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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...
Investors Sue Bitcoin Mining Giant Canaan; Shares Crashed 48% in 3 Months
5.3.2020
A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November.
In their press release, investor rights law firm...
How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus
23.2.2020
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns....
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
21.2.2020
Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
20.2.2020
Paxos rolls out its blockchain-based settlement platform with Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet
Australian Stock Exchange Has New Blockchain Equity Competitor
20.2.2020
The operator of the National Stock Exchange of Australia to build a new blockchain platform to compete with the Australian Security Exchange’s CHESS
BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
15.2.2020
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s...
Bitcoin Miner Canaan’s Shares Valued at $8.04 After Surging 80%
13.2.2020
The first major bitcoin miner to go public on the US stock market rebounded slightly after a drop in the fourth quarter
Bitcoin Trust GBTC Shares Spike Despite 30% Premium
6.2.2020
Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as...
Fear Grips Stock Market Traders While Cryptocurrency Investors Become Greedy
4.2.2020
The clash of two emotions, fear and greed, is said to determine investors’ sentiment. This ratio draws a historical picture of the market and it’s also an indicator of its future state. As an established trend, traditional investments such as stocks and digital assets like...
Arthur Hayes Shares New Yield-Producing Strategies for Options Traders
4.2.2020
Arthur Hayes. Source: a video screenshot, Youtube, Distributed
Arthur Hayes, the outspoken CEO of major crypto derivatives exchange BitMEX, shared several strategies for how yield-hungry crypto holders can earn income from their holdings, using derivatives.
In Hayes’ own words, his blog post...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet
3.2.2020
Zengo is a non-custodial mobile wallet that dispenses with private keys in favor of threshold signatures to create two ‘mathematical secret shares’ – one stored on your mobile device, the other on their servers. In other words, there’s no single point of failure and no risk...
6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail
22.1.2020
Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud...
What makes a site JAMstack?
21.1.2020
I admit I didn’t know the ins and outs of what the Jamstack is until recently, despite having heard the term so frequently. I think I’m not alone in this. It’s an elusive term — how is it different from what came before, especially considering it shares so many similarities? Thankfully, Divya...
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...
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
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
28.12.2019
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
24.12.2019
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
15.12.2019
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...