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April 2022

INTEL LAUNCHES NEW BITCOIN MINING CHIP, BLOCKSCALE

INTEL LAUNCHES NEW BITCOIN MINING CHIP, BLOCKSCALE

Intel’s new bitcoin mining chip, the Intel Blockscale ASIC, will ship in Q3 2022 to select customers. Intel has announced details for its upcoming bitcoin mining chip, the Intel Blockscale ASIC, which will ship in Q3 2022. Intel’s chip, focused on energy efficiency and sustainability, will operate with up to 26 J/TH of power efficiency. […]

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Email Data Breach? Phishing Attacks Against Trezor

Email Data Breach? Phishing Attacks Against Trezor

The hardware wallet manufacturer Trezor is investigating a wave of phishing emails warning users about a “data breach”.   MailChimp database compromised Via Twitter, Trezor confirmed that there is an ongoing phishing attack against their users. Apparently, the malicious emails are being sent to addresses that have signed up for the Trezor newsletter, which is

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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently acknowledged it had suspended some accounts which are said to

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Tesla’s Token Rises Despite Shanghai Factory Shutdown

Tesla’s Token Rises Despite Shanghai Factory Shutdown

Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg reported. Tesla’s factory closure and supply-chain disruptions have been affected by COVID-19 lockdowns. As investors are betting on the automaker company to build cars with a new factory opening

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THE 19 MILLIONTH BITCOIN HAS BEEN MINED: WHY IT MATTERS

THE 19 MILLIONTH BITCOIN HAS BEEN MINED: WHY IT MATTERS

With less than two million bitcoin left to be mined, Bitcoin’s limited supply has just gotten even more limited. The 19 millionth bitcoin has just been mined, data from Bitbo shows, leaving less than two million BTC remaining for miners to put in circulation as the Bitcoin network tick-tocks its way through a fixed issuance schedule until it reaches

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China’s BYD ends full combustion engine cars to focus on electric, plug-in hybrids

China’s BYD ends full combustion engine cars to focus on electric, plug-in hybrids

KEY POINTS China’s largest electric vehicle EV maker BYD said that as of last month it now produces full electric and heavily electrified plug-in hybrid cars only. BYD will not completely stop making gasoline engines since smaller highly efficient engines will continue to be used in plug-in hybrid cars. Its move is in response to

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Celebrity tokens: Signs of rising crypto adoption in Indonesia

Celebrity tokens: Signs of rising crypto adoption in Indonesia

Some of Indonesia’s best-known celebs have helped fan the flames of interest in digital assets. Cryptocurrency investments in Indonesia have seen considerable growth between 2020-2022, with 4% of the country’s population having invested in crypto. In 2021, crypto transaction volumes surpassed $34 billion, according to Indonesia’s Commodity Futures Trading Regulatory Agency. This growth has formed a new

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Indonesia to Charge 0.1% Tax on Crypto Transactions, Investments: Report

Indonesia to Charge 0.1% Tax on Crypto Transactions, Investments: Report

The valued-added and capita-gains taxes will take effect on May 1. Indonesia plans to charge value-added tax (VAT) on crypto transactions and capital gains at a rate of 0.1% starting May 1. The government will impose income tax and VAT on crypto assets and is still working on the implementing regulation, tax official Hestu Yoga

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Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’

Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’

Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about

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CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry

CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry

Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2). Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-based solutions for the sports industry and help fans participate in the token economy. The Chiliz Chain 2.0 will focus on Web3

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