HSBC has been operating blockchain-based forex payments for just ten months but has seen huge growth. International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Through its proprietary blockchain platform dubbed […]
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Bitmain’s CEOs might be stepping down because of the bear market. On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and […]
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HBUS has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. THe rebranding was shared in a press release with Cointelegraph on Jan. 11. As reported, HBUS launched […]
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The number of crypto ATMs installed worldwide has surged past the 4,000 mark, despite persistently bearish market action. The number of crypto automated teller machines (ATMs) installed worldwide has surged past the 4,000 mark, data from industry statistics aggregator Coin ATM Radar indicates on Jan. 10. The current rate of growth is 4.9 new ATMs […]
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Anonymous people familiar with the plans told local mainstream media that Bitmain’s product engineering head will replace the duo. Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the […]
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While some prominent investors are still on the fence about crypto, others see the current market as an opportunity to double down on it. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct […]
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Having failed to conduct an IPO in Hong Kong, Canaan is apparently eyeing an alternative jurisdiction. Chinese Bitcoin mining hardware manufacturer Canaan Creative is considering a new initial public offering (IPO) in New York, Bloomberg reported on Jan. 8, quoting anonymous sources. Canaan, China’s second-largest hardware player, could begin selling its shares in a private […]
Continue ReadingCoinFLEX, a unit of the U.K. crypto exchange Coinfloor, is to offer physically delivered Bitcoin, Bitcoin Cash and Ethereum futures to Asian retail investors. CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed […]
Continue ReadingA Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme. A Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme. A local English-language newspaper South China Morning Post (SCMP) reported the news Jan. 6. The Democratic Party — currently […]
Continue ReadingCrypto hardware company Ledger has exhibited its new Bluetooth-enabled wallet in Las Vegas. Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same […]
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