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Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
2.1.2023
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks...
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...
Crypto.com supports Flare (FLR) Airdrop for XRP Holders
20.10.2022
Crypto.com, the fastest-growing online trading platform, announced on Nov. 2020 that they would support the distribution of Flare (FLR) tokens. After that, the Flare Network community released the token distribution program schedule. As per the updates received from Flare Networks, it will...
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
Gas-to-Bitcoin Firm Crusoe Energy Acquires the Operating Assets of Great American Mining
13.10.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 megawatts (MW) of mining capacity and 4,000 ASIC mining rigs. Digital Flare Mitigation Firm Crusoe...
Flare Network and Lena Instruments launch new crowdfunding mechanism
30.8.2022
The mechanism allows investors to allocate a portion of the rewards they earned into funding startups
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin
30.8.2022
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas companies are leveraging gas-to-bitcoin flare mitigation systems...
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’
12.8.2022
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power...
Avalanche-based Pangolin Dex set to make debut on Flare blockchain
27.7.2022
Pangolin can offer DEX-as-a-service features to any Flare-based application that wants to incorporate direct token swaps into its user experience
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
17.7.2022
Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in BTC are longterm positives
Russia seems to be preparing to mine Bitcoin with flare gas
17.6.2022
One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining
Best FTSO Introduces NFTSO on Songbird and Flare Networks
6.6.2022
Best FTSO has announced a new NFT marketplace called NFTSO on Songbird and Flare Networks. NFTSO brings the most requested functionality for the users with many unique features that are set to give it a competitive edge. Best FTSO started with a small team with no funding. The development...
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...
Add a CSS Lens Flare to Photos for a Bright Touch
12.4.2022
I’m a big fan of movies by J.J. Abrams. I enjoy their tight plots, quippy dialog, and of course: anamorphic lens flares. Filmmakers like Abrams use lens flare to add a dash of ‘homemade’ realism to their movies, …
Add a CSS Lens Flare to Photos for a Bright Touch originally...
How Flare Network Could Help Prevent Ronin Network Hack and Other Multisig Platforms?
5.4.2022
If you have followed the happenings in crypto for the past fortnight, you may be familiar with the Ronin network exploit that threatened a $620 million loss in cryptocurrencies. The unofficial post mortem shows the hackers used compromised private keys to forge withdrawal signatures, an issue that...
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
28.3.2022
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere...
Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
14.2.2022
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022....
Read More: Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
2.11.2021
The two seek to improve their blockchains with each other's tech from cross-chain bridges to decentralized exchanges to oracle networks
Flare Finance Announces Partnership with ForeverLands NFT Game
12.10.2021
The Flare Finance community has received a bunch of positive updates over the past few weeks and it doesn’t seem to be stopping anytime soon. In a recent announcement, Flare Finance has revealed a new partnership with ForeverLands NFT game. ForeverLands is a strategy game that will allow players...