Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $20,000 in BTC in exchange for the terrorists to “give the command to my person to get away.” At least one address...
Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA’s ever-developing distributed ledger technology (DLT) platform. The loan, valued at €150 million (the equivalent of nearly $170 million USD) is, says a press release from BBVA: “The first acquisition term loan ever arranged through blockchain technology.” Acquisition term loans are...
Big things are happening over in Zuffenhausen, Germany, headquarters of Porsche. According to a Porsche press release, the automobile powerhouse is making a major push towards integrating blockchain technology into its cars. In a partnership with XAIN, a tech startup located in Berlin, Porsche is reportedly working on developing blockchain applications with its cars. Things like locking and...
German automaker Porsche is seeking founders and startups in the blockchain industry to participate in a contest as it seeks to explore blockchain solutions for the company. Announced this month, the Porsche Innovation Contest is luring developers and startups in the blockchain space with prize money and possible participation in an accelerator program. It is the first clear indicator of the...