Tagamsterdam

More Layoffs: Bitcoin Mining Giant Bitmain Makes Cuts in Amsterdam & Texas

bitmain bitcoin mining crypto

Bitmain's problems continue, as the world's largest bitcoin mining firm has announced a fresh round of layoffs. Bitmain is rumored to have lost over $700 million in Q4 2018, and late last month reports broke out that the Chinese mining giant is set to fire 50% of its workforce. Later, the company shut down its Israeli branch and fired all of its employees. Meanwhile, Chinese media reported that...

Pay Bitcoin or Else: Thugs Threaten Amsterdam Businesses with Explosives

Business owners in Amsterdam are living in fear of criminals who are threatening to cause acts of terror unless they are paid an extortion fee in bitcoin. According to a Netherlands publication NLTimes, emails have been sent to multiple businesses in Amsterdam demanding bitcoins worth 50,000 euros. Failure to pay, the emails warn, hand grenades will be planted at the business premises or the...

Dutch ETF Giant Makes Crypto Play Despite Regulator’s Disapproval

netherlands

Flow Traders NV, the largest European exchange-traded fund (ETF) trader has entered the crypto market, despite public warnings from the Dutch Authority for the Financial Markets (AFM) urging consumers to stay away from cryptocurrency trading. Based in Amsterdam, the Dutch speed trader has its eyes on the first ever exchange-traded notes (ETN) based on bitcoin and ether. According to Swedish ETN...

Amsterdam's Airport Helps Travelers Swap Leftover Euros for Bitcoin, Ethereum

Amsterdam’s international airport, Schipol, has installed a cryptocurrency ATM that lets passengers convert their euros into bitcoin or ethereum. In an announcement on Wednesday, the airport revealed it is assessing demand for the two most prominent cryptocurrencies among passengers over a six-month trial in an initiative that is the first of its kind in any European airport. The ATM is...

D10E Hosts Conference on Decentralization Technologies in Amsterdam

On February 17th and the 18th at the Bers Van Burlage, Amsterdam, Netherlands, decentralized technology enthusiasts from all over the world will gather together to explore the developing industries and technology around decentralization at the D10E conference. Formerly known as Coin Congress, “D10E” stands for “decentralization” as a numeronym and the primary topics of the conference will be...

The Bitcoin Embassy in Amsterdam Will Open on December 12th

Amsterdam

The Bitcoin Embassy in Amsterdam will open its doors to the public on December 12th. If you are planning on attending this grand opening, or are simply interested in finding out more information about the project, make sure to check out their website. A Bitcoin Embassy is an educational center where you can ask Bitcoin questions, use the computers to buy Bitcoins, and go to weekly seminars to...

Bitcoin Payment Processor Sees 1900% Growth in Europe Since 2013

BitPay, one of the world's largest Bitcoin payment processors, has come a long way since their first office in Atlanta where only the two co- founders were working on the future of payment processing. Now a world leader in business solutions for the Bitcoin digital currency, BitPay, is expanding yet again to a new office to meet the increase in global demand. The need for a new Amsterdam office...

Bitpay opens first European office in Amsterdam

Bitcoin payment provider Bitpay will be opening its European headquarters in Dutch capital Amsterdam. The office will handle sales, implementation and merchant support for all European customers. At this moment, Bitpay offers its services to 7,000 merchants all over Europe. By the end of 2014, the company has set a goal of acquiring and serving 30,000 merchants in the continent. New people...

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