Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale
According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U.S, to raise…
Tag: Chinese
Are Chinese Capital Controls What’s Pushing Up Bitcoin Price?
A former Chinese central bank advisor was denied transferring $20,000 abroad to pay for a vacation. Could increasing capital controls in China be driving Bitcoin…
There is a game of cat and mouse being played in which China is “Tom” and the USA is “Jerry”.
Merely 5 years ago, Chinese citizens were celebrating U.S. National Debt clock striking $18 trillion, out of which $1.17 trillion belonged to China. Many people…
Cross-Border Business Blockchain platform by SAFE of China
According to the Shanghai Securities News on April 24, another major Chinese government department has launched a financial platform based on blockchain technology. The State…
Five Lessons to Learn From Successful Unicorn Startups
Whether it’s the Chinese dragons, Baidu, Alibaba and Tencent or Indian juggernauts like Flipkart, Asia is the birthplace of some of the most successful unicorn…
Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret – Bitcoinist.com
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities…
CryptoMap: China — The Many Faces of China’s Enthusiasm Towards Blockchain
Happy Chinese New Year! to celebrate this amazing holiday, we’re going to visit a country with an immense density of crypto miners and traders, where…
Floyd Mayweather-Backed ICO Stox Sued For Misappropriating $30 Million – Bitcoinist.com
A Chinese investor has sued Stox.com and its owner Moshe Hogeg, for allegedly misappropriating funds raised during an ICO. Boxer Floyd Mayweather famously backed the…
Ripple Partners With Chinese University for Blockchain Research ProgramRipple Partners With Chinese University for Blockchain Research Program – Altcoin Today
Ripple has partnered with a top Chinese university for a blockchain research program. The Institute for Fintech Research (THUIFR) at Tsinghua University in Beijing announced last week…
Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts.…