Tag Archives: News

The owner of office space company WeWork burned through $900m in the first six months of this year and documents filed with regulators reveal The We Company, valued at about $47bn, invested heavily in expansion. Because of these losses, SoftBank, the biggest external shareholder in WeWork, advised this property group to delay its hotly anticipated initial public offering.Just for reminder, WeWork’s parent company, the We Company, wants to raise between $3 and $4 billion in its flotation....

For a while now, one of the most anticipated events in the crypto sector has been the official launch of Bakkt which the market has been waiting for since last year when the firm was officially announced.Last week, the official Twitter account announced that the Bakkt Warehouse had been thrown open and had begun receiving deposits and withdrawals, in preparation for its Bitcoin Daily & Monthly Futures, expected to launch on the 23rd of September.Now, the firm’s Chief Operating Officer...

On Monday, September 9, Binance CEO Changpeng Zhao announced the official launch of Binance Futures. To get an early idea of the market before launch, Binance unveiled its crypto futures testnet last week. The futures testnet was available for a period of five days and launched on two platforms Futures A and Futures B.The two platforms were pitched against each other to see which one performs better. Binance’s own development team created the Futures A platform whereas Binance’s crypto...

Last week we wrote of how Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network and this (or the next) month is expected for the company to finally launch TON.However, it seems that the go-to marketplace for the new Gram tokens could be an emerging exchange with somewhat of 4,000 users.If it’s to believe Blackmoon Crypto, this small, Cayman Islands-registered exchange might be right...

Ethereum price started an upward move and climbed above the $175 resistance against the US Dollar.ETH price is currently consolidating above the $180 level and it could continue to rise.There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart (data feed from Coinbase).The price could climb higher significantly and it may perhaps break the $185 and $190 resistances.Ethereum price is gaining bullish momentum above $175 against the US Dollar. ETH price...

The Catalonian government has decided to go in the direction of decentralized systems to implement their identity solutions. The so-called Self-Sovereign Identities (SSIs) will run off its own fully independent decentralized ledger system.The project which has been called “IdentiCAT” will not be controlled by the government. Catalonians both home and abroad will have access to their Data and be able to choose who they share they share what with. Catalan President Quim Torra said in a press...

Bitcoin mining equipment manufacturer Bitmain has launched two new ASIC machines for miners to enjoy. With roughly 18 million of 21 million BTC units already extracted, the world of bitcoin mining is getting rather tough and competitive, and the introduction of new equipment is likely to add strain to an already up-and-down industry. Bitmain Is Making Its Mark Once AgainIn addition to Bitmain’s machines, a new air-cooled mining container released by Northern Bitcoin based in Frankfurt,...

Dutch millionaire John de Mol, who created the hit reality television program “Big Brother,” is suing Facebook over phony bitcoin ads. He’s now asking the court to issue a ruling on the case.De Mol Wants the Courts to InterveneFacebook has been at the center of controversy for several years, starting with its alleged ties to Cambridge Analytica which were discovered in 2018. Facebook had purportedly been selling users’ private data to third parties for advertising purposes. Mark Zuckerberg...

Jack Dorsey, the controversial CEO of Twitter, needs to make up his mind once and for all about bitcoin. Last year, the social media mogul said that the currency would be the only form of money available to people in about ten years. Now, he’s saying bitcoin doesn’t work as money. Which one is it, buddy? Is bitcoin going to work as a currency or won’t it? Hey Dorsey… Which One Is It?Dorsey seems to be all over the map in many ways. For one thing, Twitter is still getting a lot of flack for...

Ripple price is forming a support base near the $0.2475 level against the US dollar.The price is currently struggling to surpass the key $0.2650 and $0.2660 resistance levels.There was a break above a major bearish trend line with resistance near $0.2615 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could start a solid upward move if it manages to break the $0.2650 and $0.2660 resistances.Ripple price is consolidating in broad range below $0.2650 against the US...