Crypto mining hardware manufacturer Bitmain reports a 3rd quarter loss of $500m in IPO filing according to a CoinDesk exclusive report. Bitmain applied for an IPO with the Hong Kong Stock Exchange back in September and recently provided updated financials,

J.P. Morgan is launching the first cryptocurrency backed by a U.S. bank. They say the “JPM Coin” will be rolled out slowly at first, settling a small fraction of J.P. Morgan's payments over the next few months. J.P. Morgan's Head

SEC confirms guidance coming for token sales. CoinDesk reports that SEC Commissioner Hester Pierce confirmed in a speech this week at the University of Missouri School of Law that the regulators are working on 'supplemental guidance' as to whether or

Gemini has been accused of shutting down accounts over GUSD redemptions. CoinDesk reports two OTC traders had their accounts at cryptocurrency exchange Gemini closed without warning or explanation after they attempted to redeem large amounts of GUSD, the stablecoin introduced by