Tagsecondmarket

SEC Issues Cease And Desist Against Bitcoin Investment Trust

The Securities and Exchange Commission (SEC) has ordered Bitcoin Investment Trust (BIT) and an authorized participant, SecondMarket, to cease and desist violating securities law. The commission has levied a fine against SecondMarket. The companies have agreed to the cease and desist order, according to an SEC administrative proceeding. The SEC has required SecondMarket to pay disgorgement of...

SecondMarket's Bitcoin Investment Trust Syndicate Won 48,000 BTC in Latest Silk Road Bitcoin Auction

Earlier today, Barry Silbert, the former CEO of SecondMarket, took to Twitter to reveal that SecondMarket's syndicate had won 48,000 BTC in the recent USMS Bitcoin auction. Silbert has since taken a step back from Second Market to pursue the promise of Bitcoin more specifically with his new Digital Currency Group. Announcement: Pleased to share that the syndicate organized by @BitcoinTrust &...

Digital Currency Group Is Barry Silbert's Bitcoin Flagship

Founder and CEO of SecondMarket Barry Silbert announced last July that he would be stepping down after nearly 11 years to focus solely on Bitcoin-related projects. Friday morning Silbert tweeted the name, Digital Currency Group (DGC). Marking its launch as an important step in separating his focus from SecondMarket. Digital Currency Group is only the latest of Silbert’s Bitcoin ventures...

SecondMarket Launches First Fully Regulated Bitcoin Exchange Services Webpage

Today, SecondMarket has revealed their "Experienced, Full Service Bitcoin Trading Services" via a newly released webpage.  SecondMarket has launched their first step towards America's first fully regulated Bitcoin Exchange.  Buyers and sellers now have a fully compliant source of Bitcoin trading from the fabled NYC.  SecondMarket is licensed to do its business in all 50 states, as well as with...

CCN Week in Review: Heartbleed, Sidechains, Bitcoin Investments, and More

CCN Week in Review: Heartbleed, Sidechains, Bitcoin Investments, and More

This week on CCN, we learned about the massive Heartbleed bug, the potential future of Bitcoin with sidechains, SecondMarket's new bitcoin investment fund, exciting new Bitcoin services, and more. Check out some of our top stories this week (7 April - 13 April) on this CCN Week in Review. [youtube ] Hacker Exploits Heartbleed Bug in BTCJam Heist Heartbleed is a very serious vulnerability in the...