Opera browser launches protection from mining

Opera browser is launching Nocoin extension for cryptocurrency mining protection, which is currently in development and will be fully released in January of 2018
26 December 2017   1616

There is a spreading tendency nowadays that miners are minig cryptocurrency on users CPU by the owners of websites, and the most famous browsers aspire to release special extensions in order to prevent that. Opera browser the first one that is launching NoCoin, a cryptocurrency mining protection, which keeps miners away by blocking mining scripts.

Opera cryptocurrency mining protectionOpera cryptocurrecy mining protection

NoCoin will provide users with safe and reliable way to block miners from using their CPU and power without their consent. Moreover, NoCoin is also open source and licensed under MIT.

Currently NoCoin is in development but available in Opera 50 Beta RC, ans the full version of Opera 50 is stated to be released in January 2018.

Bitmain to File IPO Application

The application was sent to Hong Kong Stock Exchange (HKEX)
27 September 2018   436

The largest mining company Bitmain has submitted to the Hong Kong Stock Exchange (HKEX) listing application for an initial public offering (IPO), according to CoinDesk.

The application is a draft option, and some of its details, in particular the number of shares offered for sale and the immediate date of the IPO, are still in the process of editing.

Nevertheless, the document indicates that last year Bitmain's revenue was $ 2,517,719,000. This figure is higher than in 2016 ($ 277,612,000). As of June 30, 2018, the company's revenue was $ 2,845,467,000.

The application said that in 2017 the gross profit of the company was $ 1 212.7 million, which is also higher than in 2016 ($ 151,351,000).

Earlier, the head of Bitmain, Jihan Wu, expressed his indignation over the actions of the company's chief financial officer, who disclosed the figures for the first quarter 60 days after his end, and not after 90, as he had expected.

The media suggested that in the run-up to the IPO the publication of such information could have a negative effect on the company's investment attractiveness.

In addition, the document confirmed the media's information that Bitmain owns a 3% stake in Opera's Internet browser thanks to an investment of $ 50 million.

The application also indicates that the underwriters of the IPO are China International Capital Corporation Hong Kong Securities Limited, Commerce and Finance Law Offices, Maples and Calder LLP, KPMG and Frost & Sulliva