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author

Article by Steve Kaaru

Kentucky regulator cancels planned power subsidies for Chinese BTC miner
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6 September, 2023

Kentucky regulator cancels planned power subsidies for Chinese BTC miner

Ebon International was to invest $50 million in a 250MW mining facility under the promise that the Kentucky Power Company...
Proof of work is the most secure consensus model: Greg Ward on CoinGeek Backstage
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5 September, 2023

Proof of work is the most secure consensus model: Greg Ward on CoinGeek Backstage

Greg Ward says that BTC’s inability to scale has given proof of work a bad name, but BSV blockchain has...
Nigeria on the hunt for top researchers for its AI strategy
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3 September, 2023

Nigeria on the hunt for top researchers for its AI strategy

The country is executing an AI strategy and wants top researchers of Nigerian descent to contribute, according to Nigerian Communications...
BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
74% of consumers don’t trust enterprises to use AI ethically: survey
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1 September, 2023

74% of consumers don’t trust enterprises to use AI ethically: survey

The Salesforce survey shows that 75% of consumers don’t trust companies will use AI ethically, with 90% saying companies should...
nChain’s Liuxuan Pan talks deploying CBDCs on Bitcoin network on CoinGeek Backstage
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31 August, 2023

nChain’s Liuxuan Pan talks deploying CBDCs on Bitcoin network on CoinGeek Backstage

Central banks can build their CBDC systems on top of the Bitcoin blockchain like an overlay network, leveraging Bitcoin’s scalability,...
Laos cuts off power supply to BTC miners
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31 August, 2023

Laos cuts off power supply to BTC miners

The country’s grid operator says a severe drought in the first six months led to the crackdown, with an insider...
Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token
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31 August, 2023

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token

A digital currency exchange gets hacked. The owners launch their own token. They repay the affected users with this new...
nChain’s exciting new product will change the world: Julian Goddard
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30 August, 2023

nChain’s exciting new product will change the world: Julian Goddard

Julian Goddard, a technical product lead at nChain, says the company is building a new product that will change how...
Angola wants to ban BTC mining
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30 August, 2023

Angola wants to ban BTC mining

The Angolan government says the ban is to protect the national grid as BTC mining is energy-intensive, but stakeholders say...
Impact Theory charged over $30M ICO in SEC’s first-ever NFT securities lawsuit
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29 August, 2023

Impact Theory charged over $30M ICO in SEC’s first-ever NFT securities lawsuit

The NFTs that the Los Angeles-based entertainment firm sold in 2021 were securities as the investors expected profits from the...
Google expands ad transparency as EU’s Digital Services Act kicks in
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29 August, 2023

Google expands ad transparency as EU’s Digital Services Act kicks in

Google says that it already complies with the new law, but it is still expanding its ad transparency and access...

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