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Watch Mining Hearing Live: Bitcoin Is More Energy-Efficient than Banks, Bitfury CEO Tells US Lawmakers

20.1.2022
Traditional banking requires 2.5 times the amount of power as Bitcoin (BTC) to produce the same amount of value, and only proof-of-work (PoW) provides “a truly trustless system,” according to Brian Brooks, CEO of major blockchain technology firm Bitfury and a former Comptroller of the Currency...

Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen

20.1.2022
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack...

NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report

20.1.2022
Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms. The plans, which have yet to be confirmed, are likely to involve a new feature that would let users display...

Russian central bank proposes blanket ban on crypto mining and trading

20.1.2022
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments

Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

20.1.2022
Meta reportedly plans an integration to allow social media users to display their NFTs on Facebook and Instagram

Dan Larimer Returns With a 'Multi-Year Plan to Revitalize EOS'

20.1.2022
After rebelling against Block.one, the developer of EOSIO, an open-sourced blockchain software, the EOS community is once again teaming up with Dan Larimer, the former chief technology officer of Block.one, as they're preparing for the "shortest path to EOS independence."... Read More:...

Russian Central Bank Proposes Crypto Use and Mining Ban

20.1.2022
The central Bank of Russia today proposed banning the use and mining of cryptoaassets on the country's territory. The proposed ban encompasses crypto exchanges too. The bank is citing threats to financial stability, economic security, and monetary policy sovereignty to justify this...

Aleph.im raises $10M to develop censorship-resistant data storage

20.1.2022
Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative

Spellfire Oversubscribed Twice, a Staggering $3.8M Raised

20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...