FDCS of Russia: Drug Dealers Use Bitcoin 20 Times as Often

According to RIA Novosti, Dmitri Buyanov, eputy head of the Federal Drug Control Service of the Russian Federation, has stated that Russian drug dealers started using cryptocurrency twenty times as often during the last year.

Russian Company Acronis to Develop a Blockchain Project

According to Vedomosti, Russian developer company Acronis intends to integrate blockchain technology in its backup solutions. Acronis, headquartered in Singapore, develops storage and backup software solutions for international markets. According to the company’s CEO, Sergei Belousov, 3% of overall sales account for Russia, 40% for Europe, 35% for Americas, and.

The Bitcoin Roundtable Proposes Hard-Fork Timeline

Following an 18 hour-long meeting in Hong Kong, a group of miners representing nearly 80% of the network’s hash power, alongside with representatives of several prominent exchanges, issued a timeline for introducing a hard-fork solution.

Museum of The Future Launches Global Blockchain Coincil in Dubai

The Museum of the Future, an innovation center in the United Arab Emirates, has announced it creates the Global Blockchain Council, incorporating 32 members, including three blockchain startups, BitOasis, Kraken, and YellowPay. Other members of the council are government entities and international technological corporations, like Cisco, IBM, SAP, and Microsoft..

MtGox Trustee States Creditor Repayment Has Made Significant Progress

Kraken, a cryptocurrency exchange assisting the trustee for MtGox collapse investigation, has released a statement on his behalf, noting that reviewing of claims from the defunct exchange’s customers has made a significant progress. MtGox halted operations in February 2014, when then-CEO Mark Karpeles stated the exchange had suffered from a.

Mizuho Intends to Use Blockchain in its Internal Recordkeeping

Mizuho Financial, one of Japan’s three largest banks, has announced it intends to integrate a blockchain-based solution for internal recordkeeping purposes. “We are pleased to be among the early adopters of blockchain technology in Japan to make our processes and workflows faster and more efficient,” stated Toshitsugu Okabe, deputy president.