The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0.5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with…
Continue ReadingBitcoin price has lost more than 9 percent of its value in the past 24 hours. But according to Jeremy Allaire, the cryptocurrency is a winner in the long term.…
Continue ReadingCrypto heavyweight Circle stated in a blog post that their OTC (Over-the-counter) business has facilitated over $24 Billion worth of trades. This is a huge number given that OTC trading volumes…
Continue ReadingGot a few million lying around? The yacht industry has long been thought of as the exclusive province of the extremely wealthy, closed to even nouveau riche millennials and crypto…
Continue ReadingGlobal crypto payment provider BitPay has announced the OneGold precious metals and digital gold marketplace is now accepting Bitcoin and Bitcoin Cash, according to a press release. OneGold — founded…
Continue ReadingBitmain, the world’s largest crypto mining firm, has opened the code for its privacy-centric know-your-customer protocol (KYC), called Coconut. Coconut uses Intel’s Enhanced Privacy ID for authentication and separates the…
Continue ReadingA recent article in Barron’s describes Angus Champion de Crespigny, who spent ten years at professional services firm Ernst and Young and led the blockchain financial services division for years and…
Continue ReadingGalaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year…
Continue ReadingIn the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the…
Continue ReadingAs the actual hard fork of Bitcoin Cash approaches and users face the prospect of two versions of Bitcoin Cash, it’s important to remember what led Bitcoin Cash to this…
Continue ReadingCanaan, one of the world’s largest bitcoin mining firms, may be having second thoughts about its plan to go public in one of the cryptocurrency industry’s highest-grossing initial public offerings…
Continue ReadingMajor China-based bitcoin mining firm Bitmain has confirmed a report that its board of directors has undergone a shakeup but has sought to downplay that impact of these changes ahead…
Continue ReadingBitmain, the world’s largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should set a record for the nascent cryptocurrency…
Continue ReadingBitmain, the dominant bitcoin mining firm and the most valuable company in the cryptocurrency industry, has announced that it will release its next generation of application-specific integrated circuit (ASIC) chip…
Continue ReadingBrazil’s Department of Federal Revenue (RFB) has recently revealed it’s looking to monitor the activities of businesses dealing with cryptocurrency, a move it claims will help it prevent tax evasion…
Continue ReadingThe world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via…
Continue ReadingA small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “[had] no more funds to pay…
Continue ReadingBlockchain enterprise software startup Bloq has hired Fidelity alum Hadley Stern for its management team. Stern, who was the architect of Fidelity Investment’s digital assets arm, joins Bloq in the newly…
Continue ReadingCoinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from…
Continue ReadingThe prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and…
Continue ReadingOne of the world’s most valuable cryptocurrency companies has acquired a crowdfunding platform as it seeks to fulfill its goal of overseeing the “tokenization of everything.” Goldman-Backed Circle Acquires Crowdfunding…
Continue ReadingMGT Capital Investments, a bitcoin mining and cryptocurrency investing firm formerly associated with John McAfee, has been hit with a class-action lawsuit over allegations that its former CEO participated in…
Continue ReadingBitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal. CCN reported yesterday that Bitmain had filed…
Continue ReadingAs cryptocurrency trading goes, U.S. residents have access to an enviable array of exchanges and investing platforms. Though barred from some offshore giants like BitMEX and Huobi, it’s tough to…
Continue ReadingTwo of the blockchain hype bubble’s flagship companies now find themselves with new captains at their respective helms, after their CEOs stepped down days after being charged by U.S. regulators…
Continue ReadingPoor business decisions and a prolonged bear market may have knocked it off its pedestal, but the world’s most valuable cryptocurrency is going to be alright. That’s according to a…
Continue ReadingThe bad news continues to pile up for bitcoin mining giant Bitmain ahead of its historic public offering. According to Bloomberg, market research firm Sanford C. Bernstein & Co. has…
Continue ReadingThe founder of the world’s most valuable cryptocurrency company said that he does not believe the initial coin offering (ICO) funding model will prove to be anything more than a…
Continue ReadingBitmain’s latest funding round is quickly becoming a lot less star-studded. Hong Kong-based financial publication AAStocks reports that both Tencent and Softbank have issued public statements denying their participation in…
Continue ReadingAt the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of…
Continue ReadingWhen Bitmain announced last year that it was throwing its weight behind bitcoin cash ahead of the latter’s decision to pursue a divorce from the main BTC network due to…
Continue ReadingCryptocurrency-collateralized loan provider SALT Lending has announced that it is now operational in 35 U.S. states after receiving regulatory approval to expand its network to 20 new localities. The Colorado-based…
Continue ReadingGenesis Mining, a provider of managed cloud mining, announced that it is resuming operations in the United States after South Carolina regulators withdrew a cease and desist order against the…
Continue ReadingIf you look hard enough, you can find a silver lining, but there’s no denying that billionaire Mike Novogratz has had a difficult week. Crypto Merchant Bank Has Rocky Debut…
Continue ReadingAustralian bitcoin exchange CoinJar has launched the country’s first cryptocurrency index fund available to wholesale investors. CoinJar Launches Australia’s First Crypto Fund Announced on Thursday, the CoinJar Digital Currency Fund…
Continue ReadingCryptocurrency price tracker and data aggregator CoinMarketCap has launched a new suite of professional API services designed for cryptocurrency funds and developers. CMC Launches Professional API The website has long…
Continue ReadingCryptocurrency exchange and brokerage giant Coinbase has poached a BNY Mellon veteran to head the firm’s global compliance efforts as it seeks to ramp up its international operations and expand…
Continue ReadingBitmain, the world’s largest bitcoin mining firm, is preparing to open a new data center in Texas, external job postings show. The China-based cryptocurrency company, which reportedly recorded $1.1 billion…
Continue ReadingAfter posting eye-popping returns in 2017, the recent bear market has some cryptocurrency firms battening down the hatches amid declining returns. Don’t count industry giant Bitmain among them. Citing an…
Continue ReadingTelling prospective investors that your cryptocurrency merchant bank lost more than $130 million during a single quarter is not the optimal way to market your firm on the eve of…
Continue ReadingBitcoin mining giant Bitmain said that it will begin publishing regular reports on the size of its in-house mining operation as part of a wider transparency push it has been…
Continue ReadingCoinbase has become the first crypto industry organisation in the USA to form a Political Action Committee (PAC). This was revealed on July 20 in a filing by the United…
Continue ReadingCryptocurrency exchange and brokerage giant Coinbase has walked back a claim that it had received explicit approval from the U.S. Securities and Exchange Commission (SEC) to acquire three companies as…
Continue ReadingBlockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for digital assets. The vault was created in partnership with Custodian Vaults, a…
Continue ReadingBitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. The Silicon Valley Business…
Continue ReadingCoinbase Inc., has announced that the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINFRA) have approved its purchase of three companies that will enable the…
Continue ReadingCryptocurrency payment processor BitPay has become the eighth firm to receive a “BitLicense” from the New York Department of Financial Services (NYDFS), which oversees what is arguably the most-restrictive state-level…
Continue ReadingCoinbase CEO Brian Armstrong has launched GiveCrypto, a new charity platform which will hold and distribute cryptocurrencies to people in need, according to a Medium post, published June 27. Armstrong…
Continue ReadingMuch like your eccentric uncle swears to have seen Bigfoot, the Loch Ness Monster, or — for the West Virginia readers among us — Mothman, many industry professionals have claimed…
Continue ReadingChina-based bitcoin mining hardware manufacturer Ebang Communication has filed to go public on the Hong Kong Stock Exchange (HKEX). The company, the third-largest producer of application-specific integrated circuit (ASIC) chips…
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