Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in

The Honduran resort town of Santa Lucia now has a local Bitcoin hub. According to local news outlet Diario La Prensa, the private initiative known as Bitcoin Valley intends to develop a circular Bitcoin economy and boost the number of tourists visiting the area. Owner of tourist related businesses in

Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block.  Once again, a reminder that users can never be fully assured that their Bitcoin is

Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting