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How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »

2019-1-16 08:25


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Bitmain Pauses Texas Mining Operations, County Officials Report

According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. дальше »

2019-1-14 06:30


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Ukraine’s Central Bank Official Says “Too Much regulation” Stagnates Cryptocurrency Growth in the State

Vidyakin, the Director of the Department of Strategy and reforms at the National bank of Ukraine (NBU) has reportedly opined that too many regulators are being given the authority to regulate cryptos and fintech; he believes the situation is adversely affecting the industry, as per local news source LetKnow on January 8, 2018. дальше »

2019-1-10 14:00


Swedish Reserve Bank Riksbank Warns Users of Crypto Scammers Selling Fake ‘e-Krona’

While Sweden has gained a reputation as a remarkably progressive country with regards to embracing technology, there are some things that don't change – scams. According to the country's reserve bank, a warning has been sent out to the public to be vigilant around companies and/or individuals that are reportedly selling the electronic version of […] дальше »

2019-1-10 04:33


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Crypto Exchange ShapeShift Lays Off 37 People Amid Crypto Winter

On January 8, 2019, Swiss cryptocurrency exchange ShapeShift reportedly laid off 37 employees, citing a tough market climate according to the exchange’s CEO Erik Voorhees. Crypto Winter Hits ShapeShift Another business in the crypto industry has suffered from the prolonged crypto winter that has slowed its growth since November 2018. дальше »

2019-1-10 22:00


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V. Shankar of Gateway: “Bitcoin Has Finally Proven It’s not a Viable Investment”

In late 2017 when the price of bitcoin and other digital assets embarked on a journey to the moon and FOMO  swept across the crypto space, Viswanathan Shankar, the CEO of Gateway Partners Limited, a Cayman-based private equity firm that invests in growth opportunities across a number of continents reportedly warned investors to “steer clear” from cryptos. дальше »

2019-1-4 00:00


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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