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Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

by abhinav agarwal | Jun 1, 2020 | IPOs, Miners, News, Shanghai Stock Exchange, SMIC

Chinese Chip Maker With a Hand in Crypto Mining Plans .8B IPO Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative...
JPMorgan Chase Settles $2.5M Case for Overcharging Crypto Clients

JPMorgan Chase Settles $2.5M Case for Overcharging Crypto Clients

by steve kaaru | Jun 1, 2020 | BTC/USD, Companies News, Featured, Industry, JP Morgan, News, Regulation News

JPMorgan Chase Settles .5M Case for Overcharging Crypto Clients JPMorgan Chase Bank N.A has agreed to pay $2.5 million to settle a class-action lawsuit against it after the bank was accused of overcharging its clients for making cryptocurrency transactions. The case...
Facebook’s Libra Will Play a Huge Role in the Future of Money, Top VC Believes

Facebook’s Libra Will Play a Huge Role in the Future of Money, Top VC Believes

by steve kaaru | Jun 1, 2020 | Altcoin News, Companies News, Facebook, Featured, Industry, Libra News, News

Facebook’s Libra Will Play a Huge Role in the Future of Money, Top VC Believes Money will be digital in ten years’ time, much like books and music now are, believes Katie Haun. The general partner at venture capital firm Andreessen Horowitz also believes that Libra...

Private Swiss Bank Rolls Out New Premium Crypto Trading Service

by abhinav agarwal | Jun 1, 2020 | Maerki Baumann, News, Prime Brokerage, Swiss Bank

Private Swiss Bank Rolls Out New Premium Crypto Trading Service Private Swiss bank Maerki Baumann is offering a new trading and custody service for a handful of cryptos. Original Source: Coindesk Private Swiss Bank Rolls Out New Premium Crypto Trading...

Blockchain Bites: Chase Class Action, 30 Words for Censorship and a Bitcoin Bug

by abhinav agarwal | Jun 1, 2020 | Blockchain Bites, News, News Roundup, Newsletters

Blockchain Bites: Chase Class Action, 30 Words for Censorship and a Bitcoin Bug Chase Bank settled a class action brought by crypto purchasers while a new report shows a flaw in time-locked bitcoin transactions. Original Source: Coindesk Blockchain Bites: Chase Class...

Alibaba Claims Patented Cross-Chain System Is Better Than Cosmos

by abhinav agarwal | Jun 1, 2020 | Alibaba, Business, Cosmos, Interoperability, News, Patents, Tech

Alibaba Claims Patented Cross-Chain System Is Better Than Cosmos The e-commerce firm says its new patent would improve upon current systems used by blockchains to communicate with one another. Original Source: Coindesk Alibaba Claims Patented Cross-Chain System Is...
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