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    High Cost of Bitcoin Mining Could Steer A Blockchain Take-Over

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    By Jamie Redman The Institute of Electrical and Electronics Engineering (IEEE) has released a study called “Minting Money With Megawatts,” revealing the fierce competition in the bitcoin mining industry, which is expanding the cryptocurrency network significantly. The...

    China Merchants Bank Joins R3 Blockchain Consortium

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    By Stan Higgins China Merchants Bank has become the latest Asia-based bank to join the R3 blockchain consortium. The commercial bank, founded in the late 1980s, is the second financial firm in China to join the initiative. In June, insurance giant Ping An announced...

    California Pension Fund Considers Blockchain Opportunities

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    by Stan Higgins Board members of the California Public Employees’ Retirement System (CalPERS) recently took part in a discussion on blockchain technology as part of a broader conversation about future investment opportunities. The meeting is notable given the...

    Credit Unions Become Banking Blockchains

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    By Bailey Reutzel The credit union industry is following the lead of hackers and thieves, according to Jeff Johnson, chief information officer at Illinois-based Baxter Credit Union (BCU). “This is going to sound strange,” he said. “[But] criminals,...

    Bitland Announces ICO Crowdfunding & Launch

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    By William Suberg Decentralized land registry project Bitland has announced its ICO crowdfunding campaign and slated launch following a partnership with Danish exchange OpenLedger and revamped “decentralized conglomerate” CCEDK. Bitland: Development Project Has ‘Many...
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