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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
22.5.2020
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months
A “new direction” in the struggle against rightward scrolling
21.5.2020
You know those times you get a horizontal scrollbar when accidentally placing an element off the right edge of the browser window? It might be a menu that slides in or the like. Sometimes we to overflow-x: hidden; on the body to fix that, but that can sometimes wreck stuff like position:...
0 Security Breach. 0 Token Loss.
16.5.2020
BigONE is a global cryptocurrency trading and custody platform founded in 2017, clad in four principles – Integrity, Security, Professionalism, and Win-Win. The exchange has developed comprehensive digital assets trading services. The ecosystem runs the gamut, including both spot and margin...
Someone Was Propping Up the Bitcoin Cash Hashrate at a Loss in April
16.5.2020
Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving
Chrome + System Fonts Snafu
24.4.2020
There was just a bug late last year where system fonts (at least on Mac, I don’t know what the story was on other platforms) in Chrome appeared too thin and tracked-in at small sizes and too thick and tracked-out at larger sizes. That one was fixed, thankfully. But while it was a problem,...
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
20.4.2020
Got crypto losses? The IRS has updated some guidelines and procedures in response to the COVID-19 pandemic
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
10.4.2020
Canaan witnessed a decrease in its total net revenue for 2019 to almost half of 2018 printed figures
Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
9.4.2020
Having suffered repetitive losses since foundation in 2018, Galaxy Digital posts another net loss in Q4 2019
Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate
23.3.2020
Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...
Coin Race: Tezos & Kyber Network Win February, Bitcoin Suffers Unusual Loss
2.3.2020
After a stellar start of the year, bitcoin and altcoins have let off the gas pedal and undergone a correction which began in the middle of February. As a result, the last month of winter was a bit of a mixed bag for all coins.
Bitcoin once again fell below USD 9,000 mark and dragged some of...
Stellar Price Continues to Rise Today; Yesterday’s Loss Likely to Recover Soon
2.3.2020
If we look at the 5-month chart of Stellar, the current price trend is forming a similar price dip to that of in January this year. The price plunge of January seemed like an apt buying opportunity as it rose from there by clearly more than 50%. If we consider the current price plunge as …
‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies
29.2.2020
Gold follows Bitcoin and traditional markets in plummeting fast at the hands of ongoing coronavirus panic
Bitcoin Closes on First February Price Loss Since 2014
28.2.2020
The cryptocurrency risks ending the second month on a negative note for the first time in years and could suffer deeper declines in the short-term
Bitcoin Clings to $9K as Trader Warns 200 DMA Loss ‘Significant Issue’
26.2.2020
Bitcoin needs to preserve its 200-day moving average support to stay bullish
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Bitcoin Traps Buyers With Biggest Daily Price Loss in Three Months
20.2.2020
Bitcoin took its biggest daily fall in three months on Wednesday, but prices remain in the bullish zone for now
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...