Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark. Canaan, China’s major cryptocurrency mining company, will soon launch a $10 million share repurchase program. On Sept. 8, the Nasdaq-listed company officially announced that its board of directors has authorized a share repurchase program to repurchase up to $10 million worth […]
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The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform. Just Eat, a major British online food order and delivery platform operating across 13 countries, has added cryptocurrency payment support for its France subsidiary. The company has partnered with the cryptocurrency payment provider Bitpay to allow its […]
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After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious. Market data from Skew shows investors in the Bitcoin (BTC) options market are cautiously bearish in the short term as of Sep. 8. The shift in sentiment comes after BTC’s abrupt 17% drop in seven […]
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Ever wanted to yield farm gold, silver or oil? Fetch.ai is launching Mettalex, a decentralized exchange that allows its users to trade commodity and crypto derivatives. The users will be able to gain exposure to traditional crypto trading pairs as well as commodities like gold, silver, cobalt, oil, and even the stock market indices. Humayun […]
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Both big and small hodlers are amassing BTC, statistics confirm, a trend which has only accelerated as the United States prints more dollars. More and more people are buying Bitcoin (BTC) since the 2020 coronavirus crash — and it doesn’t matter how rich they are, data shows. Part of a series of bullish charts circulating […]
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Bithumb has remained quiet despite the second police raid in the course of a week. Bithumb, the largest cryptocurrency exchange in South Korea, is reportedly facing more police raids in Seoul. The Seoul Metropolitan Police Agency has conducted additional search and seizure checks at Bithumb’s headquarters in the Gangnam District on Sept. 7, local publication […]
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There is a nationwide alert for future ransomware campaigns against Chilean companies. Banco Estado, the only public bank in Chile and one of the three largest in the country, had to shut down its nationwide operations on Monday due to a cyberattack that turned out to be a ransomware launched by REvil. According to a […]
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Bitcoin is seeing continued “intense buy pressure,” says CryptoQuant, as $10,000 proves attractive for market entrants. A new Bitcoin (BTC) metric says that investors are still much more interested in buying than selling at $10,000. In a tweet on Sep. 7, Ki Young Ju, founder of on-chain analytics resource CryptoQuant, unveiled his latest tool for […]
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Lawyers representing creditors of the collapsed exchange QuadrigaCX have hired blockchain forensics specialists to help with the ongoing investigation. The Canadian law firm representing creditors of the defunct crypto exchange QuadrigaCX has hired consultancy firm Kroll to advance its investigation into $190 million lost in user assets in early 2019. As reported, controversy has engulfed […]
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Another crypto merger targets tax reporting. European experts in cryptocurrency tax reporting are joining forces to enter markets in the United States and Canada. Blockpit, an Austria-based crypto compliance expert, has completed a merger with its German competitor CryptoTax, the firm announced on Sept. 8. Both focused on providing crypto tax reporting tools, Blockpit and […]
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