Copyright © 2017-2019 LHCrypto
All rights reserved.

Some information about us

Canaan Creative IPO, Samsung plans, Santander about Ripple

01/11/2019
|
  • blockchain_finance
News list

The manufacturer of ASICs is planning an IPO, Samsung is hoping for decentralization. Santander Bank on cooperation with Ripple.

Canaan Creative Plans New York IPO

One of the largest producers of ASICs, Canaan Creative, announced plans to hold an IPO on the New York Stock Exchange. According to Bloomberg, such plans are currently in the early stages of discussion. The past year was not easy for manufacturers of mining equipment. The industry leader, Bitmain, reported a record loss. The fourth quarter showed that its capitalization fell by $ 740 million.

Canaan Creative has already tried to conduct an ICO in Hong Kong, but it failed to do so. Experts recognize that now is not the best time for the initial public offering. If the fall in the price of cryptocurrency continues, plans may remain unfulfilled. And then the equipment manufacturer under the Avalon brand will have to look for other sources of financing.

What new in blockchein

Canaan Creative Plans New York IPO

Samsung puts on decentralization

In the South Korean company Samsung have shown great interest in blockchain technology, since it will allow to decentralize information processes. This was stated by one of the leaders of the corporation Ricardo Mendez.

The company believes that technology leads to a natural centralization, which in the long term leads to certain vulnerabilities. Blockchain is able to change the balance of power and make progress more stable. Back in 2018, Samsung registered the trademark of its own cryptocurrency wallet. However, here they have denied plans to introduce cryptocurrency storage in their gadgets. At least there are no such plans in the near future.

Samsung puts on decentralization

Santander and Ripple

Spanish bank Santander has been using Ripple fast transfer technology for two years, and is completely satisfied with this cooperation. Up to 50% of the transactions of his clients are made through the Ripple One Pay FX application for mobile transfers. During this time there have not revealed any technical problems. Transaction processing speed is out of competition compared to traditional payment methods.

Now the bank is studying the issue of expanding the scope of services provided. Currently, only bank account holders can make currency transfers. Santander strives to move away from this restriction and to make the service available to all individuals.

Santander and Ripple

Are you ready to start?
Open Account Be a Partner

LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

This website is maintained and supported by the following legal body:

LARSON AND HOLZ IT LTD

All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

The services provided by this project are not available for: residents of USA, North Korea, Sudan and Syria.

visa mastercard 3D secure visa 3D secure mastercard