New Platform Enables Trades Across 200 Tools and Runs Educational Crypto Show

sponsored A cross-market platform says it allows users to trade in crypto, forex, precious metals, shares and commodities — and offers a wealth of intelligence for investors. A cross-market platform called LH-Crypto says its service gives traders the opportunity to transact across a plethora of cryptocurrencies and 200 other financial instruments — including forex on […]

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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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UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

An undisclosed investment from UPS reveals a commitment to blockchain profitability after cautionary statements from the logistics giant. The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16. Inxeption, which began operations in 2017, aims to […]

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Chinese Fintech Incubation Zone Officially Begins Operations in Guangdong Province

The Chinese fintech incubation zone located in China’s Guangdong province has officially started operations. The Chinese fintech incubation zone located in the Guangdong province has officially started its operations, Chinese news outlet Chinese Software Developer Network (CSDN) reports Dec. 21. According to the article, the zone — which officially opened Dec. 20 — has a […]

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Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. […]

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