Day: December 17, 2018

Business
Exchange
Security

Exchange Volumes Report: Many BTC Pairs Have True Volume Under 1% Of Reported Volume

December’s Exchange Volumes Report by the Blockchain Transparency Institute (BTI) reveals that from CoinMarketCap’s top 25 Bitcoin (BTC) trading pairs, most have actual volumes of less than 1% of what is being reported by the exchanges. Known as wash trading, exchanges and traders use bots and automated tools to wash trade in order to inflate the […]

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Business
Finance
Public Sector

BBVA and Porsche Execute First Blockchain Acquisition Term Loan

A report by FinTech Futures reveals that BBVA and Porsche Holding Salzburg have closed a term loan to back retail acquisitions within Europe and Asia. The loan is reported to be worth €150 million. BBVA claims this is an industry first: This is not only the first acquisition term loan ever arranged through blockchain technology, but Porsche […]

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