March 2023

Riot Platform Revamps to Survive Crypto Market, Hits 12.6 EH/s

• Riot Platform rebranded and removed “Blockchain” from its business name • Riot Platforms collected $27.3 million in power credits in 2022 • By 2023, Riot anticipates to increase its hash rate capacity to 12.6 EH/s using 370 MW of electricity Riot Platform Rebrands Formerly known as Riot Blockchain, bitcoin infrastructure specialist Riot Platform is …

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Blockchain.com Closes Asset Management Arm After Prolonged Crypto Winter

• Blockchain.com Asset Management (BCAM) has suspended its operations due to the prolonged crypto winter. • The firm launched the subsidiary in April 2022, but faced a rough patch shortly after with asset prices rapidly plummeting. • Blockchain.com made several milestones during the crypto winter, such as receiving registration in multiple countries and partnering with …

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Ethereum Wallets Now Operating As Smart Contracts: Get Ready for Advanced Features!

• Ethereum developers have launched a new software feature called EntryPoint that enables wallets to act as smart contracts. • The new feature, known as account abstraction, allows wallets to handle complex tasks without user interaction with the underlying blockchain. • The EntryPoint contract needs to be thoroughly audited and formally verified in order for …

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