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Elon Musk’s SpaceX, With a $33.3B Valuation, Is About to Eclipse Tesla
By CCN: As markets close Friday, Elon Musk’s aerospace venture SpaceX is poised to eclipse his car company Tesla in market value for the first time. Tesla’s stock is trading down 1. 5% at press time with a $33. дальше »
2019-6-1 22:45 | |
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Crypto Giant Coinbase Hints at First-Ever U.S. Bitcoin Margin Trading
By CCN: For years, the global bitcoin margin trading market has been dominated by BitMEX, which at one point reached a daily volume of $10 billion on May 12, a new record high for the company. дальше »
2019-5-31 20:26 | |
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Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report
By CCN: As U. S. -China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter. дальше »
2019-5-28 03:30 | |
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‘GlobalCoin’: Not Everyone Thinks Facebook’s Crypto Project is a S***coin
By CCN: Zcash developer Zooko Wilcox, who has previously opined that cryptocurrencies can be used to evade taxes, posted an “unpopular opinion” to Twitter today: Facebook’s crypto project is “awesome. дальше »
2019-5-25 11:42 | |
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SpaceX Attracts $1 Billion to Its Coffers amid Flawless Satellite Launches
By CCN: Tesla might be in trouble, but Elon Musk’s SpaceX venture is defying all odds. A CNBC report states that the company has managed to raise more than $1 billion in additional funding year-to-date. дальше »
2019-5-25 23:35 | |
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Twitter CEO Dorsey: Square Crypto Begins ‘Inevitable’ Bitcoin Mass Adoption
By CCN: Square, the $32. 7 billion mobile payment company founded by Twitter’s Jack Dorsey, is one step closer to launching its long-awaited crypto project. The company claimed last night that bitcoin mass adoption is “inevitable” and it is close to making its first hire. дальше »
2019-5-22 16:10 | |
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Tesla Stock Crumbles to 30-Month Low as Elon Musk Turns Desperate
By CCN: Tesla stock flew higher when Elon Musk had announced that the electric vehicle maker will raise more than $2 billion in capital through stock offerings to finance ambitious initiatives such as robotaxis, but he is now singing a different tune. дальше »
2019-5-21 17:10 | |
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PSA: Bitconnect ‘2.0’ Triggers Countdown to Resurrect Greatest Crypto Ponzi Ever
By CCN: In 2016 a cryptocurrency project named BitConnect came along offering 1% daily compounded interest for those who purchased and staked its token. When the BitConnect (BCC) bubble inevitably burst, the owners, as expected, made off everyone’s money. дальше »
2019-5-20 13:11 | |
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Terrified Central Bank Attempts to Arrest Myanmar’s Bitcoin Binge
By CCN: An emerging economy which expects to attract $5. 8 billion worth of Foreign Direct Investments is belittling its goals with an anti-technology stance. Myanmar is the latest developing country that is hinting to shut doors in the face of bitcoin, a decade-old global cryptocurrency which proposes to replace banks with a decentralized network of transaction validators and bookkeepers. дальше »
2019-5-20 12:10 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy. ” Trust, Don’t Verify The New York Attorney General’s office recently opened a very public investigation into the firm. дальше »
2019-5-14 03:00 | |
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Within Minutes, Bitcoin Spikes 4% as Bitfinex Raises Staggering $1 Billion
At last, you can close CoinMarketCap, take a break from Crypto Twitter, and get off TradingView — Bitcoin (BTC) has finally downed a chill pill, albeit begrudgingly. Since peaking at $7,550 on Saturday, the cryptocurrency has fallen to $7,000 and has set up shop there for the time being. дальше »
2019-5-13 15:15 | |
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Bitcoin Volume on BitMEX Skyrockets to Staggering $10 Billion as BTC Hits 2019 High
As the bitcoin price surged past $7,550 to establish a new 2019 high, the daily volume of the dominant cryptocurrency on BitMEX hit $10 billion. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic. дальше »
2019-5-12 11:33 | |
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Alexandria Ocasio-Cortez’s Trump Insult Smacks of Hypocrisy
By CCN: Following a New York Times report that President Trump lost over $1 billion between 1985 and 1994, hypocritical Democrats like Alexandria Ocasio-Cortez are pointing their fingers at Trump and labeling him a #billiondollarloser. дальше »
2019-5-10 00:17 | |
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Binance Reveals Hack Information as Security Becomes a Public Concern
This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. дальше »
2019-5-10 18:48 | |
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Trending: 10 Hilarious Tweets That Savage #BillionDollarLoser Trump
By CCN: Yesterday, the New York Times unveiled President Donald Trump‘s long-sought-after tax figures, revealing that he had lost over $1 billion from 1985 to 1994. The self-proclaimed “self-made” real estate tycoon also paid a whopping zero dollars in taxes eight out of those ten years. дальше »
2019-5-8 17:53 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Stakeholders Call for Major Bitcoin Exchanges to Delist Tether
There is currently a growing call from many in the cryptocurrency industry for major Bitcoin exchanges to delist Tether (USDT). This development comes amid an investigation into suspected fraudulent activity by Tether and Bitfinex running into almost a billion USD. дальше »
2019-5-6 10:00 | |
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Tesla Issues Veiled Threat to Staff: Keep Quiet or Face Elon Musk’s Wrath
By CCN: Billionaire Elon Musk is in the middle of raising $2. 7 billion in fresh capital from the market through a series of stock offerings. So now would be a very bad time for someone at the company to pop out of Tesla and say something that’s not to Musk’s liking. дальше »
2019-5-5 22:00 | |
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‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale
New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. дальше »
2019-5-5 18:49 | |
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Ripple Releases 1 Billion XRP ($309 Million) from Escrow
Ripple has released one billion XRP worth about $309 million from its escrow account at the start of May 2019, according to Twitter user Whale Alert. In a recently released Q1 2019 performance, the company revealed total XRP sales of $169 million between January and March 2019. дальше »
2019-5-2 14:00 | |
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New Report Ousts Bitfinex’s Plans of Raising $1 Billion in Bizarre ‘Initial Exchange Offering’
Embattled cryptocurrency exchange Bitfinex is reportedly planning to raise $1 billion worth of Tether (USDT) in what they’re calling an ‘initial exchange offering – although it has some bizarre traits that differentiate it from other IEOs we’ve seen on Huobi and Binance in the past. дальше »
2019-4-30 05:30 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Zuckerberg Envisions “Privacy-Focused Future” as FB Shares Soar on Expectation of $5 Billion in Fines over Privacy Concerns
Recently, Twitter and Snapchat released its better than terrible revenue data for Q1 that had all the eyes on Facebook which met user growth and beat market expectations on revenue. Q1 revenue amounted $15. дальше »
2019-4-25 19:24 | |
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Elon Musk Went Broke to Save Tesla in 2008, He’s Now Worth $21 Billion
Elon Musk reminded everyone on Twitter last night that he risked his entire fortune to make Tesla the success it is today. From living on borrowed money in 2008, Musk is now worth $21 billion and presides over two of the largest cutting-edge companies on the planet: Tesla and SpaceX. дальше »
2019-4-17 16:50 | |
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Ranked: The Richest Game of Thrones Actors as Epic Final Season Begins
Game of Thrones made its epic return to screens on Sunday to kick off its eighth and final season. The HBO show is already a record-breaking show. Season eight alone is expected to pull in more than $1 billion for HBO. дальше »
2019-4-15 12:31 | |
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Uber’s $10 Billion IPO Will Succeed Where Lyft Catastrophically Failed
Uber is poised to sell $10 billion in shares in the biggest initial public offering (IPO) of the year, according to Reuters. After Lyft’s catastrophic debut on the stock market, Uber will learn from its rival’s mistakes. дальше »
2019-4-10 15:45 | |
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Facebook Targets $1 Billion Investment in Cryptocurrency Project
Social media behemoth, Facebook, is looking to attract venture capital (VC) investment into its proposed cryptocurrency project, reports New York Times (NYT) contributor Nathaniel Popper. The company is reportedly looking to raise as much as $1 billion for its digital token project. дальше »
2019-4-10 21:00 | |
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Dow Plunges After Trump Unleashes $11 Billion Tariff Threat
Stop me if you’ve heard this one before: Donald Trump lashes out on Twitter to savage another government’s trade regime, and the Dow Jones Industrial Average drops by triple digits. No, the president didn’t lob another volley of insults at China as the two sides seemingly near a historic trade deal, but Trump may have just dropped the teaser trailer for the sequel – and Wall Street didn’t like what it saw. дальше »
2019-4-9 16:51 | |
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Record-Breaking Wrestlemania 35 Puts WWE on Pace for a Billion Dollar Year
Wrestlemania 35 was another huge hit for the WWE franchise last night, putting the company on track to make a billion dollars in revenue this year. With 82,265 fans in attendance, last night’s event pulled in $16. дальше »
2019-4-8 12:14 | |
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Elon Musk Lost $1 Billion in a Day as Tesla Stock Crashed Amid SEC Court Showdown
Tesla CEO Elon Musk lost $1. 1 billion from his net worth yesterday morning (April 4) amid his court showdown with the Securities and Exchange Commission. In the first few minutes of trading, Tesla stock cratered as much as 11% before staging a tepid recovery by day’s end. дальше »
2019-4-6 17:10 | |
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Millions of EOS & XRP at Stake as Bithumb gets Hacked the Second Time, Crypto Market Cap Loses $7 Billion
One of the biggest South Korean cryptocurrency exchanges, Bithumb was hacked last night for reportedly $30 million worth of cryptocurrency that involves three million EOS ($13 million) and up to 20 million XRP ($6 million). дальше »
2019-3-30 19:11 | |
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Coinbase Earn Giving Away $50 Per Person in Stellar: Plans to Distribute 1 Billion XLM
Coinbase Earn, the exchange’s initiative that enables users to “earn crypto while learning about crypto,” has introduced support for Stellar. The company announced the news on its Twitter profile, saying that any eligible US user can learn about the Stellar protocol while earning up to $50 worth of XLM. дальше »
2019-3-28 01:11 | |
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Statistics Shows Gold Mining Costs 23 Times more than Bitcoin Mining
Data posted by a Twitter user simply known as Asimov shows that Gold mining consumes 23 times more energy than Bitcoin mining. Asimov’s data shows more on banking systems, governments and paper currency minting. дальше »
2019-3-24 09:32 | |
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Elon Musk’s Tunnel Prototype Bores Virginia Transit Officials
Elon Musk’s The Boring Company is living up to its name, with the latest bunch of naysayers of its tunnel being Virginia transit officials. After they visited the 1. 5 mile prototype tunnel being built under Los Angeles, they laid into it with criticisms. дальше »
2019-3-24 23:19 | |
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Early Bitcoin Developer Jeff Garzik Subpoenaed in $1 Billion Craig Wright Lawsuit
Jeff Garzik, one of the earliest contributors to the Bitcoin codebase who also previously worked for BitPay, has been served. Garzik – in the spirit of “radical transparency” – shared the subpoena on Twitter, not appearing particularly shocked and noting that the “Bitcoin lawsuit drags on. дальше »
2019-3-16 18:11 | |
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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance
ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports. дальше »
2019-3-14 00:05 | |
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EOS, Litecoin Spike 13% in $5 Billion Crypto Market Gain; Can Bitcoin Surge?
Following an abrupt short-term dip from $132 billion to $126 billion, the crypto market has almost fully recovered as Bitcoin bounced back to $3,800 and assets like EOS and Litecoin recorded 10 to 13 percent gains. дальше »
2019-3-6 12:42 | |
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Not Funny: Elon Musk’s Twitter Joke Likely to Cost Tesla $460 Million
When Tesla CEO Elon Musk pressed “tweet,” he had to know his ill-timed joke about production numbers would catch the attention of SEC regulators. However, that single Twitter post might now force Tesla to pay nearly $1 billion in cash to settle up with bondholders. дальше »
2019-2-28 20:00 | |
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Anthony “Pomp” Pompliano Advices Warren Buffett to Buy Bitcoin with a Better Risk/Reward Profile
While Warren Buffett, a diehard hater of bitcoin and other cryptocurrencies is busy mulling over the next significant investment to pump some of his $84.6 billion net worth into, Anthony Pompliano, founder and Partner of Morgan Creek Digital Assets, has urged the “Oracle of Omaha” to buy bitcoin, according to a Twitter post on February […] дальше »
2019-2-23 08:29 | |
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Kraft Heinz’s 20% Stock Plunge Sees Warren Buffett’s Berkshire Hathaway Lose $2.8 Billion
The SEC isn’t messing around when it comes to investor protection. We’re getting used to subpoenas being dealt out in the cryptocurrency space. But when it comes to traditional industries, they pack a decent punch. дальше »
2019-2-23 12:59 | |
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Elon Musk Jokes about Giving Satoshi a Nobel Prize, Reveals Bitcoin Balance
Wall Street is abuzz with rumors that Apple might dip into its $245 billion war chest to purchase electric vehicle giant Tesla, but all Crypto Twitter wants to talk about is what Elon Musk thinks about bitcoin – and its pseudonymous creator. дальше »
2019-2-22 16:36 | |
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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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Alexandria Ocasio-Cortez Declares Victory after Amazon Yanks HQ2 from New York
US House Rep. Alexandria Ocasio-Cortez wasted no time in declaring victory after Amazon backed out of a $3 billion deal that would have seen the Jeff Bezos-led tech conglomerate establish its much-coveted HQ2 in New York. дальше »
2019-2-15 22:06 | |
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Indians Lost $2.3 Billion in Remittance Payments in 2018; Can Bitcoin Help with Near-Zero Fees?
According to The Times of India, money transfers cost citizens and non-residents over $2. 3 billion in fees last year for clearing payments into India, the world’s biggest market for inward remittance. дальше »
2019-2-12 11:55 | |
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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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