Following Canaan, OneConnect Cuts its IPO Ambitions in Half


OneConnect Financial Technology, a unit of China’s major insurer Ping An, aims to raise up to USD 504 million in an initial public offering (IPO), compared to USD 1 billion, reportedly considered in June this year. The IPO was launched yesterday after the company reduced both its target offering...

Japan Now Has 21 Approved Crypto Exchanges


Japan’s top financial regulator has approved the remaining crypto exchange that was in business prior to the regulation of the crypto industry. Exchanges in this category were allowed to continue operations while their registration applications were being reviewed. The regulator has so...

Ethereum (ETH): Bulls Call for a Robust Support Level


Bulls are struggling to maintain its support at 78.6 % Fib level which corresponds to $141. As Bears have the complete game on their hand, any breach from here will end the ETH’s last hope for the continuation of the uptrend and the prices can go down further towards the monthly support. If that...

New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges


Cryptocurrency enthusiasts have been discussing a newly developed exchange ranking developed by the crypto portfolio and trading bot startup Bituniverse. According to a leaked screenshot of Bituniverse’s “Exchange Transparent Balance Rank,” there’s roughly 1.9 million...

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