The Importance of Cross-Chain Compatibility

The potential for blockchain to improve business processes, provide transaction transparency and security in the value chain, and reduce operating costs is obvious to many people. Despite this, the expected mass adoption has not occurred so far. What has the blockchain been insisting on? In recent years, several issues have prevented the widespread use of blockchain. But so far, the […]

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University of Cambridge Bitcoin Mining Map Shows China's Hashrate Dropped to 46% – Mining Bitcoin News

After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the way up until April 2021, and the estimate of China’s hashrate dominance is much lower than […]

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Power Ledger Migrates from Ethereum to High-Throughput Solana Blockchain

Australian energy trading company Power Ledger has announced the migration of its blockchain platform from Ethereum to Solana. This migration is expected to improve the Powerledger Energy Blockchain.  Ethereum to Solana  Power Ledger revealed this development on July 12 in a press release on its website. According to the report, the migration from Ethereum to Solana will provide the Power Ledger Energy Blockchain […]

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Security Matters (SMX) Launches Blockchain-Enabled Plastics Recycling System

Security Matters (SMX) has announced the completion of its distributed ledger technology (DLT) based conveyor belt detector, which is designed to allow players in the plastics industry to carry out industrial-scale identification, authentification, and quantification. The system fosters plastics recycling efficiency and more, according to a press release on July 6, 2021. SMX Blockchain-Enabled Conveyor Belt  In a bid to […]

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Hedge Fund Behemoth Marshall Wace Eyes Crypto Investment Foray

Crypto’s growing appeal among institutional investors is set to be reinforced further as London hedge fund behemoth Marshall Wace is looking to invest in cryptocurrency companies. From hedge funds to retirement funds, and even sovereign wealth funds, virtual currency is beginning to draw a stellar cast of backers from the legacy finance world. $55B Asset Manager Sets Sight on Crypto […]

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China: New CBDC Trials Indicate Pivot toward Environmental Sustainability

China’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. Specifically, these pilots have been initiated in Chengdu and Xiong’an at a combined value of around $2.3 million. What sticks out about these trials is the fact that they […]

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Pop Star Katy Perry Collaborates With Theta Network to Launch NFTs

NFTs with celebrity endorsements have been increasingly popular in recent months. Hollywood star Mila Kunis has revealed her involvement in an animated series based on the NFT titled Stoner Cats, while Jay Z is auctioning a tokenized cover from his debut album through Sotheby’s. The latest to step in is Pop music star Katy Perry, who announced this Wednesday that […]

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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices – Mining Bitcoin News

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products and Low Prices per Hash […]

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Concordium Becomes First Overseas Blockchain Firm to Join Japan Blockchain Association

Swiss-based blockchain protocol Concordium AG has announced its inclusion as a full member of the Japan Blockchain Association (JBA). This development is a significant milestone as Concordium becomes the first overseas blockchain platform to join the prestigious association. Concordium AG joins JBA  Concordium revealed this development in a press release on June 23 that detailed the entire process. According to […]

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