Bitmain accused of illegally poaching engineers by officials in Taiwan

In a perhaps not-so-surprising development, it is being reported that officials at the central bank of Taiwan and the Financial Supervisory Commission have issues a warning against the use of bitcoin in Taiwan. The move comes as a number of other nations have themselves issued warning on the use of the digital currency, but also includes that Taiwanese officials may be inclined to intervene in the digital currencies movement if financial institutions engage with bitcoin. It's unclear just what this means, but for now, it looks like the use of bitcoin to buy and sell goods and services in....

While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks, reports note that the global economy could crater if there’s a Chinese military attack on Taiwan. Nancy Pelosi Is Visiting Taiwanese President Tsai Ing-wen This Week Despite Taiwan’s Tensions With China ....

Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for the Mining Rig Manufacturer Bitmain Faster bitcoin mining rigs manufactured by Bitmain may be coming at the end of 2021 or possibly next year. A recent report published by digitimes.com says....

Australian bitcoin payments startup BitPOS is teaming up with the International Anti-Poaching Foundation (IAPF) to help save Africa's endangered wildlife from hunters. It's the latest campaign aiming to demonstrate how bitcoin companies can raise money for a cause and give digital currency a friendlier public face in the process. A similar campaign by South African exchange iceCUBED, started last month, has already raised over 2.4 BTC for a Botswana children's charity, and is ongoing. Anti-Poaching Campaign. So far, the partnership between BitPOS and the IAPF has been a success, with....

Australian Point-of-Sale provider BitPOS and the International Anti Poaching Foundation (IAPF) have teamed up to offer bitcoin donations in the struggle to combat poaching in Africa's wilderness. Bitcoin is particularly beneficial for charitable organizations, particularly those doing work in remote locations where the infrastructure for the receipt of funds is lacking. Bitcoin donations have several advantages over traditional methods: the speed of transfer, a truly international reach, and the frictionless nature of donations means the IAPF is able to capture donations easily from all....