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Tag Archives: Million

Cryptocurrency Mining Hardware Maker Turns £1,000 into Over £1 Million in First Year

A 28-year-old cryptocurrency entrepreneur from the UK has managed to turn £1,000 (around $1,500) into over £1 million in just 18 months of trading. Josh Riddett, of Bury, Greater Manchester, has found success manufacturing specialist digital currency mining hardware. Riddett’s company, Easy Crypto Hunter, has expanded from the sale of …

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Porsche Uses Blockchain Platform to Close $170 Million Loan

One of the planet’s largest vehicle distributors has just finalised a $170 million loan using blockchain technology. Porsche completed the deal with the Spanish bank Banco Bilboa Vizcaya Argentaria’s (BBVA) blockchain platform. The news makes Porsche the first non-Spanish company to use the distributed ledger platform to borrow funds from …

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BBVA Issues $170 Million Loan To Porsche Using Blockchain Technology

BBVA, the second largest bank in Spain, has officially closed a loan worth $170 million using blockchain technology. Banco Bilbao Vizcaya Argentaria (BBVA) reported on December 14 that the multimillion-dollar loan between the bank and Porsche Holding Salzburg, Europe’s largest car distributor, was to help the Volkswagen subsidiary make strategic …

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Blockchain Stocks Weekly Update – December 14: Spanish Bank BBVA Used Blockchain to Lend €150 million to Porsche

Despite “What is Bitcoin?” topping the Google’s search results in the United States and the United Kingdom in 2018, the BTC/USD continued the bearishness and reached a fresh low of $3,245. The major cryptocurrencies all lost market capitalization this week and Ripple lost around 4.75%. Few analysts continued to reassert …

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Crypto Whales Push $162 Million in Bitcoin, Tron Breaks Records and Coinbase Tracks XRP, Stellar, EOS, IOTA and More

Crypto Whales Push $162 Million in Bitcoin, Tron Breaks Records and Coinbase Tracks XRP, Stellar, EOS, IOTA and More | The Daily Hodl We use cookies to give you the best online experience possible. By agreeing you accept the use of cookies in accordance with our cookie policy. …

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Porsche Holding gets a $170 million loan through BBVA’s blockchain platform

Porsche Holding Salzburg, the largest car distributor in Europe controlled by Volkswagen AG, has obtained a $170 million blockchain-based loan organized through Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA). According to the financial news site Finextra, BBVA has negotiated and closed a $170 million term loan for Porsche …

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Algo Capital Blockchain Venture Capital Group Launches $100 Million Funding into Algorand

The continuously falling prices of Cryptocurrencies doesn’t mean that the blockchain is doomed. On the contrary, most commentators are betting for the next technological revolution to be via this route. To this end, many companies are looking for ways to address some of the biggest problems that cryptos face. And …

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The Sandbox blockchain gaming platform launches $2 million creator fund for artists

Pixowl, the maker of The Sandbox voxel-based game world, has created a $2 million Creator Fund that it will use to reward artists for creating items on its blockchain-based gaming platform. Animoca Brands bought Pixowl in August for $4.875 million, in part because of that company’s plan to move into nonfungible …

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More than 139 million cryptocurrency accounts in 2018, says Cambridge study

According to a new benchmarks study by the Centre for Alternative Finance at the University of Cambridge, total crypto accounts at service providers now exceed 139 million, with 35 million of them being ID verified. ID verified accounts grew 4x in 2017, and then doubled again in 2018 to now …

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