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Singaporean Man Stole Identities and Cloud Computing Power to Mine Cryptocurrencies

The US Justice Department has indicted a Singaporean man for impersonating various business personalities, faking the identity of video game developers and exploiting Google Cloud and Amazon Web Services (AWS) in order to mine cryptocurrencies including Bitcoin(BTC)trade, Litecoin (LTC)trade and Ethereum (ETH)trade.It is not the first time that crypto fraudsters

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US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power

The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining.According to the indictment initially filed on Oct. 1, Ho Jun Jia was charged with eight counts of wire fraud, four counts of

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Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT

Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas.Energy monetization for outlying settlementsAccording to a blog post on Sept. 9, Power Ledger has launched pilots outside of a metropolitan area in Western Australia, intending to help outlying commercial

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Blockchain Energy Startup Power Ledger Extends P2P Power Trading Trial

Energy-focused blockchain startup Power Ledger has extended its peer-to-peer (P2P) energy trading trial into its next phase in the Australian city of Fremantle.In a press release shared with Cointelegraph on Aug. 21, Power Ledger revealed the continuation of its p2p solar power trading trial aimed at tracking rooftop solar

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Power Ledger and KEPCO Complete Blockchain Energy Trade Trial in Japan

Australian energy technology company Power Ledger and Japanese Kansai Electric Power Co. (KEPCO) have completed a joint trial of a blockchain-based system for post-FIT (feed-in tariff) surplus power in Osaka.P2P transaction of surplus powerIn an announcement published on Aug. 12, Power Ledger revealed the test completion of a peer-to-peer

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Is US Environmental Tax Policy Hindering Solar Power to Fuel Digital Technologies?

Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal of the technological/infrastructure,

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