Big name games and developers donate prizes to cross-promote titles while encouraging players to load test Taurion’s alpha release. Upcoming blockchain-enabled gaming experience Taurion launches its Treasure Hunt III event on Aug 28. Participants will be competing for over $10,000 in prizes, including major cryptocurrencies, in-game currencies and rare nonfungible tokens (NFTs) from a whole […]
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Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021. Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021. The new miners will […]
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Fair Launch Capital’s business model may help prevent future YAM DeFi debacles. A new project called Fair Launch Capital claims to be offering a new way for founders to fund crypto networks. According to an Aug. 26 tweet from Fair Launch Capital (FLC), the project will provide access to capital for founders to fund their […]
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He also said that nothing built on Ethereum is capable of scaling. Will Martino, the former lead engineer for JPMorgan’s Quorum blockchain, shared insights into the project’s acquisition by ConsenSys with Cointelegraph. He believes that while the technology was good for its time, it inherited fundamental flaws from Ethereum (ETH). Martino was involved in the […]
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The halcyon days of state subsidized electricity are over. Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity. Per the Inner Mongolia Electric Power Group Co, the region expects to recover around 6.732 billion yuan ($977 million) in taxes and fees thanks to these new […]
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A Compound proposal could put a major dent in the profits for all yield farmers. A new Compound governance proposal from Gauntlet founder Tarun Chitra would see all future COMP token distributions locked in a vesting schedule. The proposal was submitted on Wednesday and outlines several ways that the vesting could be implemented. One would […]
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Who said browser-based cryptojacking was dead? The crypto price surge since March has been accompanied by a wave of cryptojacking attacks according to new research published by cybersecurity firm Symantec. According to the company there was a 163% increase in browser-based cryptojacking activity in the second quarter of 2020. Cryptojacking had previously been in a […]
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Everledger’s partnership with JD.com will allow buyers in China to purchase diamonds knowing their origins. DLT supply chain firm Everledger is partnering with local Chinese diamond sellers to ensure customers only receive genuine gemstones. In an Aug. 25 announcement, Everledger, a global digital registry for diamonds, said it would be working with Chinese e-commerce giant […]
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Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears. After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is […]
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The race for first place in DeFi’s total value locked heats up. The statistics for total value locked, or TVL, in decentralized finance are being rocked by Aave (LEND), a lending protocol that has now taken MakerDAO’s mantle as the most popular destination for Ethereum-based assets. According to data from DeFi Pulse, Aave holds $1.44 […]
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