Bitcoin

ISIS May Have A USD3M Bitcoin Wallet

According to a hacktivist off- shoot of Anonymous, Ghost Security Group has claimed that they have found a bitcoin wallet which contains $3 million that is linked to the self- proclaimed Islamic State terror group. Last Friday, the terrorist group has attacked Paris, killing over 130 people and injuring hundreds more. For a while now, […]

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FinCEN To Develop Bitcoin Training

Yesterday, the director of FinCEN Jennifer Shasky Calvery gave a speech at the ABA/ ABA Money Laundering Enforcement Conference in Washington DC. She stated that one of several in the US with jurisdiction over elements of the bitcoin ecosystem has collaborated recently with the IRS to educate its examiners on relevant aspects of the technology. […]

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Underground Vault – Bitcoins Protection

Bitcoin thefts and financial troubles of exchanges that trade the digital currency are opening the doors to a Silicon Valley startup called Xapo, which touts physical underground vaults in secret locations protected by armed guards. This week, Xapo announced it raised $20 million with the investment firms Benchmark, Fortress Investment Group and Ribbit Capital. Wences […]

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New Charges In The Coin.mx Case

Months after the first charges were submitted by the US Attorney’s Office for the Southern District of New York, a new indictment has been filed against the former operator of bitcoin exchange Coin.mx: Anthony Murgio. Anthony Murgio and Yuri Lebedev, the former operators of Coin.mx were arrested due to operating illegal bitcoin exchange. The federal […]

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Nakamoto For Nobel Prize In Economics

Satoshi Nakamoto, one of the greatest mysteries of the digital age who has created the digital currency bitcoin, has been nominated for the Nobel Prize in Economics. Bhagwan Chowdhry, a professor of finance at UCLA stated that he is using his official nomination to nominate Nakamoto for his work on digital currency. He penned an […]

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UK Chancellor Supporting Fintech

The Chancellor of UK, George Osborne wants to see his country as a capital of Fintech. In his recent meeting with the chief executive officer of Apple, Ti Cook at the Bank of England Open Forum, he stated, “I was thinking how extraordinary it was, you had a finance minister and the head of a […]

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itBit Won 10,000 BTC In The Final Auction

itBit, the New York- based bitcoin exchange announced that it has won 10,000 bitcoins that were auctioned off by the US Marshals Service. The bid by itBit was organized on behalf of the syndicate of the exchange’s and OTC trading clients. The director of Trading at itBit, Bobby Cho stated,“We confirm that itBit’s auction bid, […]

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CoinPayments Raised USD 100K In Seed

Altcoins payment processor CoinPayments has seen an increase in volume as more and more people use and spend cryptocurrencies. The payment processor has built around the popular altcoins allowing merchants to accept them. CoinPayments has developed a payment technology that allows businesses to process over 100 currencies with fully automated security features. They receive the […]

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First Bitcoin Bio-Payment Microchip

It sounds like Science-Fiction, but Juan Jose Tara Ortiz, an embedded system engineer, and Patric Lanhed, a developer at DigitasLBi in Sweden, have performed the world’s first verified bio- payment using bitcoin. They did implanted a microchip underneath the skin of Patric Lanhed’s hand. He taps the sensor to the Radio- Frequency Identification chip under […]

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What May Have Happened at Mt Gox

by Cameron Winklevoss – Founder, Winklevoss Capital It may be months or years before government authorities and industry experts across the globe get to the bottom of what happened to the ~750K BTC that purportedly went missing from Mt.Gox. By now, the basics of the exchange’s downfall are well publicized, but the actual substance and […]

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