Bitcoin Startup LazyPay Competes In Virgin Mobile’s Pitch To Rich Competition

Bitcoin startup LazyPay has a chance to win a share of the £1,000,000 in prize money for the winner of Virgin Mobile’s Pitch To Rich competition. The London-based Bitcoin wallet, exchange and payment processor is the only digital currency startup competing in the event. The annual competition tries to find the brightest and best entrepreneurs in all of Britain. Startups can compete in three different categories: New Things, Start-Up and Grow. Competing startups can receive up to £250,000 in marketing support, 12 months of business support and advice from billionaire and Virgin Group CEO, Richard Branson. “With the support of Sir Richard (who has been a high-profile advocate for bitcoin), we hope to grow the number of merchants who accept […]

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Ripple Labs Fined $700,000 by FinCEN, Will Institute Transaction Monitoring Across Ripple Protocol

Earlier today, Ripple Labs Inc. was fined $700,000 for “willfully violating several requirements of the Bank Secrecy Act (BSA).” The Financial Crimes Enforcement Network (FinCEN) stated that the company issued its own currency (XRP) and failed to implement adequate anti-money laundering measures, in addition to operating as a money services business without the proper authorization from the federal regulatory body. FinCEN worked with the US Attorney’s Office for the Northern District of California to coordinate the civil money penalty against Ripple Labs Inc and XRP II, LLC, which is owned by Ripple Labs. Sale of XRP to Roger Ver A statement of facts included in FinCEN’s assessment of the violations describes multiple situations where XPR II “failed to file, or […]

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Building for the Future: A New Federal Guide to Infrastructure Planning and Design

Today, the White House is convening the nation’s leading thinkers on infrastructure planning and design to highlight how projects like new roads and transit lines can be designed to foster economic opportunity and increase resilience to the impac…
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Former Japanese journalist says ‘comfort women’ apology needed

NEW YORK, May 5 (UPI) — A former Japanese journalist who received death threats for his investigation of “comfort women” said Tokyo should apologize for Japan’s wartime past. Takashi Uemura, who first reported on the women in 1991, said he

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‘Doctor Zhivago’ closing on Broadway after 26 previews, 23 regular performances

NEW YORK, May 5 (UPI) — The new musical Doctor Zhivago is to play its final performance at the Broadway Theatre on Sunday. Based on Boris Pasternak’s Nobel Prize-winning, 20th-century epic Russian masterpiece, the show is closing after 26 previews

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