Archives for February 2015

February 25, 2015

BREAKING NEWS: BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin Security (Bitcoin Magazine)

FEBRUARY 25, 2015, BITCOIN MAGAZINE BitGo, a leader in Bitcoin security, announced Tuesday it had secured first-of-its-kind insurance coverage for bitcoin theft through the Bitcoin Financial Group from the global, A-rated XL Group insurance companies. With this announcement, BitGo joins the list of industry leaders including Xapo and Coinbase that offer insurance for bitcoin stored […]

February 25, 2015

Cyberinsurance Veteran Teams With BitGo on ‘Watershed’ Insurance Policy (CoinDesk)

FEBRUARY 25, 2014, COINDESK, Bitcoin security specialist BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in theft insurance to customers who opt in to the program. The coverage will protect BitGo‘s web wallet and platform API clients from errors resulting from its technology, processes […]

February 25, 2015

Cyberinsurance Veteran Teams With BitGo on ‘Watershed’ Insurance Policy (CoinDesk)

February 24, 2015

New Hampshire Lawmakers Debate Accepting Bitcoin for Tax Payments

The New Hampshire state legislature held a pair of hearings earlier this month that focused on how the state could create a means for residents to pay taxes and fees using bitcoin. Up for debate is a bill recently filed by state representative Eric Schleien that would open the door for the state to accept bitcoin. The […]

February 24, 2015

Europol: Bitcoin’s Popularity Growing in Illicit Online Markets

Bitcoin is increasingly being used to pay for livestreams of child sex broadcasted over illicit Internet sites, according to a new Europol report. Produced by Europol’s EC3 cybercrime centre, the report sheds new light on the commercial sexual exploitation of children online, while providing evidence that individuals with a sexual interest in children are becoming more […]