Bitcoin Mining Giant Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley

Bitcoin Mining Giant Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley

Advertisement Bitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. The Silicon Valley Business Journal reports that the China-based cryptocurrency mining hardware manufacturer has just moved into 20,000 square feet of office space in downtown San Jose, CA,…

Crypto Markets Consolidate Gains – Bitcoin Price at $6700

Crypto Markets Consolidate Gains – Bitcoin Price at $6700

Advertisement The cryptocurrency markets continued to post a positive performance on Tuesday, with almost all Top Ten coins posting considerable increases. As at press time on Tuesday late morning Bitcoin was trading at well above the $6,700 level on Binance with turnover increasing quite considerably over the past hours. It seems that the news announcements…

World’s First Bank-Owned Crypto Exchange Launches Publicly in Japan

World’s First Bank-Owned Crypto Exchange Launches Publicly in Japan

Advertisement Nearly two years after its initial announcement and months of delays this year, the world’s first bank-owned cryptocurrency exchange finally sees its public launch in Japan. With an announcement on Tuesday, Japanese financial giant SBI Holdings has formally launched its cryptocurrency exchange platform, dubbed ‘VCTRADE’. As reported by CCN in early June, SBI first…

UK’s Crypto-Accepting Mosque Raises more Cryptocurrency Donations than Cash

UK’s Crypto-Accepting Mosque Raises more Cryptocurrency Donations than Cash

Advertisement Barely two months after announcing that it would start accepting donations in cryptocurrency, East London’s Shacklewell Lane Mosque has received more contributions in cryptocurrency compared to cash. According to iNews, the Dalston, East London-based mosque collected donations amounting to approximately £13,983 in cryptocurrency. This was four times more than the value of contributions that…

Stasis Onboards First Institutional Client for EURS Stablecoin

Stasis Onboards First Institutional Client for EURS Stablecoin

Advertisement Stasis, the crypto ecosystem which recently launched the stablecoin EURS that is paired exactly against the Euro recently announced that it had onboarded its first institutional client. The announcement was made through a tweet by Stasis CEO Gregory Klumov. Speaking exclusively to CCN, Klumov explained that the client operates in the field of money…

Messaging Giant LINE’s Cryptocurrency Exchange Begins Global Operations

Messaging Giant LINE’s Cryptocurrency Exchange Begins Global Operations

Advertisement Japanese mobile giant LINE has officially launched operations of its Singapore-based cryptocurrency exchange BITBOX with support for 30 cryptocurrencies including bitcoin. With an announcement on Tuesday, LINE confirmed the exchange will only support crypto-exclusive trading pairs with no trading offered between fiat currency and cryptocurrencies. Around 30 coins are being traded presently at launch…

Fmr. Macau Gangster Raises $750 Million in 5-Minute ICO

Fmr. Macau Gangster Raises $750 Million in 5-Minute ICO

An initial coin offering (ICO) operated by a little-known company in China and backed by a former Macau gangster raised $750 million in less than five minutes. The South China Morning Post reports that World Hung Mun Investment — led by former 14K Triad gangster “Broken Tooth” Wan Kuok-koi — sold 450 million “HB” tokens…

BitPay Becomes NY’s First Standalone Crypto Payment Processor

BitPay Becomes NY’s First Standalone Crypto Payment Processor

Cryptocurrency payment processor BitPay has become the eighth firm to receive a “BitLicense” from the New York Department of Financial Services (NYDFS), which oversees what is arguably the most-restrictive state-level framework for the U.S. cryptocurrency industry. The NYDFS announced on Monday that it had approved the Atlanta-based BitPay’s application, following a “comprehensive review” of the…

Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin (BTC) reclaiming the $6,600 price point. Today’s notable market growth is likely bolstered by news that the $6.3 trillion asset management heavyweight BlackRock –– the world’s largest provider of exchange traded-funds (ETF) –– is beginning to assess potential involvement…

Much Wow, Very Trade: Dogecoin is Now Listed on Robinhood Crypto

Much Wow, Very Trade: Dogecoin is Now Listed on Robinhood Crypto

Advertisement Stock trading app Robinhood has listed dogecoin on its commission-free cryptocurrency trading platform, the company announced on Monday. The parody cryptocurrency, created in 2013, currently ranks as the 44th-largest cryptocurrency, with a circulating market cap of $288 million. At its peak in early January, dogecoin’s market cap swelled as high as $2.1 billion, much…