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Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone down since the boom year of 2017. Continue reading Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

OKCoin Lists Tron Cryptocurrency, Claims it’s not a Security

OKCoin is adding Tron to its crypto exchange today. Not to be confused with OKEx, which is a futures platform founded by the same people, OKCoin primarily focuses on traditional swaps and allows for bank deposits. Continue reading OKCoin Lists Tron Cryptocurrency, Claims it’s not a Security

Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a “peaceful revolution.” Song made the remarks during an interview with RT’s business host Max Keiser. Continue reading Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle

A multi-platform, multi-continent scam roped in hundreds of people for at least $1,000 each over the course of 2017 and 2018. The old Cloud Mining exit scam in the extreme. An altcoin called “Bitcoin 2nd Generation,” B2G or Bitcoiin2G came out of the charade with actor Steven Seagal reportedly endorsing the cryptocurrency. The B2G ICO (Initial Coin Offering) culminated in New Jersey, where The New Jersey Bureau of Securities cracked down on B2G advertisement in the state. A company called Dragon Mining is allegedly behind the whole scheme, possibly including B2G itself. Continue reading Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle