Urban, Author at 2100 NEWS

New York Firm Gives Aging Hydroelectric Dam New Life as Bitcoin Mining Farm

August 28, 2018 0 0

DPW Holdings Inc. will use power generated by the Valatie Falls, New York hydroelectric dam for a bitcoin mining farm that is expected to become operational in the fourth quarter. Valatie Falls Hydro LLC bought the 1-megawatt dam in March 2018 using debt financing from Digital Power Lending, a DPW subsidiary. DPW’s Super Crypto Mining […]

‘BankSign’: Samsung Launches Blockchain Certification Platform for Korea’s Banks

August 28, 2018 0 0

Samsung, under its IT arm Samsung SDS Co., has unveiled its blockchain based platform, BankSign, to allow people to make transactions at different banks more easily. The Korea Federation of Banks (KFB) launched BankSign in June as a way to allow domestic retail banks to strengthen their verification systems by digitizing both mobile and online banking. The platform […]

Brazilian Crypto Investment Platform Atlas Hacked, Data Of 264,000 Users Leaked

August 28, 2018 0 0

Atlas, a popular Brazilian cryptocurrency investment platform, has been hacked. Although the company claims users’ funds are safe, the personal information of over 264,000 of its customers has been leaked. The security breach was first reported by the Investimentos Digitais (Digital Investments) YouTube channel. In total, there are 14,500 records of leaked data that detail users’ balances […]

China’s Crackdown Leads to WeChat, AliPay Blocking Crypto Transactions

August 27, 2018 0 0

In support of the Chinese government’s tightening clampdowns on local crypto-industry, a mobile payment giant has decided to bar virtual currency transactions on its platform. WeChat Pay on Friday issued a statement stating that they would prohibit users from sending or receiving funds related to cryptocurrencies on its social media platform. The Tencent-backed firm cleared […]

India’s Central Bank Quietly Forms New Cryptocurrency, Blockchain Research Unit

August 27, 2018 0 0

The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI). Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through draft rules in the future, […]

Analyzing 1200 ICOs and 100 Factors: 4 Crucial Aspects That Influence ICO Fundraising

August 27, 2018 0 0

Social media intelligence firm Singularex has revealed insights into the initial coin offering (ICO) market by researching 100 factors that have been influencing 1200 ICOs from 2015 to Q1 2018. The firm narrowed down on four crucial aspects that influence the number of funds raised and lots of surprising dependences that any ICO investor and issuer will […]

Interview: Zillaqa CEO Xinshu Dong Talks Blockchain Scaling

August 26, 2018 0 0

Last week, I was able to interview Zillaqa CEO, Xinshu Dong. As of the writing of this article, Zilliqa (ZIL) is sitting at #32 on CoinMarketCap with a market capitalization of just over $270 million. The currency peaked at over $1.6 billion in May of 2017. The coin’s meteoric rise occurred as bitcoin was hovering around the $8,000 level and it has historically performed […]

Architect Launches Bitcoin Hostel Near Rio De Janeiro in Brazil

August 26, 2018 0 0

Alessandro Santos, a Brazilian architect, engineer, and self-described bitcoin aficionado, has recently inaugurated a cryptocurrency-themed hostel in Paraty, a city located about 260 kilometers (161.5 miles) away from São Paulo, Brazil. The hostel, appropriately named Hostel Bitcoin, launched on August 16, and was immediately booked for its inauguration day. According to local news outlet Portal do Bitcoin, […]

Interview: Bitcoin Venezuela on Why the Petro Cryptocurrency Isn’t Even ‘Backed by Trust’

August 26, 2018 0 0

Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.” Brito also sees a use case for bitcoin in countries like Turkey and […]

America’s Oldest Central Bank, Bitcoin Startup Partner to Explore Digital Currency

August 25, 2018 0 0

The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao and Sint Maarten island nations. Per the chief executive of Bitt, Rawdon Adams, a digital currency will be especially relevant to the two countries, which are both constituent […]