Bitcoin Picks: Huobi Asset Rumors Swirl, PayPal Embraces Bitcoin for Purchases

The world of cryptocurrencies faced another interesting and stimulating week, including a Huobi leak of client assets, a potentially watershed

dcThe world of cryptocurrencies faced another interesting and stimulating week, including a Huobi leak of client assets, a potentially watershed discussion of Bitcoin-based derivatives, and other developments.

Houbi Rumors Allege Massive BTC, LTC Losses, Official Statement Released

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Chinese Bitcoin giant Huobi stirred up a hornet’s nest of rumors last night, when it began circulating on social media outlets that the exchange had lost a significant amount of customer assets.

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CFTC Announces Public Discussions about Derivatives Contracts Based on Bitcoin

The U.S. Commodity Futures Trading Commission (CFTC) announced that the Global Markets Advisory Committee (GMAC) would hold a public discussion about the regulator’s jurisdiction concerning derivatives contracts related to the digital currency Bitcoin on October 9th.

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Coinbase, BitPay or GoCoin? PayPal Picks All Three

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PayPal has announced that it is partnering with three of the major cryptocurrency processors- BitPay, Coinbase and GoCoin- allowing its merchants to accept Bitcoin for digital goods.

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FTC Shuts down Butterfly Labs, Warns of “Scammers” Capitalizing on Bitcoin?

The Federal Trade Commission (FTC) has shut down Butterfly Labs (BFL) over alleged fraud. Company assets will also be frozen, earmarked for restitution to customers. Permission for the closure, which is pending trial, was granted by the US District Court for the Western District of Missouri.

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London Woman Accused of Murder Plot, Funded Poison Purchase with Bitcoin

A London, UK woman has been accused in the Southwark Crown Court of plotting to murder her “evil” mother by poisoning her with Abrin purchased over the dark web with bitcoin. Kuntal Patel considered her mother “controlling and manipulative”, allegedly ruining her hopes of marrying the man she loved.

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