Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining. Crypto mining in Iran is set to become even bigger with the government giving the green light for power plants to mine cryptocurrencies like Bitcoin (BTC). The news is the latest piece of positive development on […]
Continue Reading
Government authorities and executives at Free Economic Zone “Bishkek” are reportedly involved in running a large-scale illegal mining farm. Law enforcement authorities in Kyrgyzstan have reportedly detected an illegal cryptocurrency mining farm on the territory of a local free economic zone (FEZ). The State Service for Combating Economic Crimes, an anti-corruption service in the Kyrgyz […]
Continue Reading
A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles. The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to […]
Continue Reading
An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption. Researchers at the Technical University of Munich are encouraging regulators to look beyond Bitcoin when it comes to considering the environmental impact of crypto mining. According to an Aug. 4 issue of […]
Continue Reading
Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday. After suffering two major blockchain reorganizations over the past week, Ethereum Classic (ETC) has seen its hash rate plummet — exacerbating the risk of further 51% attacks targeting the network. […]
Continue Reading
Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past three years would have a […]
Continue Reading
Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today. Ethereum Classic (ETC) has suffered a second 51% attack in less than one week, bringing the ongoing security of the network into question. On August 6, Etherchain.org tweeted that its affiliated mining pool Ethermine had disabled ETC […]
Continue Reading
Forensic analysis suggests the recent Ethereum Classic blockchain reorganization was a carefully orchestrated malicious attack. A recent 51% attack that impacted Ethereum Classic (ETC) is believed to have resulted in approximately $5.6 million worth of the cryptocurrency being double-spent. A report published by Aleksey Studnev of blockchain forensics firm Bitquery on August 5 has revealed […]
Continue Reading
Highly anticipated blockchain game The Sandbox has announced a token sale for its SAND utility tokens later this month through Binance’s Launchpad platform. Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform. The initial exchange […]
Continue Reading
Highly anticipated blockchain game The Sandbox has announced a token sale for its SAND utility tokens later this month through Binance’s Launchpad platform. Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform. The initial exchange […]
Continue Reading