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startups
Hong Kong's MyCoin Disappears With Up To $387 Million, Reports Claim
Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.

Payments Processor ChainPay Launches to Challenge Coinbase, BitPay
A bootstrapped payment processor called ChainPay wants to take on giants Coinbase and BitPay from its Isle of Man base.

Trucoin Exchange Raises Daily Customer Allowance to $1,000
US-based bitcoin exchange Trucoin has increased its customer's daily purchase power to an "unprecedented" $1,000.

CoinJar Redesigns iOS Wallet App for More Social Experience
CoinJar's updated mobile app is simple to use and allows faster payments to all addresses, plus fiat currency transfers between CoinJar accounts.

Lead Developers Leave Overstock's Medici Project
Overstock has confirmed Counterparty developers Robby Dermody and Evan Wagner are no longer working on its exchange project Medici.

BitPay Sponsors NASCAR Truck Series Driver
NASCAR driver Justin Boston has received a sponsorship from bitcoin payments company BitPay.

HashRabbit Raises $500k for its Bitcoin Mining Software Solution
HashRabbit, which supplies enterprise-focused software to facilitate the management and security of bitcoin miners, has raised $500,000.

Australian Bitcoin Exchange Claims Exemption from 10% Government Tax
Bitcoin exchange Coin Loft says it has beaten Australia's tax imposition on bitcoin trades with a private ruling from the government.

BitPay Partners With $1.5 Billion International Payment Startup Adyen
BitPay and Adyen have partnered to offer bitcoin payments to gamers using Jagex, the UK-based developer behind popular online game MMORPG RuneScape.

Bitcoin Mining Firm KnCMiner Raises Further $15 Million
Swedish bitcoin mining company KnCMiner has raised $15m in a Series B funding round led by Accel Partners.
