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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


This week in Crypto: Tron hits 100 Million TXs a day, Trump Appoints Crypto Advocate, Crypto market bull run, XRP Whale Spotted, Bakkt Bitcoin Futures Approval, Bitcoin to $50k and More

During the course of the week, many events took place in the crypto space, one of the most remarkable being the market recovery that nearly all cryptocurrencies have witnessed. Bitcoin also recovered to $4,000 for the first time since the crash which started in November 2018. дальше »

2018-12-24 22:57


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Hackers Unfazed by Crypto Price Crash as they Double Down on Wallet Attacks

According to a report by ZDNet, published on December 10, 2018, cybercriminals have doubled-down on their efforts to hack into internet-exposed Ethereum wallets and mining equipment. Publicly Exposed Ports Risk Holders Wallets Per the report, cybercriminals are actively scanning for crypto equipment with port 8545 exposed online. дальше »

2018-12-11 18:05


Roger Ver Unfazed By Bitcoin Crash, Maintains Crypto Has Value

Roger Ver, CEO of Bitcoin.com and the de-facto face of the Bitcoin Cash (ABC) project, recently met with Bloomberg in an exclusive video. Ver, known for his hate for centralized entities, and radical libertarian thought process, and penchant for the Austrian brand of economics, maintained that cryptocurrencies still have value, even in spite of 2018’s […] The post Roger Ver Unfazed By Bitcoin Crash, Maintains Crypto Has Value appeared first on Ethereum World News. дальше »

2018-12-5 10:17


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Wall Street Continues to Experiment with Cryptocurrencies Despite Crypto Crash

Players in the mainstream finance sector continue to experiment with cryptocurrencies and blockchain technology despite the recent Bitcoin crash. According to the Financial Time’s Article published on November 28, 2018, many companies such as large proprietary traders and institutional investors are still looking to ride the cryptocurrency movement, as they believe that the tokenization of physical and tangible assets are. дальше »

2018-12-1 06:00


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Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction strategies to ensure that the company remains economically sustainable. дальше »

2018-11-30 00:00


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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash

World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported  NW news network on November 18, 2018. дальше »

2018-11-21 16:00


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Bitcoin Inches Back up After Falling 23.8% in 2 Days; Sets New Record Low for 2018

Just last week, crypto investors were alarmed when the market fell $27. 5B in just 11 hours. The downturn affected Bitcoin’s market capitalization which decreased by $14 billion. However, last week’s crash was just the prelude of an even bigger decline which just happened recently – a decline so steep that it set a new 2018 […] Bitcoin Inches Back up After Falling 23. дальше »

2018-11-21 15:29


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Cryptocurrency Price Crash May Be Necessary for the Industry to Mature

The cryptocurrency industry’s market cap recently fell to its lowest state in over a year after a long period of stability. According to a CNBC interview with entrepreneur Alexis Ohanian, published on November 16, 2018, the founder of Reddit believes that the cryptocurrency price crash may be a necessary step for the industry to mature and provide tremendous value over. дальше »

2018-11-17 10:00


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The Great Crypto Crash of 2018 Is Officially Worse Than the Dot-Com Crash

The cryptocurrency market value has fallen hard from its all-time highs in January 2018 at $813. 8 billion to $186. 9 billion in September 2018. The cryptocurrency market has plunged 80 percent and thus surpassed the decline from the dot-com bubble crash in 2000 according to a Bloomberg article released on September 12, 2018. дальше »

2018-9-14 20:30