Though a number US states have recently introduced measures that would allow bitcoin to become accepted as payment, Vermont came into the spotlight this week for a different reason – its decision to abruptly shut down the state’s only bitcoin ATM. While the machines operators, New York-based PYC, have tried to paint the state as out […]
Vermont Finance Commissioner: We Don’t Need a BitLicense
Game Developer Prepared to Return ‘Bitstamp Hack’ Donation
Following concerns raised on Reddit that funds from its recent hack had been donated to iOS game SaruTobi, Bitstamp said it is unlikely to follow up on reports on the matter, leaving the investigation to the authorities. Speaking to CoinDesk, CEO Nejc Kodric said: “We have not verified if the donation originated from stolen coins and I don’t think that […]
Melbourne Celebrates Chinese New Year With Bitcoin Giveaway
The Melbourne Bitcoin Technology Centre (MBTC) has partnered with the Bitcoin Group to give away the digital currency in Melbourne’s Chinatown precinct. The “lucky money” envelopes containing a bitcoin paper wallet were handed out to passers by and merchants to mark the Chinese New Year. Pantelis Roussakis, communications manager at MBTC, said: Continue reading at CoinDesk […]
Payment Processor Stripe Now Allows Any Business to Accept Bitcoin
Stripe has officially launched its bitcoin payments integration following nearly a year of beta testing. With the launch, Stripe is now allowing merchants in its network that have US dollar bank accounts to accept bitcoin. Integration for merchants is made possible through either its API or as part of its Checkout feature. Continue reading at CoinDesk […]
Report: Mt Gox Data Provides More Clues to Trading Bot ‘Willy’
Tokyo-based security firm WizSec has released a preliminary analysis of suspicious trading data leaked from now defunct bitcoin exchange Mt Gox. The exchange suspended its operations in February last year and was subsequently declared bankrupt in March, having lost around 850,000 BTC (more than $450m at the time). Since last November, bitcoin exchange Kraken has worked alongside authorities to support the investigation […]