Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on […]
Continue Reading
Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. Just nine months after its launch, the Nasdaq–powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. The Estonia-based platform made the announcement on […]
Continue Reading
FSA-licensed crypto exchange Huobi Japan has raised $4.6 million from Financial Products Group, a financial instruments business operator. Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator. The development was revealed in a press release shared with Cointelegraph on Oct. 25. Future […]
Continue Reading
London-based Finastra has partnered with Ripple to grant its customers access to the RippleNet blockchain network. London-based Finastra — the third-largest financial services technology firm in the world — has partnered with Ripple to grant its customers access to the RippleNet blockchain network. As reported by the Fintech Times on Oct. 16, the cooperation between […]
Continue Reading
The Aviation Industry is setting a new playing field with blockchain adoption spreading through loyalty programs, baggage tracking, air supply and logistics. In an era in which catching a flight is easier than renting a car, and an estimated 40 million flights will occur this year alone, it is understandable that competition is fierce, and […]
Continue Reading
Hong Kong-based blockchain financial services firm Diginex Ltd. will go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Hong Kong-based blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on […]
Continue Reading
Following a mild correction yesterday, crypto markets have seen strong positive momentum today. Monday, May 27 — following a mild correction yesterday, the crypto markets have seen strong positive momentum today, with bitcoin (BTC) soaring to its highest price point in over a year. Virtually all of the top 50 cryptocurrencies are seeing solid green, […]
Continue Reading
The CEO of Bithumb’s operator has revealed plans to expand to the U.S. and Japan. The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan […]
Continue ReadingMergers are becoming more common in crypto, but what happens when things go wrong? Mergers. They’re a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven’t been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup […]
Continue ReadingDigital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital. Digital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital, according to an official announcement published on March 27. With the merger, ByteSize Capital’s co-founders Ninor Mansor and Ninos […]
Continue Reading