bitmain Archives - Page 30 of 35

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

December 20, 2018cashtechnews

Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]

PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

December 20, 2018cashtechnews

Getting covered by insurers is a major issue for crypto players “despite their best efforts,” Big Four auditor PwC has said. Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20. In comments focusing on the global fintech market, Henri Arslanian — […]

Hong Kong Stock Market Regulator ‘Reluctant’ to Greenlight Bitmain IPO, Sources Report

December 19, 2018cashtechnews

Bitmain’s IPO faces fresh claims that it is unlikely to launch under current regulatory conditions in Hong Kong. Hong Kong stock market regulator is reportedly reluctant to allow Bitcoin mining equipment manufacturer Bitmain to conduct an initial public offering (IPO) in the city. Local English-language newspaper South China Morning Post (SCMP) made this claim in […]

Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’

December 18, 2018cashtechnews

Recent reports claim that the Hong Kong stock exchange is “hesitant” to consider a Bitmain IPO due to current market conditions. A Hong Kong Stock Exchange (HKEX) spokesperson has called Bitmain’s alleged hesitation around a purported initial public offering (IPO) “rumors,” in an email to Cointelegraph Dec. 17. When asked for verification and details on […]

Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches

December 17, 2018cashtechnews

The Tagomi digital assets brokerage, which is backed by PayPal co-founder Peter Thiel’s Founders Fund, has launched today. Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release. Tagomi is an electronic brokerage for digital assets. The firm’s offerings include […]

Reports: Crypto Exchange Kraken to Plan Private Offering After ‘$4 Billion’ Valuation

December 12, 2018cashtechnews

Kraken is said to be gauging interest from select investors for a minimum $100,000 investment per head. United States cryptocurrency exchange Kraken is considering a private offering to high net worth investors, Finance Magnates reported Dec. 12, quoting emails sent by the company. Kraken, which is currently the subject of a lawsuit over its support […]

OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

December 12, 2018cashtechnews

Major crypto exchange OKEx announced it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker, BCH. The Malta-based cryptocurrency exchange OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH, according to an official statement Dec. 11. According to the announcement, the sixth largest crypto exchange will […]

Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets

December 11, 2018cashtechnews

Amid the cryptocurrency market crash, even the newest ASIC crypto mining rigs are struggling to seal profits for their operators. Amid the cryptocurrency market crash, even the newest crypto mining machines are struggling to seal profits for their operators, according to real-time data published by mining profitability data site ASICMinerValue.com (AMV) today, Dec. 11. AMV […]

Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

December 10, 2018cashtechnews

Crypto markets have failed to hold on to gains from Dec. 9, with Bitcoin trading below $3,500 again. Monday, Dec. 10: Crypto markets have failed to hold another recovery attempt, with nearly all top 20 coins by market capitalization in the red as of press time. After a slight bump yesterday, Dec. 9, with Bitcoin […]

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

December 10, 2018cashtechnews

Chinese mining giant Bitmain will close its Israeli blockchain and AI development center, letting its 23 local employees go. Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10. Bitmaintech Israel — founded in 2016 to explore the use […]

Tag: bitmain

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

Hong Kong Stock Market Regulator ‘Reluctant’ to Greenlight Bitmain IPO, Sources Report

Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’

Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches

Reports: Crypto Exchange Kraken to Plan Private Offering After ‘$4 Billion’ Valuation

OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets

Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

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