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Bitcoin Group SE Reports Half-Year Profit Surges 300% to $3.85 Million
German digital currency exchange Bitcoin Group SE reported on Friday a first-half net profit increase of more than 300% to €3. 32 million (~$3. 85 million USD). The company added 86,000 new accounts of people buying and selling cryptocurrency like bitcoin and bitcoin cash in the first six months of 2018. дальше »
2018-9-28 20:30 | |
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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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What the Hell Is Stellar and Why Is It in the Top 10?
At its core, Stellar is a direct competitor to Ripple. One of the main differences between the two is that Stellar is non-profit, while Ripple is a for profit company. In this article we will go over what Stellar is exactly, and why it deserves a spot in the top 10 cryptocurrencies by market cap. дальше »
2018-9-27 16:00 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Markets Are Down, But Most Exchanges Are Doing Just Fine
As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit. дальше »
2018-8-22 22:53 | |
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GMO Cryptocurrency Mining and Exchange Business Nets $2.3 Million in Q2
GMO's Q2 Profits for Crypto Business Totaled $2. 3M Recently, Japan-based IT company GMO cryptocurrency miner and exchange announced that it had made an operating profit worth 255 million yen (approximately $2. дальше »
2018-8-10 23:24 | |
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Bitcoin Trading Nets Square $37 Million in Q2 2018
Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business. дальше »
2018-8-3 04:00 | |
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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2
Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. дальше »
2018-8-3 19:40 | |
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Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. дальше »
2018-8-2 01:00 | |
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[promoted] GXChain and the Blockchain Data Economy
Imagine a new digital economy, one that allows everyday people to take full control of their personal data. Complete with a public chain for data transactions and application development, this system would foster a trustworthy, domain-wide data exchange that capitalizes on the torrent of advancements taking place through blockchain technology. дальше »
2018-8-1 20:41 | |
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Swiss Financial Institution Reaping Huge Rewards from Cryptocurrency
The decision to launch and offer bitcoin to its customers has yielded quite a lot of profits for Swiss online banking firm Swissquote, in the first half of 2018. The surge in the price of cryptocurrencies positively impacted the company, as its profit soared to a record 44% increase. дальше »
2018-7-31 21:43 | |
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Bitmein IPO ‘very soon’ mining giant netts $ 1.1 billion profit Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $ 14 billion valuation. The company reportedly brought in $ 1.1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $ 2 and $ 3 billion. $ 14 Billion IPO According to an unconfirmed report published дальше »
2018-7-31 18:31 | |
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Bitmain IPO ‘Very Soon’ as Mining Giant Nets $1.1 Billion Profit in Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $14 billion valuation. The company reportedly brought in $1. 1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $2 and $3 billion. дальше »
2018-7-31 15:00 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 04:28 | |
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Bitcoin Mining Giant, Bitmain, Records $1.1 Billion Profit in Q1 2018
Bitmain, the Bitcoin mining behemoth continues to enjoy rapid expansion and a greater market share of the cryptocurrency mining niche. The company recently announced plans for an initial public offering (IPO) as well as 2018 first-quarter profits of more than $1 billion. дальше »
2018-7-31 00:37 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 23:07 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale
Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle. дальше »
2018-7-20 17:33 | |
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Kumamoto Electric Company and OZ Mining Enterprise to Begin Mining in Southern Japan
Mining Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. дальше »
2018-7-9 13:18 | |
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Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan
Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. дальше »
2018-7-9 11:35 | |
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Binance on Course to Post $1 Billion Profit in 2018
Binance, the largest cryptocurrency exchange platform based on daily trading volume, is on course for a profitable 2018. Company CEO, Changpeng ‘CZ’ Zhao, in a recent interview declared that Binance could make as much as $1 billion in profit this year. дальше »
2018-7-8 19:35 | |
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Binance Crypto Exchange Sets Sights on $1 Billion USD Profit During 2018
Binance, The World’s Largest Crypto Exchange, Eyes Profit of $1 Billion USD While the cryptocurrency market has definitely seen better days and many investors had heavy losses recently, the world’s largest cryptocurrency exchange, Binance, is still making a huge profit. дальше »
2018-7-6 21:19 | |
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Global Pay Net ICO
Global Pay Net is an international financial platform that is based on the Blockchain technology. The company has been developing a unified service that allows each of its users to invest their money at interest, take out a loan, exchange funds and cryptocurrencies, keep their savings at a profit, and pay for goods or services using their own GLPN wallet. дальше »
2018-6-28 17:51 | |
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Ripple [XRP] Yet to Generate Profit for Western Union
In over six months, that Western Union started Ripple’s XRP-based transactions, there has been no significant profit for the money transfer company. CEO of the fund’s transfer company, Hikmet Ersek said that the company’s experiments to find “faster and cheaper” alternatives for money transfer had led to the use Ripple’s product called XRapid. дальше »
2018-6-14 13:59 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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