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  • Third US Marshals Bitcoin Auction Sees Increase in Bidder Interest

    coindesk.com 05 Mar '15, 8pm

    The US Marshals Service (USMS) has announced that 14 bidders participated in today's auction of 50,000 BTC, worth $13.4m at press time, placing 34 bids over the course of the six-hour event. The figure was up slightly from the 11 bidders and 27 bids entered in December's auction , but...

  • Research Tracks Bitcoin Mining from Hobby to Big Business

    Research Tracks Bitcoin Mining from Hobby to Big Business

    coindesk.com 05 Mar '15, 3pm

    Nearly all bitcoin miners have been transferring their rewards within 36 hours of obtaining them, researchers at New York University have found. Luqin Wang and Yong Liu's paper , an analysis on the "evolution" of pool mining, found that less than 1% of miners left their rewards untouc...

  • Study: Bitcoin Becoming Less Attractive Target for Trojan Malware

    Study: Bitcoin Becoming Less Attractive Target for Trojan Malware

    coindesk.com 05 Mar '15, 9pm

    A new report from security firm Symantec claims the number of Trojan malware programs targeting bitcoin users has fallen in the past year. The conclusion was included in a report published on 3rd March entitled "The State of Financial Trojans 2014 ". The drop reflected an overall decl...

  • Police Arrest Five in MyCoin Bitcoin Exchange Scheme Case

    Police Arrest Five in MyCoin Bitcoin Exchange Scheme Case

    coindesk.com 05 Mar '15, 10pm

    Five individuals have been arrested by Hong Kong police forces in connection with the collapse of MyCoin, an alleged bitcoin trading platform. The arrests were made as part of a broader hunt for individuals associated with MyCoin , which is believed to have cost investors millions of ...

  • Deutsche Bank Veteran Starts Institutional Bitcoin Exchange in Brazil

    Deutsche Bank Veteran Launches Institutional Bitcoin Exchange in Brazil

    coindesk.com 05 Mar '15, 11pm

    There's no shortage of theories as to why Brazil has yet to become a hotbed of bitcoin adoption in Latin America. Popular ideas include everything from the language barrier (limited access to Portuguese bitcoin resources) to past incidents with exchanges (the mystery surrounding Bitco...

  • Bitcoin Exchange Quadriga to Go Public in Reverse Takeover

    coindesk.com 05 Mar '15, 5pm

    Canada-based bitcoin exchange Quadriga has announced it has entered into an agreement that, if executed, will find the company debuting on the Canadian Securities Exchange (CES) as soon as next month. The news follows a shareholder meeting on 2nd March and a decision by the Supreme Co...

  • Bitcoin Tipping Service Bans User For Attempted Donation to Islamic State

    Bitcoin Tipping Service Bans User For Attempted Donation to Islamic State

    coindesk.com 05 Mar '15, 1am

    Though rumors that Islamic State (IS) has been seeking to use bitcoin as a means of payment have persisted in the media, so far, little connection has been made between the notorious rebel group and the digital currency. Perhaps as a comment on this ongoing media narrative, bitcoin en...

  • MegaBigPower Opens Buyback for Unprofitable Bitcoin Miners

    MegaBigPower Opens Buyback for Unprofitable Bitcoin Miners

    coindesk.com 05 Mar '15, 1am

    MegaBigPower has announced that it will begin purchasing preowned bitcoin mining ASICs as part of a plan to acquire as much as 10 megawatts worth of hardware. Under the buyback program, the US-based bitcoin mining company will purchase certain types of hardware, with an emphasis on mo...

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