BLOCKCHAIN & CRYPTOCURRENCIES

BLOCKCHAIN & CRYPTOCURRENCIES

Bitcoin exchange Bitfinex sues Wells Fargo

A lawsuit filed by Bitfinex in Northern District of California federal court, San Francisco division could turn out to hold meaning for the entire bitcoin world. Read more: www.cryptocoinsnews.com

Ant Financial plans to double-down on blockchain

Ant Financial is planning to increase its emphasis, and use, of blockchain technology in an effort to provide more trustworthy data to its user base. Read more: e27.co

FCA publishes discussion paper on blockchain utilization

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called blockchain. Read more: www.crowdfundinsider.com

Russia set to legalize bitcoin by 2018, track every transaction

The Finance Minister of Russia has revealed state interest in tracking every cryptocurrency transaction ‘just like with bank operations.' Read more: bitcoinist.com

Qatari bank completes money transfer blockchain pilot

Qatar Commercial Bank has revealed the completion of an initial blockchain pilot enabling international funds transfers with a number of banks in the region and beyond. Read more: www.cryptocoinsnews.com

Bitcoin price to hit $500,000 by 2030

According to Peter Smith, Blockchain CEO/co-founder, and Jeremy Liew, Snapchat’s first investor, bitcoin’s price could hit $500,000 by 2030. Read more: www.cryptocoinsnews.com

Ukraine to launch blockhain deal with tech firm Bitfury

Ukraine has partnered with Bitfury Group to put a sweeping range of government data on a blockchain platform. Read more: www.reuters.com

Microsoft Office can now verify docs on the bitcoin blockchain

Microsoft is continuing its blockchain journey by integrating Stampery into Microsoft Office Outlook with cross-compatibility. Read more: bitcoinist.com

Bitcoin value rises over $1bn

Bitcoin is up nearly $100 in the past week, hitting levels not seen since mid-March after Japan legalized the cryptocurrency as a payment method. Read more: www.cnbc.com

IBM is going all in on blockchain for trade finance

Software giant IBM has been a leader in blockchain-based solutions targeting trade finance, launching solutions for Indian Mahindra Group. Read more: uk.businessinsider.com

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