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SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

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…

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Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining

"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate," said Kristina Littman.

Continue ReadingNvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining

Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange

Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have…

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Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs).…

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Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the…

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