In an interview with WatersTechnology, UBS Group's CIO Oliver Bussmann discussed his plans for the future and how he has set his sights on technology that he believes will transform how companies such as UBS Group operate. Digital ledger technology or as he calls it, Blockchain, is one such technology on his radar. Continue reading
No Such lAbs Teases Future Developments
In their monthly statement today No Such lAbs teased at a potential future product, a piece of hardware capable of running a Bitcoin node. The venture's aim is to produce user auditable hardware to provide persons with an alternative to opaque open in name only computing solutions. Continue reading
MtGox Parent Company Tibanne Enters Bankruptcy
The Tokyo District Court has issued an order of commencement of the bankruptcy proceeding for MtGox parent company Tibanne. The request for bankruptcy proceedings were made by MtGox creditor Nobuaki Kobayashi late last month. Notification of the proceedings were published on the MtGox website earlier today and a text version is provided below. Continue reading
Love Will Inc (Pheeva Wallet) Win 2015 Olin Cup
Love Will Inc, a startup known for producing products such as the Pheeva Bitcoin wallet, have won the top prize in the 2015 Olin Cup competition. The Olin Cup, a yearly event held by Washington University's Skandalaris Center for Entrepreneurial Studies, awards first place getters a total of $50,000 in investments: Continue reading
BitMarket.pl Account Closed over HYIP Links
Silicon Angle reports that a likely catalyst for the suspension of bank accounts used by BitMarket.pl is a recurring connection between that exchange and High Yield Investment scams. The accounts were closed by BPH, a bank owned by bezzle economy giant General Electric. Silicon Angle also notes that BitMarket.pl was injured in the EgoPay drama.
Foundation Releases Report and Bitcoin 0.5.3.1
The Bitcoin Foundation released their January 2015 report on their development efforts today. Among other accomplishments was iterating the version number of their reference implementation of the Bitcoin protocol to version 0.5.3.1 and subjecting it to further rigor. Continue reading
Preet Bharara and Dratel Battle Over Defense Witness (Plain Text of Filings)
As the Silk Road show trial continues with Preet Bharara's team and Judge Forrest doing everything they can to suppress evidence that might allow for reasonable doubt, while permitting accusatory evidence without regard for its origin the battle has moved on to challenging the defense's witnesses. Continue reading
Coin-Swap Exchange Users Unable To Withdraw Their Coins
An increasing number of users of the altcoin exchange Coin-Swap are complaining about the inability to withdraw their coins from the exchange and claim that their support tickets and emails are yet to be acknowledged. The Coin-Swap exchange features over 50 altcoins which trade against bitcoin, dogecoin and more recently, paycoin. Continue reading
Qntra (S.QNTR) January 2015 Statement
McDonalds Creates Limited Redemption Altcoin
From February second through Valentines Day recycled food byproduct purveyor McDonald's will be minting and accepting the limited redemption of their own alternate currency. The currency will be allocated by fiat through a "Lovin' Lead" at each individual store that will select 100 customers at their location and offer them the chance to pay with the alternate currency. Those selected may commit a "Lovin' Act" as specified by the "Lovin' Lead" in order to pay for their "meal" at the cash register. Continue reading