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Canaan Creative, Maker of Avalon Mining Equipment, Aims To Raise $1 Billion In Hong Kong IPO

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The world’s largest cryptocurrency mining equipment manufacturer, Chinese behemoth Bitmain, has a competitor hot on its heels seeking to increase its market share and take some of its business away. Plans are in the works to significantly increase manufacturing capacity at Canaan Creative, maker of the popular Avalon mining equipment. The company is seeking $1 […]

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High Profile Regulators Hint At Coming Crackdown On ICOs

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Former CFTC chairman, Gary Gensler, made a recent speech at theĀ MIT Technology Review Business of BlockchainĀ in which he stated in no uncertain terms that many – if not most – crypto currency exchanges are operating outside of U.S. regulations, and that they WILL be brought into compliance: The first event is the speech made by […]