Mining $1 Equivalent in Bitcoin (BTC) Costs More Than Extracting The $1 Equivalent In Gold
In a study published in Nature Magazine, the researchers calculated that mining the equivalent of $1 in Bitcoin (BTC) consumes more resources and costs more than extracting $1 in gold, by about three times more. The scientists stressed…
Cryptojacking: Canadian University Forced To Shut Down Its Networks Due To A Crypto Mining Malware
The computer systems of the University of St. Francis Xavier, located in Nova Scotia, Canada, were infected with a crypto mining malware that has forced the disconnection of the entire internal network. This type of cyberattack is known…
BitFury, Crypto Mining Company, Accomplished An $80 Billion Funding Phase
The blockchain solutions group, BitFury, a crypto mining company, announced Tuesday that it had closed an $80 million round of private financing with global investment firms, such as Macquarie Capital, Asian financier Dentsu, European companies Armat Group and…
Stellar (XLM) Airdrop In A Value Of About $125 Million To Commence For Blockchain Wallet Users
The Stellar Development Foundation (SDF) in association with the startup Blockchain started the first airdrop distribution of Stellar (XLM) for the Blockchain wallet users. Through this airdrop, the foundation plans to distribute the equivalent of $125 million in…
Winklevoss Brothers, Owners of Gemini Crypto Exchange, Sued Charlie Shrem For 5,000 Bitcoin (BTC)
Brothers Tyler and Cameron Winklevoss, founders of the Gemini cryptocurrency exchange, filed a lawsuit against Charlie Shrem, one of the first Bitcoin (BTC) investors and a former financial advisor to the twins in 2012, for 5,000 BTC that…
The SEC Would Publish A Guide To Help Crypto Startups Understand Cryptocurrencies Classification
The director of Corporate Finance of the US Securities and Exchange Commission (SEC), William Hinman, announced the intention of the Commission to publish a guide on the classification of cryptocurrencies to facilitate the work of entrepreneurs to identify…