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Bitcoin And Remittances: Can It Work?NasdaqBitcoin
proponents have long been eyeing one of fiat currencies' most vulnerable areas: international borders. Where one currency ends and another begins, what should be a straightforward transfer of value quickly becomes a headache—often an ...
Posted on 3 August 2015 | 11:56 am
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Posted on 3 August 2015 | 10:29 am
Embattled bitcoin ATM maker Robocoin is facing yet another upset, this time in the form of a customer lawsuit.
Posted on 3 August 2015 | 9:25 am
London-based bitcoin firm Elliptic has been awarded "Security Project of the Year" by The Banker magazine. In its second edition, The Banker's Technology Projects of the Year awards, claim to celebrate the "most innovative and transformational contributions to financial services technology around the world". Adam Joyce, CTO and co-founder, said in a company post that […]
Posted on 3 August 2015 | 9:04 am
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A Scottish bitcoin trader had thousands of pounds returned to him after they were seized by police during a money laundering investigation in May.
Posted on 3 August 2015 | 4:59 am
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Posted on 2 August 2015 | 8:58 am
Eris COO Preston Byrne talks misconceptions about his firm, which is among the more notable to claim the blockchain can exitst without bitcoin.
Posted on 1 August 2015 | 6:00 pm
As Mark Karpeles was being arrested on August 1, 2015, his former employee Ashley Barr, who operated under the name “Adam Turner,” took to Reddit to answer questions about his time at Mt.Gox. In his introduction, Barr wrote, “I was hired by Mark [Karpeles] in June 2011 to help him handle the crazy inbox at Mt.Gox during bitcoin’s initial rally. In January 2012 I was asked to become Mt.Gox’s CEO, a process which led to my dismissal in May 2012. My statement along with other ex-employees have led the Tokyo Metro Police’s arrest on embezzlement and ‘illegal manipulation of accounting.’ “We plan to eat pizza in front of Mark while he is in prison…” Barr talked openly about the work […]
The post Ashley Barr Reveals New Details about Mt.Gox Operations after Karpeles’ Arrest appeared first on Bitcoin Magazine.
Posted on 1 August 2015 | 3:47 pm
Diamonds are forever, and now a new startup – Everledger – is making a case that diamonds are for ledgers.
Posted on 1 August 2015 | 5:30 am
Japanese police arrested Mt Gox CEO Mark Karpeles today on allegations that he manipulated volume on the platform prior to its collapse.
Posted on 31 July 2015 | 8:53 pm
US retail giant Overstock has sold $5m of a recently issued "cryptobond" to FNY Managed Accounts, a New York-based trading firm.
Posted on 31 July 2015 | 3:03 pm
This week's media coverage, though interrupted by the launch of Ethereum's decentralised app network, largely scrutinised bitcoin's reputation.
Posted on 31 July 2015 | 11:41 am
Zone Startups India, BitStreet and Block Chain University are hosting India’s first bitcoin hackathon at the Bombay Stock Exchange in India named “HackCoin Mumbai.” The hackathon will be joined by over a hundred developers looking to build blockchain-based applications for payments, big data and digital experience. “There are three problem statements – one for each theme,” explained Ajay Ramasubramanian, project head of Zone Startups India. “There are possibilities for the winning outputs to be rolled out into full-scale projects.” The hackathon is sponsored by Microsoft, IBM and Citruspay, and the executives of these companies will participate in the event as mentors and panelists. “What we are really excited about is not only that we are the first fintech hackathon in […]
The post HackCoin: Bitcoin Hackathon in India Sponsored by Microsoft, IBM and Citruspay appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 11:20 am
Ripple Inc., payment gateway for hundreds of assets and digital currencies has announced the closure of btc2ripple gateway for all US residents starting September 1, 2015. Btc2ripple gateway is one of the hundreds of gateways on the Ripple Trade platform which is used to purchase or trade BTC to XRP (Ripple’s IOU). On September 1, Ripple will shut down the btc2ripple gateway for all U.S. residents, which will disallow any Americans from purchasing or depositing BTC using Ripple Trade accounts. Btc2ripple is operated by a Lithuanian company UAB SKV3, located in Vilnius. The decision to shut down the BTC to XRP gateway was finalized by UAB SKV3, not Ripple Inc. In a statement, the btc2ripple team announced, “We are discontinuing the […]
The post Bitcoin to Ripple Gateway to Shut Down for US Users appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 11:00 am
One of the strengths of Ethereum is its decentralized nature, giving it a wider, more stable base. There are Ethereum project teams in different parts of the world, including Amsterdam, Berlin, Switzerland and Brazil. (For example, Geth was deployed by the Amsterdam team while Eth was produced by the Berlin team.) If there is a center to Ethereum, it would be in the beautiful town of Zug, Switzerland, home of the Ethereum Foundation that oversees the project’s finances, manages the funds raised in the Ether sale and determines the long-term vision and direction of Ethereum. Stephan Tual, chief communications officer for the Ethereum project, told Bitcoin Magazine that the new executive director and board members represent a fresh start, a […]
The post New Ethereum Foundation Executive Director and Board Members Signal a Reboot for Ethereum appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 10:37 am
Deutsche Bank is exploring the use of the blockchain for a variety of potential applications, according to a recent letter from the German megabank.
Posted on 31 July 2015 | 10:07 am
A new partnership between Bing Rewards and startup Tango Card will let users of the search engine receive rewards in bitcoin.
Posted on 31 July 2015 | 8:20 am
A company near San Fransisco has come up with a novel way to deliver bitcoin-purchased marijuana, via drone.
Posted on 31 July 2015 | 3:49 am
The Tokyo Metropolitan Police is reportedly pursuing fraud charges against Mt Gox CEO Mark Karpeles.
Posted on 30 July 2015 | 2:08 pm
A new report from Kaspersky Lab shows that developers continue to target users with malware geared toward illicitly generating or stealing bitcoins.
Posted on 30 July 2015 | 12:51 pm
The National Science Foundation has awarded research grants on the science and applications of crypto-currency, with approximately $1 million awarded to date. The NSF initiative is part of the “Secure and Trustworthy Cyberspace” program for cybersecurity research and development to minimize the dangers of cyber technology, promote education and training in cybersecurity, establish a science of cybersecurity and convert promising cybersecurity research into practice. The NSF grant has been awarded to Emin Sirer at Cornell University (grant information here), Elaine Shi, Michael Hicks, Jonathan Katz and David Van Horn at the University of Maryland (grant information here), and Dawn Song at the University of California-Berkeley (grant information here). Emin Sirer, an associate professor of computer science at Cornell University, researches […]
The post National Science Foundation Awards Research Grants on the Science and Applications of Cryptocurrency appeared first on Bitcoin Magazine.
Posted on 30 July 2015 | 11:49 am
This is a guest post by Eugene Illovsky, a partner at Morrison & Foerster in Palo Alto. He advises on corporate compliance and represents companies in their interactions with government investigatory, enforcement, and prosecutorial authorities. What compliance expectations does the Department of Justice have for businesses entering the virtual currency space? How can a company meet those expectations to stay out of trouble with DOJ, or at least mitigate the effects of any criminal inquiry on it as well as its executives, employees and investors? A recent speech by the Criminal Division head, Assistant Attorney General Leslie Caldwell, provides critical guidance on DOJ’s “approach to the emerging virtual currency landscape” and expands on its view that “compliance and cooperation from exchanges, […]
The post Five Recommendations for Bitcoin Companies to Ensure Compliance with the Department of Justice appeared first on Bitcoin Magazine.
Posted on 30 July 2015 | 11:38 am
Long one of the most ambitious projects in the industry, decentralized application platform Ethereum is set to open to the public tonight.
Posted on 30 July 2015 | 9:44 am
The founder of Australia-based bitcoin exchange igot has refuted claims that his business is a scam.
Posted on 30 July 2015 | 5:47 am
US presidential candidate Rick Perry has stated he supports "regulatory breathing room" for digital currencies such as bitcoin.
Posted on 29 July 2015 | 1:53 pm
Blockchain startup Ripple Labs has added a former US Treasury Department official to its board of advisors.
Posted on 29 July 2015 | 12:19 pm
A new survey has found that consumers believe bitcoin to be more inconvenient to use than traditional payment methods.
Posted on 29 July 2015 | 12:05 pm
Three US universities are set to conduct research on cryptocurrencies using roughly $3m in grant funding from the National Science Foundation.
Posted on 29 July 2015 | 10:55 am
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Russia's media watchdog has told Zuckerberg Pozvonit, a local tech news site, it must delete or edit a bitcoin-related article.
Posted on 29 July 2015 | 4:56 am
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