Bitfarms Tel Aviv Borsasından Ayrılacak Mı? | Kripto Kılavuz
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Will the Bitfarms leave the Tel Aviv Stock Exchange?

Bitfarms Tel Aviv Borsasından Ayrılacak Mı?

The Israeli local crypto-money mining company Bitfarms will leave the Tel Aviv Stock Exchange on April 1 due to the damage caused by last year's crypto-bear market on the local stock exchange Globe.

Formerly the Blockcha Bitfarms, known as Mining, lost $ 23.1 million in the second half of 2018 and its net profit was only $ 4.9 million in the first two quarters. The company's revenue decreased by 48 percent in the second half and fell from $ 22.3 million to $ 11.5 million.

The company saw the decline in revenue by 81 percent in mining difficulties, as well as the price drop in Bitcoin (BTC). tied.

John Rim, CFO of Bitfarms Ulaşabil In spite of the challenges, we are continuously re-investing in the cash flow from our operations, and through careful financial planning and disciplined execution, we can achieve many operational growth targets in 2018 “ told.

In November of last year, crypto currency markets, Bitcoin When he fell below the $ 5,600 price point for the first time in 2018, he experienced an unprecedented sharp decline over a year.

Cryptocurrency reported that Bitmain, a mining giant, has decided to close its development center in Israel and to cut down local workers, as well as to reduce their activities in the Netherlands in January. Gadi Glikberg, deputy chairman of the Israeli branch and vice president of international sales and marketing, Bitmain, linked the closure to the collapse of the crypto market:

”The crypto market has had a concussion over the past few months and has forced Bitmain to study various activities around the world and to refocus his work according to the current situation.“

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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