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California Bankruptcy Court to Decide Whether Bitcoin is Currency

On the background of the continuing legal debate concerning the status of bitcoin as commodity, currency, or property, a bankruptcy court of California is expected to rule whether bitcoin should be deemed a currency on February 19. The ruling is expected to conclude a lawsuit of HashFast mining company’s trustee Michael Kasolas against Marc Lowe, […]

World Government Summit Speech: Bitcoin Will Inevitably Become the Future of Money

Speaking at the World Government Summit, Nicolas Cary, co-founder and president of Blockchain.info, stated that cryptocurrencies are capable of disrupting the way people may handle money to pay for goods and services, and effect transactions around the globe. .@niccary: Bitcoin will inevitably become the future of money, replacing conventional way of doing every day transactions […]

The Princeton Textbook on Bitcoin is Available Free of Charge

The Princeton Universtity textbook on Bitcoin, accompanying the corresponding course of lectures, has been released and now available for no charge. The book contains over 300 pages and essentially covers almost everything related to the cryptocurrency. “If you’re looking to truly understand how Bitcoin works at a technical level and have a basic familiarity with […]

Rumor: Steam is to Integrate Bitcoin Payments Soon

According to a leak from the Steam Translation Server posted on the Steam subreddit, the platform intends to introduce purchasing for Bitcoin. As for now, Steam works only with credit cards, its own pre-paid gift cards, and PayPal.

Ethereum Beats Ripple Again to Become The Second Cryptocurrency by Marketcap

Ethereum has become the world’s second capitalized cryptocurrency again, with only Bitcoin prevailing. The price of Ether, Ethereum’s native token, gained more than 22% during the last 24 hours, and reached $3.72 at the time of writing.

Five British Fund Giants Secretly Research Bitcoin Technologies, Media Reports

Five major fund managers from the UK, namely Schroders, Henderson Global Investors, Columbia Threadneedle, Aviva Investors, and Aberdeen Asset Management, are secretly running a test to find out whether the bitcoin’s underlying technology capable of reducing expenses involved in trading. As reported by the Financial Times, the companies intend to use the technology to increase […]

Blockchain for Infrastructure: Two More Countries To Employ The Tech

This week, two different blockchain projects, Stellar and Factom, have announced their partnerships aiming at modernization of infrastructure in different countries with the opportunities inherent in the blockchain technology. While Factom works with technology consulting company iSoftStone on development of so-called ‘smart city’ strategy for several Chinese towns with the Chinese government as an end […]

Putin’s Internet Adviser Says Accepting Bitcoin is a Crime

In his recent interview with Lenta.ru German Klimenko, Vladimir Putin’s internet advider assigned to the position by the Russian president in early 2016, said that accepting bitcoin should be deemed an act of crime.

Digital Currency Group Invests in a Chilean Exchange

Barry Silbert’s Digital Currency Group joined the ranks of Chilean bitcoin exchange SurBTC’s investors. The move expands the group’s presence in the world’s key markets. Apart from DCG, investing in SurBTC were Sauzalito Ventures and founder of local law firm Barros & Errazuriz, Fernando Barros. Earlier reports stated that government-backed innovation incubator CorporaciĂłn de Fomento […]

Russian Ministry of Finance Says Bitcoin Could Threaten National Security

According to Russian Ministry of Finance, the so-called money surrogates, a term usually encompassing cryptocurrencies, may be a threat both to the country’s economy and national security.

The European Union to Tighten Control over Cryptocurrency Exchanges

The European Commission, the executive body of the EU, announced its plans to tighten accountability requirements for cryptocurrency exchanges and bitcoin wallet providers. The measure is a part of the EU’s extended efforts to combat financing of terrorist groups. In particular, the European officials intend to oblige EU-based wallets and exchanges to have all of […]

Corrupted Secret Service Agent for Silk Road Case Attempted to Flee from the U.S.

Shaun Bridges, a former Secret Service agent previously sentenced to six years in jail for stealing bitcoins from a Silk Road dealer, has allegedly attempted to flee from the United States to avoid serving the term.