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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Goldman Sachs-Backed Circle Launches Stablecoin USDC
Boston-based Circle introduced on Wednesday tokenized U. S. dollars over public blockchains called USD//Coin or USDC. The move to introduce yet another stablecoin in the market is done in partnership with CENTRE open source consortium. дальше »
2018-9-27 15:00 | |
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Bitmain Launches “Next-Gen” 7nm Processor As IPO Looms
New 7nm Chip To Be Implemented In Upcoming Bitmain ASIC Machines Per an official announcement from Bitmain, Jihan Wu, the CEO of the Beijing-based cryptocurrency mining giant, revealed that his firm is launching the SHA256-focused BM1391, the long-awaited, next step in the evolution of Bitcoin mining machines. дальше »
2018-9-22 07:36 | |
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Bitmain Monopoly is Showing Cracks, According to Analysts
The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory. дальше »
2018-8-23 16:00 | |
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Bitmain IPO: Is the Unicorn Mining Giant Misleading Investors?
In early August 2018, Beijing-based Bitmain Technologies announced its plan to go public in Q4 2018 to much excitement and fanfare. The Chinese cryptocurrency company, founded in 2013 by Jihan Wu and Micree Zhan, has long been a powerhouse in the cryptocurrency space. дальше »
2018-8-22 02:05 | |
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Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. дальше »
2018-8-2 01:00 | |
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China to Develop its Blockchain Incubation Business in Partnership with Future FinTech Group
Future Fintech Group, a Florida based enterprise engaged in the field of financial and technological development, announced on July 26, 2018, the formation of a wholly owned subsidiary, dubbed China Future Digital Fintech Ltd. дальше »
2018-7-30 00:30 | |
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Chinese City of Nanjing Launches $1.5 Billion Government Blockchain Fund
More news of China’s increased interest in blockchain technology comes out of Nanjing today, July 23rd. The capital of China’s Jiangsu province has launched an investment fund totaling $1. 48 billion for tokenized blockchain projects, ZNET reports. дальше »
2018-7-25 08:51 | |
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Chinese City of Nanjing Launches $1.5 Billion Government Blockchain Fund
More news of China’s increased interest in blockchain technology comes out of Nanjing today, July 23rd. The capital of China’s Jiangsu province has launched an investment fund totaling $1. дальше »
2018-7-24 03:19 | |
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Nanjing China to Launch $1.5 Billion in Local Blockchain Project Funding
Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes. дальше »
2018-7-24 02:26 | |
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Ex-Triad Gangster Raises $750 Million in Five Minutes To Supposedly Launch Chess and Poker Tournaments
A gangster based out of Macau in China, Wan Kuok-koi “Broken Tooth,” raised $750 Million in an Initial Coin Offering (ICO) has partnered with an undisclosed Beijing-based firm to back chess and poker tournaments. дальше »
2018-7-18 22:00 | |
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Letter of Intent for $160 Mln Security Token Investment was signed by Overstock’s tZero
tZERO, a security token exchange and subsidiary of Overstock. com, has signed a letter of intent with investment company GSR Capital for the purchase of $160 million in tZERO Security Tokens, according to a press release published June 29. дальше »
2018-6-30 06:50 | |
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Crypto on the Go: Investors Find Value in Cheetah’s New Tracking App
Cheetah Mobile, a Beijing-based app developer, announced on Thursday that it’s releasing an app aimed to make it simpler for investors to monitor their cryptocurrency portfolios. Dubbed Coin Master, the mobile app – available for both iOS and Android – will track the real-time prices of cryptocurrencies on over 100 exchanges and automatically calculate overall losses дальше »
2018-6-21 18:14 | |
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