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Crypto mining rig maker Canaan delivered 2,000 Avalon mining rigs to Kazakhstan, according to a press release shared with CryptoX on Monday.The Chinese rig manufacturer announced in June that it would be diversifying its mining business in Kazakhstan, in the wake of China’s crackdown on the industry.Following the delivery, Canaan’s
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Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world. He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference.His first film, Blockchain
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Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as
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Founded in 2013, Bitmain was one of the earliest manufacturing companies to make an application-specific integrated circuit (ASIC), which is a powerful, specialized machine for bitcoin mining. ASICs have enabled miners to scale up their mining operations and increased mining difficulty exponentially. Original Source
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Despite the price decline for Bitcoin (BTC) in Q2 2021, mining hardware maker Canaan has recorded significant business gains during the period.According to Canaan’s unaudited Q2 financials published on Tuesday, the company recorded over $1 billion Chinese renminbi (about $167.5 million) in total net revenue for Q2. This figure marks
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In its first appearance in the market after raising $3.8 billion in its IPO, the shares of Krafton, Tencent-backed South Korean company behind blockbuster video game PlayerUnknown’s Battlegrounds (PUBG), dropped by as much as 20 percent. It later was trading at 13.5 percent lower at 10:48 a.m. in Seoul, thereby
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Balancer, a leading automated market maker, has launched version 2 of its protocol, promising faster speed, lower costs and improved liquidity. In addition to revamping the user interface, Balancer’s backend will provide more efficient routing for trades through “Protocol Vault.” The platform claims that this upgrade will reduce gas costs and
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DOGE is set to make its pop culture debut. As a weeklong pump carries the meme cryptocurrency up 12% on the daily to $.33 and a staggering 43.8% higher on a 7-day basis, some are now speculating the rally could be fueled perhaps in part by a social media tease from
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While Uniswap has been claiming to bring “range orders” as a completely innovative concept, the fact is that it significantly overlaps with HipoSwap’s “Market Pool” feature launched six months back in September 2020.Last week, the Ethereum-based decentralized exchange (DEX) Uniswap announced its much-awaited Version 3 upgrade timeline. Version 3 will
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NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors.According to a report by Business Insider on Tuesday, past and present NBA stars like Michael Jordan, Alex Caruso, and Kevin Durant participated in the funding round. Other investors included The Chernin Group and
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