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Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized?

Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South China Morning Post. Bitmain’s Founders Could Be Stepping Aside Ahead of the Company’s IPO The world’s largest manufacturer of cryptocurrency mining hardware is reportedly looking to replace its top management in […] The post Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized? appeared first on CryptoSlate. дальше »

2019-1-12 01:54


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France Starts Selling Bitcoin At 6 Tobacco Shops – 6,500 By Next Month

An initiative to sell Bitcoin (BTC) in France’s 24,000 tobacco kiosks has tentatively launched despite votes of no confidence from the central bank and other sources. 6 Tobacconists Today, 6500 By February As Reuters reported January 8 quoting organizer Adil Zakhar, six ‘Tabac’ shops in Paris began offering prepaid Bitcoin cards this week, with plans to roll out the scheme in rapid fashion to over 6500 as soon as next month. дальше »

2019-1-9 16:00


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Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY

Canaan, the second biggest Bitcoin mining hardware maker, is reportedly considering an IPO in the New York after shelving its Hong Kong IPO plans in late 2018.   Canaan Eyes US IPO Citing sources familiar to the matter, Bloomberg reported that the second largest Chinese manufacturer of Bitcoin mining hardware, Canaan, is looking into the possibility of an IPO in New York. дальше »

2019-1-9 15:00


Crypto Community, World At Large Is Puzzled At The True Value Of The Venezuela’s Petro Coin

What Is The True Value Of The Petro Cryptocurrency From Venezuela? To-date, the value of the petro—the cryptocurrency from Venezuela that is supported by its oil revenues is yet to be established. This is despite the fact that the cryptocurrency is actually recognized and backed by the Venezuelan government. Government sources who have been questioned […] дальше »

2019-1-4 20:03


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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


Facebook to join crypto world, IOTA invents new cryptography hash function while Coinbase expands their services

Facebook to use cryptocurrency for WhatsApp transfers Bloomberg reported today that popular social media giant Facebook intends to dip its does deeper into the waters of cryptocurrency. According to unnamed sources, Facebook is working on making a cryptocurrency that will let users transfer money via the WhatsApp messaging app. дальше »

2018-12-22 21:53


Facebook makes the much anticipated dive into Crypto, a stablecoin backed by WhatsApp is currently in the works

Insiders sources have recently revealed that the leading social media platform Facebook, is currently expanding its structure with a major dive into the world of cryptocurrency. As reported by Bloomberg, the social media giant is making plans to incept cryptocurrencies into its messaging application WhatsApp. дальше »

2018-12-21 14:24


Bloomberg Crypto Report Says Tether Stablecoin Earned $6.6 Million in Interest in First Half of 2018

Tether (TS) was able to earn around $6.6 million during the first six months of the year according to a report released by Bloomberg on December 18. With the US Dollars reserves that it has across different banking institutions, the company is able to make several millions of interests. At the same time, citing sources […] дальше »

2018-12-19 00:35


Stablecoin project Basis is shutting down and returning funds to investors because of regulatory pressure

Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […] дальше »

2018-12-13 11:38