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Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

Krafton Partners with Solana Labs to Develop blockchain-based Games

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.

Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale

Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale

Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).

Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval

Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval

The proposal to revive the troubled Terra network as Terra 2.0 got the green light from the community. Nevertheless, the controversial algorithmic UST stablecoin will not be part of the rebirth.

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.

Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare

Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare

Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.

Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF

Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF

Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest

Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.

BlockFi to Sell $160 Million in Bitcoin Mining Machine

BlockFi to Sell $160 Million in Bitcoin Mining Machine

BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.

Samsung Investment Exploring Hong Kong Spot-Bitcoin ETF

Samsung Investment Exploring Hong Kong Spot-Bitcoin ETF

Samsung Asset Management is exploring a Hong Kong spot Bitcoin ETF. The Hong Kong Exchanges and Clearing Market, Asia's sole Bitcoin futures exchange, launched the company's Bitcoin futures ETF on Jan. 13.

Ethereum Releases Validator Launchpad for ETH 2.0 Testnet

Ethereum Releases Validator Launchpad for ETH 2.0 Testnet

Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.

Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency

Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency

Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.

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