Altcoins Keep Dropping While Bitcoin Breaks Another Record of Market Dominance in 2018
Tuesday, September 11: crypto markets have seen another decline today, with most of the top 20 coins by market cap in the red, according to…
Tag: Bitmain
Bitcoin Dips Below $8,000 Amid Market-Wide Losses
July 31: Crypto assets are posting market-wide losses on the day, with Bitcoin (BTC) dipping back below the $8,000 psychological price point and virtually all coins in the red,…
Bitmain Plans Overseas IPO, Earned $1 Billion in Net Profit in Q1, Sources Report
Jihan Wu, the co-CEO of crypto mining hardware giant Bitmain, is reportedly planning to conduct an overseas initial private offering (IPO), Fortune’s crypto-focused section The Ledger reports July 30. Bloomberg…
JIHAN WU: WHY YOU NEED TO KNOW THIS CRYPTO INFLUENCER
It’s hard to think about Bitcoin without thinking of Jihan Wu, a self-made billionaire now sitting on one of the cryptocurrency industry’s largest fortunes. Wu is…
Weekly Roundup: Bitcoin Surges, Europe’s Largest ETF Trader Enters Crypto, $12bn Bitmain Valuation
The news this week was a notable improvement upon recent weeks, with several positive developments for the industry. With Bitcoin jumping significantly in price, Europe’s…
China’s 2nd Largest Bitcoin Mining Hardware Producer Plans To Launch $1 Bln IPO In Hong Kong
Canaan Creative, China’s second-largest Bitcoin (BTC) mining hardware manufacturer plans to seek an Initial Public Offering (IPO) on the Hong Kong Stock Exchange. The company’s decision to…
US: SEC Subpoenas Biotech-Turned-Crypto Company Riot Blockchain
Riot Blockchain, one of the many companies that changed their name to contain the word ‘Blockchain’ last year evidently on industry hype, has received a subpoena from…
Even With Energy Surplus, Canada Unable to Meet Electricity Demands of Bitcoin Miners
Canada’s Hydro Quebec will have to turn away cryptocurrency miners looking to setup operations in the province. The electricity supplier has been inundated with requests…
Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent
Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee…