Best Bitcoin Mining Comparison. Hashflare vs Genesis Mining
Bitcoin Cloud Mining Comparison List. Top Cloud Mining Contracts Reviewed

Posts Tagged ‘Million’

Blockchain Startup ConsenSys Seeks $200 Million From Outside Investors

New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15. According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s executives reportedly talked to investors in Hong Kong and South Korea, however as…

Read More

Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund

The parent company of major South Korean cryptocurrency exchange Bithumb has received $200 million in funding from Japan’s ST Blockchain Fund, the latter confirmed in a press release shared with Cointelegraph Japan on April 15. The cash, which forms part of a Series A funding round, will allow Blockchain Exchange Alliance (BXA) to expand the…

Read More

ICC to Support Blockchain Adoption Among Its 45 Million Member Businesses

Singapore blockchain startup Perlin is helping the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technology, the company confirmed in a press release on April 12. Perlin, which is already involved in blockchain pilots for various major businesses, including Asia Pacific Rayon, will now gain access to ICC’s members as…

Read More

Bitcoin SV Miners Saw Gross Losses of $2.2 Million Since Fork: BitMEX

A tweet published on April 12 by the research arm of major cryptocurrency derivatives platform BitMEX estimates that Bitcoin SV (BSV) miners have accumulated gross losses of $2.2 million. The report released by BitMEX Research claims that BSV miners perceived a negative gross profit margin of 12% since the coin was created in a hard…

Read More

Blockchain Startup Horizen Labs Doubles Target to Raise $4 Million

Just-launched blockchain technology startup Horizen Labs has raised $4 million in a seed funding round. Participating in the round were VC firms Digital Currency Group (DCG) and Liberty City Ventures, as well as other independent investors. The U.S.-based startup had initially been looking to raise $2 million, but ultimately received double its target amount, it said…

Read More

Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members

The world’s biggest business organization is making blockchain technology available to its 45 million members, including Amazon, Coca Cola, Fedex, McDonald’s and PayPal. Announced Thursday, the 100-year-old International Chamber of Commerce (ICC) has partnered with Singapore-based blockchain startup Perlin to improve supply chain processes at member firms, making them more traceable and transparent. The ICC will…

Read More

Blockstack Files With SEC to Raise $50 Million in Reg-A+ Crypto Token Sale

Blockstack, the New York-based blockchain software provider launched in 2017 to create the infrastructure for a decentralized internet, has announced it intends to raise $50 million in a token sale that would leverage the SEC’s Regulation A+ crowdfunding exemption. While the move still requires regulatory review, the sale would enable Blockstack to raise capital through…

Read More

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018. CoinDesk Korea reported the news on Thursday, saying that the loss was mainly due to a sharp decline in the cryptocurrency market last year, though the company’s operator BTCKorea also cited infrastructure investments and labor costs…

Read More

Polychain’s Assets Drop $376 Million Since August, SEC Filings Show

A new filing with the U.S. Securities and Exchange Commission (SEC) shows that prominent venture fund Polychain had $591.5 million in assets under management at the end of March. That’s down considerably since the firm’s August 2018 filing, which showed $967.8 million in assets under management. That’s a loss in value of $376.4 million. The Wall…

Read More