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Two BitCash Miners Executes 51% Attack on BitCash to Protect the Network


Two BitCash miners BTC.com and BTC.top executed a 51% attack on the BitCash network to thwart an unknown miner’s transactions. A 51% attack happens when an individual holds a majority of the hash rate. This situation arose because a bug had split the BitCash network causing the hash rate to drop...

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO


According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

Bitcoin Just Hit $1 Billion in All-Time Transaction Fees


On Oct. 30, 2019, the bitcoin blockchain reached $1 billion in cumulative transaction fees. “This milestone is a really cool milestone just because it shows how much people value block space,” said Bryan Aulds, founder of bitcoin wallet Billfodl. “And that it’s something people don’t...

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq


Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

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