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$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
The Algorithms That Control the Cryptocurrency Market
5.3.2020
Algorithms are at the heart of 21st century life, invisibly controlling many of the systems we use and take for granted on a daily basis. Pervasive algorithms determine the entertainment we consume (Netflix, Spotify), the information we read (Google), and the chatter we hear (Facebook, Twitter)....
Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide
2.3.2020
On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently...
IT Exec at Kyiv Prosecutor’s Office Illegally Mined Crypto on Office Systems
27.2.2020
An IT expert at a Ukrainian prosecutor’s office used the office’s systems to illegally mine cryptocurrency and provide placement to third parties
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
23.2.2020
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit...
Blockchain in Democracy: Moving Towards Blockchain-Powered Voting Systems
21.2.2020
The Utter Failure of Iowa Caucus In stark contrast to the successful model of Estonia, the utterly botched voting system employed in the Iowa Democratic caucus has cast doubts over the efficacy of blockchain-based voting applications. A start-up developed the application used in Iowa, Shadow Inc....
Blockchain in Democracy: Moving Towards Blockchain-Powered Voting Systems
21.2.2020
The Utter Failure of Iowa Caucus In stark contrast to the successful model of Estonia, the utterly botched voting system employed in the Iowa Democratic caucus has cast doubts over the efficacy of blockchain-based voting applications. A start-up developed the application used in Iowa, Shadow Inc....
Openfinance Lists New Security Token in Charity Fundraising Effort
19.2.2020
Openfinance recently announced that Lottery.com’s LDCC security token is now available to investors
Crypto Exchange Binance Suspends Trading Over ‘Systems Messaging Error’
19.2.2020
The exchange said the outage is due to system maintenance prompted by a problem with a data feed
BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash
14.2.2020
This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through...
US Military Contractor BAE Systems Wants to Hire ‘Cryptocurrency Exploiters’
12.2.2020
The role will require candidates to have experience in working with the intelligence community
Design Systems Blogathon
11.2.2020
It was fun watching a bunch of back and forth blogging between a bunch of smart people quoting a bunch of smart people last week. If you missed it, you might wanna start at the end and work backward.
I only have one tidbit to add. I don't do much with design systems as someone who works on pretty...
Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...
Google Executive From India Joins Coinbase as Chief Product Officer
31.1.2020
A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive...
The Web in 2020: Extensibility and Interoperability
22.1.2020
In the past few years, we’ve seen a lot of change and diversion in regard to web technologies. In 2020, I foresee us as a web community heading toward two major trends/goals: extensibility and interoperability. Let’s break those down.
Extensibility
Extensibility describes...
Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
14.1.2020
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable...
China Issues Digital Currency Guide for Party Cadres
14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...
Tagomi Systems is Ready to Set a Revolutionary New Standard in Crypto Trading
11.1.2020
Tagomi is the leading digital asset brokerage firm offering trading, margin, custody, shorting, lending, financing and staking all from one account. Tagomi consolidates top-class trade execution technology, designed and built by previous HFT technologists, with custody and settlement services...
Kerala Outlines Plans to Become India’s Blockchain Hub
9.1.2020
The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s...
Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
9.1.2020
As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival as a truly disruptive alternative to legacy financial systems is raised. After all, if governments like Qatar’s can ban it, and international...