Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment for fintech firms.
A co-founder of U.S. bitcoin miner Layer1 has filed suit against the firm amid a dispute about the purchase of a power plant in West Texas.
The post Layer1 co-founder sues U.S. bitcoin mine operator over $20M power plant purchase dispute appeared first on The Block.
The cryptocurrency industry did not get heavily engaged in this year’s election, either via donations or lobbying.
Dorsey’s leadership position had been under scrutiny after activist investor Elliott Management took a major stake in Twitter in February
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit.
The bitcoin options market looks to be predicting a pick up-in price volatility following the U.S. presidential election.
Blockchain payments startup Ripple has joined an alliance comprising of almost 1,000 major U.S. companies and CEOs calling for calm and fairness in Tuesday’s presidential election.
Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012.
Hong Kong’s government is set to change the rules for cryptocurrency trading firms operating within the city jurisdiction.
Bitcoin’s mining difficulty has just posted the largest percentage drop since 2011, which is also the second-largest in history.
The post Bitcoin mining difficulty posts biggest drop since ASIC era appeared first on The Block.
