Porsche arranges acquisition finance loan on BBVA blockchain
BBVA has negotiated and closed a EUR150 million term loan for Porsche Holdings using blockchain technology. The transaction is the latest in a number of notable DLT-based deals conducted by the Spanish bank with...
Bain-Backed Crypto Startup Closes as Securities Laws Bite
The worst thing you can call a cryptocurrency project isn’t a "scam" or a "Ponzi scheme" -- although many have been called that. It’s a "security."
By casting digital assets in with stocks and bonds,...
Unabashed Bitcoin Bull Thomas Lee Says the Market Is Wrong
Back in May, Thomas Lee, head of research at Fundstrat Global Advisors was predicting a rally to $25,000 by the end of the year. And despite things not playing quite in his favor --...
Hackers Ramp up Attacks on Mining Rigs Before Ethereum Price Crashes Into the Gutter
Hackers have set off in motion a massive campaign that scans for Internet-exposed Ethereum wallets and mining equipment, ZDNet has learned today.
Attackers are scanning for devices with port 8545 exposed online. This is the...
Mike Novogratz Explains Why He’s Still All-In on Crypto
No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit...
PayPal Launches Blockchain-Based Reward System for Employees
The company has launched an internal blockchain-based incentive platform for employees, Cheddar has learned. The initiative was built over a period of six months by about 25 people in PayPal's ($PYPL) San Jose-based innovation...
Bitmain Closing Israeli Development Center
The development center of Bitmain set up in Ra'anana two years ago under Gadi Glikberg will close this week and its 23 employees will be laid off, "Globes" learned this morning. Glikberg, who is...
CoinAll General Manager Presented at NextGen Blockchain Conference in Seoul
Katherine Deng, the general manager of a new conception exchange CoinAll, was invited to give a speech in Seoul at the the NextGen conference held by the leading crypto exchange OKEx. The conference opened...
Chinese Miners Become the Biggest Bitcoin Short-seller in the Bear Market
The current Bitcoin price chart entirely mirrors this market’s last dismal bear market in late 2014 and early 2015. At that time, veteran miners were keep mining and holding their coins during the dark...
Coinbase Continues to Explore Support for New Digital Assets
Coinbase continuing to explore the addition of new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible. As Coinbase announced in September, Coinbase’s goal...