ASIC

Leading chip manufacturer Intel Corp. (NASDAQ:INTC) entered the Bitcoin (CRYPTO: BTC) mining hardware market with its Blockscale chip line but ended it after only a year of operation. What Happened: In April 2022, Intel launched Blockscale, a set of application-specific integrated circuits designed...

The semiconductor landscape is on the brink of a significant transformation, and leading the charge are industry giants Broadcom Inc (NASDAQ:AVGO) and Marvell Technology Inc (NASDAQ:MRVL). JPMorgan analyst Harlan Sur predicts that the custom chip (ASIC) market will surge to a $20-30 billion market...

Australia's market regulator, the Securities and Investments Commission (ASIC), has initiated legal proceedings against Etoro, the online investment platform. EToro's contract for difference (CFD) product, ASIC alleges, has breached design and distribution obligations and violated eToro...

Monochrome Asset Management, a cryptocurrency investment firm, announced on Friday that its partner Vasco Trustees revised its application with the Australian Securities Exchange (ASX) to offer a spot Bitcoin (CRYPTO: BTC) ETF. An official statement issued by the company stated ...

The Australian Securities and Investments Commission (ASIC) has revoked Binance's (CRYPTO: BNB) license for its derivatives operations in the country while it examines the group's local activities, as per an announcement on Thursday. Binance Australia confirmed in a tweet that its...

Australia's securities regulator, the Australian Securities and Investments Commission (ASIC), has initiated a "targeted review" of Binance, the world's largest cryptocurrency exchange.  What Happened: The review focuses on Binance's local derivatives business, including...

Technology investors always need to keep up with the latest market developments, and the cryptocurrency market is one of the most rapidly evolving fields. In a new report Thursday, Bernstein analyst Mark Li provides an update on cryptocurrency mining technology and the semiconductor stocks that are...

NVDIA Corporation (NASDAQ: NVDA) fell about 2 percent Wednesday after Bitmain announced its highly anticipated application-specific integrated circuit (ASIC) for cryptocurrency mining. The company said the new ASIC will be available in July. This could be bad news for Nvidia and its GPU sales, but...

Bitmain officially announced its highly anticipated application-specific integrated circuit (ASIC) for cryptocurrency mining. The company said the new ASIC will hit the market in July, and it could be bad news for the GPU sales of Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (...

Cryptocurrencies have spawned several cottage industries, and one is the manufacture of chips for cryptocurrency mining.   Cryptocurrency is a form of digital money meant to be used as a medium of exchange, and it uses cryptography to secure and verify transactions, as well as to...