Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

News	2018-10-23 19:00

GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.

Giga-Watt Lays off 80 Percent of Staff and Suspends Construction. . . Read More. The post by Cindy Huynh appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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Источник: btcmanager.com

cryptocurrency debt → Результатов: 16

Central Washington’s Bitcoin Pioneer Giga Watt Loses Its Spark

Giga Watt, the golden child of Washington’s Bitcoin boom, is going through the most troublesome time since its existence. While investors remain dissatisfied and angry, the venture itself is struggling with massive debt.

2018-10-22 20:44	Mining
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

2018-10-16 16:07	Digital assets
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$50,000 Bitcoin ATM Scam Surfaces in Australia

In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants, were threatened with an arrest if they failed to pay the total amount.

2018-10-7 10:00	Scam
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
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Cryptocurrency Trading Volume to Grow 50% in 2019, New Study Says

A new study on cryptocurrency trading and custody trends holds that digital currency trading is going to grow by 50 percent in 2019 while overtaking the US Corporate Debt trading volume in 2018. Measurable Growth A study called Crypto Asset Market Coverage Initiation: Trading & Custody reveals that cryptocurrency trading volume is about to grow further.

2018-9-24 17:00
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World Bank Launches Its First Global Blockchain Bond Called Bond-i

The World Bank launched late August a fully blockchain-operated debt instrument called bond-i. According to an official press release, bond-i is the first bond to be fully launched operated, allocated and managed using blockchain technology.

2018-9-11 17:29	blockchain
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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs

Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion.

2018-9-11 22:01	Regulation
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Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy

Naples could be joining a short but still growing list of places that view cryptocurrency as a possible solution to its financial woes. That is if outspoken City Mayor Luigi de Magistris gets his way as he believes that issuing their own municipal cryptocurrency is the way to regain autonomy, break free from unfair debt […] Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-7 18:59	Cryptocurrency
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Cryptocurrency Boom Leaves new Investors with Six-Figure Debt

With the total market capitalization of cryptocurrencies reaching beyond $800 billion at the start of 2018, it’s no wonder that thousands of people have thrown almost their entire life savings into bitcoin and other cryptocurrencies.

2018-8-21 22:00	Investing
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‘Buy Crypto’: Kim Dotcom Warns Of Looming US Dollar Implosion

Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar.

2018-8-15 08:00	US dollar
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Cryptocurrency Investor Plunged into $160,000 Debt After Securing a Loan to Trade in Virtual Currencies

An Abu Dhabi resident is facing the prospect of having to repay more than $160,000 in bank debt after his cryptocurrency investment went awry. The story is another testament to the significant risks involved in virtual currency trading due to the volatile nature of the market.

2018-8-15 23:02	Cryptocurrency News
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USD Will Turn To Toilet Paper, Invest In Crypto Says Internet Magnate

Debt. That’s what internet superstar Kim Dotcom believes will bring down the US Dollar. With an alleged $1 trillion added to the US government’s deficit each year, he might not be far wrong either.

2018-8-13 15:00	Cryptocoins
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Crypto Head honchos Fight Over Affirmed 30,000 Bitcoin Debt

Chen Weixing made a number of accusations in a WeChat post on June 9, taking aim at Li Xiaolai, a successful Chinese cryptocurrency investor and an early bitcoin evangelist in the country. The reason, Chen alleged, was that Li had spent all the raised bitcoins on Just-Dice, a bitcoin gambling site. Having offered no proof to

2018-6-14 19:09	WeChat
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The Fear and Greed Index has plummeted to 21, marking heightened fear in the market. ETF net flows show a mixed trend, with BTC seeing minor inflows while ETH struggles with continued outflows.

Pi network not really decentralized? 82.8 billion PI coins stir debate

Pi Network’s 82. 8 billion holdings sparked concerns over centralization, transparency, and validator control. Despite reaching a $12. 26 billion market cap, PI faced growing skepticism amid goThe post Pi network not really decentralized? 82.

XRP Dominance booms as altcoins bleed - Can it challenge Bitcoin, Ethereum next?

Despite altcoins seeing significant losses, XRP's dominance has been at its highest level since 2020. XRP has gained by 2.61% over the past day. Over the past year, Ripple's XRP has experienThe post XRP Dominance booms as altcoins bleed - Can it challenge Bitcoin, Ethereum next? appeared first on AMBCrypto.

Ethereum faces heavy sell-off - So how are investors still holding strong?

Ethereum's net taker volume remained deep in the red, signaling sustained sell pressure over the past few months. Despite the selling pressure, the total number of ETH holders continued to incrThe post Ethereum faces heavy sell-off - So how are investors still holding strong? appeared first on AMBCrypto.

Crypto trading volume plunges 63% despite market cap recovery - Rally at risk?

The declining crypto trading volume raised concerns about weakening market momentum and trader exhaustion. Sustained recovery requires both rising prices and increasing trading volume for stronThe post Crypto trading volume plunges 63% despite market cap recovery - Rally at risk? appeared first on AMBCrypto.

XRP News: Franklin Templeton Joins XRP ETF Race Amid SEC Delays

Global asset manager Franklin Templeton has officially entered the XRP ETF race, filing an S-1 form with the U.S. Securities and Exchange Commission (SEC).

'Many more' interested in a Bitcoin Reserve - How Trump has carved crypto's future

The U. S. Strategic Bitcoin Reserve boosts global government interest in cryptocurrency adoption. Deutsche Bank sees Bitcoin as a “hard reserve asset” with strong diversification potential.

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cryptocurrency debt → Результатов: 16

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