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Quebec blockchain miners may face electricity cuts from grid operators
Home » Tech » Quebec blockchain miners may face electricity cuts from grid operators Quebec’s block reward miners are bracing themselves for energy cuts from the region’s grid operators following a complaint by public utility provider Hydro-Quebec to the distribution regulator Regie de l’energie. The complaint was included in Hydro-Quebec’s Electricity Supply Plan 2023-2032, which predicts a
my2cents-hosted Blockchain Developer Conference in Istanbul coming up on November 15
Home » Events » my2cents-hosted Blockchain Developer Conference in Istanbul coming up on November 15 The Blockchain Developer Conference is coming to Istanbul in November, and Satoshi will be in town. The event will be held at the TIM Show Center in Maslak on November 15-16 and hosted by my2cents, the Web3 social media platform built on Bitcoin
AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO
GameFi's constantly evolving model could make “today's AAA game companies look like peanuts,” said Jack O’Holleran, CEO of Skale, a multichain Ethereum-native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in the
Bitcoin miner Iris Energy faces $103M default claim from creditors
The company is facing a cash flow crisis due to tough market conditions. 2769 Total views 13 Total shares According to a new filing with the United States Securities and Exchange Commission on Nov. 7, Bitcoin (BTC) miner Iris Energy said it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged
Report: GALA token exploit resulted from public leak of private key on GitHub
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior. 5488 Total views 32 Total shares According to a new post by blockchain security firm SlowMist on Nov. 7, it appears that the last week’s token exploit affecting GameFi project Gala Games resulted from a public
What are crypto whale trackers and how do they work?
Most cryptocurrencies have a number of large holders of the asset who can influence the price of the crypto asset. For active investors and crypto traders, it helps to understand the market behaviors of these whales. Crypto whales refer to large holders of cryptocurrencies. They can be individuals or organizations who often own more than
“Bitcoin uses 0.5% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. 8945 Total views 97 Total shares The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic: the banking industry uses at least 56 times more energy. That's
DeFi at the crossroads of the trucking industry to ensure efficient payments
The trucking industry is one of the most important sectors in the world. According to recent statistics, the global freight trucking market was worth over $2.7 trillion in 2021. In addition, it’s been found that millions of commercial driver’s license holders are employed by trucking companies within the United States, a market that is responsible
NFT pricing strategy: How to price your NFTs?
Early in 2021, markets for nonfungible tokens (NFTs) started to gain some notoriety, and by the end of March 2021, this new market for digital assets had a total lifetime traded volume of about $550 million. Any digital asset can be an NFT including collectibles, artwork, video game characters, virtual world objects and digitized sports. A
Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation
Home » Business » Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation Singapore has been moving toward reviving its digital asset ecosystem after falling down the pecking order in Southeast Asia. However, the attempts to rekindle the adoption of virtual assets are against their usage in speculating and trading, says a top