Crypto Updates – Page 34 – WORLD CRYPTO BUSINESS

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

[ad_1] 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... Read more »

US Treasury Sanctions First Crypto Mixer

[ad_1] 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... Read more »

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

[ad_1] 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... Read more »

Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

[ad_1] The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a... Read more »

US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform

[ad_1] The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must... Read more »

Georgia to Unveil New Cryptocurrency Law by This Fall

[ad_1] 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... Read more »

Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider

[ad_1] 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... Read more »

Report: Two South Koreans Paid in Bitcoin to Spy for North Korea

[ad_1] South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return... Read more »

Kazakhstan Amends Registration Rules for Cryptocurrency Miners

[ad_1] The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central... Read more »

Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

[ad_1] 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... Read more »