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Nalezeno "Power": 1351

Revault Network Will Use Orbs 3.0 to Power Its DeFi Application


Revault Network and Orbs announced a collaboration to improve the Revault protocol using Orbs Layer-3 (L3) architecture. Revault will use the functionality of Orbs 3.0 to decentralize the procedure of its protocol’s tools and features, which are presently centralized. The Orbs public...

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims


Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms


Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...

Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners


PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite...

LBank Exchange Lists Crypton (CRP) on February 11, 2022


PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 12, 2022 – LBank Exchange, a global digital asset trading platform, listed Crypton (CRP) on February 11, 2022. For all users of LBank Exchange, the CRP/USDT trading pair officially became available for trading at 20:00 (UTC+8) on February 11, 2022....

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining


Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...

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