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ASIC

ASIC Arms Race Continues Unabated with No End in Sight
asic

ASIC Arms Race Continues Unabated with No End in Sight

The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.

Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes
asic

Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes

The rise in crypto scams in 2024 underscores the need for vigilance in the Web3 space, according to the Australian Securities and Investments Commission (ASIC).

Bitfinex: Bitaxe Ultra is Pioneering Open-Source Bitcoin Mining Hardware
asic

Bitfinex: Bitaxe Ultra is Pioneering Open-Source Bitcoin Mining Hardware

Discover the Bitaxe Ultra, an open-source Bitcoin ASIC miner leveraging Bitmain's BM1366 chip for efficient home mining.

Worldcoin (WLD) World App Reaches 10 Million Users
asic

Worldcoin (WLD) World App Reaches 10 Million Users

Worldcoin's World App, launched in June 2023, has over 10 million users, promoting universal basic income and sparked interest in alternative wallets within the Worldcoin ecosystem.

ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product
asic

ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product

The Australian Securities and Investments Commission (ASIC) has appealed a federal court ruling that found Finder Wallet's "Earn" product compliant with Australian financial laws, raising concerns about consumer protections.

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
asic

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products
asic

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

The Australian Securities and Investments Commission (ASIC) has filed a case in the Federal Court against the online investing platform eToro Aus Capital Limited about the suitability of eToro's target market for contract for difference (CFD) products.

Binance Trims Employee Benefits and Faces Regulatory Challenges Globally
asic

Binance Trims Employee Benefits and Faces Regulatory Challenges Globally

According to a recent report by The Wall Street Journal, the global cryptocurrency exchange Binance has reduced several benefits for its employees, including reimbursements for mobile phone usage, fitness, and work-from-home expenses.

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
asic

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.

Block's 5nm Bitcoin Mining Chip Prototype
asic

Block's 5nm Bitcoin Mining Chip Prototype

Block has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.

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