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Video: Roundup of This Week's Bitcoin News 14th March 2014
Missed out on your digital currency news this week? Catch all the headlines you need to know.
By Roop Gill
Updated Sep 11, 2021, 10:32 a.m. Published Mar 14, 2014, 5:00 p.m.
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Missed out on your digital currency news this week? Here are all the headlines you need to know:
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Mt. Gox files for bankruptcy protection in the US: the Japan-based bitcoin exchange has filed for Chapter 15 Bankruptcy protection in the United States. Chapter 15 bankruptcy is based on a UN model law that provides specific protections in cases of cross-border insolvency.
Developments on bitcoin regulations around the world: New York is now accepting applications for digital currency exchanges while Singapore is planning to regulate bitcoin exchanges and ATMs.
Huobi to start trading litecoin: the price of litecoin suddenly jumped when China's largest exchange Huobi said that it would start trading the cryptocurrency next week.
Xapo raises $20m for 'ultra-secure' bitcoin storage: California-based bitcoin security company Xapo has raised $20m, the second largest public funding in the bitcoin space, ever.
John Law's weekly roundup has been moved to Sunday.
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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.
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Federal Reserve Cuts Rates 25 Basis Points, With Two Voting for Steady Policy
The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.
What to know:
- As expected, the Federal Reserve trimmed its benchmark fed funds rate range by 25 basis points on Wednesday afternoon.
- Today's cut is notable given the unusually large amount of public dissension among Fed members for further monetary ease.
- Two Fed members dissented from the rate cut, preferring instead to hold rates steady, while one member voted for a 50 basis point rate cut.
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