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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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$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?
A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1. 35 million), according to a report in the Bangkok Post. 30 victims have filed a complaint against the company, CryptoMining. дальше »
2019-2-19 13:41 | |
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Bitmain Q3 of 2018 Bitcoin Mining Reports Show $500 Million in Losses During Bear Market
The bear market was not kind to anyone in the crypto industry. Anyone watching the market could easily see that the values of nearly every coin dropped, but the lack of progress in the cryptocurrencies’ values also made it difficult for miners to earn their rewards as well. In a recent report from Bitmain, the […] дальше »
2019-2-19 11:04 | |
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Crypto Ratings, Price Targets, and Qualitative Analysis Platform BuySellHODL Launches With Android and Apple Support
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. A newly launched, easy-to-use mobile cryptocurrency analysis app BuySellHODL founded by entrepreneur and crypto-enthusiast Clifford Lerner aims to provide its users with qualitative analysis based on traders’ community market sentiments in real-time. дальше »
2019-2-19 10:14 | |
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Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?
Bitcoin is over $3900 globally, though many exchanges still have it trading closer to $3850. Ethereum’s broken beyond $140, might take $150 before the day is through. Bitcoin Cash is right behind it. дальше »
2019-2-19 02:35 | |
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Moonday Mornings: Japanese ecommerce giant Rakuten may be getting into cryptocurrencies
With Bitcoin up 2. 7 percent over the past week, the cryptocurrency market closed in the green this weekend. But is the trend here to stay or are the bears coming to leave investors bleeding yet again? Let’s take a look at the news and find out. дальше »
2019-2-18 13:09 | |
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Ripple Investors Can Now Use XRP Tokens Like Cash in Over 40 Million Locations via Spend.com
Cryptocurrency has been experiencing a rather rough season and has been stuck in a bear market for significant amount of time. However, prices have been balancing out a little better, making it a good time for Spend. дальше »
2019-2-18 01:12 | |
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Grayscale Investments’ Bitcoin Trust Posted $2 million Weekly in New Investments in 2018
In the last quarter of 2018, the bitcoin market experienced a slump that led to a significant decline in value and several blockchain-related firms closing down. Despite the bear market, some firms were still able to come out on top, one of which is Greyscale bitcoin trust, the creators of GBTC. They have reported that […] дальше »
2019-2-17 04:49 | |
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This Chinese Crypto Mining Guru Predicts the Bitcoin Price Will Surge 20,000%
A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down. дальше »
2019-2-17 03:12 | |
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Bear Market? Grayscale Bitcoin Trust Averaged $2 Million Invested Per Week in Q4 2018
Grayscale, the creator of GBTC, had an average of $2 million invested every week during the 4th quarter of 2018. About 66% of all investments came from institutions, while 88% of all Grayscale digital investments were in Bitcoin. дальше »
2019-2-17 18:19 | |
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Breaking: Major Crypto Brokerage Coinmama Hacked, 450,000 Users Affected in Massive Worldwide Breach
Coinmama, one of the largest crypto brokerages in the global market with 1. 3 million active users, suffered a security breach on February 15. The official statement of the exchange disclosed that 450,000 email addresses and passwords were leaked in a massive global hacking attack involving 24 websites and some 747 million records. дальше »
2019-2-16 13:21 | |
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Grayscale Q4 Report Finds Institutional Investors Returning to ‘Bitcoin Maximalism’
Digital Currency Asset Manager, Grayscale Investments, had a record year in 2018, with institutions and retirement accounts comprising the lion’s share. What’s more, they are increasingly opting for Bitcoin over other altcoin offerings as the cryptocurrency market flatlines. дальше »
2019-2-15 20:00 | |
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Newsflash: Amazon Leads Massive $700 Million Funding Round in Tesla Competitor Rivian
Elon Musk and Tesla had better watch out because tech conglomerate Amazon just led a massive $700 million funding round in electric vehicle competitor Rivian. Amazon Leads Major Funding Round in EV Startup Rivian The Michigan-based Rivian has sought to carve out a segment of the burgeoning electric vehicle market by focusing its efforts on building pickup trucks and SUVs. дальше »
2019-2-15 17:36 | |
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Ripple, Mastercard, Barclays Raise $1.7 Million for SendFriend, Remittance Startup Using XRP
According to February 11, 2019, press release, Remittance Company SendFriend raised some $1. 7 million following a recent round of funding. The funding was obtained from Mastercard Foundation, Barclays, MIT Media Lab, TechStars, Ripple, 8 Decimal Capital, 2020 Ventures and Mahindra Finance. дальше »
2019-2-15 12:00 | |
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620 Million Accounts Were Stolen From Hacked Sites, Now On Sale For BTC On The Dark Web
Around 620 million online accounts were hacked and had their details stolen by someone. Now, this person is trying to sell this information on the dark web on the Dream Market Cybersouk, a dark web site. дальше »
2019-2-15 08:25 | |
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How the World’s Largest Crypto Exchange Helped Usher in the Dawn of a Currency Revolution
The world’s largest crypto exchange, Binance, is flush with massive profits from its operations in 2018, estimated from buybacks of its BNB token to total $446 million. Although Bitcoin is trading at a loss over the last 12 months, transaction volume has been steadily increasing over the last year, so Binance has been busy. дальше »
2019-2-15 03:22 | |
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Pitchbook Data Shows Cryptocurrency Mergers & Acquisitions Recorded $559 Million In 2018
The Paradox Of Crypto: Falling Prices Coupled With Record Deals There has been little debate about the possibilities that are offered by the blockchain, unfortunately, there is little agreement about the way to implement it. дальше »
2019-2-15 23:53 | |
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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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World’s Largest Crypto Asset Manager Raises $360 Million In 2018 Bear Market, 66% From Institutions
World’s Largest Crypto Asset Manager Raises Almost $360 Million Last Year in Bear Market, With 66% From Institutions Grayscale is a subsidiary of Digital Currency Group and has been named the world’s largest crypto asset manager. дальше »
2019-2-14 19:45 | |
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Spend App Now Supports Litecoin In Over 40 Million Stores Worldwide
Following a somewhat disappointing 2018, Litecoin has proved that it can rise from its ashes and succeed despite the pessimism of many. Having surpassed Bitcoin Cash (BCH) in market cap, Litecoin (LTC) has been able to remain stable in fifth place in the global rank, behind BTC, ETH, XRP, and EOS. дальше »
2019-2-14 01:40 | |
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NetCents Partners with ZOMONGO Digital Point of Sale Media Network for New MONGOrewards Token
ZOMONGO has been considered to be the fastest growing digital network that is within the North America market, and currently, it is 90,000 in merchant locations with about 3. 5 million hotel rooms and about 22 major airports. дальше »
2019-2-13 19:42 | |
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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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Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?
Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market. дальше »
2019-2-12 18:28 | |
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Bitcoin, Ether, and XRP Accepted for $5.5 Million Events Venue
The seller of a $5. 5 million property in Carbonear, Canada, is willing to accept payment in any one of 28 fiat currencies or three cryptocurrencies. Those cryptos welcomed for payment of the Stone Jug are the top three by market capitalisation – Bitcoin (BTC), Ether (ETH), and XRP. дальше »
2019-2-12 02:00 | |
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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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21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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Binance Coin (BNB) Hits ATH in BTC Market, It’s All about “BUIDL”
Binance is the biggest cryptocurrency exchange according to the Coinmarketcap with 24-hours trading volume of $688 million. Binance Coin (BNB) is the cryptocurrency created by Binance for this platform. дальше »
2019-2-11 20:47 | |
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Ethereum (ETH) Reclaims Second Spot from XRP Amidst Market Recovery
Ethereum (ETH) has jumped back to the second spot with the second highest market cap after Bitcoin (BTC). The cryptocurrency is now ahead of Ripple (XRP) with over $2 million at a price of $122. Ethereum and Ripple’s XRP have been competing for the second spot since last year. дальше »
2019-2-11 18:40 | |
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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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Is the Satoshi Whitepaper-Set Bitcoin (BTC) Coin Supply Going to be Increased in the Future?
Bitcoin (BTC) was created by Satoshi Nakamoto around ten years ago with the intention to avoid the traditional financial system and government’s control over people. At that moment, Nakamoto wrote that there were going to be just 21 million BTC. дальше »
2019-2-7 23:25 | |
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$275 Million ZCash’s Fix of Deadly ‘Infinite Counterfeit’ Vulnerability Earns Praise from Edward Snowden
According to a disclosure made Tuesday by the development team behind ZCash, the most highly capitalized privacy-focused cryptocurrency (with a market cap in excess of $270M at the time of publication), has secretly fixed a critical security flaw in ZCash’s design, which was discovered by ZCash cryptographer, Ariel Gabizon, about a year ago. дальше »
2019-2-7 11:15 | |
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Cryptocurrency Lenders Bite Back At Bitcoin Bear Market With Record Volume
Cryptocurrency loans continue to capitalize on the longest bear market in Bitcoin history, with one company generating $630 million in its first six months. Records Not REKT Launched as a mobile app in July 2018, the Celsius Network reported the statistics in an update February 4. дальше »
2019-2-7 01:00 | |
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Crypto Exchange Binance Registers $446 Million in Profits in 2018 Even in Slumping Markets
The popular cryptocurrency exchange Binance announced that it registered a total of $446 million in profits in 2018. During the last year, virtual currencies and the whole crypto market experienced a bear trend that affected several firms and companies in the space. дальше »
2019-2-7 00:20 | |
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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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New Crypto Rumors Arise Around Troubled QuadrigaCX Exchange’s $150 Million Missing Funds
We have heard what happened with the cryptocurrency exchange QuadrigaCX and all the implications that it has for the virtual currency market. The owner of the crypto exchange, Gerald Cotten, died a few weeks ago without leaving information about the private keys related to the cold storage wallet in which the exchange held most of […] дальше »
2019-2-6 18:43 | |
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Is Euro in Big Trouble? After Deutsche Bank’s Failure, French Giant BNP Warns ‘Extreme Market Conditions’
With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U. дальше »
2019-2-7 17:20 | |
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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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Flying High: Kraken Brushes Off Bitcoin Bear Market with Nine-Figure Crypto Futures Market Acquisition
Kraken announced today its acquisition of Crypto Facilities, the first regulated firm in the world to offer futures on crypto assets several years back. The move could put Kraken, currently the 46th largest bitcoin exchange by adjusted volume, on track to the top 10. дальше »
2019-2-5 21:12 | |
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Global Expansion, Regulations, and the Future of the Crypto Market: An Exclusive Interview With OKEx CEO Tim Byun
Cryptocurrency exchange OKEx, one of the world’s largest crypto exchanges with daily volumes close to $500 million, has had… The post Global Expansion, Regulations, and the Future of the Crypto Market: An Exclusive Interview With OKEx CEO Tim Byun appeared first on Invest In Blockchain. дальше »
2019-2-4 09:40 | |
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“The Crypto Bear Market Won’t Last” – Anonymous $200 Million Ethereum Trader Talks to CCN
A mysterious trader who made international headlines when he turned a $200 million profit trading Ethereum in a single month has agreed to speak with CCN regarding his latest investments and his outlook on the crypto market in general. дальше »
2019-2-4 22:48 | |
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Despite Market Struggles, Crypto-Concierge Service The White Company Reels in $250 Million in Sales
While the price of Bitcoin has dropped from a whopping $20k to around $3.4k in less than 13 months, it is worth reporting that over the course of 2018 a crypto-concierge service called ‘The White Company’ has been able to draw in more than $250 million through sales alone. However, with all of the stringent […] дальше »
2019-2-3 22:38 | |
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What Bear Market? Crypto-Concierge Service Did $250M in Sales Last Year
One crypto-concierge service pulled in $250 million of sales despite Bitcoin price and the cryptocurrency market shrinking by over 80 percent last year. Bitcoin Burning a Whole in Your Digital Wallet? The perennial problem of the crypto-investor is one of too much money, too little time. дальше »
2019-2-2 02:00 | |
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India: Accel India Invests $1 Million in Blockchain-Based Loan Facilitating Startup
According to a report by VCCircle published on January 31, 2019, venture capital firm Accel India has invested $1 million in startup StreamSource, a blockchain-based marketplace for unsecured personal loans. дальше »
2019-2-2 02:00 | |
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