Bitmain’s Antminer T21 to Debut Shipping in January 2024
Bitmain, a leading global manufacturer of Bitcoin application-specific integrated circuits (ASIC), has released the Antminer T21, a new air-cooled Bitcoin miner featuring a computing power of 190 TH/s, an energy efficiency ratio of 19 J/TH and is set to begin shipping in January 2024. Bitmain took to Twitter on October 26 to announce the global […]
Circle Launches ‘Points-to-crypto’ Program With Taiwanese FamilyMart
Stablecoin issuer Circle has partnered with FamilyMart, Taiwan’s second-largest convenience store chain, and BitoGroup, a local cryptocurrency exchange, to allow FamilyMart customers to exchange loyalty points for the Circle-issued USDC. According to the company’s press release from October 26, the FamilyMart app will feature a new “Points-to-Crypto” service. This will enable FamilyMart customers to exchange […]
JPM Coin Processes Daily Transactions Worth Over $1B – Exec
Takis Georgakopoulos, the global director of payments at JPMorgan, disclosed that the company handles daily transactions over $1 billion using its digital asset, JPM Coin. In an interview with Bloomberg TV on October 26, Georgakopoulos identified three significant inefficiencies of the current payment systems: JPMorgan is attempting to address these three issues with its digital […]
Meta Faces Lawsuit from Americans Over Child Safety
A coalition of 34 American states has filed a lawsuit against the social media giant Meta, accusing Facebook and Instagram of improperly manipulating juveniles who use their platforms. This development coincides with accelerated advances in text and generative artificial intelligence (AI). Legal representatives from several states, including California, New York, Ohio, South Dakota, Virginia, and […]
Ripple’s CTO Post Sparks Reactions on X Crypto Community
A few cryptic posts by Ripple’s chief technology officer (CTO) on X (previously Twitter) have pitched the crypto community into a series of guessing games. David Schwartz , chief technology officer of Ripple, authored one of these posts. He published a photograph of a frog resting on a lily pad with a water lily flower […]