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Bitcoin’s biggest problem is still the threat of a 51% attack, according to Dr Dirk Haubrich, head of consumer protection and financial innovation at the European Banking Authority (EBA). He made these comments on Friday at an event titled Controlling Cryptocurrencies at the University of Birmingham in the UK.
17 Jun 2015 01:06 pm | Emily Spaven
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Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against the digital currency's volatility. Users with euro, dollar or pound Coinbase accounts will be able to purchase or sell bitcoin directly on the company's website.
17 Jun 2015 11:46 am | Yessi Bello Perez
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Magnr, formerly BTC.sx – a bitcoin derivatives trading platform – has rebranded and is now offering bitcoin saving accounts with an interest rate fixed at 2.18% for a promotional period of six months. Following this, the interest rate will be variable, dependent on trading fees generated by users on the platform.
17 Jun 2015 09:45 am | Yessi Bello Perez
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San Francisco-based bitcoin exchange Kraken has launched a new dark pool for bitcoin trades. The dark pool, which functions as an invisible order book separate from the public one, is intended to provide a means for traders looking to move more than 50 BTC on the market in secret.
16 Jun 2015 10:50 pm | Stan Higgins
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ShapeShift founder and CEO Erik Voorhees discusses the company's new iOS app and its decision to stop serving the New York market. The startup recently made headlines after its announcement that it would cease offering services to New Yorkers as a result of the finalization of the BitLicense.
16 Jun 2015 09:20 pm | Stan Higgins
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Kleiner Perkins Caufield & Byers, one of the oldest and most storied venture capital firms in Silicon Valley, has named Roneil Rumburg, founder of the bitcoin and dogecoin sending service Backslash, to the staff of its new seed-stage investment fund.
16 Jun 2015 08:00 pm | Pete Rizzo
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Crypto-powered social network Reveal has announced $1.5m in funding from investors including Boost VC and Barry Silbert's Digital Currency Group. Using a combination of photos, videos and cryptocurrency, the app is aimed at exposing high school and college students to crypto technology.
16 Jun 2015 05:00 pm | Pete Rizzo
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