The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)

Bitcoin presents a $ 1.6 billion revenue opportunity for exchanges, according to a wide-ranging report on cryptocurrencies by Bank of America Merrill Lynch. Cboe, a first mover in cryptocurrencies among exchanges, appears the best positioned to capitalize on the opportunity, according to the bank.  Cboe has partnered with Gemini, a digital currency exchange, to roll out bitcoin-linked products as early as this year.  Bitcoin represents a $ 1.6 billion revenue opportunity for Wall Street’s exchanges. That’s according…

"The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)"

A 39-year-old who sold everything he owned in exchange for bitcoin now lives on a campsite waiting for the ultimate cryptoboom

A 39-year-old man in The Netherlands, Didi Taihuttu, sold everything he owned in exchange for bitcoin. After his father’s death, he sold his business and spent nine months traveling the world with his wife and three daughters. During his travels, he met people who were using digital currency. He thinks digital coins such as bitcoin and the blockchain technology behind it are transforming the role of money and banks in society. Taihuttu plans to keep his…

"A 39-year-old who sold everything he owned in exchange for bitcoin now lives on a campsite waiting for the ultimate cryptoboom"

US options exchange partners with cryptocurrency player

This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. CBOE Holdings, which oversees the Chicago Board Options Exchange, one of the world’s largest options exchanges, has partnered Gemini Trust, a New York-based cryptocurrency exchange backed by the Winklevoss brothers, which deals in assets including Bitcoin and Ether. Under the deal, CBOE will use Gemini’s cryptocurrency market data to create new indices, and eventually, if it receives regulatory permission, to launch cryptocurrency…

"US options exchange partners with cryptocurrency player"

Bitcoin Price Recovers as Hacked Exchange Remains Offline

Bitcoin’s price has stabilized following this week’s massive hack and theft of $ 65 million in bitcoin from a Hong Kong exchange, as some traders seized on the lower price to strategically buy the dip. Myriad questions about the hack itself remain unanswered, however. On Tuesday, a trading site called Bitfinex was attacked by a hacker, who exploited the site’s security protocols and stole just under 200,000 bitcoins, at the time worth about $ 65…

"Bitcoin Price Recovers as Hacked Exchange Remains Offline"

Bitcoin plunges after hackers steal $72M from top exchange

Nearly 120,000 units of digital currency bitcoin worth about $ 72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second-biggest security breach ever of such an exchange. The breach triggered a slump in bitcoin prices and was reminiscent of events that led to the 2014 collapse… bitcoins | New York Post

"Bitcoin plunges after hackers steal $72M from top exchange"

Bitcoin Price Recovers as Hacked Exchange Remains Offline

Bitcoin’s price has stabilized following this week’s massive hack and theft of $ 65 million in bitcoin from a Hong Kong exchange, as some traders seized on the lower price to strategically buy the dip. Myriad questions about the hack itself remain unanswered, however. On Tuesday, a trading site called Bitfinex was attacked by a hacker, who exploited the site’s security protocols and stole just under 200,000 bitcoins, at the time worth about $ 65…

"Bitcoin Price Recovers as Hacked Exchange Remains Offline"