Video: Roundup of This Week's Bitcoin News 4th April 2014
Didn't get a chance to check out all the awesome news and features on CoinDesk this week? Don't panic: here are the news highlights you may have missed out on. Price of bitcoin falls under $500: The price of bitcoin dropped below $500 amid uncertainty whether the China government would try to prohibit banks from working with digital currencies. Three China-based bitcoin exchanges suspend trading: BTC38 was the first to suspend fiat-to-digital currency trading after a shift in policy from the People's Bank of China. OKCoin and FXBTC followed hot on its heels. eBay adds 'virtual currency'....
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Bye-bye Gox and hello BTC debit cards! Not entirely sure what I'm talking about? Take a look at this week's news roundup to get up to speed with the latest developments in the world of digital currency. Mt. Gox announces commencement of bankruptcy proceedings: This week we bid our final goodbye to Mt. Gox as a company when bankruptcy proceedings were announced in Japan. The troubled bitcoin exchange officially filed for liquidation last week. A group of investors made a last ditch attempt earlier this week to stop the company from being liquidated, but a deal didn't materialize. Jeff....
This week Apple let down its anti-bitcoin guard and 50 Cent dropped a new album with some exciting news. Check out these and other top news stories in this week's roundup. Apple updates its policy on virtual currencies: Apple released an update to its App Store Review Guidelines. The updated purchases and currencies section now reads: "Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions." Apple has had a long history of restrictive policies dating back to 2012....
Been too busy during this shorter work-week? Before you dive headfirst into the long weekend, check out our biggest news headlines from the last seven days: Bicoin price tops $500 as China fears subside: It had been rumoured for a couple of weeks that People's Bank of China had issued a deadline for all banks in the country to cut-off bitcoin exchanges. The 15th April deadline came and went and it was business as usual, at least for BTC China. The price of bitcoin rose back up past $500 mid-week following this news. Gyft no longer offering Walmart gift cards: Mobile card provider Gyft was....
In this week of closures, crashes and heartbleed, here are three of the biggest stories we covered on CoinDesk. Bitcoin price falls below $400: The price of bitcoin hit a low of $344 this week following deposit freezes at Chinese bitcoin exchanges. The initial drop happened after an announcement from Chinese exchange BTCTrade.com, which was then corroborated by similar statements from Huobi and BTC100.org. This is the lowest the price has fallen since November 2013. National Australia Bank turns back on bitcoin: NAB has decided to disassociate itself from bitcoin and will be closing the....
Want a quick roundup of what's been happening in the world of digital currencies? Here are our three biggest headlines from this past week: Unusual database error causes Blockchain outage: The bitcoin data and wallet service, Blockchain.info, was down for more than a day this week. Issues started when Blockchain suspended Shared Coin transactions. The company has since moved to reassure customers that their bitcoins are safe. KnCMiner announces first scrypt miner: KnCMiner is now accepting pre-orders for 'Titan', its first mining rig dedicated to script mining. At just under $10,000, Titan....