Hyundai is the largest car producer in South Korea, so when it says something about the future of the auto industry, people listen. Today was no exception, as the company declared that there is a future in hydrogen cell vehicles as well as electric cars. The post Hyundai Sees Future in Eco-Friendly Cars appeared first […]
Bitcoin micropayments startup Tibdit has raised £122,080 seed capital through a crowdfunding campaign.
As the world watches nervously, Greece, under pressure from the European Central Bank, takes the serious step of imposing capital controls: Banks are closed, ATM withdrawals are limited and funds cannot be sent out of the country. Capital controls will be in place at least until July 7 after Sunday’s citizens’ referendum that will ask […]
Yesterday, Bitcoin Magazine reported that Greece had closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks with its international creditors. The decision came at the end of a weekend that brought Greece closer to “Grexit” – the potential exit from the Eurozone and perhaps the European Union […]
Bitnet, a bitcoin payments processor from the developers of the largest payment gateway (CyberSource, acquired by VISA) has entered into a strategic partnership with Computop, a leading payment service provider, to allow global merchants to accept bitcoin on Computop Paygate. Since its launch, Bitnet has focused its services to provide an enterprise-grade digital commerce platform with […]
BitGo has announced the release of Verified by BitGo, a tool aimed at allowing customers to provide greater financial transparency.
So, as it turns out, people are trying to get all of their money out of the banks in Greece. We suspected this might happen. Everyone in the Bitcoin community is saying these people should convert to Bitcoin. Is that an option at this point? How can they get it if all they have is […]
Hacking attacks occur at the least opportune times. Script.cc, a mining site, ran a server upgrade and later found its database had been breached. The company hopes to be up and running soon after moving to a new server following the attack that emptied its wallet. Script.cc recently posted a notice advising customers they are […]
Large corporations and government organisations are often targets for hackers, and as a result, rely on cybersecurity firms to provide security guidance. However, in an ironic twist, one cybersecurity firm may have actually hacked its own clients. Tiversa is a Pittsburgh-based security consultancy, and according to an ex-employee, Tiversa stages data breaches to extort clients. The post […]
Drinker Biddle & Reath’s Charles Cowan looks at why insurance companies have so far hesitated to work with bitcoin companies.