Bitmain denies connection to US supply chain investigation linked to Huawei chips

Bitmain denies affiliation with controversial chip supply chain and upholds legal compliance.

Oct 28, 2024

Happy Monday!

The global crypto market cap is $2.32 trillion, with a 24-hour volume of $69.85 billion. The price of Bitcoin is $68,832.39, and BTC market dominance is 58.5%. The price of Ethereum is $2,513.03, and ETH market dominance is 13.0%. The best-performing sector is Fan, which gained 14%. The Crypto Fear & Greed Index is currently Greed (72).

LATEST SLATECAST 🎙️ Sunny Aggarwal’s vision for seamless cross-chain trading with Polaris

Bitmain has distanced itself from a US supply chain investigation linked to Huawei chips, asserting its commitment to legal compliance. Meanwhile, Coinbase has launched an innovative tool called 'Based Agent,' enabling users to create autonomous AI agents in under three minutes, enhancing the integration of AI in crypto. In other news, Metaplanet has emerged as the 19th-largest Bitcoin holding firm, now possessing over 1,000 BTC, with CEO Simon Gerovich hinting at plans for further acquisitions to strengthen its market position. Stay tuned for more insights on these developments!