Archived Posts

Energy consumption for the mining of a single bitcoin is estimated to be 1,449 kilowatt hours (kWh). This is equivalent to the energy used by a typical American home for around 13 years. Bitcoin mining is regarded as a pricey endeavor due to the significant energy expenditure required. However, specific pricing might change significantly based   Read more...

Paystand, a B2B payments processing platform, has taken over Yaydoo, a procurement startup that offers accounts payable, cash flow administration, and liquidity products in Mexico and LATAM. This is an encouraging step toward expanding access to commercial blockchain technology based products throughout the Americas. In a time of economic unpredictability, the merger of the two   Read more...

The enormous price surge that FLOW has had in recent days makes it impossible to miss on any chart. After increasing by over 100% in a single day, the digital asset is now being actively traded and is closely monitored by crypto investors. Nevertheless, the rationale underlying this rally is less well-known. In this post,   Read more...

Playstudios, a developer of mobile games, has now declared its intention to enter the Web3 gaming market. The firm is introducing the notion of “rewarded play” to its consumers by opening a blockchain gaming section. The company’s users currently get tangible benefits for participating in the games. It has been announced that Playstudios would be   Read more...

Instagram, which is owned by Meta, has stated that its NFT functionality, together with the incorporation of Coinbase Wallet, Dapper Wallet, and the Flow blockchain, is now accessible “in 100 additional countries.” The regions have been expanded to encompass the Middle East, Africa, Asia Pacific, and the Americas. Facebook (previously known as Meta) began testing   Read more...

The Nimbus Platform IO, headquartered in Bahrain’s capital city of Manama, has released version 2.0 of their n-NFT structured financial derivative product. Smart Staker n-NFT is the new name for the updated version of n-NFT inside the Nimbus Platform’s ecosystem of decentralized applications and tools. It was not until late December of 2021 that the   Read more...

On Thursday, TRON’s creator Justin Sun chimed in on one of the cryptocurrency industry’s hottest topics, announcing that he will contribute part of the forked ETH to the ecosystem in order to foster the development of a Proof-of-Work Ethereum environment. According to his tweet, “We presently have more over 1 million #ETH,” he was probably   Read more...

Hundreds of users imitated the attack on the Nomad cross-chain bridge and stole the remaining $190M in assets. Almost all of the funds from the Nomad cryptocurrency cross-chain bridge were stolen, but this time it wasn’t simply hackers. An unprecedented $9 million hack was perpetrated by hundreds of ordinary users in a “frenzied looting frenzy,”   Read more...

A suspected breach has resulted in the loss of about $5 million from the hot wallet of the cryptocurrency exchange ZB.com. Wednesday, the security company PeckShield said on Twitter that $4.8 million worth of more than 20 digital currencies, namely SHIB, USDT, and MATIC, had been moved out of the platform on Tuesday. As per   Read more...