Crypto Exchange

Canaan’s net revenues reached $167.5 million in Q2 of 2021.

Crypto mining hardware manufacturer and computing solutions provider Canaan recently released its unaudited financial results for the second quarter ended 30 June 2021. The company's net revenues reached $167.5 million in the latest quarter, the highest in the company's operating history....

Africa sees a significant rise in crypto adoption.

Global cryptocurrency adoption is on the rise. Emerging economies across Asia have seen a significant jump in the overall users of digital currencies over the last few months. But, the content of Africa is becoming an exciting and dynamic...

A new regulatory overhaul could put at least 40 crypto exchanges out of business in South Korea.

A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). The...

Hong Kong’s securities regulator wants more strict regulations for the crypto sector.

Hong Kong’s securities regulator wants more stringent regulations for the digital currency trading sector. The city has been weighing a raft of regulations that seek to limit exposure to retail clients, but the deputy head of the securities regulator...

Mastercard announces acquisition of the crypto intelligence firm CipherTrace.

Mastercard, the US-based financial services firm, recently announced that the company is planning to acquire CipherTrace, one of the leading crypto intelligence companies, to enhance its capabilities in the field of digital assets. The terms of the deal were...

SEC charges Rivetz over an alleged illegal securities offering in which it raised over $18 million.

The United States Securities and Exchange Commission (SEC) has charged Rivetz over an alleged illegal securities offering that brought in $18 million. Rivetz was founded in 2013, and the now-defunct blockchain hardware firm has been accused of generating $18 million via...

Eco-friendly Canadian bitcoin mining company goes public.

A Canada-based bitcoin mining company went public this week on the TSX Venture Exchange in Toronto. Its entrance into the trading arena is under the stock symbol “SATO” in homage to bitcoin founder Satoshi Nakamoto. Canada Computational Unlimited (CCU.ai)...

PBoC has completed its crackdown on cryptocurrencies.

China's central bank has completed its crackdown on digital currencies, according to its latest report. The People's Bank of China (PBoC) said it now regulates the sector 'routinely.' In its 2021 Financial Stability Report, the PBoC said it has been...

Ukraine becomes the latest country to legalize and regulate cryptocurrency.

Ukraine has become the fifth country in as many weeks to lay down some ground rules for the cryptocurrency market, a sign that governments around the world are realizing that bitcoin is here to stay. In a nearly unanimous...

Crypto exchange FTX hires NBA superstar Stephen Curry as its global ambassador.

FTX, one of the largest cryptocurrency exchanges in the world, announced yesterday that it has formed a long-term partnership with Stephen Curry, a famous American professional basketball player. According to the latest collaboration, Curry is now a global brand ambassador...

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Canaan’s net revenues reached $167.5 million in Q2 of 2021.

Crypto mining hardware manufacturer and computing solutions provider Canaan recently released its unaudited financial results for the second quarter ended 30...