Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize the surplus to mine cryptocurrencies. This new business is growing[…]

Startup casting call: GeekWire’s Elevator Pitch competition returns for a second season

Participants in GeekWire’s Elevator Pitch season one take a ride in the historic Smith Tower elevators. (GeekWire Photo / Dan Delong) Some startups go up, others go down. We’re back for another season of GeekWire’s Elevator Pitch video series, where entrepreneurs compete for startup glory … on the 48-second ride to the top of Seattle’s[…]

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean[…]