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Bitmain closes its Israel development center amid downturn in the crypto market
Cryptocurrency mining giant Bitmain is closing down its Israel-based research and development arm, the Globes reported. According to the report, Bitmaintech Israel, the firm’s R&D center in the city of Ra’anana, is being shuttered due to the general downturn in the crypto markets. дальше »
2018-12-10 21:06 | |
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Crypto Bear Market Has Even Led $15 Billion Bitmain to Lay Off Employees
The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain. дальше »
2018-12-10 19:59 | |
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Polychain Capital Crypto Hedge Fund Fires Ryan Zurrer After Firm’s Subpar 2018 Results
Ryan Zurrer Of Polychain Capital Fired After The Firm’s Weak 2018 Result Polychain capital was the first $1billion crypto-investment fund. It still is the largest crypto hedge fund. Recently revealed by TheBlock, Ryan Zurrer, who was their Principal & Venture Partner was let go due to the company’s bad performance in 2018. He had worked […] дальше »
2018-12-5 19:51 | |
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German Private Equity Fund to Launch Bitcoin Mining Farm in Asia
According to an article published by Deutsche Finanz, November 29, 2018, Munich-based private equity firm Xolaris is set to launch a $50 million bitcoin farming fund to expand its business into the Asian market. дальше »
2018-12-4 00:00 | |
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Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market
“It Sucks To Build A Business In A [Crypto] Bear Market” Per an exclusive report from the Financial Times, a Western world-centric media subsidiary of Nikkei Inc. , Mike Novogratz, CEO of crypto-focused merchant bank Galaxy Digital, has directly suffered due to this nascent market’s most recent downturn. дальше »
2018-11-25 21:16 | |
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Singapore Grants RMO License for CapBridge to Operate New Security Exchange
Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018. дальше »
2018-11-24 21:31 | |
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SWIFT India shakes hands with Fintech Firm for Blockchain Pilot
The blockchain technology and adoption is on the rise and the rate at which it is grasping everyone’s attention is just shocking. Due to its widespread applications, especially in the Fintech space, it has become hard to ignore for the traditional banking institutions. дальше »
2018-11-21 17:03 | |
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ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop
After 11 months of relentless bears, statistics from Susquehanna, a US based trading and technology firm has confirmed that mining Ether is no longer profitable. This is mostly due to a relentless bears that have since drove prices from $1400 to $200. дальше »
2018-11-15 05:10 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”
BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. дальше »
2018-11-7 00:00 | |
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Blackrock CEO: Crypto Still Lacking Legitimacy, Bitcoin ETF Will Have To Wait
Blackrock CEO Larry Fink Still Skeptical On Crypto, Bitcoin ETF While discussion regarding Bitcoin-backed exchange-traded funds (ETFs) have begun to slow, the chief executive of BlackRock, a multinational America-based financial institution, recently claimed that he is hesitant to allow his firm to offer a Bitcoin ETF due to the current state of cryptocurrency markets. дальше »
2018-11-2 08:03 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Report: Unrest Over Tether Instability Causing Outflow into Bitcoin
As fear, uncertainty, and doubt (FUD) surrounding leading stablecoin cryptocurrency Tether mounts, capital has begun to flow out of Tether and into Bitcoin and other competiting stablecoins, according to a new report. дальше »
2018-10-25 00:00 | |
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Security Firm G4S Joins Goldman Sachs and Bakkt as New Crypto Custodian
British Security Firm, G4S Enters Crypto Sector With New Custody Solution Security has been the most debated topic when it comes to the cryptocurrency sphere, as exchanges incurred several losses due to hacks and theft. дальше »
2018-10-18 18:18 | |
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Ethereum’s Constantinople Hard Fork Delayed
Constantinople, the proposed hard fork upgrade to the Ethereum blockchain, has been delayed due to consensus issues on the test net, according to a tweet from the Ethereum infrastructure firm, Infura, on October 13th. дальше »
2018-10-17 02:38 | |
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Cardano (ADA) Could Moonshot After Coinbase Listing
Chart for ADA/USD (1W) Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA). дальше »
2018-10-10 18:30 | |
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Metal-Backed Tiberius Coin ICO Put on Hold Due to High Credit Card Fees
This Tuesday, Tiberius Technology Ventures temporarily halted sales of its metals-backed digital currency Tiberius Coin. The firm plans to refund $1 million to investors due to high credit card fees that it said made the project unworkable. дальше »
2018-10-10 13:00 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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How Institutional Investors Might Be Accumulating Bitcoin (BTC)
Warren Buffet is also known as the Oracle of Omaha due to his time tested wisdom in the field of investing that has seen his firm of Berkshire Hathaway, fully own other companies such as GEICO, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets. дальше »
2018-10-3 19:57 | |
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Californian Crypto Startup Falls Victim To $14M Hack, Two Men Arrested
Two Men Arrested In Connection To Crypto Theft And Hack According to a report from Oklahoma News 4, two men have just been arrested due to their connection to the recent hack of a crypto and blockchain startup, which saw a California firm lose millions of dollars worth of crypto assets. дальше »
2018-9-30 07:54 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Magellan International Pulls Out of the US Due to Probable Crypto Irregularities in its Operations
Magellan International Alliances recently communicated to its stake holders/investors on its operation status within the US. The crypto-affiliated firm will no longer operate with the US jurisdiction according to the announcement. дальше »
2018-9-24 16:29 | |
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Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should. дальше »
2018-9-21 19:18 | |
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Goldman CFO Denies Reports That Firm Is Ditching Crypto Trading Desk
After reports surfaced that Goldman Sachs planned to turn away from opening a cryptocurrency trading desk, the company’s CFO asserted that the information is “fake news. ” Earlier this week, media outlets reported that Goldman Sachs was nixing the creation of a Bitcoin (BTC) trading desk. дальше »
2018-9-7 09:00 | |
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Bitcoin Price Crashes Due to $1 Billion Silk Road Wallet Sell-Off
The cryptocurrency market has been in a staggering downward spiral in the last 24 hours. A major sell-off began yesterday which shed nearly $12 billion off the total cryptocurrency market cap in a single hour. дальше »
2018-9-7 19:26 | |
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Temasek Was Never in Contact With Bitmain, Is Not Invested
Multiple media sites have reported on suspected problems between Bitmain and the supposed lead investor in their IPO. The story goes that Temasek, an investment firm funded by the Singapore government, is threatening to pull their pre-IPO investment in Bitmain due to disclosure issues. дальше »
2018-8-29 19:05 | |
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‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward
Roger Ver, the digital currency enthusiast known as ‘Bitcoin Jesus’ is still struggling to win converts to his preferred coin Bitcoin Cash (BCH), this evident as blockchain analytics firm Chainalysis claims that BCH is barely being used in commerce. дальше »
2018-8-21 14:00 | |
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Barclaycard To integrate With The Ethereum Blockchain
According to a press release on The Paypers, UK banking firm Barclays have announced a new partnership between Barclaycard and Crowdz, a blockchain startup that works alongside the Ethereum blockchain in order to provide lightning fast transactions for businesses and institutions. дальше »
2018-8-20 13:00 | |
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US Investor Files Lawsuit Against AT&T Over Cryptocurrency Theft
A U. S. -based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T. Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence. дальше »
2018-8-16 01:00 | |
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Bitcoin Cash Acceptance Grows — Dish Network and Flow Partner With Bitpay
This week Bitcoin Cash (BCH) proponents will be pleased to hear that more merchants can now accept bitcoin cash due to the crypto-payment processing firm Bitpay announcing a few strategic partnerships this week. дальше »
2018-8-10 02:25 | |
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South Korean Authorities Raids Crypto Firm in Alleged Crypto Scam
A Local firm in South Korea, Shinil, was raided in the early hours of yesterday by authorities of the country due to an alleged crypto scam that saw the company promise investors the remains of a wrecked Russian ship, Dmitrii Donskoi, during the Russo-Japanese war in 1905. дальше »
2018-8-9 02:40 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. дальше »
2018-8-7 23:23 | |
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Aromatherapy Products Provider Organic Aromas Adds Bitcoin Payment Option
Aromatherapy Products Provider Organic Aromas Adds Bitcoin Payment Option Organic Aromas, a firm that focuses on offering consumers pure essential oils and aromatherapy via its nebulizing diffusers, has recently announced that it will be accepting Bitcoin [BTC] as a mean of payment. дальше »
2018-8-6 21:41 | |
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Ripple’s XRP Community Confusion with the Firm Actually Working for the Good
The San Francisco based blockchain tech related giant – Ripple Labs has initiated, this year, a process of differentiation from its blockchain token XRP. This comes due the confusion by the crypto-verse between the two as in many headlines, google searches, article and so on, enthusiasts speak of the two in the same manner as […] The post Ripple’s XRP Community Confusion with the Firm Actually Working for the Good appeared first on Ethereum World News. дальше »
2018-8-3 00:39 | |
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CEO of Vietnamese Mining Firm Disappears, $35 Million Lost
Leh Minh Tam, CEO of Ho Chi Minh City-based Sky Mining has apparently fled the country after the company suffered severe losses. The business owned several cryptocurrency mining farms in the country, but they have become largely unprofitable due to skyrocketing mining difficulty and a stagnation in cryptocurrency prices. дальше »
2018-7-31 22:00 | |
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Giant Bitcoin Merchant Bank Posts Losses Over $130 Million
Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. дальше »
2018-7-28 11:45 | |
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Mike Novogratz’s Galaxy Digital Loses $134 Million Due to Bitcoin Price Fall
Biggest Crypto Firm On Wall Street Just Lost $134 Million USD On Bitcoin Plunge Galaxy Digital, a crypto merchant bank, has recently announced that the company took a $134 million USD hit during the first quarter of 2018 because Bitcoin was down and it struggled to break the bear market at the time. It was […] дальше »
2018-7-26 22:06 | |
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SEC Puts Off Decision on 5 Bitcoin ETFs Till September 2018
The U. S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision. дальше »
2018-7-26 23:43 | |
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Barry Silbert’s Grayscale Investments Cryptocurrency Fund Sees Green despite Bitcoin Price Slump
While bitcoin and other cryptocurrencies have experienced a significant drop in price since the beginning of the year, the story is entirely different for Barry Silbert’s Grayscale Fund as the firm has seen quite exponential growth so far, due to massive investor interest in its crypto-linked investment offerings. дальше »
2018-7-19 20:00 | |
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Research: Cryptojacking Incidents on a Steady Decline
While crypto enthusiasts pray for the bulls to reign at all times, sometimes a bearish trend comes with cool advantages. Per recent research findings, cryptojacking has become less lucrative for ‘cryptojackers’ due to the current market slump, leading to a sharp decline in occurrences of the illegal act. дальше »
2018-7-19 05:00 | |
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London Football Exchange Joins Forces with Lightyear.io, Integrates Stellar Lumens Blockchain
In a bid to offer users excellent services and value for money, the London Football Exchange has formed a strategic partnership with highly reputed software firm Lightyear. io, the number one development partners of the Stellar Lumens blockchain project. дальше »
2018-7-15 23:53 | |
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Bitcoin Cash Support is Now Live on Purse.io
This week the well-known Purse.io, a firm that allows people to purchase items on Amazon and save 15 percent or more, has announced that Bitcoin Cash (BCH) support is now live. Furthermore, due to a partnership with the Bitcoin Cash Fund, the company is offering $10 cash back to Purse shoppers who shop and earn […] The post Bitcoin Cash Support is Now Live on Purse.io appeared first on Bitcoin News. дальше »
2018-6-30 23:35 | |
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Bitcoin in Brief: Exchanges Expanding, adds Brave Tor, Tether “Double Speed”
By rights, it ought to be impossible to double spend tether, but that’s what happened on June 28 according to one Chinese cybersecurity firm. Someone sent 694 tether to an exchange and was credited for the deposit due to a certain field value pertaining to the transaction being altered. An Omni dev (whose blockchain tether дальше »
2018-6-29 16:49 | |
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Andreessen Horowitz Has Launched a $300M Crypto Fund
Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase. дальше »
2018-6-27 21:34 | |
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