Blockchain Tech

CBI and Zumo team up for sustainable digital Asset innovation

Homepage > News > Tech > CBI partners with Zumo to advance innovation in sustainability of digital assets Dubai, UAE & London – Thursday 31 October 2024: Commercial Bank International (CBI), a leading UAE bank, has announced the signing of a Memorandum of Understanding (MOU) with Zumo, an award-winning digital-assets-as-a-service platform registered with the UK Financial Conduct Authority (FCA). The …

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iThink Hackathon empowers Filipinos at PH Startup Week 2024

Homepage > News > Tech > iThink Hackathon launched to enable Filipino talents to develop digital solutions at Philippine Startup Week 2024 12 November 2024, Manila, Philippines — With a mission to harness Filipino entrepreneurship and tech innovation to fuel collaborative advancement, ISLA Camp (ICP Hub Philippines) has launched the sixth edition of the iThink Hackathon as a flagship event …

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Swiss council opposes capital Bern’s motion to study BTC mining

Homepage > News > Tech > Swiss council opposes capital Bern’s motion to study BTC mining Lawmakers in the Swiss capital of Bern have voted in favor of a directive to study BTC block reward mining with the city’s surplus energy despite the governing council’s opposition. The city’s Bitcoin Parliamentary Group introduced the motion earlier this year, and after over seven months of …

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Blockchain is key to cybersecurity resilience

Homepage > News > Tech > Palo Alto Networks breach: Blockchain key to cybersecurity resilience In late November, reports broke that Palo Alto Networks (NASDAQ: PANW), one of the world’s leading cybersecurity firms, had been hacked. The Silicon Valley security firm serves over 70,000 customers worldwide and specializes in advanced firewalls and cloud-based security solutions. Within days of the reports, …

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Compass Mining breaks ground on new mining facility in Iowa

Homepage > News > Tech > Compass Mining breaks ground on new mining facility in Iowa In a year when several BTC block reward miners are transitioning to AI as profitability dips, Compass Mining has expanded across the United States with its latest project—a new 30-megawatt mining facility in Iowa. Compass announced that it had acquired a five-acre property and …

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BTC miner DMG Blockchain expands after $16M fundraising

Homepage > News > Tech > BTC miner DMG Blockchain expands after $16M fundraising DMG Blockchain (NASDAQ: DMGGF), a Canadian BTC block reward miner, has announced the expansion of its operations following a fundraising campaign that netted the company $16 million. DMG, which has a dual listing on the Toronto Stock Exchange and the Frankfurt Stock Exchange, channeled $5 million …

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Russia proposes winter BTC mining ban until 2031

Homepage > News > Tech > Russia proposes winter BTC mining ban until 2031 Russia will prohibit block reward mining during the winter season each year until 2031 to address electricity shortages in over a dozen regions if new proposals from a government commission are implemented. The commission, led by Deputy Prime Minister Alexander Novak, was set up to find …

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AMD powers El Capitan; Google tackles quantum errors

Homepage > News > Tech > AMD powers El Capitan; Google tackles quantum errors El Capitan, a supercomputer powered by AMD (NASDAQ: AMD) chips, has become the world’s fastest supercomputer. While it’s over 5 million times faster than a typical home computer, its developers say it poses no threat to the cryptography techniques that underpin blockchain technology. El Capitan was developed by …

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Microsoft to ship world’s most advanced quantum computer in 2025 – CoinGeek

Homepage > News > Tech > Microsoft to ship world’s most advanced quantum computer in 2025 Microsoft (NASDAQ: MSFT) has announced a breakthrough in quantum computing that could slash the expected timeframe for mainstream usage of these powerful computers from decades to months.  The Redmond-based tech giant recently revealed that it achieved the largest logical entangled state across all hardware architectures, with 24 logical qubits produced from 80 physical qubits. For context, researchers previously believed it would take thousands …

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