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Apple expects to lose $9 billion in Q1 revenue over slowing iPhone sales
Apple is facing a rocky start to 2019, as it’s published a letter from CEO Tim Cook to shareholders explaining that the company expects a $9 billion drop in revenue in the first quarter of 2019 (down from a high forecast of $93 billion to an updated figure of $84 billion). дальше »
2019-1-3 08:35 | |
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Kraken Battles with the XRP Army Over Ripple Semantics
Kraken has come under flak from the ‘XRP Army’ after disputing the vernacular around Ripple and XRP. Is Kraken’s persona fueled by Jesse Powell’s former bad blood with Ripple? Kraken is one of the largest US-based cryptocurrency exchanges, having facilitated $3. дальше »
2018-12-30 07:17 | |
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Huobi Derivatives Trading Surpasses $1B Over Christmas
Huobi, a major crypto exchange, has announced that it handled over $1 billion on its derivatives market (Huobi DM) on December 25th, an isolated accomplishment that highlights a broader trend in crypto investing. дальше »
2018-12-29 23:01 | |
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Could Ripple’s Multi-Billion Dollar XRP Reserves Pose a Risk to Token Holders?
Ripple, the custodial company to the open-source cryptocurrency XRP, owns 60 percent of all XRP ever created; these holdings are valued at $22 billion at current prices. Furthermore, company ‘insiders’ also hold a large percentage of circulating XRP. дальше »
2018-12-28 01:30 | |
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End of year stock roundup: How did Microsoft perform in 2018?
Microsoft Corporation (NASDAQ:MSFT) is set to end 2018 on a high, bumping off Apple from the top spot and becoming the most valuable publicly traded US company. The Washington-based American multinational technology company, whose founders were Bill Gates and Paul Allen, has been a rival of Apple for some time within the computer industry. дальше »
2018-12-27 13:00 | |
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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M
Madison Holdings Group Ltd. has agreed to buy 67. 2 percent of Japanese cryptocurrency exchange Bitocean for 1. 68 billion yen ($15. 12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30. дальше »
2018-12-27 03:55 | |
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Coinbase Transfers Biggest Amounts of BTC, ETH and LTC to Cold Storage Ever
The largest crypto exchange in the United States and one of the most relevant in the world today, Coinbase, has decided to take almost $5 billion USD in cryptos (mostly BTC, ETH and LTC) to its cold storage vault as part of an effort to make the company’s assets safer. This huge transaction will be […] дальше »
2018-12-25 22:57 | |
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Facebook May Launch a Stablecoin to Target India’s $69 Billion Remittance Market
Cryptocurrency’s first killer application may be well on its way from the rosters of Facebook, a company ironically known for practices contrary to the ethos of decentralized currencies and blockchains, reported South China Morning Post on December 21, 2018. дальше »
2018-12-22 15:00 | |
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End of year stock roundup: How did Amazon perform in 2018?
Amazon has been a good performer in 2018, and is up nearly 40 percent in the year. In September, the share price for it hit $2,000. The Seattle-based American electronic commerce company, whose CEO and founder is Jeff Bezos — America’s richest as noted by Forbes —was created in 1994. дальше »
2018-12-22 12:00 | |
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Upbit Denies Cryptocurrency Wash Trading Accusations
South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times. дальше »
2018-12-22 11:03 | |
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Will Facebook’s Foray Into Cryptocurrency Drive 2019 Adoption?
Bitcoin (BTC), Cryptocurrency, Facebook–On Dec. 20th, EWN reported on the development that Facebook, the world’s largest social media platform with over 2 billion active users, is in the process of creating a new cryptocurrency to be used for WhatsApp transfers. дальше »
2018-12-21 20:22 | |
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Coinbase Moves Investors Funds to the Tune of $5 Billion in Crypto Assets For Upcoming Token Expansion
Coinbase, as you probably have seen news about, is set to expand the number of tokens that the company is offering. Because of this, the exchange has made a considerable effort to significantly expand how it safeguards its assets. дальше »
2018-12-20 02:30 | |
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Hacked Crypto Exchange Coincheck Looks to Secure a License In Japan from FSA Financial Regulator
Do you remember Coincheck? The Japanese crypto exchange was hacked at the beginning of the year, in January. The company had half a billion dollars stolen in cryptos, mostly NEM tokens, was sold to Monex for only $33 million USD back in October. дальше »
2018-12-19 20:07 | |
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Платформа Waves привлекла $120 млн на разработку приватного блокчейна Vostok
Команда Waves Platform объявила об успешном закрытии раунда финансирования, по итогам которого привлекла $120 млн на разработку корпоративного блокчейна Vostok. https://t. co/2SqTPaGOO2 #Vostok, a one billion dollar project in #Waves ecosystem, has closed the first funding round. дальше »
2018-12-19 14:40 | |
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Will Coinbase Hit Its 2018 Target of $1.3 Billion in Revenue?
The current crypto bear market is dragging on, with billions in cryptocurrency wealth wiped out in 2018. The trading volume of six year-old Coinbase has hit a yearly low. Despite the crypto winter, the company is continuing to raise funds and has reached an impressive valuation of $8 billion. дальше »
2018-12-15 21:00 | |
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Apple will splash out $1 billion on new Austin campus
After losing the title of the most valuable company of the world to Microsoft, Apple is looking to expand its network of offices. The iPhone maker said that it’ll invest $1 billion to open a campus in Austin, Texas. дальше »
2018-12-13 15:55 | |
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Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. дальше »
2018-12-13 21:15 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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FairBnB is an ethical alternative to Airbnb, coming in 2019
In terms of entrepreneurship and innovation, Airbnb is an absolutely brilliant company. Based on the simple idea of helping people rent out their homes to tourists, the company’s yearly revenue has passed the $2 billion mark in its first 10 years and its services are available in almost every country on the planet. дальше »
2018-12-6 16:11 | |
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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes
Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses. дальше »
2018-12-5 13:00 | |
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Chinese Government-Backed Company to Launch Stablecoin by February
Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019. дальше »
2018-12-5 23:15 | |
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Report: Crypto Exchanges Are Recording Impressive Revenues
Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. дальше »
2018-11-29 20:08 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market. дальше »
2018-11-28 21:44 | |
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Sketchy apps with more than 2 billion installs allegedly involved in click fraud
Chinese app developer Cheetah Mobile has been accused of running a major click fraud scam, using its Android apps which have a combined install base of more than 2 billion. BuzzFeed News reported that research from mobile analytics company Kochava found eight apps – seven from Cheetah Mobile and one from Kika Tech – misusing Android user permissions to gain referral earnings from app installs. дальше »
2018-11-27 13:13 | |
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Microsoft briefly toppled Apple as the most valuable company in the world
Today, Microsoft became the most valuable company in the world, surpassing Apple for the first time in years. Well, for a few moments anyway. Microsoft briefly overtook Apple’s market value during trading hours, but as of writing, it’s a bit of a wash. дальше »
2018-11-27 02:13 | |
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Instagram is using machine learning to kill off your fake followers
Don’t freak out if you see your Instagram audience shrink in the near future. The company announced that it’s kicking off a clean-up drive to remove bots and fake accounts from its platform, and that may well lead to a drop in your follower count. дальше »
2018-11-20 14:10 | |
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Korean Power Provider KEPCO to Utilize Blockchain Tech to Build Next-Gen Solar Micro Grid
KEPCO, the largest power provider in South Korea, has affirmed that the company will start using the blockchain technology and other innovative energy solutions in order to develop its next-gen micro grid. дальше »
2018-11-20 04:36 | |
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New Cryptocurrency-Based ETP Arrives in Switzerland
Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e. дальше »
2018-11-20 02:50 | |
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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business
American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom. дальше »
2018-11-18 15:00 | |
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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme
Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7. 8 billion yen (approximately $68. 42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their. дальше »
2018-11-18 02:00 | |
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Japan: 8 Arrested in Connection With $68 Million Cryptocurrency Pyramid Scheme
The Asahi Shimbun reported on Nov. 14th that eight men in Tokyo were allegedly arrested by the police for involvement in a cryptocurrency pyramid scheme that netted 7. 8 billion yen ($68. 42 million) from 6,000 unsuspecting people in 44 prefectures. дальше »
2018-11-16 14:34 | |
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Facebook removed 1.5 billion fake accounts between April and September
Facebook released its community standards report today, in which it detailed how it dealt with fake news, spam, hate speech, and terrorist propaganda on its platform. The company noted that, between April and September 2018, it removed a whopping 1. дальше »
2018-11-16 10:16 | |
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The Story Of How Brian Amstrong, CEO of Coinbase, Became a Millionaire
Coinbase is currently the main crypto exchange in the United States. The company has been recently valued at $8 billion USD. This has made its CEO, Brian Armstrong, “worth” $.3 billion USD. How, in about six years, did this company become so successful? NewsBTC has recently published an article explaining this story. The Story Of […] дальше »
2018-11-15 11:46 | |
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Pentagon remains hellbent on using a single-provider cloud for Project JEDI
The US government today dismissed a protest against its Project JEDI contract filed by Oracle. The company claimed the project’s bidding process was rigged, and that choosing a single awardee went against Federal statutes. дальше »
2018-11-15 02:47 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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Technology and Data Services Provider Libra Announced Support for Circle’s Financial Reporting Requirements
Libra, technology and data services provider, recently said that it would support the financial reporting requirements of Circle. The company is now reiterating its role at OTC crypto trading desks where it automates middle and back office processes. дальше »
2018-11-9 19:04 | |
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China’s Ping An Insurance Eyes Blockchain and AI FinTech Healthcare Innovation with $15 Billion Investment
Ping An Insurance Is set to Invest about $15B In Fintech, Blockchain, And Health tech The $15B (RMS 100 billion) will be invested by the Chinese holding multinational Ping An Insurance in several developments and research technologies. дальше »
2018-11-9 00:02 | |
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15. дальше »
2018-11-9 18:52 | |
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Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation
CoinSpeaker Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation Crypto mining company BitFury has closed a $80 million private funding round led by European venture capital firm Korelya Capital and billionaire Mike Novogratz. дальше »
2018-11-8 12:54 | |
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Everest Announces Partnership with Indonesian Government to Help Track Payouts
Everest co-founder Bob Reid says his company is working with the Indonesian government on a landmark project that will allow them to biometrically track and issue energy subsidies. Speaking to EAK TV, Reid said the Indonesian government currently distributes $7 billion to 50 million people, but they cannot verify that a massive $1. дальше »
2018-11-7 22:00 | |
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EU’s investigation into Google AdSense is coming to a close
Margrethe Vestager, EU‘s Competition Commissioner, just confirmed that the EU‘s antitrust investigation into Google AdSense will soon be wrapped up. “We are approaching the end of that investigation,” Vestager told reporters at Web Summit in Lisbon, according to Reuters. дальше »
2018-11-7 18:26 | |
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Coinbase Roundup: Series E Funding, Institutional Interest, and Listing the Basic Attention Token (BAT)
American cryptocurrency exchange Coinbase has closed its fifth Series E funding round. On October 30, 2018, the company announced that it had successfully secured a $300 million investment “to accelerate the adoption of cryptocurrencies and digital assets. дальше »
2018-11-4 13:00 | |
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Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account
Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves. дальше »
2018-11-3 22:00 | |
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Tether Confirms New Bank and Claims to Have $1.8 Billion in Cash
Tether Ltd. has confirmed the identity of its new bank. The company behind the eponymous tether stablecoin (USDT) has historically been reluctant to disclose its banking arrangements, for fear they might be jeopardized. дальше »
2018-11-2 14:40 | |
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Coinbase Executive Refers To Latest $300 Million Investment As Savings For A ‘Rainy Day’
You have probably heard that Coinbase, the largest crypto exchange in the United States, which is now valued at more than $8 billion USD, recently had a Series E funding round. Now, Coinbase’s vice president of corporate and business development, Emilie Choi, has affirmed that the $300 million that the company was able to get […] дальше »
2018-11-2 10:06 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Research: EOS is not a blockchain, it’s a glorified cloud computing service
A blockchain testing company claims it has found something quite shocking: EOS, a blockchain protocol that was worth $4 billion a few months ago, may not actually be a blockchain. In a new experiment, benchmarking firm Whiteblock concluded that the EOS token (and its RAM market) is essentially a cloud service for computation – and is built on an entirely centralized premise. дальше »
2018-11-1 16:00 | |
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Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift Cards
The Bitcoin. com Store has now partnered with the company Egifter. Thanks to the collaboration, Bitcoin. com Store patrons can purchase an assortment of over 300 top-branded gift cards to stores and restaurants worldwide with bitcoin cash. дальше »
2018-11-1 10:35 | |
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