Bitcoin Firm Elliptic Wins "Security Project of the Year"

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 […]

Microsoft Bing Rewards Now Includes Bitcoin Contest

Your internet searches can earn you bitcoins. How? All you have to do is search for any webpage on Microsoft’s Bing search engine instead of typing the URL into the browser’s address bar. However, there is a catch. It works only in Bing Rewards supported regions. In a recent development, Microsoft has entered into a […]

Master of Mt Gox, Mark Karpeles Picked Up by Japanese Cops

Mt Gox, the largest bitcoin exchange at one time before its downfall attributed to alleged hacking attack is in the news again. This time, it is due to the arrest of the now defunct exchange’s former head. The Japan based Mt Gox allegedly lost over 850,000 bitcoins amounting to over $450 million at that time […]

Ethereum Genisis Block Released

The first live release of the Ethereum project has been finally released. Last Thursday, August 30, users have generated and loaded the Ethereum Genesis block, marking the launch of Frontier the newest Ethereum application. Since the first commit on Christmas Eve 2013, the Development team has been working hard and is now very pleased to […]

Cannabis Industry Bank Application Rejected By Federal Reserve & NCUA

A Colorado credit union wants the states’ marijuana industry to bank with it. Its fate, however, is up to a federal judge after Fourth Corner Credit Union filed a pair of lawsuits in Denver this week against the US Federal Reserve and the National Credit Union Administration. The two federal institutions denied the Credit Union’s […]

Bitcoin Trading Pulls Price Below $280

Bitcoin trading has sold price down inside a descending channel. The failed attempt on $300 has cooled bullish exuberance and the market enters the weekend in a somber mood. Several indications that price may consolidate above $270 are showing in the chart. This analysis is provided by xbt.social with a 3 hour delay. Read the […]