New BitBox exchange promises 'secret weapons'
It's the newest bitcoin exchange and the first to be incubated at a university. BitBox launched this week with CEO Kinnard Hockenhull promising innovation from the get-go. "We've got a couple of secret weapons in the works but you'll have to wait to get the scoop on them," Hockenhull said in an e-mail to CoinDesk. Recent events have shown that the bitcoin economy is too large for a single exchange to handle, Hockenhull said, in a veiled reference to the market-dominating bitcoin exchange, Mt. Gox. "Simply put, there aren't enough exchanges for bitcoin to be as successful as we all want it....
Related News
Kinnard Hockenhull is the founder of BitBox, a US-based exchange and provider of bitcoin-related services. The company is FinCEN registered and BitBox was accepted into the most recent class at Boost VC, a venture capital firm and startup incubator located in downtown San Mateo, California. Boost VC's Adam Draper has invested in Coinbase and has a focus on bitcoin-based businesses: of the 17 start-ups in Boost VC's current summer class, seven are bitcoin-related startups. Participants in the incubator such as Hockenhull live and work on the same block, which has its own living space in the....
A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally. In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based dark net seller of weapons to a "worldwide client base," according to a press release from the Australian Federal Police (AFP). The arrest came as the result of the Australian Customs and Border Protection Service....
Bitcoin ATMs are seemingly popping up everywhere. From North America to Eastern Asia, and now: the Middle East. A report from Haaretz indicates that one of (if not the) first bitcoin ATMs in the Middle Eastern region is slated to come online Wednesday in Tel Aviv, Israel. Manufactured by Las Vegas, Nevada-based Robocoin and operated by a Bitbox, the machine will allow its users to both buy and sell bitcoins in a matter of seconds without going through bureaucracy. "The launch of the first Bitcoin ATM in the Middle East will allow any person with no previous knowledge of bitcoin and how it....
A hacker group has claimed to have breached a NSA affiliate, obtaining details of cyber weapons which it wishes to auction for 1,000,000 bitcoins. NSA Cyber Weapons for A Million Bitcoins? An assumed group of hackers, the ‘Shadow Brokers,’ has claimed responsibility for the hack, but this is currently disputed. Released August 13 on GitHub but now....
The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Secret Service’s Crypto Awareness Hub The....