Bitfinex takes 36% from all users to compensate for $71m hack
Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.
Startup aims to garner donations in cryptocurrency for charities
Cross-Stratum Mutual Community Asia, a UK-based techno-finance startup, has announced its plans to release a new cryptocurrency – the Cross-Stratum Coin. Read more: www.econotimes.com
Zcash delays untraceable cryptocurrency for audits
The launch of a new cryptocurrency designed to make real the anonymity once thought to be offered by bitcoin has been delayed. Read more: www.coindesk.com
Bitfinex resumes trading following $77m hack
Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.
Partner departs bitcoin-focused VC firm Pantera Capital
Steven Waterhouse is leaving his role as partner and CTO at bitcoin and blockchain-dedicated VC firm Pantera Capital.
ATM Bitcoin Exchange begins international expansion
France is receiving a new bitcoin ATM with GrupoBTC France, a subsidiary of ATM Bitcoin Exchange, installing the machine in the southern city of Montpellier.
US government to auction $1.6m in seized bitcoin
The US government plans to auction over 2,700 bitcoin that were forfeited during several cases, including that of online black market Silk Road. Read more: fortune.com
HEAT secures $900k worth of cryptocurrency investment in ICO
HEAT, a self-appointed blockchain 3.0 platform, has raised over $900k at current exchange rate worth of various cryptocurrencies in the crowdfunding drive which started on July 11. Read more: www.econotimes.com
Bitcoin & blockchain investment surges to $290m
Investment in bitcoin and blockchain related companies is surging with a new study published Tuesday finally putting a figure to the investment boom. Read more: siliconangle.com
Bitcoin booms in Japanese market
Bitcoin trading is picking up pace in Japan after legislation passed by the government sees public trust improve.