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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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The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector.Deputy Secretary of the Treasury Justin Muzinich presented his view on the emerging ecosystem of financial intermediation and digital currencies at an annual banking and payments conference
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China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U.S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. Canaan Creative Raises $90 Million at IPO Per the report, Canaan Creative was able to raise $90
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A San Francisco -based startup TRM Labs, which emerged from YCombinator and looks at blockchain analysis as a tool for the ensuring of compliance, has received $4.2 Million in funding from various investors that included PayPal Ventures. The big problem with compliance for cryptocurrencies and blockchain technology is that most banks
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Paidy, a Japanese fintech startup that provides instant credit to consumers, has raised $143 million in funding from investors.Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt
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Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with CryptoX on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange
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Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly
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Bitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas.Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has
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Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines
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Helios Towers Raises about $364 million in its Initial Public Offering which has been low-key due to choppy market conditions.Helios Towers which is one of the key operators of towers for several mobile networks across Africa has successfully raised about 288 million pounds (or $364 million) in an initial public
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