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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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official […]

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Winklevoss Capital: Investors Are ‘Thoughtfully Dipping their Toes into Crypto,’ Not Taking the Plunge

Sterling Witzke, partner at Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto. Sterling Witzke, partner at the Winklevoss twins’ family office Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto. Witzke backed her claim […]

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