The new system will use 99.95 percent less energy, according to the Ethereum Foundation.
Islamic finance – an amalgamation of Sharia law and modern banking – has become a $2 trillion business over the past two decades, covering everything from bonds to buying cars.
As the use of cash declines and interest in cryptocurrencies grows, some financiers think it’s time for central banks to enter the e-money market. But experts think otherwise.
The social networking giant assigns new roles to top executives in the aftermath of a huge privacy scandal involving the now-defunct Cambridge Analytica.
Soaring demand for the cryptocurrency has pushed it up by 45 percent since last Thursday and more than 180 percent for the year so far. A Bitcoin is now more than double the price of gold.
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