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Cryptocurrencies had an incredible year in 2017: Bitcoin jumped more than 1,300%, Ethereum rallied 8,600%, and the overall cryptocurrency market rose to nearly US$650 billion by the end of the year, an astronomical 3,720% increase compared with January's "tiny" US$17 billion market capitalization. 2017 was the year that smaller, lesser...
A new blockchain-based cross-border payments solution developed by IBM in partnership with the Stellar Development Foundation and KlickEx Group is set to significantly reduce transactions costs and increase transaction speeds for both businesses and consumers. The solution aims to eliminate the inefficiencies in current cross-border payment systems, including high fees,...
The Stellar Development Foundation, the non-profit organization that oversees the Stellar open source payment network, has announced new partnerships to power cross-border payments in Europe, Africa, India and the Philippines. Coins.ph, Flutterwave, ICICI Bank and Tempo have joined the Stellar ecosystem. All are looking at leveraging the Stellar network to...
Core Developers Join MIT's Digital Currency Initiative Gavin Andresen and other leading Bitcoin Core developers are joining the MIT Digital Currency Initiative. The Bitcoin Foundation previously served as the primary funding source for Bitcoin Core development. We covered the Bitcoin Foundation's serious financial issues, and we were told by former board member...

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