US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power

The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies. The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining. According to the indictment initially filed on […]

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US SEC Reaches $10 Million Settlement with Digital Assets Issuers

The United States Securities and Exchange Commission reaches $10 million settlement with a Dallas-based digital assets company and its founders. The United States Securities and Exchange Commission (SEC), a primary governmental regulator, has settled charges with digital assets company Bitqyck Inc. and its founders. Smart contracts and crypto mining? The SEC announced the development in […]

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Bitmain Chip Supplier Faces Infringement Lawsuits From Competitor

GlobalFoundries, the world’s second-biggest semiconductor foundry by sales after TSMC, has filed multiple infringement lawsuits against its competitor. TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement  GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits […]

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