Major Computer Chip Maker Faces Infringement Lawsuits From Competitor
GlobalFoundries, the world’s second-biggest semiconductor foundry by sales after TSMC, has filed multiple infringement lawsuits against its competitor. TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement GF, the second biggest semiconductor foundry by sales Continue Reading
Alleged Capital One Hacker Used Servers To Mine Crypto
Yesterday, August 28, Paige Thompson was indicted after allegedly hacking Capital One and 30 other entities. Along with being charged with wire fraud and computer fraud and abuse, court documents state Thompson used Capital One’s cloud servers to mine cryptocurrency.
Wikipedia Becomes Verified Brave Publisher
Wikipedia is the latest website to become a verified publisher with the Brave web browser, allowing the site to start taking dips and donations in the form of Brave’s basic attention token.
Investments and Speculation: 90% of Bitcoin’s Total Use
According to the CEO of the crypto exchange Luno, Marcus Swanepoel, the majority of clients of any crypto exchange, mainly use bitcoin as an instrument for investments and speculation. Swanepoel also stated that transacting, usually comprises a very small share of the cryptocurrency’s use cases. During his CNBC interview, from Continue Reading
Legal Battle of Craig Wright vs Kleiman Is Heavily Against Wright
Things aren’t looking too good for the famous Satoshi Nakamoto-wannabe, Craig Wright. It appears that the legal battle involving Wright and the computer scientist David Kleiman is heavily going in Kleiman’s favor. Back in June, Wright was forced to personally appear at the mediation for the alleged intellectual property theft Continue Reading
US SEC Reaches $10 Million Settlement with Digital Assets Issuers
The United States Securities and Exchange Commission reaches $10 million settlement with a Dallas-based digital assets company and its founders. The United States Securities and Exchange Commission (SEC), a primary governmental regulator, has settled charges with digital assets company Bitqyck Inc. and its founders. Smart contracts and crypto mining? The Continue Reading
China Telecom Releases White Paper on 5G Blockchain Phones
According to China Telecom, the current level of blockchain smartphones’ adoption is low, while device performance is poor. Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. Continue Reading
Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to Continue Reading
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
The European Central Bank releases a new paper devoted to stablecoins, providing taxonomy based on key stability mechanisms and recommending clear regulation. Stablecoins with a clear governance framework may be hampered by the uncertainty of the lack of regulation, according to the European Central Bank (ECB). Four major types of Continue Reading
Celebrating a Pioneer, Bitcoiners Will #RunForHalFin
On August 28, 2014, cypherpunk and Bitcoin pioneer Hal Finney passed away due to complications with amyotrophic lateral sclerosis (ALS), which he had been fighting for nearly five years. Prior to being diagnosed, the recipient of the first bitcoin transaction was an avid runner who never shied away from expressing Continue Reading