Studies show that digitally mining Bitcoin requires more energy than physically mining actual gold. More energy per US dollar was expended mining cryptocurrencies than was generated mining metals from the earth over the last two...
Binance CEO Forecasts Bitcoin Bull Run
Bitcoin and crypto investors have been holding out hope for the better part of 2018 that bitcoin prices will bounce back to upwards of $10,000 once again. Price predictions have been all over the place,...
Canadian Crypto Exchange QuadrigaCX Says It Can't Repay $190 Million To Customers After Founder Dies With The Only Password
QuadrigaCX, Canadian crypto exchange says that it cannot pay back the client-holding worth $190 million and thus asks for creditor protection as their founder and the only person having access to the password...
BitGrail CEO Forced To Repay $170M In ‘lost’ Cryptocurrency Case By Italian Court
Francesco Firano (aka The Bomber), the founder of shady cryptocurrency exchange BitGrail has been reportedly ordered to repay the $170 million worth of cryptocurrency that went “missing” last year by an Italian judge.
“Cryptocurrency isn’t Real Money” According to This Google Ad
Google's recently launched commercial ad promoting their new Call Screen pokes fun at energy-intensive cryptocurrency mining. The dialogue in the commercial between two characters centers around high energy bills related to the famed process. The...
Amazon Unveils Two New Blockchain Products
Despite the cryptocurrency market crash, Amazon has announced two new blockchain products at the re:Invent conference in Las Vegas this Wednesday (Nov. 28). The ecommerce Goliath will be offering Amazon Quantum Ledger Database and Amazon...
Riyadh Municipality Chooses IBM For Blockchain Integration In The Region
Saudi Arabia’s Riyadh Municipality recently declared that it is going to forge ties with IBM to work on a strategic plan about how to integrate blockchain technology in the region. This will be carried out...
U.S. Investor Sues AT&T After Loss Of $224 Million Of Digital Tokens
Recently the U.S. renowned businessperson and cryptocurrency venture capitalist Michael Terpin served a $224 million impeachment on Wednesday. Michael filed a lawsuit against the renowned AT&T, the company providing services in telecommunications around the U.S....
Chinese Internet Search Giant Baidu Launches Its Blockchain Based Photo Sharing Platform “Totem”
In order to incentivize and attract more users Chinese internet search engine giant ‘Baidu’ has recently launched a proprietary token for a whole new blockchain-based photo sharing and validating service. The search engine giant Baidu in...
ABN AMRO is joining forces with Samsung's logistics and IT team to start a trial run for a new container logistics program based out the Port of Rotterdam. The pilot aims to deploy blockchain technology...