Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World’s Largest

news It’s been over a year since the scaling upgrade known as segregated witness, or SegWit, was activated on the bitcoin network. Even so, only an estimated 36 percent of all bitcoin transactions are actually using it. Why the minimal adoption rate? It’s largely because, like any backward-compatible upgrade (otherwise called a soft fork), SegWit ensures participants in…

Jun 25, 2020 at 17:44 UTCUpdated Jun 25, 2020 at 18:40 UTCThe U.S. Department of Justice indicted the founder of “AML Bitcoin” on money laundering and wire fraud charges. According to a court filing dated June 22, Texas resident Rowland Marcus Andrade, the founder of the NAC Foundation, allegedly raised funds by conducting an initial…

news The National Payments Corporation of India (NPCI) – a bank consortium-owned umbrella organization for retail payments and settlements – is planning to use blockchain technology to boost digital transactions. According to a report in Business Today on Sunday, the NPCI has said it plans to develop a “resilient, real time and highly scalable” blockchain…

Crypto punters on Polymarket give Donald Trump a 17% chance of going to jail before the November U.S. presidential election.The market for the bet has seen $900,000 in wagers from crypto users since its creation in January.Crypto punters are giving Donald Trump a 17% chance of going to jail before the U.S. presidential election in

Agoric, a JavaScript-native smart contract platform, announced the launch of its public chain, which comes a month after the company completed a $32 million private token sale.Agoric says its proof-of-stake chain with JavaScript smart contracts offers developers a secure and reliable cross-chain ecosystem for building and deploying decentralized finance (DeFi) applications. The development environment provides…

Regulatory agencies in China have jointly issued a warning against illegal fundraising and trading activities involving cryptocurrencies. The warning was issued on Friday by six high-level watchdogs: the People's Bank of China, the Banking Regulatory Commission, the Securities Regulatory Commission, the Ministry of Public Security, the Central Cyberspace Affairs Commission, and the State Administration for…

Jul 15, 2020 at 16:49 UTC(Unsplash, modified using Photomosh)Patrick Murck is chief legal officer at Transparent Systems, developers of distributed settlement solutions, and an affiliate at Harvard’s Berkman Klein Center. Linda Jeng is global head of policy and special counsel at Transparent Systems and a senior fellow at Georgetown’s Institute of International Economic Law. Digital…

Dec 16, 2019 at 13:00 UTCUpdated Dec 16, 2019 at 13:25 UTCThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Daniel Gorfine is the founder of fintech advisory firm Gattaca Horizons LLC. He currently serves as an adjunct…

Feroz will bring experience "built across the global payments and fintech industry," BCB Group said.Zeeshan Feroz, BCB Group advisor(Zeeshan Feroz/LinkedIn)Feb 3, 2021 at 12:56 p.m. UTCCrypto Banking Company BCB Group Hires Former Coinbase UK CEOCrypto payment services firm BCB Group has appointed former Coinbase UK CEO Zeeshan Feroz as an advisor.According to the announcement, Feroz,…