{"id":147,"date":"2015-02-01T01:23:00","date_gmt":"2015-02-01T01:23:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/bitcoin-monthly-recap-of-january-2015\/"},"modified":"2020-11-22T05:05:46","modified_gmt":"2020-11-22T03:05:46","slug":"bitcoin-monthly-recap-of-january-2015","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2015\/02\/bitcoin-monthly-recap-of-january-2015.html","title":{"rendered":"Bitcoin’s Monthly Recap of January 2015"},"content":{"rendered":"
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Welcome to HolyTransaction\u2019s first monthly recap for the year 2015. This past month of January has been a great opener for the Bitcoin<\/a> community; during that time, the bitcoin price fell from a high of $321 to a low of $226.93, according to Bitstamp.<\/div>\n<\/div>\n
\u00a0<\/b><\/div>\n
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Bitcoin Exchange Bitstamp Loses 12% of Bitcoins in Security Breach<\/div>\n<\/div>\n
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https:\/\/www.cryptocoinsnews.com\/bitcoin-exchange-just-lose-12-bitcoins-possible-bitstamp-hack-address-contains-18866-stolen-btc\/<\/a><\/div>\n<\/div>\n
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Early in January, the world was again shocked by another high-profile Bitcoin theft from a high-volume Bitcoin exchange. Bitstamp, the exchange in question, halted trading on 1\/4\/15 after telling customers \u201cwe have reason to believe that one of Bitstamp\u2019s operational wallets was compromised on January 4th, 2015.\u201d The Bitcoin exchange avoided their booth at the Bitcoin World at CES 2015 and worked to fix and migrate their exchange while trading, withdrawals, and deposits were halted for several days. Bitstamp has since returned and offered zero trading fees for a limited time as a form of apology. Many attribute the fallen Bitcoin price to the high-profile Bitcoin exchange theft.<\/div>\n<\/div>\n
\u00a0<\/b><\/div>\n
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Coinbase Raises $75 Million USD in Series C Funding Round<\/div>\n<\/div>\n
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https:\/\/blog.coinbase.com\/post\/108642362357\/coinbase-raises-75m-from-dfj-growth-usaa-nyse<\/a><\/div>\n<\/div>\n
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Coinbase recently announced the closing of its $75 million USD Series C funding round that Bitcoin users around the world have been expecting since late last year. The Bitcoin service has currently raised $106 million USD to date. Round participants included DFJ Growth, USAA, the NYSE, and more. In a good sign for the company\u2019s investor confidence, previous investors such as Andreessen Horowitz, Union Square Ventures, and Ribbit Capital also joined in the round. Besides Coinbase, other Bitcoin companies have started off the year strong with millions of dollars in funding for Bitcoin 1.0 and Bitcoin 2.0 applications and technologies thus far in the year.<\/div>\n<\/div>\n
\u00a0<\/b><\/div>\n
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Coinbase Launches Lunar: Supposedly the First Regulated American Bitcoin Exchange<\/div>\n<\/div>\n
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https:\/\/blog.coinbase.com\/post\/109202118547\/coinbase-launches-first-regulated-bitcoin-exchange<\/a><\/div>\n<\/div>\n
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Coinbase has just announced its Bitcoin exchange, called Lunar, which industry experts have been suspecting to be in the works for months now. Coinbase seems to have been drawn out to release its Bitcoin exchange by the announcement of the Gemini Bitcoin exchange by the Winklevoss twins. Lunar currently only supports roughly half of American states; additionally, Coinbase has taken some criticism for claiming to the \u201cfirst\u201d and \u201cregulated\u201d in this space. The California Department of Business Oversight (DBO) has told Bitcoin media sources: \u201cThe California Department of Business Oversight has not decided whether to regulate virtual currency transactions, or the businesses that arrange such transactions, under the state\u2019s Money Transmission Act. California consumers should be aware Coinbase Exchange is not regulated or licensed by the state.\u201d<\/div>\n<\/div>\n
\u00a0<\/b><\/div>\n
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Reddit Decides to Ditch RedditNotes and Cryptocurrency Engineer<\/div>\n<\/div>\n
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https:\/\/newsbtc.com\/2015\/01\/30\/recently-let-go-cryptocurrency-engineer-cryptocurrency-not-part-reddits-near-term-plans\/<\/a><\/div>\n<\/div>\n
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Former BitPay employee Ryan Charles has been recently let go by Reddit amid internal company strife and change of direction. The former-CEO of Reddit, Yishan, was apparently the one that was pushing for a Reddit cryptocurrency, popularly dubbed Redditnotes. Unfortunately, we won\u2019t be seeing anything from Reddit anytime soon, and Ryan Charles won\u2019t be involved. Charles has already started planning his next move in the Bitcoin sphere, where he believes that Bitcoin 1.0 opportunities are still widely available and largely unexplored.<\/div>\n<\/div>\n
\u00a0<\/b><\/div>\n
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Ross Ulbricht Stands Trial for Alleged Role as Dread Pirate Roberts on Deep Web Market Silk Road<\/div>\n<\/div>\n
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https:\/\/www.dailydot.com\/crime\/silk-road-jury-deliberations\/<\/a><\/div>\n<\/div>\n
Ross Ulbricht and the Silk Road trial started this past month in a monumental case for both privacy and Bitcoin. The government is presenting evidence that Ross Ulbricht is none other than the Dread Pirate Robert (DPR) that ran the Silk Road for the entirety of its existence. Ulbricht\u2019s defense lawyer, Dratel, tried to make it clear to jurors that digital evidence could be planted, fabricated, distorted, moved, or \u201cmanipulated.\u201d Even has Silk Road 1.0\u2019s trial is just finishing, Silk Road 2.0\u2019s legal consequences are also unfolding. Meanwhile, Silk Road 3.0 and over a dozen copycat Deep web marketplaces continue to thrive.<\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to HolyTransaction\u2019s first monthly recap for the year 2015. This past month of January has been a great opener for the Bitcoin community; during that time, the bitcoin price fell from a high of $321 to a low of $226.93, according to Bitstamp. \u00a0 Bitcoin Exchange Bitstamp Loses 12% of Bitcoins in Security Breach […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,468,469],"tags":[764,1126,1127],"yoast_head":"\nBitcoin's Monthly Recap of January 2015 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2015\/02\/bitcoin-monthly-recap-of-january-2015.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin's Monthly Recap of January 2015\" \/>\n<meta property=\"og:description\" content=\"Welcome to HolyTransaction\u2019s first monthly recap for the year 2015. 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