• newspapers
    Bitcoin,  Cryptocurrencies,  Ethereum,  Media,  Ripple,  Tether,  United States

    Must-reads for September 26, 2018: Bitmain’s IPO filings, Dimon does blockchain, and other fun reads

    Here are the crypto stories you should be watching today

    The World’s Biggest Crypto Company Just Opened the Books for Its IPO (Bloomberg) If the word “Bitmain” isn’t aready synonymous in your head with “Bitcoin,” it’s time that it is. The China-based company makes the bulk of the ASIC mining machines that mine Bitcoin and other cryptocurrencies. And mining groups controlled by Bitmain oftentimes control more than half of all of Bitcoin’s network hashrate. It turns out mining all that crypto is equivalent to mining fiat. Bitmain, which on Wednesday filed to go public in Hong Kong, had a $742.7 million profit on $2.8 billion in revenue in the first half of 2018. Its return on equity is close to…

  • coffee shop
    Africa,  Alt coins,  Bitcoin,  Ethereum,  Media,  Tether,  United States

    Must-reads for August 28, 2018

    Here are the crypto stories you should be watching today

    Tether (USDT) New Intervention Lifts Bitcoin (BTC) to $6,800 (Cryptovest) In answer to the question, “Why is bitcoin trading above $7,000”, note that $50 million in tethers were sent to Bitfinex just a few hours before the rally, though $30 million went back shortly thereafter.   Bill Cosby Using Bitcoin To Keep Creditors, Government & His Wife From $500M Fortune (Radar) This is a kind of weird story that seems to rely on “sources.” Nonetheless, if true, it means the 81 year-old star of “Leonard Part 6,” who made millions of dollars selling sugary snacks like Jell-O and Coca-Cola to children, is hiding his money. Hey, Bill, your money can’t…