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Bitcoin Bull and Twitter Chief Jack Dorsey Invests in ICO Exchange Service CoinList

October 30, 2019 by Anthonia Isichei at Bitcoin

Jack Dorsey, the CEO of Twitter and Square is increasing his stake in the cryptocurrency arena as the Wall Street Journal (WSJ) reports the bitcoin bull investing in CoinList. Dorsey’s other company, Square, is also heavily involved in bitcoin trading. Dorsey Endorses CoinList Speaking to the WSJ on the decision...

Bitcoin Mining Giant Bitmain Launches Data Center In Washington Despite Crypto Crash

Bitcoin Mining Giant Bitmain Files for U.S. IPO, Chases Canaan Creative

October 30, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority. Fascinatingly,...

Bakkt Tie-Up with Starbucks is Materialising into a Potential Showstopper

October 30, 2019 by Ashwath Balakrishnan at Bitcoin

In early 2020, Bakkt will begin testing its consumer app along with one of its prime partners, Starbucks. The lifelong dream of Bitcoiners to walk into a Starbucks and pay for their coffee with sats is set to become a reality, according to Bloomberg, October 28, 2019. Consumer adoption is...

Crypto Asset Management Firm Iconic Funds to Launch Bitcoin ETN

October 29, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Iconic Funds, a leading regulated cryptocurrency asset management firm has announced plans to launch its Bitcoin Exchange Traded Note (ETN) of up to 100 million Notes, tracking the New York Stock Exchange (NYSE) Bitcoin Index (NYXBT). The ETN will be available to both retail and institutional investors, according to a...

Bitmain Leadership Crisis Deepens as Ousted Co-founder Threatens Legal Action

Upheaval at Bitcoin Mining Giant Bitman sees Jihan Wu Return to the Helm

October 29, 2019 by Anthonia Isichei at Bitcoin

Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan. The news of the organizational restructuring at Bitmain comes as mining rival Canaan is moving forward with its U.S. IPO. Micree...

Bitcoin Mining Behemoth Canaan Creative Moves Ahead with $400M U.S. IPO

October 29, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Canaan Creative, the world’s second-largest Bitcoin mining machine manufacturer after Bitmain, has filed for a $400 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). If all goes as planned, Canaan’s shares will be listed on the NASDAQ Stock Exchange with the ticker symbol CAN,...

Bakkt Consumer Crypto Payment App Coming in 2020

October 29, 2019 by Aisshwarya Tiwari at Bitcoin

In a Medium post published on October 28, 2019, Mike Blandina, chief product officer (CPO) at Bakkt, announced that the exchange platform will launch a consumer app to propel the use of cryptocurrencies among the masses. Bakkt Consumer App Out in 2020 After having successfully gone live on September 23,...

Russian Nuclear Scientist Jailed for Illegally Mining Bitcoin

October 28, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Andrey Rybkin, a Russian nuclear scientist working at the All-Russian Scientific Research Institute of Experimental Physics, has been sentenced to three years in prison with a hefty fine of 200k rubles ($3,122) for illegally mining Bitcoin with the agency’s computer systems, according to reports on October 28, 2019. End of...

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