Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president
Cointelegraph By Turner Wright - 0
El Salvador President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its Bitcoin City project.In a Sunday notice, Bukele said there was a 90% probability of using the Conchagua volcano to supply 42 megawatts —...
Startup fundraising again sets records as public markets slash tech valuations – TechCrunch
Alex Wilhelm - 0
TechCrunch noted a week ago that private markets appeared strongly bullish on future startup value creation, while public markets were drifting lower, repricing possible exit values for today’s upstart companies. The was, it seemed, a rising gap between the level of bullishness in the private and public markets.
That...
By all appearances, we are in for a busy year in crypto regulation and policymaking.
By: Cointelegraph By Kirill Bryanov
cointelegraph.com
Kazakhstan-based crypto miners have been witnessing an unprecedented situation as they find themselves surrounded by uncertainty due to political forces.
The country’s fast-growing cryptocurrency mining industry was affected last week when it was trapped in a nationwide internet shutdown amid a deadly uprising that began with protests in the...
Startup accelerator Y Combinator announced this morning that it has updated its terms, providing participating companies with more total cash. The group will now invest $500,000 in batch startups.
The money comes in two different forms. The first is the well-known Y Combinator equity deal, worth $125,000 for 7%...
Bitfarms purchased more than $43M in Bitcoin to start the new year
Cointelegraph By Turner Wright - 0
Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million.In a Monday announcement, Bitfarms said it purchased 1,000 Bitcoin (BTC) for $43.2 million in the first week of January, roughly the same amount the...
Japanese tech giant Panasonic has confirmed that hackers accessed personal information belonging to job candidates and interns during a November cyberattack.
At the time of the data breach, which the company first confirmed on November 26, the company was unable to say whether hackers had accessed any sensitive information....
In this week’s show, Cointelegraph resident experts decide which layer-one protocol is more likely to rise above the rest in 2022. Join Cointelegraph host and analyst Benton Yaun alongside market analysts Jordan Finneseth and Sam Bourgi as they pick their favored layer-one protocols for 2022. Will it be Velas...