AntPool, one of the world’s largest bitcoin mining pools, has been an official sponsor of the NBA Houston Rockets for the upcoming 2018-2019 season which kicks off in October, according to sources at Bitmain. Antpool employees and members of the Houston Rockets The sponsorship is...
As blockchain becomes a buzz of today, some choose to invest directly cryptocurrencies underpinned by this innovative technology, or start up blockchain firms, and some of the largest companies are also dabbing in the tech. Big names like Baidu (China’s Google), Alibaba (e-commerce conglomera...
According to major specialist professional recruitment consultancy Robert Walters, blockchain and cryptocurrency related jobs in Asia have surged by 50 percent over the past several months, despite the 80 percent correction in the crypto market. Robert Walters revealed that the demand for P...
In a quite unusual twist, Japanese electronic e-commerce and Internet company, Rakuten, has announced it has decided to acquire everybody’s bitcoin Inc., a cryptocurrency exchange service which started in March 2017. While it is not entirely new for businesses to embrace cryptocurrency, basi...
Bitcoin is between bulls and bears in recurrent situations, and the market sentiments are alike back and forth along with it. In such contexts, Chaopeng Zhao, Binance CEO, tweeted that the key to success in bitcoin investment lies in accumulation. “Accumulation is key! I heard for ma...
Chaoyang District of Beijing has released an official notice to ban office buildings, hotels and all other possible venues in the district from hosting activities related to cryptocurrencies, according to the official notice released August 22 by the local financial regulator. As per the noti...
Last week, the government of South Korea has released the draft of its tax reduction bill for startups. But, it excluded crypto businesses and alcohol distributors, claiming that digital asset trading is gambling. The Korea Blockchain Association along with other cryptocurrency organizati...
Oki Matsumoto, former Goldman Sachs executive and the CEO of Monex, who acquired major Japanese crypto exchange Japan for just over $34 million, has said in a recent interview that crypto is the future of finance. In April, Matsumoto and his team at Monex purchased Coincheck, after...
The valuation of the crypto market has dropped to around US$200 billion from an all-time high of over $800 billion this January, shrinking 75%. A plurality of panic-striken projects based on Ethereum are massively cashing out their ETH, which led to the dramatic price drop in ETH with...
China, a good fit for cryptocurrency mining with cheap electricity and land available in remote areas, is now doing its best to drive cryptocurrency out of its territory after escalated government crackdown on cryptos and mining since last September. It is no longer the best place to mine. As...
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