Data from SEC filings show 10 million shares go for $9 each, in an offering less than a quarter of its planned size prior to Credit Suisse pulling out. Bitcoin (BTC) mining giant Canaan Creative has raised $90 million in its initial public offering (IPO) — over 75% less than expected. According to Bloomberg, which […]
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Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering with the United States Securities and Exchange Commission. Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of […]
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Chinese cryptocurrency mining giant Canaan Creative aims to raise $100 million in its United States initial public offering planned for this month. Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later this month. On Nov. 13, Renaissance Capital reported that Bitcoin (BTC) mining giant […]
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Difficulty readjustment shows Bitcoin network stabilizing itself as mixed price action continues, but miner interest remains as hash rate rises. Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by […]
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Russia plans new law that would allow police to confiscate BTC, and China scraps plan to ban cryptocurrency mining. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week […]
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New documentation shows 2019 is still negative overall for the Bitcoin mining company, which beat competitors to the IPO crown. Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of […]
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A decision to treat Bitcoin mining as an undesirable industry earlier this year no longer features in China’s official plans, documents show. Bitcoin (BTC) mining will not face a state crackdown in China, authorities have confirmed in new official documents. As noted by Blockstream CSO Samson Mow and others on Nov. 6, mining no longer […]
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BitMEX’s Twitter account is hacked after user emails leaked, and the CEO of a crypto exchange loses the password to a Bitcoin cold wallet. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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After being pummeled by the 2018 crypto winter, two mining giants — Bitmain and Canaan — have filed for IPOs with the SEC in U.S. In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of […]
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China-based mining titan Bitmain Technologies has discreetly filed an application for an Initial Public Offering with the United States Securities and Exchange Commission. China-based mining titan Bitmain Technologies has discreetly filed an application for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an Oct. 29 report from […]
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