Why Isn"t Bitcoin Booming?
"Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance," argues a columnist in the New York Times, "a form of 'digital gold' that would be a source of stability as the world grew more chaotic and unpredictable.........»»
The Rise of the Crypto Mayors
This new political breed accepts paychecks in Bitcoin. The mayors also want to use buzzy new tech like NFTs to raise money for public projects. From a report: The ballooning popularity of Bitcoin and other digital currencies has given rise to a stran.....»»
Foundry, IC service providers see booming orders but suffer component shortage
Semiconductor manufacturers, IC packaging/testing providers, and PCB manufacturing equipment makers, notably C Sun Mfg, Symtek Automation Asia, Ta Liang Technology, Ampoc Far-East, and Group Up Industrial, enjoy robust demand but are worried that sho.....»»
Highlights of the day: TSMC leads the pack in Market Cap 100 ranking
In the Asia Supply Chain Market Cap 100 ranking, TSMC garnered the top place with a market cap of US$576.3 billion as of the last trading day of 2021, up 17.8% from 2020. The ranking demonstrates the booming of the semiconductors and EV industry in 2.....»»
Quantum Computers Are a Million Times Too Small To Hack Bitcoin
MattSparkes shares a report from New Scientist: Quantum computers would need to become around one million times larger than they are today in order to break the SHA-256 algorithm that secures bitcoin, which would put the cryptocurrency at risk from h.....»»
IMF Urges El Salvador To Remove Bitcoin As Legal Tender
The International Monetary Fund is pushing El Salvador to ditch bitcoin as legal tender, according to a statement released on Tuesday. CNBC reports: IMF directors "stressed that there are large risks associated with the use of bitcoin on financial st.....»»
Cracking a $2 Million Crypto Wallet
First, he forgot his PIN -- then he started looking for hackers. From a report: In early 2018, Dan Reich and a friend decided to spend $50,000 in Bitcoin on a batch of Theta tokens, a new cryptocurrency then worth just 21 cents apiece. At first, they.....»»
How big does your quantum computer need to be?
Quantum computers are expected to be disruptive and potentially impact many industry sectors. So researchers in the United Kingdom and the Netherlands decided to explore two very different quantum problems: breaking the encryption of Bitcoin (a digit.....»»
Ibase Technology cautious about worsening component shortage in 1Q22
Industrial computing device maker Ibase Technology, despite booming orders, expects first-quarter 2022 consolidated revenues to likely remain unchanged sequentially because the currently short supply of components appears poised to worsen later in th.....»»
$130 Billion Wiped Off Crypto Markets in 24 Hours
The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. From a report: Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Eth.....»»
Bitcoin drops to six-month low as investors dump speculative assets
Cryptocurrencies tumble in wake of global stock sell-off, proposed Russian crypto ban. Enlarge (credit: Chris Ratcliffe/Bloomberg via Getty Images) Bitcoin dropped to a six-month low on Saturday, extending a steep fall recorde.....»»
El Salvador"s Government Buys More Bitcoin as Its Price Drops to $35,149
As the price of bitcoin drops to $35,149, "The entire country of El Salvador is riding the cryptocurrency wave," reports The Street, "even in its choppiest waters." The first country in the world to adopt bitcoin as legal tender, the Central America.....»»
3 really interesting jobs you can apply for this week
We’ve said it before and we’ll say it again… our job board really is booming with brilliant job opportunities right now! We’ve said it before and we’ll say it again… our job board really is booming with brilliant job opportunities rig.....»»
Bitcoin Extends Slide, Has Fallen More Than 50% From Record High
Bitcoin, the largest digital asset, extended its decline Saturday, and has now shed more than 50% from its record high in November.Bitcoin’s decline since hitting the record has wiped out more than $600 billion in market value, and over $1 tr.....»»
New York City"s mayor really wants you to think he"s getting paid in bitcoin
No, Eric Adams is not getting his salary in bitcoin.The newly inaugurated mayor of New York City raised eyebrows back in November when he promised to take his "first THREE paychecks in Bitcoin," and a Thursday press release titled "Mayor Adams to Rec.....»»
Cryptocurrencies Tumble As Global Investors Reduce Risk
New submitter NoMoreDupes shares a report from CoinDesk: The crypto market was in a sea of red on Friday as bitcoin, the world's largest cryptocurrency by market capitalization, tumbled more than 10% over the past 24 hours. It appears that global inv.....»»
Intel To Unveil "Ultra Low-Voltage Bitcoin Mining ASIC" In February
Intel, one of the world's largest chip makers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference's agenda (PDF). CoinDesk reports: One of Intel's.....»»
Intel may be working on specialized chip for mining Bitcoin
It appears that Intel may be venturing into cryptocurrency mining hardware. A new rumor shows that Intel may be working on a Bonanza Mine Bitcoin mining chip......»»
Intel To Unveil "Ultra Low-Voltage Bitcoin Mining ASIC" in February
Intel, one of the world's largest chipmakers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference's agenda. From a report: One of Intel's "Highligh.....»»
After Kosovo Suspends Cryptocurrency Mining, Miners Scramble to Sell Off Their Equipment
The Observer reports: For bitcoin enthusiasts in Kosovo with a breezy attitude to risk, it has been a good week to strike a deal on computer equipment that can create, or "mine", the cryptocurrency. From Facebook to Telegram, new posts in the region.....»»
North Korean hackers stole nearly $400 million in crypto last year
"Banner year” thanks to skyrocketing cryptocurrency values, vulnerable startups. Enlarge The past year saw a breathtaking rise in the value of cryptocurrencies like Bitcoin and Ethereum, with Bitcoin gaining 60 percent in.....»»