Blockchain-as-a-Service (BaaS) platform Data Gumbo has raised $4 million in its Series B funding round led by new investor venture capital company L37, with return investments from Equinor Ventures, the venture subsidiary of Equinor, and Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco.
Cryptocurrency mining has evolved significantly throughout the years, from what was once a unique hobby to what is now a much more profitable practice. There has been an increase in
commercial mining rigs over the past few years, with over 100,000 people contributing to
crypto mining on a global scale.
Tech company MineHub is collaborating with tech giant IBM to deliver a global mining and metals supply chain solution using blockchain technology.
Based in Vancouver, MineHub is leveraging innovative technologies, including blockchain, to develop a new generation of cost-saving applications for the mining and metals industry.
Apple has updated its developer guidelines to ban mining cryptocurrencies. The move continues the company’s reluctance to support the cryptocurrency industry, which may take users away from Apple’s own Apple Pay payments system.
The new rules call for developers to avoid mining apps that drain batteries,
Belarus President Aleksandr Lukashenko has signed a decree which creates a legal framework for cryptocurrencies, initial coin offerings (ICO), and smart contracts in Belarus.
The decree, titled “On the Development of Digital Economy,” was prepared this summer to facilitate the inflow of international investments into the High-Tech Park (HTP),