CleanSpark still to restore 165MW in aftermath of Hurricane Helene
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.
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Telegram Aims to Delay TON Launch Deadline Ahead of SEC Meeting
Encrypted messaging service Telegram wants to postpone the launch date of its Telegram Open Network (TON) following issues with the United States Securities and Exchange Commission (SEC).According to an investor message seen by Cointelegraph on Oct. 16, Telegram told investors that it wants to push back the deadline to April 30, 2020.The launch was initially…
Iota, Dell and Linux Developing Platform to Rate Data Trustworthiness
Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating on Project Alvarium.In an Oct. 28 press release, the nonprofit Linux Foundation announced it was forming a new project with support from several major industry giants such as Dell, the Iota Foundation and IBM. Other partners to the project include edge resource…
Lawsuit: Investors Can’t Prove Ripple Knew XRP Had ‘No Utility’
Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false. 1016 Total views 11 Total shares The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they…
Bitcoin-backed property investment becomes new avenue for Cayman Islands residency
Bitcoin financial services firm Ledn’s ties with the Cayman Islands open a doorway for crypto users to use their funds to obtain real estate “golden visas.“ 597 Total views 1 Total shares The Cayman Islands has long been an idyllic beach getaway for tourists, but the archipelago could soon welcome Bitcoin (BTC) holders as new…
Ethereum and DeFi are forcing smart contract platforms to evolve
The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year.Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the…
UK Gov’t Includes Blockchain in Negotiation for US Free Trade Agreement
The United Kingdom’s Department for International Trade recently published its agenda for negotiation of a Free Trade Agreement (FTA) with the United States. Contained within the wide-reaching document, blockchain is identified as one area in which businesses and the country will benefit from an FTA.The document sets out the U.K. government’s position coming into the…
Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022
Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible…
Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace
Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace. 735 Total views 12 Total shares Crimes targeting the virtual currency sector decreased by more than half in 2020 according to blockchain security firm CipherTrace.The firm’s 2020 cryptocurrency crime and anti-money laundering report revealed that losses…