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Pete Rizzo

Latest from Pete Rizzo
Rogue FBI Agent Searching for Lost Bitcoin, Silk Road Advisor Alleges
A corrupt FBI agent is planning to extort $71m from Silk Road mastermind Ross Ulbricht, according to new allegations.

Chinese Auto Giant Wanxiang Plans $50 Million Blockchain Fund
Chinese conglomerate Wanxiang Group has announced it intends to invest $50m in blockchain technology to improve its product lines.

Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks
Thirteen additional major investment banks including Citi, HSBC and Bank of America Chase have partnered with distributed ledger startup R3CEV.

Ethereum: Bitcoin Price Decline Created $9 Million Funding Shortfall
Alternative blockchain project Ethereum has released new details about the state of funding collected during its initial crowdsale.

With Bitcoin's Price Down, VCs Turning to Blockchain Technology
The rising interest in use cases for bitcoin's underlying technology, the blockchain, is influencing the investment strategies of venture capitalists.

Russian Ministry Proposes Correctional Labor Penalty for Bitcoin Crimes
Russia's Ministry of Finance has developed a new version of its proposed law that would both outlaw and apply criminal penalties for bitcoin use.

Bitcoin Processor BitPay Reduces Staff in Cost-Cutting Effort
BitPay has reduced the size of its staff in an effort to cut costs, according to an email from CEO Stephen Pair sent to employees today.

World Economic Forum Survey Projects Blockchain 'Tipping Point' by 2023
The World Economic Forum (WEF) has identified blockchain technology as one of its six mega-trends in a new report.

BitFury Reveals New Details About $100 Million Bitcoin Mine
BitFury will invest $100m in building a 100MW bitcoin mining data centre in Georgia, according to a new report.

BitPay Cuts 'Free and Unlimited' Bitcoin Processing for New Merchants
BitPay will no longer offer its "free and unlimited" introductory service to new merchant customers looking to accept bitcoin.
