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Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
10.4.2020
Canaan witnessed a decrease in its total net revenue for 2019 to almost half of 2018 printed figures
Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
6.4.2020
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019
Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019
31.3.2020
BC Group revealed that its OSL digital assets trading platform had been its largest 2019 earner, accounting for 44% of the Group’s revenues — up from just 6% in 2018
Coinbase Reports Record Bitcoin Buying Amid March 12 Crash
31.3.2020
Coinbase saw a six-fold increase in Bitcoin volume during the March 12 crypto market meltdown as most traders moved in to buy the dip
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
Amid Reports of Growing Scammers and Imposters, Ripple Shares Tips to Spot XRP Giveaway Scams
26.3.2020
Being a relatively young industry, crypto space is more vulnerable to scammers and imposters, with the community losing billions of dollars in crypto frauds over the years. Responding to the growing giveaway scams in their name, Ripple has posted an article explaining to its community members...
Reports of Senators Selling Stocks After Closed-Door COVID-19 Briefing Emerge
20.3.2020
The novel Coronavirus has shaken the world, developed and emerging nations alike, claiming more than 10,000 lives and infecting more than 250,000 people in at least 182 countries. The world hasn’t seen a pandemic of this scale for decades, and unsurprisingly, the impact on the economic aspects...
UK Police Reports 562 Cases of Bitcoin-Related Blackmail Over Last Two Years
19.3.2020
New reports show 562 accounts of Bitcoin blackmail over 2018 and 2019
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Build a Node.js Tool to Record and Compare Google Lighthouse Reports
16.3.2020
In this tutorial, I’ll show you step by step how to create a simple tool in Node.js to run Google Lighthouse audits via the command line, save the reports they generate in JSON format and then compare them so web performance can be monitored as the website grows and develops.
I’m hopeful this...
Crypto Scams Pose More Risk Than Payments Fraud, Report Suggests
11.3.2020
Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments, says the Better Business Bureau
Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates
11.3.2020
The Fed’s emergency interest rate cuts have spurred a flurry of lenders to seek blockchain-based loans with Morgan Creek-backed fintech Figure Technologies
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...
Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel
7.3.2020
A 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong...
Riot Reports 147% Monthly Growth In Average Daily Run Rate of BTC Mined
5.3.2020
In February, Riot Blockchain saw a remarkable increase in average daily run rate of BTC mined compared to last December
UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection
27.2.2020
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been...
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up
18.2.2020
Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in...
IOTA Network Still Down: How the Next Bitcoin Killer Screeched to a Halt
14.2.2020
On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found...