Tag: IPO

  • Mining
    Industry

    Bitcoin Mining Monopoly Bitmain May Branch Out From Crypto

    Cryptocurrency investors are not getting any respite from the bearish mood of the market as, once again, Bitcoin dipped below $6,000 to reach a near 2018 low on Tuesday. The market has been hit by uncertainty over the upcoming cryptocurrency regulations from various jurisdictions across the world, and...

    Prateek Dimri | August 14, 2018 | 2:30 pm
  • Opera
    Industry

    Will Opera’s Integration of Crypto Wallet Coax Chrome and Firefox?

    Web browser developer Opera is introducing a built-in digital wallet called “Crypto Wallet” for Android which will permit users access to decentralized applications (dApps) as well as storage for Ether and Ethereum-based tokens. As a platform, Opera Browser offers a similar experience to other browsers, but gives access to unique...

    Thomas Delahunty | July 11, 2018 | 7:00 pm
  • NewsBTC SLushpool Bitcoin mining
    Industry

    Bitmain Expands Circle of Influence With $50 Million Investment

    The world’s largest producer of ASIC mining machines, Bitmain, is expected to invest $50 million into the upcoming IPO of Opera Ltd. Bitmain’s Expanding Circle of Influence Norway-based Opera Ltd., one of the top internet browsers, has just filed for a Nasdaq initial public offering (IPO) last week,...

    Nick Chong | July 8, 2018 | 8:07 pm
  • Bitcoin

    Bitmain Raises $400 Million Prior to its $12 Billion IPO, Growing Dominance

    Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages both pools, allowing...

    Nick Chong | June 25, 2018 | 9:00 am
  • bitcoin mining
    Crypto

    Crypto Mining Company Responds to Android Malware Outbreaks

    A mining equipment company CEO has responded to issues raised by mining malware hacks infiltrating Amazon Fire software and Android devices saying that it is not representative of the industry. Talking to NewsBTC, he also said that more crypto mining companies are likely to get listed on the...

    tim copeland | June 14, 2018 | 2:00 pm
  • IPO
    Industry

    Crypto Mining Giant Bitmain’s CEO Is Considering an IPO

    Jihan Wu runs Bitmain Technologies Ltd., the world’s largest producer of custom cryptocurrency mining chips. Financially speaking not much is known about the Chinese company, though Wu has hinted at the possibility of holding an initial public offering (IPO), which would force Bitmain to reveal more. What an IPO...

    Thomas Delahunty | June 7, 2018 | 10:00 pm
  • chia
    Altcoins

    BitTorrent creator Bram Cohen Developing Cryptocurrency Chia Without ICO

    Bram Cohen — the inventor of file sharing service BitTorrent — is behind an up and coming cryptocurrency called Chia. Chia, which doesn’t require massive amounts of electricity like Bitcoin does, has raised almost $3.4 million without the help of an initial coin offering (ICO). The money will help...

    Thomas Delahunty | March 29, 2018 | 1:00 am
  • ICO

    Telegram Raised $850 Million, But Was it an ICO?

    The business model most people attribute to initial coin offering doesn’t always hold up. The recent Telegram “ICO” shows how some of these offerings are no longer accessible to the public. Changing the ICO Business Model If Telegram’s recent funding is an example, the concept of an ICO...

    JP Buntinx | February 18, 2018 | 12:00 pm
  • ICO, IPO, startups, fundraising, investors

    The Changing Trends, Startups Switch to ICOs from IPOs

    The connection between startups and investors go way back in time. Entrepreneurs have always been approaching investors to raise the required capital to run their business in exchange for a certain percentage of equity. On a later stage, they go public with an IPO, issuing shares that can...

    Gautham | May 6, 2017 | 9:01 pm
  • trust
    Bitcoin

    Bitcoin Investment Trust Ups Its Proposed IPO Size to US$1bn

    The concept of a Bitcoin ETF continues to spark the imagination. Such an investment vehicle provides a convenient gateway for mainstream investors. Until that happens, though, we can only dream of such a vehicle. Bitcoin Investment Trust, a company seeking SEC approval for its IPO, remains optimistic. In...

    JP Buntinx | May 5, 2017 | 2:00 pm

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