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China Using Blockchain Power to Boost Post-COVID 19 Tourism


The GuanYin of Nanshan statue in Hainan. The Chinese island province of Hainan wants to use a blockchain technology-powered “points” program to boost tourism to the region. The project will operate alongside a recent project that will see Hainan create the nation’s first blockchain free trade...

Elastos Info Team Integrates Chainlink to Power Its Stablecoin Protocol


Blockchain platform Elastos has announced its integration with a Chainlink powered ELA/USD price reference data feed to support its upcoming cross-chain stablecoin. Chainlink is one of the top decentralized oracle networks for deploying the ELA price feed on the Elastos platform. It is also one...

Thinking About Power Usage and Websites


Gerry McGovern asked if I had any insight into energy consumption and websites. He has a book, after all, about the digital costs on the planet. He was wondering about the specifics of web tech, like… If you do this in HTML it will consume 3× energy but if you do it in JavaScript it will...

Bitcoin—the Power Needs Over $10k to Set an All-Time High


Bitcoin and its price have been a talk of the investor’s town due to its recent volatile movement. It was during the weekend when the largest cryptocurrency by market capitalization was seen trading above $11k, while currently has recorded a steep dip wherein BTC lost over 3% from the highest...

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network


Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only...

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether


A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

DeFi Frenzy Proves the Power of Bitcoin; Correction Incomming – Novogratz


Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia The current macroecomic backdrop, as well as the frenzy surrounding decentralized finance (DeFi), has proven just how “powerful” bitcoin (BTC) is as a store of value, according to Mike Novogratz, founder and CEO of Galaxy Digital....

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