Caleb Chen

Caleb is a graduate of the University of Virginia where he studied Economics, East Asian Studies, and Mathematics. He is currently pursuing his MSc in Digital Currency at the University of Nicosia.

Xapo Bitcoin Security Measures Use Satellites, Military Bunkers, and “Deep” Cold Storage

In a new blog post, Bitcoin company Xapo has revealed more about how they do security. Xapo has also revealed that they have passed a Service Organizational Control 2 …

[Continue Reading...]

PricewaterhouseCoopers Response to HM Treasury on Digital Currency

At the close of 2014, at the start of November, HM Treasury, the UK government’s financial body, opened a public consultation (call for information) on digital currencies period to …

[Continue Reading...]

Undercover Silk Road Agent Believed Dread Pirate Roberts (DPR) to Be Mark Karpeles of Mt. Gox

Is Mark Karpeles the infamous Dread Pirate Roberts? The Ross Ulbricht trial currently ongoing in New York City has taken an unexpected turn. The defense, with the help of …

[Continue Reading...]

Russia Has Blocked Several Bitcoin Sites in Preperation for Russian Bitcoin Ban

The Russian Bitcoin Ban is still incoming, so it seems. Russian telecom regulator Roskomnadzor has finally acted on a court order from 2014. Russia is currently blocking access to …

[Continue Reading...]

Bitcoin Exchange Bitstamp Is Back Online with Multi-sig Security after Hack

Slovenian Bitcoin Exchange Bitstamp is now back online with better security than ever. Bitstamp made waves in the mainstream media over the last several days when it went offline …

[Continue Reading...]

Bitcoin Mining Company Butterfly Labs (BFL) Reopens; Starts Issuing Refunds

Infamous Bitcoin mining company Butterfly Labs (BFL) has reopened and has an updated website following their tussle with the FTC. The FTC started investigating Butterfly Labs in late 2014 …

[Continue Reading...]

Bitcoin Exchange Bitstamp Confirms Loss of ~18,866 BTC (~$5 million USD) from Hot Wallet

Bitstamp CEO Nejc Kodrič has confirmed in a statement that “less than 19,000 BTC” was stolen due to a Bitstamp operational wallet being compromised. CCN has previously reported on this …

[Continue Reading...]

Did a Bitcoin Exchange Just Lose 12% of Its Bitcoins? Possible Bitstamp Hack Address Contains 18,866 Stolen BTC

A bitcoin address containing ~18,866 bitcoins may hold the stolen bitcoins from the Bitstamp hack on January 4th. Bitstamp confirmed last night that “we have reason to believe that one …

[Continue Reading...]

Wallet Breach Causes Bitcoin Exchange Bitstamp to Temporarily Suspend Service

Bitcoin exchange Bitstamp has temporarily suspended service as a result of a confirmed Bitcoin wallet breach. Earlier today, Bitstamp started by taking unusually long to process bitcoin withdrawals. Later, …

[Continue Reading...]

Bitcoin Exchange Bitstamp Withdrawals and Deposits Stopped after Possible RNG Attack

Bitcoin exchange Bitstamp has temporarily halted withdrawals and emailed users a warning about using old deposit addresses. Earlier today, Bitstamp noticed an issue with their hot wallet and stopped …

[Continue Reading...]

Accenture Payment Services Head Pleasantly Surprised at Level of Digital Currency Adoption

Earlier this year, Accenture conducted their 2014 North American Consumer Payments Survey, which revealed surprising data about the rate of digital currency adoption. The Accenture survey revealed that those in the …

[Continue Reading...]

Japanese Police Suspect 99% of Mt. Gox Bitcoins Missing Due to Fraud, Not Transaction Malleability Hack

The joint Japanese and American government investigation into the whereabouts of supposedly stolen Mt. Gox bitcoins has announced a key discovery. The Japan News, Japan’s largest English language newspaper, …

[Continue Reading...]

Winklevoss Bitcoin Trust ETF Files for 1m Shares on Nasdaq; More to Be Revealed in January

Earlier today, the Winklevoss Bitcoin Fund, an exchange-traded fund (ETF) founded by Cameron and Tyler Winklevoss formally filed for shares on Nasdaq. The Bitcoin Trust filed with the Securities Exchange …

[Continue Reading...]

Microsoft also Exploring Blockchain Technology for the IoT “World of Distributed, Connected Devices”

Since starting to accept Bitcoin earlier this month, Microsoft has not started offering Bitcoin acceptance globally, or for all of its products. Currently, users that wish to load their Microsoft …

[Continue Reading...]

BitPay Airs First TV Bitcoin Commercials On ESPN #BitcoinBowl

The Bitcoin community around the world is currently watching the #BitcoinBowl, and not necessarily for the schools competing (UCF vs. NC State). Instead, many were watching closely to see …

[Continue Reading...]

How the Reddit MillionaireMakers Are Using the Bitcoin Blockchain

The MillionaireMakers subreddit grew out of one of Reddit’s infamous shower thoughts, in which Redditor moizmie correctly posited that “If a million of us picked a certain redditor and all …

[Continue Reading...]

Nas to Give Bitcoins to Top 100 Fans; 50 Cent on Bitcoin: “All Money Is Money”

Nas, one of the most popular and prolific rappers of all time, has taken his Bitcoin promotion to the next level. Just a few hours ago, Nas posted to his …

[Continue Reading...]

Former US Mint Director Edmund C. Moy on Crashing Currencies: “More Citizens are Now Relying on Bitcoin Air Bags for Safety”

Whenever there are crashing currencies somewhere around the world, Bitcoin enthusiasts start “chomping at the bit” to introduce cryptocurrency to the economically unstable space. As the world becomes increasingly connected through the …

[Continue Reading...]

“What is Bitcoin?” Is Google’s 4th Most Searched “What is…?” Term of 2014

Google, the most popular online search engine everywhere in the world (except for China) has revealed its highly anticipated search lists for the year 2014. With the year’s data …

[Continue Reading...]

Silk Road Trial Evidence Against Ross Ulbricht Revealed

The New York City prosecutors’ evidence against Ross Ulbricht has been released in the build up to the January 2015 Silk Road Trial. Ulbricht stands accused of being Dread Pirate …

[Continue Reading...]

Reddit Digital Currency “Reddit Notes” Announced

Earlier today, Reddit posted to its blog and announced the “Reddit notes,” the name of the long-awaited Reddit cryptocurrency. Reddit recently closed a $50 million USD funding round led …

[Continue Reading...]

New BitLicense and Public Comment Period Coming

The new BitLicense will open for a 30-day public comment period in just a few days. In a speech to the Bipartisan Policy Council, a Washington D.C. think tank, …

[Continue Reading...]

State Virtual Currency Regulation Policy Model Released by American Bank Supervisors

The Conference of State Bank Supervisors (CSBS) released their “Policy on State Virtual Currency Regulation” earlier today. The CSBS does not have a direct say in each states’ financial …

[Continue Reading...]

Bitcoin.com Management Passes from Blockchain.info to OKCoin

International Bitcoin exchange OKCoin today announced that it has taken over stewardship of Bitcoin.com. The eponymous Bitcoin website is owned by an anonymous individual who has chosen several different …

[Continue Reading...]