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BTCS is exploring “other potential directions” for the firm’s future after executives threatened to resign over a planned merger with Blockchain Global Ltd which has been fraught with delays and problems.
In a letter to shareholders on Monday, BTCS CEO and Chairman Charles Allen said that the intended merger is not going as smoothly as it may be wished for, due to auditing issues and due diligence failures by Blockchain Global.
CES 2018 likely to feature a heavy dose of blockchain, cryptocurrency
Rest assured digital money, blockchain, and cryptocurrency will be key themes at CES 2018 as tech vendors aim to ride shotgun with the latest buzzword.
The risky business of bitcoin: High-profile cryptocurrency catastrophes of 2017
As Bitcoin lurches toward mainstream acceptance, ZDNet reviews the high-profile disasters, data breaches, vulnerabilities, and criminal cases that shook up digital currency in 2017.
Vietnam bans payments in Bitcoin and other cryptocurrencies
Those who continue accepting payments in cryptocurrency face heavy fines.
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