Major Law Firm McLaughlin & Stern Now Accepting Bitcoin
One of New York's most distinguished law firms, McLaughlin & Stern, LLP, has announced that they are now accepting bitcoin payments for their legal services effective immediately, according to CoinApex. Headquartered in New York City (with offices in West Palm Beach, Florida and other locations in New York), the firm practices in a number of different fields, of which include taxation, employment, real estate, and bankruptcy. "We are excited to offer our clients a new way to pay," said Michael Paradise, member of the law firm's Executive Committee. "We believe it is important that if we....
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There was big news last week when a major New York law firm (started in the 18th century) decided to accept bitcoin. They're McLaughlin & Stern, and their big reason for adopting the digital currency was to be on the "cutting edge of law and technology." Other firms may have taken notice. Another New York law firm, NS Wasserstein & Associates, PLLC, has announced they they too have joined the bitcoin train by accepting the digital currency for services rendered in effort to get "ahead of the curve." "Digital currencies are here to stay," said Nat Wasserstein of the firm. ""Not only that,....
A partner at K&L Gates law firm, Jeremy McLaughlin, has predicted a resurgence in the US crypto industry amid ongoing regulatory turmoil. According to the crypto-focused lawyer, the US Securities and Exchanges Commission’s recent court losses reignite hopes for the blockchain industry. SEC Recent Court Loses Reignites Hope That Clear Crypto Legislation Is Underway McLaughlin’s […]
British Columbia's Simon Fraser University (SFU) announced today that its campus bookstore would begin accepting bitcoin payments starting 26th May. As part of the initiative, SFU will install bitcoin ATMs at its three bookstore locations in Burnaby, Surrey and Vancouver. The units will be provided by Ontario-based ATM operator BitSent, which boasts seven ATM locations across Canada according to its website. SFU executive director of ancillary services Mark McLaughlin told Georgia Straight that the decision was made as part of an effort to increase conversation about innovation on campus.....
A Canadian programmer has published what he claims is a vulnerability in Coinbase's Android apps, one that could allow an attacker to gain full access to a user's account. Software Engineer Bryan Stern went so far as to caution users not to use the Coinbase Bitcoin Wallet and Merchant apps for Android until the problem is fixed, and advised them to check their accounts for suspicious activity. However, the company has since responded to Stern in a reddit thread stating that the vulnerabilities were not as serious as Stern claims. Stern, who works on Android development at Hootsuite, said....
Since the very beginning, Bitcoin by nature was going to have difficulty abiding with regulation. As Bitcoin is decentralized and was designed from the ground up to be peer to peer; this did not mix well with most countries. A potential form of payment that could be used as a currency globally controlled by no one entity? A government’s worse nightmare. Which is the very reason law firms accepting Bitcoin are typically the slowest ones to accept Bitcoin, but not today. Law firm Anderson, Desimone & Green, has announced that it will be accepting Bitcoin. This makes it the first law firm in....