SEC Tags Nvidia for Alleged Disclosure Insufficiencies in its Cryptocurrency Mining Business | Dechert LLP

Key to take The U.S. Securities and Exchange Commission announced an agreement against chip maker Nvidia Corporation on May 6, 2022, for inappropriate disclosures about the impact of cryptocurrency mining on the company’s gaming business. The SEC fined Nvidia $ 5.5 million, alleging that in consecutive quarters of fiscal year 2018, Nvidia did not disclose …

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Inflation Is Hitting Everyone’s Budget. Here Are 4 Ways to Hit Back

Independencia Editorial We want to help you make more informed decisions. Some links on this page, clearly marked, may lead you to an associated website and may result in us earning a referral commission. For more information, see How we make money. Inflation is a silent killer of the budget. It makes everything go up, …

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Crypto.com Spent Its Way to the Top. Then the Market Crashed. Now What?

When I followed Cuban after Luna’s debacle, his optimism did not diminish. “The cryptocurrency market is highly correlated with the NASDAQ,” he said. “Three of the most invested stocks – Apple, Amazon and Facebook – lost more in market capitalization than the total value of the cryptocurrency market. No one questions whether Apple would be …

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As Kazakhstan Descends Into Chaos, Crypto Miners Are at a Loss

When Denis Rusinovich created the cryptocurrency mining company Maveric Group in Kazakhstan in 2017, he thought he had achieved the big prize. Alongside China and Russia, the country had everything a Bitcoin miner could ask for: a cold climate, legions of old warehouses and factories where mining platforms could be installed, and most importantly, cheap …

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Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding

Indian cryptocurrency companies are struggling with new tax policies as trading volumes have dried up and many established cryptocurrencies companies are looking to move to more currency friendly jurisdictions. Although many developed countries and even several of their Asian counterparts are actively studying and formulating better cryptographic regulations, the Indian government has maintained a “blockchain, …

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SEC Tags Nvidia for Alleged Disclosure Insufficiencies in its Cryptocurrency Mining Business

Keys to take The U.S. Securities and Exchange Commission announced an agreement against chip maker Nvidia Corporation on May 6, 2022, for inappropriate disclosures about the impact of cryptocurrency mining on the company’s gaming business. The SEC fined Nvidia $ 5.5 million, claiming that in consecutive quarters of fiscal year 2018, Nvidia did not disclose …

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Stablecoins And The Crypto Market Crash – Forbes Advisor UK

Bitcoin, the cryptocurrency market indicator, took a hit this week. Blame the stable currencies. On Thursday, Bitcoin hit a 52-week low, hitting $ 25,402 (£ 20,360), a level not seen since December 2020. “Digital gold” has risen since then but at the time of writing, was trading below $ 29,000 (£ 23,245). Global crypto and …

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China’s bitcoin miners are migrating to the U.S. : NPR

A view of Compute North’s facilities in rural Nebraska. John Ruwitch / NPR hide subtitles alternate subtitles John Ruwitch / NPR A view of Compute North’s facilities in rural Nebraska. John Ruwitch / NPR On farmland on the outskirts of Kearney, Nebraska, there is a field full of modified 40-foot containers lined up in rows. …

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