Technology News

Crypto Miners Explore Power Recycling and Renewable Energy

Bitcoin miners are now starting to explore power recycling and renewable energy.

Widow of Late QuadrigaCX Founder Claims Husband Funded User Withdrawals

"While I had no direct knowledge of how Gerry operated the business, he told me that he had been putting his own money back into QCX to fund user withdrawals in 2018," Robertson claimed.

The New York Times Hints at Potential Blockchain Project

A previous job listing indicated that the New York Times was looking for “a forward-looking leader who will help envision and design a blockchain-based proof of concept for news publishers.”

Overstock’s Medici Ventures Acquires Equity Stake in Bankorus

The blockchain investment arm of Overstock, Medici Ventures, has obtained a 5.1 percent equity stake in Bankorus, a blockchain banking startup.

Canaan Creative Secures “Hundreds of Millions” in New Funding Round

China-based cryptocurrency mining equipment manufacturer Canaan Creative has closed a new funding round.

Binance’s Trust Wallet Now Allows Users to Buy Cryptos with Credit Cards

Trust Wallet, the official wallet of cryptocurrency exchange Binance, now allows users to buy cryptocurrencies with credit cards.

EU Blockchain Observatory Publishes Recommendations for Blockchain Sustainability

The European Union Blockchain Observatory and Forum has outlined a number of recommendations on how to improve the development of blockchain technology, including setting standards to enhance the nascent technology’s interoperability and scalability.  

Ripple and Forte Establish $100M Fund to Promote Blockchain Adoption in the Gaming Industry

The initiative was spearheaded to support the large-scale adoption of blockchain technology within the gaming industry by promoting engagement and monetization with players.

Samsung Galaxy S10 Wallet Does Not Support Bitcoin

The Samsung Galaxy S10 wallet comes with support for Ether and CryptoKitties but not Bitcoin.

Credit Union Consortium Partners with IBM to Integrate Hyperledger Fabric

Credit union service consortium CULedger has partnered with tech giant IBM to develop “an immutable audit trail that can be used to create new business models and transform existing business processes for credit unions.”  

UN Panel: North Korea Carries Out Crypto Hacks to Bypass Economic Sanctions

A United Nations (U.N.) Security Council expert panel report stated that North Korea has been implementing major cryptocurrency hacks to circumvent economic sanctions.

Facebook Continues to Beef Up Blockchain Team with 20 Job Openings

The social media giant’s career page now has 20 job openings pertaining to blockchain.

Mining Pool Returns Half of Accidentally Sent Ether Fee Worth $300K

Ethereum mining pool Sparkpool has recently verified the identity of the user who had previously sent an unusually exorbitant miner’s fee by mistake and has subsequently agreed to split the amount.   

SEC Commissioner Issues Caveats on Proposed Action Plan During Blockchain Summit

Commissioner Hester Peirce of the U.S. Securities Exchange Commission (SEC) has issued a number of caveats in a recently discussed action plan during the previous Blockchain Summit in D.C.  

Connecticut Lawmakers Propose Legalization of Blockchain Smart Contracts

The U.S. state of Connecticut could soon authorize the utilization of blockchain smart contracts in business.
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