C4 Announces Steering Committee; Invites Community Input

On Friday, March 13, the CryptoCurrency Certification Consortium (C4) announced that Andreas M. Antonopoulos, Mike Belshe of BitGo, Eric Lombrozo of Ciphrex, Joshua McDougall and Michael Perklin of C4, Sean Neville of Circle and John Velissarios of Armory Enterprise have agreed to form the steering committee for C4’s CryptoCurrency Security Standard (CCSS).The mission of the steering committee is to “ensure the CCSS remains up-to-date, neutral and...

Read More

OKCoin Reveals Security Policy: Sets Standard for Operational Transparency

On Friday, Star Xu, CEO of trading platform OKCoin, published his company’s security policy in a Reddit thread.“OKCoin has decided to openly share [its] cold wallet security information. Through this transparency, OKCoin aims to assure users of the security of their funds,” the post stated.Xu then encouraged members of the community to contribute feedback.He began by outlining the company’s security design philosophy, focusing on key vulnerabilities...

Read More

Ulbricht’s Lawyer Files for Retrial

Ross Ulbricht has not even been sentenced yet for his conviction as leader of Silk Road, the Amazon for drugs, and he’s already requesting a new trial.Joshua Dratel, Ulbricht’s attorney, filed a motion that includes evidence that suggests the federal government gained access to the server that Silk Road was on without a warrant. Further, the defense argues that the government may have tried to hack into the site.On February 4, after only 3 ½ hours...

Read More

Bter Teams with JUA.com to Upgrade Security, Repay Victims of Recent Hack

The newly rebuilt Bter.com, one of the world’s largest altcoin trading platforms, has announced that it has joined forces with JUA.com and is stepping up its security system. It has also set forth a plan for repaying all users who lost funds due to a recent theft.On the security side, JUA.com will provide 100 percent cold wallet escrow storage of users’ funds, and will gradually take on hot wallet security for deposits and withdrawals as well. Bter...

Read More

A Conversation with Coinbase’s Adam White

Coinbase, one of the largest and fastest growing companies in the Bitcoin space, recently received a $75 million investment from high-profile backers and launched an exchange.In addition to recently announcing their Series C funding and launching the first licensed exchange in the United States, Coinbase is focusing on continued international expansion and promoting their developer platform.Adam White, head of business development and strategy at...

Read More

Wall Street Bitcoin Alliance Launches to Reflect Growing Institutional Interest

The Wall Street Bitcoin Alliance (WSBA) is a new organization formed by business and technology executives and leaders within the financial industry, including banks, broker-dealers, institutional investors and hedge funds.The announcement states that the mission of the WSBA is to guide and promote comprehensive adoption of digital currency and blockchain technology across financial markets. The member-driven WSBA will interface with national and...

Read More

150 More MyCoin Bitcoin Scheme Victims Step Forward

An additional 150 victims of the allegedly fraudulent bitcoin exchange MyCoin have come forward to police, according to the South China Morning Post.Accompanied by Democratic Party legislator James To Kun-sun, 23 victims reported their involvement with the company to police on Wednesday. The development is the latest in the ongoing saga surrounding MyCoin, a platform billed as a bitcoin exchange but that may have never dealt in the digital currency.SCMP...

Read More

Counterparty and MathMoney f(x) Create Symbiont to Make Financial Markets Smarter

Counterparty founders have joined with MathMoney f(x) and its founder Mark Smith as co-founders of the new fintech company Symbiont. Symbiont will focus on fostering the symbiotic relationship between traditional financial markets and cryptographic blockchain technology.“Since we founded Counterparty over a year ago, our focus has consistently been on the creation and positioning of this technology as a solution for structural issues in the larger...

Read More

Three Unnamed Bidders Win Latest US Marshals Bitcoin Auction

The US Marshals Service (USMS) has revealed that three bidders each took home a portion of the 50,000 BTC sold during its most recent bitcoin auction.The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively.A spokesperson for the USMS confirmed...

Read More

Bitcoin Anywhere: A Bitcoin to Credit Card Gateway From Abine and Coinbase

Abine announced the release of Bitcoin Anywhere, a new service that lets users spend bitcoin at all online merchants that accept MasterCard. The service, currently in an invite-only beta, permits funding of a Blur “Masked Card” from a Coinbase wallet.Currently, Bitcoin Anywhere is available only to invited users of Abine’s Blur premium service.Blur Masked Cards are one-time MasterCards created on-the-fly by Abine, which can be used at all online...

Read More

Serica + Factom Announce Collaboration

London, UK March 10th, 2015Today, Serica and Factom jointly announced a collaboration wherein Serica will leverage the Factom technology to enhance their transparency & auditing strategy, and the Factom Foundation will use Serica as an important part of its asset allocation model.Serica Proof of Audit Serica uses Factom for global custodian auditing Serica’s token transaction transparency strategy focuses on eliminating trust through cryptography....

Read More

Talk about Tipping: This Week on Decentral Talk Live

by Bitcoin Magazine Staff on March 9, 2015 { } This week on Decentral Talk Live, hosts Ethan Wilding and Anthony Di Iorio have a new slate of guests covering topics like tipping, the ways companies get financing and pay employees in the bitcoin space, and the latest developments at Kraken.We’ll start with Justin Maxwell of Tibdit who will answer the questions: What’s a “tib” and what’s a “dit”? And how will Tibdit help to level the playing field,...

Read More

Tether + Factom Announce Collaboration

HONG KONG and London, UK March 9th, 2015.Today, Tether and Factom jointly announced a partnership wherein Tether will leverage the Factom technology to enhance their transparency and audit strategy, and the Factom Foundation will use Tether as an important part of its asset allocation strategy.Tether.to Wallet Transparency Tether.to uses Factom for time-stamping and replication of its wallet database Tether.to’s wallet transparency strategy focuses...

Read More

Threshold Signatures: The New Standard for Wallet Security?

A group of researchers from Princeton University, Stanford University and the City University of New York, have announced a new ECDSA threshold signature scheme that is particularly well-suited for securing Bitcoin wallets.Threshold signatures can be thought of as “stealth multi-signatures.” The new Bitcoin security scheme is detailed in a research paper titled “Securing Bitcoin wallets via a new DSA/ECDSA threshold signature scheme.”The announcement...

Read More

Recognizing Women in Bitcoin – The Week in Review from Decentral.TV

Sunday was International Women’s Day, when the Bitcoin community is joined with others around the world to promote awareness of women’s issues by launching its first Bitcoin Women’s Day. Like International Women’s Day, “Bitcoin Women’s Day is not just for women,” says Sarah Boone Martin of the Digital Currency Council. The issues that women are concerned about – equal access to healthcare, to financial systems, to the world economy, to employment,...

Read More