Nvidia briefly passes Apple as world’s most valuable company

Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.

Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27.David Solomon said he believes global payment systems are heading in the direction of stablecoins — cryptocurrencies pegged to fiat assets such as the U.S. dollar.Although he stopped short of confirming whether Goldman Sachs has had…

Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave posted Nov. 19.According to Trustwave researchers, crypto jackers managed to incorporate a JavaScript (JS) miner CoinImp into the domain worldwish.org in order to illicitly mine privacy-focused cryptocurrency Monero (XMR). Similarly to the…

Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions. 590 Total views 5 Total shares Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments more than a month after it was introduced to the country’s…

While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto.

An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT).In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification and delivery…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Victory for the regulatorsAfter a tumultuous summer of crackdowns, the Chinese regulators are declaring their victory in eliminating illegal cryptocurrency trading activities in the…

Cybersecurity firm ESET has detected what it describes as an unusual and persistent cryocurrency miner distributed for macOS and Windows since August 2018. The news was revealed in a report from ESET Research published on June 20.According to ESET, the new malware, dubbed “LoudMiner,” uses virtualization software — VirtualBox on Windows and QEMU on macOS…

The core purpose for Ethereum at its birth was to herald the next generation internet. Its genesis was based on building a peer-to-peer network with no single entity or group in control by positioning the community at the center of the global system.2020 has seen the power of this network thrive through innovative and industry-changing…