The 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…
Continue ReadingPrivately-held industry giant Coinbase has sent a cease-and-desist letter to cryptocurrency startup Swarm for the latter’s attempt to tokenize and sell the San Francisco cryptocurrency exchange operator’s shares. A Swarm…
Continue ReadingCryptocurrency startup Swarm has announced a new security token product that will allow accredited investors to purchase and trade equity in privately-owned tech companies like Coinbase, Robinhood, Ripple, and Didi.…
Continue ReadingBitmain, the dominant force in bitcoin mining, has reportedly raised $400 million as it gears up to go public later this year. Regional media outlet China Money Network reports that…
Continue ReadingBitmain CEO Jihan Wu categorically denied that the mining hardware manufacturer secretly uses its newly-developed devices before making them available to the general public. Wu made this claim during an…
Continue ReadingBitmain, the dominant force in cryptocurrency mining, is considering going public in what could be a record-setting offering for the industry. Bloomberg reports that the China-based company, led by controversial…
Continue ReadingLong Blockchain, considered by many to be the face of the cryptocurrency bubble, is about to face its reckoning, as the Nasdaq Stock Exchange has informed it that its shares…
Continue ReadingA new initiative seeks to convince bitcoin cash miners to remove the dust limit and being processing a limited number of zero-fee transactions in every block, and it has backing…
Continue ReadingZooko Wilcox, the founder and CEO of Zerocoin Electric Coin Company, a company that develops privacy-focused cryptocurrency Zcash, has revealed that Chinese miners have alleged that Bitmain, the world’s biggest…
Continue ReadingSan Francisco-based cryptocurrency exchange Kraken has hired a former federal prosecutor appointed by President George W. Bush to serve as its general counsel. Business Insider reports that the exchange, eighth-largest…
Continue Reading“I’ve got more money than your country.” With those words, bitcoin cash promoter and self-described bitcoin creator Craig Wright found himself embroiled in yet another controversy, this time at an…
Continue ReadingCryptocurrency brokerage service Circle Invest is taking aim at crypto index funds with its new “Buy the Market” feature, which allows retail investors to purchase market cap-weighted positions in the…
Continue ReadingAs a not-so-typical startup in the Valley, Coinbase is exploding with customer growth. The exchange now manages over 20 million customer accounts, which is nearly as many as Fidelity Investments…
Continue ReadingCryptocurrency-powered web browser Brave has now been downloaded more than five million times from the Google Play mobile app store. The ad-blocking browser, which was co-founded by Mozilla Firefox creator…
Continue ReadingFormer OKEx CEO Chris Lee has joined rival cryptocurrency exchange Huobi as its vice president of global development, just days after stating that he was leaving his former employer so…
Continue ReadingCryptocurrency brokerage firm Coinbase has met with US regulators to discuss applying for a banking license, according to an anonymous source familiar with the matter. The Wall Street Journal reports…
Continue ReadingDisgraced cryptocurrency exchange Coincheck has come under new management, and its new owners are planning to bring the trading platform to the US market. Bloomberg reports that Monex, the Japanese…
Continue ReadingGPU manufacturers Nvidia and AMD each enjoyed massive sales over the past year, partially thanks to miners who buy GPUs to mine cryptocurrencies. However, those sales are now declining. The…
Continue ReadingCryptocurrency derivatives exchange LedgerX has launched the first bitcoin savings account regulated by the Commodity Futures Trading Commission (SEC). The new product, unveiled by the New York City-based firm on…
Continue ReadingThe chief executive of one the world’s largest cryptocurrency exchanges has called it quits. Chris Lee, the head of OKEx, has resigned from the Hong Kong-based exchange just as it…
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