Leading Chinese cryptocurrency hardware maker and miner Bitmain Technologies Inc. reported a $500 million loss in the third quarter as the price of bitcoin continued to drop. The figure comes from Coindesk, which claimed today that the loss was confidentially reported in an update of financial results to the Hong Kong Stock Exchange as part of a review into Bitmain’s ...

Amazon.com Inc. maintained its lead in the smart home speaker market in the fourth quarter as sales of the devices hit record highs over the holiday season. The numbers come from a new report out today from Strategy Analytics, which found that in the fourth quarter, sales of the devices hit 38.5 million, up 70 percent ...

Both Uber Technologies Inc. and Cruise, the autonomous vehicle division of General Motors Co. have open-sourced their visualization software as both attempt to make the technologies a standard. Uber has open-sourced its Autonomous Visualization System, a standard for describing and visualizing autonomous vehicle perception, motion and planning data. It’s claimed to offer a powerful web-based toolkit ...

Coinbase Inc. has acquired blockchain tracking startup Neutrino srl for an undisclosed price to expand its blockchain intelligence services. Founded in 2016, Neutrino offers a platform for analyzing, tracking and investigating blockchain and other virtual currencies. The company pitches its products to law enforcement and financial companies that wish to track and trace cryptocurrency transactions. Neutrino’s XFlow ...

The price of bitcoin rallied Monday to break the $4,000 mark at least temporarily, its highest level since briefly touching the same level in early January and before that in early December. The latest price surge had cryptocurrency investors highly enthusiastic, particularly given that it occurred on Presidents Day, a U.S. public holiday where there was ...

There’s both good and bad news for cryptocurrency investors who lost around $190 million from Canadian exchange QuadrigaCX. Earlier in the month, it was reported that $190 million in customer funds consisting of both cryptocurrency and regular money had disappeared from QuadrigaCX following the alleged death of its founder Gerald Cotten of Crohn’s disease while in India. The company claimed that ...

Japanese e-commerce giant Rakuten Inc. is set to expand support for cryptocurrencies, possibly including cryptocurrency exchange services, via an upgrade to an existing mobile app coming March 18. The news cames in the company’s financial results published Feb. 12. The Rakuten Pay app will provide support for bitcoin and possibly other cryptocurrencies. The exact details ...

Another day, another database of hacked account details. This one, containing 93 million hacked records, was discovered for sale today on the dark web, the shady part of the internet reachable through special software. The latest release from a hacker called Gnosticplayers, its third, contains user account details hacked from gif hosting service GfyCat along with ...

Google LLC-owned Nest is forcing users to reset their passwords if it believes they may have been compromised. First reported Friday by The Verge, the move appears to be a followup to Nest’s previously asking customers nicely to reset their passwords if a suspected breach has occurred. The idea now is that Nest suspects that many ...

Another day, another bitcoin-related exchange-traded fund request pulled: Reality Shares ETF Trusts withdrew its ETF application Wednesday at the request of the U.S. Securities and Exchange Commission. The Reality Shares Blockforce Global Currency Strategy ETF differed from previous bitcoin-related ETF applications in that it didn’t trade directly in bitcoin. Instead, it had allocations in CME Group ...