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20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction
12.7.2020
A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token...
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...
Coinbase Eyeing US Stock Market Listing as Early as This Year
10.7.2020
Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public....
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...
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,...
Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy
19.6.2020
Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators
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...
The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com
31.3.2020
The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in...
Hive Hard Fork is Successful, STEEM Crashes Back to Earth
20.3.2020
The Steem community is rejoicing following the successful Hive hard fork, with content creators already posting on Steempeak’s new Peakd platform
Bitcoin News Roundup for March 11, 2020
11.3.2020
Bitcoin falls while the Escobar Fold 2 confuses the heck out of us. It's CoinDesk's Markets Daily Podcast
Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
7.3.2020
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan...
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
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
8.1.2020
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
27.11.2019
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...
Factom. Inc. Rewarded by DHS for Developing Blockchain-based Security Solutions
19.11.2019
The Department of Homeland Security (DHS) of Science and Technology Directorate’s Silicon Valley Innovation Program (SVIP) has granted award money $197,292 to Factom. Inc. based in Austin, Texas. The award is a performance-based contractual reward for developing a digital identity security...
Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet
12.11.2019
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...
IBM Joins Hands with Raw Seafoods, Inc. to Improve Seafood Quality & Traceability Through Blockchain
19.10.2019
According to the latest reports dated October 17, 2019, tech giant IBM has joined hands with Raw Seafoods, Inc., a seafood company based in Massachusetts, to help enhance the quality and traceability of seafood through the technology of blockchain. The collaboration would connect sourcing partners...
New Balance Athletics Inc. Launches a Pilot Project Based on Distributed Ledger Blockchain Technology
18.10.2019
Headquartered in Boston, New Balance Athletics Inc., which takes pride in being the world’s leading sports apparel and footwear firm, has broadcasted the news about the launch of its highly anticipated pilot program in collaboration with research and development company, Input Output Hong Kong...
Reis Inc Reveals Office Vacancy Rates in United States Rose in Third Quarter
1.10.2019
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...