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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...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas


The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....

ACD Inc. Partners With Alchemy to Strengthen ACD Tokens Network in Asia


Leading cryptocurrency payment platform, Alchemy Global Payment Solutions Limited has announced the news about its strategic partnership with ACD Inc., a Tokyo-based joint-venture group facilitating e-commerce and air cargo delivery and logistics services in Japan. The two leading firms have joined...

Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet


At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a wallet and exchange for bitcoin and other cryptocurrencies featuring a hardware wallet the size of a house key powered by YubiKey 5ci, the first implementation of...

Reis Inc Reveals Office Vacancy Rates in United States Rose in Third Quarter


Office occupancy and its continued rise is a clear indicator of the employment situation in a country, while the rise in vacancy rates is a cause for alarm. According to the latest report from the real estate research outfit Reis, the office vacancy rate in the United States has actually climbed...

BitTorrent Inc. Announces the Official Launch of µTorrent Web for Mac


A predominant Leader in P2P products and protocols, BitTorrent Inc, declared the official launch of µTorrent Web for Mac, an online torrent customer that helps clients rapidly to download, search, and stream torrent files within their browser. Today, we are announcing the launch of @utorrent...

Justin Sun Announces Launch of TRON on Uphold Inc.


Justin Sun, the founder of digital currency platform TRON, is continuing his vision of expanding TRON to more crypto exchanges. His recent announcement on Twitter, dated 28th August 2019, talks about the launch of TRON on Uphold Inc. The update, first announced by Uphold on its official Twitter...

Tumblr to be Sold to WordPress Owner Automattic Inc by Verizon


As the internet has grown more and more influential, plenty of internet properties have been developed by a range of companies. It is important to note that beyond the big names like Facebook or Twitter, plenty of highly influential blogging websites have also been developed and one of the most...

Goldman-Backed Apple Card Restricts Cryptocurrency Purchases


Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward...

Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading


Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin...

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