Chinese Bitcoin Miner Canaan Revises Down US IPO Target To $110 MlnRTTNewsChinese Bitcoin Miner Canaan, Inc., which filed for a $400-million initial public offering in the United States, is now looking to raise only up to $110 million in the IPO. In its amendment filed with the U.S. Securities and Exchange Commission, the world's second-largest Bitcoin mining hardware maker revealed plans to sell 10 million American Depositary Shares.
ICE's Bakkt Launches Enterprise-grade Bitcoin Custody For InstitutionsRTTNewsBitcoin futures exchange Bakkt, created by Intercontinental Exchange, introduced Enterprise-grade Bitcoin custody service for institutional customers by Bakkt Warehouse.Bakkt had launched custody and physically delivered daily and monthly bitcoin futures contracts in late September. However, the Bakkt Warehouse have been serving only clients trading the Bakkt Bitcoin Futures contracts until now.
Canadian Blockchain Firm Launches US Dollar-backed StablecoinRTTNewsCanadian blockchain firm Blockchain Venture Capital Inc. (BVCI) officially launched CUSD, a U.S. dollar-backed stablecoin, to be used globally. The move comes just four months after it introduced the Canadian dollar-backed stable coin CADT. CUSD is pegged 1:1 to the U.S. dollar. Both the stablecoins, CADT and CUSD, will enable individuals and businesses primarily in cross border trades.
U.S. Homeland Security To Use Blockchain To Track Oil ImportRTTNewsThe U.S. Department of Homeland Security is set to use blockchain technology to track cross-border oil import. The department's Science and Technology Directorate has awarded a grant of $182,700 to Canadian enterprise blockchain start-up Mavennet Systems, Inc. to develop a solution for this purpose.
Volvo To Use Blockchain To Trace Cobalt Used In Electric Car BatteriesRTTNewsVolvo Cars Group is set to become the first carmaker to use blockchain technology to trace the cobalt used in lithium ion batteries used for its electric cars. The company announced last month the launch of its first fully electric car, the XC40 Recharge. The carmaker is providing traceability of raw materials, such as cobalt, used in the production of the batteries used in its cars.
Binance.US Allows Cryptocurrency Purchase With Debit CardsRTTNewsCryptocurrency trading platform Binance.US, launched in September, is now allowing users to buy cryptocurrencies such as Bitcoin using their debit cards. The platform currently offers to 24 tokens, compared to seven initially. It also offers 40 trading pairs to U.S. users.
Curious to know if Bitcoin is here to stay ?RTTNewsRead the latest developments from the cryptocurrency space, breaking news and analysis on Bitcoin and blockchain on RTTNews. Know more about altcoins, mining, ICOs, warnings and regulation. Find out how to acquire and trade digital currencies.
Chinese Bitcoin Miner Bitmain Files For U.S. IPORTTNewsChinese cryptocurrency mining major Bitmain Technologies Holding Co. unobtrusively filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), according to a Tencent News report. This comes close on the heels of its nearest rival Canaan's recent U.S. IPO filing.
Chinese Bitcoin Miner Canaan Files For $400 Mln U.S. IPORTTNewsChinese Bitcoin Miner Canaan, Inc. has filed for a $400-million initial public offering in the U.S. The company is yet to disclose the number of shares and the price tag of the offering. In its filing with the U.S. Securities and Exchange Commission, the company revealed plans to apply for listing its American depositary shares on the Nasdaq Global Market under the ticker symbol "CAN."
Global Container Terminals Joins Blockchain-Platform TradeLensRTTNewsGlobal Container Terminals Inc. joins the blockchain-enabled shipping platform TradeLens to securely connect with supply chain partners. These include ocean carriers, beneficial cargo owners, and railways. The solution is jointly developed by Danish transport and logistics giant Maersk and IBM by applying blockchain to the world's global supply chain. Blockchain
This website is merely a (crypto) news aggregator. All of the information, data, charts and any other content on this website (”Content”) is the sole responsibility of the party from whom the Content originated. The views expressed in the Content is not our view or opinion, but that of the original source of the Content. This website does not offer any investment advice, financial advice and/or trading advice and you should not treat anything stated on this website as such. Please do your own research and due diligence on the matters stated on this website and consult your financial advisor for any investment activities.