Ex-U.S. Agent Charged With Bitcoin Theft to Plead Guilty

In March of 2015, two federal agents who helped conduct one of the major investigations in the Silk Road case allegedly stole thousands in bitcoin confiscated from the online dark marketplace. The two agents, Shaun Bridges and Carl Force from the Drug Enforcement Administration and the U.S. Secret Service, were charged with several offenses including […]

Ripple Labs Joins Fed’s Faster Payment Task Force

Creators of the Ripple payment protocol, Ripple Labs, have been elected to the Federal Reserve’s Faster Payment Task Force Steering Committee. The Fed created the Faster Payment Task Force earlier this year to tackle the challenge of upgrading the United States’ outdated payment infrastructure, which lags behind Europe, and, in some cases, emerging markets such […]

Russian Central Bank Governor: The Market Will Welcome Bitcoin

According to information provided last week to the Russian newspaper Izvestia, the Russian Central Bank will meet with representatives of the financial community to establish a position on Bitcoin and cryptocurrencies in general. A source close to the Bank of Russia told Izvestia that the governor might be open to cryptocurrency and that the central […]

Bitcoin Dictators Inflate Block Size Debate

The motion in Bitcoin’s Ocean – size does matter. Ex-Bitcoin Foundation developer Gavin Andresen and Bitcoinj Author Mike Hearn, think Bitcoin needs a benevolent dictator to affect change. Maybe they need a reminder that Bitcoin’s purpose is to replace monetary dictators with Computer Science. Dictators, no matter how benevolent, are the ultimate act of centralization. […]

Kraken’s Bitcoin Dark Pool to Address Trading Issues

Kraken, a bitcoin exchange based in San Francisco, recently made a press release regarding its dark pool service for traders. This can address the usual trading issues in the network, as the market is still relatively small in volume, making large orders capable of moving prices significantly. With a bitcoin dark pool, other traders can […]

Bitcoin.org Presents a New Hard Fork Policy

Today Bitcoin.org published a blog post explaining view on about hard forks and their current policy. For the organization, Bitcoin.org, this topic is a very important one and raises a lot of issues. The organization believes that contentious hard forks are not doing any good for Bitcoin and takes a stand against the current Bitcoin hard […]

Santander: Banks Can Save $20B Using Blockchain Technology

According to a report released by Santander, using blockchain technology could allow banks to save as much as $20 billion. The research is called “The Fintech Paper 2.0″ and was created in collaboration with fintech venture fund Anthemis and research firm Oliver Wyman. “It is only a matter of time before distributed ledgers become a […]

Augur Launches Alpha Version of Prediction Market Platform

Augur, a decentralized platform allowing individuals to create prediction markets on a vast array of topics, announced today that it was launching its alpha test. “Traditionally, prediction markets have fallen short due to their need for volume in order to be valuable forecasting tools,” explained Jeremy Gardner, the Director of Operations at Augur. “Having a […]