Share this article
Video: Roundup of This Week’s Bitcoin News 25th April 2014
Bye-bye Gox and hello bitcoin debit cards! Catch this week's digital currency news roundup to get up to speed.
By Roop Gill
Updated Sep 11, 2021, 10:42 a.m. Published Apr 25, 2014, 4:30 p.m.
[youtube id="BjiYcPcUNDU" width="620" height="360"]
.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Bye-bye Gox and hello BTC debit cards! Not entirely sure what I'm talking about? Take a look at this week's news roundup to get up to speed with the latest developments in the world of digital currency.
Mt. Gox announces commencement of bankruptcy proceedings: This week we bid our final goodbye to Mt. Gox as a company when bankruptcy proceedings were announced in Japan. The troubled bitcoin exchange officially filed for liquidation last week. A group of investors made a last ditch attempt earlier this week to stop the company from being liquidated, but a deal didn't materialize.
Jeff Garzik announces partnership to launch 'BitSats': Bitcoin core developer Jeff Garzik's Dunvegan Space Systems has partnered with Deep Space Industries Inc. to build 'BitSats' – bitcoin satellites that will be launched into space to act as a backup of the bitcoin block chain.
Xapo announces new BTC debit card: California-based bitcoin wallet provider Xapo is launching a bitcoin debit card. The product is being lauded as the first to allow bitcoin users to spend freely like traditional debit cards. Xapo said the card will debit bitcoin directly from users' wallets and could be used anywhere MasterCard is accepted, although MasterCard denied having a direct relationship with Xapo.
'The Rise and Rise of Bitcoin' premieres: The hotly anticipated bitcoin documentary 'The Rise and Rise of Bitcoin' premiered at the Tribeca Film Festival in New York on April 23rd. The film covers all of bitcoin's high-profile twists and turns since 2011.
State of Bitcoin Q1 2014 Report: CoinDesk released its State of Bitcoin Q1 2014 report which indicates that venture capital in the bitcoin ecosystem is soaring. For rest of the year, venture capital looks set to match early stage in the Internet in early '90s.
Thanks for watching, have a great weekend!
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
LUNC Surges Over 160% in a Week as Do Kwon Sentencing and Token Burns Draw Traders
The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.
What to know:
- Terra Classic (LUNC) surged 74% to $0.0000072, up 160% in the past week, on exploding trading volume, ahead of Terraform Labs founder Do Kwon's sentencing on Dec. 11.
- The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns, with 849 million LUNC destroyed in the past week.
- The token's momentum is also fueled by Binance's pause on LUNC withdrawals ahead of the Terra Chain's v2.18 upgrade, which aims to improve network stability, despite the token remaining volatile.
Top Stories
