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After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
24.6.2021
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country. Canaan Joins...
Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors
10.6.2021
Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play...
AquaGoat: Saving the Oceans One EcoCoin at a Time
5.6.2021
AquaGoat is an ecological social cryptocurrency with a purpose: saving the planet’s oceans. AquaGoat aims to help fund and donate to initiatives focused on cleaning and protecting the planet’s oceans and waterways, all while generating income (yield-generation) and value to its holders....
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
30.5.2021
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or...
Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds
29.5.2021
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
LEXIT to Launch IDO Aimed at Driving Its Next-Generation NFT Creation Platform
21.5.2021
SWITZERLAND –– May 26, 2021 –– LEXIT (https://lexit.com/), a decentralized finance platform (DeFi) for tokenizing intellectual property into Non-Fungible Tokens (NFTs), announced today the launch of its first initial DEX offering (IDO). Hosted on BSCPad, the first decentralized IDO platform for...
Hey, They Got Mass Effect In Our No Man's Sky
21.5.2021
For the past week, No Man’s Sky players have been led on a mysterious expedition across the galaxy with no real idea where their journey would lead. Now the “Beachhead” expedition is complete, and it’s led players to a massive Mass Effect Easter egg. Read more
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
TCake.io - Tool for fhe Next Generation of Decentralized Finance
15.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
To power the next generation of decentralized finance, TCAKE.io will provide users with cutting-edge trading toolkit for decentralized exchanges. If you are a regular user of Pancakeswap, BakerySwap...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Funding Roundup: Fresh Capital Aims to Advance Blockchain Product and Service Capabilities
13.5.2021
Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives...
Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy
12.5.2021
PRESS RELEASE. 12th May, 2021, San Francisco, California — Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital...
Migrating from Parcel to Snowpack
10.5.2021
I find build tooling endlessly interesting, especially right now as we’re in a juicy next-gen transitional period with players like Vite, wmr, Snowpack, and esbuild. Hugh Haworth has a good run-down of the new players, and we’ve chatted on …
The post Migrating from Parcel...
How a Next-Generation Blockchain Addresses "Privacy Poisoning"
10.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
The introduction of the EU's General Data Protection Regulation (GDPR) in 2018 marked a pivotal moment in the history of data privacy. Intended as a blow...
The Next Generation of Blockchain Infrastructure is Here
9.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Today, decentralized finance is widely regarded as one of the most popular use cases for blockchain technology — with over $76 billion locked up in DeFi...
Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets
29.4.2021
The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries...
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
22.4.2021
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations...
New Generation of 'Bitconnectors' Flock into SafeMoon Despite Warnings
22.4.2021
Binance Smart Chain (BSC) project SafeMoon has generated a strong buzz, and a new generation of speculators have flocked into what some warn is Bitconnect-reminiscent (UN)SafeMoon.
Hashtag SafeMoon has been trending on Twitter and was a topic of conversation elsewhere, with many unable to decide...
2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina
21.4.2021
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period....