Hong Kong financial regulators are reluctant to back any crypto-related business at this moment in time while proper rules are being drafted to regulate initial public offerings (IPOs). The news might have a serious knock-on effect on the application of the Bitmain IPO and other related crypto projects in Hong Kong in the near future. […]

As crypto prices continue to fall, 2018 is ending on a sour note for the global blockchain community. To some, this is a time for reflection, a time to shrug off the hype and really assess what we’ve achieved over the past few years. But it’s possible that’s just the optimistic spin on things: perhaps, […]

Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23. The South China Morning Post reports that Bitmain is seen by analysts as the cryptocurrency mining hardware firm with the most potential exposure to […]

Bitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in Milam County, Texas. CCN earlier reportedthat the company released plans to construct a data center in Texas as part of an ongoing North American expansion drive. […]

KPMG released its bi-annual “The Pulse of Fintech” report detailing a large increase in blockchain business spending in 2018. Blockchain Moves Beyond Experimentation KPMG, one of the largest tax advisory service firms in the world, reviewed spending for businesses around the world for the report., which showed a large uptick in large investor interest (such […]