Bitcoin services provider Coinbase has announced it is shutting down its tip button effective 1st April, citing the traction of competitor ChangeTip. Perhaps most notably, Coinbase will be directing the 10,000 users its service has enrolled to ChangeTip in a bid of industry collaboration. Continue reading at CoinDesk Powered by WPeMatico

UPDATED (10th February 2015, 3:30am GMT): Updated with comment from project manager Sarah Blincoe. An event expected to involve the distribution of bitcoin to 70,000 residents of Dominica has been canceled. Continue reading at CoinDesk Powered by WPeMatico

An event to be held by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) next month is set to include a panel of payments and cryptocurrency professionals. Taking place in New York, the Business Forum panel will discuss cryptographic protocols and their potential impact on correspondent banks, those that provides services to other financial entities. […]

A cache of bitcoins and litecoins has been seized by federal law enforcement officials as part of an investigation into alleged counterfeit software sales and distribution. Approximately 105 BTC and 900 LTC were cited in a civil forfeiture that included more than $7m, hundreds of gold and silver bars and coins, and a number of […]

Kenya-based bitcoin services provider BitPesa has raised $1.1m as part of a new funding round led by hedge fund Pantera Capital. Additional participants in the round included VC firms Bitcoin Opportunity Corp, Crypto Currency Partners, Future/Perfect Ventures and Stephens Investment Management. BitPesa CEO Elizabeth Rossiello explained that funding comes at a time when the nine-member team […]