Day: September 20, 2022

Nasdaq-Listed Bitcoin Miner Terawulf Reveals Firm’s Lake Mariner Site Has 12,000 Miners Deployed – Mining Bitcoin News

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Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of capacity, 11 days later, the company has revealed the operation of nearly 12,000 miners at the facility in New York. Between the owned and hosted hashing capacity at Lake Mariner, Terawulf has 1.3 exahash per second (EH/s) of hashpower. Terawulf Says 12,000 Mining Rigs Are Operational in New York, Site Currently Produces 1.3 Exahash The bitcoin mining firm Terawulf (Nasdaq: WULF) has detailed its recent miner…

BNB Chain launches a new community-run security mechanism to protect users

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BNB Chain, the native blockchain of Binance, has launched AvengerDAO, a new community-driven security initiative to help protect users against scams, malicious actors and possible exploits. The security-centric decentralized autonomous organization (DAO) has been developed in association with leading security firms and popular crypto projects such as Certik, TrustWallet, PancakeSwap and Opera, to name a few. The AvengerDAO security initiative mainly consists of three major components, namely a passive API system called Meter, a subscription-based alert system called Watch, and a programmable fund management system called Vault. When a user on…

BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users

The founding partners of the decentralized autonomous organization(DAO), entities that have no central leadership, include security audit firms such as Certik, Go Plus, SlowMist, Zokyo, BlockSec, Hashdit, Verichains, and other crypto companies like Pessimistic, CoinMarketCap, TrustWallet, PancakeSwap, BSCtrace(NodeReal), BSCscan, MathWallet, DappBay, Coin98, and Opera. Source

Allowing Creators and Fans to Co-create and Co-monetize

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It has never been easier to create — and this is reflected in 50 million creators trying to earn a living from their work — but the majority are struggling as only 2% of creators are earning income above minimum wages. What all creators have are their own superfans that create content. Yes, that’s right – The flip side of being a creator is what makes a creator in the first place: Their fans. Today, fan content already outnumbers original content. There are 75 million fans creating derivative works and…

Empowering Today’s Society with Smart and reliable Weather Systems

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The global climate is changing rapidly as compared to the pace at which natural variations occurred in the past. And with the climatic changes, previously unseen occurrences that could hinder many day-to-day operations in society are becoming too common. For instance, global temperatures rose by roughly 1.8 °F between 1901 and 2016. The high temperatures are worsening and making frequent different types of disasters—heat waves, storms, floods, droughts, etc. Warmer climates are also creating atmospheres that collect, retain, and dump more moisture, changing weather patterns in a way that wet…

Saving the planet could be blockchain’s killer app – Cointelegraph Magazine

The sustainability movement has emerged as a 21st century megatrend, and it shows no signs of abating. Record heat in Europe, wildfires in the U.S. West, floods in Pakistan, drought in China, and accelerating ice cap melt in Greenland and Antarctica have driven home to many the looming threat of climate change.   Meanwhile, the New York Times declared in December “the sustainable industrial revolution is just getting started,” and even heavy industries like shipping, steel, and plastics are beginning to grasp the importance of an ecologically sustainable future — developing…

Investors Remain Cautious Before the Fed Make Their Move – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin and the crypto market saw a significant bounce yesterday, before finding resistance at $19,666 – the 2017 bull market top, a key resistance. Bitcoin remains below $20,000 for now as investors are very cautious ahead of the Federal Reserve decision tomorrow, followed by a news conference with Chair Jerome Powell. The market is currently pricing in a probability of an 82% chance of a 75 basis point rate hike, and a 18% chance of a 100 basis point rate hike.…

Michael Saylor’s Microstrategy Buys The Dip By Purchasing Another $6M Bitcoin

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Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin.  According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an average of $30,639 per Bitcoin. MicroStrategy’s former CEO Micheal Saylor revealed today via his official Twitter account that MicroStrategy purchased another $6 Million Bitcoin taking the entire company’s BTC holdings to $3.98 billion at an average price of $30,639 per Bitcoin. Saylor recently stepped down as MicroStrategy CEO, taking the role of executive chairman. His reasoning behind his decision is…

Nasdaq reportedly prepares for crypto custody services for institutions

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As more institutions become interested in dabbling in cryptocurrencies, multinational financial services firm Nasdaq has reportedly started its preparations to offer digital asset custody services to institutional clients.  The company has reportedly created a new group focusing on digital assets and will start with offering Bitcoin (BTC) and Ether (ETH) custody services for institutions. The firm also onboarded Ira Auerbach, who previously worked at the crypto exchange Gemini’s prime broker services, to be the head of its new digital assets division. In a Bloomberg report, Auerbach expressed his belief that…