Is The DoJ Taking "Vacations" To Jurisdictions Which Harbor Bitcoin Exchanges?

Bitcoin investor Roger Ver divulged details regarding the arrest of Mt. Gox CEO Mark Karpeles which had not yet come to light for the Coin Congress 2015 crowd in San Francisco’s Hilton Union Square. The Bitcoin entrepreneur suspects that the US government is visiting jurisdictions in which Bitcoin exchanges operate, having visited not only Tokyo […]

Can Criminals Take Advantage of Blockchain Smart Contracts?

Bitcoin has typically been associated with criminal activity, as the anonymous nature of transactions allowed illegal dealings to be practically untraceable without any money trail. While the underlying blockchain technology has gained a better reputation for possibly transforming several industries, its smart contracts might be vulnerable to criminal use as well. This has been explored […]

Coinify Acquires Its Rival Coinzone

Coinify works to spread the use of digital currencies. The company enables anyone to buy Bitcoin as an investment, or to buy or sell items and services from a rapidly growing list of stores worldwide. With experience in working with digital currencies since 2010, the Coinify team has a strong background with decades of experience […]

Bitcoin Payments Processor Coinify Expands to Europe with Acquisition

Bitcoin payments processor Coinify has been able to acquire is competition Coinzone, allowing it to expand its reach to the European market. Coinify is based in Denmark and has roughly 8,000 customers prior to the deal, which could bump it up to at least 10,000. According to Coinify CFO Visti Larsen, he purchase comes as […]

Bitcoin Price Keeps The Market In Suspenders

Bitcoin price looks like it may make a drop to new lows, but then again, gold is pushing higher; actually the US dollar is strengthening – oh, wait the yuan is being devalued… The pushes and pulls on prices are extreme. Like Cargo Cult members expecting the best or the worst, bitcoin traders are left […]

Bitcoin Exchange itBit Adds NSA Codebreaker and Technology Veteran to its Board of Directors

itBit, a bitcoin exchange that leverages block chain technology with traditional capital infrastructure, named two financial technology veterans to its board of directors: Jim Manzi and Ed Giorgio. Manzi is former chairman and CEO at Lotus Development Corp., while Giorgio is a National Security Agency (NSA) veteran and co-founder of Ponte Technologies. “Jim and Ed are important […]

UBS Launches Future of Finance Challenge for Fintech Entrepreneurs and Startups

In April, Bitcoin Magazine reported that UBS was planning to investigate blockchain technology in a new innovation lab based in London. The innovation lab located in Level39, Europe’s largest technology accelerator space for finance and cyber-securities, focuses on exploring the role of blockchain technology in financial services. “Our innovation lab at Level39 will provide a unique […]