Author: MNK News

Nvidia is being sued for hiding how much of its gaming GPU revenue came from crypto miners. The class action covers fiscal 2018, a period when quarterly revenue surged 52% and 25% year-over-year. Shareholders allege the company deliberately obscured the fact that Ethereum mining demand was driving those numbers, not gaming. The stakes extend beyond Nvidia. As the primary infrastructure-layer supplier to the GPU mining ecosystem, any regulatory cloud over its disclosure practices ripples into how investors price exposure across the entire supply chain. Now the Supreme Court has entered the picture. It is reviewing the 9th Circuit’s decision allowing…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Americans must anticipate an AI-fueled economic power grab by the left, Breitbart News social media director and author Wynton Hall warns in his new book, Code Red: The Left, the Right, China, and the Race to Control AI. “Conservatives must be prepared for an organized and coordinated push by the political Left and tech elites who are eager to take advantage of the fear or reality of AI-driven job displacements and losses,” Hall argues in CODE RED. Whether or not an “AI job apocalypse” transpires in the future doesn’t matter much from a political strategic vantage point, as Big Tech companies…

WASHINGTON (AP) — Pressure is mounting on Congress to end the funding shutdown that’s resulted in travel disruptions, missed paychecks and even warnings of airport closures, but lawmakers have yet to resolve the underlying issue of reining in President Donald Trump’s immigration enforcement operations.Senators are expected to vote Thursday on a Republican proposal that would fund the Transportation Security Administration and much of the Department of Homeland Security, except the enforcement and removal operations conducted by Immigration and Customs Enforcement. But it’s expected to fail.Democrats argue the GOP plan does not go far enough at putting guardrails on ICE, Customs…

Cryptocurrencies are a type of digital assetDonations in cryptocurrency to UK political parties will be banned, Prime Minister Sir Keir Starmer has said, in response to a review of foreign financial interference.Ministers are also capping donations of British citizens living abroad at £100,000 annually, one of 17 recommendations made by former top civil servant Philip Rycroft.The UK government is still considering its response to the rest of Rycroft’s proposals, which include a ban on foreign-funded online political advertisements.The Rycroft review was commissioned last year in response to threats posed by foreign states attempting to meddle in British democracy.It was launched…

The market’s second-largest cryptocurrency, Ethereum (ETH), surged nearly 3% on Wednesday, extending a short-term recovery that has brought the altcoin to the key $2,160 level.  Market analyst Ali Martinez flagged the move as part of a potentially significant shift in Ethereum’s technical outlook, writing on social media platform X (previously Twitter) that price action is showing “signs of a major trend shift from bearish to bullish.” On‑Chain Signals Strengthen Breakout Case Martinez pointed to the altcoin’s weekly chart, where Ethereum appears to be tracing an ascending triangle formation. He noted that ETH’s bounce to $1,800 on February 26 lined up…

Technology companies are providing behind-the-scenes support for AI startup Anthropic as it battles a Pentagon designation that could bar it from government contracts. The government says that it has found Anthropic to be an “unacceptable” risk to national security. The New York Times reports that several major technology firms are quietly backing Anthropic in its conflict with the Department of Defense, marking a shift in how Silicon Valley approaches confrontations with the Trump administration. Some of the most powerful companies in the world, including Google and Microsoft, are among those taking Anthropic’s side. The dispute centers on the Pentagon’s decision…

Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating above $2,140 and is struggling to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,150 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a new bearish trend line with forming resistance at $2,175 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,205 resistance. Ethereum Price Faces Resistance Ethereum price managed to stay above $2,050 and started a recovery wave, like Bitcoin. ETH…

LAHORE: Terming the Pakistan Hockey Federation (PHF) Congress meeting scheduled for Friday unconstitutional, several representatives from different parts of the country who claim to be the genuine members of the Congress and some former players have urged Prime Minister Shehbaz Sharif to postpone the said meeting. The Congress meeting, called by the Mohyuddin Ahmad Wani-led ad-hoc PHF body, is scheduled to be held in Islamabad. While member of the National Assembly Shehla Raza, who is a PHF Congress member from Sindh, wrote a letter to the prime minister who is the federation’s patron-in-chief, other aggrieved Congress members from Sindh, Punjab,…

Sen. Marsha Blackburn (R-TN) on Wednesday unveiled a discussion draft of her legislative framework to establish one, national framework for AI regulation that would combat “woke AI” and anti-conservative bias in AI systems. “Instead of pushing AI amnesty, President Trump rightfully called on Congress to pass federal standards and protections to solve the patchwork of state laws that has hindered AI innovation,” Blackburn said in a written statement. “Now, Congress must answer his call to establish one federal rulebook for AI to protect children, creators, conservatives, and communities across the country and ensure America triumphs over foreign adversaries in the…