Latest Bitcoin News by Category: Bitcoin Exchanges

Report: Is China blocking bitcoin websites?

Posted on 16th May, 2014

BTC China CEO and Bitcoin Foundation board-member elect Bobby Lee thinks China may be blocking bitcoin-related sites. Speaking with CoinDesk today, Lee said that he’s hearing regular reports of users being unable to access websites such as Coinbase, Blockchain and BTC-e in otherwise normal browsing sessions. Lee reports that the “locking of these websites seems […]

Report: U.S. District Judge approves prelimary Mt.Gox settlement

Posted on 15th May, 2014

At a hearing in federal court yesterday, U.S. District Judge Gary Feinerman gave Sunlot Holdings and a collection of Mt.Gox creditors preliminary approval to move forward with a settlement plan for the defunct Tokyo-based bitcoin exchange. Under the agreement, Sunlot and its partners would acquire Mt.Gox’s debits and assets for a single bitcoin. The move […]

CNET founder Halsey Minor announces new bitcoin payment service

Posted on 15th May, 2014

Tech entrepreneur and investor Halsey Minor knows a thing or two about being ahead of the curve. In 1993, he founded one-time tech haven CNET, selling it to CBS 15 years later for $1.7 billion. He’s also a co-founder of Salesforce.com (currently valued between $15 and $35 billion) and the founder of venture capital firm […]

Bittylicious adds Visa, MasterCard and debit card buying options

Posted on 13th May, 2014

Bitcoin purchasing platform Bittylicious announced an exiting development just shy of its one-year anniversary: E.U. citizens are now able to use credit and debit cards to purchase bitcoin through the site. The U.K.-based company already offers a standard payment options, such as bank transfers and mobile payments, but the ability to irreversibly purchace BTC through […]

Report: BitPay gains $30 million in new investment round from Richard Branson and Jerry Yang

Posted on 9th May, 2014

TechCrunch is reporting that Atlanta-based bitcoin-payment processor BitPay has received a new round of investment funding from Index Ventures, with Virgin’s Richard Branson and Yahoo co-founder Jerry Yang also participating. If true, the rumored $30 million investment would be the single largest funding round for a bitcoin startup. The report claims that BitPay’s new valuation […]

Big changes in the works at Chinese exchanges Huobi and OKCoin

Posted on 8th May, 2014

Under increasing pressure from the People’s Bank of China, two of the “big five” Chinese bitcoin exchanges have announced plans to alter their business models. Although the PBoC issued new rules in December dramatically limiting access to the country’s banking system for bitcoin-based business, those rules have only been meaningfully enforced in recent weeks. Several […]

Bitcoin startup Vaurum raises $4 million in seed funding

Posted on 7th May, 2014

A venture capital group headed by tech investor Tim Draper and former AOL CEO Steve Case has raised $4 million in seed money for “white-label” exchange startup Vaurum. Based in California, Vaurum is one of many companies working to build high-volume bitcoin trading platforms that can be easily integrated into existing commodity and stock-trading systems. […]

China’s “Big Five” bitcoin exchanges issue joint statement of self-regulation

Posted on 6th May, 2014

Earlier today, China’s five largest bitcoin exchanges released a joint statement on the Twitter-like social-networking site Weibo. The statement acts as both a mea culpa for the ongoing problems in with bitcoin in China, as well as the first public announcement of a move towards self-regulation for the exchanges. The five participating exchanges are OKCoin, […]