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Elliptic, a firm that stores bitcoins for financial services clients, said it had received an accreditation from a Big Four accounting firm that signified it operates on the same standards as a custodian bank.
Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has suspended its service after a security breach, resulting in loss of around 19,000 bitcoins.
NEW YORK: China and the United States headed the list of 2014 top-performing equity markets among larger economies while crude oil prices closed in the red to cap a massive yearly slump.
Take a whirlwind tour of fantastic must-have gadgets and services that went mainstream in 2014.
Charlie Shrem, an outspoken supporter of bitcoins, was sentenced to two years in prison on Friday for indirectly helping to send US$1mil in the digital currency to the Internet black-market bazaar Silk Road.
New York state plans to soften proposed rules for virtual currencies such as bitcoin, its banking regulator after receiving a round of public comments.