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Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
6.1.2020
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu
Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice
3.1.2020
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds.
According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...
Etoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks
1.1.2020
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan
26.12.2019
Tokai Tokyo Financial Holdings to invest nearly $4.6 million in crypto exchange Huobi Japan
Wirex CEO Pavel Matveev Shares Expansion Plans for 2020
24.12.2019
International payment and crypto service Wirex has enjoyed a productive year. Over the course of 2019, partnerships have been formed, a native token (WXT) released and the Wirex website and card completely redesigned. With the firm’s reach rapidly growing, CEO and co-founder Pavel Matveev...
Blockchain Firm Ripple Outshines With A $10 Billion Worth Value
24.12.2019
Taking pride in being one of the strongest cryptocurrency payment protocol and digital currencies exchange platforms, Ripple has proudly announced that it has pooled in $200 million funds through an investment round and this has made its value touch the whopping mark of $10 billion. The globally...
Andreessen Horowitz now has a free crypto school
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 12 December, 2019 “The roots of education are bitter, but the fruit is sweet.” - Aristotle In today's newsletter, we will be covering: VC firm Andreesson Horowitz (a16z)'s free 7-week crypto school A French-regulated […]
The post...
Hybrid intelligence crypto fund
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 13 December, 2019 “Attitude is a little thing that makes a big difference.” - Winston Churchill In today's newsletter, we will be covering: Hybrid AI firm Cindicator launching crypto fund based on hybrid intelligence […]
The post Hybrid...
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong
23.12.2019
The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off
$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories
21.12.2019
During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report
20.12.2019
Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...
Alibaba’s Ant Financial to Buy Large Stake in Vietnamese e-wallet Firm eMonkey
20.12.2019
Ant Financial, the fintech arm of e-commerce firm Alibaba, has acquired a significant stake in Vietnamese eWallet service provider eMonkey. Ant Financial has not acquired a controlling stake in eMonkey but will provide technical support to it. The deal with eMonkey is Ant Financial’s eighth...
Cybersecurity Firm Cybavo Adds SLP Token Support to Its Wallet Management Platforms
20.12.2019
The SLP token ecosystem continues to grow rapidly as more companies adopt the token protocol. The latest to join this trend is Cybavo, a cybersecurity firm providing enterprise-level secure private key management for blockchain applications to some of the biggest exchanges in the world. Also Read:...
Crypto-Focused Accounting Firm Lukka Releases Tax Preparation Product
19.12.2019
Cryptocurrency accounting firm Lukka has announced a new crypto tax calculation offering for clients in the U.S
‘TurboTax’ for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail Investors
18.12.2019
Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15
Kraken Crypto Exchange Acquires Circle Trade OTC Desk of Circle Firm
18.12.2019
Headquartered in San Francisco, the leading cryptocurrency trading exchange Kraken has broadcasted the news about its OTC arm acquiring the “Circle Trade” OTC desk of renowned crypto startup firm, Circle, on December 17 through an official blog post. The Kraken team addressed the deal as...
Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report
17.12.2019
On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...
Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...