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SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
8.5.2022
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...
Binance reportedly halts crypto derivatives service in Spain
7.5.2022
Binance is expected to reintroduce the derivatives option only after receiving regulatory approval in the form of a guarantee certificate from the Bank of Spain
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
6.5.2022
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain....
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
6.5.2022
Nvidia, producer of graphics cards since prehistoric times, has just been fined $5.5 million by the U.S. Securities and Exchange Commission for failing to divulge to investors how much of its 2017-18 revenue came about from crypto-miners.Read more
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
6.5.2022
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient...
Georgia to Unveil New Cryptocurrency Law by This Fall
6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....
Court Hands BitMEX Founders USD 30m in Fines for AML Violations
6.5.2022
A New York court has ordered the three former masterminds of the BitMEX crypto exchange to fork out a combined USD 30m in “civil monetary penalties.”...
Read More: Court Hands BitMEX Founders USD 30m in Fines for AML Violations
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
6.5.2022
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,”...
Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume
6.5.2022
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
6.5.2022
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk....
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
5.5.2022
The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network's largest liquidity hub
Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022
5.5.2022
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump to $2.55 per unit by December 2022. However, the prediction relies on Ripple...
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
Short-Term Relief Bitcoin Rally Likely After ‘Optimistic’ Powell, Major Bottom Could be Forming – Analysts
5.5.2022
Bitcoin (BTC) and the broader crypto market went into a relief rally over the past day, after an expected 0.5 percentage point rate hike in the US and an “optimistic” outlook from US Federal Reserve (Fed) Chair Jerome Powell. According to one analyst, a major bottom could now be forming...
Decentralized Exchange MM.Finance Suffers $2M Exploit
5.5.2022
Cronos-based DeFi project MM.Finance has suffered an exploit to its front-end, losing $2 million
After Binance Secures French License, New Hires Underway, Hopes for New Permits
5.5.2022
After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too.
The latest development marks the first time the platform secures such permission from...
Binance Approved as a Digital Asset Service Provider in France
5.5.2022
Binance has received registration for operating in France as a Digital Asset Service Provider. It has been granted by Autorité des marchés financiers with approval from the Autorité de Contrôle Prudentiel et de Résolution to give a go-ahead to Binance France to conduct its business in the region....
Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto
5.5.2022
Swyftx, one of Australia's largest crypto exchanges, has become the first local exchange to offer users zero-fee yields on cryptocurrency deposits
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement
5.5.2022
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.”...
France’s financial authority approves Binance's registration as digital asset service provider
4.5.2022
Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.”