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Samsung's now making chips designed for cryptocurrency mining A spokesperson for the firm told TechCrunch: "Samsung's foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers." These chips are known as ASICs, or application-specific integrated circuits.
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Japanese App Provider Line Corp to Launch Cryptocurrency Services The cryptocurrency services will be made available via Line Pay app – the corporation's mobile money payment and transfer app. Last year, Line Pay saw overall volume of annual transaction rise to almost 450 billion Japanese yen ($4,135,500,000), and registered users hit 40 million, the release claims ...
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Facebook Bans Cryptocurrency Ads On Tuesday, Facebook brought the hammer down on "misleading financial products" on Tuesday. The social media platform effectively banned any and all advertisements for cryptocurrency exchanges, initial coin offerings, and binary options trading from any Facebook platform. That includes Facebook ...
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Cryptocurrency investors risk "total loss" Deutsche Bank Wealth Management is advising clients not to invest in cryptocurrencies, Markus Mueller, Global Head of the Chief Investment Office, said in an interview with Bloomberg News this week. The risks include high volatility, possible price manipulation and data loss or theft, Mueller told ...
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