According to the filing, the blockchain firm intends to seek out companies with “significant competitive advantages and/or underexploited expansion opportunities.” The expansion can be accomplished through a “combination of accelerating organic growth and finding attractive add-on acquisition targets,” the company notes. Source link
advertisement The video game distribution platform Steam has updated its guidelines to ban the use of non-fungible tokens (NFTs), cryptocurrencies or other blockchain-based technologies from its platform. The new rule was tacked onto a list of “What you shouldn’t publish on Steam,” which also bans hate speech, libelous or defamatory statements and non-interactive 360 virtual …
Video game platform Steam bans NFTs, crypto and blockchain tech Read More »
Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300- megawatt (MW) blockchain data center in Denton, Texas. The company is building the data center using “emissions-free power supplemented by renewable energy credits.” “When completed, the new Denton data center will increase the company’s total power capacity to more than …
Core Scientific to Build 300MW Blockchain Data Center in Texas Read More »
DApps is defined as a decentralized application. It works on the blockchain or P2P network. Blockchains are a major force disrupting the digital world. Back in the day, did you ever imagine that the i DApps is defined as a decentralized application. It works on the blockchain or P2P network. Blockchains are a major force …
You might have heard that blockchain is going to revolutionize the way we work. To be frank, this is an understatement. Many industries are already scrambling to make use of blockchain technology to o You might have heard that blockchain is going to revolutionize the way we work. To be frank, this is an understatement. …
How Blockchain Technology Can Change Project Management Read More »
The company’s gross mining margin during the year was $50.1 million compared to $8.5 million the year before, which Hive attributes to taking control of its operations in Sweden and ending bitcoin cloud mining, as well as switching to independent mining in Quebec. Source link
Episode 57 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Mike Belshe, CEO at BitGo. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to [email protected] This episode is brought to you by our sponsors Bakkt, Kraken, and Exodus Bakkt® …
advertisement Blockdaemon, a New York-based startup that builds blockchain nodes and other tech, has raised $155 million at a valuation of $1.26 billion. According to a release announcing the Series B funding round, SoftBank’s Vision Fund 2 led the round. New investors Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital participated in the round, …
Blockchain tech firm Blockdaemon raises $155 million in Series B funding Read More »
advertisement The Solana blockchain is back online after an hours-long outage. As previously reported, Solana’s transaction blocks came to a stop on Tuesday. Developers later said that Solana’s mainnet “encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging …
Solana blockchain validators restart network after transaction stoppage Read More »
A now-infamous “pivot” from iced tea to blockchain tech that sent a publicly-traded company’s stock soaring has years later resulted in insider trading charges against three individuals. The Securities and Exchange Commission went public with its lawsuit on Friday, according to a press release, alleging that Eric Watson, Oliver-Barret Lindsay and Gannon Giguiere engaged in …
SEC files insider trading charges years after iced tea company’s 2017 blockchain ‘pivot’ Read More »