Month: October 2021

In this article NXPI GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC Semiconductor manufacturer GlobalFoundries debuted on the Nasdaq this week, valued at over $25 billion, as it became increasingly evident that a global chip shortage could persist through 2023 or later. Now GlobalFoundries needs to convince public market investors that the company is
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Facebook is now called Meta, the company said on Thursday, in a rebrand that focuses on building the “metaverse,” a shared virtual environment that it bets will be the successor to the mobile internet. The name change comes as the world’s largest social media company battles criticisms from lawmakers and regulators over its market power,
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12 people have been detained as part of an international law enforcement operation for orchestrating ransomware attacks on critical infrastructure and large organizations that hit over 1,800 victims across 71 countries since 2019, marking the latest action against cybercrime groups. The arrests were made earlier this week on October 26 in Ukraine and Switzerland, resulting
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Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Coinbase BTC buyers step up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000. Friday saw strong performance after U.S. traditional markets opened, helping lift Bitcoin to
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Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets such as quarterly sales updates, relevant XRP-related announcements and commentary on market developments over the previous quarter.  As an XRP holder, Ripple believes proactive communication and transparency are part of being
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On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an
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Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned. Earlier this month, cryptocurrency exchange announced on its website that it will settle all futures, contracts, and other derivatives activities for all Chinese consumers today, as part of the larger plan to cease operations in the country. According
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Telecom giant AT&T and Mountain View, California-headquartered AI cloud company H2O have jointly launched an artificial intelligence feature store for enterprises. The repository, available as a paid software platform, enables data scientists, developers, and engineers to discover, share, and reuse machine learning features to speed up their AI project deployments. According to the companies, it
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The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with a somewhat novel approach that incorporates features from P2E gaming, NFTs and decentralized finance (DeFi).
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