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canaan records big losses in 2019 bitcoin mining company

Bitcoin Miner Manufacturer Canaan reports $148M USD Losses in its first public earnings report

Canaan Creative, the manufacturers of the Avalon Bitcoin miner series have published their first earnings report since the company's public stocks sale in the USA, on Thursday, April 9th, as initially reported by Coindesk. During it's IPO in November 2019, the company raised $90M USD selling 10,000,000 stocks for $9 each. Now investors have lost…

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bank of france experimenting with blockchain

Digital Euro on the horizon? Central Bank of France to experiment with crypto for interbank settlements

The Central Bank of France wants to experiment with digital asset technology to improve interbanking abilities, according to this "Call to Apply" document that came out last Monday, on March 30th. The document lists all of the desires and goals that the bank has with cryptocurrency. At the moment, they are looking for third party help…

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US VS CHINA BLOCKCHAIN

The U.S. Needs to Step up and Embrace Blockchain Technology

Distributed ledgers, i.e. blockchain applications and cryptocurrencies are completely separate things, but that doesn't reflect the U.S. budget and intentions. Trump has once again completely ignored the need for the U.S. to begin integrating blockchain technology in the governmental structures of the country. A recent Forbes article reveals how close the U.S. President Trump is to minds…

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