Crypto News

TransCrypts Wins Pitchfest at Consensus Hong Kong

Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to try and make it easier. Instead of going to grad school, Zaidi started TransCrypts, which helps companies verify employment information. The blockchain-powered startup recently won CoinDesk’s Pitchfest at Consensus Hong Kong.Zaidi says if we’re not able to prove data about ourselves, we give up something important about who we are. “We as consumers can’t actually verify who we are, own who we are,” Zaidi told...

‘Axie Infinity: Atia’s Legacy’ MMO Game Coming to Ethereum Network Ronin

The makers of Ethereum play-to-earn game Axie Infinity revealed a new MMO title called Atia’s Legacy, entering alpha testing this summer.Source link

Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus

Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generatedSource link

What Caused Bybit’s $1.4 Billion Ethereum Hack? New Details Revealed

Wallet provider Safe said that a developer's laptop was compromised ahead of the exploit used to swipe $1.4 billion from Bybit.Source link

Alibaba’s Latest AI Model Beats OpenAI’s o1-mini, On Par With DeepSeek R1

Albibab Cloud’s latest model rivals much larger competitors with just 32 billion parameters in what it views as a critical step towards AGI.Source link