Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,564,798,216.85
  • 24h Vol: $55,554,871,374.03
  • BTC Dominance: 56.53%

ASIC

kraken-crypto-exchange-operator-fined-by-australian-court

Kraken Crypto Exchange Operator Fined by Australian Court

Leave a Comment / ASIC, Australia, Bit Trade Pty Ltd., Bitcoin, Compliance, consumer protection, Corporations Act, credit facility, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, federal court, Kraken, legal, Margin Trading, Regulatory / / / , , , , , , , , , , , , , ,

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]

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615-crypto-scam-sites-dismantled-by-australian-regulator

615 Crypto Scam Sites Dismantled by Australian Regulator

Leave a Comment / ASIC, ASIC anti-fraud efforts, ASIC scam takedown, Australia, Australian scam crackdown, Bitcoin, Crypto Hacked, crypto scams Australia, Cryptocurrency, cryptocurrency scam Australia, Ethereum, online investment fraud, phishing websites ASIC, Regulation / / / , , , , , , , , ,

The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take down scams, contributing to the $1.3 billion in financial losses reported by Australians in 2023.

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australian-court-convicts-bitconnect-promoter-for-providing-unlicensed-advice

Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

Leave a Comment / ASIC, Australia, Australian court, Bitcoin, BitConnect, court cases, Crypto, Crypto Fraud, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2 / / / , , , , , , , , ,

John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on

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core-scientific-partners-with-block-to-receive-15-eh/s-in-new-bitcoin-mining-asics

Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs

Leave a Comment / ASIC, Bitcoin, Bitcoin (BTC), block, Core Scientific, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Mining, mining chips / / / , , , , , , ,

Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in a project to integrate the first 3nm bitcoin mining chips produced by the latter. Core Scientific will receive 15 exahash per second (EH/s) of Block’s mining ASIC chips, with the possibility of ordering additional silicon

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Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

Leave a Comment / ASIC, Australia, Bitcoin, Block Earner, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2 / / / , , , , , ,

Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted

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chip-giant-intel-abandons-bitcoin-asic-production

Chip Giant Intel Abandons Bitcoin ASIC Production

Leave a Comment / 3nm, 5nm, accelerators, Argo, ASIC, Bitcoin, Bitmain, block, Blockchain, Blockscale 1000 Series, BMZ1, BMZ2, Bonanza Mine, california, Canaan, chip manufacturer, competition, Crypto Hacked, Cryptocurrency, Development, dominant force, end-of-lifed, energy-efficient, Ethereum, future generations, Grrid, hive, IDM 2.0, Innosilicon, Intel, ISSCC, landing pages, Microbt, mining firms, Mining Industry, News, Paul Alcorn, product pages, Samsung, Semiconductor, Shipments, Technology, Tom's Hardware, TSMC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000

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cleanspark-purchases-45,000-bitcoin-mining-devices,-adding-6.3-eh/s-to-current-fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Leave a Comment / Antminer S19 XP, ASIC, Bear Market, Bitcoin, Bitcoin mining, bitcoin prices, Bitmain, Blockchain, BTC Mining, Cleanspark, competition, computational power, Crypto Hacked, Cryptocurrency, Decentralized, Digital Assets, Energy Consumption, Ethereum, Finance, Georgia, Global Hashrate, Halving, industry-leading price, investment, Market Trends, Mining, mining bitcoin, Mining BTC, mining centralization, mining fleet, Mining Industry, mining rigs, network difficulty, operational efficiency, Profitability, Renewable Energy, RoI, Sandersville, sustainability, Technology, top bitcoin mining companies, treasury management / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9

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bitcoin-hashrate-reaches-400-exahash-per-second,-researcher-says-network-could-reach-zettahash-era-by-2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Leave a Comment / analyst, ASIC, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Cryptography, difficulty, Digital Assets, efficiency, efficiency improvements, entrepreneurs, estimation, Ethereum, Exahash, Facilities, growth rate, Hashrate, Hydro Powered, inquiry, inventory, milestone, Miners, Mining, models, nation states, operational, Price Increase, Profitability, quintillion, Regulators, Renewable Energy, Research, River Financial, rumors, secret mining, sextillion, Statistics, study, Technology, wide range, zettahash / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second.

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mawson-infrastructure-group-launches-bitcoin-mining-operation-in-pennsylvania,-exits-australia

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

Leave a Comment / ASIC, Bitcoin, Bitcoin mining, bitcoin prices, Blockchain, BTC, BTC Mining, Crypto Hacked, crypto industry, Cryptocurrency, cryptocurrency market, data processing, Digital Assets, digital infrastructure, Energy Consumption, Ethereum, Financial Markets, Global Economy, Hashpower, investment, Mawson Infrastructure Group, Mining, Mining BTC, Mining Operations, mining rigs, modular data centers, nasdaq, network difficulty, Pennsylvania, Power Consumption, Renewable Energy, SHA256, Technology, technology sector / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable

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israeli-startup-chain-reaction-raises-$70-million-to-build-blockchain-silicon

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

Leave a Comment / Alon Webman, ASIC, Bitcoin, Blockchain, blockchain chips, chain reaction, Crypto Hacked, Cryptocurrency, Electrum, Ethereum, homomorphic encryption, israel, Morgan Creek Digital, Tel Aviv, TSMC / / / , , , , , , , , , ,

Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in

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