Pinakabagong Balita sa Crypto at Market Updates

Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures

Nvidia Corporation, a pioneer provider of graphics processors and related software, has agreed to pay a $5.5 million fine to settle the United States Securities and Exchange Commission (SEC) over allegations that the company failed to adequately disclose revenue from cryptocurrency mining. The Commission made the announcement on Friday.　　According to the SEC, during two consecutive quarters in 2018, Nvidia did not make it clear that demand from crypto miners was responsible for a significant part of the rise in sales of its gaming graphics processing units (GPUs).　　Nvidia‘s powerful processors designed for handling video-game graphics are considered well-suitable for handling mining cryptocurrencies such as Bitcoin and Ethereum. Nvidia, the leading chipmaker in the US, agreed to the penalty without admitting or denying the regulator’s findings.　　The SEC stated that Nvidia omitted the information about rising demand from crypto miners while making statements about how cryptocurrencies were affecting other business lines.　　In a statement, Kristina Littman, head of the SECs crypto enforcement team, said: “All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate.”　　The charges claim that Nvidia misled investors by reporting a boost in revenue associated with gaming activities but hide to reveal

2022-05-09Malalim na Pagsisid

Embattled BitMEX Co-Founders to Pay $30M in Civil Fine

The United States District Court for the Southern District of New York (SDNY) has pronounced a combined Civil monetary fine of $30 million for the three embattled BitMEX exchange co-founders indicted for violating the US Bank Secrecy Act. 　　The co-founders include Arthur Hayes who served as the Chief Executive Officer until the investigations started, Benjamin Peter Delo, and Samuel Reed.　　As announced by Commissioner Johnson of the Commodity Futures Trading Commission (CFTC), the fine was pronounced in the form of a Consent Order, and each of these founders will be required to pay $10 million each. The CFTC picked up the enforcement actions against the trio for running the BitMEX Exchange in the United States without receiving the appropriate licenses.　　Hayes and his colleagues were accused of failing to implement the relevant Anti-Money Laundering (AML) measures as well as Know Your Customer (KYC) procedures. 　　Speaking with respect to the Consent Order, Commissioner Johnson said “the mission of the Commodity Futures Trading Commission is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation.” He noted that the commission has the powers of the US Congress to carry out its mission as the legislature “authorizes the CFTC to

2022-05-09Malalim na Pagsisid

Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve

Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralised stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve in cooperation with top blockchain institutions.　　Tron, known as TRX, is for decentralising the web. The official website describes Tron as “one of the largest blockchain-based operating systems in the world,” led by Justin Sun- the Founder and CEO of TRON.　　The USDD protocol runs on the TRON network with an initial total supply of 100 million. It has been launched on decentralised exchanges such as Sunswap, Sun.io, Curve, Uniswap, Ellipsis, Pancakeswap, and Kyberswap.　　USDD is pegged to the U.S. dollar (USD) via TRX.　　In addition, USDD connects the two blockchains of Ethereum and BNBChain through the BTTC cross-chain protocol and will be integrated into more blockchains in the future. At present, the circulating supply of USDD in these two blockchains is close to 20 million.　　The Tron DAO Reserve will ensure the price stability and decentralization of USDD by collateralising the cryptocurrency with reserves and providing the liquidity needed to maintain business in significant financial offsets.　　It also “aims to safeguard the entire blockchain industry and cryptocurrency market, prevent panic trading caused

2022-05-09Malalim na Pagsisid

Ethereum Miner Revenue Surpassed Bitcoin By $224M in April - BitcoinEthereumNews.com

Bitcoin EthereumNahigitan ng Kita ng Ethereum Miner ang Bitcoin Ng $224M noong Abril05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin miners took a back seat in mining profitability during the month of April as Ethereum miners saw $224 million more revenue than Bitcoin miners. 　　April proved to be a difficult month for Bitcoin miners. According to Be[In]Crypto Research, BTC miners were able to generate around $1.16 billion in revenue during the fourth month of 2022.　　Bitcoin miners‘ revenue for April was down $44 million from March 2022’s value of approximately $1.21 billion.　　The total profitability of Bitcoin over the past year was down by 31% since April 2021, which saw $1.7 billion in revenue recorded.　　The single-day high for April 2022 was 3% below the best day high in March. The single-day high for March 2022 was in the region of $47.54 million, according to data from YCharts. The single-day high for April ($46.01 million) was 23% lower than January 2022s best-day high of $60.16 million.　　Ethereum outpaces Bitcoin mining revenue for the fourth consecutive month 　　While Bitcoin miners managed $1.16 billion in April revenue, Ethereum miners generated approximately $1.39 billion. Unlike Bitcoin, Ethereum revenue increased by 3% from March.　　Pinagmulan: The Block Crypto　　March

2022-05-09Ethereum

Ethereum Bears Aim Big After Recent Breakdown Below $2.5K - BitcoinEthereumNews.com

EthereumEthereum Bears Aim Big After Recent Breakdown Below $2.5K05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　Nagsimula ang Ethereum ng malaking pagbaba mula sa $2,700 zone laban sa US Dollar. Ang ETH ay sumisid sa ibaba $2,550 at maaaring mapabilis nang mas mababa sa $2,420 na suporta.　　Nagsimula ng malaking pagbaba ang Ethereum matapos itong mabigo na lampasan ang $2,700.　　Ang presyo ay nakikipagkalakalan ngayon sa ibaba $ 2,550 at ang 100 oras-oras na simpleng paglipat ng average.　　Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 2,490 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).　　Ang pares ay maaaring bumaba pa kung mayroong malapit sa ibaba ng $2,420 na support zone.　　Ethereum Price Takes Hit　　Nahirapan ang Ethereum na manirahan sa itaas ng $ 2,700 pagtutol. Nanguna ang ETH malapit sa antas na $2,700 at nagsimula ng panibagong pagbaba. Nagkaroon ng matalim na paglipat sa ibaba ng $2,620 at $2,550 na antas.　　The bears even pushed the price below the $2,500 level and the 100 oras-oras na simpleng paglipat ng average. A low is formed near $2,422 and the price is now consolidating losses. On the upside, an initial resistance is seen near

2022-05-09Ethereum

OBV Indicator Foretells Breakout from Triangle pattern - BitcoinEthereumNews.com

TeknolohiyaOBV Indicator Foretells Breakout from Triangle pattern05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　A bearish reversal from shared resistance of descending trendline and 100-day EMA triggers the next bear cycle within a descending triangle pattern. The falling price has devalued the Curve Dao(CRV) price by 12.8% and plunged below 20-and-50-day EMA. Thus, the altcoin would continue to descend and may retest the bottom support($2-$1.9).　　Pangunahing puntos:　　The OBV chart shows an evident bullish divergence　　The altcoin would retest the $2-$1.9 support　　Ang intraday trading volume sa CRV token ay $291.2 Million, na nagpapahiwatig ng 46% gain.　　Pinagmulan- Tradingview　　After a sudden drop in late January, the Curve Dao(CRV) price started forming new lower highs responding to a descending trendline. However, strong support at $1.9 has limited any excessive loss, bolstering the formation of a descending triangle pattern.　　Over the past three months, The CRV price has been narrowing within this pattern and gradually approaching its breakout. The recent reversal from the descending trendline had tumbled the altcoin by 15% but reverted immediately from the $2.17 mark with a morning star candle.　　The CRV price currently trades at $2.43, with an intraday gain of 9.34%. Furthermore, the altcoin price range is stuck in a no-trading zone, and therefore

2022-05-09Industriya

Bitcoin, Binance Coin, Theta Fuel, and Icon Daily Price Analyses – 8 May Roundup - BitcoinEthereumNews.com

Bitcoin cryptoBitcoin, Binance Coin, Theta Fuel, and Icon Daily Price Analyses – 8 May Roundup05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　The performance of the global crypto market hasn‘t been impressive over the last 24 hours as the losses for it have increased in value. Though the losses had begun to decrease, the process has reversed, and it is again facing a difficult situation. The dilemma for Bitcoin hasn’t changed as it is at the forefront of losses and might continue to do so. The recent data shows that it has receded further and might take time to recover.　　SEC has taken a big decision that might impact the global crypto market. SEC has stopped a global crypto mining scheme worth $62 million, according to the available details. The regulator didn‘t just stop the company from mining but has also indicted the company’s founder. The said step would have repercussions for the crypto market. On the other hand, the IMFs role in preventing crypto growth in Argentina has shocked the crypto community. Argentina had a growing crypto market, but IMF and some other organizations allegedly played their role in creating hurdles for it.　　Narito ang isang maikling pangkalahatang-ideya ng kasalukuyang sitwasyon

2022-05-09Bitcoin

Chainlink: Despite falling below $10, this cohort continues to accumulate LINK - BitcoinEthereumNews.com

TeknolohiyaChainlink: Sa kabila ng pagbagsak sa ibaba $10, ang cohort na ito ay patuloy na nag-iipon ng LINK05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　According to a tweet by Santiment, the Chainlink token dipped below the $10 mark for the first time in the last 18 months. At press time, the token stood at rank 28 at a price of $10.16. However, on 8 May, the price of the token did fall to $9.89 as per the UTC +5:30 time zone.　　Tulad ng bawat data mula sa CoinGecko, the was functioning at -5.8% in the last 24 hours and the token was -7.9% down in movement given the last seven days.　　Pinagmulan: TradingView　　Although runing in green at the moment, the Awesome Oscillator (AO) stayed below the zero line, whereas the Relative Strength Index (RSI) stood at a score of 30.32 with no sign of moving toward or beyond the 50 mark.　　With this, lets also take a look at what the other metrics have to show about the performance of the LINK.　　As per data from Glassnode, the net exchange volume stood at approximately 135K on 7 May, whereas the exchange netflow volume on 6 May stood at an approximate value of -176K.

2022-05-09Industriya

NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC - BitcoinEthereumNews.com

TeknolohiyaNagmulta ang NVIDIA ng $5.5M para sa Hindi Sapat na Pagbubunyag sa Cryptomining: SEC05 / 08 / 2022Balita ng Ethereum ng Bitcoin　　America‘s top financial watchdog – the Securities and Exchange Commission – has settled sa 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 penalty without admitting or denying the SEC’s findings.　　Inadequate Disclosures　　Ayon sa SECs pahayag, the chip manufacturer giant failed to fully disclose information concerning crypto mining as a significant source of revenue for its gaming business. Since the demand and interest in crypto rose in 2017, the company has been a major player in providing advanced GPUs to mining facilities.　　The release states that NVIDIA included its revenue from GPU sales to crypto miners as part of its gaming business, but the company did not reveal that its “increase in gaming sales was driven in significant part by cryptomining” in its Forms 10-Q, as required by SEC.　　In addition, the authority has found that NVIDIA did not specify how the demand for crypto had affected the other part of its business, which gave an impression that its gaming operations were not closely correlated with its

2022-05-09Industriya

The DEX Was Supposed To Change The World – What Happened? - BitcoinEthereumNews.com

Kurt Ivy ay isang nilalaman manunulat para sa SHOPX at Gamerse, marketing advisor para sa Altar, pinuno ng content sa Crypto PR Labs, at CEO ng Coffee Nova. Si Ivy ay isang pilosopo, futurista, manunulat, at negosyante.　　May sasabihin ka ba tungkol sa blockchain adoption o anupaman？ Isulat sa amin o sumali sa talakayan sa aming Telegrama chanel. Maaabutan mo rin kami Tik Tok, Facebook, O kaba.　　Pagtatatuwa　　Ang lahat ng impormasyon na nilalaman sa aming website ay nai-publish sa mabuting pananampalataya at para sa pangkalahatang mga layunin ng impormasyon lamang. Anumang pagkilos na gagawin ng mambabasa sa impormasyong matatagpuan sa aming website ay mahigpit na nasa kanilang sariling peligro.

2022-05-09Industriya

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