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“# Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network ” The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together to mount an attack on the network. Total world production and…
“# Darknet market link provider claims its Bitcoin donors’ accounts were frozen ” The administrator of dark.fail, a website providing verified links to darknet markets, claims that exchanges are unfairly closing accounts donating Bitcoin to the service after implementing a Chainalysis transaction flagging system. The admin alleged in a tweet that two donors of Bitcoin…
“# IDEO CoLab Ventures files with SEC for new $100M crypto fund ” IDEO, an American design and innovation consultancy firm, has filed for a new cryptocurrency fund through its blockchain-oriented venture capital subsidiary. IDEO CoLab Ventures, an early stage investment fund focused on blockchain development, has applied Tuesday for a new crypto fund with…
“# Yearn.Finance puts expanded treasury to use by repaying victims of $11M hack ” Major decentralized finance protocol Yearn.Finance (YFI) has restored its yDAI vault in the aftermath of a $11 million exploit by hackers. Yearn announced Tuesday that they opened a Maker vault with YFI tokens from the treasury and minted 9.7 million DAI…
“# Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy ” The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the branding change signals a strategic change…
“# Rhode Island introduces ‘vital’ blockchain growth act ” A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators. Dubbed the Rhode Island Economic Growth Blockchain Act, the bill was introduced on Feb. 8 by Republican House representatives David Place…
“# Binance quietly drops ‘multi-million’ Forbes defamation lawsuit ” The world’s largest cryptocurrency exchange, Binance, has dropped its defamation lawsuit against news publication Forbes and two of its journalists, according to official court documents. Binance Holdings filed a lawsuit against Forbes, along with journalists Michael Del Castillo and Jason Brett in November, following an article…
“# Solana announces DeFi hackathon offering $200k in seed funding ” Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation. The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will…
“# Binance Labs backs Polkadot ecosystem with $2.4m investment in Plasm Network ” Binance Labs has led a $2.4 million Series A funding round for Polkadot-based smart contract platform, Plasm Network. Plasm Network’s funding round is the first investment made using Binance Labs’ $10 million fund to support projects in the Polkadot ecosystem. Plasm is…
“# Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether ” Chinese cryptocurrency miners are reportedly buying Nvidia’s new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs. Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China as a tool for mining cryptocurrency, according to several sources. On…