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Within a year of launching its Blockscale 1000 Series ASICs, Intel has continued to discontinue this product but shall take orders for the same up to October 20, 2023. A year after Intel officially announced the sale of its Bitcoin mining Blocksale ASICs, the company finally took the decision to
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Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022.Meta’s Q4 earnings released on Feb. 1 show Reality Labs lost $13.7 billion in 2022 — the largest ever yearly losses
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The arrest of European Parliamentarian and cryptocurrency proponent Eva Kaili has been labeled as a blow to the ecosystem by prominent blockchain industry participants.Kaili, one of 14 European Parliament vice presidents, was arrested and charged on Dec. 10 by Belgian prosecutors that are investigating allegations of corruption, money laundering and
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Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move below $1,150. Ethereum started another decline and traded below the $1,200 support. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a
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Economic Calendar: ADP Employment, which measures job creation among private U.S. businesses, grew by 208,000 in September, versus consensus estimates of 200,000, and a 12% increase over the 185,000 jobs created in August. According to the report, annual pay increased 7.8% for workers who stayed at their jobs, while wages
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Ethereum has experienced a mild setback after breaking the important barrier at $2,000 and continues to trade in the green over today’s trading session. The cryptocurrency is leading the current crypto market relief and sees poised for further gains. At the time of writing, Ethereum (ETH) trades at $1,980 with a
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A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’
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Ripple failed to clear the $0.2500 resistance and corrected lower against the US Dollar. XRP price must stay
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