Bitcoin

Overstock CEO Expects Mass Cryptocurrency Adoption

Overstock CEO Patrick Byrne is expecting mass crypto adoption as Bitcoin price climbs.

Cybercriminals Creep into 600K Websites via StatCounter to Target Bitcoin

Cybersecurity firm ESET malware researcher, Matthieu Faou uncovered a group of malicious codes in a website traffic-tracking script provided by top website analytics company StatCounter.

Shrem’s Lawyer Responds; Client Never Stole 5,000 BTC

Brian E. Klein, Shrem’s lawyer, states that the 5,000 BTC cited in the Winklevosses’ original complaint never belonged to the brothers. Instead, it belongs to Shrem’s anonymous contact, which has been referred to as “Mr X” in the court for privacy reasons.

BTCC Mining Pool to Indefinitely Close this November

BTCC has announced that the oldest Bitcoin exchange in China will be indefinitely closing its mining pool beginning November 30.

Jack Dorsey’s Square Market Cap Hits $30B

Jack Dorsey’s Square has reportedly reached a market cap of $30 billion, surpassing Twitter.

Bitmain to Sell New Bitcoin Miners this Week

Bitmain has announced that its new Antminer S15 and T15 machines will go on sale starting November 8.

Binance Supports Slated Bitcoin Cash Fork

Binance, the world’s largest digital currency exchange, has announced plans to support the upcoming hard fork of Bitcoin Cash, slated to be launched on November 15.    

Survey Reveals Over Half of US Voters Support Legalization of Crypto Donations for Electoral...

A survey conducted by blockchain research company Clovr indicated that over 60 percent of U.S. voters are in favor of legalizing cryptocurrency donations for federal elections.

21-Year Old Bitcoin Dealer Faces 5-Year Imprisonment Over Operating Unlicensed Business

A Bitcoin dealer in California has pled guilty in federal court over running an unlicensed money transmitting business which had amassed hundreds of thousands of dollars from over 1,000 customers.

Unocoin CEO Narrates India’s Clampdown on Bitcoin ATMs

In the wake of the arrest of the co-founder of Indian cryptocurrency exchange Unocoin over allegations of illegally operating a Bitcoin ATM, exchange CEO Sathvik Vishwanath provided a detailed account of his detainment.

SEC Official Tells Bitcoin ETF Applicants to Focus on Market Surveillance, Custody, & Liquidity

The US SEC Commissioner attorney Kara Stein said that Bitcoin ETF applicants should focus on market surveillance, liquidity, and custody.

Mobile Payments Firm Square Open-Sources Offline Bitcoin Wallet

San Francisco-based mobile payment company Square is open-sourcing its enterprise offline Bitcoin wallet on Github.  

Judge Orders Trading Company, CEO to Pay $2.5M in Bitcoin Ponzi Scheme

According to the court order, Gelfman Blueprint Inc. (GBI) and its chief executive officer Nicholas Gelfman must pay a total of $2.5 million in penalties and restitution.

CME’s Q3 Bitcoin Futures Contract Up by 41%; Reaches Volume High of 5,053 Contracts

From first quarter’s 1,523, open interest for CME Bitcoin futures contracts has increased to 2,405 contracts in the second quarter. The third quarter has seen another rise with 2,873 contracts.

Indian Crypto Exchange Unocoin Launches First Bitcoin ATM

Indian Crypto asset blockchain company Unocoin has recently launched its first Bitcoin ATM in Bangalore, in an effort to improve crypto-to-fiat liquidity amid the country’s prevailing blanket ban.   
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