At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018. Situated at one of the hydroelectric plants on the Hrazdan river, the mining facility gets its electricity supply directly from the high-voltage grid and uses the site’s infrastructure to power containers. The platform’s repres...

Darwinia is a cross-chain messaging infrastructure, which provides a light client-based, programmable, universal cross-chain messaging network for decentralized applications. Now, we’ve successfully used Darwinia’s light-client cross-chain messaging protocol(LCMP) to bridge cross-chain messages between substrate-based chains, and even between substrate-based chains and EVM chains, meanwhile, Darwinia provides developers with an SDK, so they can easily integrate cross-chain capabilities into t...

In the world of crypto, FUD stands for fear, uncertainty and doubt. It’s often evoked intentionally to draw negative attention to a particular project or business. One of crypto’s most enduring legacies has been the constant FUD surrounding Tether, whose USDT stablecoin commands a market capitalization of nearly $68 billion. Whether intentional or not, The Wall Street Journal ran a story this week claiming that Tether was on the edge of technical insolvency and that it wouldn’t take much to p...

If you haven’t yet, check out Economic Primitives of the Metaverse 1: Renting and Lending where we lay out the motivation for exploring this topic including a brief overview of the vision of the metaverse, the role of NFTs, and renting and lending protocols within it. In this sequel, we hope to introduce a new idea - the metaverse mortgage. We first start off with a debate of its merits, then construct a rudimentary implementation through composing ideas from existing NFT-fi projects, detail ...