Zachary

There has long been speculation in the crypto space that institutional investment would be the driving force that would lead to the biggest crypto rally ever by far, and now the crypto experts at Messari have run some calculations. They have found that if institutional investors on average put a mere 0.5% of their portfolio … Read more

Bitmain may be the largest manufacturer of cryptocurrency mining equipment in the world but despite the size of the company and its near-total monopoly on the mining industry, it is not immune to the impacts of the 2018 cryptocurrency bear market. Bitmain has been forced to close down its Israeli development center, amid rapidly declining revenues. Possibly … Read more

Bitmain, the largest manufacturer of cryptocurrency mining equipment in the world, is being sued for USD 5 million in a class action lawsuit filed in the United States District Court of the Northern District of California. Plaintiffs allege that the manufacturer pre-configured rigs to run at full power, directing cryptocurrency mining revenue to itself before users … Read more

Bitmain is suing ‘John Doe’, an unknown hacker who gained access to Bitmain’s Binance account on 22 April 2018. Ultimately 617 bitcoins worth USD 5.5 million were stolen from Bitmain, the largest cryptocurrency mining firm on the planet. The scheme the hacker used to steal the bitcoins was unique. Instead of directly withdrawing cryptocurrency from … Read more