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Now that EPIC has achieved its main goal, the group will consider disbanding. The decision whether or not to do so will be debated at EPIC’s annual general meeting next month.
a €25 million ($30.48 million) securities lending transaction using block chain technology based software. The transaction is an example of real-world use of block chain technology in the field of capital markets.
was in the news for all the wrong reasons last week as the cryptocurrency exchange was hacked and millions were stolen. The company has now announced that it plans to pay back customers who had their Bitcoins stolen. Coinsure also announced a 10% bounty to anyone who can help in their recovery.
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Top tier online casino operators enjoyed a lucrative Australian gambling market and will do all they can to maintain their foot in this market. The question that remains to be asked is whether it will be worth these companies’ while to remain in Australia. Given the high taxation and licensing fees that the bill proposes, many companies will decide that it is not financially viable to set up shop in Australia. What is the alternative then, for companies that want to stay in the market but can’t afford to do so? They could continue offering their services as they have until now, of course, but that would mean that, officially, they are operating illegally under Australia’s new laws. The companies with a brand name to protect, meaning those companies who have a strict policy of avoiding ‘black markets’ at all costs, such as Microgaming, will have no choice but to leave the Australian market.
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The value of one Bitcoin in December 2016 was below the $1,000 mark. Bitcoin which is the most popular cryptocurrency saw an exponential increase in value and