After a year of beta testing, the first version of BitPay’s multi-signature wallet Copay was released on June 3. Copay is a multi-signature wallet built on BitPay’s Bitcore, an open-source platform for bitcoin- and blockchain-based applications. Copay multi-sig wallet is a shared bitcoin wallet, in which each owner holds a unique private key and the […]
E-retail giant Overstock has announced it will utilize colored coins to issue what it calls a “digital corporate bond”, or a cryptocurrency-based security, based on the bitcoin blockchain. The company said in a 5th June press release the issuance forms part of its development of cryptographic security technology aimed at reducing trade settlement friction. Overstock previously expressed […]
Russel Brand does it again! Russel comes out in play on his new Trews video where he says: “The internet is a world of potential and possibility but it can also become a murky dangerous place. Ross Ulbritch proper hardcore life inpresionment gives us an opportunity to discuss, who does the internet the internet belongs […]
Roughly nine months ago, Bitcoin Foundation Chief Scientist Gavin Andresen made a rather interesting comment on Reddit in which he claimed, “I suspect many [cloud mining companies] will turn out to be Ponzi schemes.” There have been a few cloud mining scams uncovered over the past year or two, and it appears that another one […]
A New York City man was robbed of more than $1,100 in bitcoin at gunpoint late last month.
In most jurisdictions, security deposits are intended to provide landlords with a financial guaranty against nonpayment of rent or excess damage to a rental property during tenancy. In the past the primary way to provide this guarantee has been for the tenant to deposit funds, in trust, with the landlord. The landlord takes custody, but […]
Bitcoin bank and payment processor Xapo faces uncertain waters as much of the company’s executive team is being sued for contract violations. The misgivings center on the last months that Xapo co-founder and CEO Wences Casares, along with other Xapo employees, worked for the mobile wallet Lemon. In December 2013, the $1.5 billion online security […]
The BitLicense may have dominated media coverage this week, but a deeper dive show many of bitcoin’s larger problems linger on.
Earlier on this morning we published our twice-daily bitcoin price watch analysis piece. In the piece, we highlighted the levels that we would be keeping an eye on in the bitcoin price throughout the Friday European session, and suggested a couple of potential targets and stop losses for the day’s action. Now we have seen the bitcoin […]
According to Fortune, identity theft protection company LifeLock has filed a lawsuit against the Zurich-based Bitcoin cold storage vault provider Xapo’s founder Wences Casares and four other employees. In its complaint, LifeLock is asking the court to coerce the founder and others to expel “the value of the Xapo product attributable to Defendants’ misrepresentations, omissions, […]