Supporters of Bitcoin developer Luke Dashjr are preparing to launch a separate blockchain using the BLAKE2b proof-of-work algorithm on September 1, following the failure of the BIP-110 minority branch which used Bitcoin's SHA-256 algorithm and attracted minimal mining support. The original BIP-110 aimed to limit nonfinancial data on Bitcoin but did not propose changing the mining algorithm. The new chain will be a hard fork with a different mining system, requiring new hardware and lacking support from major exchanges, wallets, or Lightning implementations so far. Its success depends on attracting miners and infrastructure support, and it faces technical challenges like replay protection and wallet compatibility. Until then, it remains uncertain if this fork will impact Bitcoin's dominant chain.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
EJ Antoni, chief economist at the Heritage Foundation, cautions that imposing tariffs on semiconductor imports now could increase chip prices before new US manufacturing plants are operational. With major US fabs like Micron's Boise facility not expe...
Pi Network's PI token surged to $0.11 following the announcement of the Protocol 26 upgrade on its Mainnet but quickly fell 18% to close at $0.09 as traders took profits. The token struggled to maintain gains above the key $0.10 resistance level, whi...
Marvell Technology has surged 188% this year and is poised for another significant move with a key earnings report approaching. The company raised its revenue outlook, driven by exceptional AI-related bookings and growth in custom silicon and interco...
Genpact has named Priya Vijayarajendran as Chief Product and Platform Officer to drive its transition from service delivery to owning scalable, IP-led agentic solutions. With her extensive background in AI and technology leadership at ASAPP, Microsof...
