The cryptocurrency mining business report from GMO Internet released on January 8, 2019, indicates a slight surge in the number of bitcoins mined, but a decrease in profits because of the plummeting price of bitcoin. GMO revealed it didn’t mine...
Thailand’s Securities and Exchange Commission (SEC) has approved four digital asset business licenses to companies looking to operate in the crypto industry, the Commission announced on their website on January 8, 2019. Thai SEC Approves Licences For Four Crypto Exchanges...
Canaan, the second-biggest maker of Bitcoin mining hardware in China, is considering listing in the U.S. after shelving plans for a Hong Kong initial public offering, Bloomberg reported on January 8, 2019. Listing in the U.S. after Abandoning Hong Kong...
On January 8, 2019, Swiss cryptocurrency exchange ShapeShift reportedly laid off 37 employees, citing a tough market climate according to the exchange’s CEO Erik Voorhees. Crypto Winter Hits ShapeShift Another business in the crypto industry has suffered from the prolonged...
Julian Hosp, the CEO and co-founder of Singapore-based crypto wallet TenX, which gained prominence as the top-grossing ICO of 2017, will be stepping down, the company announced on Twitter on January 8, 2019. Julian Hosp Stepping down from TenX Position...
A Russian economist believes that the impending U.S. sanctions against Russia will force the country to start diversifying its reserves with Bitcoin as early as February 2019, Micky reported on January 8, 2019. New Sanctions Could Trigger a Bull Market...
Parity Technologies, the company behind one of the fastest Ethereum clients on the market, has secured a $5 million grant from the Ethereum Foundation to increase scalability, usability, and security of their product, the foundation announced on its website on...
;Japan’s primary financial watchdog, the Financial Services Agency (FSA), could approve crypto exchange-traded-funds despite abandoning plans to allow Bitcoin futures, a person familiar with the matter told Bloomberg on January 7, 2019. Increasing Interest in Cryptocurrency EFTs in Japan Despite...
The highly-publicized acceptance of Monero at the official merch store of Fortnite, the world’s most popular game, was an “accident,” the founder of Epic Games, Fortnite’s parent company, revealed on Twitter on January 6, 2019. Accepting Monero Was a Mistake...
Online retailer Overstock announced it would pay a part of its Ohio state business tax using bitcoin, making it the first company to use Ohio’s crypto tax portal, Fortune reported on January 3, 2019. Paying Taxes in Virtual Currency An...
