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Nvidia Reports 'Substantial Decline' in GPU Sales to Crypto Miners

Nvidia has seen a "substantial decline" in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.

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Markets

US Senate to Examine Energy Efficiency of Blockchain

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Markets

Coinbase Acquires Digital Identity Startup Distributed Systems

Coinbase is advancing its push into developing a secure digital identity platform by acquiring San Francisco-based startup Distributed Systems.

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Markets

Bitmain Confirms New Crypto Mining Facility in Texas

Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year.

Mining

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Ripple Taps Bill Clinton to Give Keynote at Upcoming Conference

Former U.S. President Bill Clinton will headline Ripple's Swell conference later this year, the cryptocurrency payments startup announced Tuesday.

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South Carolina Ends Cease & Desist Orders Against Crypto Startups

South Carolina's securities regulator has ended cease-and-desist orders against two blockchain startups, public documents revealed Thursday.

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BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

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Swiss Markets Authority Investigates Troubled $100 Million ICO

Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.

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AMD Sees Q2 Drop in GPU Sales to Crypto Miners

GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.

amdq2

Markets

Coinbase Launches Crypto Gift Card Service in Europe

Coinbase now offers a way for users to purchase retail goods and services with cryptos, thanks to a deal with a digital gift card service in Europe.

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