Metaplanet secures 1B yen loan to buy more Bitcoin

Bitcoin (BTC) mining behemoth Bitmain has unveiled its next-generation ASIC chip soon to be used in the firm’s new “Antminer” crypto mining machines, Reuters reports September 21.An Application-Specific Integrated Circuit (ASIC) chip is a piece of tailored mining hardware geared to mine cryptocurrency based on a specific hashing algorithm.Bitmain CEO and co-founder Jihan Wu reportedly…

Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions.It said the platform had resulted in faster reconciliation and ambiguity resolution, as well as the significant reduction of paperwork and time required for the entire transaction cycle.Tech Mahindra…

Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, each toman will be worth 10,000 rials.The redenomination plan effectively removes four place values (four zeros) from the Iranian national currency as part of…

Auradine is aiming to expand its presence in the Bitcoin mining market, but it faces strong competition from established Chinese manufacturers. 126 Total views 1 Total shares Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding

Bitcoin (BTC) is struggling to stay above $23,000 as the weekend approaches. The selling pressure increased after the personal consumption expenditures excluding food and energy rose 0.6% in January and 4.7% over the year, above market expectations of an increase of 0.5% and 4.4% respectively. This could trigger fears that the United States Federal Reserve may…

Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track.Medalla —…

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with Cointelegraph on Wednesday, Oct. 31.Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment to developing standards for the…

The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.

With CarynAI, Caryn Marjorie has launched something seemingly straight out of a science fiction movie. 170 Total views 5 Total shares A 23-year-old Snapchat influencer has seemingly taken a leaf out of the SimpDAO book by launching an Artificial Intelligence (AI)-based girlfriend version of herself via OpenAI’s chatbot ChatGPT. The influencer in question, Caryn Marjorie,…