Here are the major crypto news highlights From 18th to 21st September 2023.

Monday, 18th September 2023

Topic: Google Cloud Exec Says That Web3 is About Solving Business Problems, Not Token Prices

Key Takeaways

  • James Tromans, head of Web3 at Google Cloud, claims there’s a need to place more emphasis on the business logic in the smart contract than on the token’s supply and demand dynamics.
  • Despite the bear market, Tromans claims that Google Cloud has still seen strong demand from enterprises that want to incorporate blockchain technology.
  • Tromans insists that once user experience improves, blockchain technology will likely experience widespread acceptance.

Tuesday, 19th September 2023

Topic: Ripple Has Consolidated its ODL Services Under a New Term “Ripple Payments”

Key Takeaways

  • The VP of Ripple says that the “ODL services” part on the company’s website changed to “Ripple Payments” for clarity and that all other functions are still available.
  • She clarified that the rebranding aimed to make the service more approachable and understandable for people unfamiliar with crypto terminologies.
  • Ripple and Tranglo will collaborate to bring their services to three additional nations: Indonesia, Vietnam, and the Philippines.

Wednesday, 20th September 2023

Topic: The New Coinbase Campaign Will Be in 4 Swing States

Key Takeaways

  • Coinbase would concentrate its “Stand with Crypto” campaign on four “swing states” where people were found to be less likely to support anti-crypto presidential candidates.
  • New Hampshire, Nevada, Ohio, and Pennsylvania are the four swing states.
  • The campaign will urge cryptocurrency owners and supporters to contact their representatives in Congress and encourage them to sanction sensible legislation.

Thursday, 21st September 2023

Topic: A New Report Reveals Bitcoin CO2 Emission is Reducing While its Hash Rate Has Been Rising

Key Takeaways

  • Although the Bitcoin network has grown over time, the mining sector has not experienced a commensurate rise in carbon footprint.
  • Jamie Coutts, a crypto analyst for Bloomberg, demonstrated that the sustainable energy mix for Bitcoin has risen steadily since 2021 and is now above 50%.
  • As Bitcoin continues to lead, it encourages a broader discussion about the potential for cryptocurrencies to be a force for good.