Why Circle’s Bitcoin ‘Pivot’ Isn’t What it Seems

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk’s product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. As you’ve likely heard, Circle announced this week...
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BTCC Takes Aim at Bitfinex With US Dollar Bitcoin Trading

“It’s both a liabilty and an opportunity.” At least that’s how BTCC CEO Bobby Lee describes his Shanghai-based bitcoin exchange startup’s affiliation with its domestic market. Formerly known as BTC China, BTCC markets itself as the “world’s longest-running bitcoin exchange”, but it’s now taking steps to...
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Bitfinex Reimburses First Bitcoin Exchange Hack Victims

Bitfinex has finally begun to reimburse its customers. Announced 1st September, the Hong Kong bitcoin exchange revealed it had purchased more than 1% of the blockchain debt tokens it issued to customers in August as a way to pay them back for losses it experienced in a debilitating hack. While...
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JPX: Distributed Ledgers ‘Better’ With Third Parties

A new report from financial giant Japan Exchange Group (JPX) contends that distributed ledgers will work “better” when applied to capital markets if third parties are involved. The finding comes from a 27-page working paper, released yesterday, in which JPX offered insights into its proof-of-concept...
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Mizuho Bank Dealt Blow in Mt Gox Lawsuit Update

A US judge largely denied a bid last week by Mizuho Bank to dismiss charges filed against it in a class action lawsuit tied to the collapse of defunct bitcoin exchange Mt Gox. In a court order dated 26th August, US District Judge Gary Feinerman ruled Mizhuo should face charges...
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