In a new development for their partnership, MultiversX has announced its integration with Google BigQuery, marking a significant milestone in making blockchain data more accessible and insightful, per an official post. MultiversX Ecosystem Gains a Boost With BigQuery Integration This integration hints at potential growth for the MultiversX ecosystem, underscoring the network’s commitment to enhancing the user experience and assisting its developer community by providing them with new tools. With this latest collaboration, Google replicates its role as the internet’s information custodian by making MultiversX’s blockchain data readily accessible through…
Tag: Data
Ripple Must Share Financial Statements, XRP Institutional Sales Data, Court Rules on SEC Request
Having found Ripple liable for violations before the lawsuit was filed in 2020, the requested documents will aid Torres in determining whether the court should order injunctions or civil penalties for the period since then and, if warranted, decide how much, the SEC said in its request. Source
US government targets crypto mining energy use in new data initiative
The U.S. government has announced a new initiative to keep tabs on the energy consumption of cryptocurrency mining operations. The Energy Information Administration (EIA) will soon embark on a data-gathering mission, engaging directly with commercial crypto miners to gather comprehensive details regarding their energy usage. Starting next week, this exercise aims to highlight the evolving energy patterns related to crypto mining, pinpoint areas of concentrated growth, and shed light on the energy sources underpinning this digital asset creation. Authorized under an urgent data collection directive by the White House Office…
Bitcoin Price (BTC) Slides Below $43K After Strong U.S. Jobs Data
Labor market strength continued in a big way in January, with the U.S. adding 353,000 jobs versus economist forecasts for 180,000 and against December’s 333,000 (revised from an originally reported 216,000), according to the government’s nonfarm payrolls report released Friday morning. The unemployment rate held steady at 3.7% versus expectations for a rise to 3.8%. Original
EIA Drilling Down on Crypto Mining Energy Use Data Draws Ire From Community
“When I read the press release and the filing my initial thought was, Interesting. Maybe this will turn out to be a net positive for the industry,” Bent wrote. However, after digging deeper, he called the survey “one of the more Orwellian things I’ve seen come out of this Administration,” as it requires very granular data, such as specific information about mining fleets and hash rate data. Source
Crypto investors lost nearly $2b over 600+ incidents in 2023, data shows
Analysts at blockchain forensic firm PeckShield say the crypto industry witnessed over 600 hack incidents over the past year. In an X post on Jan. 29, PeckShield released an infographic highlighting the extensive scale of hacker attacks targeting the crypto sector in 2023. According to their data, crypto investors faced losses amounting to $2.6 billion due to illicit activities, with a recovery of nearly $675 million. PeckShield’s findings reveal that investors suffered losses of over $1.5 billion from hacks and an additional $1.1 billion from scam schemes, reflecting a 27.78%…
New ICO campaign promotes sharing data to safeguard children
The Information Commissioner’s Office is partnering with education, law enforcement and social service organisations to raise awareness about responsible data sharing to protect children from harm. The data protection regulator has launched a myth-busting campaign called ‘Think. Check. Share.’ which demonstrates how data protection law can help organisations to share personal information when required to safeguard children and young people. The National Day Nurseries Association, the Early Years Alliance, the College of Policing, the National Police Chiefs’ Council and the Confederation of School Trusts are among the first organisations to work…
Bitcoin (BTC) Whales Boosted Coin Stash by $3B in January, Data Show
“While bitcoin ETFs have seen net inflows of $820M, bitcoin whales have seen an increase of ~$3B (76,000 BTC) so far in 2024,” IntoTheBlock said in a weekly newsletter. “Whales include any entity, individual, or fund (including the ETFs) holding over 1,000 BTC.” Original
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract platform, has successfully secured $20 million in a Series A funding round, according to official blog. The funding round was led by prominent crypto-focused venture firms Paradigm and Standard Crypto, with additional investments from Robot Ventures and Ethereal Ventures. This milestone marks a crucial step in Axiom’s mission to revolutionize the accessibility of authenticated data on blockchain networks. At the core of Axiom’s strategy lies the innovative use of zero-knowledge cryptography. Unlike traditional consensus mechanisms that require all nodes to agree on a state of data,…
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
“At the end of the day, a zero-knowledge proof is basically a computer that can provide a receipt for what it did,” said Alok Vasudev, the co-founder of Standard Crypto, in an interview with CoinDesk. “In Axiom’s case, I think now we’re starting to really uncover new areas and think about new markets that can be opened up by this same core technology.” Source