What are NuChains?

Nuchains are the diverse individual layer-1 blockchains that run in parallel on the Nugenesis Network and are secured by its sovereign consensus and validator set. The key to NuGenesis scalable multichain Network, NuChains share in and benefit from the network infrastructure including and not limited to the Ledgerx.exchange, launch pads, cross-chain, and reduced hosting prices. … Read more

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges

While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike significantly … Read more

Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm

Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. Biden said on Friday that he’s ordered an investigation into the … Read more