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    Bitmain's IPO Woes

    Bitmain's IPO Woes

    Parties solicited to invest in the pre-initial public offering (IPO) funding round for Bitmain Technologies, Ltd., the leading maker of cryptocurrency mining software and hardware, received pitch decks falsely suggesting the company had secured financial backing from...
    Bitmain's IPO Woes

    Bitcoin Backed

    In January, a new token is being launched on the ethereum blockchain that will be backed one-for-one by bitcoin. An advisory committee to the U.S. Internal Revenue Service (IRS) believes the agency should provide clearer guidelines on how cryptocurrency transactions...
    Bitmain's IPO Woes

    Bitstamp Acquired

    Cryptocurrency exchange Bitstamp has been acquired by NXMH, an investment firm based in Belgium and owned by South Korean conglomerate NXCThe Korean government made waves last year when it moved to ban initial coin offerings from taking place in the country.Blockchain...
    Bitmain's IPO Woes

    Jail Time

    U.S.-based cryptocurrency exchange Coinbase has just announced $300 million in new fundingThe developer that formalized the code underlying most initial coin offerings (ICOs) – ethereum’s ERC-20 token standard – has proposed a new approach in a bid to make the...
    Bitmain's IPO Woes

    Lost Crypto?

    The world’s largest cryptocurrency exchange Binance has frozen accounts that received more than 93,000 ether from two wallets indirectly linked to the troubled Russian exchange WEX.Former Federal Reserve chair Janet Yellen has been gifted a small amount of...
    Bitmain's IPO Woes

    Tether's Scribble

    Tether, the company behind the controversial stablecoin of the same name, published a letter purporting to be from Deltec Bank and Trust Limited today, confirming that it has about $1.8 billion in its account as of October 31. However, the letter – dated...
    Bitmain's IPO Woes

    ICO Guidance in "Plain English"

    The U.S. Securities and Exchange Commission (SEC) plans to clarify when and how cryptocurrencies may be classified as securities, and will do so in “plain English.”The chairman of Deltec Bank & Trust says a widely scrutinized letter about stablecoin...
    Bitmain's IPO Woes

    "The Largest Crypto Giveaway in History"

    Bitmain is launching two new Antminer models targeting the bitcoin mining industry. U.S. elections drama may be dragging Augur out of the doldrums. Crypto wallet provider Blockchain says it’s about to stage what it’s calling the “largest crypto...
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