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Update (GMT 23:11): The California Senate Banking and Financial Institutions Committee indicates that AB 129 is now roughly halfway through the process to become law. Due to its position as a hotbed for technological innovation, California has thus far adopted a friendly stance toward...
Bitcoin enthusiasts, investors and entrepreneurs staged a spirited defence of the cryptocurrency at the Inside Bitcoins conference in Berlin this week. With Mt. Gox’s malleability issues now affecting popular exchanges Bitstamp and BTC-e , many commentators have been quick to declare ...
A “massive and concerted attack” has been launched by a bot system on numerous bitcoin exchanges, Andreas Antonopoulos has revealed. This has lead to popular exchange Bitstamp putting a temporary halt on all bitcoin withdrawals. Antonopoulos, who is the chief security officer of Block...
Fewer startups. A drain of top talent. Jobs and opportunities pushed overseas. These are the nightmare outcomes that Atlantic Financial founder, 20-year Wall Street veteran and Bitcoin Financial Association member Bruce Fenton believes could befall the bitcoin industry, should US lawm...
This week, a term emerged that many bitcoiners won’t have heard before: transaction malleability. Mt Gox cited it as a key reason for suspending withdrawals, and it was also mentioned as the basis for an exploit used in a massive attack against the bitcoin network this week. So, what ...
Signals are emerging that Canada is about to tighten its grip on bitcoin and other decentralized digital currencies. The country’s finance minister Jim Flaherty singled out bitcoin by name in his federal budget today, and announced forthcoming laws that would regulate it. “It is impor...
As 2013 drew to a close, investment in the bitcoin ecosystem began to gain serious momentum, with Circle and Coinbase reaping multimillion-dollar funding rounds that drove total venture capital (VC) funding in the space past $80m. Since then, momentum has undoubtedly slowed. Yet, new ...
A company called Switchless says it has developed a “fully operational and integrated bitcoin portal system for a large multinational bank”, currently being run as an internal pilot. The news leaked out after the system was showcased at Finovate Europe 2014, which was held from 11th –...