Militant Islamists in Indonesia have doubled financial transactions via bitcoin and PayPal, the authorities report. The popular messenger is used to instruct newbies.
The solution will provide for a cheaper and more efficient derivative processing across the industry and may go live in early 2018.
The distributed ledger technology will help the industry to save up to $1 billion on transactions. The pilot version may be launched as early as January.
Six finalists of the competition will receive $50,000 each. The blockchain incubator promises the winners mentorship sessions with Michael Terpin and Roger Ver.
Bitcoin volatility in the first week of 2017 exceeded 28%. The cryptocurrency rose to the record $1150, then fell below $820.
It was a long year. From total blockchainisation to cyberattacks to tremendous bitcoin price growth, CoinFox reviews the things that have changed the blockchain world.
The US Internal Revenue Service demanded the US District Court of Northern California to reject a Coinbase defender’s motion opposing the taxmen getting access to users’ data.
In his forecast, Stepan Gershuni, Product Manager at BitFury, lists four necessary elements for steady development of the cryptoeconomy in the upcoming year.
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