Dmitry Marinichev, Russia’s internet ombudsman who criticized the state’s attempt to block Telegram, plans to take over a closed metal factory to mine Bitcoin. A Bitcoin mining company owned by Russia’s internet ombudsman is planning to open a new facility and corner 20% of the international market. Internet ombudsman targets BTC As local financial news […]
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Chinese cryptocurrency mining giant Canaan Creative has filed for an initial public offering with the U.S SEC to raise $400 million. Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and […]
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An Initial Exchange Offering, or IEO differs from an Initial Coin Offering, or ICO in one very important way: only members of a specific digital currency exchange may participate in the coin offering. In this way, an IEO may be regarded as a sort of private form of an ICO, and its popularity is growing. […]
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One of China’s BTC mining giants, Canaan Creative will reportedly be listed as a publicly traded firm in the U.S. in November 2019. Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares […]
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A look at the journey of Patrick Byrne and Overstock.com to be pioneers of the crypto/blockchain ecosystem. On Sept. 19, former Overstock.com CEO Patrick Byrne sold his entire stake in the firm, which accounted for 13% of the company and was worth over $90 million. While the move surprised many, those closely following Patrick’s eccentric […]
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Blockstack PBC announces that it managed to raise more than $23 million in the first-ever SEC-approved token offering in the U.S. Blockstack PBC, a decentralized computing network, announced that it managed to raise more than $23 million in the first-ever U.S. Securities and Exchange Commission (SEC)-approved token offering. Participation from U.S. retail investors Muneeb Ali, […]
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Michael Novogratz’s crypto merchant bank Galaxy Digital has gained FINRA approval to underwrite public offerings of securities. Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities. As reported by Bloomberg on Sept. 6, the company has its sights on facilitating […]
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Bitcoin loses support for five figures, Craig Wright ordered to pay 500,000 BTC, and China’s digital currency may be further away than first thought. 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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2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam. The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings […]
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Kavita Gupta, former ConsenSys ventures head, joins security token offering project Dusk Network that aims to help companies tokenize their equity shares. Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network. As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to […]
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