Cryptocurrency exchange X-BT.com is closing down as of today, though the site will remain online for at least two weeks to allow customers to withdraw funds held on the platform. The announcement which arrived via email reads: Continue reading
Category Archives: News
Bitreserve Holds your Bitcoins as Fiat
In an attempt to address the price volatility of Bitcoin, Bitreserve recently launched as a Bitcoin storage service that keeps users' funds in the form of fiat. Bitreserve does this by immediately market selling any incoming deposits, essentially locking in the fiat value of the credited funds. Users are entitled to the locked fiat amount in Bitcoin upon withdrawal, thus users may lose or gain BTC due to volatility. Continue reading
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
Multisig Vault By Coinbase
Coinbase today unveiled their multisig wallet product which will allow customers to store their bitcoin with the site while restricting the ability for Coinbase and others to move the coins unbeknownst to the customer. Coinbase stated that they underestimated customer demand for such a product. Continue reading
CurrentC Breeched
Fiat mobile payments system and Apple Pay competitor CurrentC has been hacked according to a number of reports. CurrentC says a number of customer email addresses were taken, and the damage is allegedly confined to that.
RockMiner and ASICMINER Form Mining Cartel to Launch AMHash1
ZeusMiner a scrypt mining hardware producer announced in September their partnership with RockMiner to help enter the Bitcoin market. RockMiner then announced they would also be partnering with ASICMINER and XBTec in launching AMHash1 mining fund on Havelock Investments. Continue reading
MIT Bitcoin Project Goes Live
The MIT Bitcoin Project, which raised over $500,000 in bitcoin earlier this year, has finally gone live. Continue reading
USG Bezzel Rocket Explodes
WKMG in Orlando reports that an unmanned resupply ship commissioned by NASA for the International Space Station has exploded seconds after launch. The craft was an Antares Rocket and Cygnus Resupply craft combination supplied to NASA by contractor Orbital Sciences Corporation.
Update: Video of the explosion Continue reading
LedgerX Thinks Bitcoin is Ready for Options (Again)
New York City startup LedgerX has submitted applications to the U.S. Commodity Futures Trading Commisions (CFTC), to register as a "swap execution facility and derivatives clearing organization." If approved LedgerX would be allowed to list physically-settled digital currency option contracts, particularly Bitcoin denominated contracts. Continue reading
Justcoin Exchange Closing
Justcoin is shutting their doors. The announcement on their blog simply reads:
Justcoin is shutting down. Affected users, check your email
But the email reportedly sent to users goes into a bit more detail. Continue reading