Currency

Worlds Biggest Crypto Company Opens Books for IPO

One of the cryptocurrency world’s most powerful, controversial and secretive companies just opened its books for the first time.

Bitmain Technologies, the virtual currency mining firm co-founded by billionaires Jihan Wu and Micree Zhan, released its first public financial statements in a Hong Kong regulatory filing on Wednesday. The disclosure, which also confirmed Bitmain’s intention to pursue…Click here to read full article

Bitcoin

Worlds Biggest Crypto Company Opens Books for IPO

One of the cryptocurrency world’s most powerful, controversial and secretive companies just opened its books for the first time.

Bitmain Technologies, the virtual currency mining firm co-founded by billionaires Jihan Wu and Micree Zhan, released its first public financial statements in a Hong Kong regulatory filing on Wednesday. The disclosure, which also confirmed Bitmain’s intention to pursue…Click here to read full article

Bitcoin

Poll: 80% Of Consumers Bullish On Bitcoin

bitboy

A new survey conducted by SharesPost shows that not only have digital currency investors kept the faith in these volatile times, but an overwhelming majority of those queried are planning to boost their crypto holdings.

In a survey of crypto holders that included 2,490 retail investors and 528 accredited investors, SharesPost said that 59 percent of investors and nearly 72 percent of consumers are planning to increase their crypto stashes ovr the next 12 months…. CLICK for complete article

Apple Co-Founder Jumps On The Blockchain Bandwagon

woz

Apple’s co-founder Steve Wozniak has always been fan of cryptocurrencies but struggled with the broader blockchain trend, claiming it was just a bubble. But now there are signs that he’s had a change of heart after gaining a better understanding of everything blockchain… CLICK for complete article

Why The Crypto Market Has Lagged In 2018

crypcry

The cryptocurrency shakeout is well upon us. The crypto market has crashed spectacularly from its January highs, managing to retain just a quarter of its peak value. Looking at the crypto global charts might lead you to believe that this is a zero-sum game since we are back exactly where we were before the crazy rally…. CLICK for complete article

Venezuela’s PDVSA To Start Using ‘El Petro’ Next Week

petro

Venezuela’s state-owned oil company PDVSA will start using the local cryptocurrency El Petro for all its transactions on August 20, President Nicolas Maduro said, as quoted by Sputnik. The president did not mention whether PDVSA’s business partners agreed with the change, yet the shift to a cryptocurrency in all of PDVSA’s business dealings is only part of a much bigger monetary overhaul…. CLICK for complete article