February 24, 2019 @ 3:38 pm By Cali Haan  |  

According to Reuters, crypto-exchange software maker ANX International purchased a controlling stake in Hong Kong-listed marketing firm Branding China last year, and said that the company’s new status as a publicly-traded company granted clients, “additional confidence in knowing we are a credible company and here… Read More

February 23, 2019 @ 10:10 am By JD Alois  |  

Earlier this month, the Quebec Autorité des marchés financiers (AMF), along with the Financial Markets Administrative Tribunal issued “conservatory orders” against Crypto Technologies Inc. (DBA Make It Mine), and principles David Fortin-Dominguez and Samory Proulx-Oloko for “failures to comply with the Securities Act.” The order was the… Read More

February 21, 2019 @ 2:23 pm By Cali Haan  |  

CryptoSolarTech, a Spanish cryptocurrency mining company that raised $68 million USD (60 million euros) in an ICO fundraise last spring has sent a letter to investors announcing that the company will cease operations and return the money collected in the ICO, Cointelegraph reports. A copy… Read More

February 21, 2019 @ 9:44 am By Cali Haan  |  

Australian cloud access security brokerage (CASB) Bitglass has published an article in Security Briefing Australia warning that “cloud resources” have become the most coveted target of hackers pervading cryptocurrency mining malware. “Cloud computing” is essentially the outsourcing of data storage to firms running large data… Read More

February 20, 2019 @ 2:55 am By Cali Haan  |  

30 investors in Thailand who say they were defrauded of 42 million baht ($1.34 million USD) by the owner of a Bitcoin mining scheme formally complained Monday to the Thai Technology Crime Suppression Division, The Bangkok Post reports. Police say a total of 140 investors have now… Read More

February 18, 2019 @ 3:54 pm By Samantha Hurst  |  

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced on Monday the launch of its next-generation 7nm ASIC chip, BM1397. According to Bitmain, the new chip achieves new feats in performance, chip area and energy efficiency for mining cryptocurrencies such as Bitcoin (BTC) and Bitcoin Cash (BCH),… Read More

February 17, 2019 @ 6:08 pm By Cali Haan  |  

Eight “potentially unwanted applications” (PUAs) identified by cybersecurity researchers at Symantec have been now been removed from the Microsoft Store. The eight fake apps -Fast-search Lite, Battery Optimizer (Tutorials), VPN Browsers+, Downloader for YouTube Videos, Clean Master+ (Tutorials), FastTube, Findoo Browser 2019, and Findoo Mobile… Read More

February 16, 2019 @ 4:33 pm By Cali Haan  |  

Due to “challenging conditions” in crypto markets, Argo Blockchain (LSE:ARB), a cryptomining firm that went public in the UK last year, is no longer accepting new customers for its “mining-as-a-service” program (also known as “cloud mining”), and will terminate all contracts as of April 1,… Read More

February 14, 2019 @ 3:24 pm By Cali Haan  |  

After many were forced out and ruined by floods last year, tenacious crypto miners are nonetheless poised to (re)establish operations in the mountainous Chinese province of Sichuan. They plan to do so just ahead of May to October’s rainy season when the price of electricity… Read More

February 9, 2019 @ 12:11 pm By Cali Haan  |  

Five men and one woman have been arrested in Klingenthal, Germany and are charged with stealing 220 000 Euros ($249 843 USD) worth of electricity to run a cryptocurrency mine consisting of 49 computers housed in an industrial facility, Freie Presse reports. Officials reportedly detected… Read More

February 7, 2019 @ 4:39 am By Cali Haan  |  

The head of Russia’s VTB bank, Andrei Kostin, has reportedly compared cryptocurrency mining with counterfeiting and believes crypto markets cannot currently be regulated, Russian national news agency TASS reports. Kostin made the comments while speaking at an educational event called “The I Am Professional” Olympiad…. Read More

February 5, 2019 @ 4:50 pm By Cali Haan  |  

Abu Dhabi’s state-owned investment fund, Mubadala Investment Co, has sold a large portion of its position in common equity shares at Advanced Micro Devices (AMD), Reuters reports. Last week, AMD announced quarterly results that fell short on top line revenue. The company forecasted decent Q1 earnings… Read More

February 4, 2019 @ 3:26 pm By JD Alois  |  

Nvidia (NASDAQ:NVDA) will announce Q4 fiscal 2019 financial results and Q1 fiscal 2020 guidance on its earnings call scheduled for February 14th. The Valentines Day event has removed some of the surprise as Nvidia revealed reduced guidance last week. “Q4 was an extraordinary, unusually turbulent, and… Read More

February 1, 2019 @ 3:52 am By Cali Haan  |  

Bitfury, one of the world’s largest cryptomining  and “blockchain-services” firms has announced it is partnering with the Korea-based company Commons Foundation, “to open and operate Bitcoin transaction processing centers in Paraguay as part of the foundation’s “Golden Goose” initiative to expand cryptocurrency and blockchain innovation… Read More

January 31, 2019 @ 3:35 pm By Cali Haan  |  

People checking their balances on cryptocurrency exchanges and financial accounts are being warned to delete all cookies from their browsers after they log out. According to cybersecurity researchers at Palo Alto Networks, a new cookie-based cryptomining malware called “CookieMiner” is circulating and is designed to… Read More

January 28, 2019 @ 10:46 pm By JD Alois  |  

AW Blockchain Mining has filed a Form 1-A with the Securities and Exchange Commission (SEC) indicating its intent to launch a security token offering (STO) seeking a max raise of $50 million. The Reg A+ Offering Circular states that the company seeks to issue 50,000,000 shares… Read More

January 24, 2019 @ 11:29 am By Cali Haan  |  

The rumoured appointment of a new CEO at cryptomining giant Bitmain does not appear to have enhanced the company’s prospects of going public in Hong Kong, South China Morning News reports. Responding generally to media questions about cryptomining firms seeking IPOs in Hong Kong, Charles… Read More

January 22, 2019 @ 11:07 am By Cali Haan  |  

Seven men police believe conspired to rob multiple Bitcoin “mines” in Iceland have been convicted, and their leader sentenced to 4.5 years in prison, Icelandic news outlet DV reports. Starting in December 2017, and for several weeks thereafter, six men led by Sindri Thor Steffanson allegedly robbed… Read More

January 15, 2019 @ 4:28 pm By Cali Haan  |  

“The business environment is increasingly harsh, but we can still produce a profit.” Two large Japanese IT companies, DMM and GMO, recently closed or considerably shrank their cryptomining operations citing millions in 2018 losses. That hasn’t stopped the Japanese firm Ginco Mongol, whose CEO furnished the… Read More

January 14, 2019 @ 10:49 pm By Cali Haan  |  

“We had welcomed this.” Locals in Rockdale, Texas, a small town east of Austin that recently lost two of its largest employers and 30% of the local tax base, are disappointed to learn that Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator… Read More