FBI Arrests Exchange Operator for Lying About 6000 Bitcoin Hack

Source : FBI Arrests Exchange Operator for Lying About 6000 Bitcoin Hack Jon E. Montroll, a 37 year old from Texas, is now facing up to 30 years in jail for perjury and obstruction of justice. The operator of Weexchange and Bitfunder is accused of repeatedly lying to the SEC … Plus…

Operator of Shuttered Bitcoin Investment Platform BitFunder is Arrested

Source : Operator of Shuttered Bitcoin Investment Platform BitFunder is Arrested Jon Montroll, the operator of a shuttered bitcoin-denominated exchange BitFunder, was arrested on Wednesday. The Justice Department and the U.S. Securities and Exchange Commission charged the owner of BitFunder, known as  “Ukyo”, with fraud and lying to U.S. regulators. … Plus…

Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price

Source : Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price News According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a … Plus…

Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option

Source : Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option News This Wednesday Jack Dorsey, the CEO of the payment processing firm Square, revealed the company’s Cash App users can now purchase and sell bitcoin. Back in November the Square Cash App’s bitcoin functionality was only available to select … Plus…

Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option

Source : Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option This Wednesday Jack Dorsey, the CEO of the payment processing firm Square, revealed the company’s Cash App users can now purchase and sell bitcoin. Back in November the Square Cash App’s bitcoin functionality was only available to select individuals … Plus…

Bitcoin Transaction Fees Are Pretty Low Right Now: Here's Why

Source : Bitcoin Transaction Fees Are Pretty Low Right Now: Here’s Why The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less … Plus…

BitPay Invoices Now Fully Compatible with Payments from SegWit Wallets

Source : BitPay Invoices Now Fully Compatible with Payments from SegWit Wallets BitPay is committed to providing the best payment experience for every blockchain we support. That’s why we have put in the work to make our payment processing service fully compatible with bitcoin transactions from SegWit wallets. What this … Plus…

Exchanges May Offer Custodial Lightning Network Accounts in the Future

Source : Exchanges May Offer Custodial Lightning Network Accounts in the Future Most Bitcoin users have high hopes for the Lightning Network. It is a new scaling solution which will – hopefully – enable instant Bitcoin transactions at very low cost. At the same time, there are some concerns over … Plus…

Bitcoin Exchange BTCC Just Got Acquired

Source : Bitcoin Exchange BTCC Just Got Acquired Bitcoin services startup BTCC said it’s been acquired by a Hong Kong-based blockchain investment fund. It did not name the buyer or reveal the price.

Brisbane Airport to Introduce Bitcoin Payments

Source : Brisbane Airport to Introduce Bitcoin Payments Featured Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin. The promise: “unprecedented digital currency experience” in the airport terminals. More than 20 merchants in … Plus…

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