Founder of Bitstamp exchange Nejc Kodrič informed clients of the company, that their balances held before 5th of January are safe. Meanwhile Reddit users are posting messages about movement of stolen bitcoins.
The Vault of Satoshi trading platform has announced the closure of all operations at the beginning of February. The company posted the announcement on its website on the same day that Bitstamp announced a temporary suspension of all operations.
A statement on Bitstamp’s website informs the company’s customers of the loss of 19,000 BTC and temporary suspension of services. Still, there is nothing to worry about, says the company.
The slump in Bitcoin prices at the end of 2014 came at the same time as the Chinese stock market recovered. It might be not a simple coincidence.
Manhattan tour buses are carrying advertisements with references to Bitcoin.
Bitstamp, a major bitcoin exchange, has temporarirly suspended services, reports the company’s official Twitter account.
Tim Draper posted on Twitter saying that now is the time to exchange rubles for Bitcoin. He did not comment or specify any reason for his suggestion. Other users met the idea with scepticism.
The price of bitcoin reached $276.27 at 4 a.m. GMT on January 4, as the CoinDesk Bitcoin Price Index shows. The price of bitcoin has been falling since around midnight GMT on January 3.
A bill has come into force in the state of California which specifies that bitcoin is not under any ban of issuance or circulation and, therefore, is legal for payments and transactions. The comments section of the bill clarifies what bitcoin is and how it operates.
The North American Bitcoin Conference in Miami will begin in two weeks. A group of Reddit users has launched a campaign against one of its sponsors, Josh Garza
Cody Wilson, a candidate for the Bitcoin Foundation Board Election in 2015, has launched a campaign to dismantle the Foundation if elected. Wilson claims the Foundation should be “destroyed” for collaborating with authorities instead of promoting the revolutionary concepts of technological libertarianism.
According to the CoinDesk Bitcoin Price Index, the price of bitcoin has fallen to around $300 in the first exchange rate shift of 2015. The price of bitcoin fell by about $15 on January 3, reaching a low of $297.87.
The number of bitcoin operations is constantly growing. The past year saw 45.5% of all bitcoin operations in history.
Anthony Kosner at Forbes suggests that bitcoin should be seen as a “necessary building block” in the future of the world economy.
99% of Mt Gox bitcoins went missing through internal manipulation, not due to an external cyber attack, a Japanese newspaper reports. The newspaper cites an insider source and the Metropolitan Police Department.
The anniversary of the bitcoin boom of 2013 has seen the publication of many articles on the topic. In one of them, the MONEY portal of The Time Inc. observes that those who predicted fast growth for bitcoin were wrong.