Search Results for: Bitcoin
World Bank: Bitcoin is not a “Ponzi Scheme”
November 19th, 2014
Ponzi scheme: A fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Many of the ...
BNP Paribas: The five ways Bitcoin can shake up the financial services world
November 12th, 2014
Bitcoin could become a market-leading technology that will change the way financial systems are engineered says BNP Paribas, in an analysis of the potential disruptive impact of the crypto-currency on banking and asset servicing. In an article for the ...
NODE Second Generation Cryptocurrency With Different Codebase To Bitcoin Launches
November 10th, 2014
After almost a year in development, recently launched NODE is a second generation cryptocurrency built from scratch in node.js that features encrypted messaging and NodePay launching in February 2015: the first hybrid international electronic payment system that allows users to pay ...
Texas man charged in first-ever bitcoin Ponzi scheme
November 7th, 2014
In the first federal securities case involving a Ponzi-scheme using the digital currency, a Texas man was charged Thursday in New York with defrauding investors of millions of dollars worth of bitcoin. Trendon Shavers, 32, was arrested at his ...
Bitcoin ATM Goes Live at Google’s London Co-Working Space
November 6th, 2014
Visitors to Google’s ‘Campus London’ co-working space will now be able to buy bitcoin and spend the cryptocurrency on a coffee or muffin thanks to its new bitcoin ATM. Conveniently, the UK’s first BitAccess-made machine is located in the ...
Bitcoin Startups May Get Transitional License in New York
November 3rd, 2014
New York may grant transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the state’s top financial watchdog said. Benjamin Lawsky, New York’s superintendent of financial services, has ...
Israeli police arrests Mexican Bitcoin blackmail
November 3rd, 2014
A 34 year old man was arrested at Ben Gurion Airport in Tel Aviv on suspicion he had stolen information during the last few months and demanded Bitcoin worth millions of shekels in order not to disclose information. Cyber ...
Former head of US regulator advising top Bitcoin companies
October 29th, 2014
A former chair of the Securities and Exchange Commission (SEC) has been appointed to the advisory board of the two major Bitcoin companies. Arthur Levitt, who served as chair of the SEC between 1993 and 2001, will advise Bitpay ...
CoinCorner Now Accepts Debit and Credit Cards for Bitcoin Purchases
October 24th, 2014
British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments ...
Polish company first in the world to sell shares for Bitcoins
October 21st, 2014
A Polish company, InPay S.A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is ...
