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RedditStalker
Posted the thread How Blockchain is Changing Money Transfers.Thread -
CryptoDude
Posted the thread Bitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board.ThreadBitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board
Bitcoin mining giant Bitmain has denied widely circulated reports that its co-CEO, Jihan Wu, has been ousted from the board of BitMain Technologies Holding Company, the entity currently… -
RedditStalker
Posted the thread What provoked such a dip?.Thread -
BitcoinCowboy
ThreadTop Crypto Exchange Binance Adds Circle's USD Coin in Latest Stablecoin Support Move
Major cryptocurrency exchange Binance announced it would list Circle’s USD-pegged stablecoin USD Coin (USDC) in a blog post Nov. 15, with deposits opening immediately.… -
RedditStalker
Thread -
BitcoinCowboy
Posted the thread Bitcoin Miner Canaan's IPO Likely Delayed After Hong Kong Filing Expires.ThreadBitcoin Miner Canaan's IPO Likely Delayed After Hong Kong Filing Expires
Canaan Creative’s application for an initial public offering (IPO) may be in doubt as the Chinese bitcoin mining maker’s filing with the Hong Kong Stock Exchange (HKEX) has… -
RedditStalker
Posted the thread Influencer marketing for blockchain companies – Medium.Thread -
MinerAlex
Posted the thread Buy or Sell? What Traders Think About Today's Bitcoin Cash Fork.ThreadBuy or Sell? What Traders Think About Today's Bitcoin Cash Fork
All eyes are on the bitcoin cash (BCH) blockchain ahead of a scheduled technical upgrade tomorrow.
While it’s a process that the world’s fourth-largest blockchain by market… -
RedditStalker
Thread -
CryptoDude
Posted the thread Bitcoin Miner Canaan's IPO Looms as Filing Status Now 'Lapsed'.ThreadBitcoin Miner Canaan's IPO Looms as Filing Status Now 'Lapsed'
Canaan Creative’s application for an initial public offering (IPO) now looms as the Chinese bitcoin mining maker’s filing status at the Hong Kong Stock Exchange (HKEX) has become inactive.
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News
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Bitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board
Bitcoin mining giant Bitmain has denied widely circulated reports that its co-CEO, Jihan Wu, has been ousted from the board of BitMain Technologies Holding Company, the entity currently seeking to go public on the Hong Kong Stock Exchange (HKEX).
The news first emerged on a Chinese cryptocurrency media site on Monday, which suggested that Wu and several other executive directors had left their positions at a different entity, Beijing Bitmain Technology Limited.
The report further cited a lawyer, not affiliated to Bitmain, who said the change meant Wu would no longer have executive power over Bitmain’s operations. However, the report did not state clearly whether that comment was referring to Beijing Bitmain Technology or the holding company.
Various media reports have subsequently cited the news and alleged that Wu is no longer at the board of the holding company and hence has no voting power on the firm’s
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Top Crypto Exchange Binance Adds Circle's USD Coin in Latest Stablecoin Support Move
Major cryptocurrency exchange Binance announced it would list Circle’s USD-pegged stablecoin USD Coin (USDC) in a blog post Nov. 15, with deposits opening immediately.
USDC, which the financial services company announced in May this year and released in September, is one of an increasing number of cryptocurrencies notionally tied 1:1 with a major fiat currency.
Binance is not the first major platform to list USDC, U.S. exchange Coinbase supporting the asset since the end of last month.
“For increased transparency, USDC has engaged a top-ranking auditing firm to release monthly balance attestations of the corresponding USDC and USD balances held/issued,” Binance adds in its statement today.
The exchange also noted that trading for USDC/BNB and USDC/BTC trading pairs will begin Nov. 17.
Exchanges across the world have stepped up efforts to support fiat-backed stablecoins as more and more are issued,
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