Traders Raise Concern as Biggest Bitcoin Exchange Halts Deposits

Traders Raise Concern as Biggest Bitcoin Exchange Halts Deposits

An announcement by one of the world’s largest bitcoin exchanges has stoked fears another Mt Gox-style meltdown may be brewing. The largest bitcoin exchange by US dollar volume in recent weeks, Bitfinex revealed today it will be unable to accept incoming wires...
Bitfinex Withdraws Lawsuit Against Wells Fargo

Bitfinex Withdraws Lawsuit Against Wells Fargo

Digital currency exchange Bitifnex has withdrawn its lawsuit against US banking giant Wells Fargo, a week after it was first filed. Court records show that yesterday, lawyers for the plaintiffs – iFinex (the owner and operator of the exchange), its two British Virgin...
Market Enabler? Exchanges See Blockchain as New Revenue Play

Market Enabler? Exchanges See Blockchain as New Revenue Play

While distributed ledgers were once considered a way for financial firms to upgrade back-office processes, some appear to be changing their tune on the tech. At the World Exchange Congress in Budapest this week, representatives from global exchanges met to discuss...
War of the Words: Who’s Said What About a Bitcoin Fork?

War of the Words: Who’s Said What About a Bitcoin Fork?

Bitcoin is abuzz with chatter about the prospects of a possible network split, a development that could drive the emergence of two separate blockchains. Speculation has grown in recent weeks that miners and users backing Bitcoin Unlimited – an alternative bitcoin...
Digital Currency Exchange ShapeShift Raises $10.4 Million Series A

Digital Currency Exchange ShapeShift Raises $10.4 Million Series A

Digital currency exchange startup ShapeShift has closed a $10.4m Series A. Led by Berlin-based Earlybird Venture Capital, the round included participation from Lakestar, Blockchain Capital, Pantera Capital and Access Venture Partners, the firm said today. Existing...
Bitcoin Exchanges Unveil Hard Fork Contingency Plan

Bitcoin Exchanges Unveil Hard Fork Contingency Plan

A group of nearly 20 exchanges has released contingency plans in the event that the bitcoin network splits in two, creating two competing currencies. The exchanges are now planning to list Bitcoin Unlimited (BU) as they would an alternative cryptocurrency, according...
Polish Law Enforcement Investigating Bitcurex Exchange Shutdown

Polish Law Enforcement Investigating Bitcurex Exchange Shutdown

Prosecutors in Łódź, Poland, have launched an investigation into the shutdown of Bitcurex, one the country’s oldest and largest bitcoin exchanges. Earlier this year, the platform suddenly went offline, reportedly depriving its users of access to some 2,300...
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