Despite her previous love-hate relationship with golf legend Tiger Woods, Paige Spiranac appears to have become a staunch advocate for him

BERLIN--(BUSINESS WIRE)--Sep 1, 2023--

Bitcoin is trading at its highest level in more than 18 months, with its price up more than 100 per cent since the start of 2023. The rally has pushed bitcoin’s market cap above $700 billion and the overall crypto market close to $1.5 trillion. The figure is still a long way from its all-time high of around $3 trillion, which was reached at the end of 2021, however some crypto analysts believe the recent gains are the beginning of another record-breaking run. Bitcoin’s hash rate – which denotes how much computing power is required to verify transactions and generate new units of the cryptocurrency through a process called mining – hit a record high this week, according to data from Blockchain.com. This signals a resilient network, with hopes of future price gains attracting an increasing number of miners. Recent reports have revealed significant investment in cryptocurrency mining from both state-backed and commercial ventures. Tether, the issuer of the stablecoin USDT is planning to invest $500 million in mining, while satellite imagery analysed by Forbes suggests Bhutan’s government is establishing a massive bitcoin mining operation in the foothills of the Himalayas. Separate data reveals that miners have been profiting from cheap energy sources to reduce their average BTC production cost by 35 per cent from $21,100 to $13,800. “This data underscores a considerably stronger profitability in the mining sector compared to the challenges experienced throughout 2022 and part of 2023,” said research analyst Matteo Greco from the fintech investment firm Fineqia International. In roughly six months, bitcoin will undergo an event known as a “halving”, which will see the amount of new bitcoins awarded to miners cut by half. The event was hardcoded into bitcoin’s underlying blockchain by its pseudonymous creator Satoshi Nakamoto, who introduced it as an anti-inflationary measure when the cryptocurrency first launched in 2009. Taking place approximately every four years, the build up to the halvings have traditionally been the most profitable time for crypto investors. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ trading strategy,” Dutch crypto trader PlanB wrote earlier this year. “The next halving is April 2024... Will this strategy work again?” Read More Google issues one-week deadline to Gmail account holders UK and South Korea issue warning over North Korea-linked cyber attacks Researchers warned of dangerous AI discovery just before OpenAI chaos Crypto experts predict which bitcoin rivals to look out for

On the face of it, an electric vehicle with a manual transmission makes no sense. EVs don’t have

Cyclone Biparjoy made a landfall on Thursday as India and Pakistan evacuated more than a hundred thousand people

Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make "cutting edge" components for wirelessly connecting...

TOKYO Japan's Panasonic Holdings posted a 42% rise in first quarter operating profit on Monday, buoyed by a

SANTA ROSA, Calif.--(BUSINESS WIRE)--May 10, 2023--

Apex Legends Revenant Reborn's abilities have leaked ahead of Season 18, and the reworked Legend is set to have a new Passive, Tactical, and Ultimate.

(Reuters) -Meta Platforms said on Tuesday it has begun the process to end access to news on Facebook and Instagram

Elon Musk contracted malaria while on safari in South Africa in 2000 and almost died, a new biography has claimed. Walter Isaacson detailed the billionaire’s near-death experience in a new biography published this week. Mr Musk contracted malaria during a holiday in South Africa after being ousted as CEO of PayPal by Peter Thiel in October 2000. It was Mr Musk’s first time back in his native South Africa since leaving for Canada aged 17, Mr Isaacson wrote. During his trip, Mr Musk and his then-wife Justine Musk went to a game reserve. When he returned to California in January 2001, Mr Musk reportedly began to feel dizzy and experienced recurring waves of chills and started throwing up in an emergency room, leading to him being wrongly diagnosed with viral meningitis. The billionaire’s condition worsened until his “pulse was barely perceptible,” according to the book. Mr Musk was only diagnosed with malaria after a doctor with expertise in infectious diseases passed by his bed at Sequoia Hospital in Redwood City and realized he had a potentially fatal form of the disease that can affect the central nervous system or cause “acute respiratory distress,” according to the Centers for Disease Control and Prevention. Mr Isaacson described how it took Mr Musk five months to fully recover after he was put in intensive care for 10 days and treated with doxycycline and chloroquine. An email written by the head of human resources at X.com — later Paypal — to Mr Musk’s former business partners Peter Thiel and Max Levchin described how he was “actually only hours from death,” the biography revealed. The Tesla CEO’s mother Maye Musk described the ordeal as “terrifying”. “I remember your malaria infection very clearly. You were unconscious, yellow and shivering for days. Tubes were going in and out of you. It was a terrifying time. Modern medicine saved you,” she wrote on X, formerly known as Twitter. While he was in hospital, Mr Musk’s then-colleagues found he’d taken out a life insurance policy worth $100 million on behalf of X.com. “If he had died, all of our financial problems were going to be solved,” Mr Thiel reportedly told Isaacson. Mr Musk told Isaacson: “Vacations will kill you. Also, South Africa – that place is still trying to destroy me.” The tech mogul co-founded online bank X.com in 1999. The company merged with another payment system, Confinity, which was co-founded by Thiel and Levchin, and was renamed PayPal. Isaacson was given access to the Tesla and SpaceX CEO over the past two years, which culminated in Mr Musk’s biography being published this week. The writer spoke with several figures close to Mr Musk while writing the biography, including his ex-girlfriend Grimes and his former wives Tallulah Riley and Justine Musk, as well as his estranged father. So far, the book has also claimed Musk and Grimes secretly welcomed a third child, in addition to X and their 22-month-old daughter Exa Dark Sideræl. However, it was not immediately clear when their second son, named Techno Mechanicus or “Tau”, was born. In the biography, Isaacson also writes that the tech mogul’s brother Kimbal Musk and his friends “hated” ex-girlfriend and actor Amber Heard so intensely, it “made their distaste for Justine [Musk’s first wife] pale”. One review by The New York Times said Isaacson’s biography stitches together a portrait of a Mr Musk as a “mercurial ‘man-child’”. Read More Grimes says Elon Musk was ‘clueless’ about why she was upset by C-section photo Elon Musk ‘hardly remembers’ his own ‘demon-like’ episodes, biographer claims Book Review: 'Elon Musk' offers a revealing but not surprising portrait of tech mogul Elon Musk makes prediction for imminent Starship launch Twitter rival Bluesky hits new milestone Putin praises Musk days after report Tesla boss stopped Ukrainian attack

SYDNEY--(BUSINESS WIRE)--May 29, 2023--