According to the FTC, scammers have lured out $329 million worth of cryptocurrencies in the first quarter of this year alone. 

Custodians of crypto assets play an essential role in storing and securing digital assets while also interacting directly with brokers and exchanges to facilitate transactions for institutional and individual stakeholders. 

Cryptocurrency mining is compute-intensive and uses a significant amount of energy — the mining of Bitcoin alone consumes 1% of the world’s energy. The only way for miners to maximize profit is by utilizing specialized, high-performance servers that run at maximum capacity 24/7/365.

Although the recent rebranding of Facebook to Meta has catalyzed a rise in openings, the first metaverse posting was in April 2019, showing the concept has existed for several years as a niche rather than a mainstream term.

The inaugural Grainger Computing Innovation Prize culminated in a grand finale event, with the grand prize awarded to Team GiGi (Green lightnInG coIn) for its design of an energy-efficient and sustainable digital currency.

The primary objective of this partnership is to increase meaningful blockchain adoption and help companies develop more competent products for the blockchain space.