Tag: asic

Nov 04 2021

ASIC to Shut Down A One Multi Services over Unlawful Crypto Activities

The authority secured orders from Federal Court against A One Multi and its directors.

Chip Shortage: Causes, Severity And The Impact On Bitcoin

What are the causes of the global chip shortage, how severe is it and is there any impact on the Bitcoin ecosystem?Without a steady supply of new chips, our economies would grind to a halt. To get an idea of how important chips are: MOSFETs, semiconductor components of all modern chips, are the most frequently manufactured device in history. It’s...

Oct 29 2021

ASIC Issues Regulatory Guidance on Crypto Products

It approved the criteria under which Bitcoin and Ethereum investment products can be launched.

Oct 15 2021

Australian authorities target crypto telegram groups to weed out ‘pump and dump’ schemes

Telegram groups that are used to pump and dump all financial products, including any crypto assets, would henceforth face the wrath of the Australian Securities and Investments Commission (ASIC), according to a...

Sep 29 2021

Why Are Bitcoin Mining ASIC Prices Surging And Where Will They Go Next?

The prices of ASICs, computing components central to Bitcoin mining, have surged this year. But why? And where will they go next?There could be a number of factors contributing to the rising price of bitcoin mining ASICs — the components that are central to the specialized machines used to secure the Bitcoin network in exchange for BTC rewards — including supply shortages,...

Aug 26 2021

Blockstream's $210 Million Raise Is Critical In The Global Bitcoin Arms Race

Blockstream's $210 million raise will play a big role in North American ASIC production and manufacturing.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.As...

Aug 21 2021

How Bitcoin Mining Has Evolved To Take Us To The Moon

Aug 21 2021 Published at Bitcoin Magazine under tags  asic culture miners mining

The industry is poised for immense growth as Bitcoin adoption begins to pick up speed.Bitcoin hasn't even gotten to its teenage years yet. When Satoshi published his white paper in October 2008 detailing the creation of a new monetary system, no one knew that in less than 13 years bitcoin would rise to a market cap of $850 billion. It would...

Aug 18 2021

ASIC Warns against Trading Cryptos on Unlicensed Exchanges

It urged investors to check if the platforms have an AFS license or AML.

Jun 30 2021

ASIC Seeks Public Feedback on Crypto ETPs

The regulator will accept the feedback till July 27, 2021.

Jun 27 2021

So, What Are Bitcoin Miners Actually Doing?

Jun 27 2021 Published at Bitcoin Magazine under tags  asic miner mining technical

Let’s take a deeper look at what may appear as a magical process: bitcoin mining.An Overview Of What Bitcoin Miners Are Actually DoingThis article, to a degree, builds upon my previous one.Before we peer under the hood, let’s look quickly at how miners have evolved.At first, the mining difficulty level was...

Apr 21 2021

Feb 12 2021

Australian Securities and Investments Commission Approves Bitcoin ETF Listing on ASX Exchange

The Australian Securities and Investment Commission (ASIC) has said that it has no issues with Cosmos Bitcoin linked ETF that is set to be listed on the ASX exchange. The comments from the regulatory body came in context with the denial of Cosmos Bitcoin ETF listing earlier by the National Stock Exchange as they claimed The post Australian Securities and Investments Commission Approves...

Nov 18 2020

Alleged Promoter of BitConnect Crypto Scam Charged in Australia

Nov 18 2020 Published at CoinDesk under tags  asic australia bitconnect coinflash crime

The accused faces a maximum prison sentence of 17 years if convicted.

Nov 17 2020

Oct 26 2020

Busted: ASIC Freezes Websites & Bank Accounts of 2 “Ponzi Schemes”

Matthew Alan Beresford has been arrested and charged in connection with the alleged schemes.

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