Month: October 2019

Sudden Move by Harmony Blockchain: DAO Launched with Social Mining

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Harmony, a blockchain using state sharding to make a scalable decentralized network has announced a sudden partnership with DAO Maker, the powerhouse blockchain incubator which has created the Social Mining protocol.  This move aligns with Harmony’s commitment to achieve a sustainable path to the decentralization of the Harmony’s ecosystem. Harmony, which trades on Binance under … Read more

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

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Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters. Also read: 4 New High-Powered … Read more

More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses

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The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus. The central banks’ easing policy hasn’t been this colossal in nearly two … Read more

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