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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.........»»

Category: topSource:  slashdotMar 12th, 2022

Block confirms plans to build an open Bitcoin mining system

Block has confirmed plans to move forward with the project. Thomas Templeton, Block’s general manager for hardware, reiterated the importance of making mining more distributed and efficient seeing as it goes far beyond the creation of new coins......»»

Category: topSource:  techspotRelated NewsJan 15th, 2022

Taiwan"s TSMC reports record quarterly profit, will boost chip spending in 2022

Taiwanese chip firm TSMC expects strong growth to accelerate in coming years due to booming semiconductor demand, as the tech giant on Thursday reported a record quarterly profit and said it plans to spend at least a third more than last year......»»

Category: topSource:  cnnRelated NewsJan 14th, 2022

Jack Dorsey Announces Bitcoin Legal Defense Fund

Former Twitter CEO and Block founder Jack Dorsey has announced plans to create a "Bitcoin Legal Defense Fund" with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex. CoinTelegraph report.....»»

Category: topSource:  slashdotRelated NewsJan 14th, 2022

Bitcoin Slips Under the $40,000 Mark

The value of bitcoin fell under the $40,000 mark in early morning trading today. From a report: The popular cryptocurrency sold off sharply this morning, while rival tokens like ether also lost value. Currently worth $39,831 per coin, bitcoin is off.....»»

Category: topSource:  slashdotRelated NewsJan 10th, 2022

Kazakhstan Internet Shutdown Deals Blow To Global Bitcoin Mining Operation

The global computing power of the bitcoin network has dropped sharply as the shutdown this week of Kazakhstan's internet during a deadly uprising hit the country's fast-growing cryptocurrency mining industry. From a report: Kazakhstan became last yea.....»»

Category: topSource:  slashdotRelated NewsJan 6th, 2022

UK Police Forces Have Seized More Than $400 Million in Bitcoin

MattSparkes writes: UK police forces have seized more than 300 million pound ($405 million) worth Bitcoin and other cryptocurrencies, reveals a New Scientist story based on Freedom of Information requests. The individual police forces seized the fund.....»»

Category: topSource:  slashdotRelated NewsJan 5th, 2022

Elon Musk reveals who bitcoin"s creator Satoshi Nakamoto might be

 Musk.MARK RALSTON/AFP via Getty ImagesElon Musk seems to agree with many that hyper-secret cryptocurrency expert Nick Szabo could be Satoshi Nakamoto, the mysterious creator of the digital currency Bitcoin. "You can watch ideas evolve befo.....»»

Category: gadgetSource:  techcrunchRelated NewsDec 30th, 2021

5 Best Crypto Casinos and Gambling Sites with Huge Bonuses for Bitcoin Deposits

Are you a crypto bro looking for a way to win more BTC? Well, you’re in luck as we have … The post 5 Best Crypto Casinos and Gambling Sites with Huge Bonuses for Bitcoin Deposits appeared first on PlayStation Universe. Are you a cryp.....»»

Category: gameSource:  psuRelated NewsDec 27th, 2021

Industry watch: Traditional carmakers under threat in booming EV market

According to DIGIMIES Research, after reaching a pinnacle of more than 83 million vehicles in 2019, the global automotive market encountered a sales plunge in 2020 and 2021 due to the COVID-19 outbreak which triggered supply chain disruption. It is p.....»»

Category: itSource:  digitimesRelated NewsDec 27th, 2021

SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts

The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in Octob.....»»

Category: topSource:  slashdotRelated NewsDec 24th, 2021

Jack Dorsey Stirs Uproar by Dismissing Web3 as a Venture Capitalists" Plaything

Fresh off relinquishing the chief executive reins of Twitter, Bitcoin enthusiast Jack Dorsey has taken to the service he co-founded to voice his displeasure with so-called Web3 technology and the involvement of venture capital firms like Andreessen H.....»»

Category: topSource:  slashdotRelated NewsDec 21st, 2021

Bitcoin"s "One Percent" Controls 27% of All Circulating Coins, Study Finds

An anonymous reader quotes a report from Cointelegraph: Less than 1% of the biggest Bitcoin (BTC) hodlers allegedly control more than a quarter of all BTC in circulation, according to a new study. The National Bureau of Economic Research, an American.....»»

Category: topSource:  slashdotRelated NewsDec 20th, 2021

Amazon UK Launches "Buy Now, Pay Later" Product With Barclays

Amazon has struck a deal with Barclays to push into the booming "buy now, pay later" market in Britain. From a report: Amazon UK said on Friday it was launching a new product in partnership with the bank called Instalments. The payment method will al.....»»

Category: topSource:  slashdotRelated NewsDec 17th, 2021

The Great Danger of the Tiny Bark Beetle

As the climate warms, this insect’s population is booming. That’s bad news for the ponderosa pines of the Sierra Nevada......»»

Category: gadgetSource:  wiredRelated NewsDec 17th, 2021

Amtran sees decreasing TV inventory

Displays vendor Amtran Technology has disclosed its TV inventory levels have been dropping over the past few months amid booming TV sales in the US and Europe......»»

Category: itSource:  digitimesRelated NewsDec 16th, 2021

The Bank of England says Bitcoin could become "worthless"

Bitcoin, like most crypto, often experiences wild price fluctuations: it has dropped by $20,000 in the last month. However, it’s worth remembering that one Bitcoin at its current price of $48,500 is worth almost five times the $10,000 price it sat.....»»

Category: topSource:  techspotRelated NewsDec 15th, 2021

Bitcoin Could Become "Worthless," Bank of England Warns

The Bank of England has said that bitcoin could be "worthless" and people investing in the digital currency should be prepared to lose everything. The Guardian reports: In a warning over the potential risks for investors, the central bank questioned.....»»

Category: topSource:  slashdotRelated NewsDec 15th, 2021

GeneTouch sees booming orders in 4Q21

GeneTouch, a maker of large-size and special-specs touch displays, has obtained significant amounts of OEM/ODM orders and others for own-brand sale in the fourth quarter of 2021, according to the company......»»

Category: itSource:  digitimesRelated NewsDec 14th, 2021

Taiwan supply chain braces for booming 3rd-gen semiconductor applications

Applications of third-generation semiconductors including SiC and GaN diodes, MOSFETs and related modules are set to take off in 2022, and Taiwan's semiconductor supply chain players are gearing up to cash in on the forthcoming market demand, accordi.....»»

Category: itSource:  digitimesRelated NewsDec 14th, 2021

Adobe Takes on Canva With Freemium Offering

Adobe unveiled its first comprehensive package of design software for non-professionals on Monday, taking direct aim at a booming market that has turned Australian start-up Canva into one of the world's most valuable private tech companies. From a re.....»»

Category: topSource:  slashdotRelated NewsDec 13th, 2021