Bitcoin | Comsure
Thursday 17th April 2014
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Comsure operates in:the UK, Jersey, Guernsey

Flaw in Bitcoin, exchange shutdowns, $2.7 million theft: Is the end coming?

Are the end-times coming to Bitcoin? Putting aside the wild rides in valuation, the last few days have seen the three top exchanges halting withdrawals, a reported heist of $2.7 million, and the exploitation of a flaw in the Bitcoin protocol. Silk Road 2.0, a black market drug-trading site based on untraceable Bitcoins, reports that [...]

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Federal Reserve Economist On Bitcoin: ‘Small Phenomenon But Growing’

The price of Bitcoin reaches a new high this week, nearing and passing $300 on major exchanges.  It’s a big moment for Bitcoin. The digital currency has gotten an official nod from the overseer of U.S. currency in the form of a primer out of the Federal Reserve Bank of Chicago. Senior economist François R. [...]

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Texan charged for running Bitcoin Ponzi scheme

A Texan man has been charged by the Securities and Exchange Commission (SEC) for running a Bitcoin Ponzi scheme. The SEC filed the lawsuit against Trendon Shavers, who founded Bitcoin Savings and Trust (BTCST) and offered and sold investments in the virtual currency through the internet using the monikers ‘Pirate’ and ‘Pirateat40’. The SEC alleges [...]

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