Bitcoin News Mash-Up: Ethical Hacker; Bitcoin Derivatives; and More

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Bitcoin News Mash-Up: Ethical Hacker; Bitcoin Derivatives; and More

Following are the major Bitcoin news of the day

Hacker Returns Stolen Bitcoins to Blockchain.INFO
Up to 250 BTC that were lost during a security lapse at Blockchain.INFO were recently reimbursed to the users, thanks to a rather moralistic hacker. According to the hacker himself, he was simply saving the funds of around 1,000 broken addresses from being stolen by others. He simply asked the users to convince him of their lost funds, if they need their funds back. You can read the full report here.

CFTC Provides its Testimony on Bitcoin Derivatives
Chairman of the Commodity Futures Trading Commission, Timothy Massad, recently presented the organization’s view on the trending Bitcoin derivatives. The view was a part of a full-fledged testimony regarding the futures, options and swaps markets, submitted recently to the US Senate Committee on Agricultural, Nutrition & Forestry. Massad confirmed that his department, for now, has no jurisdiction on the cryptocurrency Bitcoin only until it is used in futures or swap contracts. You can read the full report here.

CoinJelly Closes Users’ Accounts after Transfer of Ownership
CoinJelly, the Australian based Bitcoin exchange and wallet provider, recently announced that it will close all its users’ accounts. The founder and director of the company, Ash King, said the move has been taken in the wake of CoinJelly’s changing ownership. He declined to give further details about the agreement.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com