So let’s say the total number of lost coins is 2.5 million.
Bitcoin is surging. The exchange rate of the leading digital currency broke the $800 mark earlier this week, to reach a two-year high o... Read More
First of all, what is different between the post-crash period this year and that in 2011? The main answer is, this time the recovery came much more quickly. While in 2011 the Bitcoin price kept steadi... Read More
A Bitcoin user had $480 cleared out from their MtGox account even with two-factor authentication installed. It appears that an attacker had managed to somehow get into the account before the two-facto... Read More
BitInstant have since learned their lesson, and are now using multifactor authentication for their VirWoX account as well.
Unbeknownst to us, Tihan was using the mtgox api key as the password for a... Read More
Bitcoinica has fallen far in these past four months. The margin trading service that was once hailed as a revolutionary margin trading service and a shining beacon of success in the Bitcoin economy ha... Read More
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre