Major Bitcoin Mining CEO Explains How Proof of Work Supports the Grid

Peter Wall – CEO of the publicly traded miner Argo Blockchain – recently broke down how Bitcoin mining is supporting the Texas power grid. He argued that miners are a form of “flexible load” that can give their power back to the grid when it’s put under stress. In an interview with Yahoo Finance, the CEO explained why Argo suspended its operation in Texas on Monday. The firm was responding to a call from the Electric Reliability Council of Texas…

Russia’s Central Bank Prefers a Digital Ruble Over Private Stablecoins

A representative of Russia’s Central Bank recently denounced private stablecoins in favor of a possible digital ruble. He claimed that the former is unsafe because its owners do not control the assets backing their value. CBDC VS Stablecoins As reported by local media on Monday, the unnamed representative argued that stablecoins are not in fact “stable” in value. Stablecoins are cryptocurrencies that attempt to circumvent industry volatility by pegging their value to relatively stable, real-world assets. They typically rely on…

Banks in Sri Lanka Sustain Crypto Ban Despite Worsening Economy

The Central Bank of Sri Lanka says crypto poses too much legal and financial security risk.   In a public release this Tuesday, the Central Bank of Sri Lanka (CBSL) has once more retained its anti-crypto stand. It publicly warned Sri Lankans that the government does not consider digital currencies a viable investment option. The release stated that the central bank has no regulations to protect crypto investors in place. Furthermore, the government had not authorized any exchanges to operate…

TrustPad – A Platform with a Multi-Chain IDO Crypto Launchpad at Its Core

TrustPad is a unique blockchain platform that offers a multi-chain IDO crypto launchpad. This innovative platform allows startups and businesses to issue tokens and conduct crowdsales securely and efficiently.  TrustPad also provides users with a wide range of features that make it easy to create and manage token sales. If you wish to discover how TrustPad works, our review has all the essential details you need. What Is TrustPad? TrustPad is a crypto launchpad that allows you to easily and…

Uniswap Loses Over $4.7M in Scam Token Phishing Exploit

A bad actor has managed to pull off a phishing attack on a major liquidity provider for the Uniswap v3 protocol. The campaign saw the hacker(s) loot a minimum of $4.7 million worth of Ether from the platform. According to internal reports, the total amount of stolen tokens could be even more. Alarms Go Off on Twitter Binance CEO Changpeng Zhao had earlier posted regarding the attack after the exchange company’s threat intel spotted suspicious movement. CZ shared a tweet…

PinkSale Finance – A Crypto Launchpad for New Trending Projects

Crypto Launchpads are essential tools for blockchain projects that want to get off the ground quickly and with minimum hassle. They provide a space where teams can create and manage their project, as well as receive support from the community. PinkSale Finance is a crypto launchpad that lets users buy and sell digital assets simply and conveniently. The platform offers many features that make it an ideal choice for those looking to invest in the crypto market.  What Is PinkSale…

BlockFi CEO Demands Not to be Compared to Celsius and Voyager

Zac Prince – CEO of crypto lending platform BlockFi – wants people to stop comparing his company to other embattled crypto firms. He claims there is a qualitative distinction between the magnitude of BlockFi’s troubles compared to Celsius or Voyager’s. In a tweet on Monday, Prince called on journalists and commentators to quit “putting BlockFi in the same bucket” as Celsius or Voyager. "Two months ago we looked the ‘same’,” he said. “They shut down and have impending losses for…

Hacken.io – A Crypto Security Solution Using Ethical Hacking in Blockchain

Like most people, you probably think of hacking as a bad thing. But what if we told you there's another side to hacking that could help your business? Hacken.io is a company that specializes in helping businesses protect their data and networks from hackers. They provide various services, including penetration testing, vulnerability assessment, and more. So what can Hacken.io do for your business? Check out this blog post to find out! What Is Hacken.io? Hacken.io labels itself the first-ever wholly…

PeckShield – An Initiative Bringing Security Services to the Blockchain Economy

PeckShield is a blockchain security initiative that offers a suite of security services for the blockchain economy. The platform aims to bring security best practices and tools to the industry.  This team comprises security experts with experience in both traditional and blockchain security. PeckShield offers various services, including threat intelligence, incident response, and auditing.  The project also provides a platform for developers to build secure applications on top of the blockchain. The founders explain that they are committed to helping…

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