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Bitmain Reports $2.8 billion in Revenue ahead of IPO
Bitmain Technologies Ltd. , the world’s largest cryptocurrency mining company, filed a preliminary IPO prospectus with the Hong Kong Stock Exchange (HKEX), disclosing revenues of $2. 8 billion in the first half of 2018, Business Insider India reported on September 26, 2018. дальше »
2018-9-27 19:30 | |
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Switzerland wants banks and cryptocurrencies to play nice
Switzerland is offering a leg up to fledgling blockchain businesses in an attempt to affirms itself as a global cryptocurrency hub. The European banking haven is facing an exodus of blockchain startups due to uncharacteristically tough banking conditions, Reuters reports. дальше »
2018-9-21 18:35 | |
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Uber is reportedly looking to buy Deliveroo to dominate the delivery biz in Europe
Uber is said to be in preliminary talks to acquire London-headquartered food delivery company Deliveroo, reports Bloomberg. The firm is presently valued at over $2 billion, and Uber will likely have to cough up a fair bit more than that to snap it up. дальше »
2018-9-21 11:37 | |
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Citigroup Creates New New Non-Custodial Bitcoin Product
Citigroup has reportedly developed a new way for institutional investors to gain exposure to Bitcoin without owning any, Business Insider reports September 10. Citi’s ‘Digital Asset Receipt’ Citing “people familiar” with the bank’s “plans,” the publication reveals the US giant is aiming to leverage a version of traditional finance tool the American Depository Receipt (ADR) for Bitcoin, creating the Digital Asset Receipt (DAR). дальше »
2018-9-10 16:00 | |
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Washington Mining Enclave to Be Hit with Increased Power Costs
Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. дальше »
2018-9-7 00:00 | |
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Coinbase intent on launching a cryptocurrency fund on Wall Street
Coinbase appears to have taken a look at the efforts of other cryptocurrency fat-cats and reckons it can succeed where others failed. Sources have indicated Coinbase is intent on launching an exchange-traded fund (ETF) for cryptocurrency, something that has proven practically impossible. дальше »
2018-9-7 18:50 | |
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Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner (Updated)
Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information. дальше »
2018-9-8 21:57 | |
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Bitcoin Bull Tom Lee Says Ether Futures are Bad for Ethereum, but Good for Bitcoin
Business Insider reports that Cboe is telling its trading firm clients that it is getting close to launching a market for Ether futures. Bitcoin bull Tom Lee, however, believes that futures will pose problems for Ethereum. дальше »
2018-9-5 23:19 | |
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Report Suggests Wall Street’s Influence has Drastically Improved Price Variations Between Cryptocurrency Exchanges
Recent data analysis by cryptocurrency trading technology firm SFOX shows a significant drop-off in price variations on digital asset exchanges in 2018. According to SFOX, the trend can be attributed to large Wall Streets firms entering into the market, Business Insider UK reports. дальше »
2018-9-5 22:53 | |
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BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status
The research arm of Bitcoin Mercantile Exchange (BitMEX) recently analyzed leaked data about mining giant Bitmain to pinpoint fallacies and other investor accusations toward the mining business. Bitmain a Potential ‘Legend’ BitMEX researchers defined Bitmain, which is valued at $8 billion ahead of its public listing in Hong Kong, a technology player with “legendary” potential, […] The post BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status appeared first on CryptoSlate. дальше »
2018-9-1 21:00 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Philippines, South Korea and Thailand All Planning to Ease Crypto Regulations, Creating ‘Crypto Valleys’
Local news outlet Nikkei Asian Review reports that several Asian countries have launched simultaneous efforts to ease government regulations to attract new financial technology (fintech) companies. дальше »
2018-8-28 18:25 | |
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Infiniti Research Outlines Cryptocurrencies’ Impact on the Financial Industry
World-renowned market intelligence solutions provider Infiniti Research has released a new publication outlining different types of digital currency and their impact on the financial industry, Business Wire reports. дальше »
2018-8-10 21:29 | |
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Facebook recently started asking banks for your financial data
A report from the Wall Street Journal today revealed Facebook was attempting to gain detailed financial information from its users’ banks. Oof, in how many languages can I say “no?” According to the Journal, Facebook has approached the likes of Wells Fargo, JP Morgan Chase, and Citigroup with an eye toward partnership. дальше »
2018-8-7 02:45 | |
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Long Blockchain Subpoenaed by SEC In the midst of Re-Marking Endeavors
Long Blockchain, the former beverage company-turned-blockchain firm, was hit with a subpoena from the SEC, according to statements filed by the company on Wednesday. Long Blockchain is cooperating with the authorities in regards to the matter, reports from Bloomberg indicate. дальше »
2018-8-3 11:11 | |
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This Company’s Stock Rose Over 500% Just By Adding ‘Blockchain’ To Their Name
If you own a small business and want to spike the price of your stock, just stick blockchain in your name, because apparently it works. According to reports out this afternoon, Long Island Tea Corp, a company that produces bottles of flavoured iced tea, decided to change their name to ‘Long Blockchain Corp’ in December 2017. дальше »
2018-8-2 18:30 | |
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Bittrex Crypto Exchange Enables Access to USD Trading Service For Select Users
Like any other business, cryptocurrency exchanges need to grow to support other currencies in the financial industry. Bittrex’s recent strides show that the platform wants to offer USD trading for the everyday client soon, but there are a few exclusive users that have already had access. дальше »
2018-8-2 00:36 | |
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Are Cryptocurrency Research Centers in South Korea the Next Step Towards Mass Adoption?
Industry-specific research centers have begun opening in South Korea, aiming to provide comprehensive analyses of the cryptocurrency market conditions in the country and abroad. Adoption Through Clarity And Protection Local media Business Korea reports that specialized cryptocurrency research centers have started to launch in South Korea. дальше »
2018-7-31 02:00 | |
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SyntheticsAI ICO (SYNT Token): Blockchain AI Market Business Reports?
Synthetic AI ICO looks to create a venture to connect brands and consumers through blockchain solutions involving Chatbot that will enable an innovative conversation among the participants. The goal is to create a direct communication channel between the brands and their respective consumers which in turn would help deliver better involvement in the different industries. […] дальше »
2018-7-30 18:18 | |
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Early Bitcoin Investor: “Everybody Should Put Something Into Crypto”
To be frank, the cryptocurrency industry is a widely misunderstood place, with recent reports highlighting that a majority of the public does not understand the variety of facets in this nascent industry, including Bitcoin. дальше »
2018-7-30 00:38 | |
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Telangana – The Indian State and Blockchain Firms are to sign MoUs to Streamline Gov’t Services.
The Indian state of Telangana announced it will sign several memoranda of understanding (MoUs) with blockchain firms as to eventually implement the technology in state applications, local Indian news agency the Business Standard reports July 26. дальше »
2018-7-27 10:13 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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Microsoft’s upcoming Xbox range reportedly includes a powerful console and a game streaming device
We’ve been hearing about Microsoft’s ambitions for the future of its Xbox gaming business since E3, where the company revealed it was working on a cloud-based game streaming service. In a new report, Thurrott. дальше »
2018-7-24 08:45 | |
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ZED ICO
ZED offers a compliance-friendly solution enabling Money Transfer Operators to leverage leading blockchain technology and scale their business. For small to medium sized MTOs that can't effectively compete with larger MTOs, ZED is a SaaS platform built on a distributed ledger that reduces costs and transaction friction. дальше »
2018-7-22 20:34 | |
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Coinbase acquires $20 Billion Hedge Fund thorugh Prime Services
Major U. S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched “Coinbase Custody,” its digital assets custodian solution for large institutional investors, on July 2. дальше »
2018-7-21 01:45 | |
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Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California
Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports. дальше »
2018-7-21 22:00 | |
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‘I’d Like to watch us Test $5,000’: bitmex ceo Down to business on Bitcoin Cost Rise
Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when Bitcoin’s price jumped from $6700 to $7500 in under an hour. дальше »
2018-7-20 15:14 | |
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Walmart is reportedly building a video streaming service to take on Netflix
The Information reports that retail giant Walmart is thinking about getting into the streaming video business with a new platform – and edge out the likes of Netflix and Amazon Prime Video with cheaper subscriptions. дальше »
2018-7-18 08:45 | |
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Most Valuable Crypto Company in the World Bitmain Opens Silicon Valley Office
Bitmain Opens 20,000 Sq. Foot Office In Silicon Valley The most prized firm in the crypto industry, Bitmain, has opened an office in the Silicon Valley. This is in preparation for the company’s initial coin offering later in 2018. дальше »
2018-7-18 02:14 | |
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Romania Drafting Bill to Regulate Electronic Money
The Romanian Ministry of Finance has published a draft “Emergency Ordianance” regulating the issuing of electronic money, Business Review reports. The new bill requires issuers of over EUR 350,000 of social capital in the form of electronic money to be cleared by Romania’s central bank. дальше »
2018-7-9 18:49 | |
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South Korea legitimizes Blackheine business with major new classification standards
The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) дальше »
2018-7-5 19:23 | |
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Overhauling Crypto Regulation being looked into by Japanese Regulators
Regulation Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. Japan Confirms Entrance дальше »
2018-7-5 05:46 | |
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Japanese Regulator Responds to Reports of Overhauling Crypto Regulation
Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. дальше »
2018-7-5 04:40 | |
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Kakao Seeks Partners for Blockchain Venture
South Koreas most popular message-app operator, Kakao Corp. , is considerings a private placement next month to raise funds from partners in helping to build the company’s blockchain platform, Bloomberg reports. дальше »
2018-6-29 17:11 | |
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Robinhood Delves Deeper Into Crypto Trading, Could Challenge Coinbase’s Dominance
Robinhood, more commonly known as the commission-free stock trading app, has been making waves in the cryptocurrency scene lately. Various reports have surfaced stating that the company appears to be getting serious in its cryptocurrency business, putting it on a collision course with Coinbase, the current number one crypto exchange and broker in the US. дальше »
2018-6-28 01:59 | |
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Robinhood Aims to be Coinbase Competitor with Crypto Service Expansion
Robinhood, a fee-less financial services startup, recently opened up free cryptocurrency trading for U. S. customers. Many users criticized ‘Robinhood Crypto’ for its limited cryptocurrency-related services. дальше »
2018-6-26 14:00 | |
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Swiss National Bank Executive: Central Banks Now Finding Crypto Issuance Unappealing
Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23. дальше »
2018-6-23 16:59 | |
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‘Regulatory Reckoning’ in future for Ico Market, says Cboe Global Markets President
CBOE Global Markets President Chris Concannon has claimed that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning,” Business Insider reports June 19. First, the SEC will go after ICO market participants. дальше »
2018-6-20 08:55 | |
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Cloud mining market reports offers an in-depth research of key business tendencies and future market development prospects
Report on Cloud Mining market is a combination of primary and secondary research data collected in numerous surveys and interviews conducted This press release was orginally distributed by SBWire Pune, India — (SBWIRE) — 06/15/2018 — Investing in cloud mining (cloud mining) is the most reasonable step in preserving and increasing your crypto-currency assets at the … дальше »
2018-7-9 12:59 | |
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National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money
Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches. дальше »
2018-6-15 12:30 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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Swiss Bank to Allow Business Accounts for Crypto Companies
Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly. дальше »
2018-6-12 22:22 | |
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