It's a huge hack — the second-largest ever successful confirmed attack on a bitcoin exchange. Back in 2014, MtGox, then the largest exchange, collapsed after $460 million in bitcoin was stole... Read More
Perhaps BitFinex will indeed do what Bitcoinica, Kronos.io, and Icbit could not and provide a secure and lasting margin trading service for the masses. But perhaps this platform too will fail in the s... Read More
There are perhaps more interesting solutions on the horizon as well. Bitcoin’s programmability in particular may allow for novel solutions to prevent or revert thefts even after they have happened.<... Read More
The text of this report has been updated for clarity.
The Bitfinex hack rocked the bitcoin world when it occurred in early August, resulting in the loss of nearly 120,000 bitcoins. The incident imp... Read More
Coinbase Taps Twitter Vet to Bolster Customer Support Team
Cryptocurrency startup Coinbase has hired a former Twitter executive in an effort to shore up its customer support teams.
Tina Bhatnagar will serve as vice president of operations and technology, a
IMF Calls for International Cooperation on Crypto
The International Monetary Fund (IMF), an organization that aims to foster global monetary cooperation and financial stability, has called for global coordination on cryptocurrencies, warning of the r
Commodity Merchant Louis Dreyfus Trials Blockchain for Soybean Trade
Louis Dreyfus, a major commodities trading company, has announced that it has piloted a blockchain-based transaction system developed by a group of financial institutions including ING.
Bitcoin tanks more than 10% to below $11,000; South Korea announces details on crypto tax
Bitcoin and other major digital currencies dropped sharply Monday morning. Bitcoin briefly tumbled to a low near $10,234 on Coinbase around 11 a.m., ET, marking a loss of about 11 percent over