Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million

Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion. Within the graphics segment also falls Continue Reading

Singapore is exploring wholesale CBDC, local exec says

The chief fintech officer at Singapore’s central bank told Cointelegraph about his thoughts about Singapore’s wholesale CBDC. Singapore is exploring wholesale central bank digital currency, or CBDC, said Sopnendu Mohanty, chief fintech officer at Singapore’s central bank and financial regulator, the Monetary Authority of Singapore. Speaking on the subject during Continue Reading

Blog Author Tipped $10,000 for Well Phrased Peer-to-Peer Cash Conviction

Following the Bitcoin Cash upgrade, the BCH proponent known as Mobtwo published a post on the read.cash blogging website called “Bitcoin Cash – Simple Fundamentals.” The editorial’s author says he wholeheartedly believes that BCH will one day overtake BTC in the long run. After the read.cash blog post published, Mobtwo’s Continue Reading

Fake Uniswap app on Google Play Store has already lost one user $20,000

The fraudulent mobile app has already received over 100 downloads. A fraudulent mobile application claiming to be the Uniswap exchange has reportedly stolen money from an investor, offering an important reminder of the scams that still pervade the nascent cryptocurrency industry. Alex Saunders, founder and CEO of the Australia-based Nuggets Continue Reading

IMF lawyers argue that central banks need reform before they can issue CBDCs

New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies. On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications.  In the paper, researchers including Continue Reading