KeepKey acquires MultiBit in deal made entirely in bitcoin
May 26, 2016 05:21 am UTC| Digital Currency
Seattle-based popular bitcoin hardware wallet KeepKey has announced the acquisition of UK-based software wallet company, MultiBit, in a deal made entirely in bitcoin. The acquisition marks KeepKeys first MA deal since...
Spanish police arrests 30 suspected of money laundering in bitcoin centers
May 26, 2016 05:00 am UTC| Digital Currency
Spanish police on Wednesday arrested 30 people on grounds of money laundering. They were suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin mining centers for...
Bankruptcy Trustee completes review of all MtGox claims, status determined
May 26, 2016 04:44 am UTC| Digital Currency
Leading bitcoin exchange Kraken has announced a major update in the investigation of claims from MtGox creditors. On Wednesday, a Japanese court-appointed Trustee Nobuaki Kobayashi announced that all claims to date have...
Court dismisses BitPay's plea in phishing attack
May 25, 2016 11:03 am UTC| Digital Currency
A court order which dismissed the suit between BitPay and Massachusetts Bay Insurance Company, after the company lost $1.8m during a phishing attack. BitPay lost approximately $1.8m in bitcoin during a phishing attack...
ETH/USD loses momentum, likely to fall to 11.20 levels
May 25, 2016 10:47 am UTC| Digital Currency
ETH/USD continued to trade in the red on Wednesday, third day in a row. The pair soared to a high of 14.85 levels on Friday and lost momentum, falling to a low of 11.80 levels on Tuesday. It currently trades at 12.42...
There is nothing that Bitcoin can do which Ethereum can’t, Coinbase co-founder says
May 25, 2016 10:02 am UTC| Digital Currency
Bitcoin services provider Coinbase recently rebranded its exchange service as GDAX, which stands for Global Digital Asset Exchange, and added Ether trading via the ETH/BTC and ETH/USD crosses. In a blog post, Coinbase...
Senior economics fellow dismisses bitcoin usage on C-Span cable network
May 25, 2016 09:12 am UTC| Digital Currency
A senior fellow at the Peterson Institute for International Economics William Cline, to hold U.S. debt, dismissed the use of bitcoin in response to a caller question on C-Span cable networks Washington Journal show. The...