Chinese mining giant Canaan has to deal with some extra difficulties over its IPO amid bearish markets. While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties. Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is […]
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Check the bad crypto news of the past week. Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the […]
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The decline in Bitcoin CME futures volume led some investors to speculate that institutional investors jumped ship, but what really happened? Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of […]
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U.S. firm Alternet Systems (ALYI) is preparing to launch a $100 million ICO intended to fund electrical vehicle production for the African market. Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa, […]
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BitMex appears to have emerged from the recent market meltdown stronger than ever, with the exchange’s insurance fund quickly jumping back into all-time highs. The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and […]
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Rhode Island Rep David Place explains the state’s new bill also relates to cryptocurrencies. Although Rhode Island’s recent Blockchain Act does not explicitly reference cryptocurrencies, the bill aims to provide regulatory clarity for them. “If you look at the legislation, it doesn’t necessarily mention crypto specifically, but when it talks about complex financial instruments and […]
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A new initiative by the Italian Red Cross aims to raise funds via cryptocurrencies to face the coronavirus in Italy. The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12. Goals of the […]
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Judge rules against entities who sued a utility district for introducing new electricity pricing targeting crypto miners in 2018. A Washington court has ruled against one individual and five companies that sued the Grant County Public Utility District No.2 for suddenly creating a new electricity pricing schedule for power consumed by “emerging industries” in December […]
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The number of confirmed COVID-19 cases among attendees of the Ethereum Community Conference in Paris earlier this month has jumped to seven. The number of attendees of the Ethereum Community Conference (EthCC) conference in Paris to contract coronavirus has now increased to seven — highlighting the urgent need for attendees to get tested for COVID-19. […]
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Ransomware hidden in a Coronavirus tracking app has been identified by cybersecurity threat researchers. Opportunistic hackers are increasingly seeking to dupe victims using websites or applications purporting to provide information or services pertaining to coronavirus. Cybersecurity threat researchers, DomainTools, have identified that the website coronavirusapp.site facilitates the installation of a new ransomware called “CovidLock.” The […]
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