CoinDesk spoke with executives from CBW Bank and Cross River Bank about their recent Ripple protocol integration.
FTC attorney Leah Frazier told CoinDesk that Butterfly Labs misrepresented itself when selling mining products.
American banks CBW and Cross River are to be the first to adopt Ripple's open-source distributed transaction infrastructure.
The Federal Trade Commission has shut down Butterfly Labs after a lengthy investigation into claims of fraud.
Digital currency exchange CEX.io has added US dollar support, enabling deposits via bank wire transfers or payment cards.
In this week's roundup, litecoin's hash rate jumps past 1 TH/s and Lab Rat faces a lawsuit.
Dogecoin advocate Erik Barnum is traveling down the Ohio River supported by community donations.
Chinese bitcoin mining pool Discus Fish opens up about regulation and its role in the bitcoin mining network.
Coin Center has launched to promote digital currency outreach, research and public policy activism.
Koinify has raised $1m in funding from IDG Capital Partners, Brock Pierce's AngelList syndicate, and zPark Ventures.