Sirin Labs announced today that FIH Mobile, a subsidiary of Foxconn Technology Group will oversee the design and production of blockchain-based smartphone FINNEY. The agreement will have FIH Mobile lead the original design and manufacturing of the phone with SIRIN LABS leading the development of the cold storage wallet hardware, and the SIRIN OS, which is based on Android.
Initial coin offering (ICO) founders aren’t the only ones getting rich from token sales. According to research from Autonomous Next LLP, cryptocurrency exchanges are raking in millions of dollars from ICO operators seeking to secure a spot for their tokens on high-volume trading platforms. “It sounds like the market price to list a crypto token …
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Cryptocurrency exchange giant OKEx is pushing back against allegations that it is responsible for market manipulation that caused the bitcoin price to crash below $5,000 on its futures exchange last week. In a statement released Wednesday, the Hong Kong-based exchange denied allegations that it had actively manipulated the futures markets to liquidate the positions of …
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