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CoinTerra CEO: Company 'Frozen' Amid Lawsuits and Default

In a new interview, CoinTerra CEO Ravi Iyengar confirmed that his Austin-based company is currently in default and speculated on its future.

Credit: Shutterstock

Markets

Data Center Operator Sues CoinTerra for $5.4 Million in Damages

A new lawsuit has accused bitcoin mining company CoinTerra of late payment, breach of contract and unjust enrichment.

legal

Markets

CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price

CEX.io has announced that it is suspending its cloud mining service owing to unprofitability and the recent drop in the price of bitcoin.

price decline

Markets

Overstock Installs Bitcoin ATM at Corporate HQ

Overstock has installed a bitcoin ATM in the lobby of its corporate headquarters to encourage further bitcoin use among employees.

Overstock, O.co

Markets

Dutch Scrypt Mining Company Declared Bankrupt

Scrypt mining company Mining ASICs Technologies (MAT) has been declared bankrupt by a Maastricht, Netherlands, judge.

bankruptcy

Markets

Butterfly Labs Resumes Shipping, Sets Timetable for Refunds

Butterfly Labs has reopened for business, processing delayed shipments and refunds for select customers.

Computer problems

Markets

CoinTerra Silent Amid Alleged Cloud Mining Payout Freeze

Amid reports that cloud mining payouts have ceased, signs have emerged that bitcoin mining firm CoinTerra is experiencing debt problems.

Cointerra

Markets

Bitcoin Broker LibertyX Raises $400k for Hiring Push

Bitcoin ATM operator and brokerage LibertyX has raised just over $400,000 in funding from venture capital firm Project 11.

hiring

Markets

Cubits Launch Aims to Accelerate Bitcoin Buying in Europe

London-based bitcoin startup Cubits has launched a new bitcoin web appllication for user-friendly and fast bitcoin transactions.

euro

Markets

Review: Ravenbit Keeps Physical Bitcoin Meme Alive

Physical bitcoins are not what they used to be, but still work as gifts or as something familiar to bring newcomers into the world of cryptocurrency.

Ravenbit physical bitcoin