Second Bitcoin Mining Manufacturer Plots Hong Kong IPO

China-based bitcoin mining hardware manufacturer Ebang Communication has filed to go public on the Hong Kong Stock Exchange (HKEX). The company, the third-largest producer of application-specific integrated circuit (ASIC) chips for bitcoin mining, on Monday filed an application to hold its initial public offering (IPO) on HKEX. The news was first reported by regional industry …

Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs-backed cryptocurrency exchange Circle now has a new investor to its name, the Chinese crypto mining giant Bitmain. A new investment round led by Bitmain values the exchange at $3 Billion and also includes other notable names like Accel and …

Crypto Trading App Robinhood Expected to Hit $5.6 Billion Valuation with New Funding

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Robinhood’s valuation is expected to jump fourfold to around $5.6 billion, driven by the stock brokerage app’s popularity among millennials. The company, which offers cryptocurrency trades in addition to stock trades, is in the process of securing around $350 million from an …