Latest Blockchain News: Finextra Research

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.

14 February 2014

News/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.

11 February 2014

News/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.

10 February 2014

News/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.

07 February 2014

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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.

05 February 2014

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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.

31 January 2014

News/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.

30 January 2014

News/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.

27 January 2014

News/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.

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

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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

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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