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ANALYSIS

Major Nordic Bank Bans Bitcoin To Avoid Money Laundering Risks Then Gets Caught in Scandal

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Nordea Bank, the largest financial group in the Nordic countries, which banned Bitcoin in January, has been caught in a major money laundering scandal for allegedly receiving dirty money from two banks in the Baltics. Yale, a state-owned publication in Finland with over 3,500 employees, reported that finance authorities in …

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Many Loan: Crypto Lender SALT Now Takes Dogecoin as Collateral

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Dogecoin’s profile has been on the rise in recent months as investors have flocked to the altcoin while leaving others out in the cold. Cryptocurrency investors have another way to access capital without having to liquidate their portfolios. SALT Lending, which has issued more than $50 million in blockchain-backed loans, is capitalizing on …

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Apple’s Chip maker Braces For Dampening Crypto Mining Demand

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The world’s largest independent semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC) predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Taiwan is not only the world’s largest semiconductor foundry, but it …

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Tron Announces Partnership with Internet Giant Baidu

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Decentralized Internet project TRON (TRX) and China’s largest search provider Baidu will corporate on cloud computing resources, according to an official tweet from the TRON foundation. Whats the translation of this then? More hyperbole or actual moves being made.. — 🌐 J. (@jxs606) October 18, 2018 Tron Foundation revealed in …

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