Cryptoknight

Cryptoknight

My goal is to bring value to people. Things I write will not always be my own but it will always contain a good message


Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power

16 Aug 2019 1 minute read 0 comments Cryptonomist

According to a recent news, electricity theft has reached a record high in Malaysia. It was reported that roughly 25 million usd worth of electricity was stolen by the bitcoin miners in the country. According to Malaysian law, power theft can lead to...

Relationship Between Coinbase and Barclays Bank Coming To An End

15 Aug 2019 1 minute read 1 comment Cryptonomist

Things doesn't seem to be going too well with coinbase, one of the biggest crypto exchange in the world. Coinbase has seen number of its high profile executives leave their post a while back for reasons unknown. And if you thought things wouldn't get...

Korea’s Oldest Bank is Building a Blockchain-based Security System

15 Aug 2019 1 minute read 0 comments Cryptonomist

As reported by cointelegraph, SouthKorea’s oldest bank, Shinhan Bank, partnered with two other companies seeking to develop a blockchain-based security solution. Blockchain technology is new and seemingly an important to current systems. Wider adopti...