Former New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky has said he won’t advise cryptocurrency startups.
According to a recent account by a member of the BitcoinTalk community, it appears that certain members of the Federal government have a much deeper understanding of Bitcoin than previously thought. The poster says that during a raid, the government knew to seize unused Trezor wallets and transfer seized bitcoins to their own bitcoin wallets. […]
The former superintendent of the New York Department of Financial Services (NYDFS) and the creator of the much maligned BitLicense revealed today that he’s not working in the digital currency space. “I’m doing no work in the digital currency space,” said Benjamin Lawsky at the America Banker Conference in New York City. “The rules are clear,” Lawsky […]
This is a guest post by Eric Lombrozo, the Co-CEO and CTO of Ciphrex Corp., a software company pioneering decentralized consensus network technology. Lombrozo is also a founding member of the CryptoCurrency Security Standards Steering Committee and has been a longtime contributor to the open source Bitcoin core development effort. Introduction In the last few months, a […]
Bitcoin-Friendly Payment Processor Stripe Raises New Funding, Partners with Visa and American Express
Payment processor Stripe has raised new funding from Visa, American Express, Sequoia Capital and other investors, valuing the company at $5 billion, The New York Times reports. The new funding comes six months after a previous funding round of $70 million, at a $3.5 billion valuation. Stripe didn’t disclose the amount of new funding, and […]
The topic of how blockchain technology can be used to support social good was discussed at an event hosted by Microsoft last night.
China’s Shanghai Composite Index crashed through support on Monday and resumed decline as investors could not sell Chinese company stocks fast enough. Deja Vu CNBC eloquently reports that, following three weeks of relative stability in mainland markets, Monday saw the Shanghai Composite Index resume decline in its worst one-day drop in eight years. Readers will […]
Yesterday’s Bitcoin price move had pulled down to a local support floor near $286 (Bitstamp) and immediately began building a base for another wave of advance. With the prospect of an FOMC statement confirming US rates increases, tomorrow, the price chart should show a strong upside reaction between now and Wednesday evening. This analysis is […]
Readers may recall our interview with Toby Hoenisch, the CEO of OneBit, which uses near-field communication technology to utilize the MasterCard payment network with a cell phone application. A user with OneBit can pay anywhere the MasterCard swipe system is in use, using Bitcoin. For many, an application like this will change the conversation regarding […]
Popular Bitcoin news and analysis service NewsBTC has announced to expand into the Russian territory. The website is currently working on plans to address its widely growing Russian-speaking reader base around the globe, and believes to lead the pack towards an informative and updated platform about the digital currency sector. NewsBTC sincerely understands the current […]