BitPay Launches Open Source, Multisig Wallet Copay

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 […]

Overstock to Issue "Digital Corporate Bond" on Bitcoin Blockchain

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 […]

Exclusive: Possible $500,000 Bitcoin Cloud Mining Ponzi Scheme Uncovered

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 […]

Get Your Security Deposit Back With Bitcoin

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 […]

LifeLock Sues Xapo Executives Over Bitcoin Wallet Intellectual Property

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 […]

Bitcoin Price Erratic; Here are our Weekend Targets

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 […]

Lawsuit Against Xapo’s Founder Could Prove to be Fatal For the Bitcoin company

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, […]