Boston-based bitcoin startup Circle has always been a little vague about what exactly it is they’re building. The company’s website has rarely provided more detail than “building digital currency products that make money simpler, safer, and more powerful,” prompting no end of speculation about what kind of service Circle would eventually provide. Are they a…
On March 4, virtual currency exchange Poloniex was hacked through a previously unknown code vulnerability. Writing on the BitcoinTalk.org forum, owner Tristan D’Agosta outlined the process that allowed the attack and resulted in the freezing of trading and withdrawals on the site. The hacker discovered that if you place several withdrawals all in practically the…
Online illiquid asset marketplace SecondMarket recently announced plans to launch a dedicated Bitcoin exchange. The New York-based company has long traded in products like private company stocks and auction‐rate securities, but in recent months has been developing a strong virtual currency division. The new exchange would spin out this 11-member team and other assets into…
South Korean Bitcoin exchange Coinplug has released three new Android apps to help spur adoption of the cryptocurrency in the country. Coinplug’s trio are familiar tools for the Bitcoin faithful: a wallet, a trading app and a self-contained point of sale (POS) system for merchants. These appear to be the first Bitcoin apps created specifically…
Although Swedish Bitcoin exchange Safello is relatively new to the European market, it appears to have gained the attention of some major investors. Notable Bitcoin venture capitalists Erik Voorhees, Roger Ver and Blockchain.info CEO Nicolas Cary recently signed deals to provide some $600,000 to the company, which has only been active since August of 2013….