BTC Guild Shutting Down, May be Sold

An announcement was posted to the website of the BTC Guild website stating their intention to shut down. Key dates include November 30th, the day they will shut down their mining servers and January 15th the deadline to withdraw coins from their service. In an update to their announcement they float the possibility of being sold and continuing operations. Note that if sold they do not plan to transfer mining history or balances to the new owners. Continue reading

Living Room of Satoshi Packs It In

Living Room of Satoshi, an Australian company which enabled users to pay BPAY enabled bills using Bitcoin, has shut its doors due to concerns regarding the recent Goods and Services Tax ruling from the Australian Tax Office. The company had only recently won "best pitch" at the Future of Payments conference held in Sydney, Australia on the 19th of September. Continue reading