Friday, September 17, 2021

Bitcoin not money, US judge rules in victory for backers

Bitcoin, a Florida judge says, is not real money. Ironically, that could provide a boost to use of the crypto-currency which has remained in the shadows. Read more:

Bitcoin backer Pantera Capital targeting new $25m fund

Pantera Capital, has been focused on bitcoin and other digital currencies since 2011, and Dan Morehead argues that its price is “actually very predictable.” Read more:

BitGo reveals hard fork planning; will not support Bitcoin Unlimited

With a hard fork looming, BitGo, a multi-signature bitcoin wallet, has advised its customers what to do in the case of a new chain. Read more:

Bitcoin price breaks sleepy spell to jump above $950

Bitcoin prices are up more than 3% since the start of the day’s trading, climbing above $950 for the first time in weeks. Read more:

Straits Financial becomes first brokerage house to accept bitcoin

Straits Financial will become the first US-based Futures Commission Merchant (FCM) to accept bitcoin to fund trades and investments. Read more:

Is a lack of regulation stifling bitcoin growth?

Co-director of Imperial College London’s Centre for Cryptocurrency believes a dearth of regulation is undermining new financial technologies. Read more :

Investor Tim Draper is still buying Bitcoin and now owns Ether

Two years after buying roughly 30,000 BTC, investor Tim Draper is still passionate about the technology as well as competing blockchain offerings. Read more:

Coinbase CEO: IRS battle could cost startup $1m

Digital currency exchange Coinbase has officially responded to the so-called "John Doe" case instigated in November by the IRS. Read more:

Coinsecure and BitPay bring bitcoin payments to Indian merchants

Coinsecure and BitPay have teamed up to create a new platform for India-based merchants. The platform will allow merchants to receive Bitcoin but have rupees sent to their bank accounts instead. Read more:

Gatecoin completes recovery from hacking chaos with $500k investment

Hong Kong-based digital currency exchange Gatecoin has raised $500,000 just months after being hacked.