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Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million

21.11.2019
The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated. While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...

Several Hundred XRP Accounts Linked to "Dirty" USD 400 Million

20.11.2019
About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup. "We began researching XRP more than a year ago and have already identified several...

Bitcoin May Dip Below USD 7K Before Post-Halving Rally - Tone Vays

18.11.2019
There will be a bull run, but not next year, says crypto analyst Tone Vays. And before we get on that road, Bitcoin (BTC) may drop below USD 7,000 before the mining reward halving, he adds. “At the moment, I still see lower prices,” said Vays in a recent interview with Block TV. “I still think...

Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms

16.11.2019
Serving as one of the best banking platforms for fiat as well as digital currencies, Cashaa has announced that it will soon support U.S dollar bank accounts designed specifically for cryptocurrency-based businesses. The Bitcoin banking giant has clarified that the facility will be provided to...

The Road to USD 25K is 'Easy': Double Bitcoin Users, says Tom Lee

15.11.2019
To hit USD 25,000 per bitcoin (BTC), we need to find a way to double the current number of active BTC users, according to co-founder and the Head of Research at Fundstrat Global Advisors, Tom Lee. In an interview with CNBC today, Lee argued that BTC will hit USD 25,000 by 2022, which is the number...

BitOrb Exchange Raises $6.4 Million

14.11.2019
The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user...

Chinese Crypto Heavyweights Canaan, OneConnect Aim for USD 100m IPOs

14.11.2019
Two Chinese blockchain, crypto heavyweights are targeting the American market – with both filing applications to launch USD 100 million initial public offerings (IPOs) with regulators. Per a filing lodged with the United States Securities and Exchanges Commission (SEC), crypto mining equipment...

This Transparent Trader Among the Best on BitMEX, Handles USD 1B Daily

13.11.2019
Source: iStock/da-kuk Alameda Research, a quantitative trading firm and parent company of cryptocurrency derivatives exchange FTX, finds that anonymity can be sacrificed for a marketing opportunity. The firm decided to have its trading performance posted on BitMEX exchange's leader board under...

8 South Korean Crypto Exchange Execs Jailed in USD 386m Fraud Wrap

12.11.2019
Source: iStock/st_lux A court in South Korea has jailed the head of cryptocurrency exchange Coinup for 16 years, after convicting him of fraud. Eight other executives from the exchange were also given jail time, with the company’s vice president given an 11-year prison term. The Seoul court ruled...

Taiwanese Buy USD 15m Condo In New York with Bitcoin

11.11.2019
389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC). Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3...

Bitcoin Price Drops Below USD 9,000 Again; Altcoins Follow

8.11.2019
Source: iStock/hocus-focus Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours - which was enough to push it below USD 9,000. Additionally, altcoins turned red. While...

Ignore Decentralization & Tokenization and You May Miss USD 3Tn Market

7.11.2019
Businesses that ignore decentralization and tokenization risk to miss a USD 3 trillion market, finds the major research and advisory company Gartner. The blockchain-related industry to generate USD 3.1 trillion in new business value worldwide by 2030, but half of it will be generated already...

USD Backed by Gold, Believe 29% of Respondents + 11 More Crypto News

31.10.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Fiat news 29% of surveyed Americans believe that the U.S. dollar is still backed by gold, a recent survey of 1,000 respondents...

Argentina’s Example Shows That You Don’t Own Your Money

30.10.2019
Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account...

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