Search Results for: Bitcoin
Bitcoin to withdraw from Turkey, due to failure to find bank to collaborate with
August 23rd, 2016
The electronic currency Bitcoin (BTC) has halted TL deposits into BTCTürk, which gives investors the opportunity to conduct transactions with TL/BTC conversion. After Paypal’s decision to pull out of Turkey, which resulted from failing to acquire the necessary permits, the ...
Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust
August 22nd, 2016
‘Blockchains are a pain to work with,’ says Stefan Thomas Tweaks require consensus, which he says slows progress Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart. Blockchain, the ledger software that makes ...
Rakuten buys struggling bitcoin startup Bitnet to create a ‘blockchain research lab’
August 19th, 2016
Rakuten has confirmed that it has acquired the assets of Bitnet, a bitcoin wallet startup it invested in, which will be used to create a ‘bitcoin lab’ for the Japanese retail giant. The transaction is undisclosed but it follows a Wall Street Journal ...
Bitcoin Exchange Counter Launched in Russia
August 18th, 2016
Russia recently took a far more liberal approach towards Bitcoin than expected. Last week, the Russian government decided not to introduce criminal liability towards mining and usage of the digital currency. Following the government’s move, the cryptocurrency community in ...
Hackers claim to have stolen cyberweapons from NSA, demand 1 million Bitcoin in exchange
August 17th, 2016
A hacking group called The Shadow Brokers claims to have acquired hacking tools from a group linked to the US National Security Agency (NSA), and is now asking for 1 million Bitcoin (about $568 million) in an auction in exchange for ...
International Law Firm to accept payment in Bitcoin
August 17th, 2016
The Washington DC-headquartered firm, Steptoe & Johnson LLP, announced last week that it will accept payment in the digital currency known as Bitcoin. Alan Cohn, an of counsel at the firm and former assistant secretary in the Department of Homeland ...
Bitcoin Exchange OKCoin Fined in Money Laundering Case
August 16th, 2016
Chinese Bitcoin exchange OKCoin was recently fined for unknowingly aiding money laundering operations on its platform. The Beijing-based company, which records the maximum daily Bitcoin volume, has been ordered by the Heilongjiang Provincial Court to cough up 627,569 Yuan ...
Bitcoin trading booms, lures currency traders
August 16th, 2016
Bitcoin trading volume is soaring in Japan as wild price movements spur an increasing number of currency speculators to shift into the digital-money market. Japan’s leading bitcoin exchange operator said Monday that it surpassed 200,000 customers this month, rising ...
France Receives a New Bitcoin ATM
August 12th, 2016
ATM Bitcoin Exchange begins its international expansion campaign by installing a bitcoin ATM in France. The selected location is Montpellier. France has four of such devices fully operational inside its borders. GrupoBTC France a franchise of the mother company (ATM Bitcoin Exchange) ...
Bitcoin Volume in Venezuela Surging Amid Hyperinflation
August 11th, 2016
So far, three Bitcoin exchanges have established themselves in Venezuela. SurBitcoin is by far the biggest, whereas Yabit and Cryptobuyer are relatively new on the scene. Bitcoin remains one of the most popular commodities in all of Venezuela. The ...
