Micron, Samsung, and SK Hynix have been hit with a class-action lawsuit in the US, accused of violating antitrust laws.
2 hours ago
Last Friday, a class-action lawsuit targeting Samsung Electronics, SK Hynix, and Micron Technology was filed with the U.S. District Court for the Northern District of California. The plaintiffs, including consumers and small businesses, allege the three companies violated antitrust laws by coordinating to restrict traditional DRAM production capacity, artificially creating shortages and driving up prices. Data cited in the complaint shows that these coordinated actions have led to a roughly 700% cumulative rise in commercial DRAM prices over the past four years, causing widespread impacts on global consumer electronics and commercial IT procurement. Apple’s recent large-scale price hikes for iPads and Macs are cited by the plaintiffs as a typical example of price transmission: the supply gap created by the three chipmakers at the upstream manufacturing stage has been passed down through the industrial chain, ultimately burdening end consumers.
Following MicroStrategy’s announcement of its new plan, Bitcoin initially rallied then pulled back, and is now once again trading below $60,000.
1 minutes ago
Circle: USDC Becomes the First Stablecoin Supported by BNY’s Digital Asset Custody Platform
1 minutes ago
He Yi on "freezing Satoshi Nakamoto’s Bitcoin after anti-quantum upgrade": This is not CZ’s original idea; his intent is to spark broader discussion.
1 minutes ago
BitMine added 27,084 ETH to its holdings last week, bringing its total ETH holdings to around 5.7 million.
1 minutes ago
Strategy did not buy any Bitcoin last week.
1 minutes ago
MicroStrategy is poised to halt its decline, Bitcoin accelerates its recovery, surging over 1% in the past hour.
1 minutes ago
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