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.
The National Science Foundation has awarded research grants on the science and applications of crypto-currency, with approximately $1 million awarded to date. The NSF initiative is part of the “Secure and Trustworthy Cyberspace” program for cybersecurity research and development to minimize the dangers of cyber technology, promote education and training in cybersecurity, establish a science […]
This is a guest post by Eugene Illovsky, a partner at Morrison & Foerster in Palo Alto. He advises on corporate compliance and represents companies in their interactions with government investigatory, enforcement, and prosecutorial authorities. What compliance expectations does the Department of Justice have for businesses entering the virtual currency space? How can a company meet […]
Long one of the most ambitious projects in the industry, decentralized application platform Ethereum is set to open to the public tonight.