Blockchain

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Banking watchdog to set up virtual currency taskforce

/Blockchain

Banking watchdog to set up virtual currency taskforce

The European Banking Authority is to assemble a taskforce to determine whether virtual currencies should be regulated.

Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

/Blockchain

Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

Mt. Gox has filed for bankruptcy protection, a lawyer for the beleaguered bitcoin exchange told a news conference today. Meanwhile, new Federal Reserve chair Janet Yellen has said that the central bank has no authority to regulate the crypto-currency.

Researchers find more than 100 malware families targeting bitcoin

/Blockchain

Researchers find more than 100 malware families targeting bitcoin

The rise of bitcoin over the last year has piqued the interest of cybercrooks, who have created more than 100 unique families of malware designed to steal virtual currencies, according to Dell SecureWorks.

MT Gox goes up in smoke. Is this the end for bitcoin?

/Blockchain

MT Gox goes up in smoke. Is this the end for bitcoin?

Bitcoin prices have cratered again after troubled Japanese exchange operator MT Gox suspended trading amid reports that it has allegedly lost almost $350 million to a year-long cyber-theft and is technically insolvent.

US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation

/Blockchain

US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation

A collection of US state financial regulators has become the latest body to launch an investigation into bitcoin and other virtual currencies. Meanwhile, the boss of troubled exchange Mt. Gox has resigned from the board of the Bitcoin Foundation.

Amazon brings Coins to all Android devices

/Blockchain

Amazon brings Coins to all Android devices

Amazon Coins are coming to all Android devices in the US, UK and Germany, enabling customers to buy, spend and earn using the virtual currency.

BMO closes the door on bitcoin businesses

/Blockchain

BMO closes the door on bitcoin businesses

Bank of Monetral is closing all bitcoin-related business accounts across Canada in the wake of hostile comments from government ministers on the threats posed by emerging crypto-currencies.

Bitcoin plunges again after dark market Web hack

/Blockchain

Bitcoin plunges again after dark market Web hack

The price of bitcoin plunged again overnight after the operator of dark market Web site Silk Road 2 claimed to have lost $2.7 million in a scam exploiting a known vulnerability in he crypto-currency.

Standard Bank tests current account-linked bitcoin wallet

/Blockchain

Standard Bank tests current account-linked bitcoin wallet

Standard Bank has begun piloting a current-account linked bitcoin wallet developed by South African outfit Switchless.

Bitcoin bug causes massive sell-off

/Blockchain

Bitcoin bug causes massive sell-off

A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning.

Triple whammy hits bitcoin price

/Blockchain

Triple whammy hits bitcoin price

Bitcoin's price has plummeted by around 20% after exchange MT Gox temporarily suspended withdrawals, Apple kicked a popular wallet off of its App Store and Russia outlawed the crypto-currency.

The acceleration of digital money

/Blockchain

The acceleration of digital money

Citi released its Digital Money Readiness Index at its second annual Digital Money Symposium in London at the end of January. Here Greg Baxter, MD, Citi global head of digital strategy talks about how the Index influences the bank's overall digital strategy, the importance of governments in accelerating digital currencies and the validity and future of crypto-currencies such as bitcoin.

Sci-Fi Coins Exchange boldly goes where no currency has gone before

/Blockchain

Sci-Fi Coins Exchange boldly goes where no currency has gone before

Geeks tired of earth-bound crypto-currencies can now trade in their bitcion for Klingon Empire Darsek at a new science fiction focussed exchange.

New York gears up for virtual currency 'BitLicenses'

/Blockchain

New York gears up for virtual currency 'BitLicenses'

Plans floated by New York regulators to issue 'BitLicenses' specifically tailored to virtual currencies, drew mixed responses from industry players at a hearing this week.

Mint PFM platform to track bitcoin transactions

/Blockchain

Mint PFM platform to track bitcoin transactions

Money management app Mint has struck a deal with Coinbase that will let users view their bitcoin transactions alongside more traditional financial accounts.

BitInstant CEO charged with money laundering over Silk Road scheme

/Blockchain

BitInstant CEO charged with money laundering over Silk Road scheme

US prosecutors have charged BitInstant CEO Charlie Shrem and an accomplice with running a scheme to sell over $1 million in bitcoins to users of the underground Silk Road marketplace.

Feds shut down counterfeit card site

/Blockchain

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.

Wells Fargo and JPMorgan take contrasting stance on bitcoin

/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.

Digital currency Ven to be listed on LMAX MTF

/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.

London hosts Satoshi Square bitcoin meetup

/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.

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