CryptoPunks NFT floor price spikes 13% on rumors of IP sale
Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.
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Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto
The recently launched Korea Blockchain Enterprise Promotion Association has called on the state to adopt crypto and blockchain technology, local news agency Korea Joongang Daily reports Aug. 8. According to the report, the blockchain association has filed a demand with the government to regulate the new technology to benefit from its opportunities instead of focusing…
Wyoming Introduces Bill Permitting Tokenization of Stocks
A bill allowing corporations to issue blockchain-based tokens that represent stocks was introduced in Wyoming on Jan. 16, according to the official state legislature site.House Bill 185 is sponsored by Representatives Olsen, Brown, Hunt, Lindholm, Western and Zwonitzer and Senators Driskill and Rothfuss. If passed, the bill will become effective on July 1, 2019. The…
Data center operators have ‘no problem’ with new Russian crypto crackdown
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried. 904 Total views 25 Total shares BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s…
Ethereum’s Constantinople, St. Petersburg Upgrades Set to Occur This Week
Ethereum’s (ETH) next two network upgrades, referred to as Constantinople and St. Petersburg, are scheduled to take place this week, according to an official Ethereum blog post on Feb. 22.More precisely, the updates are scheduled to happen at Ethereum’s block 7,280,000, which is expected to be mined on Feb. 28. Still, given the unpredictable nature…
Vitalik: How to create algo stablecoins that don’t turn into ponzis or collapse
Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable.Buterin’s comments were sparked by the multi-billion dollar losses caused by the collapse of the Terra (LUNA) ecosystem and its algo-stablecoin TerraUSD (UST). In a May 25 blog post, Buterin noted that the increased amount of…
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas. 56 Total views 2 Total shares Bitcoin miner Genesis Digital Assets (GDA) announced on Aug. 1 that it has launched three new data centers in the U.S. state of South Carolina. The facilities came online…
Memecoin Shiba Inu unveils plans to launch DAO
Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project.
Unconfirmed Report: Miner Manufacturer IPO Halts Due to Alleged Illicit Finance Practices
Investigators have reportedly halted the public listing process of cryptocurrency mining machine manufacturer Ebang International on the Hong Kong Stock Exchange (HKEx), local financial news outlet Sina Finance reported Oct. 14. According to reports, the move was prompted by the firm’s alleged involvement in illicit financial practices.Ebang International operates in the field of Application-Specific Integrated…