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Coin News

Coin News

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Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing

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Mining hardware giant Bitmain lost about $500 million in the third quarter of 2018 amid an overall bearish market for cryptocurrency, CoinDesk has learned. The Beijing-based company recently provided an...
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Privacy Crypto Beam Gets Funding from ‘Japanese LinkedIn’ Recruit

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Privacy-oriented cryptocurrency startup Beam has secured an undisclosed amount of funding from “Japan’s equivalent to LinkedIn” Recruit Co., Ltd. Recruit announced the news Monday, stating that the investment is through...
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Blockstream Releases Test Code for Proposed Bitcoin Tech Upgrade Schnorr

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Schnorr signatures, a code change likely to be one of the biggest coming upgrades to bitcoin , have now gone from a theoretical idea to real code courtesy of technology...
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Bullish Sentiment for Bitcoin As Long Bets Near 11-Month Highs

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Bullish bets on bitcoin, the world’s largest cryptocurrency by value, reached 11-month highs on Monday, according to the data from the cryptocurrency exchange Bitfinex. The number of long positions on...
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You Can Now Send Bitcoin Tips Over Lightning on Twitter

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When “liking” your favorite tweet isn’t enough, you can now send small bitcoin transactions. Announced Saturday, the beta app Tippin has released a new Chrome Extension  available to Google browser...
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Will Crypto Torch Jamie Dimon?

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in  CoinDesk Weekly...
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Bitmain Announces New, More Efficient 7nm Bitcoin Mining Chip

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Bitmain Technologies has announced a new 7-nanometer bitcoin mining processor that it says offers new levels of energy efficiency. The new ASIC (application-specific integrated circuit), called the BM1397, is said...
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Indonesia Passes Rules for Trading of Cryptocurrency Futures

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An Indonesian financial watchdog has set out new regulations for the trading of crypto assets on futures exchanges in the country. The Commodity Futures Trading Regulatory Agency (Bappebti), an agency...
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Bitcoin Price Passes $3,700 to Hit One-Month High

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View Bitcoin jumped to one-month highs earlier today, validating the falling wedge breakout seen in the 4-hour chart on Friday.The outlook as per the daily chart remains neutral, as the...
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Craig Wright Claims to Be Satoshi in Critical Response to CFTC on Ethereum

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NChain chief scientist Craig Wright has criticized ethereum to a top U.S. regulator, while again claiming to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto. In a response to the U.S. Commodity...
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Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto

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Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma , Monoplasma is different in that it focuses...
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Brock Pierce, Mark Karpeles and the War of Words Over Mt Gox’s Future

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Brock Pierce wants Mt. Gox creditors to receive 100 percent of whatever they’re owed – or so he says, anyway. Weeks after announcing Gox Rising  – his ambitious effort to...
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Ethereum Core Developer Quits Social Media Over ‘Conflict of Interest’ Attacks

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Ethereum core developer Afri Schoedon is taking a step back from social media due to an onslaught of online criticism. Tweeting Sunday that he will “no longer respond on Gitter,...
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Crypto Securities Are Years Away from Mainstream, Technologists Say

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Despite a growing mainstream interest in the use of crypto assets and blockchains as a way to replicate and represent securities, some of the use case’s earliest innovators say sky-high...
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ConsenSys-Backed Rhombus Reveals New Products for Ethereum Developers

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Rhombus has released new products designed to help further connect decentralized, ethereum-based blockchain applications to real-world data, the startup announced this weekend. Revealed at the ongoing ethereum conference ETHDenver, the blockchain-based “oracle”...
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Rethink, Renew: ShapeShift CEO Erik Voorhees to Rebrand Crypto Exchange

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Cryptocurrency exchange startup ShapeShift is planning a major rebrand this year. Announced at ETHDenver, an ethereum developer conference being held in Colorado this weekend, ShapeShift CEO Erik Voorhees said that starting...
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Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms

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Calling precise market tops and bottoms is next to impossible in the volatile cryptocurrency markets. That said, some traders believe identifying speculative bubbles and moments of bearish exhaustion can be made...
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Bitcoin Is… Bitcoin Just Is What?

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Bitcoin Is... Bitcoin Just Is... | CoinDesk - YouTube Watch Queue Queue __count__/__total__ Loading... Transcript The interactive transcript could not be loaded. Loading... Rating is available when the video has...
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Maker’s MKR Crypto Outperforms in February with 37% Gains

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The ethereum-based token maker (MKR) is outperforming the broader markets with a 37 percent gain so far in February. Ranked 16th by market capitalization on CoinMarketCap , 1 MKR was...
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Metrics May Point to Ether Being Undervalued

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Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———— In 2018, the ethereum network has been hobbled by delayed protocol upgrades,...
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