Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak

  2 weeks ago

Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession. For the three […]The post Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak appeared first on Bitcoin News.

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DeFi Hotdog token gets burnt, dropped from $4,000 to $1 within five minutes

  2 weeks ago

Another food-themed decentralized finance (DeFi) project, HotdogSwap has seen its token nosedive in a matter of five minutes. This was a similar trend displayed by YAM token, although an unfixable flaw was reported in this case, which drove away all the farmers. Following the current activities in yield farming, one might predict that the market […]

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Donate Bitcoin, Ethereum ‘generously,’ says Indian PM’s hacked Twitter a/c

  2 weeks ago

Being one of the most powerful men in the world offers no immunity from the tricks and wits of scamsters. This was evidenced a few hours ago after Indian Prime Minister Narendra Modi’s Twitter account was hacked by “John Wick,” a few weeks after a wider attack was orchestrated against the likes of Binance, Coinbase, […]The post Donate Bitcoin, Ethereum ‘generously,’ says Indian PM’s hacked Twitter a/c appeared first on AMBCrypto.

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Kusama Price Prediction: KSM/USD Bulls Remain Relentless, Just How Nigh Is $70?

  3 weeks ago

Kusama rallied to highs of $73.85 on Wednesday but failed to sustain the gains, leading to a reversal to $40. KSM/USD could remain pivotal at $50 following a shallow recovery supported by the Ichimoku cloud. Kusama is among the best-performing cryptocurrency in the market, especially if August is taken into consideration. Moreover, the massive bullish

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