At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to the blockchain, with a goal of 76000 by 2022. Most of the recorded immunizations are COVID 19 vaccines, but the company stated that the…
press release PRESS RELEASE. Welnance, a DeFi protocol built on Binance Smart Chain, is set to launch the first Lao crypto and decentralized product on the 11th of November, 2021. Welnance is a decentralized financial platform that’s aimed at promoting financial freedom and choices for people around the world by offering fast, secure, reliable financial products and services to customers.…
Canadian Bitcoin mining company Bitfarms is planning to build its first data center in the United States following the purchase of a land plot in Washington State. In a Nov. 11 announcement, Bitfarms said it aimed to establish mining operations in the U.S. capable of 620 petahashes per second using 6,200 Bitmain rigs fully powered by hydroelectric energy. The firm…
There’s no denying it: support for bitcoin among publicly-listed companies is growing. As of June this year, more than 34 public companies collectively held over 213,000 bitcoin on their balance sheet, roughly equating to 1.14% of the asset’s circulating supply. From vehicle manufacturers (Tesla) and business intelligence firms (MicroStrategy) to crypto-native companies (Coinbase, Riot Blockchain, Inc) and fintech platforms (Square,…
Watch This Episode on YouTube Watch/Listen To This Episode: In this episode of Bitcoin Spaces Live, host Christian Keroles (@ck_snarks) is joined by Aaron Segal (@LudiMagistr) to discuss his article for Bitcoin Magazine titled “Bitcoin Information Theory: B.I.T.”. Aaron explains how entropy is closely related to money and how Bitcoin as information is ultimately a reduction of entropy. This is…
In brief Universal Music Group has formed Kingship, a virtual band based on Bored Ape Yacht Club NFT avatars owned by collector Jimmy j1mmy McNelis. Kingship will release music and perform in the metaverse, with plans to release its own NFT collectibles as well. Reimagining the virtual band playbook of Gorillaz with a crypto twist, major music label Universal Music…
In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed its goalset earlier this yearof holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million. During the quarter, Hut 8 generated 50.34 million Canadian dollars (CA$) in revenue and CA$23.37 million in net income,…
In brief Kazakhstan has become the second-most-popular country for Bitcoin mining. The country boasts cheap electricitybut not endless amounts of it. When China clamped down on Bitcoin mining earlier this year, over half of the Bitcoin’s network hashrate was forced into exile. Much of that moved to the U.S., as evidenced by a rash of hardware farms popping up in…
Im in it for the tech, is a phrase commonly used in the cryptocurrency ecosystem by many who want to express a deeper motivation for being involved with blockchain technology beyond the significant gains that are known to happen in the volatile asset class. One project that has quietly climbed the charts without the need to jump on the decentralized…
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital asset staking and advisory services going forward. Foundry Launches Staking Services The New York-based Foundry has been…
