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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...

Federal Reserve Considers Creating a Separate Entity for Cash Injections


While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...

UCL’s Paolo Tasca Shares Views on Blockchain and Academia Interlinks


Paolo Tasca, the renowned digital economist and the founder and Executive Director of the Centre for Blockchain Technologies at University College London, recently graced Ripple’s most celebrated crypto community gathering Swell 2019. The event was organized in Singapore and witnessed the presence...

Wirex CEO Pavel Matveev Shares Expansion Plans for 2020


International payment and crypto service Wirex has enjoyed a productive year. Over the course of 2019, partnerships have been formed, a native token (WXT) released and the Wirex website and card completely redesigned. With the firm’s reach rapidly growing, CEO and co-founder Pavel Matveev...

How SLP Dividends Can Tokenize Anything, Including the Stock Market


Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability...

Pantos Shares Roadmap for 2020


About Pantos: Pantos is the first multi-blockchain token system developed by the Bitpanda team as a part of their new research project. It is a project that is devised as a remedy for the progressively fragmented digital currency market, eyeing to posit new yardsticks for decentralized cross-chain...

Justin Sun to Turn 30 Soon; Shares an Infographic Summarizing His Journey


TRON has been one of the forerunners of the crypto industry for quite a while, and its founder, Justin Sun, has been one of the most influential crypto personalities. Apart from this, Justin is also included in the youngest among crypto leaders and will be entering the “3rd decade”...

Crypto-Friendly Silvergate Bank IPO Debuts on NYSE


The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp...

Diversified Crypto Fund Receives FINRA Regulatory Approval


Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...

SEC Rejects Another High-Profile Bitcoin ETF Proposal


Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

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