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The China-based mining manufacturer Bitmain Technologies has filed its initial public offering (IPO) prospectus in order to gain approval to be listed on the Hong Kong Stock Exchange. Also Read: Japanese Regulators Urgently Respond to Zaif’s Hack Bitmain Officially Files for IPO Status in Hong Kong The large mining firm Bitmain has officially initiated its attempt […]
The post Bitmain Bids for Public Listing on the Hong Kong Stock Exchange appeared first on Bitcoin News.
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In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students […]
The post Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus appeared first on Bitcoin News.
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Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. Also Read: Coinmarketcap […]
The post $37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2 appeared first on Bitcoin News.
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The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. Seventeen firms have already paid in full; 19 more are in the pipeline. Ceza expects to earn about $68 million from crypto licensing. Also read: Yahoo! […]
The post Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full appeared first on Bitcoin News.
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Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to […]
The post Crypto Exchange Binance Expects up to $1 Billion Profit in 2018 appeared first on Bitcoin News.
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With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]
The post Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand appeared first on Bitcoin News.
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Cryptojacking is a very popular and worrisome trend. For all of the negative attention in-browser cryptocurrency mining gets, there are still plenty of legitimate use cases for it as well. It is important not to lose sight of how in-browser crypto mining can revolutionize the advertising industry as a whole. In-browser Crypto Mining can be Successful Over the past few months, there has been nothing but negative attention directed at projects looking to mine cryptocurrencies through one’s browser. A lot of websites have begun mining cryptocurrencies through other people’s browsers, usually without asking for permission or giving users the option to opt out. However,Powered by WPeMatico
The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also Read: Bitcoin Adoption Grows in Ugandan […]
The post IRS Reminds Taxpayers to Report Virtual Currency Earnings appeared first on Bitcoin News.
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Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies Australians Can Now Buy Cryptocurrencies With 1,200 News […]
The post 1200 Australian New Agencies Are Selling Fractions of Crypto appeared first on Bitcoin News.
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Coinseed Announces Its Pre-Sale ICO
As we launched our iOS and Android app on November 21, 2017, we had a tremendous growth without any paid marketing. We already hit our banking deposit limit only within the first 2 weeks of our launch. To manage this massive growth, we reduced our daily deposit limit for our users several times. Thus, in order to scale our platform in the US and globally, we are launching an ICO pre-sale.
The post PR: Investing Platform Coinseed Announces ICO Pre-Sale for Spare Change Investment in Cryptos appeared first on Bitcoin News.
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