Impact of Bitcoin Mining on Local Electricity Grids: A Case Study on Malaysia’s National Electricity Provider

Impact of Bitcoin Mining on Local Electricity Grids: A Case Study on Malaysia’s National Electricity Provider

Malaysia’s national electricity company, Tenaga Nasional Berhad (TNB), reported over $101mn in losses due to electricity theft linked to Bitcoin mining. The activities began in 2020, and the losses have increased each year. In addition to TNB’s losses, electrical equipment related to illicit mining operations worth over $500,000 was confiscated. Bitcoin mining involves solutions to … Read more

Crypto Giant CoinDesk Acquires Leading Data Provider CCData: Boosting Information Services and Scale in the Crypto Economy

Crypto Giant CoinDesk Acquires Leading Data Provider CCData: Boosting Information Services and Scale in the Crypto Economy

CoinDesk, a leading global crypto economy firm, has announced the acquisition of UK-based benchmark administrator CCData. The move is expected to significantly extend CoinDesk’s information services and data products while providing opportunities for cross-selling to CCData and CryptoCompare’s extensive client base. CCData and its retail platform CryptoCompare have a decade-long history of providing robust data … Read more

Fuse Network Partners with Liquify as New RPC Provider and Ecosystem Partner: Offering Secure and Robust RPC Infrastructure for Decentralized Applications

Fuse Network Partners with Liquify as New RPC Provider and Ecosystem Partner: Offering Secure and Robust RPC Infrastructure for Decentralized Applications

Fuse Network partners with Liquify as its newest RPC provider, offering public RPC services for decentralized applications in the Fuse ecosystem. With co-located tier-3 data centers and bare metal servers across the US, Europe, and Asia, Liquify guarantees a 99.95% uptime for processing requests. As Chainstack retracts its services on October 5th, 2023, users can … Read more