Japanese authorities will be arresting Mark Karpeles, former CEO of Mt. Gox, at one time the largest Bitcoin exchange in the world. Investigators claim that Karpeles played the system for years, skimming bitcoins while the exchange was actually in debt. It is now commonly believed that the exchange may have been broke since as early […]
US retail giant Overstock has sold $5m of a recently issued “cryptobond” to FNY Managed Accounts, a New York-based trading firm.
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 […]
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, […]
In an interview with Bloomberg’s Rishaad Salamat on “Trending Business”, BTC CEO Bobby Lee maintains that bitcoin is a viable digital currency. According to a Goldman Sachs study, 80% of the world’s bitcoin trading volume are in renminbi, which suggests that majority of it takes place in China. Lee cites that people all over the […]
An 8,000-acre wildfire, dubbed the ‘Rock fire’, threatens the so-called Block Chain Valley, according to lone resident Morgan Rockwell. Having started at approximately 4:10pm on Wednesday, the fire has already destroyed several outbuildings. The local newspaper, Lake County News, has been experiencing a denial of service attack for hours amid the fire. In Upper Lake, […]
CryptoBullion is one of the oldest alternative digital currencies. In an attempt to innovate and stand out from other cryptocurrency projects, the CryptoBullion team is pleased to announce an unprecedented Proof-of-Stake-Participation algorithm and expansion into the emerging Chinese market. The CryptoBullion team is extremely interested in keeping CBX on the cryptocurrency technology leading edge. Designed […]
Stripe, a digital payments startup company founded five years ago, offers simple software and services for online merchants. It is similar to PayPal in that it accepts payments through credit or debit cards and charges small fees for these transactions. The company has been able to gain additional backing from investors like Visa, American Express, […]
The Tokyo Metropolitan Police is reportedly pursuing fraud charges against Mt Gox CEO Mark Karpeles.
A new report from Kaspersky Lab shows that developers continue to target users with malware geared toward illicitly generating or stealing bitcoins.