Bitmain Receives $ 17 Million Contract From US Mining Company
This is the second major US contract for Bitmain in the last month.
Mining company Riot Blockchain announced the purchase of 8 thousand Antminers S19 Pro miners from the Chinese giant Bitmain. In a press release, the North American company said that thanks to a large order, it was able to purchase ASIC devices at a substantial discount. The deal cost Riot Blockchain $ 17.7 million.
Bitmain contract for $ 17 million
Waves provides Russia with its first registered bank loan secured by cryptocurrencies
Russian banks are not waiting for full regulatory clarity for issuing crypto loans.
According to a report from the local news agency Kommersant on August 19, Expobank provided the loan by issuing an individual bank loan for Waves tokens.
Bitcoin went below 12 thousand dollars – what next?
Cryptocurrency Seeks Long-Term Growth
Fundamentally, Bitcoin looks very strong. At the beginning of the week, the total capacity of mining machines, whose activities are aimed at the production of this cryptocurrency, reached 129 terrahashes per second, thereby updating the record at the end of July this year.
The famous inventor of one of the most popular methods of technical analysis of classical financial assets, John Bollinger, actively applies his method to analyzing the situation with Bitcoin.
Colombia’s Ministry of Technology Supports Blockchain and Cryptocurrency
Colombia’s tech ministry approves blockchain and crypto news
Colombia’s Ministry of Information Technology and Communications has released a first-of-its-kind draft guideline calling for the public sector to embrace blockchain technology, including issues related to cryptocurrencies.
Global Prime Uses BidFX to Expand Interbank Finance Market
Global Prime chose BidFX to facilitate direct access to Tier 1 banks.
According to a Global Prime statement to Finance Magnates, the decision to partner with BidFX has reduced the Australian firm’s overnight funding rates for retail and institutional clients by more than 50%.
The partnership was fueled by increasingly fragile liquidity in the financing markets, leading to instability at exchange points.
FX & CFD Broker Zenfinex Raises £ 5 Million in Series A Funding Round
The broker will use the funds to expand its geographic presence.
Zenfinex, which is currently regulated by the Financial Conduct Authority, will channel the money raised from the funding round towards its global operations. Thus, customers can expect a number of changes on the horizon for the merchant provider.
EML payment revenues are up year-on-year, but earnings are down slightly
The coronavirus pandemic has limited customer spending.
EML Payments reported Wednesday that the company had revenues of $ 121.6 million. Compared to the previous year, this is 25 percent more. According to the report, revenue growth was evident in each of its segments.
Archax receives FCA approval to operate as a digital securities exchange
The company is the first digital securities exchange and custodian to be regulated in the UK by the FCA.
Through the cryptocurrency exchange, investors will be able to trade in the FCA-authorized secondary market, providing institutions with a regulated trading platform that will offer digital securities.
Archax also became the first company to receive cryptoasset registrations from the UK regulator, making it a fully compliant virtual asset service provider, according to the statement released.
Archax receives FCA approval
Steem community sues Bittrex for $ 16 million
The exchange refused to return the seized Steem tokens to their original owners.
The battle between Tron and the Steem community has taken a new turn as key participants in the latter filed a lawsuit against Bittrex in order to receive the unexpectedly deposited tokens on the crypto exchange.
Plaintiffs demand $ 16 million from Bittrex, which received $ 5 million in disputed Steem tokens but refused to return them to their original owners
Steem Sues Bittrex
South African Regulatory Authority Asks MTI Clients To Immediately Withdraw Funds
The platform was also noted by observers from the United States and Canada.
South African regulator FSCA has launched an investigation into Mirror Trading International’s multiple operational issues and urged its clients to “request a refund to their own accounts as soon as possible”.
The FSCA is concerned about statements by the cryptocurrency trading company that it has R 2.9 billion held in its clients’ trading accounts, as the regulator was unable to confirm the availability of funds.
FSCA asks MTI clients to withdraw funds