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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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Indian Crypto Scammers Make $17 Million from Fake Coin Scam
The individuals behind “cashcoin,” a fake cryptocurrency, have been arrested for duping investors of over $17 million in Mumbai, India according to reports February 17, 2019. Crypto and the Gang As the general public and world government are becoming more aware of cryptocurrency and how it works, the prosecution of crypto criminals is becoming more effective. дальше »
2019-2-19 15:00 | |
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Bitmain Q3 of 2018 Bitcoin Mining Reports Show $500 Million in Losses During Bear Market
The bear market was not kind to anyone in the crypto industry. Anyone watching the market could easily see that the values of nearly every coin dropped, but the lack of progress in the cryptocurrencies’ values also made it difficult for miners to earn their rewards as well. In a recent report from Bitmain, the […] дальше »
2019-2-19 11:04 | |
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Singapore’s ABCC Exchange Acquired Collectively by Investors, Plans to Make World-Leading Platform
Acquisitions in both cryptocurrency and traditional finance are fairly common, though most of them include a purchase by a specific company or entity. However, the recent acquisition of Singapore-based ABCC Exchange is a little different, considering that the purchase was made by a group of otherwise unrelated investors. According to reports, the purchase, which has […] дальше »
2019-2-19 06:36 | |
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XYO Network and One Dog One Bone Partner to Help Track Location of Pets
Dog owners ready to integrate blockchain technology to track their furry friends. Medium reports the partnership between dog bathing pools manufacturer, One Dog One Bone, and XYO Network to track your orders and later your pet too. дальше »
2019-2-18 17:29 | |
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Top 5 Cities Embracing Bitcoin’s Lightning Network
Bitcoin’s Lightning Network implementation is going from strength to strength, but statistics about its growth make for interesting reading. 2019’s Big Bitcoin Trend Bitcoinist regularly reports on Lightning’s progress, with the ecosystem now breaking new records on a weekly basis. дальше »
2019-2-18 17:00 | |
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Shocking ‘Near Zero Growth’: Hong Kong is Another Loser in the US-China Trade War
Eric Lam reports for Bloomberg: “The trade war between the U. S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost ‘zero growth. дальше »
2019-2-18 13:19 | |
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Moonday Mornings: Japanese ecommerce giant Rakuten may be getting into cryptocurrencies
With Bitcoin up 2. 7 percent over the past week, the cryptocurrency market closed in the green this weekend. But is the trend here to stay or are the bears coming to leave investors bleeding yet again? Let’s take a look at the news and find out. дальше »
2019-2-18 13:09 | |
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This Chinese Crypto Mining Guru Predicts the Bitcoin Price Will Surge 20,000%
A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down. дальше »
2019-2-17 03:12 | |
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This Wall Street Analyst Forecast Tesla’s Dominance. Here’s What He Says Will Shake up the Auto Industry Next.
Adam Jones, Global Auto Analyst at Morgan Stanley, warned that the production of an electric vehicle by either Tesla or Rivian could be bad news for traditional car makers in Detroit. Why? This wildly profitable segment of the vehicle industry is one that auto companies don’t mess around with. дальше »
2019-2-17 01:30 | |
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DigiByte Begins Pilot Phase of DigiAssets on its Blockchain Platform
In a tweet on February 13, DigiByte (DGB), a blockchain company revealed that the test of DigiAssets on its blockchain has begun. DigiByte is touted to be secured, uncensored and scalable which are features that will lead to its high demand by decentralized application developers reports a media outlet on February 16. дальше »
2019-2-17 22:57 | |
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Australia: Regulators Slap AUD 33k Fine on Byte Power Cryptocurrency Exchange for Irregularities
Australian Securities and Investments Commission (ASIC), the region’s securities regulator, has issued an infringement notice to Byte Power Group Limited, an Australia-based digital assets exchange, alleging that the crypto trading venue failed to comply with its continuous disclosure duties and the regulated exchange has now paid a penalty of AUD 33,000 reports ZDNet on FebruaryRead MoreRead More. дальше »
2019-2-16 22:00 | |
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Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t
Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. дальше »
2019-2-16 22:00 | |
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4 Bitcoin Trends Likely to Dominate 2019
Now is the time when people typically start assessing what the year ahead is likely to bring for various topics and industries. Bitcoin is no different. Investors and enthusiasts will likely notice several trends becoming prominent. дальше »
2019-2-16 19:00 | |
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Dow Surges 443 Points: Here’s What Xi Jinping Said That Lit the US Stock Market on Fire
On February 15, the Dow Jones surged by 1. 74 percent, adding 443. 86 points. Within less than 1 month, the Dow Jones has recovered from 24,065 points to 25,883 points, by a staggering 7. 6 percent. дальше »
2019-2-16 00:51 | |
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Overstock.com Alternative Trading System (ATS) tZERO Suffers from Stale Markets as Price Hits a Low
Recent reports have shown that after about three weeks since the much anticipated start of an Alternative Trading System (ATS) for security tokens by Overstock. com, there haven’t been a lot of transactions with the platform. дальше »
2019-2-16 00:27 | |
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Indonesia’s New Futures Trading Law Cause Controversy
Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. Unexpected Hurdles While the growth of the blockchain and cryptocurrency industry has been impressive, it certainly has not been evenly spread around the world. дальше »
2019-2-16 00:00 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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620 Million Accounts Were Stolen From Hacked Sites, Now On Sale For BTC On The Dark Web
Around 620 million online accounts were hacked and had their details stolen by someone. Now, this person is trying to sell this information on the dark web on the Dream Market Cybersouk, a dark web site. дальше »
2019-2-15 08:25 | |
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XBT Provider Suspends Launch of Altcoins ETN Due to Crypto Market Uncertainty
XBT Provider AB, the issuer of Bitcoin and Ether exchange traded products listed on the Nasdaq stock exchange in Sweden, has announced it’s putting plans to launch altcoin products on hold, citing the current market volatility and uncertainties, reports Bloomberg on February 13, 2019. дальше »
2019-2-15 08:00 | |
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Hodl Rally Embarks on an Eight-Day Cryptocurrency Rally Around Europe
HODL RALLY, a blockchain inspired supercar rally has inaugurated an eight-day event around Europe which aims to create a unique network of cryptocurrency and blockchain enthusiasts, investors as well as entrepreneurs, according to a press release on February 13, 2019. дальше »
2019-2-15 22:00 | |
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Another Plus for Ripple, Al Ahli Bank of Kuwait (ABK) Join RippleNet
Al Ahli Bank of Kuwait (ABK) is the latest bank to integrate Ripple’s technology and join the ever expanding Ripple Net, The Arabian Business reports. The bank, announced hours ago that it shall in days ahead use Ripple’s solution to improve customer experiences as they transfer their funds in and out of Kuwait. дальше »
2019-2-14 20:31 | |
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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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JP Morgan’s new digital ‘coin’ is not a cryptocurrency, or even a stablecoin
JP Morgan has a new digital asset, JPM Coin. It’s not really a cryptocurrency, and it’s not quite a stablecoin, but it does use a blockchain. It’s mostly referred to as a digital coin. Still, JPM Coin is set to square off against all the other redeemable bank tokens in the market, eventually. дальше »
2019-2-14 19:03 | |
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Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising
CoinSpeaker Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising Bitcoin is trading at $3,570 Thursday, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising дальше »
2019-2-14 15:15 | |
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Elevated Returns and Securitize Partner to Launch Tokenized Real Estate on Tezos
Elevated Returns (ER ), an asset management company has announced its partnership with Securitize, a digital securities issuance company, to offer investors compliant tokenized real estate assets worth $1 billion using the Tezos blockchain, reports PR Newswire on February 11, 2019. дальше »
2019-2-14 14:55 | |
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Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger
New capital regulations mean it is cheaper to open a rural bank than launch Bitcoin futures trading in Indonesia, a local source reports
дальше »2019-2-15 10:46 | |
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Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season
Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan. дальше »
2019-2-14 01:50 | |
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Korea Exchange Bank (KEB Hana Bank) Joins The Blockchain Technology Bandwagon
Korea Exchange Bank (KEB Hana Bank) Joins The Blockchain Technology Bandwagon Korea Exchange Bank (KEB Hana Bank) has announced it has filed 46 patent applications with the nation’s authorities to enable its develop various distributed ledger technology (DLT) based systems, reports local news source ZDNet on February 13, 2019. дальше »
2019-2-14 23:53 | |
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Israeli NGO Threatens to Sue Coinbase for Enabling Hamas’ Bitcoin Donations
Cryptocurrency exchange Coinbase has been threatened with a lawsuit by an Israeli civil rights NGO Shurat HaDin (Israel Law Center) if it continues to allow Hamas to fundraise via its platform, The Jerusalem Post reports. дальше »
2019-2-13 14:30 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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Payment Processor Netpay International to Integrate BNC’s LedgerTech Tool Based On Blockchain
Netpay International, a major online payments company, has started a partnership with BNC LedgerTech in order to integrate the blockchain technology to its main services and to offer a better service for its clients. дальше »
2019-2-13 02:19 | |
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Gaming Giant Activision Blizzard Stock Could Get Crushed [Again] Tonight
It’s been a brutal few months for Activision Blizzard Inc. stock. Shares have fallen 51% since in October 2018, with little sign of easing up. Tonight, Activision reports its fourth-quarter earnings after the US market closes. дальше »
2019-2-12 20:59 | |
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How the Dow Just Set the U.S. Stock Market up for Another Massive Fall
The U. S. stock market rally could be in for a rude awakening Tuesday after a source at the White House confirmed that President Trump was undecided about backing a new budget deal proposed by congressional leaders. дальше »
2019-2-12 19:49 | |
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The Union Bank of Philippines Reportedly Launches 2-Way Crypto ATM
Reports from the local media in Philippines reveal that its 7th-largest bank by assets, the Union Bank of Philippines,… The post The Union Bank of Philippines Reportedly Launches 2-Way Crypto ATM appeared first on Invest In Blockchain. дальше »
2019-2-12 20:16 | |
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Unfortunate Crypto Case of Scamming Senior Citizens for the Sake of BitConnect Investments
Older generations have been through a substantial rollercoaster with the financial industry in their lifetime. However, as the evolving world changes with the presence of cryptocurrency, the territory seems new and unfamiliar, leading scam artists to take advantage of these investors that are new to cryptocurrency. As The Block reports, this is exactly the case […] дальше »
2019-2-11 04:09 | |
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Clipper App Has Been Stealing Cryptocurrency, And Google Play Just Got Caught Hosting It
Google Play has been caught in the past with malicious cryptocurrency apps on its platform, and it seems to have become the host of yet another one – Clipper. Clipper was designed in an effort to steal from its users in the form of cryptocurrency, according to reports from researchers on Friday. According to a […] дальше »
2019-2-11 03:34 | |
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Activision-Blizzard Employees Doomed By Fortnite’s Dominance
Activision-Blizzard employees are preparing for major destruction as the company is planning to lay off hundreds this week. The game maker’s deteriorating financials have been on full display over the past several months. дальше »
2019-2-11 23:10 | |
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Facebook is so Dominant it Earned $5 Billion in China in 2018 – a Country Where It’s Banned
In what can only be further evidence of the global reach of Facebook, reports show that the social media platform earned $5 billion in revenue from China. Yet Facebook has been prohibited in China since 2009. дальше »
2019-2-10 15:08 | |
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Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run
The Wall Street Journal reports that banks will recast mortgage loans. Thanks to Federal Reserve policy changes, it’s currently cheaper for banks to get loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage rates. дальше »
2019-2-10 01:30 | |
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ICE CEO Reports Record-Breaking Revenue, Says Bakkt Will Contribute Even More
Intercontinental Exchange (ICE), the parent company of Bakkt, the soon-to-be launched cryptocurrency trading platform offering physically settled Bitcoin futures,… The post ICE CEO Reports Record-Breaking Revenue, Says Bakkt Will Contribute Even More appeared first on Invest In Blockchain. дальше »
2019-2-9 15:20 | |
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Dash-Based Marijuana Firm Alt Thirty Six Reports Massive Rise in B2B Operations Via New Cash Management Option
Alt Thirty Six, a Dash-powered company working in the legal industry dealing with cannabis, has recorded a massive rise on B2B transaction volume using a new solution дальше »
2019-3-27 13:15 | |
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