The Chelan County PUD has revealed a new proposed electricity pricing structure meant for cryptocurrency miners Washington’s Chelan County Public Utility District (PUD) has proposed a new electricity pricing structure for cryptocurrency miners meant to pass down the cost of increased electricity demand, Central Washington radio station KPQ reported Nov. 14. The article cites Lindsey […]
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In order to help immigrants in ICE custody pay their immigration bonds, the Bail Bloc project mines XMR using volunteers’ computer power. The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail […]
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Bilbao, the largest city in northern Spain, launches a €150,000 tender to create an inter-institutional public blockchain based on Ethereum. Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12. Officials of the largest city in Basque […]
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Crypto market experienced a $27 billion drop in valuation overnight, experts explain factors and trends. On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day. Source: CoinMarketCap.com Fueled by the 18 percent drop in the price […]
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Oxfam wants to use smart contracts and blockchain to ensure better conditions for Cambodian rice producers. International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports. BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and […]
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The head of major Russian bank Sberbank says blockchain technology will be adopted globally on an industrial scale in 1-2 years. The head of major state-owned Russian bank Sberbank has forecast that blockchain adoption will happen on an industrial scale in one to two years, local news agency TASS reported Nov. 13. Speaking to journalists […]
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EOS’ governance model has been questioned again. Recently, Blockchain protocol EOS became subject of a new scandal: its governance model was questioned, as evidence showing a moderator reversing transactions which had already been confirmed surfaced on Reddit. Crypto community was triggered once again, but perhaps it is time to face it: EOS is not really […]
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A new research study from MIT and Brookhaven National Laboratory claims to have potentially opened the door for ultra-low power microchips – which could be good news with regard to the Internet of Things. The focus of the study is around spintronics – a portmanteau of spin transport electronics – which explores the intrinsic […]
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A further player has entered the crypto malware arena in the form of Monero miner WebCobra, a McAfee Labs analysis shows. Internet security provider and research lab McAfee Labs has uncovered new malware which secretly uses consumer devices to mine Monero (XMR), a blog post confirmed Nov. 12. Dubbed “WebCobra” and originating from Russia, the […]
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Unsubstantiated reports quoting a lawyer from Bitcoin mining giant Bitmain suggest co-founder Wu no longer has executive power. Cryptocurrency commentators are eyeing Bitmain Nov. 13 after Chinese industry media outlet Sanyang Blockchain reported a board reshuffle had resulted in co-founder Jihan Wu being unable to influence corporate decisions. Citing an unnamed “financial news” source, Sanyang […]
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