Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated

This story has been updated with Nvidia’s decline to comment. Taiwan-based computer hardware producer Nvidia reportedly earned nearly $1.35 billion more due to crypto and blockchain than it had stated. The numbers were calculated by RBC Capital Markets analyst Mitch Steves, financial news website Market Insider reports on Jan. 31.…

Crypto Thief Indicted in New York’s First SIM Swapping Prosecution

Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release from the Manhattan District Attorney’s Office on Feb. 1. The defendant, Dawson Bakies, has been accused of…

Bloomberg: Proof-of-Stake Token Investors Could Use Staking For Gains During Bear Market

A Bloomberg article published today, Feb. 1, suggests that proof-of-stake (PoS) token investors have a unique option to survive the protracted crypto market slump: staking their holdings. In blockchains that use a PoS system — as opposed to proof-of-work (PoW) — nodes in the network engage in validating blocks, rather…