Enron, WorldCom, Lehman Brothers and Saytam are all dark moments in corporate history. One way or another, they all cooked the books to hide their true financial position, at the expense of investors, customers, and sometimes, the tax payer. Could the blockchain be used to stop corporate fraud? It’s unlikely that large organizations would begin trading […]

A group of nine business owners and legal experts pitched a panel of New Jersey legislators this week on why they should make the Garden State a hub for bitcoin development. To get there, the panel urged, would require creating an environment in which digital currency developers, startups and ideas could flourish without the risk […]

New York’s bid to become the first state with a dedicated regulatory regime for the digital currency industry took a step forward this week when the New York State Department of Financial Services (NYDFS) published an updated draft of its BitLicense proposal. While only released on 4th February, the digital currency industry is already beginning […]

A detailed exploration of a bitcoin mine in Dalian, a major city in the north-east of mainland China, has been published by VICE’s technology title Motherboard. The facility is called the No. 1 Bitcoin Mine. It contains 3,000 miners and costs $80,000 a month for 1,250 kW of electricity to keep them running, according to the film. It’s located in the Changcheng area, […]

A new price comparison site hopes to boost bitcoin remittances in Latin America by placing traditional and digital currency-based services side by side. Mondome, which has already partnered with exchanges such as Bitso, MexBT and Ripio, has been designed to let people understand bitcoin’s benefits by letting them to compare it with other existing payment methods. Pelle Braendgaard, co-founder at Mondome, […]