“Bitmain’s IPO Application Expired”
Bitmain’s hopes for an initial public offering (IPO) have been slashed after the cryptocurrency firm’s application to list on the Hong Kong Stock Exchange officially expired. Its application officially lapsed on Tuesday, six months after it was first submitted. Founded in 2013, headquartered in China, and credited with being one of the largest manufacturers of cryptocurrency mining equipment, Bitmain can re-submit its application but it would need to provide additional financial information beyond what it included in its original filing.
“Another Crypto Exchange Hack”
Singapore-based exchange DragonEx says it has been hacked for an undisclosed amount in a number of cryptocurrencies. DragonEx announced the news on its official Telegram channel on Monday, stating that, on Sunday, March 24, it had suffered a cyberattack that saw cryptocurrency funds owned by users and the exchange “transferred and stolen.” No information has yet been provided on the value of the losses. On Sunday, apparently as the breach was first being discovered, DragonEx first took its platform offline saying it was upgrading its systems.
“Another Crypto Exchange Rumored to Have Been Hacked”
Cryptocurrency exchange Coinbene, ranked 16th on CoinMarketCap by adjusted volume, has announced it is undergoing maintenance on Tuesday, March 26, as the crypto industry discusses rumors that the exchange has been hacked. The official Twitter account of Coinbene Global has responded to a user nicknamed Crypto James, who claims that his deposits have been pending for an hour and insists the exchange has suffered a hack, as the maintenance had not been previously announced.
“Crypto Wallet for WhatsApp”
Wuabit is a cryptocurrency wallet accessible via a chat interface in WhatsApp. The developers describe it as ‘software agent’ powered by specialised AI. Users simply type in commands like 'send 0.05BTC to Vera’ and Wuabit will send the cash. By using a service as popular as WhatsApp, Wuabit hope to propel crypto payments further into the mainstream. The public beta is due to start next month. Mainstream use of cryptocurrencies like Bitcoin is growing but many experts say a lack of understanding among the public is hampering adoption.