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On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five new mining rig batches that … Read more
Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability to tokenize virtually anything via SLPs (Simple Ledger Protocol tokens) … Read more
HSBC to digitize private placements records worth $20 billion using a new blockchain-based custody platform by March 2020 Go to Source Powered by WPeMatico
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About … Read more
SK Securities, a branch of South Korea’s largest telecom SK Group, partners with a blockchain real estate firm Kasa Korea Go to Source Powered by WPeMatico
Institutional-grade investment management firm Arca Funds filed with the SEC to issue digitized securities as ERC-20 tokens on the ethereum blockchain Go to Source Powered by WPeMatico
London-based blockchain startup 2030.io has raised $3.9 million by selling equity tokens on a platform owned by the London Stock Exchange Go to Source Powered by WPeMatico
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter … Read more
Germany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent … Read more
FT releases special report on financial markets, outlining crypto as one of the “biggest changes” globally over the past 10 years Go to Source Powered by WPeMatico
