The value of the Ethereum (ETH) cryptocurrency surged by 8.6% in less than a day from July 21 to July 22, 2022. The second cryptocurrency was trading at $1638.96 as of 12:30 Moscow time. The market capitalization of the virtual currency is as close as possible to the vital mark of $200 billion, stopping at $199.39 billion....
The main page of The Tor Project was unblocked in the Russian Federation by a court decision. This was announced by the lawyer of "Roskomsvoboda" Ekaterina Abashina, representing the organization's interests during the proceedings. “Roskomnadzor, of course, indecently delayed the unblocking of the site, because the decision to block was canceled on May 19, and since then there was...
Meta has unveiled a new Facebook timeline that disables recommendation algorithms. The new Feeds tab displays posts from friends, groups, and pages the user follows. Meta also updated the Home page section, which is still generated by recommendation algorithms. Users can see content, including people and public groups to which they are not subscribed. Tabs will appear in the...
The current crypto winter is a first for the young DeFi sector. According to the genre's classics, decentralized application tokens suffered more than others due to the market fall. For the 2nd quarter of 2022, AAVE, UNI, CRV, and other DeFi cryptocurrencies fell by an average of 70%. In comparison, Bitcoin lost only 55% of its...
The main thing Etherscan is a block explorer and analytics platform for the Ethereum blockchain. The project was launched in 2015 by a development team from Malaysia. This is an independent organization that the Ethereum Foundation does not fund. The service is designed to navigate the public data of the network: it tracks transactions and displays the results,...
Bitcoin mining equipment and service provider Compass Mining has agreed with Compute North to provide 75 MW of power at the blockchain hosting provider's data center. Compass plans to deploy 25,000 ASIC miners at a facility in Granbury, Texas. The installation will begin in August and will take several months. Hardware includes the latest generation devices like Antminer...
Tech analyst and head of Factor LLC Peter Brandt criticized MicroStrategy CEO Michael Saylor, who called bitcoin an energy-backed digital commodity. “Provided with energy only in the sense that it is useless without its exorbitant consumption - and then without providing an economic function. It is a huge myth that somehow bitcoin is more than just a...
American blockchain hosting provider Core Scientific has signed an agreement with B. Riley Principal Capital II to sell shares worth $100 million over two years. According to a press release, Core Scientific has the right, but not the obligation, to issue these shares "subject to certain restrictions and conditions" and send B. Riley a notice of purchase. “Getting...
Cryptocurrency mining is an ongoing process. To generate a stable income, the farm must operate 24/7. But technology is not immune to failure. Downtime can occur due to prolonged exposure to high temperatures, overclocking, or software errors. To prevent risk, they use a watchdog timer for mining. In the event of a power outage, freezing, and crashing into a blue...
The reliability of blockchain technology is due to decentralized data storage, cryptographic encryption, and consensus algorithm. The complex interaction of these characteristics protects against external and internal threats. However, experts have found that some parts of the code can be changed in non-cryptographic ways (without cracking private keys). This compromises the data stored in the system. The...
