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Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new…

Continue ReadingReport Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund

Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency.…

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Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’

According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the…

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Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets

On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last…

Continue ReadingCelsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets