Intel announces end-of-life of its Bitcoin mining chip series
The chips were introduced last year, but Intel has not announced any follow-up generations. It says it’s focusing on IDM 2.0 operations, which have led to the end-of-life of the Blockscale ASICs, citing the need to prioritize its investments as the reason for this move.
Intel's initial entry i... Read more
Cybercriminals are hacking scammers to hijack crypto transactions
In July, the FBI published a warning regarding scams of decentralized applications (dApps) where hackers impersonated cryptocurrency liquidity mining services, ... Read more
As cryptocurrency plunges, GPU prices fall even further
Graphical processing unit (GPU) prices are dropping steadily due to the cryptocurrency crash. Multiple models are on offer for prices that seemed like bargains five months ago.
Cryptocurrency is going through a tough year. Bitcoin (BTC) dropped over 50 percent since the beginning of this year, ... Read more
Intel is working on a crypto mining CPU
Intel will launch a blockchain accelerator processor this year. The CPU is suitable for running blockchain algorithms and crypto mining, among others.
The blockchain accelerator processor enables so-called SHA-256 algorithm to be run. These algorithms are often used for mining cryptocurrencies a... Read more
Bitcoin rises to new heights, Apple might be joining in too
In recent days, the value of bitcoin has risen to new record heights. This is mainly due to the actions of Elon Musk and his company Tesla, but Apple might also want to enter the crypto market.
Car brand Tesla recently announced that the company will accept bitcoin as a means of payment and even... Read more
Elon Musk touts Bitcoin’s impending broad acceptance
On Monday, Elon Musk, the Tesla CEO, said that Bitcoin is on the verge of gaining wider acceptance and use. The comments by the eccentric CEO came after he used #bitcoin on his Twitter profile page.
That decision alone made the cryptocurrency rise by 14% on Friday.
Musk also commented on the ... Read more
Stocks of GameStop, Dogecoin skyrocket due to social media
The stock prices of several ailing companies have exploded in recent days due to Reddit users who saw a gap in the market. Amid the financial chaos, the value of cryptocurrencies like Dogecoin also saw a huge surge.
After users of Reddit page r/wallstreetbets realised that more than 100 percent ... Read more
Bitcoin value benefits from corona virus: highest value in months
Over ten thousand dollars per Bitcoin was the cryptocurrency exchange rate last weekend. Today, the rate dropped slightly to 9857 dollars per Bitcoin, but on Sunday, the crypto currency reached its highest rate since September 2019. All thanks to the corona virus in China.
Due to the corona viru... Read more
John McAfee is suing rival Calvin Ayre for $800 million…
John McAfee has said that he is suing Calvin Ayre, promoter of Bitcoin SV, for 800 million dollars (708 million euros) and is going bankrupt. Calvin Ayre would have said that McAfee committed a murder. That's AMB Crypto's report. The lawsuit follows a previous dispute on Twitter between the two.
Cal... Read more
Visa and Coinbase launch bank card for crypto coins
Soon you will be able to spend crypto money easily at shops that do not necessarily accept crypto-currency with the help of a special new bank card.
Coinbase, the main exchange of popular crypto coins such as Bitcoin, Bitcoin Cash and Ethereum, joins forces with Visa for the creation of a new bank c... Read more