The Department of Financial Regulation of Vermont has issued a letter to the operators of the state’s only bitcoin ATM suggesting that they may be subject to penalties for operating the machine without a money transmitter license. Bitcoin ATM services operator PYC and Blu-Bin, a Burlington-based 3-D printing business, were both sent the correspondence, according to […]

A group composed of developers and security professionals have proposed a set of rules aimed at standardizing security protocols used by companies that handle or store digital currencies for their clients. The proposal, created by the Cryptocurrency Certification Consortium (C4) and formally unveiled on 11th February during the DevCore bitcoin development conference in Boston, Massachusetts, […]

The latest version of Bitcoin Core was released yesterday, with key changes that address the declining number of nodes, how transaction fees are set for the Bitcoin Core wallet and simplifying the process for developers to get involved with bitcoin projects. It’s perhaps the latter point that will have the biggest impact on how developers […]

UPDATE (17th February 8:15 BST): This piece has been updated with additional comment and information from CAVIRTEX regarding the exchange closure. Canadian bitcoin exchange CAVIRTEX has announced that it will shut down operations next month following the compromise of sensitive security information, including password hashes and two-factor authentication secrets. The company announced the closure in a […]

OKCoin chief technical officer (CTO) Changpeng Zhao has officially announced he will depart the company, citing a difference of direction as the impetus for the decision. Zhao joined the China-based bitcoin exchange in June, at a time when OKCoin was seeking to extend its services internationally. Today, the exchange is number two in the USD […]