Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy

Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value in difficult economic times.” Increased Crypto Trading Volumes and New Users Interest … Read more

London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million

London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. Based in London, … Read more

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