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Coinbase Posts $1.1 billion Loss 

August 10, 2022

It’s no secret that 2022 has been a tough year for cryptocurrencies, and companies operating in the sector have struggled to cope with the crash of the crypto market. Coinbase, the crypto…

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A Bolivian Cryptocurrency Leader Comes In From the Cold

July 25, 2020

For years, Mario Blacutt dared not reveal his name. He was a citizen of Bolivia, whose state pursued crypto traders with a religious zeal. Any mention of Blacutt’s true identity could land…

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After 2017’s “Cowboy” Crypto Era, Iceland’s Miners Look Forward to a Divested Future

September 23, 2018

Last December, as bitcoin reached its highest price, Advania, Iceland’s largest data center provider, struggled under the weight of demand from foreigners desperate to tap into the country’s unique, crypto-friendly metrics. “We…

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The Top Three Most Lucrative Countries For Bitcoin Miners

July 5, 2018

This year has been topsy-turvy for Bitcoin – but which one isn’t? Since December its value has dropped from $13,860 to $9,244, leading many part-time investors to pull funds from Coinbase and…

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Iceland’s ‘Big Bitcoin Heist’ Showed How Strong the Country’s Crypto Economy Really Is

July 3, 2018

It was a story that seemed like it was pulled straight from pulp fiction: a developer and smalltime criminal steals 600 Bitcoin mining units, and escapes on a plane alongside his country’s…

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Kodak is Showing How Cryptocurrency is Like a New Soccer Coach

January 10, 2018

There’s a popular phenomenon in soccer known as the “new manager bump”, which essentially says that a team can expect a short but sharp increase in fortunes when hiring a new head…

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Bitcoin Value Drops, as Coinbase Freezes Cash Deals Amid Insider Trading Row

December 20, 2017

The value of bitcoin has fallen over $2,000 this morning, spreading worry across its investment base. The drop, which appears to confirm expert opinion last week that the cryptocurrency was in a…

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Tech Could Ease Some of Post-Mugabe Zimbabwe’s Biggest Problems – If the New Government Lets It

December 6, 2017

Last month Robert Mugabe was ousted as leader of Zimbabwe, bringing down 37 years of despotic rule. He was replaced by former ally Emmerson Mnangagwa, who has insisted what happened wasn’t a…

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This Twitter Bot is Showing How Big Bitcoin’s Nazi Problem Is

November 30, 2017

Bitcoin has a political problem. In its early days the cryptocurrency was hailed as a  utopian tool: a way for regular Joes to avoid the oppressive glare of governments and live in…

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Mark Cuban’s Bitcoin Volte Face: Billionaire Invests in Cryptocurrency Fund

August 23, 2017

Just two months ago billionaire investor and Shark Tank star Mark Cuban tweeted his disapproval of Bitcoin, saying investment in the cryptocurrency was a “bubble”. Yesterday the Dallas Mavericks owner marked a remarkably…

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Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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