Bye-bye Gox and hello BTC debit cards! Not entirely sure what I'm talking about? Take a look at this week's news roundup to get up to speed with the latest developments in the world of digital currency.
Mt. Gox announces commencement of bankruptcy proceedings: This week we bid our final goodbye to Mt. Gox as a company when bankruptcy proceedings were announced in Japan. The troubled bitcoin exchange officially filed for liquidation last week. A group of investors made a last ditch attempt earlier this week to stop the company from being liquidated, but a deal didn't materialize.
Jeff Garzik announces partnership to launch 'BitSats': Bitcoin core developer Jeff Garzik's Dunvegan Space Systems has partnered with Deep Space Industries Inc. to build 'BitSats' - bitcoin satellites that will be launched into space to act as a backup of the bitcoin block chain.
Xapo announces new BTC debit card: California-based bitcoin wallet provider Xapo is launching a bitcoin debit card. The product is being lauded as the first to allow bitcoin users to spend freely like traditional debit cards. Xapo said the card will debit bitcoin directly from users' wallets and could be used anywhere MasterCard is accepted, although MasterCard denied having a direct relationship with Xapo.
'The Rise and Rise of Bitcoin' premieres: The hotly anticipated bitcoin documentary 'The Rise and Rise of Bitcoin' premiered at the Tribeca Film Festival in New York on April 23rd. The film covers all of bitcoin's high-profile twists and turns since 2011.
State of Bitcoin Q1 2014 Report: CoinDesk released its State of Bitcoin Q1 2014 report which indicates that venture capital in the bitcoin ecosystem is soaring. For rest of the year, venture capital looks set to match early stage in the Internet in early '90s.
Thanks for watching, have a great weekend!
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
VideoRoundupsBitcoin News Roundup
$10K Test? Bitcoin Price Hits 4-Week High As Altcoins Shine
Bitcoin hit four-week highs in Asian hours but continues to underperform when compared to alternative cryptocurrencies (altcoins).
Having scaled a long-term bearish trendline, the world's largest c
DOJ Charges ICO Co-Founder With Securities Fraud
The Department of Justice has unveiled fraud charges against another co-founder of cryptocurrency startup Centra, a move that comes weeks after two other founders were arrested and charged.
Russia's Supreme Court Orders Review of Crypto Website Ban
The Supreme Court of Russia has directed a court in the city of St. Petersburg to consider an appeal against a blocked cryptocurrency information website.
According to Russian legal information sit
Quebec's Chief Scientist Denies Dismissing Crypto Concerns
Contrary to recent media reports, the Chief Scientist of Quebec has not downplayed concerns about the illicit use of cryptocurrencies, his office said.
On Thursday, several media organizations publ
Amazon Web Services launches 'blockchain templates'
Amazon.com wants to make it easier for developers to create projects based on the blockchain technology underlying bitcoin and other cryptocurrencies. The company's cloud computing division
Cloud Giant Xunlei Claims Blockchain Advance With 'ThunderChain'
Xunlei, the NASDAQ-listed cloud network provider, has launched its proprietary blockchain platform, despite ongoing class actions over an alleged initial coin offering (ICO).
At a press event in Be
Taiwan Eyes November Deadline for Bitcoin AML Regulation
Taiwan aims to formally regulate bitcoin under anti-money laundering (AML) rules before the end of the year.
According to the Taiwan Central News Agency, Chiu Tai-san, the country's minister of jus
Bitcoin Bull Trap? Not So, Says Lesser-Known Price Indicator
Is the reversal of a lesser-known bitcoin price indicator signaling a bull trap?
That's the question being asked by Twitter's more expert crypto analysts after bitcoin's rise to $8,500 this week, a