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Latest from David Pan
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
CoinDesk 50: How the People’s Bank of China Became a CBDC Leader
China's central bank, part of CoinDesk's new 50 list, is a pioneer of central digital currencies. Now the rest of the world is racing to catch up.
Nervos Aims to Spur Blockchain Development With New Incubator Headed by Industry Vet
Open network Nervos has launched an incubator for early-stage startups that build user-centric decentralized applications.
Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto 'Hot Vault'
Fireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore.
Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle
Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative – but not to give him back the title.
Bitcoin Miner Maker Ebang Files for a $100M US IPO
Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S.
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test.
Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business
Hut 8, one of the few publicly traded crypto mining firms, is concerned about coronavirus-related delays of new machine deliveries, its CEO said.
Riot Blockchain Moves Part of Bitcoin Mining Operation to Upstate New York
Bitcoin miner Riot Blockchain has sent a portion of its newly acquired S17 Pro Antminers from an Oklahoma facility to upstate New York, tapping excess power in a colocation deal with Coinmint.
