Category: Tech News

SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange

2021-08-09 By admin

The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating […]

Open Compute Project: An Interview with Intel’s Rebecca Weekly

2021-08-09 By admin

We all know that we put processors into servers, servers into racks, racks into data centers, and then they ‘do stuff’. Whether that’s a hyperscaler managing internal infrastructure, offering outside services, businesses processing workflows, high-performance machines working on the latest weather or nuclear simulations, social media companies scaling out their services to billions of users, […]

Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month

2021-08-09 By admin

Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap, who received a community vote to integrate […]

Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police

2021-08-09 By admin

A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under the facade of being a cryptocurrency investment […]