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“#Emergency program to give people $50 off internet bill” Americans can begin applying for $50 off their monthly internet bill on Wednesday as part of an emergency government program to keep people connected during the pandemic. The $3.2 billion program is part of the $900 billion December pandemic-relief package. The government is increasing spending on broadband as…
“# Bitcoin car will race at the Indianapolis 500 ” A car and driver branded with the Bitcoin logo will be racing in circles against 32 others in this month’s Indianapolis 500. According to a blog post from Zap CEO Jack Mallers, U.S. racing driver Ed Carpenter will be in control of the “orange-spotted, Bitcoin-covered,…
“# When dollars meet the hype: The biggest NFT hits from celebrities ” Nonfungible tokens have quickly become a mainstream phenomenon, and a number of celebrities and entertainment and sporting icons are driving their popularity. The question is: Which NFT has had the most influence on this up-and-coming sector? There is no denying that NFTs…
“# Ether breaks $500 billion market cap for first time ” Ether (ETH), the second most-valued cryptocurrency after Bitcoin (BTC), has hit a major milestone amid the ongoing price rally. On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether’s market capitalization briefly surpassed $500…
“#Voyager 1 detects ‘hum’ while in interstellar space” Voyager 1, which is the farthest human-made object from Earth and the first to enter interstellar space, has been detecting a “faint, persistent hum” that scientists have attributed to interstellar gas. Phys.org, citing research published in Nature Astronomy, reported that the spacecraft’s Plasma Wave System has picked up a “persistent…
“# Chia network not so green? CPU mining reportedly destroys SSD in weeks ” Chia Network, which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin, Ethereum and others, Chia Network mines coins using an alternative…
“# DeFi hacks on Binance Smart Chain rise as TVL and volumes increase ” Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance Coin (BNB). In its brief…
“# Alipay set to allow users test China’s digital yuan ” Alipay, the mobile payment platform owned by Ant Group, is set to allow some of its users to participate in the emerging digital yuan commerce ecosystem. According to a report by China Securities Journal on Monday, this new feature is a result of MYbank’s…
“# Dogecoin an ‘invaluable fad‘ that will help the cryptocurrency space, says exec ” The rapid emergence of Dogecoin (DOGE) as the fourth-largest cryptocurrency by market capitalization has led some to perceive the meme coin as a mere fad — something very much here today, but doomed to be gone by tomorrow. But in the…
“# Rari Capital allocates $26M from developer fund to compensate hack victims ” Following a $10 million exploit over the weekend, decentralized finance protocol Rari Capital is formulating a plan to compensate victims. According to an official postmortem of the attack published May 9, the platform lost 2,600 ETH equal to 60% of all users’…