Kraken preparing for $100M funding round ahead of possible IPO: Report
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public.
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This Bitcoin mining company’s stock is in free fall following Q3 loss
The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavy. 1846 Total views 14 Total shares The stock of one of China’s "Big Three" mining firms is in free fall Monday after reporting another quarterly loss, underscoring the operating challenges imposed by COVID-19.Canaan Creative, which manufactures mining…

Friday Pullback? Biggest Bitcoin Mining Pool Sends 800 BTC to Binance
Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns.In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC price: CryptoQuant expects a “little pullback”Aftering remaining stable this month, mining pool outflows have begun to grow, with 802 BTC in aggregated…

Microsoft Helps Hospitals Fight Ransomware Amid Coronavirus Pandemic
Global computing conglomerate Microsoft is notifying hospitals that are vulnerable to ransomware attacks to help prevent healthcare institutions from becoming overwhelmed amid the COVID-19 pandemic.The firm also published recommendations to hospitals for securing their systems and preventing ransomware attacks on April 1.Through the company’s network of threat intelligence analysts, Microsoft states that it “identified several…

Hodlers in loss sit on 50% of BTC supply after $5.7K Bitcoin price dip
Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets. 891 Total views 7 Total shares Bitcoin (BTC) is setting unenviable records this week as hodlers big and small battle some major pain.Data from on-chain analytics firm Glassnode shows over one-third of the BTC supply being…

Kazakhstan ramps up power consumption reporting requirements for crypto miners
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. 152 Total views 22 Total shares The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry's energy usage affects the local…

Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO
Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors.The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of the company in a message sent to the project’s official Telegram group on Nov. 22. “The company no longer has funds to continue”The message —…

Singapore advances asset tokenization with new MAS frameworks
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.

US Treasury-led CBDC Working Group looking at technical issues, national interest
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. 367 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury Department is continuing to consider design decisions relating to the introduction of a…