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” Marathon Digital experiments with overclocking to increase competitive advantage “ One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry. Overclocking is the practice of increasing the clock speed…
House Speaker vote: McCarthy, Roy reach tentative deal on Day 4 of stalemate Rep. Kevin McCarthy (R-Calif.) said on a GOP conference call Thursday morning he has made progress on negotiations with Rep. Chip Roy (R-Texas) and others who have not been supporting him for Speaker. But the tentative deal is not finalized with all…
Jobs report shows signs of a cooling economy — as well as its resiliency The final jobs report of 2022 showed U.S. employment growth slowing under the weight of higher interest rates and stubborn inflation, but not enough to derail a historically strong labor market. The U.S. added 223,000 jobs in December and brought the…
Democrats worry over potential of retirements in Senate Senate Democrats’ hopes of keeping their majority after the next election is complicated by a potential wave of retirements in key battleground and Republican-leaning states. Sen. Debbie Stabenow (Mich.), a member of the Democratic leadership, announced on Thursday that she won’t run again, and all eyes are…
” Quantum computers may soon breach blockchain cryptography: Report “ According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm present in blockchains and other security protocols. RSA is a cryptographic technique that utilizes a public key to encrypt information and a…
” Redeeming physical NFTs: Easier said than done? “ Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs. For example,…
” LG Electronics’ latest partnership seeks to bring interoperable metaverse platforms to TVs “ South Korean tech giant LG Electronics announced that it has teamed up with Oorbit, a cloud-based technology platform and PIXELYNX, a company building an integrated music, gaming, and Web3 ecosystem, to bring the metaverse directly into the living rooms of viewers….
” Cake DeFi publishes Merkle tree-based Proof of Reserves “ Singapore-based decentralized finance (DeFi) services firm, Cake DeFi, has announced the release of its Proof of Reserves using the cryptographically-audited Merkle tree method. Developed by Ralph Merkle in 1979, the Merkle tree method is a way of proving that a certain piece of data is…
” How time-weighted average price can reduce the market impact of large trades “ Time-weighted average price is an algorithmic trade execution strategy commonly used in traditional finance tools. The goal of the strategy is to produce an average execution price that is relatively close to the time-weighted average price (TWAP) for the period that…
Trump calls for all Republicans to back McCarthy for Speaker Former President Trump called on House Republicans to unite behind House GOP leader Kevin McCarthy (Calif.) for the Speakership, announcing early Wednesday that he is standing by McCarthy despite opposition from some hardline members of the party. Trump said in a Truth Social post that…