Europe

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months

A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months. The European Enterprise Blockchain start-up ecosystem is mainly composed of early-stage …

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Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken

Switzerland’s InCore Bank AG has become the first financial institution in the country to offer banking services to Kraken clients. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital …

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80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told … read more. …

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Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing …

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Blockchain Battery Grids Are Powering Up at Lightning Speed

Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Ecologic technology news outlet, Green Tech Media, reported on May 29 that three major European Union’s electricity transmission system operators, or TSOs, joined Equigy’s platform. More precisely, TSO with operations in Germany and the Netherlands …

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EU Supercomputers Hijacked From COVID-19 Research to Mine Cryptocurrency

European supercomputers programmed to search for a vaccine for the deadly coronavirus (COVID-19) were remotely hijacked last week for the purpose of mining cryptocurrency. According to a report by ZDNet, multiple supercomputers across the EU were compromised by a string of malware attacks that required a shut down after it was discovered they were being …

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Supercomputers across Europe have fallen to cryptomining hacks

Sponsored Links gorodenkoff via Getty Images Cryptomining hacks aren’t new by any stretch, but a string of recent incidents is raising eyebrows. ZDNet reports that culprits infected multiple European supercomputers with Monero mining malware in the past week, including the University of Edinburgh’s ARCHER, five of bwHPC’s computer clusters and most recently a cluster at …

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Europe’s Top Miners Share Local Industry Insights

A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared to China and Russia are offset by political stability, robust regulation, and strong protections. The study also found that many miners based in Europe feel prepared for the Bitcoin (BTC) block reward …

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German Security Token Platform to Develop a Custody Solution

German security token offering (STO) platform Black Manta Capital Partners partnered with local digital asset custody firm Finoa to develop institutional security token custody. According to an announcement shared with Cointelegraph on May 4, the cooperation aims to develop a regulated security token custody solution explicitly aimed at institutional investors, high net worth individuals and …

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66% of Europeans Believe Crypto Will Still Be Around in 10 Years: Survey

Two-thirds of Europeans surveyed think cryptocurrency is here for the long haul, according to bitcoin exchange bitFlyer. Released Wednesday, the second annual Crypto-Confidence Index poll conducted by the European arm of the exchange, bitFlyer Europe, found 66% of respondents believe cryptocurrencies will continue to exist in 10 years’ time. The survey, conducted via Google Surveys, …

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