カテゴリー: ipo

Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership

Report Claims Chinese Mining Giant Bitmain Is Prepping for New LeadershipThe cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]

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Bitcoin Equipment Maker Ebang Reapplies for Hong Kong Listing

Ebang International Holdings Inc., a Chinese bitcoin mining equipment maker, has refiled documents for a public share sale with the Hong Kong stock exchange after its first submission failed to proceed. Money raised from the initial public offering (IPO) will go towards development of new mining hardware and non-crypto blockchain applications, among other things. Also […]

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Will Coinbase Hit Its 2018 Target of $1.3 Billion in Revenue?

The current crypto bear market is dragging on, with billions in cryptocurrency wealth wiped out in 2018. The trading volume of six year-old Coinbase has hit a yearly low. Despite the crypto winter, the company is continuing to raise funds and has reached an impressive valuation of $8 billion. But is this figure justified and […]

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US Bank That Serves 483 Cryptocurrency Companies Is Seeking an IPO

US Bank That Serves 483 Cryptocurrency Companies Is Seeking an IPOSilvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now its parent company wants to go public, revealing that 483 companies from the crypto industry are using the services of the “bitcoin-friendly” bank. Also Read: Survey Finds McAfee Is the Most Influential Crypto Trading Figure $1.7B of […]

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Canaan’s Hong Kong Listing Plans in Limbo

Canaan's Hong Kong Listing Plans in LimboPlans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents to the Asian bourse. Also Read: Bitcoin ATMs Most Common Scam Payment Method […]

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Canaan’s Hong Kong Listing Plans in Limbo

Canaan's Hong Kong Listing Plans in LimboPlans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents to the Asian bourse. Also Read: Bitcoin ATMs Most Common Scam Payment Method […]

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Regulations Roundup: Ebang IPO Challenged by Probe, Plattsburgh Passes Mining Guidelines

Regulations Roundup: Ebang IPO Challenged by Criminal Probe, Plattsburgh Passes New Mining GuidelinesIn recent regulatory news, a criminal investigation may prevent Ebang from conducting an initial public offering, Plattsburgh has passed new regulations governing commercial mining operations, and Ron Paul has endorsed precious metals and cryptocurrencies as a viable alternative to fiat currency. Also Read: Another Token Project Launches on the Bitcoin Cash Network Criminal Accusations Pose Hurdle to […]

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The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against BanIn this edition of The Daily, we cover reports that the U.S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. Also, a court in Moscow has reject an appeal against the ban imposed on the popular messenger […]

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Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

Trump Tariffs to Impact Chinese Mining Hardware ManufacturersThe escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations  Harsh Hardware Duties In June, the Office of the United […]

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Former CFTC Chair Advocates ‘Technology Neutral’ Cryptocurrency Regulations

Former CFTC Chair Advocates "Technology Neutral" RegulationsThe former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US States […]

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