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Crypto-currency exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of US$72mil (RM289.37mil) in Bitcoin rests on two flawed pillars.
The small Swiss canton of Zug, famed for the low taxes that have drawn multinational companies and hedge funds to its lakeside shores, is trying to turn itself into a hub for virtual currency firms.
The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said, resulting in a shipment of cotton to China from the United States.
Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.
Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis.
Look, you already know why you shouldn't be on your phone so much. There's even evidence that people ages 18 to 24 send more than 100 daily text messages and check their cellphones about 60 times per day.
Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry.
“Very wasteful” isn’t a phrase usually associated with Amazon.com Inc but that’s exactly how a mechanical engineering student described its approach to selling bananas.