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TSMC halts AI chip supply to Bitmain-linked firm amid U.S. investigation
TSMC has cut off chip supplies to Xiamen Sophgo, a Chinese company tied to Bitmain’s co-founder Micree Zhan. The world’s largest chipmaker made this move while facing scrutiny from the U.S. Commerce Department, which is investigating possible violations of sanctions imposed on Huawei. Sophgo had been sourcing chips from TSMC that closely resemble ones in […]Cryptopolitan
Sat, Oct 26
Resident Evil PS5 players get a surprise announcement from Capcom
Capcom is bringing physical Resident Evil editions for PS5 players. The physical editions will be for Resident Evil 2, Resident Evil 3, and Resident Evil 7 respectively. The release of their physical copies is scheduled for this season. Through 2022, the same titles became digitally available on PS5 adding much value to the gaming console. […]Cryptopolitan
Sat, Oct 26
Cardano founder Hoskinson sees DeFi on Bitcoin surpassing Ethereum and Solana
Cardano founder Charles Hoskinson believes the Bitcoin network could become home to the biggest decentralized finance (DeFi) ecosystem. In a post on X, Hoskinson said DeFi on Bitcoin could be bigger than Ethereum and Solana’s. The statement follows the integration of Cardano into the Bitcoin ecosystem through the BitcoinOS Grail Bridge. The founder earlier posted […]Cryptopolitan
Sat, Oct 26
ECB should be flexible about rates since the economy is down, says Klaas Knot
ECB Governing Council member, Klaas Knot says that the ECB should be flexible in its strategy involving interest rates because of the rising uncertainty in the economy. “In this environment with significant uncertainty about the supply side of the economy, it is important to keep all options open,” said Knot who is also the head […]Cryptopolitan
Sat, Oct 26
TON holders expected to top Ether’s by year-end
TON (The Open Network) is on track to overtake Ether in holder numbers by the end of the year. According to Maarten, a Community Analyst at CryptoQuant, TON has attracted around 500,000 new holders daily over the past month, pushing its total count to 112 million. With Ethereum at 137 million holders, TON’s rapid rise […]Cryptopolitan
Sat, Oct 26
BRICS’ de-dollarization goal – Why it’s still out of reach
The BRICS nations (Brazil, Russia, India, China, and South Africa, plus new members like the UAE, Egypt, Ethiopia, and Iran) have been fired up about ending reliance on the US dollar. At this year’s summit in Kazan, Russia, President Putin pushed hard for de-dollarization, yet summit attendees were told to bring US dollars or euros. […]Cryptopolitan
Sat, Oct 26
FTX settles $228M dispute with Bybit, customer payouts next?
FTX Trading Ltd. has reached a $228 million settlement with Bybit Fintech Ltd. to end the legal battle between both entities. This move will allow FTX to recover assets from Bybit’s exchange. As part of the deal, the defunct exchange will get back $175 million in digital assets plus sell $53 million in BIT tokens […]Cryptopolitan
Sat, Oct 26
Vitalik Buterin outlines plan to make Ethereum purge
Ethereum’s creator Vitalik Buterin announced the network’s next step, which happens to be cutting off the extra weight. He calls it “The Purge.” In the fifth blog post of his series, Vitalik laid out a ruthless plan to eliminate blockchain bloat, eliminate redundant features, and streamline the protocol. Ethereum’s network is clogged with outdated transactions […]Cryptopolitan
Sat, Oct 26
Stuck between BRICS and the US: Nigeria’s economic dilemma
Nigeria, one of the largest economies in Africa, has become a partner country in the BRICS. In the same week, the United States released a statement reiterating its relationship with the West African country. Nigeria’s new BRICS partnership and geopolitical alignment with the US puts the nation in a challenging position. The first warning sign […]Cryptopolitan
Sat, Oct 26
Polymarket founder defends platform’s integrity amid election betting surge
Polymarket founder Shaye Coplan has described the prediction platform as strictly non-partisan. Coplan’s post on X is in response to a recent piece by the New York Times about the Polygon-based platform. The NYT article spotlighted Polymarket, highlighting its 64% odds of Trump winning the election and how the platform has enjoyed the support of […]Cryptopolitan
Sat, Oct 26
