NFTs show signs of life as weekly volumes turn positive

Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in…

The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA) on April 7. The partnership endeavors to explore further ways to strengthen technology’s adoption throughout South Africa.According to the official announcement, Cardano will use blockchain technology to boost socio-economic growth in South Africa. The Foundation believes such a partnership will help…

"Illegal or criminal activities are likely to flourish in the darkverse since it will be difficult to track and monitor," says Trend Micro. 195 Total views 5 Total shares In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next…

Publicly-listed mining company Argo Blockchain had a tenfold increase in revenue for 2019 over the previous year, ProactiveInvestors reports on Jan. 20. Its shares bounced as the company plans further expansion in the upcoming year.Argo Blockchain PLC is a company operating mining rigs for profit, as well as providing Mining-as-a-Service (MaaS) to institutional investors who…

Legendary video game company the Atari Group will conduct an initial coin offering aimed at launching a cryptocurrency casino.Atari was founded in 1972 in Sunnyvale, California, though ownership has changed hands several times since then. The company currently belongs to Atari Interactive, a subsidiary of the French publisher, Atari, SA. Its stock is listed on…

The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. 331 Total views 3 Total shares An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet.Pablo Urbiola…

The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds. 784 Total views 29 Total shares On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds.According to local news outlet Inquirer.Net, the president…

Measures such as Google searches, Bitcoin ATM installations and the number of crypto-focused bills were used to tabulate the crypto-ready index. California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population, according to new industry research…

Avalanche (AVAX) gained 0.5% to reach over $31 on May 23 but AVAX price remains trapped inside a trading range that appears like a "bear pennant" structure.Avalanche could get buried technicals Bear pennants are bearish continuation patterns, i.e., they resolve after the price breaks out of them to the downside and then—as a rule of technical…