Author: NBTC
TSMC’s halt on Sophgo chip supplies amid a U.S. probe could disrupt China’s AI and mining chip markets. TechInsights reports Huawei’s new AI chip, made by TSMC, potentially violating U.S. tech export controls. Bitmain’s global plans face hurdles as tighter U.S. controls threaten advanced chip access for its affiliate, Sophgo. TSMC suspended chip supplies to Xiamen Sophgo, an AI chipmaker linked to Bitmain after the U.S. Department of Commerce launched an investigation. This probe is examining potential sanctions violations regarding Huawei, which has been under restrictions since 2020. Consequently, TSMC’s action against Sophgo, reportedly led by Bitmain co-founder Micree Zhan,…
Oasys, a blockchain network focused on the gaming industry, has commenced a new collaboration with Miracle Play, a top esports tournament forum. The partnership between Oasys and Miracle Play targets to revolutionize the esports sector in Japan and so on with the integration of blockchain technology, creating an efficient, more immersive, and fairer tournament experience. Miracle Play 🤝 OasysWe’re thrilled to announce that the esports tournament platform @miracleplaygg has teamed up with #Oasys to elevate Web3 esports in Japan and beyond 🎮🌍.Get ready for a fairer and more thrilling tournament experience!🔥 https://t.co/3q5mj2FNa1 — Oasys | Blockchain for Games (@oasys_games) October…
On Sept. 9, crypto trader and analyst ‘Daan Crypto Trades’ told his 382,000 X followers that this cycle is not like previous ones as BTC made a new high before the halving but has stalled since. However, it is still ahead of where previous cycles would be relative to those highs, he said before adding: “That’s why I feel like these past 6+ months are not that odd.” The Bitcoin correction from its all-time high currently stands at 25.6%, which is relatively small compared to previous pullbacks. #Bitcoin This cycle is like no other. Price made a new all time…
Yesterday, Catizen, a well-known mini-game in the Telegram ecosystem, successfully completed the distribution of its crypto airdrop. The project has launched its governance token CATI on the major centralized exchanges, attracting a lot of participation from traders. At the debut, the project is valued at approximately 950 million dollars: these numbers could support another wave of hype in the world of free airdrops. Let’s see all the details below. The game of Telegram Catizen and the airdrop to the crypto community Listing of CATI on major crypto exchanges: debut with 950 million FDV The trend of free airdrops to farm…
Treasury Secretary Yellen To Unveil ‘Strong’ New Global Sanctions As BRICS Nations Russia and China Push To Forge Deeper Ties: Reports
BRICS founding members Russia and China are reportedly looking to build deeper economic relations. At the 16th BRICS summit, Russian President Vladimir Putin and Chinese leader Xi Jinping engaged in talks to bolster trade partnerships in an effort to create a “fair world order,” reports the South China Morning Post. According to Putin, the alliance between the two economic powerhouses could serve as a grounding influence amid volatile conditions on the world stage. “Russian-Chinese cooperation in global affairs is one of the main stabilizing factors on the world stage. We intend to further increase coordination at all multilateral platforms in…
REI Network has announced a partnership with Whistle. This exciting news was shared on REI Network’s X account. This collaboration combines REI’s zero-fee blockchain with Whistle’s innovative social ecosystem. The purpose is to improve the interaction of users with digital products. Earlier REI partnered with Upton Finance. We’re thrilled to announce REI Network’s collaboration with @whistle_web3! By combining REI’s high-performance, zero-fee blockchain with Whistle’s innovative social ecosystem, we’re pushing the boundaries of digital experiences. 🎥Together, we empower seamless user interactions… pic.twitter.com/yEtu8Geocu — REI Network|From #GXChain! (@GXChainGlobal) October 25, 2024 Whistle and REI Network Focus on Improving User Experiences In this…
Bitcoin is currently facing a pivotal moment as its price hovers around critical resistance levels. At present, Bitcoin is trading near $55,000, and the next few days may determine its trajectory. Should Bitcoin fail to break above the key $58,000 resistance, a pullback towards $48,000 could be imminent. Bitcoin Price Risks $48,000 If Support Fails Market sentiment has been heavily influenced by macroeconomic factors, including inflation concerns, Federal Reserve policies, and broader economic indicators. The ongoing uncertainties surrounding US monetary policy, particularly the likelihood of interest rate cuts, have further muddied the waters. As inflation remains high and the labor…
Shiba Inu investors could see their holdings skyrocket by as much as 11,783% in the long term if SHIB’s market cap rises to clinch the $1 trillion threshold. The crypto market is currently showing signs of a rebound, and Shiba Inu has leveraged this trend to recover some lost values. For context, SHIB previously witnessed a three-day loss of 5.69% from Sept. 14 to 16, culminating in a drop to the psychological support at $0.00001300. SHIB Sees Renewal of Optimism However, as the market recovered, Shiba Inu has since recorded four consecutive days of gains. Within this period, the dog-themed…
Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring. State Authority Over Digital Currency Grows as Russia Publishes New Law The Russian government released a document on Friday detailing a law signed by President Vladimir Putin that broadens the scope of digital currency regulations. This new law significantly extends government oversight of cryptocurrency mining activities and related infrastructure across the nation. Taking effect on Nov. 1, the legislation includes several amendments designed to strengthen oversight and impose limitations on crypto mining activities based on regional needs. The law enables the Russian government…
Secret Network has recently announced a new partnership with Aurora. As per Secret Network, the collaboration includes the integration of its Confidential Computing Layer with the next-generation blockchain Aurora which operates on the NEAR Protocol, offering confidential computing support, documentation, and tooling. The platform disclosed this development on its official social media account. ICYMI: Secret’s Confidential Computing Layer is now integrated with @auroraisnear, bringing confidential computing tools, documentation, and support to the Ethereum-compatible ecosystem on @NEARProtocol 👇https://t.co/KsYEBbByoQ — Secret Network (@SecretNetwork) October 25, 2024 Secret Network’s New Partnership Offers Complete Support to Aurora by Integrating Confidential Computing Layer In addition…