May 28, 2021 Technology company Nvidia Corp's revenue forecast for the second quarter was better than analysts' expectations on Wednesday, but shares fell 1% as the company could not say how much of its recent rise in revenue more...
May 27, 2021 Iran recently announced a four-month ban on cryptocurrency production after unplanned power cuts in major cities. With an estimated 4.5% of all bitcoin mining taking place in Iran, Iranian President Hassan Rouhani told a cabinet more...
May 27, 2021 An advert poster plastered over London's public transport by cryptocurrency exchange platform Luno, has been banned. According to The Advertising Standards Authority (ASA), the advert, which read "If you're seeing Bitcoin on the underground, it's more...
May 26, 2021 A new Bitcoin Mining Council has been formed to improve the sustainability of bitcoin. This comes after a meeting with leading bitcoin miners and Tesla CEO Elon Musk. The Council will promote transparency in energy more...
May 25, 2021 On Monday, U.S. Commerce Secretary Gina Raimondo said the recently proposed $52 billion government grant for semiconductor production and research could result in 7 to 10 new chip factories in the U.S. once the project more...
May 25, 2021 Bitcoin experienced another rollercoaster ride over the weekend after the Chinese government announced a crackdown on mining. The committee that announced the crackdown is led by Vice Premier Liu He, who is President Xi Jinping's more...
May 21, 2021 As the U.S. Treasury Department cracks down on tax evasion and illegal activity through cryptocurrency transactions, the Department has issued a new release requiring all transfers worth $10,000 or more to be reported to the more...
May 21, 2021 Digital coins such as Bitcoin, Dogecoin, and other cryptocurrencies are plummeting after China reaffirmed its ban on financial institutions from engaging in cryptocurrency transactions. While Bitcoin's price fell to a low of just over $37,000 more...
May 21, 2021 Energy companies and consumers are now rethinking the fundamentals of the design of the electrical grid. Today's grids depend on centralized electricity generation, with homes and businesses connected to a single large gas, coal, or more...
May 21, 2021 Jerome Powell, chief of the U.S. Federal Reserve, criticized cryptocurrencies on Thursday, explaining how they pose risks to financial stability and calling for more regulation of the popular digital currency. The Treasure Department also flagged more...
