Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific integrated circuit (ASIC) mining rigs after a number of firms have sold...
Morgan Stanley Strategist Recommends Bitcoin as Central Banks Ramp Up Money Printing
Morgan Stanley Investment Management’s chief strategist and head of emerging markets has recommended bitcoin as an alternative investment to stocks amid central banks’ massive money printing policies. He says that alternative assets, like gold and cryptocurrency, could keep doing well while stocks struggle. Morgan Stanley’s Strategist Discusses Stocks, Gold, and Bitcoin Head of Emerging Markets and Chief Global Strategist at Morgan...
US Sanctions Russians Allegedly Using Cryptocurrency to Influence Presidential Election
The U.S. has sanctioned several Russian nationals, a Ukrainian lawmaker, and their cryptocurrency addresses for interfering with the country’s electoral process. The Russians are allegedly employees of a troll factory that previously targeted presidential candidates. Operations to Interfere With U.S. Elections The U.S. Department of the Treasury announced Thursday that its Office of Foreign Assets Control (OFAC) has “designated four...
Huge ‘Bitcoin Tram’ Ad Campaign and 20 Billboards Flood Hong Kong’s Financial District
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram Campaign The Bitcoin Association of Hong Kong announced Friday the start of a massive bitcoin awareness initiative called the Bitcoin Tram...
Hollywood, Netflix & Amazon Win Injunction Against CCM IPTV & Resellers
In addition to serving cease-and-desist notices on various players involved in the supply of pirated movies and TV shows, the Alliance for Creativity and Entertainment often takes matters a step further. Mostly via copyright infringement lawsuits filed in the United States, the global anti-piracy coalition has accused several providers of acting outside the law, hoping to shut the services down and achieve a damages award or...
