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Stan Higgins / CoinDesk:
Vancouver-based cryptocurrency exchange QuadrigaCX says its Ethereum smart contract error was due to updating Geth software, which led to almost $15M in losses   —  A Canada-based digital currency exchange is out as much as $14m worth of the cryptocurrency ether.
Jun 3, 2017, 1:05 PMIn context
Stan Higgins / CoinDesk:
Federal judge approves IRS request to serve summons on Coinbase for user records as part of larger investigation into possible tax fraud by its users   —  The US Internal Revenue Service can serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge ordered today.
Nov 30, 2016, 7:45 PMIn context
Stan Higgins / CoinDesk:
Visa announces 2017 pilot of Visa B2B Connect, a business-to-business payment platform based on Chain's blockchain technology   —  Visa has announced new details about a forthcoming business-to-business payments service developed in partnership with blockchain startup Chain.
Oct 21, 2016, 7:55 PMIn context
Stan Higgins / CoinDesk:
New York federal judge rules Bitcoin is money in case involving defunct bitcoin exchange Coin.mx connected to a broader investigation into JPMorgan hack   —  A federal judge in New York has ruled that bitcoin constitutes a form of money.  —  The ruling comes from the ongoing case involving …
Sep 20, 2016, 9:45 AMIn context
Stan Higgins / CoinDesk:
Steam is now accepting Bitcoin payments through processing service BitPay   —  Gaming Platform Steam Now Accepting Bitcoin  —  Confirming a long-rumored move, gaming and digital media platform Steam is now accepting bitcoin payments through processing service BitPay.
Apr 28, 2016, 12:10 PMIn context
Stan Higgins / CoinDesk:
As Bitcoin approaches its 1MB block size limit, transaction processing takes 10+ hours for some, while transaction fees rise several times   —  Bitcoin's Capacity Issues No ‘Nightmare’, But Higher Fees May Be New Reality  —  While bitcoin may not be facing a “nightmare” scenario as indicated by the media …
Mar 5, 2016, 12:10 AMIn context
Stan Higgins / CoinDesk:
SEC charges former CEO of Bitcoin mining firm, GAW Miners, with conducting a Ponzi scheme that defrauded up to 10K people of about $19M   —  SEC Charges GAW Miners CEO Josh Garza With Securities Fraud  —  The US Securities and Exchange Commission has charged former GAW Miners CEO Josh Garza …
Dec 1, 2015, 7:55 PMIn context
Stan Higgins / CoinDesk:
Lawsuit says $1.8M worth of Bitcoin was stolen from BitPay as a result of phishing attack on the firm's CFO and CEO, insurer being sued over claims payout   —  BitPay Sues Insurer After Losing $1.8 Million in Phishing Attack  —  BitPay has filed suit against a Massachusetts insurance company …
Sep 18, 2015, 1:55 PMIn context
Stan Higgins / CoinDesk:
Data Center Operator Sues CoinTerra for $5.4 Million in Damages   —  CoinTerra is being sued by a Utah data center operator for alleged breach of contract and $1.4m in unpaid services.  —  In court documents, C7 Data Centers alleges that former partner CoinTerra acted in bad faith …
Jan 14, 2015, 8:35 PMIn context
Stan Higgins / CoinDesk:
Bitstamp resumes services after revamping security, offers commission-free trading until Jan. 17, integrates BitGo's multi-signature wallet tech   —  Bitcoin Exchange Bitstamp Resumes Services  —  Bitcoin exchange Bitstamp has resumed services after having gone offline following a damaging hot wallet attack earlier this week.
Jan 9, 2015, 3:30 PMIn context

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