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Bitcoin miner manufacturer reports €137 million loss over 2019

Bitcoin miner manufacturer reports €137 million loss over 2019

Canaan, a China-based bitcoin mining equipment manufacturer, listed on the Nasdaq, filed its financial reports for 2019 with the Securities and Exchange Commission. The report showed that revenue ha

Coinmerce news
Coinmerce 10-04-2020
South Korea launches CBDC pilot

South Korea launches CBDC pilot

On the 6th of April, the South Korean central bank announced that it has started a CBDC pilot. The goal of the pilot is to assess the logistics of issuing a Central Bank Digital Currency and the cha

Coinmerce news
Coinmerce 07-04-2020
Binance acquires CoinMarketCap for an estimated $300-400 million

Binance acquires CoinMarketCap for an estimated $300-400 million

Yesterday, the world's largest cryptocurrency exchange in terms of volume announced that it had acquired CoinMarketCap. CoinMarketCap is one of the most, probably the most popular cryptocurrency da

Coinmerce news
Coinmerce 03-04-2020
Dutch government utilizing blockchain to help fight Corona

Dutch government utilizing blockchain to help fight Corona

‘Tech against Corona‘ as the consortium is called, is a group of around ten Dutch tech companies which will provide their government with innovative technologies and solutions to fight t

Coinmerce news
Coinmerce 30-03-2020
Bitcoin hash rate drops 45%

Bitcoin hash rate drops 45%

Not long ago, we reported that Bitcoin's hash rate was on the rise and even reached a new all-time high (ATH). Now with the COVID-19 virus paralyzing companies and entire economies, it seems that th

Coinmerce news
Coinmerce 27-03-2020
A crisis worse than 2008, what lies ahead?

A crisis worse than 2008, what lies ahead?

Twelve years after the previous financial crisis, the global economy is now facing the same, or even worse, challenges. According to Adam Tooze, it might hit a lot harder compared to 2008. Adam T

Coinmerce news
Coinmerce 23-03-2020

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