Latest Blockchain News: Finextra Research

Feds shut down counterfeit card site

US authorities have charged three men with running an online shop that made and sold counterfeit credit and debit cards and holographic overlays to crooks.

27 January 2014

News/Blockchain

Wells Fargo and JPMorgan take contrasting stance on bitcoin

Wells Fargo and JPMorgan have highlighted the contrasting views in US banking circles over the future viability of bitcoin, with the former willing to engage and the latter airily dismissing the digital currency as a passing fad.

24 January 2014

News/Blockchain

Digital currency Ven to be listed on LMAX MTF

FCA-approved multilateral trading facility LMAX has agreed to list Ven, the digital currency created by online community Hub Culture, enabling brokers, banks and institutions to trade the virtual instrument.

23 January 2014

News/Blockchain

London hosts Satoshi Square bitcoin meetup

Bitcoin enthusiasts will gather in London tomorrow to trade the crypto-currency face-to-face at the city's first Satoshi Square event.

17 January 2014

News/Blockchain

Feds get go-ahead to sell $28 million bitcoin stash; eBay UK to open virtual currency category

The FBI has been given the go-ahead to liquidate up to $28 million worth of bitcoins seized during the shutdown of the Dark Web marketplace Silk Road.

17 January 2014

News/Blockchain

French Senate holds bitcoin hearing

The French Senate gathered virtual currency market participants and regulators yesterday for a hearing on how the country's authorities should approach the likes of bitcoin.

16 January 2014

News/Blockchain

Royal Canadian Mint demos digital currency

Canadians could soon be using a government-backed digital currency, dubbed MintChip, to make in-store point-of-sale purchases.

13 January 2014

News/Blockchain

Precious metals group joins Bitcoin cold storage fray

Precious metals trading network GoldMoney has joined London start-up Elliptic in providing off-line secure storage services for Bitcoin users.

13 January 2014

News/Blockchain

Singapore lays down tax rules for bitcoin business

As governments the world over make dire warnings about the perils of using bitcoin, Singapore has taken a more relaxed, and profitable, attitude to the virtual currency by issuing clear guidance to users on how to handle taxation issues arising from transactions.

09 January 2014

News/Blockchain

Bitcoin smashes $1000 mark on Zynga adoption

Social gaming giant Zynga will start accepting bitcoin as a payment option in a move which has helped drive the virtual currency's price back past the $1000 mark.

06 January 2014

News/Blockchain

Indian bitcoin exchange shuts after central bank warning

India's largest bitcoin exchange, BuySellBitCo.in, has shut up shop after the country's central bank issued a statement warning about the risks of using virtual currencies.

02 January 2014

News/Blockchain

Norway says bitcoin an asset, not a currency

Norway has become the latest country to have its say on bitcoin, declaring that it is not a proper currency but an asset subject to capital gains tax.

16 December 2013

News/Blockchain

Coinbase scores $25 million funding round as VCs pile into bitcoin

Bitcoin wallet outfit Coinbase has raised $25 million in a funding round led by Andreessen Horowitz, with participation from existing investors Union Square Ventures and Ribbit Capital.

12 December 2013

News/Blockchain

Senate Committee sets date for bitcoin hearing

The Senate Homeland Security & Governmental Affairs Committee has set 18 November as the date for its first hearings into how bitcoin and other crypto-currencies affect law enforcement and banking.

11 November 2013

News/Blockchain

US set to allow bitcoin campaign donations

Americans could soon be allowed to make political campaign contributions in bitcoins, the Federal Election Commission has hinted.

08 November 2013

News/Blockchain

HSBC man is first in line as bitcoin ATM racks up $10K on inaugural outing

The world's first bitcoin ATM saw 81 transactions during its first day of operations on Tuesday, totalling over $10,000, with the inaugural payment conducted by a curious HSBC banker.

31 October 2013

News/Blockchain

Dutch phishers use bitcoin to launder EUR1 million haul

Dutch police have arrested four men accused of using malware to steal in the region of EUR1 million from online bank accounts and then laundering the money using bitcoin.

30 October 2013

News/Blockchain

UK bitcoin exchange opens

Coinfloor, a London-based bitcoin exchange bidding to build a market for high-frequency trading in the virtual currency, has opened its doors.

29 October 2013

News/Blockchain

Switchless buys South African bitcoin exchange

Switchless, a South African-based outfit which develops bitcoin-related software for financial institutions, has bought local bitcoin exchange BitX. Financial terms were not disclosed.

25 October 2013

News/Blockchain

Money2020 stirs up cashless society debate

While much of the chatter at the Money2020 conference in Las Vegas centred on schemes to eliminate hard cash, former Citibanker Jay Bhattacharya took a contrarian approach, brandishing a newspaper clipping from 1972 that confidently forecast the arrival of a cashless society by the end of the 1970s.

11 October 2013