Ross Ulbricht’s legal defense filed a reply to the government as part of his appeal this week. On behalf of Ulbricht, who was sentenced to double life in prison without parole for operating the Silk Road dark marketplace under the alias Dread Pirate Roberts (DPR) more than a year ago, attorney Joshua Dratel disputes the […]
In a new partnership, LexisNexis Risk Solutions, a global big-data technology and analytics firm, has integrated its anti-money laundering data into Elliptic’s Bitcoin transaction monitoring and compliance products. As a result, clients of Elliptic’s blockchain intelligence service can obtain more meaningful insights by automatically screening Bitcoin entities for links to sanctions, enforcement, politically exposed persons, […]
Once the “silver to bitcoin’s gold”, the developers behind long-running digital currency litecoin are seeking to reestablish its market position.
Ethereum Foundation advisor William Mougayar offers his thoughts on the how blockchains could change the way we work and how we are compensated.
Jack Liu, chief strategy officer at OKCoin, the largest bitcoin exchange, assured customers that bitcoin is still a sound currency, despite the recent hack at Bitfinex. OKCoin keeps 95% of its deposits offline, according to Nikkei Asian Review. The theft of the 119,756 bitcoins from Bitfinex marks the second-largest security breach on a cryptocurrency exchange […]
Raphael Nicolle, the elusive founder and CEO of Bitfinex, “invested” in a number of Ponzi schemes in 2012 and loudly supported Trendon Shavers who was recently sentenced to 18 months in prison for running a “classic Ponzi scheme.” We can further reveal that Raphael Nicolle, who, in 2012, claimed to be a 26-year-old living in […]
Bitfinex has alerted of phishing emails being circulated from an address that is made to appear to be one of its email addresses. The distressed company notes in a blog post on its website that the email is not from any @bitfinex.com address but from @ibitfinex.com, stressing the additional i. Bitfinex states: We like to stress this […]
CoinDesk explores the impact of the Bitfinex hack on perception of multi-sig wallet technology, a security feature used by the exchange.
The Chamber of Digital Commerce, a trade association dedicated to promoting the understanding, acceptance and use of digital assets and blockchain technology, has announced the launch of the Smart Contracts Alliance (SCA), an industry initiative to promote the real-world application of smart contracts, educate and enhance the understanding and adoption of smart contracts, provide a […]
Last month, the European Commission published a draft directive proposing to extend anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. The draft suggests that many Bitcoin companies operating within the European Union will need to apply know-your-customer (KYC) types of checks on their users, to be enforced by 2017. Phrasing […]