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

Posts Tagged ‘Million’

South Korea’s Blockchain ID Service Raises $8 Million in Series A

ICONLOOP, a South Korean blockchain startup that provides digital identification services, received its first venture capital investment through an $8 million Series A funding round, the company said. ICONLOOP is a subsidiary of DAYLI Financial Group, one of the largest fintech companies in Asia. The financing round was led by the quasi-government agency Korea Technology Finance…

Read More

Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency

Singaporean citizen Ho Jun Jia, 29, also known as Matthew Ho, was indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies, according to a grand jury indictment from the U.S. District Court in Seattle, Washington. Ho was arrested in Singapore and is being charged with wire fraud, access device fraud, aggravated…

Read More

Redditors Shilling NANO Now Face $170 Million Lawsuit

A time of reckoning is coming for the NANO cryptocurrency, which went through a period of highly active shilling on Reddit. The NANO developers that touted the coin on social media will have to find a way to compensate those that lost funds during the BitGrail exchange hack. Class Action Seeks Redress by Hard Fork…

Read More

Bitcoin (BTC) Supply Could ‘Expand Over 21 Million’

The Bitcoin (BTC) maximum supply is capped at 21 million coins, of which more than 18 million are already mined. But the actual supply of coins within the economy may be higher, due to various forms of fractional reserves practices. How far will bitcoin’s supply expand over its 21M limit in M0+ forms (M1, M2,…

Read More

Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch

SKALE Network, a blockchain scalability platform, has raised $17.1 million to launch its mainnet. The firm says it could be ethereum’s “best shot” to beat other smart contract platforms. The investment consists of a $10 million contribution from SKALE Labs and $7 million in a recent financing, SKALE Labs CEO Jack O’Holleran told CoinDesk, noting…

Read More

InstaDApp DeFi Site Raises $2.4 Million From Prominent Crypto Investors

India-based InstaDApp announced Tuesday that it raised $2.4 million to build out its smart wallet. The goal is to help users easily execute advanced transactions through the company’s decentralized finance (DeFi) portal. In the early days of the internet, some of the most valuable properties were portals – websites that gathered information in one place.…

Read More

Trading Volume for Bakkt’s Bitcoin Futures Hit Just $5 Million in First Week

The Intercontinental Exchange’s highly anticipated bitcoin futures contract mustered just $5 million of total trading – and its daily product traded fewer than five contracts across its first week. According to the exchange’s Bakkt division, set up last year by the Atlanta-based company as a new marketplace for digital assets, some 623 monthly bitcoin futures…

Read More

$350 Million Bithumb Acquisition Deal Not Happening

The acquisition of South Korean bitcoin exchange Bithumb by BK Consortium has been scrapped. Bithumb Sale Hits Rocks Over Missed Payment Deadlines South Korean media outlet Hanguk Kyungjae says the proposed acquisition of Bithumb by BK Consortium may no longer go through. Reports indicate that the Singaporean entity led by a plastic surgeon and crypto…

Read More