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Bitcoin [BTC] mining company Bitmain completes Series B funding round, alleged IPO to follow
According to sources, Bitmain, the Chinese Bitcoin [BTC] mining company, has recently closed a Series B funding round. This values the firm at $16 billion. The news emerged from the Chinese business media outlet Caixin, which reported earlier today that Bitmain had new equity funding. дальше »
2018-7-7 05:08 | |
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Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding
$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […] дальше »
2018-7-7 23:43 | |
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Chinese Court Accepts Evidence On The Blockchain in Landmark Case
Chinese courts have recognized Blockchain-based evidence as suitable for use in legal proceedings in a landmark case commentators are saying “has huge implications. ” Court: ‘New’ Tech Should Not Get Unfair Treatment A judgement from the Internet Court of Hangzhou translated on social media by Messari head of business development Katherine Wu June 29 confirmed a defendant had used Blockchain to prove innocence. дальше »
2018-7-2 16:00 | |
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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners
Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output. дальше »
2018-7-1 19:00 | |
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Could Tron[TRX] and Cardano [ADA] Strike a New Partnership?
A series of tweets exchanged between Cardano founder Charles Hoskinson and Tron founder Justin Sun have gathered much media attention as they could hint at Tron’s shift from the Ethereum blockchain. дальше »
2018-6-29 19:14 | |
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
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200 Computers Used to Mine Cryptos Seized by Chinese Police
Crypto mining has been grabbing headlines in recent weeks, whether it’s the proposed moratorium in Missouri or the hiked power prices in Quebec. Most recently, a crypto miner who attempted to ‘steal’ power for his mining operations was arrested and his equipment confiscated. дальше »
2018-6-27 21:00 | |
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A New Chinese Crypto Exchange Sparks Controversy Due to Its Business Model
A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world. дальше »
2018-6-25 20:38 | |
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AliPay CEO Jack Ma Confirms Successful 3-Second Blockchain Remittance
Jack Ma’s Ant Financial (AliPay) has revealed it has successfully trialled a new Blockchain remittance service which it plans to expand throughout the world. Ma: Blockchain Remittances Will Go Global As online news resource cnLedger reported on Twitter June 25 quoting Chinese cryptocurrency news media, the company formerly known as AliPay developed and piloted its “first blockchain-based electronic wallet cross border remittance service” between Hong Kong and the Philippines. дальше »
2018-6-25 13:00 | |
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Ride-hailing Company Chexianglian Receives Funding From Grand Shores Blockchain Fund
A former Alibaba employee founded the new investment firm called Grand Shores Global Blockchain Ten-Billion Innovation Fund. The fund, recently, announced its investment into a ride-hailing project called Chexianglian. дальше »
2018-6-24 22:46 | |
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Bitcoin Miner “Stole” 150 MW of Electricity according to Chinese Police
A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been дальше »
2018-6-22 19:06 | |
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Block secure
Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed дальше »
2018-6-22 09:55 | |
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World Largest Ever Blockchain Conference
China’s federal science institution, the Chinese Academy of Sciences, is taking part in a new research effort around blockchain. The highest academy for science in China said it had established a new “Big Data and Blockchain Lab” during a seminar on June 15, according to People’s Daily, the state-run media outlet. The lab, which is дальше »
2018-6-21 13:21 | |
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JD.com’s Finance dep to issue Blockchain Asset-Backed Securities
JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has made public its plans to issue asset-backed securities (ABSs) on the blockchain, as reported by local media on June 13. JD Finance will issue the ABS in combination with Huatai Securities and Xingye Bank according to China’s Securities Regulatory Commission (CSRC) via its media outlet […] дальше »
2018-6-16 15:18 | |
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Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June ..
Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June 13. According to China’s Securities Regulatory Commission (CSRC) via its media outlet Securities Times, subsidiary JD Finance will issue the ABS in conjunction with Huatai Securities and Xingye Bank. Together, the partners will asses blockchain’s potential дальше »
2018-6-13 20:28 | |
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