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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for Blockchain
According to Chinese state media, the Shanghai and Shenzhen stock exchanges have carried out investigations into 30 percent of companies listed on their exchanges that are performing operations pertaining to distributed ledger technology (DLT). дальше »
2018-12-27 18:15 | |
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GMO Internet To Stop Manufacturing And Selling Mining Rigs
Although the company is going to stop making and selling mining rigs, it will continue its in-house mining operations.
дальше »2018-12-27 03:46 | |
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Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin
According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315. 5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations. дальше »
2018-12-26 17:27 | |
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Japan’s Internet Giant GMO Quits Mining Hardware Bussiness
GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus on its in-house mining activities following a comprehensive revenue review. дальше »
2018-12-26 17:00 | |
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Japanese IT Giant GMO Quits Mining Hardware Business
CoinSpeaker Japanese IT Giant GMO Quits Mining Hardware Business However, the company will continue with its in-house mining business, after relocating its mining operations to a region with cheaper power supply. дальше »
2018-12-26 14:19 | |
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Crypto Community Leader of CasaHODL Jameson Lopp Thinks Highly of Bitcoin’s 2018 Success
We have several times written that Bitcoin (BTC) and other virtual currencies did not have a good year in terms of market performance. Indeed, Bitcoin lost more than 82% of its value since its all-time high. дальше »
2018-12-24 20:56 | |
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At Least 340 UK Crypto or Blockchain Companies Ceased Operations in 2018, Report Finds
At least 340 blockchain or cryptocurrency companies were dissolved or liquidated this year in the U.K., nearly two and a half times more than last year
дальше »2018-12-25 20:00 | |
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada
When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »
2018-12-22 21:41 | |
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Galaxy Digital Tells Trading Clients Crypto Markets Could Gain Momentum After 5th Rebound Day In Row
Galaxy Digital Tells Clients That Cryptocurrency Markets Could Gain Momentum In 2018, cryptocurrencies have been affected by a very hard bear market. Bitcoin (BTC) and other virtual currencies lost more than 80% of their value. дальше »
2018-12-21 20:42 | |
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Monero Talk Operations Manager Sheds Light on the Crypto Space and Women in Blockchain
Sunita Sunchakar, an engineer and operations manager for the ‘Monero Talk’ YouTube show was recently interviewed by Monica Mizzi to discuss the blockchain industry and women’s involvement in it. дальше »
2018-12-20 16:14 | |
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Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia
The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits. дальше »
2018-12-20 10:00 | |
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Bitcoin Mining 2019 and Beyond: What to Expect from Crypto Miners with a Bear Market Landscape?
During this long bear market that has affected most of the virtual currencies in the space, miners have been severely damaged. Some companies had to close their farms, shut down their operations or just sell their miners. дальше »
2018-12-19 19:57 | |
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What’s Next for Bitcoin Miners in 2019 Amid Lower Price?
The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked cryptocurrency. дальше »
2018-12-19 04:00 | |
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Maltese Blockchain Bank Set to Start Operations by Mid-2019
CoinSpeaker Maltese Blockchain Bank Set to Start Operations by Mid-2019 Malta may soon launch a bank that will allow cryptocurrency startups get an access to banking services earlier available only for companies outside the crypto industry. дальше »
2018-12-19 00:59 | |
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Bitcoin Blockchain’s Hashrate Difficulty Adjustment to Increase Profitable Mining Operations
While some folks are predicting a bullish cryptocurrency market in the coming year, the current price freefall of many digital assets continues to be a source of worry and anxiety, with many becoming pessimistic about the market. дальше »
2018-12-18 22:52 | |
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Ledger Expands Operations to New York City
CoinSpeaker Ledger Expands Operations to New York City Ledger, a company that focuses on the development of infrastructure and security solutions in the cryptocurrencies market, announced that it has now expanded its operations to New York City. Ledger Expands Operations to New York City дальше »
2018-12-18 12:08 | |
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How Crypto Miners Are Adapting to Survive the Bear Market
In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. дальше »
2018-12-18 01:30 | |
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The Crypto Finance Group 2019 outlook is strong after year one of operations
CryptoNinjas The Crypto Finance Group outlook for 2019 is strong after year one of operations. With a client base of over 100 professional investors and financial intermediaries, representing thousands of investors worldwide, the Crypto Finance. дальше »
2018-12-18 00:30 | |
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ELSOL Joins Forces with Mr. Koala to Fuel Chinese and South Korean Expansion Plans
ELSOL Company, a highly reputed brand publishing company in South Korea, has partnered with Mr. Koala, the O2O company owner who owns more than 400,000 shopping malls in China, to enable it spread its operations in the Asian region. дальше »
2018-12-17 14:59 | |
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World’s First Blockchain-based Investment Bank
This cooperation marks the creation of the world’s first physical blockchain bank located in Labuan, Malaysia. The expertise-rich synergy of the successful industry players aims at establishing a blockchain-based investment bank with a dedicated division for handling crypto, the blockchain, and other digital banking-related operations. дальше »
2018-12-17 13:34 | |
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GEO Protocol: P2P Blockchain Crypto Asset Exchange Network?
What Is GEO Protocol? GEO Protocol is a digital platform that seeks to initiate easy operations with assets in a cost-effective and scalable way. The decentralized P2P network will allow users to exchange assets and connect crypto and traditional wealth. дальше »
2018-12-17 12:17 | |
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Decentralized Streaming DApp Livepeer as a Case Study for the Profitability of Generalized Mining
A new report published by the digital asset investment fund, Vision Hill Advisors, is making a case for the financial advantages investment funds can garner when participating in a cryptosystem in the context of generalized mining. дальше »
2018-12-17 12:00 | |
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Headline: Applications of Blockchain Takes Center Stage at IQPC’s Blockchain Applied Event
Former Prime Minister of Estonia, Air France KLM, Renault, Dubai Gold and Commodities Exchange, and many more to highlight the various applications of blockchain and how they are transforming operations. дальше »
2018-12-17 09:00 | |
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Crypto Specialist Jameson Lopp: “No One Controls Bitcoin Or The Focal Point For BTC Development”
On Saturday, December 15, Jameson Lopp posted a lengthy post on Medium, which argued that no one controls Bitcoin. The direction Lopp took in explaining what many consider “the presence of control” was by explaining the overall operations of Bitcoin Core along with the Bitcoin Protocol. Bitcoin Core As A Focal Point Lopp first started […] дальше »
2018-12-17 07:49 | |
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Russian Data and Mining Centre Redstone to Start Operations in June 2019
CoinSpeaker Russian Data and Mining Centre Redstone to Start Operations in June 2019 Redstone, a new data storage and crypto mining facility that is being set up by Telecor, a Russian engineering company, will be launched in June 2019. дальше »
2018-12-14 20:42 | |
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Stablecoin Project of Basis Confirms that it Is Shutting Down Due to Regulatory Hurdles
Just yesterday, the crypto and investor communities woke up to news that the highly anticipated stablecoin project of Basis was ceasing operations and returning a majority of its funds to investors. дальше »
2018-12-14 18:25 | |
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Russia Says Venezuela’s Petro Acceptance ‘Not Happening’
Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words of deputy finance minister Sergey Storchak speaking to reporters this week, local news outlet RIA Novosti reported December 13. дальше »
2018-12-14 17:00 | |
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Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019
Telecor has announced the construction of a brand new data and mining center in Russia called Redstone, and it would begin operations in early 2019. The firm says its data center which is being constructed at the Krasnokamensk in almost completed and would serve as the new home for cryptocurrency miners from various regions starting […] The post Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019 appeared first on ZyCrypto. дальше »
2018-12-14 12:21 | |
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Confirmed: Basis is shutting down due to regulatory pressure
The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg. The Basis’ CEO Nader Al-Naji said that the decision to close the project was made due to regulatory concerns over a type of token in Basis’ — as well as other algorithmic stablecoins’ — […] дальше »
2018-12-14 11:09 | |
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Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers
Lloyd’s Register Foundation, a U. K. -based charity organization, has funded a blockchain solution that will enable firms in the maritime industry, including Maersk Line, Maritime Blockchain Labs (MBL), and others to carry out a host of operations via distributed ledger technology (DLT), including verification of safety documentation and seafarers certificate depository management, reported the Loadstar on December 11, 2018. дальше »
2018-12-14 05:00 | |
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Legal Compliance, Patents, and Smart Contracts – Interview With Law Firm Sheppard Mullin’s Blockchain Team Leader
Blockchain technology has unfolded a whole new industry and novel opportunities for business. Entrepreneurs constantly launch new start-ups, trying to apply the nascent technology to real-world applications and improve existing corporate-grade operations. дальше »
2018-12-13 16:59 | |
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Bear Market Forces Bitmain to Close Blockchain Development Center in Israel
The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off all of its employees, Israeli business news outlet Globes reported on December 10, 2018. дальше »
2018-12-13 10:45 | |
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Финтех-стартап Plaid привлек $250 млн от Мэри Микер, Goldman Sachs и a16z
Финтех-стартап Plaid закрыл очередной раунд финансирования, по итогам которого компании удалось собрать $250 млн. Возглавила список инвесторов венчурный капиталист и бывший партнер фонда Kleiner Perkins Мэри Микер. дальше »
2018-12-12 19:33 | |
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State Farm Catches Blockchain Fever, Trials DLT for Auto Claims Subrogation
State Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it’s testing a distributed ledger technology (DLT) based solution that could help speed up the subrogation process for auto claims. дальше »
2018-12-12 12:30 | |
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Starwood breach affecting 500M users reportedly part of a larger Chinese state-sponsored attack
Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »
2018-12-12 09:46 | |
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Starwood breach affecting 500m users reportedly part of a larger Chinese state-sponsored attack
Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »
2018-12-12 09:46 | |
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Abu Dhabi National Oil Firm Adopts IBM’s Blockchain Solution
The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10. 5 cubic feet of natural gas daily, has joined forces with IBM to enable it integrate distributed ledger technology (DLT) into its operations and reduce risks while fostering transparency and efficiency, according to a press. дальше »
2018-12-11 00:00 | |
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Russian Company Telecor Announces Construction of Data and Mining Centre Redstone, with Operations Set to Commence in June 2019
Bitcoin Press Release: New Russian-based data and mining centre Redstone has announced that it has nearly finished its construction and will begin operations in June, 2019. December 10th 2018, Krasnokamensk, Russia – New data and mining centre, Redstone is currently under construction in the Russian city of Krasnokamensk. дальше »
2018-12-11 23:02 | |
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Bitmain Shuts Down Research and Development Center in Israel
The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. дальше »
2018-12-10 21:50 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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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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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame
The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. дальше »
2018-12-10 18:00 | |
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Bitmain forced to shut down Israel operations due to cryptocurrency bear market
It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain. дальше »
2018-12-10 16:33 | |
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American Express Praises Ripple’s Capability to Process Cross-border Transactions ‘In a Matter of Seconds’
Ripple is a fintech which focus on using blockchain technologies to facilitate financial operations via traditional means appears to be bearing positive results. Not only has XRP established itself as the most important altcoin in the global market cap, but the company and its services continue to receive praise from significant players in the world […] The post American Express Praises Ripple’s Capability to Process Cross-border Transactions ‘In a Matter of Seconds’ appeared first on Ethereum World News. дальше »
2018-12-9 09:02 | |
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[VIDEO] Dec 6th Crypto News Recap – Malta Warning, Huobi, Coinbase BUIDL, Binance, R3 Corda & More
Chilean Supreme Court Orders OrionX Exchange to Halt Ongoing Crypto Operations Chilean Supreme Court Orders OrionX Exchange to Halt Ongoing Crypto Operations New TRON Project Atlas Updates Revealed in Latest TRX Coin Interview New TRON Project Atlas Updates Revealed in Latest TRX Coin Interview Malta Issues Warning Against SolutionsCM (Originalcrypto) and Other Unapproved Blockchain Firms […] дальше »
2018-12-7 08:23 | |
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Chilean Supreme Court Orders OrionX Exchange to Halt Ongoing Crypto Operations
Chilean Court Orders OrionX To Halt Ongoing Crypto Operations According to Chilean news outlet, Emol, the nation’s Supreme Court has ordered crypto exchange OrionX to close all of its active local bank accounts. дальше »
2018-12-6 20:05 | |
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