Tuesday, May 14, 2024
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Japanese Financial Giant SBI Holdings Considers Paying Dividends in XRP

Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar.After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to

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Crypto Mining Giant Canaan Raises $90M in IPO, Trading at Bottom Price Range

Canaan Creative, computer hardware manufacturer specialized in crypto mining hardware, priced its Nasdaq initial public offering (IPO) at the lowest of its marketed range, and was able to raise $90 million.On Wednesday, the developer of Bitcoin(BTC)trade mining machines based in Hangzhou, China, crossed the 10 million mark in sales of

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Carmaker Giant Volvo to Integrate Blockchain to Trace Cobalt in Electric Cars

Volvo Cars is the first car manufacturer company that will implement blockchain technology to trace cobalt in its batteries for ethical purposes.Volvo made the announcement during the launch of XC40, its first ever fully electric car. Why would a user of an electric car need to trace cobalt? The key

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Bitcoin Mining Giant Bitmain Files for U.S. IPO, Chases Canaan Creative

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority. Fascinatingly,

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Upheaval at Bitcoin Mining Giant Bitman sees Jihan Wu Return to the Helm

Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan. The news of the organizational restructuring at Bitmain comes as mining rival Canaan is moving forward with its U.S. IPO. Micree Zhan

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Chinese Crypto Mining Giant Bitmain Discards Co-Founder and Executive Director Micree Zhan

The Beijing-based cryptocurrency mining manufacturing company, Bitmain, has undergone corporate reshuffling as the co-founder and executive director Micree Ketuan Zhan has been removed. The information was released by an internal email sent to the staff and reported on the Chinese media.Chinese news outlets report that another co-founder of the company,

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