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Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump


On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...

China’s nationwide blockchain network


CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a difference with the work I do.” - David Bowie In today's newsletter, we will be covering: China's nationwide blockchain network BSN […] The post China’s nationwide blockchain...

China’s nationwide blockchain network


CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a differenceContinue Reading The post China’s nationwide blockchain network appeared first on CoinMarketCap

China’s nationwide blockchain network


CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a difference with the work I do.” - David Bowie In today's newsletter, we will be covering: China's nationwide blockchain network BSN […] The post China’s nationwide blockchain...

China’s nationwide blockchain network


CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a differenceContinue Reading The post China’s nationwide blockchain network appeared first on CoinMarketCap

China: Private, State-run Firms Debut Blockchain Platforms + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Alibaba subsidiary and AliPay operator Ant Financial has announced that its enterprise blockchain platform will...

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn


Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at...

33,000 Companies in China Claim to Use Blockchain Technology


China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government...

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