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Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share. Source
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Japanese Gaming Giant Capcom, creator of popular games like Resident Evil and Street Fighter, fell victim to a ransomware in early November, with attackers allegedly demanding $11 million in bitcoin in exchange for not leaking illegally obtained confidential information to the public, CryptoX Japan reported Tuesday. In a Nov. 4 press
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United States-based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection on Saturday, leaving many customers searching for solutions to get their funds. According to court documents, the legal team for Cred CEO Daniel Schatt filed bankruptcy papers for the company in the District of Delaware on Nov. 7. Cred listed
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If you’re an Ethereum project looking to get audits done before the close of 2020, it’s probably too late in the game.Audit firms CryptoX spoke with said they are swamped with decentralized finance (DeFi) projects. The months-long backlog comes amid a sharp pullback across the $11 billion DeFi market, with
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The largest U.S. regulated market for bitcoin futures has been sounding out cryptocurrency traders to gauge their interest in a listing of futures and options on the Ethereum blockchain’s native tokens. Source
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A wave of scandals has hit Nikola this month.GM is the latest Nikola partner to delay closing a deal.Nikola shares are down over 80% from their June record high.In the good old days when the most controversial thing about Nikola was the lack of revenues, the energy vehicle startup touted
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The Singapore-based firm minted 2,316 WBTC Thursday afternoon. Source
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Binance Coin (BNB), the native token of Binance Chain and Binance Smart Chain (BSC), surged by 55% in
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Government officials in Argentina are refusing to negotiate with a ransomware group that forced them to briefly close all immigration checkpoints on Aug. 27.According to a Sept. 6 report on Bleeping Computer, a group of Netwalker ransomware hackers breached Argentina's immigration agency, Dirección Nacional de Migraciones, on Aug. 27 and
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At the moment, Peloton has not made an official announcement regarding the launch. However, one of the sources added that the company may announce the launch before the 10th of September.Peloton Interactive Inc (NASDAQ: PTON) plans to launch a new high-end bike and a cheaper treadmill. The new treadmill according
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