As Uber seeks to attract investors ahead of a potential initial public offering (IPO) with aspirations beyond ridesharing, food delivery in the skies might be in the company’s not-so-distant future: It is reportedly looking to launch drones for takeout in the next few years. In a job posting, the company noted that it wanted to […]
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A new Hong Kong Stock Exchange reports advises that crypto and blockchain should be regulated in consistency with existing regulatory frameworks. A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks. The report, written […]
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Blockchain’s richest are becoming regular features in world-renowned wealth reports. The rise of blockchain technology and cryptocurrencies have made many people rich, but the world’s smartest entrepreneurs in the space are beginning to make waves among the world’s richest conventional business minds. The Hurun Research Institute released its annual China Rich List on October 10. […]
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Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]
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For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as $120 billion. According to people with knowledge of the matter, the IPO could happen early in 2019, The Wall Street Journal reported. At $120 billion, the company would be worth roughly two times […]
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China’s Hurun Research Institute has released a catalogue of the richest individuals in the country, listing cryptocurrency entrepreneurs among others. The annual Hurun China Rich List, a catalogue of individuals in the country with a net worth over 2 billion yuan ($209 million), has listed several crypto entrepreneurs among China’s financial elite, according to a […]
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While Bitmain’s IPO launch date is getting closer, recent retractions of large investor participation, increased competition, and possible losses may affect the company’s leading position on the market. The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Bitmain, the world market leader for mining equipment, on the […]
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According to a report by business magazine WirtschaftsWoche, investors in German ICOs have lost up to 90 percent of their capital. Investors in German ICOs have lost up to 90 percent of their capital, Cointelegraph auf Deutsch reports Monday, October 1. German business magazine WirtschaftsWoche compared the token issue prices of Initial Coin Offerings (ICO) […]
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After being unveiled in July of this year, the zero-fee decentralized trading platform StellarX has now been fully launched. StellarX, a Stellar-based zero-fee decentralized crypto exchange has left its beta phase and was fully launched Friday, September 28. The launch was announced in a blog post by Interstellar, the company behind the platform. The exchange, […]
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Around 50 of the top 100 coins by market cap see slight growth; Bitcoin has climbed above $6,600 again. Sunday, September 30: crypto markets are seeing a mix of red and green today. A little more than half of the top 100 cryptocurrencies have grown in the 24 hours to press time. The daily trade […]
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