Press Releases 21 March 2019

UnitedCorp files opposition to dismiss in its suit alleging hijacking of the Bitcoin Cash Network by Bitmain Group, Bitcoin.com, Roger Ver, Jesse Powell, Kraken and Bitcoin ABC Developers

Company challenges Defendants to explain their actions under oath and will pursue discovery by way of deposition or under subpoena of the Defendants in the United States including Roger Ver, Amaury Sechet and Jihan Wu.

Business 8 March 2019

Former Bitmain employees look for a new start

Looking for the next steps after their layoffs from Bitmain, some employees are looking to start a new crypto services company.

Tech 27 February 2019

Ebang eyes 400,000 units of crypto miners for 2019 amid market woes

Ebang is said to be on track to produce 400,000 crypto mining units this year, up from the 309,000 mining units sold in the first six months of 2018, according to local reports.

Tech 22 February 2019

Security researcher finds Bitmain S15 miner exploit

A developer has discovered vulnerability in Bitmain’s Antminer S15, which has subsequently been turned into an exploit by an anonymous security researcher​.

Business 19 February 2019

Bitmain continues to post revenue losses

Cryptocurrency mining equipment manufacturer Bitmain is still grasping to hope that it will be able to pull off its initial public offering.

Business 13 February 2019

Canaan Creative co-founder leaves crypto miner maker: report

Internal disagreements have reportedly sent Xiangfu Liu, one of the three founders of Bitmain’s crypto mining rival Canaan Creative, packing.

Tech 5 February 2019

Bitmain’s hashrate reaches 16-month low

As cryptocurrency mining company has seen one blow after another, it is becoming increasingly possible that the end is near.

Business 25 January 2019

HK stock exchange chief takes a swipe at Bitmain’s IPO attempt

SEHK CEO Charles Li Xiaojia responded to media questions about the status of initial public offering (IPO) applications of three cryptocurrency mining hardware manufacturers—Bitmain Technology, Canaan Creative, and Ebang International Holdings.

Business 16 January 2019

Bitmain cutbacks claim another victim—Wormhole

Is Wormhole, the supposed game-changing project backed by Bitmain CEO Jihan Wu, is no longer “auxiliary” to the Chinese cryptocurrency mining company?

Business 15 January 2019

Bitmain closes another office—this time in Amsterdam

After shutting down its operations in Israel and Texas, cryptocurrency mining company Bitmain has reportedly decided to also close its office in Amsterdam.

Editorial 15 January 2019

Under China’s new blockchain laws, Bitmain-ABC’s BCH is in trouble

Under the new regulations, blockchain information service providers are within the purview of the CAC and a range of penalties has been outlined for the violation of the provisions.

Business 14 January 2019

Bitmain shuts down Texas mining operations

Bitmain, the once giant China-based cryptocurrency mining company, offered to turn things around, bringing promise of new jobs and new hope to the struggling people of Rockdale.