Bitcoin

A woman from Italy who ordered her boyfriend’s murder via a website and paid a hitman in the digital currency bitcoin was sentenced to six years in a Danish jail on Friday.

The Italian woman, who has remained unnamed, hired the hitman on a site called Crime Bay. She wanted the hitman to murder her boyfriend, so she sent the hitman a photograph of the intended victim along with his address. She insisted that the hitman use a silencer and that he succeed in killing the victim on the first attempt.

With the price of Bitcoin reaching the peaks of $19,086 earlier today, it should come as no surprise the flood oof cryptocurrency-related news would reach the point of using the human body to mine crypto.

We’ve reached a point where a Dutch startup believes that human beings should be like they were in The Matrix, simply batteries to run the system. Founded in 2015, the Institute of Human Obsolescence (IoHO) is based in The Hague and presents itself as an organization devoted to exploring how individuals can capitalize on biological, and data production labor through art and research projects.

Sirin Labs, the Swiss-Israeli technology firm founded and by led by Moshe Hogeg, said on Thursday it had so far raised about $115 million in an initial coin offering to support the development of a smartphone and other products using open source blockchain technology.

When Deutsche Bank’s Global Financial Strategist Masao Muraki looks at the bitcoin market, he sees a market that is being “held up” by certain forces. In a December 14 research note titled “The identity of who is propping up the Bitcoin market,” Muraki and his team want to know who is holding up the bitcoin market and why is investing in cryptocurrency. Japanese men in their 30s and 40s are the biggest drivers of the bitcoin boom.

On December 12, Prime Minister Benjamin Netanyahu openly commented on the future of banking, seen through a youtube video. He believes that blockchain technology will replace traditional banks as a result of bitcoin’s growth this year.

With governments and Central Banks around the world concerned over the unstable growth of digital currencies, Netanyahu, a prominent world leader, expresses his honest opinions on the future of banking. The Prime Minister states in Hebrew: "Is the fate of banks that they will eventually disappear? Yes. The answer is Yes. Does it need to happen tomorrow? And do we need to do it through Bitcoin? That’s a question mark."

Ripple is the fourth largest cryptocurrency in the world but despite its recent growth, it still remains an unfamiliar name to most.

XRP, Ripple’s native currency, has taken the banking world by storm, soaring from under $0.01 to $0.30 a coin in less than a year. But why did its value suddenly increase by 4300 per cent? Ripple acts as a payment network, RippleNet, and a cryptocurrency, Ripple XRP.

As we promised in one of our latest blog posts, Eidoo is going to launch a tool called the ICO Engine to offer the chance for companies to organize token sales on our mobile app available both on Android and IOS in a safe and easy way.
Initial Coin Offerings are very popular right now, so we decided to prioritize the development of this new tool to exploit the growing success of this mean by which funds are raised.

The India’s Income Tax (I-T) department is trying to find a way to tax bitcoin transactions, news agency Reuters reported on Wednesday quoting officials. The I-T department’s intent may be seen in the light of the surveys it conducted at nine bitcoin exchanges across the country.