An ICO is a popular way to raise money for a new
project by distributing a percentage of the initial coin supply among the early supporters and backers..
The Barclays Africa Accelerator programme is looking for start-ups with capability in machine learning, lending, digital banking solutions, trading, cyber security, data analytics, payments,
, insurance, wealth management and beyond..
The total value of all bitcoins in circulation is now above $14 billion, as the
jumped 5% to its highest levels in three years..
's value has been highly volatile – after rocketing above $1 100 in 2013, it had fallen to around $150 by early 2015. But it has since stabilised, staying above $500 for the past six months.
Blockchain first emerged as the software underpinning
Tackett added the breach did not "expose any weaknesses in the security of a blockchain", the technology that generates and processes Bitcoin, a Web-based "
" that can move across the globe anonymously without the need for a central authority..
"Building on the experience gained by WEF, the Singularity University, the Deloitte
cryptocurrency Community (DC3) and the MIT MediaLab Digital Currency Initiative, we set off on a journey to realise a series of artefacts that would ultimately become part of Deloitte Digital Bank," says Thys Bruwer, director, Deloitte Digital Africa. "We have developed unique artefacts that adhere to essential design principles such as currency-agnostic supports and near real- time processing of payment transactions.
Fearmongering by the authorities, however, is misleading and misplaced. Mostly, criminals deal in cash.
Via messages on their now-hijacked PC, users are guided through a step-by-step process and instructed to pay the ransom in the
cryptocurrency Bitcoin. As more time passes, the Petya Web site notes that the ransom price increases.
It's well known that bitcoin has died a number of times, most recently, it appears, in March this year, when a well-known software developer in the
cryptocurrency community said he was throwing in the towel..
, Sweatcoin, rewards users for physical movement. It is the second digital ‘fitness' currency to launch within a few months.
The entrepreneur who claims he is the enigmatic creator of the
says he will no longer provide further evidence..
Uncovering Nakamoto's real identity would solve a riddle dating back to the publication of the open source software behind the
in 2008, before its launch a year later..
Charles Elliman, head of business development at PayU EMEA, says: "As with any new technology, but especially for matters related to finance, it takes time for people to develop trust. In this case, trust in the
, and in companies that provide Bitcoin services.
This was the Blockchain and Bitcoin Africa Conference 2016, where industry CEOs, engineers, entrepreneurs, and even a US federal prosecutor, gathered at The Core in Johannesburg to discuss the future of the
Mike Hearn ends his involvement with the
after denouncing it in a blog post..
Australian Federal Police raided the Sydney home on Wednesday of a man named by Wired magazine as the probable creator of
bitcoin, a Reuters witness said..
Blockchain is the open, secure and distributed database that powers the more infamous
cryptocurrency BitCoin. Craig Leppan, Director of Business Development at Ovations says that Blockchain is in short a public ledger of transactions and can best be described as a massive distributed Google spreadsheet, on which participating users are constantly looking to add entries about a consistent set of transactions, but that can't be tampered with, even by its administrator.
Australian businesses turn their backs on Bitcoin, as signs grow that the
cryptocurrency's mainstream appeal is fading..
Bitcoin, a Web-based "
cryptocurrency" sold through exchanges, provides a vehicle for moving money across the world quickly and anonymously without the need for third-party verifications..