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World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.

Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale parent company DCG has announced its entry into Bitcoin mining.

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.

Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto

Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto

Insurance in the agricultural sector is becoming digitized through blockchain based solutions in Sri Lanka as Oxfam pays farmers in cryptocurrencies

Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group

Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group

Ping An Insurance and the Shenzhen Taxation Bureau in China signed an agreement to start using blockchain, artificial intelligence (AI), big data, cloud computing, and other technologies to develop a management platform for taxation for all types of taxpayers in the Greater Bay Area.

Tyler Winklevoss Predicts $500K BTC price as MassMutual Insurance Giant Buys up $100 million in Bitcoin

Tyler Winklevoss Predicts $500K BTC price as MassMutual Insurance Giant Buys up $100 million in Bitcoin

MassMutual Insurance buys up $100 million in BTC for its portfolio, and Bitcoin billionaire Tyler Winklevoss appears to be gaining confidence in his $500,000 per BTC prediction.

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.

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