Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto

Malaysia has given cryptocurrencies the regulatory green light — but they have to adhere to securities laws and will be governed as such. Cryptocurrency exchanges and blockchain-based companies in Malaysia face some testing times following regulatory changes in the country. As of Tuesday, Jan. 15, new regulations governing cryptocurrencies have come into effect in Malaysia. […]

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Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip manufacturing giant Taiwan Semiconductor Manufacturing reported a sizeable drop in its crypto mining-related revenue in 2018. Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. […]

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Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products

SEAT, the largest car manufacturer in Spain, has joined Alastria consortium focused on the development of blockchain technology. Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16. Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car […]

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Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

Co-founder of Ethereum and ConsenSys Joe Lubin has joined the board of directors of cryptocurrency exchange ErisX. Founder of blockchain tech company ConsenSys Joseph Lubin has been appointed to the board of directors of cryptocurrency startup ErisX. The news was revealed in an official press release published Jan. 17. Cryptocurrency exchange ErisX is a reboot […]

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Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring

Crypto exchange Coinbase has acquired tech startup Blockspring, originally backed by venture capital firm Andreessen Horowitz. Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14. San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information […]

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