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Will Bitcoin Ever Touch the Million Dollar Mark, Or Is It Just to Lure Investors?
30.10.2019
Bitcoin is a polarizing issue where people believe that it will do wonders till the sky, or they believe that it is just a gimmick. While it is safe to say that Bitcoin will do better in the future as it has done in the past, some people make an overoptimistic claim that the apex …
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
29.10.2019
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding
Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US
29.10.2019
Crypto mining giant Canaan has filed for an initial public offering with the U.S SEC to raise $400 million
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
28.10.2019
Avalon bitcoin miner maker Canaan Creative has just formally filed US IPO, after making profits of $XXX million in 2018 and $XXX million so far in 2019
BA-Backed Firm Raises $5 Million to Put Airline Security on a Blockchain
28.10.2019
Zamna – a startup backed by the parent firm of British Airways – is building a blockchain bridge for security information between agencies and airlines
Huobi Japan Raises $4.6 million From Tokyo-Listed Financial Services Firm
28.10.2019
Huobi Japan has received $4.6 million in investment from a Tokyo-listed company involved in real estate and financial services
Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round
25.10.2019
Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...
Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round
25.10.2019
South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions.
Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes
24.10.2019
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...
PeerNova Validates Shift to Enterprise Blockchain with $31 Million Funding
23.10.2019
Blockchain startup PeerNova has received $31 million through a Series B round, bringing the company’s total fundraising to $74 million
Binance America Breaks $10 Million Daily Volume for the First Time
23.10.2019
U.S.-based platform, Binance.US is now seeing over $10 million in daily trades
Pension Funds Put $50 Million into Morgan Creek’s New Blockchain Fund
22.10.2019
Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first
BDC Capital and iA Come in As New Investors to Boost Luge Capital Value to $85 Million
22.10.2019
In a fresh development, Canada based Fintech firm Luge Capital has announced that it has attracted investments from iA Financial Group and BDC Capital. The fresh investment from these two groups has brought the entire size of Luge Capital to $85, and it goes without saying that it is a significant...
Victim of $24 Million SIM Swap Case Writes Open Letter to FCC Chairman
22.10.2019
Michael Terpin wrote an open letter to the FCC chairman, requesting to take decisive action against SIM swapping after a hacker stole $24 million
Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million
22.10.2019
Terpin plans to distribute his letter to a major mobile industry conference
Bitfinex Files Discovery Application to Claim $880 Million Funds From Crypto Capital
21.10.2019
iFinex Inc., which takes pride in being the parent concern of cryptocurrency exchange Bitfinex, has filed a discovery application concerning the allegedly secluded funds worth a whopping sum of $880 million which were entrusted by the trading platform to Global Trade Solutions AG, popularly known...
Bitfinex Attempts to Recover $880 Million in New Court Filing
21.10.2019
Bitfinex’s parent company filed an application in an attempt to recover $880 million
Bitfinex Files for Subpoena in Bid to Recover $880 Million in Frozen Funds
21.10.2019
Bitfinex has filed a subpoena application on a former banking executive of a trust company that it believes can help it recover over $850 million in frozen funds
AT&T Customer Files Case Against the Firm For Causing $1.8 Million Loss
20.10.2019
A complaint has been filed against telecom giant AT&T by a customer accusing the firm of channelizing an employee-aided SIM swap, which has caused the complainant a loss of $1.8 million, including crypto assets theft. The complaint has been filed by Seth Shapiro who is a well-known Californian...