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Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.

Sergey Solonin, Chief Executive Officer of Qiwi, at St. Petersburg International Economic Forum SPIEF-2016

Markets

CFTC Chair Says Regulator Is 'Behind' on Blockchain

The U.S. Commodity Futures Trading Commission is "falling behind" in understanding blockchain technology, chairman Christopher Giancarlo said.

Giancarloo

Markets

Tron Foundation Officially Completes Acquisition of BitTorrent

File sharing software provider BitTorrent announced Tuesday that its acquisition by the Tron Foundation is now officially complete.

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Markets

Crypto Security Startup BitGo to Custody Zcash

Cryptocurrency security startup BitGo says it is adding privacy coin zcash to its supported crypto assets.

zcash

Markets

The First Augur Assassination Markets Have Arrived

People are now placing bets on whether public figures will be assassinated on decentralized prediction market Augur.

gun, rifle

Markets

Coinbase Launches Crypto Gift Card Service in Europe

Coinbase now offers a way for users to purchase retail goods and services with cryptos, thanks to a deal with a digital gift card service in Europe.

coinbase

Markets

Singapore Airlines' Blockchain-Based Loyalty Program Takes Off

Singapore Airlines has officially launched its blockchain-based loyalty program for frequent customers.

singapore airlines

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BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital

Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital.

Loans

Markets

Ripple Report: XRP Sales Dropped 56% in Q2, But Customer Base Grew

Ripple's sales of the XRP cryptocurrency fell 56 percent to $73.53 million in Q2, but the firm gained more customers, its latest report says.

xrpq2

Markets

SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September

The SEC has delayed a decision on whether to approve five bitcoin-related ETFs, public documents reveal.

SEC