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Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
3.7.2020
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...
Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
3.7.2020
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since the initial sale on opening day, Ebang’s...
Bitcoin's Current Price Impacted By Miners? It's Possible, Analytics Company Says
2.7.2020
Bitcoin’s recent price action could relate to miner selling
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’
28.6.2020
Liquid, the sidechain network developed by the company Blockstream, saw 870 bitcoins ($8 million) frozen in moderation queue due to a seizure from a number of the network’s functionaries. The founder of the Summa project, James Prestwich, explained on Twitter that the emergency 2-of-3...
Final Judgment: Telegram to Pay Crypto Investors Back $1.2 Billion, US Court Orders
26.6.2020
The dispute between Telegram and the U.S. Securities and Exchange Commission (SEC) is coming to a close as the final judgment has been filed. Telegram has been ordered to pay back $1.2 billion. The company must also pay the SEC a fine of $18.5 million. Final Judgment in Case of SEC vs. Telegram...
Leveraged Tokens Soon Available on the Bitcoin.com Exchange
24.6.2020
Four new tokens by Amun will be listed on the Bitcoin.com Exchange this Thursday. Amun is a leading crypto technology company that builds tokens to make purchasing crypto more accessible, safe, and efficient. You have the chance to trade these tokens for free on the Bitcoin.com Exchange from...
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
24.6.2020
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...
Bitpay Accepts Company of the Year Accolade
23.6.2020
Bitpay wins Company of the Year Award from market research company
CryptoAltum, The CFD Trading Platform With 1:500 Leverage
23.6.2020
CryptoAltum, a popular MT5 platform, executes trades using market execution with all trades filled at the best available price in the market. The company uses Fill or Kill orders meaning orders are filled entirely at the best available price, with no partial fills and a 100% execution rate. Fills...
Resigned Wirecard CEO Detained by Police as $2.1B Fraud Threatens Company
23.6.2020
The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
23.6.2020
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank accounts held by Canton Business Corporation, a New Zealand-registered company...
Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer
22.6.2020
On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With...
Chinese Mining Company Ebang to Reportedly List on Nasdaq This Week
22.6.2020
Ebang will reportedly get listed on Nasdaq on June 26, hoping to raise $125 million in an initial public offering
OmiseGO's Parent Company SYNQA Raised $80 Million in Series C
22.6.2020
According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says Chainalysis
21.6.2020
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June...
Thai Central Bank Taps Cement Company for First Digital Currency Payments
20.6.2020
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project