Report: Bitcoin Mining Equipment Manufacturer Canaan is Considering U.S. IPO

China’s number-two Bitcoin mining equipment manufacturer, Canaan, is reportedly considering an initial public offering (IPO) in the United States. The new development comes after the company shelved plans to go public in Hong Kong just a few months ago. Although an IPO would be a great way for Bitcoin mining companies to raise funding, the persisting cryptocurrency bear market is hampering their ability to go public, as many exchanges are hesitant to list companies that are strongly related to what is widely viewed as a nascent and speculative market. Bitcoin…

Read More

Dow Jumps 300 Points as Trump Pokes at Fed, Says China Talks ‘Going Well’

US President Donald Trump has tweeted a brief, positive, update on the trade talks with China but was still poking at the Federal Reserve this morning. This despite the interest rate hike pressure appearing to be off for the stock markets. Dow, Markets Point North on Tuesday The stock markets appear to be recovering from The post Dow Jumps 300 Points as Trump Pokes at Fed, Says China Talks ‘Going Well’ appeared first on CCN

Read More

Samourai BTC Wallet Removes Privacy Features at Google’s Behest for Transparency Policy

Bitcoin (BTC) wallet provider Samourai Wallet said it was disabling several privacy-related features in its products due to notices from Google to block the wallet, according to a Jan. 7. blog post. Samourai, which has aimed to provide a Bitcoin-centric experience through adding enhanced anonymity options and removing references to fiat currency, confirmed it was removing three functions from its wallet in time for its latest update released Tuesday. “Again, we are sorry for this inconvenience, but our hands have been tied by Google,” the blog post reads, adding: “We…

Read More