ASIC

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Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

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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 … Read more

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

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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 … Read more

LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released

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According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that the investigation is ongoing. Canyon Country Resident Accused of Stealing $579K Worth of … Read more

Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

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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 … Read more

Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower

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At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash. Bitmain Introduces S21 XP and S21 XP Hydro Bitmain’s new Antminer S21 series mining … Read more

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

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Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal … Read more

Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins ‘Hashing’ in Texas

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Republican Senator Ted Cruz from Texas has announced that he purchased three application-specific integrated circuit (ASIC) bitcoin miners. “I just bought 3 Bitcoin miners that started hashing today in Iraan, TX,” the Senator stated on X this week. “I’m proud to join the ranks of Texas bitcoin miners,” he added. Cruz is an ardent advocate … Read more

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  • bitcoinBitcoin(BTC)$101,476.00-3.24%
  • ethereumEthereum(ETH)$2,411.21-7.62%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.09-5.18%
  • binancecoinBNB(BNB)$631.38-4.97%
  • solanaSolana(SOL)$144.66-5.77%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2806852.16%
  • dogecoinDogecoin(DOGE)$0.171026-9.28%
  • cardanoCardano(ADA)$0.63-6.31%