The terms for the Canaan U.S. IPO has been released. Plans to raise $100 million by offering 10 million shares at a price range of $9 to $11.
- November 14, 2019
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The People Bank of China (PBoC) has released a statement on Nov.13 that reports of PBoC have issued the digital currency is false. Adds it has not authorized any asset trading platform or institution to distribute the legal-digital currency. The official also asked the general public to not trust any...
- November 13, 2019
Leading Cryptocurrency data provider, CoinMarketCap has launched a new metric – Liquidity to rank exchanges. Announcing the development on Nov. 12, CoinMarketCap sees its new metric ‘Liquidity’ to replace dependence on exchange reported volumes, which is often inflated from wash trading practices. “We believe our adaptive methodology will make our...
- November 12, 2019
Bitcoin mining manufacturer Canaan will ring the bell at Nasdaq on Nov 20. Canaan Inc filed for a U.S. Initial Public Offering (IPO) on Oct. As per the filing, the company plans to target a $400 million capital raise. Canaan shares are expected to be listed under the symbol “CAN”...
- November 11, 2019
Bakkt launches its enterprise-grade custody service. Announcing the development in a blog post, the firm said that now clients can use the Bakkt warehouse to safeguard their Bitcoin assets. Previously, the Bakkt provided custody only to clients trading the Bakkt Bitcoin Futures contracts. Among the first to choose the Bakkt...
- November 11, 2019
MoneyGram, one of the world’s largest money transfer companies currently processes 10% of its U.S-Mexico transaction volume through Ripple’s On-Demand Liquidity (ODL) platform. Ripple’s On-Demand Liquidity (ODL) platform leverages on XRP cryptocurrency as a bridge for cross border payments. MoneyGram Chairman and CEO Alex Holmes announced the news at Ripple’s annual...
- November 9, 2019
More details about China’s digital currency have been revealed. As per the official, holders of the currency would not receive interest payments.
- November 6, 2019
Stablecoin including Facebook-initiated Libra could come under securities market regulation principles and standards. The conclusion of applying securities rule to stablecoin was decided in a meeting on 30th October in Madrid by the Board of the International Organization of Securities Commissions (IOSCO).
- November 5, 2019
The U.S. federal reserve is researching on blockchain and digital currencies to innovate the retail payments. According to the job posting published on Nov 4 by Fed careers, the U.S. federal reserve is looking for a person to manage its retail payment section as well as research on digital innovation...
- November 5, 2019
China publishes a blockchain-based system for identification. The system will integrate with the existing infrastructure of smart cities, facilitating data sharing to make life easier for residents and improve local administration. The blockchain-based identification system was jointly developed by three institutes in Shijiazhuang. Cities nationwide now can apply for their...
- November 4, 2019
