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Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-27 21:20


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Binance Crypto Incubator Program Expanding to Five More Cities

Binance Labs, the venture capital branch of the Binance exchange, is expanding into more cities in search of promising new blockchain startups via their incubator programs. Having launched in San Francisco earlier this year, March 2019 will see expansions into Buenos Aires, Lagos, Singapore, Hong Kong, and Berlin, reports CoinDesk. дальше »

2018-12-15 19:44


Former Mt. Gox CEO Accused Of Embezzlement, Prosecutors Look For 10 Year Jail Term

Former Mt Gox Ex-CEO Accused Of Embezzlement, Prosecutors Want 10 Year Jail Term Mark Karpeles, the CEO of Mt Gox, is currently being accused of embezzlement by Japanese authorities. The prosecutors of the court case are seeking a 10-year sentence for the ex-CEO, which commanded the now-defunct Mt Gox exchange. Reports from the local media […] дальше »

2018-12-12 21:52


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Regulators are hunting dodgy cryptocurrency firms on UK’s Wall Street

It’s not just US regulators intent on cleaning up the blockchain industry. In the UK, financial regulators are closing in on more dodgy cryptocurrency businesses than ever before. In fact, since May, the UK’s Financial Conduct Authority (FCA) has lodged 26 inquiries with firms it suspected to be operating within financial services sector without permission, reports the Telegraph. дальше »

2018-11-26 14:09


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Report: Cryptocurrency Related Lawsuits Skyrocketed in 2018; Up by 300 Percent

In contrast with the bear market we have watched throughout the year it seems that cryptocurrency-related lawsuits have skyrocketed as far up to 300 percent, reports Dior, November 19, 2018. Crypto Lawsuits Go North While bitcoin continues to go south, the business for digital currency focused lawyers looks to have a bright future ahead. дальше »

2018-11-23 16:00


New Reports Show Draft Bill In The Works For Indian Crypto Regulation Before End Of The Year

New Reports Show Draft Bill In The Works For Crypto Regulation In India To Be Presented At The End Of The Year Though India has taken a derogatory stance on cryptocurrencies in the past, it seems that they are joining many other countries in their decision to establish regulations. Though nothing has been settled yet, […] дальше »

2018-11-20 23:32


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US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation. дальше »

2018-11-21 23:00


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Cryptocurrency fraudster faces 5 years in prison for selling fake ICOs

A Brooklyn-based businessman turned cryptocurrency huckster faces up to five years in prison for orchestrating two monstrously phony initial coin offerings (ICOs) last year. Maksim Zaslavskiy, a former institutional developer and “businessman,” plead guilty to two counts of conspiracy to commit securities fraud before a New York district court yesterday, reports FinanceFeeds. дальше »

2018-11-16 14:18


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Blockchain Technology-Based Oil and Energy Platform Primed to go Live by 2018 End

A blockchain technology-based platform backed by global oil and energy giants BP, Shell, and Equinor is poised to go live by the end of the year, reports S&P Global, November 12, 2018. Aim to Modernize Physical Energy Post-trade Processes In the 21st-century trade world, the global energy and oil industry still relies a great deal on orthodox and outdated paperwork. дальше »

2018-11-15 22:00


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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization. дальше »

2018-11-15 21:26


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Switzerland: Trojan horses are evolving to target cryptocurrency exchanges

A computer virus that mines the anonymous cryptocurrency Monero has been ranked as the sixth most significant malware to hit Switzerland in the first half of this year. Swiss researchers also discovered that cybersecurity threats once focused on breaking into online banking services have pivoted to more efficiently attack cryptocurrency exchanges. дальше »

2018-11-8 19:33


Norilsk Nickel To Launch A Precious Metal-Backed Stablecoin In Russia In 2019

Russia mining and metals giant firm Norilsk Nickel may launch its custom stablecoin next year according to reports from a local news outlet. The CEO of Nornickel, Vladimir Potanin said that the organization was planning to introduce a new stablecoin into the crypto market that will be backed by metals. Even though the mining firm […] дальше »

2018-10-29 04:37


Crypto Market to See a Huge Bullish Rally By Year End as Latest Reports Hints On an Imminent ETF Approval

As the deadline for review of ETF applications draws near, a report has tipped that approval of an ETF is highly likely. The report which is based on sources from CBOE said the outcome of a meeting between  US Securities and Exchange Commission (SEC) commissioner Elad Roisman and the CBOE, VanEck, and SolidX shows signs […] The post Crypto Market to See a Huge Bullish Rally By Year End as Latest Reports Hints On an Imminent ETF Approval appeared first on ZyCrypto. дальше »

2018-10-23 23:02