inWCPzXNVFbyYDRmxtthn3 1200 80

TSMC Price Hikes Confirmed by Crypto Chip Giant

Bitmain, a leading developer of application specific integrated circuits (ASIC) for cryptocurrency mining and the maker of Antminer machines, has confirmed that Taiwan Semiconductor Manufacturing Co. (TSMC) had notified its customers about planned price increases for chip production.  “On the morning of [August] 25, TSMC notified all customers that all semiconductor processes will increase their prices…

Iran's Crypto Miners Will Be Allowed to Resume Operations in September

Iran’s Crypto Miners Will Be Allowed to Resume Operations in September

Iran’s cryptocurrency miners are expected to be allowed to resume operations on September 22, the Iran Power Generation, Distribution and Transmission Company (Tavanir) told The Financial Tribune, as demand on the country’s power grid falls. The Ministry of Industries, Mining and Trade temporarily banned cryptocurrency mining earlier this year because it was concerned the energy-intensive…

$600M Crypto Hacker Returns Final $141 Million

$600M Crypto Hacker Returns Final $141 Million

The saga might finally be over. Poly Network today announced “Mr. White Hat,” the hacker who stole more than $600 million worth of cryptocurrency from it on August 10, has returned the last of the stolen assets to the decentralized finance company. “At this point, all the user assets that were transferred out during the…