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NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC

NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC

America’s top financial watchdog – the Securities and Exchange Commission – has settled with Nvidia over charges that the company under-reported the impact of crypto mining on its gaming business. NVIDIA agreed to pay $5.5 million as a

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Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad

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Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock

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Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year

Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year

Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021,

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Crypto Market Is Bleeding with $300 Million Liquidated on Exchanges

Crypto Market Is Bleeding with $300 Million Liquidated on Exchanges

$300 million in orders getting liquidated as Bitcoin plunges below $35,000 Bitcoin’s fall to $35,000 heightened the fears of most traders and investors in the crypto market as more and more market participants left space

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Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy

Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy

The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the

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Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts

Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts

Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. Two analysts at Wall Street giant Bank of America called bitcoin a

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Instagram to Support NFTs From Ethereum, Solana, and Others

Instagram to Support NFTs From Ethereum, Solana, and Others

Instagram plans to integrate non-fungible tokens (NFTs) from top platforms such as Solana, Ethereum Flow, and Polygon, Coindesk reported. The social media platform is expected to announce a pilot scheme as soon as Monday. According to the report, the platform will focus

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Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic

Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic

Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively exploiting the hot topics of

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Terra (LUNA) Plunges 14% as UST Briefly Loses Its Peg

Terra (LUNA) Plunges 14% as UST Briefly Loses Its Peg

Terra’s biggest stablecoin briefly lost its peg. Supporters claim it was a coordinated attack, but critics disagree The price of Earth (LUNA) plunged more than 14% in the past 24 hours, becoming the worst performing

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