Crypto-Friendly Gary Gensler a step closer to becoming New U.S. SEC Chairman

The United States Securities and Exchange Commission (SEC) has always played a major role when it comes to the cryptocurrency market in the nation. Former SEC Chairman Jay Clayton has cracked down on several fraudulent activities in this area but hasn’t made any moves that promote the growth and development of the industry. This, however, could change as the Senate Banking Committee has voted in favor of Gary Gensler, President Joe Biden’s pick to head the SEC.

Is Crypto Card A Ticket To Crypto Mass Adoption?

The last three months have been very intense for cryptocurrencies. On February 16, bitcoin revamped its all-time high and surpassed the $50,000 level which sceptics thought unachievable. On the night of February 23, bitcoin lost almost $10,000 to its value but now it is traded at a level of around $50,000. Recently, Tesla invested in bitcoin $1.5 billion. Also, a financial giant Morgan Stanley with $150 billion in assets under management is exploring this option. Twitter CEO Jack Dorsey and rapper Jay-Z pledged $23.6 million toward a trust to fund crypto development.

Three reasons to ride the NFT wave

Why are so many people captivated by the blockchain and crypto world? It’s an infant compared to the traditional financial world; a little unsteady on its feet, still growing and trying to figure things out. Yet it’s thrilling to watch it evolve, to discover new realms and possibilities it’s crashing into, to witness it disrupt and break down traditional rules and barriers.

AMD Apple-Exclusive Could Release Its Crypto GPU to Mine Ethereum

AMD could announce its Navi-based version. The AMD Navi 12, a graphic processing unit (GPU), was first introduced exclusively for Apple Macbook Pro devices. An AMD GPU kernel driver update announcement (via Tom’s Hardware) that listed specific fixes for the Linux environment released the news. According to PC Gamer, it could be the first crypto mining-related specific processor launched by the company; the latest version of the card lacks video outputs.

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