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Cryptocurrency Miners Exceeded $100 Million In Revenue Mining Empty Bitcoin Blocks
Miners among the most popular Proof-of-Work (PoW) networks have earned around $21 billion since each network started, Bitcoin (BTC) accounting for more than half of the earnings. Each block is currently allowing more transactions to be processed thanks to implementations such as Segregated Witness (SegWit). дальше »
2019-2-26 18:55 | |
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Employee Embezzlement Forces South Korea’s Coinbin Crypto Exchange to Call it Quits
Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019. дальше »
2019-2-26 22:00 | |
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$12 Billion University of Michigan Endowment Might Deepen its Crypto Stake
Institutional investors are finally wading into crypto. Want proof? The University of Michigan’s $12 billion endowment said it could increase its investment in a crypto-network technology fund managed by American venture-capital firm Andreessen Horowitz. дальше »
2019-2-23 00:44 | |
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Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm?
Some three million eth are currently voting in favor of a proposed algorithmic change of ethereum’s Proof of Work (PoW) with the aim of removing asics from the network. 2,926,304... The post Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm? appeared first on Trustnodes. дальше »
2019-2-22 21:38 | |
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Why French unicorn BlaBlaCar still believes in ‘done is better than perfect’
For our ongoing series Fundamentals, we’re looking at different companies worldwide and the basic principles they were built on. This time: ride-sharing service BlaBlaCar. Yes, the name sounds a little goofy, but BlaBlaCar is anything but. дальше »
2019-2-19 18:48 | |
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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors
Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money. дальше »
2019-2-19 05:40 | |
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Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
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Bitcoin Trading Volume In The USA & Indonesia On LocalBitcoins Reaches All Time Highs
Bitcoin Trading Volume In The USA & Indonesia On LocalBitcoins Reach ATH In February, the US traders on LocalBitcoins, a peer-to-peer platform registered significant growth as it traded $31. 5 million worth of Bitcoin. дальше »
2019-2-18 21:23 | |
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10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018
According to the inaugural ranking of hedge fund managers by news outlet Bloomberg, the top ten highest-earning hedge fund managers made a mouth-watering $7. 7 billion in 2018. James Simmons led the inaugural list, earning $1. дальше »
2019-2-18 21:12 | |
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Report: Crypto Exchanges Saw Trading Volumes Plummet in January
The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018. дальше »
2019-2-15 20:17 | |
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Indonesia Slaps Strict Regulations for Cryptocurrency Futures Trading – Is the Sector Dead On Arrival?
With the Indonesian government requiring cryptocurrency traders to keep a deposit of 80 billion rupiah (approximately $5. 7 million) among other requirements in order to participate in futures trading, sector players have complained that this will strangle the nascent industry. дальше »
2019-2-15 16:22 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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Self-Proclaimed ‘Satoshi’ Responds to Billion-Dollar Bitcoin Lawsuit
The man who claims to have invented Bitcoin, Craig Wright, is being sued in Florida for roughly $10 billion or 1. 1 million BTC. Last December Florida district Judge Beth Bloom denied Wright’s motion to dismiss the billion-dollar lawsuit against him. дальше »
2019-2-13 20:45 | |
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Lyft Founders Conspire to Take Control of $7.5 Billion Uber Competitor
The founders of Lyft, John Zimmer and Logan Green, are working on a plan to retain control of the company after it goes public. They will do this by creating a special class of stock that gives the holders “super voting” rights. дальше »
2019-2-13 13:16 | |
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NUPay ICO
In the belief that cryptocurrencies will soon become the norm as a payment tool or “money,” numerous startups and companies are preparing to launch cryptocurrency-related services and technologies. TPCT, NUPay’s brand token, functions as a medium of exchange and a store of value that can be spent and collected, credited, or accumulated through the NUPay Payment System. дальше »
2019-2-13 09:33 | |
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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions
Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. дальше »
2019-2-12 20:51 | |
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Newsflash: Why This Virginia Police Department’s Pension Just Invested in a $40 Million Crypto Fund
Frequent Bitcoin commentator and t-shirt salesman Anthony Pompliano told Bloomberg this morning that two Fairfax County, Virginia pension funds have gone in on Morgan Creek Digital’s new fund for cryptocurrency companies. дальше »
2019-2-12 19:27 | |
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Two American Pension Funds Invest in Crypto
Two US public pension funds that mange close to $6 billion in combination have become anchor investors in a new $40 million venture-capital fund. The Police Officer’s Retirement System and... The post Two American Pension Funds Invest in Crypto appeared first on Trustnodes. дальше »
2019-2-12 18:37 | |
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Chairman Misconduct Scandal Costs Nissan $84 Million amid Slashed Profit Forecast
Japanese auto giant Nissan has revised its sales and profit forecast for the full year which ends next month downwards. The carmaker now estimates that its operating profit will come in at 450 billion yen ($4. дальше »
2019-2-12 14:35 | |
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Public pensions are backing a $40M blockchain fund by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Public pensions back new $40M blockchain fund raised by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Softbank Invests $1B into Startup Nuro While Uber and Lyft Get IPO Feedback from the SEC
CoinSpeaker Softbank Invests $1B into Startup Nuro While Uber and Lyft Get IPO Feedback from the SEC Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2. дальше »
2019-2-12 13:34 | |
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Why Uber’s Largest Investor Just Plowed Almost $1 Billion into Autonomous Vehicle Startup Nuro
SoftBank has a lot of faith in a startup called Nuro that wants to use autonomous vehicles to disrupt the grocery delivery space. Nuro just banked almost $1 billion from the multinational holding conglomerate to make that happen. дальше »
2019-2-12 02:25 | |
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Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?
American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site. дальше »
2019-2-12 01:37 | |
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Venezuela Did More P2P Bitcoin Trading Than Canada and India Combined in 2018
According to data scientist Matt Ahlborg, LocalBitcoins trading data concludes that Venezuela did more peer-to-peer Bitcoin trading in 2018 than Canada, India, and Australia combined. Venezuelan trading topped $235 million. дальше »
2019-2-9 11:16 | |
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Why the $66 Billion BB&T-SunTrust Merger is the First of Many Banking Shakeups
BB&T and SunTrust announced a blockbuster merger that will create the sixth-largest bank in the United States. The $66 billion all-stock merger will see the combined entity serve more than 10 million U. дальше »
2019-2-8 01:03 | |
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EA Shares Plummet as Gaming’s Most-Hated Company, Will Apex Battle Royale be its ‘Fortnite’?
After a difficult 2018 characterised by sluggish sales and further loss of ground to multiplayer juggernaut ‘Fortnite‘, EA has taken another huge hit after newly released earnings figures of $262 million for Q3 2018 showed that the company missed its $1. дальше »
2019-2-7 12:13 | |
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BitBounce, a Cryptocurrency Spam Solution, Announces One Billion Emails Processed
On Tuesday BitBounce, a cryptocurrency spam solution company that enables its users to get paid to receive unsolicited emails reported processing more than one billion emails via its free cryptocurrency spam solution. дальше »
2019-2-7 09:22 | |
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Kraken Cracks Into Top 3 Cryptocurrency Exchanges with $4 Billion Valuation After $100 Million Deal
The San San Francisco-based cryptocurrency exchange Kraken has recently purchased the crypto futures broker Crypto Facilities. According to a recent press release, Kraken paid at least $100 million for this company that will be helping Kraken to expand its offering to customers. дальше »
2019-2-6 19:18 | |
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Binance Coin Spikes Above One Billion in Market Cap, Enters Top Ten Following Buyback
Binance Coin (BNB) has nearly doubled recently, rising to $8 from circa $4 last month on current trading volumes of $137 million. The coin has once more gained a market... The post Binance Coin Spikes Above One Billion in Market Cap, Enters Top Ten Following Buyback appeared first on Trustnodes. дальше »
2019-2-6 19:00 | |
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Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments?
On Tuesday, Jack Dorsey, one of the most well-known characters in Silicon Valley, just exposed his four million followers to Bitcoin (BTC) in a surprising turn of events. To the surprise of many, Dorsey, the incumbent chief executive of both Twitter and crypto-friendly Square, two technology upstarts valued at $54 billion collectively, publicly accepted a. дальше »
2019-2-6 16:02 | |
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How WhatsApp fights spam without ever reading your messages
There are more than 1. 5 billion people using WhatsApp, and sadly, some of them are your relatives spamming you with bad jokes and flowery ‘good morning’ messages. Then there are other kinds of spammers, bots, and people, who try to clutter your message box with automated messages. дальше »
2019-2-6 14:20 | |
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Crypto Exchange Kraken Secures Blockbuster $4 Billion Valuation After $100m Mega Deal
Following the completion of the largest deal in the cryptocurrency sector year-to-date, major U. S. and Europe-based crypto exchange Kraken is set to raise a funding round valuing the company at $4 billion. дальше »
2019-2-6 23:10 | |
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Is Ripple on a Pump and Dump Mission? Mysterious 1 Billion XRP just Moved
Like several past transactions, Ripple just moved $302 million worth of XRP from one of its several escrow accounts to an unknown destination. The transaction had with it the message “Crawl… Walk… Run… ;)”. дальше »
2019-2-5 17:23 | |
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$225 Billion Abu Dhabi State Fund Dumps 35 Million AMD Shares for Cash – Has the Chipmaker Hit a Market Top?
Sovereign wealth fund Mubadala Investment Co has announced the sale of nearly 35 million shares in semiconductor firm Advanced Micro Devices (AMD). According to Reuters, the state fund of Abu Dhabi disposed of 34. дальше »
2019-2-5 15:51 | |
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MT Gox Trustee Sold $500 Million Worth of Bitcoin on Exchanges Says New Court Evidence
MT Gox’s sale of half a billion worth of bitcoin and bitcoin cash grabbed everyones attention as blockchain data showed they crashed the market last year. However, MT Gox’s trustee, Nobuaki. дальше »
2019-2-5 15:16 | |
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What the moon’s craters reveal about the Earth’s history
Most scientists believe the rate at which the moon and Earth have been bombarded by meteorites has remained constant for the past two to three billion years. Understanding the age of craters on the moon can help us better understand the age of our own planet because the Earth would have received similar numbers of impacts. дальше »
2019-2-5 10:52 | |
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Canadian Exchange Loses Access to $190 Million in Funds as QuadrigaCX Users Look for Answers
The current price of Bitcoin is $3500 on Bitmex, with 24 hour volume leveling around 5. 3 billion USD via CoinMarketCap. Bitcoin has operated within a 3. 5% price range over the course of the past 6 days. дальше »
2019-2-5 03:46 | |
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Slack IPO: Here’s How Much This Silicon Valley Unicorn Could be Worth Now That it’s Going Public
The Slack IPO, one of 2019’s most hotly-anticipated public offerings, is officially in motion. The widely used business productivity company announced today that it has filed for a direct listing. дальше »
2019-2-5 21:45 | |
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Indian Telecom Operator RCom Shares Crash 50% after Racking Up $7 Billion Phone Bill
Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal. дальше »
2019-2-5 15:57 | |
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Decentralized Protocols Are Making It Easier Than Ever to Gamble With Cryptocurrency
Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U. дальше »
2019-2-4 06:50 | |
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Mario Gamers Rejoice: Nintendo Lowers Sales Forecasts, Plans to Release Cheaper Switch Consoles
When Nintendo launched Switch some years back, it seemed the Japanese game had found a worthy successor to the Wii. The company cut its forecast for annual Switch shipments for the fiscal year from 20 million units to 17 million, an indication that the hybrid console might be struggling to acquire new users. дальше »
2019-2-3 12:44 | |
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7 Things Apple Could Buy with its Staggering $245 Billion Cash Stockpile
When Apple delivered its quarterly earnings report this week, all eyes were on how severely lagging iPhone sales would eat into the tech giant’s revenue. However, Apple also disclosed that it has a staggering $245 billion in cash on hand, up almost $8 billion from the previous quarter. дальше »
2019-2-3 23:19 | |
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Nvidia Made Billions From Ethereum Crypto Mining Says Analyst
An analyst at RBC Capital Markets claims Nvidia made “$1. 95 billion in total revenue related to crypto/blockchain,” significantly more than Nvidia’s reported $602 million. Mitch Stevens of RBC says from April. дальше »
2019-2-2 16:31 | |
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Here’s How Much Nvidia Actually Made from Crypto Mining Sales
According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. дальше »
2019-2-2 04:13 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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Crypto Raid In China Of Bitcoin Scam I Am A Clown (IAC) Worth 1.3 Billion Yuan ($193 Million)
Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1. дальше »
2019-2-1 02:07 | |
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