Search Results for: Bitcoin
UK tech retailers suffering from a series of DDOS attacks – DDOS attackers demanded bitcoin ransom
October 21st, 2015
Over the last 24 hours it would seem that several prominent UK tech retailers have been targeted by DDOS attacks, which may also turn out to be linked to a group demanding large Bitcoin ransoms. Affected sites include Overclockers ...
US undercover agent jailed for six years for Silk Road Bitcoin theft
October 21st, 2015
A former undercover policeman has been sentenced to six and half years in prison for stealing $700,000 of the virtual currency bitcoin. Agent, Carl Force was part of the Drug Enforcement Administration (DEA) investigation into the black market website ...
ACCC investigating banks’ closure of bitcoin companies’ accounts
October 20th, 2015
The Australian Competition and Consumer Commission is investigating why Australian banks are closing the accounts of bitcoin businesses, amid concerns banks are colluding to block emerging competitors. ACCC chairman Rod Sims told The Australian Financial Review the investigation was ...
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
Hedge Fund Borrows $10M in Stock Via the Bitcoin Blockchain
October 15th, 2015
Yesterday morning, New York time, a company called Clique Fund used the bitcoin blockchain to borrow $10 million in stock. Bitcoin is the world’s most popular digital currency, and the blockchain is the vast online ledger that underpins bitcoin, tabulating ...
Customer Bitcoins Stolen in Purse Email Breach
October 14th, 2015
Bitcoin startup Purse said today that 10.235 BTC (roughly $2,500) in customer funds were stolen over the weekend during a security incident. Eleven customers had their accounts emptied, according to Purse representatives, who reported they had covered the bitcoins withdrawn with company ...
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
Australian Banks Close Bitcoin Exchange Accounts
October 7th, 2015
Banks and businesses in Australia are shunning virtual currency Bitcoin. Thirteen leading banks have simultaneously frozen or closed Bitcoin exchange current accounts effectively closing off the banking system to users of the currency. Businesses have also turned their backs ...
Bitcoin exchange Cubits launches instant no-fees crypto donation service for refugees arriving in Germany
October 7th, 2015
German bitcoin exchange and wallet provider Cubits is offering a charitable donation service in Bitcoin, to help deal with the current refugee crisis in Europe – minus credit card transaction fees. Cubits has done tie-ups with four refugee charities ...
A Charter was granted to a Bitcoin Exchange
October 6th, 2015
NYDFS grants Charter to “GEMINI” BITCOIN EXCHANGE founded by Cameron and Tyler Winklevoss Three Virtual Currency Firms Have Now Received Charters or Licenses from NYDFS – Gemini, Circle, itBit Anthony J. Albanese, Acting Superintendent of Financial Services, announced that ...
