SmileDirectClub Shares Go Down 28% below Their IPO Price

Teeth-straightening provider SmileDirectClub late Wednesday announced that its class A shares were priced at $23 a share, slightly above the $19- to $22-a-share range it had said it would be targeting. But yesterday its shares went down. Online dentistry company SmileDirectClub shares fell by huge 28% yesterday and it was pretty much the worst market …

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Square's Cash App Eyes Expansion Into Free Stock Trading: Report

Square’s Cash App is reportedly testing a free stock trading service, which would pit it against Robinhood’s mobile app. | Source: AFP PHOTO / JUSTIN TALLIS Square’s Cash App is reportedly testing a free stock trading service. A report published by Bloomberg claims that the publication has seen a video demonstrating the product’s features. According …

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Update on Open-Ended Bitcoin Mining

We are now offering customers of Open-Ended Bitcoin contracts an alternative to pay 30-Day maintenance upfront, which will allow them to pay their own maintenance costs on a 30-day basis, instead of a minimum 6-month basis. Please find the new option in your account dashboard. The maintenance fee is not something that Genesis Mining profits from …

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BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts

BlockFi has done away with minimum deposits for its BlockFi Interest Account (BIA). Under its new rules, anyone can deposit bitcoin, ethereum, or the gemini dollar and allegedly get up to a 6.2 percent annual return. BlockFi told CoinDesk on Friday that while the price of bitcoin and other cryptocurrencies has risen substantially since BIA’s launch …

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The Company Behind Zcash Announces Proposed Solution to Trusted Setup

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup. On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which …

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Crypto Market Plummets $58 Billion as Major Coins Fall 30% in Bloodletting

The crypto market is undergoing a major correction on Thursday’s trading. | Source: REUTERS The global cryptocurrency market lost $58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $386 billion to $328 billion – a 14.9% loss overall. Just hours previously …

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Bloodletting
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UAE Now Has A Local-Based Exchange

Bitex has officially opened its Cryptocurrency exchange services in the United Arab Emirates (UAE) to become the latest Crypto trading platform in the country. The new exchange is expected to allow the locals to buy the listed coins on its platform using the local currency. UAE has been working towards regulating the Crypto sector with …

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A closer look at a password storage issue affecting 3,420 customers

We recently began emailing 3,420 Coinbase customers to let them know that a bug on our signup page resulted in some registration details being stored in clear text in our internal web server logs. While we are confident that we’ve fixed the root cause and that the logged information was not improperly accessed, misused, or …

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Should you Pre-Order an Obelisk GRN1 ASIC for GRIN? – Pros and Cons

Obelisk, a fairly new ASIC manufacturer based on the US, announced the pre-sale of their first ASIC for GRIN Coin. During the pre-sale, the company charges $3,000 USD per unit. Once the pre-sale ends, the price will rise to $6,000 USD per unit. The estimated performance of the miner is 100 GPS at 800 W, …

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