Laos Faces Power Crisis from Crypto Mining, Low Rainfall

As an analyst with extensive experience in the energy sector, I find it concerning that Laos is experiencing electricity shortages due to the surge in cryptocurrency mining and erratic rainfall patterns affecting its hydropower capacity. The situation is particularly troubling given Laos’ reputation as Southeast Asia’s battery due to its significant hydropower potential. In simple … Read more

Defi Tech. to Host Q1 2024 Earnings Call for Shareholders

As a researcher with a background in decentralized finance (DeFi) and traditional capital markets, I’m excited about DeFi Technologies Inc.’s upcoming shareholder call on May 21, 2024. The company’s Q1 financial results, which showed Operating Revenues of $13.4 million and Operating Net income of $5.3 million, are impressive and a testament to their innovative approach … Read more

Solana Restaking Protocol Solayer Raises $20M

As a researcher with several years of experience in the crypto industry, I find Solayer’s successful fundraising round during its Genesis Epoch 0 phase quite impressive. The private, time-limited, and cap-limited strategy allowed for careful partnership with key players within the Solana ecosystem, as evidenced by the involvement of industrial figures like Yakovenko, former Sushiswap … Read more

Laos Battles Electricity Shortages Due to Crypto Mining

As a researcher with extensive experience in energy and power systems, I find the situation in Laos both intriguing and concerning. The country’s reputation as Southeast Asia’s battery due to its hydropower potential is being challenged by the surge in cryptocurrency mining and unpredictable rainfall patterns. As a researcher examining the energy landscape in Laos, … Read more

Solana DeFi Platform Pump.fun Suffers $2M Exploit

As a seasoned crypto investor with years of experience under my belt, I can’t help but feel a pang of disappointment and concern upon hearing about the latest incident involving Pump.fun. The reported loss of approximately $300k+ in Solana (SOL) and memecoins due to a flash loan attack is not only disappointing for those who … Read more