Nvidia to Pay $5.5 Million as SEC Penalty for Inadequate Crypto Mining Disclosures

Nvidia to Pay .5 Million as SEC Penalty for Inadequate Crypto Mining Disclosures

Last Updated: May 09, 2022, 20:47 IST Nvidia produced a line of crypto mining processors which it then sold to crypto enthusiasts. (Twitter) Nvidia failed to disclose that its Graphics Processing Units or GPUs were increasingly being used for crypto mining, according to SEC report After the United States Securities and Exchange Commission (SEC) penalised … Read more

Nvidia to Pay $5.5 Million as SEC Penalty for Inadequate Crypto Mining Disclosures

Nvidia to Pay .5 Million as SEC Penalty for Inadequate Crypto Mining Disclosures

Last Updated: May 09, 2022, 20:47 IST Nvidia produced a line of crypto mining processors which it then sold to crypto enthusiasts. (Twitter) Nvidia failed to disclose that its Graphics Processing Units or GPUs were increasingly being used for crypto mining, according to SEC report After the United States Securities and Exchange Commission (SEC) penalised … Read more

New York Becomes First State in US To Restrict Cryptocurrency Mining; Governor Signs Law

New York Becomes First State in US To Restrict Cryptocurrency Mining; Governor Signs Law

Last Updated: November 23, 2022, 14:57 IST The new law in US sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive “proof-of-work” cryptocurrency mining. The measure comes amid growing scrutiny of the cryptocurrency industry following this month’s collapse of the FTX exchange New York is taking … Read more