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Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems
29.4.2020
Bitmain has already earned over $300 million this year despite rumoured economic and legal problems, new report suggests
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
DForce Refunds Users After Recovering Assets From $25 Million Hack
28.4.2020
Decentralized finance project dForce has reportedly refunded all users affected in a recent $25 million hack
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Bitcoin Mining Chip Producer Ebang Files for $100 Million IPO in US
25.4.2020
After seeking to conduct a $1 billion IPO in Hong Kong during 2018, Ebang is seeking to raise $100 million the United States
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
MyEtherWallet to Offer ‘.Crypto’ Blockchain Domains to 1 Million Users
23.4.2020
Wallets may soon add .crypto domains to the list of services they provide as MyEtherWallet partners with Unstoppable Domains
Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million
22.4.2020
Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices...
Overstock’s Blockchain Arm tZERO Gets $5 Million in Equity Raise
22.4.2020
Overstock’s blockchain subsidiary tZERO raised $5 million through its latest equity sale
Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
22.4.2020
A crypto Ponzi claiming to offer cosmic powers has somehow accumulated roughly 1,600 Bitcoins in only a matter of weeks
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...
Huobi Mints $4.2 Million in Stablecoins — Is It a 4/20 Coincidence?
20.4.2020
Huobi makes a 4,200,000 minting of its HUSD stablecoin after months of inactivity
Bitcoin Price Spikes Above $7.1K, Liquidating $23 Million on BitMEX
16.4.2020
Bitcoin's price jumped by nearly $500 during the early European trading hours on Thursday, triggering mass liquidations on the crypto derivatives exchange BitMEX
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Nefarious Parties Peddled Half a Million Zoom Profiles on Darknet
14.4.2020
Recent data shows parties selling a massive number of Zoom accounts in the far reaches of the internet
Wirex Payments Platform Hits 3 Million Users, Becomes Profitable
14.4.2020
Strong long term trends aside, the COVID-19 pandemic has recently hit Wirex card users’ retail spending
Cargill and Rabobank Use Blockchain for a $12 Million Intercontinental Wheat Trade
14.4.2020
Blockchain helped Rabobank and Cargill slash the settlement time for a $12 million commodity trade
Japanese Crypto Exchange DeCurret Issues $25 Million in New Shares
13.4.2020
As part of its effort to promote the use of virtual currency in Japan, DeCurret announced they had issued shares worth roughly $25 million
Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations
11.4.2020
The oldest free market think tank in the United States, the Foundation for Economic Education (FEE) has announced the 501(c)3 educational foundation now accepts bitcoin cash (BCH) for donations. The libertarian organization promotes sound economic theory, publishes books and articles regularly...
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...