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Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
2.10.2023
Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company
Chinese gov’t fires up the printer — How will it impact Bitcoin price?
29.8.2023
China enacted a number of economic stimulus initiatives to bolster its stock market but will there be a down the pipeline impact on Bitcoin?
Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes Crypto Mixers in its Approved National Defense Bill, The British Museum Partners with The Sandbox
28.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes...
Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more
26.7.2023
Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering
Allowing Coinbase to go public was not a 'blessing' of the business: SEC
15.7.2023
The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.”
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
Coinbase officers, board members face suit over alleged insider trading during listing
2.5.2023
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value
Australian crypto scams increased by over 162% with nearly $150M lost
18.4.2023
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022
Eco-Friendly Crypto Startup Chia Network Pursues US IPO with Confidential Filing – Here's the Latest
15.4.2023
Blockchain and smart-contract platform Chia Network has confidentially submitted a draft registration statement to the Securities and Exchange Commission, moving a step closer to a US initial public offering.
In a Friday press release, the crypto startup revealed that it has submitted a draft...
Chia Network says it submitted IPO registration to SEC after leadership shuffle
14.4.2023
The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
14.4.2023
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate
Chia Network Submits Registration to U.S. SEC For Proposed IPO
14.4.2023
The size and price range for the offering has yet to be determined
SEC alleges fintech and 'market maker' firms manipulated crypto market in token scheme
29.9.2022
Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear
Startup Aims to Become First South Korean Crypto Player to List on KOSDAQ Exchange
13.9.2022
A South Korean crypto and blockchain startup is aiming for the KOSDAQ, the country’s stock exchange, and could become the nation’s first publicly listed company.
The company, named Blocko, has hired one of the nation’s top financial firms – Shinhan Financial Investment – to manage the listing...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
6.7.2022
The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company...
Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites
29.6.2022
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
Per ENews Today, K-Bank, the banking partner of the market-leading crypto exchange Upbit, is “experiencing...
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
28.6.2022
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William...
Chinese chip designer reportedly filed for $50M Nasdaq IPO
13.6.2022
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions