Bitcoin Weekly 2016 April 13: Storj beta added to Azure BaaS ecosystem, ShapeShift hacked, Kraken Series B …

Looks like blockchain is continuing to get a great deal of attention this week with Intel outlining plans for its “Sawtooth Lake” distributed ledger program and Storj beta being launched on Microsoft’s Azure Blockchain-as-a-Service platform.

In not-so-great news, Erik Voorhees’s ShapeShift cryptocurrency exchange service was hacked and is still offline pending an investigation into how it happened.

Today the Bitcoin market value is at $424.57 USD ( and that’s very close to what it was last time the Bitcoin Weekly was published. During the week the price saw a dip down to $415 and it also hovered up near $427. So far the market value has maintained within the $410 to $430 band over the past month.

Intel releases plans on blockchain technology with “Sawtooth Lake”

Globally renown chipmaker company Intel Corp. has been working hard on developing distributed ledger technology (i.e. blockchain technology) and recently outlined its future plans with the “Sawtooth Lake” project.

The Sawtooth Lake project is described by Intel as a “highly modular platform for building, deploying and running distributed ledgers,” and it will be submitted to the open-source Hyperledger Project run by the Linux Foundation.

Intel included the source code for

Read more ... source: TheBitcoinNews