Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG

The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. 28. Envion was established in Switzerland by Michael Luckow and Matthias Woestmann as an off-grid mining company that claims to use decentralized, clean energy like hydroelectric and solar to power its mobile mining units. Envion reportedly raised around $100 million through an ICO conducted in mid-January of this year. However, the project eventually turned into a fight between the two partners…

Developer Completes ‘Proof-of-Life’ Off-Grid Crypto Transaction Primed for Post-Apocalypse

A developer known as “Daniel Jones” on Twitter claims to have completed a solar-powered, off-grid crypto transaction using shortwave radio and blockchain, The Next Web reports Tuesday, September 18. The project was reportedly devised in response to the CallForCode challenge, which challenges tech innovators to improvise with existing tools in order to find relief solutions for natural disasters. The off-grid transaction was completed on the open-source blockchain network ‘Burst’ and involved just a portable hard drive, a solar battery pack and a shortwave radio, as one of the project devs…

Developer Completes ‘Proof-of-Life’ Off-Grid Crypto Transaction Primed for Post-Apocalypse

A developer known as “Daniel Jones” on Twitter claims to have completed a solar-powered, off-grid crypto transaction using shortwave radio and blockchain, The Next Web reports Tuesday, September 18. The project was reportedly devised in response to the CallForCode challenge, which challenges tech innovators to improvise with existing tools in order to find relief solutions for natural disasters. The off-grid transaction was completed on the open-source blockchain network ‘Burst’ and involved just a portable hard drive, a solar battery pack and a shortwave radio, as one of the project devs…