The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant Element of Its Material Revenue Growth The U.S. Securities …
Monthly archives: May 2022
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.” Google Creating Web3 Team Within Cloud Unit …
US Treasury Sanctions First Crypto Mixer
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the $620 million crypto heist of the online game Axie Infinity, said the Treasury Department. Treasury Department Sanctions Crypto Mixer The …
Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing. Sony 3D NFTs to Enhance Spatial Reality Display Features The Japanese multinational conglomerate corporation Sony is working …
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Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project started, Anchor Protocol’s earn rate is now roughly 18% APY for …
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Bitcoin Price Prediction for Today, May 6: BTC Price Plummets Below $36,000
The Bitcoin price prediction loses traction as the coin heads to the south; losses are likely to continue in the near term. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart Buy Bitcoin Now Since the past few days, traders can easily …
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Bitcoin Price Prediction for Today May 5: BTC Price Fails To Hold Above $40.04K
Bitcoin May Retrace Above $38.8K as It Fails To Hold Above $40.04K – May 5, 2022 BTC price has broken the resistance at $39,223 as it fails to hold above $40.04K. The upside momentum will resume if the bulls reclaim the $40,000 psychological price level. Also, the bullish momentum will extend above the $42,000 resistance. …
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Polkadot Price Prediction for Today, May 7: DOT Continues to Downsize
Polkadot Price Prediction – May 7A downward force has been prevailing in the DOT/USD market operations overly for some time until the present. Price continues to downsize on a lighter note between the high and the low of $14 and $13 value points, keeping a negative of 1.12%. DOT/USD Market Key Levels: Resistance levels: $18, …
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STEPN (GMT) Price Prediction for Today, May 7: GMT is Striving for Recovery
STEPN (GMT) Price Prediction – May 7There have been some downward steps in the GMT/USD market activities over a couple of sessions. Currently, the crypto-economic price is striving for recovery as it trades between the $2.83 and $2.66 value lines, keeping a positive percentage rate of 4.46. GMT/USD Market Key Levels: Resistance levels: $3, $3.50, …
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Top golfers from Africa and Europe eye lucrative Bitcoin payouts
Leading golfers from Africa and Europe have eyed lucrative Bitcoin payouts unveiled towards the end of the 2022 season. After a new sponsorship deal for South Africa’s Sunshine Tour, the payouts will be granted. Golfers eye lucrative Bitcoin payouts The 2022 golfing season will allow golfers to compete for Bitcoin payouts where they can compete …
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OpenSea Discord server hacked, increasing the risk of phishing scams
OpenSea, a non-fungible token marketplace, has become the victim of a hack on its main Discord channel. The breach has allowed the threat actors to post fake announcements about partnerships between OpenSea and other projects. OpenSea’s Discord channel hacked OpenSea shared a screenshot on May 6 showing the fake news about partnerships. The screenshot also …
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9 Places to Get All Your Blockchain Updates & News
For several years in a row, blockchain and cryptocurrency have been topping the lists of the hottest and most viewed topics in the world. These days, millions of people across the globe are interested in learning more about these topics. And students are interested in this too. For young and ambitious students, blockchain is of …
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Starbucks to launch a series of branded NFT collections
Starbucks announced that it will use blockchain technology to build a digital community and give its customers access to exclusive benefits. On Tuesday, the news was released as part of the company’s quarterly earnings report (3-05-2022). Known as NFTs, non-fungible tokens are a new type of cryptographic token that allows anyone to claim exclusive ownership …
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Gucci will soon accept cryptocurrency payments
Gucci is a high-end luxury fashion brand established in Florence, Italy. Reportedly, the luxury fashion brand will accept cryptocurrency deposits this month at 5 of its stores. Below mentioned are the five attractions that accept cryptocurrency payments currently. Wooster Street, New York Rodeo Drive, Los Angeles Design District, Miami Phipps Plaza, Atlanta The Shops at …
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Luna Foundation Guard Acquires an additional 37,863 BTC
A Singapore-based organization related to the Terra Luna ecosystem, the LFG (Luna Foundation Guard) has successfully raised an extra $1.5 billion to support its current BTC (Bitcoin) acquisition. LFG obtained 37,863 BTC through over-the-counter swaps with broker Genesis Trading as well as a separate transaction with Three Arrows Capital, a significant crypto venture capital firm. …
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