Paypal is entering the cryptocurrency space: the firm has announced it will allow account holders in the U.S. to buy, sell, and hold bitcoin in their PayPal wallets over the coming weeks. The payments giant will also enable users to spend bitcoin through its network of 26 million merchants

Court documents released on October 19th indicate that the U.S. Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Treasury, is penalizing Larry Dean Harmon for Bank Secrecy Act and anti-money laundering law violations.  Harmon, based in Ohio according to the document, is the operator of two

Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday.  "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some

In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend

According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds

Announced on October 13th, cryptocurrency mining firm Marathon Patent Group has formed a strategic partnership with Beowulf Energy, a power infrastructure company based in the U.S., to launch a new Bitcoin mining farm. The joint venture will see the firms establish a data center in Montana, nearby Beowulf'

Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins.  Through partially-owned subsidiary

For Bitcoin enthusiasts who don't get seasick, a new unconventional living concept is hitting the high seas: a cruise ship whose inhabitants can pay for their homes, services, and goods in bitcoin. According to the boating publication Maritime Executive, Ocean Builders, a company previously focused on building seasteading