News Category : Bitcoin and Currencies

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Bitcoin and Currencies
FinCEN Rules Commodity-Backed Token Services are Money Transmitters
NEWS RELEASE FinCEN Rules Commodity-Backed Token Services are Money Transmitters

Despite being a response to a specific inquiry by an unnamed company, the letter could be read as broadly applicable to startups seeking to both custody physical assets and issue a digital as....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
BitLicense Round-Up: Who’s Left Standing in New York
NEWS RELEASE BitLicense Round-Up: Who’s Left Standing in New York

Last updated: 14th August Established by the New York State Department of Financial Services (NYDFS), and now in effect, the BitLicense is a custom-made regulatory framework for bitcoin an....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
What Tokyo's Mt Gox Ruling Means for Bitcoin in Japan
NEWS RELEASE What Tokyo's Mt Gox Ruling Means for Bitcoin in Japan

Akihiro Shiba is an attorney-at-law qualified in Japan, working at Nishimura & Asahi's Tokyo office, with expertise in financial regulations and transactions and provides advice on virtual....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
California Assemblyman Defends Bitcoin Bill
NEWS RELEASE California Assemblyman Defends Bitcoin Bill

Last week, the Electronic Frontier Foundation (EFF) said the bill, which would prohibit virtual currency businesses from operating unless licensed to do so by the Department of Business Oversight ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
How Does US Law Apply to Foreign Cryptocurrency Companies?
NEWS RELEASE How Does US Law Apply to Foreign Cryptocurrency Companies?

Jared Marx is an attorney at Washington, DC law firm Harris, Wiltshire & Grannis. He advises companies about bitcoin-related regulatory law and represents companies and individuals in civil an....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
ItBit Reveals Bankchain Project Won't Use Bitcoin
NEWS RELEASE ItBit Reveals Bankchain Project Won't Use Bitcoin

With the formal unveiling, the New York-based bitcoin exchange has joined the number of blockchain firms seeking to compete for the attention of banks that want to utilize the efficiencies of dist....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Interpol Held a Dark Market War Game Using its Own Cryptocurrency
NEWS RELEASE Interpol Held a Dark Market War Game Using its Own Cryptocurrency

The organization's Global Complex for Innovation (GCI) developed the cryptocurrency to use for modelling use cases related to cybercrime. At the time, GCI suggested that it would come to be us....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
The Real Cost of Applying for a New York BitLicense
NEWS RELEASE The Real Cost of Applying for a New York BitLicense

Although the reasons behind startups' reluctance to apply for a license are varied, cost has played a significant part. Of those who did apply – and fronted the $5,000 non-r....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
NYDFS Receives 22 Initial BitLicense Applications
NEWS RELEASE NYDFS Receives 22 Initial BitLicense Applications

The announcement, made exclusively to CoinDesk, follows the 8th August filing deadline for businesses previously offering such services to the New York market, and does not include firms that have....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
ItBit Adds NSA Veteran to Advisory Board
NEWS RELEASE ItBit Adds NSA Veteran to Advisory Board

With the announcement, Ed Giorgio joins a board of advisors that includes Josh Rosner, managing director at research firm Graham Fisher & Co; Kang Global Investors managing partner Richard Kan....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Dutch Supermarket Bomber Demands Bitcoin Ransoms
NEWS RELEASE Dutch Supermarket Bomber Demands Bitcoin Ransoms

According to the police, the first attacks took place in May, when the perpetrator placed explosive devices in three different Jumbo supermarkets – a chain of stores belonging to the Van Eer....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Genesis Mining Leaves New York Following BitLicense Deadline
NEWS RELEASE Genesis Mining Leaves New York Following BitLicense Deadline

In a blog post released yesterday, the cloud mining firm – which claims to serve over 50,000 customers – said it had no choice but to block anyone with a New York IP address from ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Startup Sabr.io is Helping to Catch Bitcoin's Criminals
NEWS RELEASE Startup Sabr.io is Helping to Catch Bitcoin's Criminals

A new blockchain startup has claimed its software could help track down criminals faster and cheaper than ever. Sabr.io, one of 42 companies unveiled at 500 Startups' demo day in San Franci....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
New Cracking Tool Exposes Major Flaw in Bitcoin Brainwallets
NEWS RELEASE New Cracking Tool Exposes Major Flaw in Bitcoin Brainwallets

Originally conceived as a way to keep sensitive wallet data offline and make bitcoin addresses easier to remember, the brainwallet was partly undone due to how it interacts with the bitcoin blockc....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Coinify Acquires Competing Bitcoin Payments Processor Coinzone
NEWS RELEASE Coinify Acquires Competing Bitcoin Payments Processor Coinzone

With the move, the Denmark-based company has expanded its merchant base to an estimated 10,000 actively monthly customers, up from 8,000 before the acquisition. Further, it has grown its....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Bitcoin Exchange bitFlyer Raises $4 Million in New Funding
NEWS RELEASE Bitcoin Exchange bitFlyer Raises $4 Million in New Funding

According to a company statement, investors included VC firms Mitsubishi UFJ Capital Co – one of Japan's largest investors  – Venture Labo Investment Co and Mitsui Sumitomo In....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Fiat Wallets: The Key to Bitcoin Going Mainstream?
NEWS RELEASE Fiat Wallets: The Key to Bitcoin Going Mainstream?

Jack C. Liu is head of international at OKCoin and OKLink. He is based in Beijing and previously held roles at Barclays Capital and bitcoin exchange Kraken. In this article, he explores whether th....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Visa Working on Blockchain Tech in Innovation Labs
NEWS RELEASE Visa Working on Blockchain Tech in Innovation Labs

Speaking to LiveMint, the online division of India's second-largest newspaper, Visa executive vice president of technology Rajat Taneja indicated that the research will take place in the compa....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Bitcoin and Credit Cards Can Co-Exist, CardLinx CEO Says
NEWS RELEASE Bitcoin and Credit Cards Can Co-Exist, CardLinx CEO Says

Tavares used his forum at the conference to discuss his organization's focus on developing standards for promoting card-linking, a process by which the consumer data managed by payment compani....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Bitcoin Remittance Startup 37coins Announces Closure
NEWS RELEASE Bitcoin Remittance Startup 37coins Announces Closure

In a new blog post, the company said it was shutting down its service and its SMS-based wallet. However, users have until 30th December to withdraw their balances. More information about the withd....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
PwC: Cryptocurrencies Will Create Technology-Driven Markets
NEWS RELEASE PwC: Cryptocurrencies Will Create Technology-Driven Markets

The 17-page primer, released by the firm's Financial Services Institute this month, says it is no longer a question of if cryptocurrencies will transform financial services, but when and ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
BBVA: Blockchain Tech Could Replace Centralised Finance System
NEWS RELEASE BBVA: Blockchain Tech Could Replace Centralised Finance System

The report, titled Blockchain Technology: The Ultimate Disruption in the Financial System notes that the application of blockchain technology would first be useful in the payments space, wher....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
$100k Bail for Suspected Head of Bitcoin Exchange Coin.mx
NEWS RELEASE $100k Bail for Suspected Head of Bitcoin Exchange Coin.mx

According to Bloomberg, Anthony Murgio's bail was set at $100,000 by US Magistrate Judge James Frances. Murgio's bail terms also state he must not communicate with anyone associated wit....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Tech Interest Groups At Odds Over California Bitcoin Regulation
NEWS RELEASE Tech Interest Groups At Odds Over California Bitcoin Regulation

On Friday, Coin Center executive director Jerry Brito sought to distance his organization from the Electronic Frontier Foundation (EFF) and Copia Institute, which are opposing the law, AB-132....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
US Bank Regulator Calls for Balanced Bitcoin Oversight
NEWS RELEASE US Bank Regulator Calls for Balanced Bitcoin Oversight

Months after calling digital currencies "potentially revolutionary", OCC Comptroller Thomas Curry highlighted bitcoin during a recent speech as he called for regulato....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Deutsche Bank: Blockchain Can Help Banks Defend Business Models
NEWS RELEASE Deutsche Bank: Blockchain Can Help Banks Defend Business Models

Entitled "Blockchain – attack is probably the best form of defence", the post discusses bitcoin and blockchain and its implications for major banks broadly, calling the technology ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
What the New Australian Senate Report Means for Bitcoin
NEWS RELEASE What the New Australian Senate Report Means for Bitcoin

The release of the Senate Economics References Committee Report on Digital Currencies marks the start of the next phase for bitcoin in Australia. The 74-page report, which is the result of 10 m....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Comedian Louis CK Accepts Bitcoin Payments for Show Recordings
NEWS RELEASE Comedian Louis CK Accepts Bitcoin Payments for Show Recordings

The five-time Emmy award winner, whose real name is Louis Székely, is accepting payments in the digital currency through bitcoin payment processor BitPay. Although all of Sz&ea....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Bitcoin Exchanges Kraken and Bitfinex Cut Services in New York
NEWS RELEASE Bitcoin Exchanges Kraken and Bitfinex Cut Services in New York

The development is the latest in the ongoing debate over the BitLicense, New York's state-specific regulation for bitcoin businesses, which continues to be a lightning rod for criticism from b....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Will Regulation Dictate the Location of the World’s Bitcoin Hub?
NEWS RELEASE Will Regulation Dictate the Location of the World’s Bitcoin Hub?

He is also a former Cabinet minister in Luxembourg. In this article, he examines whether it is possible for one place to emerge as the world's bitcoin hub and whether regulation will....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Consumers' Research: Blockchain Tech Will Boost Consumer Protection
NEWS RELEASE Consumers' Research: Blockchain Tech Will Boost Consumer Protection

This has included more time and investment dollars devoted to applications in fields such as identity and security that, while not explicitly financial, play an equally prominent role in the globa....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
‘Bitcoins Cannot be Owned’ Japan court rules as it denies Bitcoin compensation cliam
NEWS RELEASE ‘Bitcoins Cannot be Owned’ Japan court rules as it denies Bitcoin compensation cliam

The Kyoto man lost 458 bitcoins worth around 31 million yen (£160,000) following the collapse of the MtGox exchange last year. But the Tokyo District Court said the currency was "not....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Central Bank Denies Claim Blockchain Broadly Used in Estonia
NEWS RELEASE Central Bank Denies Claim Blockchain Broadly Used in Estonia

One of the more curious observations included in documents recently released by the European Securities and Markets Authority (ESMA) was a submission from Deutsche Bank. The letter, a response ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Bitcoin in the Headlines: Mt Gox Erupts Again
NEWS RELEASE Bitcoin in the Headlines: Mt Gox Erupts Again

The arrest of Mark Karpeles – CEO of defunct bitcoin exchange Mt Gox – late last week all but ensured negative bitcoin coverage was broadcast far and wide. The global medi....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
9 Crypto Startups Make BBVA Competition Final
NEWS RELEASE 9 Crypto Startups Make BBVA Competition Final

The Spanish multinational banking group's global fintech startup competition is split into three regional finals. The European final will be held in Barcelona – where E....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Vitalik Buterin: On Public and Private Blockchains
NEWS RELEASE Vitalik Buterin: On Public and Private Blockchains

Vitalik Buterin is a programmer and writer. He founded Ethereum, a decentralized web 3.0 publishing platform, for which he won the World Technology Award in 2014. In this article, he explores the ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
New York Bitcoin Scene Divided As BitLicense Deadline Looms
NEWS RELEASE New York Bitcoin Scene Divided As BitLicense Deadline Looms

The deadline, set for 8th August, marks the end of a 45-day grace period following the publication of the BitLicense in the New York State register. Formulated by the New York State Department ....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
TØ Co-Founder Talks Overstock's Wall Street Strategy
NEWS RELEASE TØ Co-Founder Talks Overstock's Wall Street Strategy

  The unveiling of tØ, covered by news outlets including Wired and The Wall Street Journal, was broadly focused on appealing to attendees with expansive rhetoric and a sweeping visi....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
Market Research Giant Qualtrics Adds Bitcoin Reward Option
NEWS RELEASE Market Research Giant Qualtrics Adds Bitcoin Reward Option

The Utah company, which is valued north of $1bn following a $150m Series B in 2014, boasts more than 700 employees and investors including Sequoia Capital and Accel Partners. The offering was made....

@LubeStudio
2 yearss ago
Bitcoin and Currencies
G7 Pledged Support for 'Appropriate' Bitcoin Regulation at June Summit
NEWS RELEASE G7 Pledged Support for 'Appropriate' Bitcoin Regulation at June Summit

A global organization comprised of the heads of state from some of the world's largest economies including Canada, France, Germany, Italy, Japan, the UK and the US, the G7 met in Bavaria ....

@LubeStudio
2 yearss ago

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