The first publicly listed blockchain infrastructure company, Hive Blockchain Technologies Ltd., reportedly lost the last analyst covering it, and the price of its shares is far from the early days of it going public. Meanwhile, the company reported an income increase of c. 84% in Q3, compared to the same period last year, but still…
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OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2,…
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Source: iStock/isa_ozdere Japanese financial giant SBI is considering issuing Ripple (XRP) tokens as company-wide shareholder rewards, says the company’s CEO Yoshitaka Kitao. In a recent address to shareholders shared by the company on YouTube, Kitao stated that a previous XRP handout to shareholders of SBI’s Morningstar subsidiary in August this year had proved a success.…
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Tron founder and CEO Justin Sun. U.S.-based crypto exchange Poloniex, recently acquired by Justin Sun, CEO of Tron (TRX), among other investors, announced it will delist DigiByte (DGB) hours after the founder of DigiByte, Jared Tate, criticized both Tron and Poloniex. “BTW, after careful review, we decided #DigiByte is not qualified for our listing standard.…
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Bitcoin price is leading from the front and is showing signs that a bottom has been reached. On Dec. 2, open interest on Bakkt’s Bitcoin futures reached a new all-time high. This came just a few days after the daily Bitcoin futures trading volume had hit a lifetime high. These back to back trading volume…
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The crypto loans industry is a relatively new sector, and yet many platforms have already established themselves. It may seem surprising, but platforms designed for loans and lending through the use of cryptocurrencies are a relatively new development for the crypto industry. Each platform adheres to its own strategy, but the idea shared by all…
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“It’s obvious that nation-states can’t handle all our identities for all our lives.” Upstart crypto company Saga wants to issue a new global currency on the blockchain. Just don’t call it a stablecoin. Saga’s SGA digital currency relies on an international reserve asset called Special Drawing Rights (SDR), which was introduced by the International Monetary…
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DXM, subsidiary of UpBit stakeholder Dunamu, works with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. The partnership and the new custodian Industry news outlet…
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Cointelegraph is delighted to announce the launch of Cointelegraph China, headquartered in Guangzhou. To support our international expansion and global reach, Cointelegraph is delighted to announce the launch of the Chinese-language version of the publication. Today, Dec. 4, we celebrated the opening of the office of Cointelegraph China (Cointelegraph 中文). The news — which marks…
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Decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to $20,000 in DAI. Ethereum (ETH) decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI (worth $20,000). It begins now and continues indefinitely. On Dec. 4, the AirSwap team…
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