Leading cryptocurrency exchange Binance has no immediate plans to go public despite hiring an IPO veteran Wei Zhou as its chief financial officer.
Mining equipment manufacturer Ebang International has announced release of new E11 and E11+ miners with rumors circulating that these new devices may outdo all existing alternatives in terms of performance. At least this is what Blockstream CSO Samson Mow says.
Investment firm DST Global has officially denied taking part in mining giant Bitmain’s pre-IPO funding. Chinese investment conglomerate Tencent and Japanese SoftBank have also refuted their involvement in the company’s Series C funding round, Cointelegraph reports on Wednesday, August 22.
As the world’s largest cryptocurrency mining company Bitmain Technologies is filing for an initial public offering (IPO) hoping to raise $18 billion on the Hong Kong Stock Exchange at a market capitalization of $40 to $50 billion, observers are already sending potential red flags to the investors.
Cryptocurrency nanopayment provider and processing service SatoshiPay has announced plans for an IPO on the London Stock Exchange’s AIM, a market for growth companies.