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Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds

The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian […] дальше »

2021-3-31 15:30


Fireblocks Hits $30B In Digital Asset Transfers; Expands into APAC With 2 New Offices

Leading crypto security startup, Fireblocks has announced it is opening new offices in Asia in Singapore as well as Hong Kong. On April 30, Fireblocks revealed that its platform has so far transferred digital assets worth $30 billion and at the moment conducts transactions worth more than $7 billion every month. The firm revealed that […] дальше »

2020-5-1 00:07


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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Bitcoin Mining Company Bitfury Considers European IPO

Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018.   The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong. дальше »

2018-10-27 21:00


Bitfury Reportedly Considering a $5 Billion Crypto IPO in Europe

Bitfury is reportedly in talks with global investment banks regarding its plans to launch Europe’s biggest crypto IPO till date, reported Bloomberg. The cryptocurrency mining startup plans to go public in either Amsterdam, London or Hong Kong, with a tentative valuation anywhere between $3 billion to $5 billion, depending on the market and industry conditions. дальше »

2018-10-26 16:28


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BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status

The research arm of Bitcoin Mercantile Exchange (BitMEX) recently analyzed leaked data about mining giant Bitmain to pinpoint fallacies and other investor accusations toward the mining business. Bitmain a Potential ‘Legend’ BitMEX researchers defined Bitmain, which is valued at $8 billion ahead of its public listing in Hong Kong, a technology player with “legendary” potential, […] The post BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status appeared first on CryptoSlate. дальше »

2018-9-1 21:00


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The Daily: BitMain worth $ 12 billion, new US crypto exchange business for business

Based on this new valuation, Bitmain might seek a massive initial pubic offering (IPO) on the stock market in Hong Kong in the future. New US Exchange Opens The American crypto trading market is getting a little bit more competitive with a new exchange opening. HBUS, a strategic partner of Huobi, has begun accepting new дальше »

2018-7-9 17:16


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Block.one selects new VC Arm lead, former Jefferies Asia CEO

Block.one, the company that designed the EOS blockchain software, has appointed a former executive from Jefferies Group LLC to lead its $1 billion venture capital arm. Block.one announced Thursday that Michael Alexander, who previously served as the chief executive officer of Jefferies’ Asia branch, will now head EOS VC. Based in Hong Kong, Alexander will manage дальше »

2018-7-6 01:21