Mobile Pay Service Square Shares Fall After Stock Commentator Slams Bitcoin Strategy

Shares of financial services and mobile payment company Square dropped Monday after a critical tweet by short-seller Andrew Left's Citron Research, CNBC reported April 30. Citron claimed excitement for Square's Bitcoin (BTC) trading solution was exaggerated. Citron called Square a “collection of …
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US Marshals Service To Sell Nearly $25 Mln Worth Of Seized Bitcoin At Auction

The US Marshals Service has announced that it will be auctioning off approximately 2,170 Bitcoins seized in the course of various federal criminal, civil, and administrative cases, a press release stated March 5. The auction will take place on March 19, 2018 from 8 a.m. to 2 p.m. EDT. Bidders who wish to …
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Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange (news.bitcoin.com)

The Supreme Court of Israel issued a temporary injunction order on Monday forbidding Bank Leumi from sweepingly halting the account activity of the Bits of Gold bitcoin exchange. This is seen as a major victory in the Israeli cryptocurrency industry that will set a precedent for other bitcoin businesses struggling to get banking services.

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Canadian Financial Service Versabank Launches Digital Asset Vault (news.bitcoin.com)

The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes with a Canadian chartered bank.
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