Analyst Questions Bitmain’s Revenue as Crypto Miner Seeks IPO

Pop over to CoinMarketCap and check Bitfinex's page. You'll see that the trading pair with the second-highest volume on the exchange over the past 24 hours – nearly $48 million at the time of writing – is USDT/USD: the tether stablecoin, which aims for parity with the U.S. dollar, and the U.S. dollar itself. From…

Feb 20, 2020 at 20:30 UTCUpdated Feb 20, 2020 at 20:38 UTCBitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers FindBitcoin's lightning network is growing "increasingly centralized," making it more susceptible to attacks, asserts a new paper by security researchers.Seen as a potential solution to bitcoin's scaling headaches, lightning is a payment network allowing for speedier…

Sep 15, 2020 at 11:24 UTCUpdated Sep 15, 2020 at 11:37 UTCAnalyst ‘Cautiously Bullish’ on Bitcoin but Says Equity Sell-Off Still a ThreatBitcoin (BTC) has crossed into bullish territory, but prices remain vulnerable to potential sell-off in stocks, an analyst believes. The leading cryptocurrency jumped above $10,700 on Monday, confirming an upside break of 10-day-long…

Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Seychelles-based crypto exchange Bitget has started a…

Apr 1, 2020 at 12:53 UTCUpdated Apr 1, 2020 at 13:13 UTCBank notes from Northern IrelandJ.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog.With the recent collapse in U.S. interest rates, the stablecoin industry is in…

Jun 10, 2020 at 12:38 UTCUpdated Jun 10, 2020 at 12:39 UTCFirst Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the FedAs Federal Reserve Chair Jerome Powell steers U.S. monetary policymakers away from negative interest rates, he risks becoming increasingly isolated among the world’s top central bankers.  Officials in the U.K., Europe and…

Blockchain Capital, a crypto-focused investment firm, has defied the depressed market to raise $580 million for two new funds.The funding is split between $380 million for its sixth early-stage fund, which will focus on newer companies and protocols in pre-seed and Series A rounds, and $200 million for its opportunities fund, which will target late-stage

Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining WoesChina’s bitcoin miners are in a rut, Ripple shows signs of sales growth and INX scaled down its IPO vision. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and…

Halsey Minor (Image courtesy of Uphold)The latest venture from CNET founder Halsey Minor looks a lot like an attempt to recreate the legacy monetary system on a blockchain. Launched commercially last week, Public Mint says its "fiat native" blockchain makes transactions efficient and accessible.The platform is described as a programmable blockchain with fiat funds held…