The blockchain industry has voted with its feet, and Bitcoin-style mining for cryptocurrency has largely been relegated to the scrap heap of history, at least for new chains. Bitcoin, the first and largest blockchain, uses mining — also known as proof-of-work (PoW) — as its...
A bitcoin mining company in China is looking to raise capital in the neighborhood of $400 million and is aiming to file on the Nasdaq for an IPO, in what would be at least its third attempt to do so. Reuters is reporting that Canaan...
New Jersey’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property...
Swedish cryptocurrency exchange QuickBit revealed to investors that it accidentally leaked 300,000 customer records via an unprotected MongoDB database. “QuickBit has recently adopted a third-party system for supplementary security screening of customers. In connection with the delivery of this system, it has been on a...
October 06, 2022
Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. Former CEO Alex Mashinsky and CSO Daniel Leon took the funds from custody accounts in the form of bitcoin, ether and CEL tokens. Mashinsky reportedly withdrew around $10 million while Leon took out around $7 million, […]
October 29, 2019
A bitcoin mining company in China is looking to raise capital in the neighborhood of $400 million and is aiming to file on the Nasdaq for an IPO, in what...
August 11, 2019
New Jersey’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the...
July 23, 2019
Swedish cryptocurrency exchange QuickBit revealed to investors that it accidentally leaked 300,000 customer records via an unprotected MongoDB database. “QuickBit has recently adopted a third-party system for supplementary security screening...
