Bitmain-affiliated mining pool AntPool has announced a $10 million investment in the Ethereum Classic (ETC) ecosystem. The price of the cryptocurrency reacted with growth. “Let's support the ETC ecosystem and incubate high-quality PoW projects together ,” AntPool commented. The company's CEO, Leon Lv, stated during the World Digital Mining Summit 2022 conference that it is planned to increase the volume of investments...
Human rights activists have appealed to the UK Information Commissioner's Office (ICO) with a demand to ban facial recognition of buyers in supermarkets in the south of England. Reuters writes about it. According to Big Brother Watch, southern Co-operative uses scanners in 35 stores in ten cities. The system creates a biometric profile of each visitor, which...
Crypto exchange KuCoin polled 3,608 Twitter and LinkedIn users about their attitudes towards Web3. A brief report is published on the KuCoin blog; the full version can be downloaded from Google Drive. 30% of respondents answered that they do not believe in the success of Web3. The rest of the participants can be divided into professionals and enthusiasts. The share of the former is...
British resident James Howells accidentally threw away a hard drive with 7,500 BTC in 2013 and used two Spot robots from Boston Dynamics to search. Business Insider writes about it. According to him, the devices are planned to be used to scan the ground and ensure security. They will be equipped with CCTV cameras to guard the...
Crypto lending platform Celsius Network has filed a petition to hire former CFO Rod Bolger as an advisor in the bankruptcy proceedings. The court will consider the company's request on August 8. Bolger left Celsius in June after a few months. He replaced Yaron Shalem, arrested in November 2021 in Israel, and the founder of Sirin Labs ICO startup Moshe...
As of July 5, 2022, there are 2 methods of mining cryptocurrencies - according to the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms. Mechanisms have many differences. However, the mining of digital assets by Proof-of-Stake is becoming more popular yearly. The efficiency of the consensus algorithm explains this fact. PoS mining is the extraction of digital assets by...
Analysts at Arcane Research predicted continued growth in the capitalization of USDC from Circle and a further drop in the market share of the current largest stablecoin, USDT, from Tether. The segment leader will be replaced in October, the company is sure. The researchers highlighted that USDT had enjoyed a first-mover advantage for a long time, being...
Vadim Shovkun, a practicing trader and founder of the Crypto Shaman project, talks about the current situation on the market. The price failed to consolidate above the mirror level of $21,100-$21,600. This range is resistant and quite strong. Data: Trading View. Currently, the price is testing the PoC of the entire range. A specific reaction may favor growth, but there are...
The price of bitcoin has pushed up from the $20,000 level. Long-term indicators suggest that more time may be needed to form a solid foundation. Glassnode analysts warned about this. The experts substantiated their opinion with the situation with the URPD indicator, which demonstrates the structure of realized price levels in the context of UTXO . The $20,000 mark has...
Cryptocurrency mining is a costly process. With the increasing complexity of top networks, mining costs have increased. In 2022, a home farm of 6 video cards will cost 300-500 thousand rubles. Therefore, developers began to think about more economical ways to mine digital coins. Mining on RAM is considered an alternative solution. In 2022, there is not yet a...
