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Bitmain Fights Rumors by Launching New ASIC Chip

As Bitmain’s IPO date approaches, negative news involving the company could add up. The CEO of Bitmain, Jihan Wu, countered the pessimism by launching a brand new “algorithm acceleration chip. ” Bitmain’s Anonymous Detractors After the news that Bitmain’s earnings over the course of Q2 didn’t turn out according to plan, someone who claims to be an insider and leaks collector created an anonymous Twitter account to disparage the company freely. дальше »

2018-9-22 02:00


$134 Million in Digital Losses in Q1 for Galaxy Digital Crypto Bank

Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday. Galaxy Digital, chaired by billionaire investor Michael Novogratz, said it saw a “net unrealized loss” of $85.5 million on digital assets, and a further $24 million дальше »

2018-7-27 01:04


Bearish Sentiment Spreading In Markets Is A Global Earnings Recession Near?

It’s summertime earnings season – and as I’ve written about before, I expect this to be the beginning of a deep global earnings recession…   Q2 hedge fund letters, conference, scoops etc Things are in the early stage – but the next 12 months will be ugly for investors. As a brief recap: it all started in early May […] дальше »

2018-7-20 19:28