PoW vs. PoS: Securing the Chain

At the heart of every blockchain is a set of programmatic rules which define how a global network of participants validate transactions and maintain consensus regarding the state of the network. One of the most crucial components of these rules is the blockchain’s Sybil resistance mechanism, which protects the network against spam nodes, 51% attacks … Read more

GameFi and crypto ‘natural fit’ for game publishers: KBW 2022

South Korea is considered the fourth biggest gaming market and one of the biggest blockchain adopters. However, the country has banned play-to-earn (P2E) blockchain games due to the crypto integration. The new pro-crypto president Yoon Suk-yeol had hinted at lifting the ban, but the government has yet to show any significant effort. Anthony Yoon, managing … Read more

Tornado Cash Now Placed Under US OFAC Sanctions

The United States Treasury Department has sanctioned one of the world’s most popular crypto mixing platforms, Tornado Cash. According to the sanctions, the crypto mixer has been barred by the government from offering any form of transactions to individuals in the United States. The assets of the platform that may be resident in the US … Read more

Landfill Gas Bitcoin Miner Vespene Raises $4.3 Million – Bitcoin Magazine

Vespene Energy raised $4.3 million to help cities mine bitcoin. Vespene’s structure encourages municipalities to become involved in the mining ecosystem. The first pilot location will be in central California. Vespene Energy, a methane mitigation company providing bitcoin mining infrastructure, closed a $4.3 million funding round led by Polychain Capital to launch net carbon-negative bitcoin … Read more

CleanSpark Acquires 86 MW Bitcoin Mining Facility – Bitcoin Magazine

CleanSpark acquired an operationally ready bitcoin mining facility in Washington, Georgia. The facility was owned by bitcoin mining company Waha Technologies and is scalable to 86 MW. CleanSpark also purchased an additional 3,400 Antminers which will add over 340 PH/s to the company’s hash rate capacity. CleanSpark Inc, a North American sustainable Bitcoin mining company, … Read more

Reserve Bank of Australia Rolls Out CBDC Pilot Project

The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency’s (CBDC) business models and innovative use cases. The Australian central bank highlighted that the pilot project aimed at getting better insights into the regulatory, legal, and technological aspects of CBDCs.    Michele Bullock, RBA’s Deputy Governor, pointed … Read more

Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares

Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares. The study dubbed “Volume 92: Digital Asset Fund Flows Weekly Report” highlighted: “Digital asset investment products saw inflows totalling US$3m last week marking the 6th consecutive week of … Read more