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Showing posts with the label IPO

Bitmain IPO canceled

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On Tuesday, March 26, 2019, Bitmain IPO application on the Hong Kong Stock Exchange expired. The Chinese bitcoin mining giant filed an application on September 26, 2018, and the Hong Kong Stock Exchange had six months to review. The inaction of the exchange means that the order has been cancelled. In its blog, Bitmain writes: We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future. Further, Bitmain says that the IPO preparation process ... Read more about " Bitmain IPO canceled " on coinatory.com

Why did Bitcoin Cash rise in price?

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For a day the price of this cryptocurrency increased by 18.7%. Experts have at least two reasons why this happened. Now the price of bitcoin cash is about $528.6. This is evidenced by the data of the sites, where the exchange rates are updated in real time. At the same time, the price of bitcoin for the day almost did not change - it fell by 0.18%, reaching $6400, and the ether - by 0.08%, reaching almost $215. Market analysts explain the growth of bitcoin cash for two reasons. The first is the news that this altcoin was added by the ... Read more about " Why did Bitcoin Cash rise in price? " on coinatory.com

Conflict among Bitcoin Cash developers can split the cryptocurrency

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Bitcoin Cash was created just a little over a year ago as a result of a hard fork amid a heated debate over the scaling of the original bitcoin. Gradually among fork developers began to grow disagreement over the further development of Bitcoin Cash. The recently released Bitcoin ABC client release was perceived by some representatives of the crypto community as the beginning of a real war in the development environment. However, some representatives of the Bitcoin Cash community categorically do not support these changes. Another ... Read more about " Conflict among Bitcoin Cash developers can split the cryptocurrency " on coinatory.com

Tencent denies participation in Bitmain pre-IPO

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Chinese technical conglomerate Tencent denies its involvement in investing in the preliminary stage of the IPO of Bitmain Technologies, the world"s largest manufacturer of cryptocurrency mining equipment. What happened? August 10, both the cryptocurrency and mainstream media reported that Tencent and the Japanese conglomerate Softbank Group closed the round of Bitmain financing by $ 1 billion, in the run-up to the company"s IPO by $ 15 billion. This will be one of the largest IPOs in history, and therefore not surprisingly, that Bitmain is ... Read more about " Tencent denies participation in Bitmain pre-IPO " on coinatory.com