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Spanish bank BBVA has completed the first-ever on-chain syndicated loan for $150 million. According to a Financial Times report Wednesday, Nov. 7, the country's second-largest bank arranged the loan for national electrical grid operator, Red Electrica. Syndicated...
Bitmain CEO Jihan Wu Announces NextGen ASIC Mining Chip and New Mining Machine
Jihan Wu, CEO and co-founder of Bitmain Technologies Ltd., announced Bitmain's next-generation ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm at the World Digital Mining Summit in Georgia today. Mr. Wu also revealed that Bitmain will...
Blockchain-Based Data Marketplace ODX Raises $60 Million From Investors Globally
Singapore based ODX (Open Data Exchange) functioning and operating mainly over blockchain technology creating a data marketplace has now attracted investors from around the world. Today when asked about what is the greatest access into the...
Santander Bank Enters $700 Million Deal To Use IBM Blockchain
The leading European Bank Banco Santander has reportedly entered a deal with IBM to accelerate the deployment of technologies including blockchain. The news was revealed as a part of a press release on...
Chinese E-Commerce Giant JD.com Launches Open Blockchain Platform
Chinese e-commerce giant and retailer - JD.com, recently unveiled an open blockchain platform that will help customers to improve the efficiency, transparency, and security of their operations by getting their own blockchain based solutions. The...
Analysts Suggest Mining Giant Bitmain Could Be Losing Its Edge
The leading cryptocurrency mining giant Bitmain Technologies falls short over keeping up with the vacillating market of crypto mining. The Bitmain, mainly providing services and products dealing in chips which serve as an integral part...
IT Leader Fujitsu Is Introducing a 'Ready-to-Go' Blockchain Service
IT biggie Fujitsu is introducing a new consultancy service which can deliver an industry ready product within just five days. As per reports, this service will be available at a price of €9,900, which will...
China's Communist Party Published A Book About Blockchain For Members
China's Communist Party is making a different move by making public offices blockchain literate with the help of publishing a book on blockchain technology for the officials and other members. According to a report, the publishing...
This Monday September 10, the Chinese government announced plans to track all charity donations using blockchain technology. The document released by the Ministry of Civil Affairs outlines a four-year plan that will implement advanced technology...
Asia Head of BitConnect Arrested In Dubai For His Involvement In Cryptocurrency Scam
It’s never all great and shiny as it appears, seemingly this pertains to a similar news this week. The cryptocurrency project was all hyped about and has recently been accused and blamed for being involved...