Major mining chip manufacturer Ebang has filed for an IPO in the United States. Major Bitcoin (BTC) miner manufacturer Ebang has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). Ebang is seeking to distribute Class A ordinary shares at a face value $of 0.00013 per […]
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Recent turbulence has brought traditional tools such as circuit breakers to the forefront of crypto community discussions. Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, […]
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Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average. According to the “2020 Q1 Cryptocurrency […]
Continue ReadingA one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly […]
Continue ReadingMulticoin Capital partners reveal their investment process. According to Coinopsy.com, over 1,500 cryptocurrencies have collapsed in the past eight years. With so many failures, what is the best way to determine which projects are worth investing in, and how can these projects be found? CEO of Civic, Vinny Lingham, and co-founder of Multicoin Capital, Kyle […]
Continue ReadingThe World Bank predicts global remittances will decline by one-fifth this year, offering a poor outlook for cross-border crypto remittance firms. The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus pandemic. With a plethora of crypto firms targeting the remittance sector, […]
Continue ReadingBitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish. The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign […]
Continue ReadingBinance recently broke the 1,000 employee mark, showing tremendous growth since its ICO. Major crypto exchange, Binance, now has over 1,000 employees, showing tremendous company growth since its 2017 start. “When Binance first started in 2017, there were under 50 people,” Binance co-founder, Yi He, told Cointelegraph on April 23. “We have more than 1,000 […]
Continue ReadingSurvey finds a lack of knowledge among the general public may be the biggest hurdle to mainstream crypto adoption. A survey published by peer-to-peer Bitcoin (BTC) marketplace, Paxful, has found that Americans with a working knowledge of cryptocurrency believe that the largest barrier to mainstream crypto adoption is a ”lack of knowledge” among the general […]
Continue ReadingAn ICO digital ads startup is going through hard times as its two co-founders confess to having created a clone of their own company that sold the same products. The co-founders of Bidooh, a British digital advertising firm, admitted to stealing intellectual property from their own company with the intention of selling it to third-parties. […]
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