Cryptocurrency Analysis and News Portal
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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The Q2 sales data has made Huawei the leading phone maker in the world as international sales are affected by the coronavirus pandemic.It’s a widely known fact that the coronavirus pandemic has resulted in a drop in international trade. As a result, the Chinese phone maker Huawei Technologies Co. Ltd
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In a recent blog post, the world’s largest cryptocurrency exchange by trading volume Binance revealed that it was
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Decentralized Finance (DeFi) tokens continue to make drastic moves on the price charts, compensating for Bitcoin’s low volatility which has recently hit a three year high. Earlier today, Aave (LEND) and Synthetix Network (SNX) token briefly surpassed MakerDAO’s (MKR) token as each rallied to $0.375 and $4.09 respectively. The ‘flippening’ was
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Directors of Canaan Creative, a publicly listed bitcoin miner manufacturer, were suddenly dropped from the company’s business registry, prompting speculation of a power grab. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX
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Ocean Protocol, a blockchain-based data-sharing platform, has completed a proof-of-concept (PoC) with Daimler, showing how the Mercedes-Benz maker can begin monetizing data streams within the company and across its supply chains. Announced Tuesday, the Singapore-based Ocean collaborated with Daimler AG to explore the decentralized sharing of internal sales and financial data
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Brooklyn-based blockchain firm Kadena hopes its new app can verify that COVID-19 tests are the real deal by letting users track test kits. Announced Thursday, Kadena said the open-source application would be available to use on its testnet immediately, and would provide a secure way for medical professionals and patients to
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The China-based Ebang International has submitted a revised prospectus for a U.S. IPO as it plans to raise over $100 million by listing its shares on the Nasdaq Global Market under the EBON ticker.After the latest Bitcoin halving in May 2020, the BTC mining rewards have already reduced to half
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Chinese bitcoin miner manufacturer Ebang estimates it incurred a net loss of $2.5 million on a revenue of $6.4 million for Q1 2020. The financial disclosure was posted Wednesday in an update to the firm’s initial public offering (IPO) prospectus filed with the Securities and Exchange Commission (SEC). The filing means
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Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of
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