Search Results for: bitcoins
Bitcoin Sinks After Hackers Steal $65 Million From Exchange
August 3rd, 2016
Hong Kong-based Bitfinex halts trading, deposits, withdrawals Digital currency is down almost 20 percent this week Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.5 ...
Bitcoin experts are having a spat on whether it’s a currency or a commodity
August 2nd, 2016
Bitcoin experts have weighed into a debate regarding the legal status of the cryptocurrency following a ruling by a Florida judge last week. Florida judge Teresa Pooler dismissed felony charges including money laundering against Michell Espinoza, who had sold ...
The founder of the Bitcoin Savings and Trust company gets 18 months in prison for Fraud
July 25th, 2016
Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, Shavers was ordered to forfeit $1.23 million and to pay ...
The head of collapsed Bitcoin exchange Mt. Gox has been released on bail
July 18th, 2016
The head of collapsed Bitcoin exchange Mt. Gox has been released on bail nearly a year after his arrest on embezzlement charges, according to one of his lawyers. Television footage showed France-born Mark Karpeles, 31, leaving the Tokyo Detention ...
Bitcoin wallet enables payments via Twitter
July 15th, 2016
The bitcoin wallet iPayYou has launched its “Pay-by-Twitter” feature. With this tool, users can make peer-to-peer payments on Twitter, according to a press release. The company already enables users to send bitcoin through email. Former Amazon executive Gene Kavner founded the ...
SecondMarket, Inc. and Bitcoin Investment Trust (BIT) Settle Charges
July 12th, 2016
SecondMarket, Inc. and Bitcoin Investment Trust (BIT) Settle Charges Relating to Unlawful Redemptions of BIT Shares during a Continuous Distribution The Securities and Exchange Commission announced that SecondMarket, Inc., a New York broker-dealer registered with the Commission, and Bitcoin Investment Trust (BIT), a ...
Swiss bank Vontobel offers bitcoin trading
July 7th, 2016
Vontobel has become the first Swiss issuer to offer a tracker certificate on bitcoins for subscription. Investors who expect a positive development in the bitcoin price can now for the first time participate in this performance with a product ...
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
Everything you need to know about Bitcoin and the new contender Ethereum
June 23rd, 2016
Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week. “Assuming our computers still switch on after Brexit.” He was being facetious. But then the king of all currency ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
