The banknote ban in India is causing some rather unexpected results. Axis Bank’s Noida branch suffered from a similar incident as what happened to Wells Fargo customer not took long ago. Bank employees opened fictitious bank accounts to deposit a lot of money, allowing them to bypass the current demonetisation plans. Banks remain the perfect […]
Ether Camp, the organizer of the biggest hackathon in the blockchain space is up with its second edition. The Virtual Accelerator (VA) was launched with the intent of providing transparent and true acceleration to blockchain developers around the world. Transparency is the key for the Virtual Accelerator. There are different ‘camps’ of developers from around the world participating in it. The developers of various ‘camps’ work […]
The post Bitcoin Miner Review: The AvalonMiner 721 (Avalon 7) – Is it Worth it? appeared first on 99 Bitcoins. In a very unusual move, Avalon, the company that first introduced ASIC chips to Bitcoin mining has released a new miner to the market. The AvalonMiner 721 (or more commonly known as Avalon 7) seems […]
News of the recent collaboration between Britain’s Royal Mint and Chicago-based derivatives exchange CME Group has renewed conversations regarding the intersection between blockchain technology and gold assets. This relationship has led to the creation of an innovative and cost-effective approach to the trading, executing and settling of gold transactions worldwide. Scheduled to launch in 2017, […]
A new report from Coin Center examines the “blockchain” buzzword to help regulators avoid all the noise and get down to the implications of the various financial technologies that have been inspired by Bitcoin. In the report, which was authored by Coin Center’s Peter Van Valkenburgh, permissionless blockchains are described as essential to the future […]
Born as a rebellion against Ethereum’s hard fork to retrieve funds from The DAO after it was “hacked” last summer, Ethereum Classic has increasingly formed a unique identity since. The continuation of the “original,” pre-fork Ethereum project seems to be letting go of plans as established by the Ethereum Foundation, and instead navigates a distinct path forward. The development community around […]
Bitcoin prices managed to reach one week above $760 early on 14th December. During this seven-day period, these prices reached a 2016 high of $788.49. Source
ATMs are arguably one of the most convenient inventions around. No matter where you are or what you’re doing, you can walk into a store or bank somewhere and withdraw cash without the long transaction process invoked by a teller. It’s a simple system, yet somehow manages to make all the difference in one’s day. […]
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A Coinbase customer has gone to court to stop the IRS from subpoenaing user data from the bitcoin and ether exchange startup. Source