Market Cap
24h Vol
7054
Cryptocurrencies
82633
Markets
NewsBTC
2018-12-26 14:27:47

Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin

According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315.5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations....The post Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin appeared first on NewsBTC.