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Valve Addresses Rampant Cheaters in Deadlock With Unorthodox 'Frog Anti-Cheat' in Latest Update

Valve's latest third-person MOBA-like hero shooter, Deadlock, has had a pretty serious cheater problem, despite still being an invite-only public test. While the game has thus far operated on a player reporting system to identify and punish cheaters, a recent game patch has introduced a rather comical—and seemingly effective—anti-cheat system that can either ban cheating players or turn them into frogs until the end of the match.

Valve says that the new anti-cheat system is set up to be fairly conservative at the moment to avoid any false positives. Aside from the new anti-cheat, Deadlock's September 26 update introduced a new hero, Mirage, whose design and gameplay seem rooted in the jinn from Arabic myths (aka djinn or genie) and added a pretty vast collection of gameplay updates, balances, and quality-of-life improvements throughout the game.

Cheaters Ruin Valve's Deadlock Before New Arena Shooter Even Launches Despite Harsh Punishments

Valve's latest arena shooter Deadlock has been generating hype for a long time, with recent concurrent player counts exceeding 170,000 at one point, according to SteamDB. More recently, however, reports indicate that cheaters are already invading Deadlock, despite the fact that the game is still in invite-only public alpha testing.

As shown in a recent Reddit post containing a kill-cam video from Deadlock, a supposed cheater very brazenly appears to use a wall hack to track an enemy through a wall and pre-emptively dodge an attack. In the clip, the gamer who spotted the alleged infraction, this isn't even the first time they have encountered the same cheater in-game, and there are countless reports on both Reddit and the Deadlock forum reporting similar experiences.

China Bans AMD and Intel CPUs from Government Systems

According to a report by the Financial Times, China has banned the use of Intel and AMD chips in government computers. The decision, which aims to reduce reliance on foreign technology and boost domestic semiconductor production, is expected to have far-reaching implications for the global tech industry and geopolitical relations. The Chinese government has instructed PC suppliers to replace foreign-made CPUs with domestic alternatives in all government computers within the next two years. This directive is part of China's broader strategy to achieve self-sufficiency in critical technologies and reduce its vulnerability to potential supply chain disruptions or geopolitical tensions. The ban on Intel and AMD chips is likely to significantly impact the two companies, as China represents a substantial market for their products.

However, the move also presents an opportunity for Chinese semiconductor manufacturers like Loongson and Sunway to expand their market share and accelerate the development of their next-generation chip technologies. By reducing its dependence on foreign technology, China aims to strengthen its position in the global tech landscape and mitigate the risks associated with potential sanctions or export controls. As China pushes for self-sufficiency in semiconductors, the global technology industry will likely experience a shift in supply chains and increased competition from Chinese manufacturers. This development may also prompt other countries to reevaluate their reliance on foreign technology and invest in domestic production capabilities, potentially leading to a more fragmented and competitive global tech market.

German Court Prohibits Intel Processor Sales Amid Patent Dispute

According to Financial Times, a regional court in Düsseldorf, Germany, created a significant setback for Intel on Wednesday, issuing an injunction prohibiting sales of some of its processors due to allegations they infringe on a patent held by R2 Semiconductor. R2, a technology firm based in Palo Alto, California, accused Intel of violating its patent related to processor voltage regulation. The ruling applies to Intel's 10th, 11th, and 12th generation Core processors, known as Ice Lake, Tiger Lake, and Alder Lake, as well as its Ice Lake Xeon server SKUs. Newer processors generations (13th, 14th, etc.) don't infringe the patent. Even though Intel noted that it plans to appeal the decision, the ramifications could extend beyond the company itself. Industry experts warn the court order could lead to a sweeping ban on products containing the disputed Intel chips, including laptops and pre-built PCs from major manufacturers like HP and Dell. R2 has waged an ongoing legal fight across multiple jurisdictions to defend its intellectual property.

After initially filing suit against Intel in the United States, R2 shifted its efforts to Germany and other European countries after its patent was invalidated stateside. Intel strongly denied R2's patent infringement claims, alleging the company's entire business model relies on extracting legal settlements through serial litigation. Intel believes the injunction serves only R2's financial interests while harming consumers, businesses, and the economy. The two firms traded barbs in official statements about the case. R2's CEO, David Fisher, rebuffed Intel's characterization of his company, saying it has only targeted Intel for infringement of its clear IP rights. As the war of words continues, the practical impact of the German court's decision remains uncertain, pending Intel's appeal. However, the preliminary injunction demonstrates the massive financial consequences at stake in battles over technological patents.

United States Ease Stance on NVIDIA AI Chip Exports to China

The United States is softening restrictions on the significant GPU maker NVIDIA, selling artificial intelligence chips to China. While still limiting advanced chip exports deemed strategically threatening, Commerce Secretary Gina Raimondo clarified this week that NVIDIA could supply some AI processors to Chinese commercial companies. Previously, Raimondo had sharply criticized NVIDIA for attempting to sidestep regulations on selling powerful GPUs abroad. Her comments followed rumors that NVIDIA tweaked chip designs to avoid newly imposed export controls narrowly. However, after discussions between Raimondo and NVIDIA CEO Jensen Huang, the Commerce Department says NVIDIA and other US firms will be permitted to export AI chips to China for general commercial use cases. Exports are still banned on the very highest-end GPUs that could enable China to train advanced AI models rivaling American developments.

Raimondo said NVIDIA will collaborate with the US to comply with the export rules. Huang reaffirmed the company's commitment to adherence. The clarification may ease pressures on NVIDIA, as China accounts for up to 25% of its revenue. While optimistic about recent Chinese approvals for US joint ventures, Raimondo noted frustrations linger around technology controls integral to national security. The nuanced recalibration of restrictions illustrates the balances the administration must strike between economic and security interests. As one of the first big US technology exporters impacted by tightened restrictions, NVIDIA's ability to still partly supply the valuable Chinese chip market points to a selective enforcement approach from regulators in the future.

AMD's RX 7900 Series Enjoys Sales Increase in China Following NVIDIA Export Restrictions

A somewhat expected result of the November 17th export ban on RTX 4090 GPUs to China has been that AMD's top offerings; recently rumored to soon suffer the same fate, have been selling faster than AMD or its partners can make them. Predicting the worst, some OEMs such as Dell have allegedly already set their own self-imposed restrictions on the export of both Radeon and Instinct cards to China. Meanwhile insiders in board channels have not yet received any official warning that they can no longer sell RX 7900 XTXs or XTs to DIY markets, however vendors and consumers alike sense an oncoming storm and unable to get RTX 4090s are buying up as many of the high end Radeons as they can.

It's said that AMD's production capacity for this surge in sales has been underwhelming, and supply to Chinese board partners has been barely trickling in. This lack of incoming supply of the Radeon RX 7900 XTX and XT, restriction or not, is creating a shortage of cards in China that is expected to impact the remainder of Q4 2023 and much of Q1 2024. With no immediate restrictions expected for AMD's top cards it's possible that they could react and ramp up exports to cover the demand, however that could be risky if AMD is trying to avoid being targeted.

Dell Allegedly Prohibits Sales of High-End Radeon and Instinct MI GPUs in China

AMD's lineup of Radeon and Instinct GPUs, including the flagship RX 7900 XTX/XT, the professional-grade PRO W7900, and the upcoming Instinct MI300, are facing sales prohibitions in China, according to an alleged sales advisory guide from Dell. This restriction mirrors the earlier ban on NVIDIA's RTX 4090, underscoring the increasing export limitations U.S.-based companies face for high-end semiconductor products that could be repurposed for military and strategic applications. Notably, Dell's report lists several AMD Instinct accelerators, which are integral to data center infrastructure, and Radeon GPUs, which are widely used in PCs, indicating the broad impact of the advisory.

The ban includes discrete GPUs like AMD's Radeon RX 7900 XTX and 7900 XT, which, despite their data-center potential, may still be sold under specific "NEC" eligibility. This status allows for continued sales in restricted regions like sales of NVIDIA's RTX 4090. However, the process to secure NEC eligibility is lengthy, potentially leading to supply shortages and increased GPU prices—a trend already observed with the RX 7900 XTX in China, where it's become a high-end alternative in light of the RTX 4090's scarcity and inflated pricing. The Dell sales advisory also lists that sales of the aforementioned products are banned in 22 countries, including Russia, Iran, Iraq, and others listed below.

Enabling AMD Anti-Lag+ in Counter Strike 2 Will Get You Banned

With the release of AMD Software Adrenalin drivers version 23.10.1 WHQL, AMD has added Anti-Lag+ support for Counter Strike 2, but it appears that this will only result in a VAC (Valve Anti-Cheat) ban. Apparently, the Anti-Lag+ feature is implemented by detouring engine dll functions, and any tampering with CS code will result in a VAC ban.

Valve was keen to note that once AMD ships an update, it will work on identifying affected users and reversing the ban. Luckily, the Anti-Lag+ technology only works on Radeon RX 7000 series RDNA 3 graphics cards, so it could be a limited number of Counter Strike 2 players. The issue comes as a surprise considering that Anti-Lag+ has already been implemented in various games, including competitive ones like Apex Legends, PUBG: Battlegrounds, Fortnite, and others, and only has issues with Counter Strike 2 and its VAC system. Hopefully, AMD will fix the issue pretty soon and we will keep an eye out for an update.

US Wants ASML to Stop Product Shipments to China

ASML is one of the critical semiconductors companies, as they provide tools for making actual silicon. Located in the Netherlands, they are famous for their DUV and EUV lithography tools, used to etch designs onto silicon wafers. According to the report from Bloomberg, the United States governing body is negotiating with the Dutch government to restrict the export of ASML's products to China. This came to affection following US Deputy Commerce Secretary Don Graves's visit to the Netherlands to discuss supply chain issues and meeting with ASML Chief Executive Officer Peter Wennink. While these suggested export restrictions could be beneficial to the strategic placement of US against China, it would hurt ASML's revenue as sales in China accounted for a 16% share of the company's revenue in 2021.

It is recorded that the Chinese spending spree on tools has been the greatest among every country, lasting for two years in a row. By banning ASML from exporting its lithography tools to China, the US could theoretically halt Chinese plans for achieving the government's intended semiconductor independence. The talks with the Dutch government and ASML are still a work in progress, so we are yet to see if the deal is finalized. Additionally, it is worth pointing out that the major US semiconductor manufacturing tool makers like Applied Materials and Lam Research are already banned from exporting to China.

NVIDIA Acquisition of Arm Collapses, UK Company to Seek IPO

NVIDIA's long-awaited acquisition of Arm Ltd. is collapsing, confirm Financial Times and Reuters. According to the latest information, the deal is not happening, and the previously agreed terms are no longer valid. As we now know, NVIDIA will have to pay Softbank (Arm's owner) a break-up fee of $1.25 billion, which was the deal that the two settled on if the acquisition fails. NVIDIA has originally planned to purchase Arm for $40 billion. However, the regulators from UK and EU have been blocking the deal from happening on the terms that it would hurt competition and block innovation.

What is next for Arm Ltd. is to go public and list itself on one of the world's biggest stock exchanges, either domestically or overseas in the US. The IPO efforts of Arm are estimated to be worth around $80 billion, representing a double amount of what NVIDIA wanted to purchase the company for.

Update 08:35 UTC: Here is the official press release from NVIDIA and Softbank below:

Phanteks Previews Robotic-Looking Evolv Shift XT Case, Compact PSUs, and White Edition Products

Phanteks debuts a host of new products for the upcoming year at CES 2022 - The brand new Evolv Shift XT Mini-ITX Chassis and Revolt SFX Power Supplies, Matte White Editions for the Evolv X & Eclipse P600S Chassis, white SK PWM D-RGB Fans, white AMP Power Supply and a complete range of Gen4 PCIe Riser Cables and Gen4 Vertical GPU Bracket.

Brand new and unique Evolv Shift XT Mini-ITX Chassis and super compact Revolt SFX Power Supplies
Evolv Shift XT - Compact, Powerful, Futureproof
The Evolv Shift XT brings a unique small form factor that can extend in size to tailor to your cooling performance needs. The Evolv Shift XT has no compromise on performance with support for powerful hardware, whether in Compact, Aircooled, or Liquid Cooled Mode.

US Becomes Global Bitcoin Mining Leader

The United States has now become the leading country in cryptocurrency mining operations, following China's mining ban and subsequent exodus of its mining operators to less dangerous waters. According to figures published by the Cambridge Centre for Alternative Finance, US-based miners reached a 35.4% share in overall bitcoin hashrate in July this year - up 17% compared to April, and only a month after China's move to ban all domestic cryptocurrency mining operations. In the months since, China's Bitcoin hash rate control declined from 44% in May of this year down to 0% as early as July - a far cry from its September 2019 high, which saw the country hold around 75% of the global mining hashrate.

As is usually the case, one country's loss equates to another's "gain", and the same is true for mining operations following the China ban. The US may have become the biggest player in this particular court, but any country with cheap electricity that allows for profits increases is fair game. Countries like Kazakhstan went from 8% to 18% in the same period, claiming the current second spot in overall hashrate, while Russia has now claimed third place after reaching an 11% share - rising from 6.8% three months earlier. It remains to be seen whether these mining operation relocations will see the US face the same migratory phenomenons as China did back when mining wasn't banned: operators spent the dry season on regions like Xinjiang in late autumn, winter and spring, migrating to regions with significant temporary overcapacities in low-cost hydropower, like Sichuan, between May and October during the 'wet season'. The impact of this mining relocation to the US in its power delivery infrastructure (if any) remains to be fully understood.

NVIDIA CEO Jensen Huang Says NVIDIA-Branded CPUs Could be Coming

It was just yesterday that we have received the news of NVIDIA's latest move - acquiring Arm Ltd. from Softbank Group for $40 billion. However, it seems like there are more reasons for the deal than what meets the eye. In the briefing regarding the acquisition, NVIDIA's CEO was asked a question, by Timothy Prickett Morgan, from TheNextPlatform, about NVIDIA's plans for a possible implementation of Arm's Neoverse core in an NVIDIA-branded CPU design and start selling them to data centers. To that question, Mr. Huang gave a prolonged answer indirectly saying that the company can build the CPU if there is a market for it.

He explains that there is an entire network surrounding the Arm ecosystem and that there may be customers interested in contracting NVIDIA to build them semi-custom or completely custom chip based on Arm ISA on NVIDIA's own interest. Any of these options are available and Mr. Haung says that they are there for the best interest of the ecosystem to enrich it enhance it even further. This means that it is just a matter of time before we see NVIDIA-branded CPU make its way to data-center or some other areas of technology, so we have to wait and see for ourselves.

Samsung and SK Hynix to Impose Sanctions Against Huawei

Ever since the Trump administration imposed sanctions against Huawei to stop it from purchasing parts from third-party vendors to bypass the ban announced back in May, some vendors continued to supply the company. So it seems like some Korean manufacturers will be joining the doings of the US government, and apply restrictions to Huawei. According to the reports of South Korean media outlets, Samsung Electronics and SK Hynix will be joining the efforts of the US government and the Trump administration to impose sanctions against Chinese technology giant - Huawei.

It is reported that on September 15th, both Samsung and SK Hynix will stop any shipments to Huawei, where Samsung already stopped efforts for creating any new shipments. SK Hynix is said to continue shipping DRAM and NAND Flash products until September 14th, a day before the new sanctions are applied. Until the 14th, Huawei will receive some additional chips from SK Hynix. And it is exactly SK Hynix who is said to be a big loser here. It is estimated that 41.2% of SK Hynix's H1 2020 revenue came from China, most of which was memory purchased for Huawei phones and tablets. If the company loses Huawei as a customer, it would mean that the revenue numbers will be notably lower.

Epic Games Gets Partial Relief in Legal Battle with Apple

Epic Games and Apple are engaged in an ugly legal battle over Epic's decision to add an in-app payment system for "Fortnite," in violation of Apple's terms. All in-game micro-transactions are expected to be routed through the App Store. Apple essentially de-platformed Epic Games, and "Fortnite," which would have far-reaching implications including restrictions on third-party games using the Unreal Engine. On Monday, Epic Games got a partial and temporary relief against Apple's action, in the form of a temporary restraining order which prevents Apple from terminating the developer accounts of Epic Games, and restricting the use of Unreal Engine by game developers on Apple platforms.

Judge Yvonne Gonzalez Rogers hearing the matter, however ruled that Apple isn't required to restore "Fortnite," which it banned after Epic Games added its in-game payments system that stepped on Apple's toes. Epic Games in its prayer to the Court argued that Apple's actions brought "irreparable harm" to the company. The Court disagreed. "The Court finds that with respect to Epic Games' motion as to its games, including Fortnite, Epic Games has not yet demonstrated irreparable harm. The current predicament appears of its own making." She argued that Epic Games "strategically chose to breach its agreements with Apple."

US Government Could Stop Chip Shipments from TSMC to Huawei

US Government, precisely the Trump administration, is considering placing a ban on chip export from TSMC to Huawei. With Huawei being in the middle between the US and China fight for global technology dominance, the Trump administration is seeking to limit the progress of foreign forces trying to match or beat US technology. There were previous efforts by the US government to influence Huawei's fate, with them claiming that Huawei 5G equipment is capable of supplying China with intelligence, meaning that China tries to spy on US citizens. While those claims were later disregarded by Huawei, the Trump administration managed to do some damage to the face of the company.

The TSMC representative who spoke to Reuters about the potential ban said that the company (TSMC) does not answer hypothetical questions and that they don't talk about their customers. To achieve more control over the China semiconductor manufacturing, the US government plans to place a licensing model on all of their US-made semiconductor equipment, meaning that all the production lines are possibly in danger if the US doesn't approve shipments of their machines to other countries.

ARM Revokes Huawei's Chip IP Licence

As the trade war between the US and China continues to unfold, we are seeing major US companies ban or stop providing service to China's technology giant Huawei. Now, it looks like the trade war has crossed the ocean and reached the UK. This time, UK based ARM Holdings, the provider of mobile chip IP for nearly all smartphones and tablets, has revoked the license it has given Huawei.

According to the BBC, ARM Holdings employees were instructed to suspend all interactions with Huawei, and to send a note informing Huawei that "due to an unfortunate situation, they were not allowed to provide support, deliver technology (whether software, code, or other updates), engage in technical discussions, or otherwise discuss technical matters with Huawei, HiSilicon or any of the other named entities." The news came from an internal ARM document the BBC has obtained.

Nepal Bans PUBG on Account of Negative Impact on Children

Nepal yesterday moved to ban the online game PlayerUnkown's Battlegrounds, citing negative impact of the game on children and their development. Citing violent content and its effect as the primordial reason for the ban, Sandip Adhikari, deputy director at Nepal Telecommunications Authority (NTA), the nation's telecoms regulator, told Reuters that ""We have ordered the ban on PUBG because it is addictive to children and teenagers."

As part of the ban, all internet service providers, mobile operators and network service providers were instructed to block streaming of the game. Gamers might find ways to circumvent this limitation in order to still be able to play the game; or they'll simply migrate to one of the other Battle Royale games on offer, such as Fortnite or Apex Legends, instead. It's interesting to wonder whether the government of Nepal will keep on chasing the next online game fad one by one or if actual studies on the negative impact of these games are fielded by the Nepalese government.

Rollercoaster Monday for AMD as it Loses Jim Anderson, Closes Above $25 in Stock Price

It has been a rollercoaster Monday for AMD as it bled yet another bright executive. Jim Anderson, who led Computing and Graphics Group after the departure of Raja Koduri, and who is rumored to have conceived the idea of Threadripper and the client-segment monetization of the "Zen" architecture, left AMD to become CEO of Lattice Semiconductor, a company that designs FPGAs. Anderson will be paid an inducement award of company shares valued up to $2.9 million.

On the same day, AMD stock crossed $25 to close at $25.26 up 5.34 percent, a historic high since way back in 2006 as Intel was beginning to regain its footing with its Core processor family. This raises the company's market cap to $22.9 billion. AMD is better funded than ever (in over 12 years), to start a new GPU project, for example. CTO Mark Papermaster, in a company blog post assured customers that AMD is going all-in with 7 nanometer, and it could bank more heavily on TSMC to achieve its roadmap goals of first-to-market 7 nm CPU and GPU by end of the year.

Twitter Reportedly Looking Into Banning Cryptocurrency-Related Ads as Well

After Google has actually announced a change to their financial services-related ad policies that will ban all cryptocurrency-related ads that run through its advertising platform, reports now place Twitter as the next major service to follow suit. According to Sky News, the banning will affect the majority of ads relating to cryptocurrency products, services, and advice, cutting it diagonally and indiscriminately if services are actually legit or fakes. The publication says the decision comes "amid looming regulatory intervention in the sector."

Sky's sources say this ban will enter into effect within the next two weeks. If so, this is now the third major servie (after Facebook and Google) to ban all crypto-related content form its advertisements. That regulatory intervention is looming on the sector is putting it mildly; and it's high time that happened. The cryptocurrency market really is "being chilled", to quote Mike Lempres, chief legal and risk officer at Coinbase. And it's coming from all sides: regulatory bodies, general services, John Oliver shows, mainstream media, and even investors' own risk-assessment. It was bound to happen - the frenzy was getting quite old, really - and is an expected development. Let's hope this is just the beginning of a renewal of sorts for the cryptocurrency and blockchain world.

Google To Ban Crypto-Related Advertisements

Google has surreptitiously announced, via an update to its financial services-related ad policies, that cryptocurrency-related ads on its services will be banned before long. As both public and regulatory bodies have become increasingly aware of cryptocurrencies' successes and shortcomings, the company has decided to take a stance until the as-of-yet deeply unregulated cryptocurrency field becomes clearer for users, and is less of a metaphorical minefield. While blockchain is one of the most promising technologies in recent years, and is definitely here to stay, the path for cryptocurrencies is much less clear, and there have been enough warning shots fired across the bow.

As there are veritable cybernetic graveyards of scams and failed crypto endeavors that ruined millions of peoples' lives, Google won't be facilitating these events. As Google's director of sustainable ads, Scott Spencer, told CNBC, "We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution." The new approach will be brought upon initial coin offerings (ICOs), wallets, and trading advice alike, starting in June this year.

NVIDIA Bracing for a Cryptocurrency Demand Drop

In what could bring cheers to PC gamers, and tears to miners, NVIDIA is reportedly wary of a possible drop in cryptocurrencies through 2018. This directly affects the company, since GPUs are used in mining various cryptocurrencies, which triggered inflation in prices of graphics cards from Q2-2017 to Q1-2018. Over the past couple of weeks, prices of popular high-end GPUs such as the GeForce GTX 1080 Ti have cooled, although not back to their original levels. NVIDIA's manufacturing division, which sub-contracts silicon fabrication to TSMC, is calculating the impact a cryptocurrency slump could have on its supply-chain, and are being conservative with their orders to the foundry. A drop in demand could leave the company with vast amounts of unsold inventories based on an old-generation architecture (Pascal, in the wake of Volta/Ampere), which could result in multi-billion-dollar inventory write-offs. According to a Digitimes report, NVIDIA has placed restrictions on its add-in card (AIC) partners on marketing cryptocurrency mining abilities of their graphics cards, and selling directly to large miners.

In addition to a slump in demand for cryptocurrencies, 2018 could see introduction of purpose-built crypto-mining ASICs that are tailored for popular cryptocurrencies. Purpose-built ASICs tend to be extremely economical for medium-thru-large scale miners, in comparison to GPUs. The third horseman is policy. While several governments around the world have developed an appreciation for blockchain technology for its resilience to tampering, fraud, and data-theft (which could be implemented in safekeeping government- and bank-records); governments are, understandably, anti-cryptocurrency, as it undermines sovereign legal tender issued by central banks, and aids tax-evasion. Several governments through 2017-18 have announced measures to crack down on cryptocurrency mining and use as tender. This has led to a further drop in public interest in cryptocurrencies, as large ICO investors are weary of losing money in a highly volatile market. Close to half the ICOs have failed.

Full Stop: South Korea Not to Ban Cryptocurrency Trading After All

Remember the revived pressure on cryptocurrencies on account of news that South Korea might halt trading in their territory? Well, the country's finance minister, Kim Dong-yeon, who previously said that shutting down exchanges was "a live option but government ministries need to very seriously review it," came on the record this Wednesday to, let's say, set the record straight, clarifying that "There is no intention to ban or suppress cryptocurrency (market)." The minister, then, added that the government's immediate task is to "regulate exchanges". Those two statements certainly leave a lot of space in-between, since the shutting down of some exchanges while some others are left operating would not, in fact, result in an outright ban. Let's call it pruning, shall we?

The intention, it seems, is to be able to cut out the unregulated parts of the market, that take the form of unregulated exchanges, where the country's customs earlier announced it had uncovered illegal cryptocurrency foreign exchange trading worth nearly $600 million. This, it seems, is the real target for South Korea's newfound steam.

"You Hold It!" - Cryptocurrency Pricing Plummets as South Korea Revives Pressure

Cryptocurrency value has begun a tumultuous plummet since yesterday, in a market shrinkage that's being mostly correlated with an announcement by South Korean finance minister Kim Dong-yeon that a ban on cryptocurrency trading could still happen, pending a government review. South Korea is one of the world's most relevant economy and technology players, so a ban there could certainly start a domino effect in other countries.

""There are no disagreements over regulating speculation," minister Kim Dong-yeon specifically said - a move that would include a ban on anonymous cryptocurrency account, thus spelling doom for some privacy-focused cryptocurrencies like Monero and ZCash from being traded in the country, for sure. The minister also places a heavy value in being able to tax the income made on virtual currency, and added that shutting down the exchanges was "a live option but government ministries need to very seriously review it."
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