Crypto Mining Made Up 10% of AMD's Revenue in Q1 – CoinDesk

Cryptocurrency mining demand accounted for as much as 10% of AMD’s first-quarter revenue this year, according to the chip maker. “The strength in Radeon products was driven by both gaming and blockchain demand. We believe blockchain was approximately 10% of AMD revenue in Q1 2018,” chief financial officer  said Devinder Kumar during an earnings call … Read more

BBVA Issues $91 Million Loan Using Two Blockchains – CoinDesk

Spanish banking giant BBVA has completed a pilot that issued a €75 million ($91 million) corporate loan using two different blockchain technologies. According to a report from the Financial Times on Thursday, the bank’s latest exploration of the technology focuses on the entire issuance process, including negotiation of terms and signing the corporate loan. The … Read more