Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY

Canaan, the second biggest Bitcoin mining hardware maker, is reportedly considering an IPO in the New York after shelving its Hong Kong IPO plans in late 2018.  Canaan Eyes US IPO Citing sources familiar to the matter, Bloomberg reported that the second largest Chinese manufacturer of Bitcoin mining hardware, Canaan, is looking into the possibility of an IPO in New York. However, the sources which have asked not to be named, also revealed that “deliberations are at an early stage, and there’s no certainty they will lead to a transaction.” The company’s…

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Indian Police Make Fourth Arrest in $70 Million Crypto Scam

Delhi cyber crime police have made further developments in the unfolding cryptocurrenvy scam run by an organization going by the name ‘Flintstone Group’. The group launched a fraudulent cryptocurrency called Money Trade Coin (MTC), hoodwinking 25,000 investors with promises of massive returns which, of course, never materialized. After making three arrests last year including Flintstone The post Indian Police Make Fourth Arrest in $70 Million Crypto Scam appeared first on CCN

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