• chipmaker chokes off crypto miners
    Cryptocurrencies,  Technology

    Top chipmaker chokes off crypto miners

    Taiwan’s TSMC is limiting the number of chips it will supply to mining hardware producers because of extreme swings in demand

    Bitmain was reportedly one of TSMC’s main customers two years ago, but then cut its orders significantly when the crypto bear market started. Now, TSMC is met with high demand for silicon to be used in cryptocurrency mining operations again, due to the ongoing crypto asset bull market. Still, the silicon manufacturer is said to be prioritizing stable demand from smartphone makers over crypto mining hardware manufacturers.

  • EDF Hedera carbon neutral
    Cryptocurrencies,  Technology

    Seeking carbon neutrality, French utility giant EDF turns to Hedera

    The power company plans to use the Hedera Hashgraph blockchain to deploy a tokenized carbon offset and credit system, joining its governing council as a network node operator

    EDF, the second largest power company worldwide, plans to use Hedera’s blockchain network in an attempt to achieve carbon neutrality by 2050. Gilles Deleuze, principal researcher for systems risk assessment at the firm’s research and development department, said that the network will be used to develop greenhouse gas certificates and decentralized electricity systems

  • Bison Trails supports cosmos
    Alt coins,  Technology

    Bison Trails now supports Cosmos

    Customers will be able to quickly launch Cosmos full nodes, making it easier to participate in the ecosystem’s interoperable Tendermint-based blockchains

    The Cosmos (ATOM) ecosystem is made up of a number of Tendermint-based blockchains, including Agoric, and Band Protocol, Binance Chain, Kava, Terra, and Thorchain. Bison Trails will offer its customers the ability to use its infrastructure to stake and delegate their tokens and earn passive income from transaction fees and validator rewards on their holdings while securing the decentralized network.

  • Bitfinex launches crypto payments platform
    Bitcoin,  Ethereum,  Technology,  Tether

    Aiming at PayPal, Bitfinex launches crypto payments platform

    Saying that it intends to take on payments “behemoths” the new Bitfinex Pay app lets merchants accept payments in four cryptocurrencies

    No one ever accused Bitfinex of having small ambitions. Just days after it settled a years-long fraud lawsuit with New York’s attorney general over a loan it got from sister company and stablecoin issuer Tether, Bitfinex has launched a crypto-powered online-payments platform to take on payments giants like PayPal.