Monthly Archives: April 2014

‘La Maison du Bitcoin’ to open in Paris in May

Posted on 22nd April, 2014

French bitcoin entrepreneurs Thomas France and Eric Larchevêque recently announced the launch of La Maison du Bitcoin (‘The House of Bitcoin’), a cryptocurrency technology and culture hub located in the heart of Paris. Slated to open on May 13, the center will include a meeting, workshop and co-working space for bitcoin startups, as well housing […]

Vault of Satoshi goes beyond audit, announces full proof-of-solvency

Posted on 21st April, 2014

In only a few short months of operation, Canadian cryptocurrency exchange Vault of Satoshi has built a reputation for professionalism in an industry still seen by many as the “Wild West” of finance. Last month, the exchange received a full money transmitter license, giving it equal status under Canadian law to a standard international currency […]

After Heartbleed bug, OpenSSL project now accepts bitcoin donations

Posted on 21st April, 2014

Earlier this month, the Heartbleed bug sent a chill of terror across the entire internet. As IT managers across the globe raced to update their servers with the patched version of OpenSSL to keep passwords and user data safe, the terror in the bitcoin world was particularly intense as billions of dollars in bitcoins were […]

Report: Mt.Gox CEO Karpeles had sole control over exchange’s code and accounts

Posted on 21st April, 2014

kkIn an article filed on Reuters today, reporter Sophie Knight paints a complex portrait of Mt.Gox CEO Mark Karpeles. Far from a criminal mastermind or con man, Karpeles is depicted as man who is “shy and fearful of confrontation” whose “escapism into virtual worlds was accompanied by what some former associates describe as a lack […]

Is the Silicon Valley Bitcoin Job Fair a sign of things to come?

Posted on 19th April, 2014

On Saturday, May 3, the Plug and Play Technology Center in Sunnyvale, CA, will be swarmed with tech talent looking to break into the bitcoin world. The Bitcoin Job Fair will feature booths from big-name bitcoin businesses like BitPay, Circle, Kraken, Xapo and Counterparty, all flush with venture capital cash and looking to expand their […]

Former Deputy Director of the Consumer Financial Protection Bureau endorses bitcoin

Posted on 18th April, 2014

During a segment on Bloomberg TV’s “Street Smart,” Raj Date, former Deputy Director of the Consumer Financial Protection Bureau, gave a clear nod to digital currencies like bitcoin. Date noted that the creation of a faster, more secure financial network is a huge boon for consumers. The thing I like about innovation in consumer finance, […]

Ron Paul says there should be “no restrictions” or taxes on bitcoin

Posted on 18th April, 2014

There are few figures in recent American politics as controversial as former U.S. Congressman Ron Paul. The noted libertarian-leaning Republican from Texas has long been an opponent of the Federal Reserve banking system, and has advocated for more “private money” in the world economy. Although not a supporter of bitcoin per se, Paul has regularly […]

Malware causes wallet woes for LocalBitcoins

Posted on 18th April, 2014

Person-to-person bitcoin-exchange and escrow service LocalBitcoins has had a rough couple of days. On Wednesday, reports began to surface on IRC and the site’s forums that user wallets had been compromised. Standard protections, such as long passwords and two-factor authentication, seemed to have no effect on the hacks. Posts on the LocalBitcoins blog confirm that […]

Neo & Bee staff tell their side of the story

Posted on 18th April, 2014

The story of would-be “bitcoin bank” is sure to become the stuff of cryptocurrency legend. From the high-profile launch of the company in Nicosia, Cyprus, to the dramatic collapse of the company only a month later, at every turn the Neo tale has been filled with drama, mystery and intrigue. Was founder and CEO Danny […]

OKCoin and CHBTC report some bank accounts closed

Posted on 17th April, 2014

China’s rumored April 15th “bitcoin ban” may not have materialized, but that doesn’t mean things have stabilized for the country’s cryptocurrency exchanges. Earlier today, major Chinese exchanges OKCoin reported that its accounts at the China Construction Bank had been closed, while the owner of smaller exchange CHBTC had his personal account (which had been serving […]