The construction of the data center, which will focus on bitcoin mining and other energy-intensive applications, will start in the first quarter of 2022.Dec 21, 2021 at 11:00 p.m. UTCUpdated Dec 21, 2021 at 11:02 p.m. UTCCrypto mining machines (Christinne Muschi/Bloomberg via Getty Images) Source link … [Read more...] about Power Management Firm Lancium Signs $2.4B Data Center Development Deal
Development
Gear Technologies Raises $12M to Boost Smart-Contract Development on Polkadot
Polkadot on its own doesn’t allow contract development as it’s not an application platform but more of a kind of meta-protocol, said Gear Technologies founder Nikolay Volf, who was previously a core developer at Parity working closely with Wood over a six-year period. Source link … [Read more...] about Gear Technologies Raises $12M to Boost Smart-Contract Development on Polkadot
Goldman Sachs Says Blockchain Is Key to Metaverse and Web 3 Development
Blockchain technology is central to the development of the metaverse and Web 3, Goldman Sachs said in a research report.It is the only technology that can “uniquely identify any virtual object independent of a central authority,” and this ability to identify and track ownership will be crucial to the functioning of the metaverse, analysts led by Rod Hall wrote in a note … [Read more...] about Goldman Sachs Says Blockchain Is Key to Metaverse and Web 3 Development
Solana on-chain development increases after a recent DDoS attack
Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack.As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The number of daily GitHub … [Read more...] about Solana on-chain development increases after a recent DDoS attack
Structure Raises $20M to Fund Development of Mobile App
Launched earlier this year, Structure aims to make decentralized finance (DeFi) and crypto investments more mainstream through an easy-to-use, mobile-first platform. Clients will be able to make zero-commission investments in tokenized stocks and exchange-traded funds (ETFs), options and cryptocurrencies, the company said in a statement. They will also be able to trade between … [Read more...] about Structure Raises $20M to Fund Development of Mobile App