Currently shown: 2016 January. Click on a month to see its archives!
2016. Jan. 31. 18:00
The biggest Ask-Me-Anything event in the history of Bitcoin will host its latest session with Zooko Wilcox, CEO of Zcash starting Monday, Feb 1 at 19:00 UTC. Formerly know as Zerocoin and Zerocash, Zcash is a privacy-focused Bitcoin alternative, some of whose advisors include Bitcoin Foundation’s Chief Scientist, Gavin Andresen and Ethereum Chief Scientist, Vitalik
The post Bitcoin AMA: Zooko Wilcox, CEO of Zcash, The ‘Privacy-Preserving’ Variant of Bitcoin appeared first on Bitcoin News.
2016. Jan. 31. 16:35
Here are 5 things you may have missed from CoinDesk's State of Bitcoin and Blockchain 2016 report.2016. Jan. 31. 16:35
Here are 5 things you may have missed from CoinDesk's State of Bitcoin and Blockchain 2016 report.2016. Jan. 31. 14:00
Mainstream media is at it again with reports about Bitcoin that are very far fetched. The journalists of these stories appear to have no clue what they are writing about. This week the Irish Mirror has detailed the rise of synthetic drugs and children buying them with “untraceable” digital currency. Also read: Politicians & Banks Helped
The post Mainstream Media Fails at Bitcoin Again appeared first on Bitcoin News.
2016. Jan. 31. 02:35
BitFury recently announced its completion and roll out of their 16nm ASIC for processing Bitcoin transactions. They are also going to be selling direct to customers large and small, which is a change from the last few generations of their chips. Valery Vavilov the Founder and CEO of BitFury was able to answer a couple
The post Valery Vavilov of BitFury on the 16nm Bitcoin ASIC appeared first on Bitcoin News.
2016. Jan. 30. 16:28
BitGo's Jason Lopp looks at why the number of bitcoin nodes is diminishing across the network and discusses what it might take to reverse the trend.2016. Jan. 30. 14:00
The 2016 U.S. Presidential campaign season is in full swing, and both major parties – the Democrats and the Republicans – will soon be voting for the next president. Where do the major candidates stand with regard to Bitcoin? Which candidates are most likely to encourage the growth of Bitcoin, and which candidates will do
The post The 2016 Bitcoin Voting Guide appeared first on Bitcoin News.
2016. Jan. 29. 22:30
BNY Mellon hosted a blockchain discussion event at its Jersey City, New Jersey, campus earlier this week.2016. Jan. 29. 22:00
The world economy is undergoing one of the biggest transformations ever. This transformation is being driven by the Internet of Things and new disruptive technologies, such as Bitcoin and its underlying blockchain technology. The impact of this change will be all encompassing and dramatic, affecting governance, businesses, and even our way of life. However, candidates
The post Are Presidential Candidates Clueless about Bitcoin and the New Economy? appeared first on Bitcoin News.
2016. Jan. 29. 18:00
Bitcoin.com is back again with its weekly video spot featuring Theo Goodman from the World Crypto Network: Transmission #52 broadcast. This week’s video features Dustin from BTCartgallery going over the vast amount of crypto-related artwork displayed on his website. The site contains an array of categorized art, videos, songs, animated gifs, memes, wallpapers and more from various artists
The post The Emotions & Memes of the Bitcoin Community: Transmission #52 appeared first on Bitcoin News.
2016. Jan. 29. 17:50
SBI Holdings, the financial services business division of Japan’s SBI Group, has announced it is creating a new company with Ripple.2016. Jan. 29. 12:02
A draft bill that would ban “money surrogates” was submitted to the Russian Parliament last month. But what might it mean for digital currencies?2016. Jan. 29. 10:40
A little over a week ago, PricewaterhouseCoopers announced their venture into the world of blockchain technology and distributed ledgers. Many Bitcoin community members saw this announcement as a vote of confidence by PwC, although there were still some questions as to how they planned to integrate the technology. One of their strategic partners will be
The post PwC Partners with Blockstream to ‘Lead’ Disruption of Global Finance appeared first on Bitcoin News.
2016. Jan. 28. 23:58
CoinDesk speaks with representatives from Banco Santander about the bank's blockchain strategy for 2016 and beyond.2016. Jan. 28. 22:00
Getting more people connected to the Internet is of the utmost importance for technology companies these days. In the day and age of smartphone usage rising all over the world, and companies looking to gather and process big data, Internet connectivity plays an ever-increasing role of importance. Alternative financial solutions, such as Bitcoin and digital
The post Bitcoin Adoption in Indonesia May Hinge on Blackberry Wallet Solution appeared first on Bitcoin News.
2016. Jan. 28. 21:30
The Bank of England has said it will consider the impact of distributed ledgers as part of a plan to modernize the country’s settlement system.2016. Jan. 28. 21:04
Gavin Andresen has initiated a newly written BIP proposal on Github concerning the block size increase. The change called “bip-bump2mb.mediawiki” is a BIP102 variation for a 2mb block size bump. One particularly notable aspect written was the consensus section was chosen to be 75% over 95% which Andresen explains was guided by prior events: Also
The post Gavin Andresen Is Ready to Bump to 2MB appeared first on Bitcoin News.
2016. Jan. 28. 20:40
CoinDesk examines the current bitcoin scaling debate through the eyes of Bitcoin Core, the project's main developer team.2016. Jan. 28. 18:20
Digital security firm Gemalto has partnered with blockchain platform Symbiont to let financial institutions more securely execute smart contracts.2016. Jan. 28. 18:00
Bank of America (BoA) has revealed its continued pursuit of cryptocurrency patents. Last year the legacy institution applied for 15 blockchain related concepts, but now a spokesperson says they are drafting another 20 more to the U.S. Patents and Trademark Office (USPTO). Also read: Bitcoin Futures: A Better Solution to Block Size ‘Troll Problem’? Traditional finance businesses and
The post Bank of America Reserves Its Spot in the Cryptocurrency Race appeared first on Bitcoin News.
2016. Jan. 28. 16:50
CoinDesk's 2016 State of Bitcoin and Blockchain report summarizes key trends, data and events from 2015 and includes predictions for 2016.2016. Jan. 28. 15:05
Deloitte has published a report looking at the potential uses of blockchain technology, saying that acceptance and adoption are fast approaching.2016. Jan. 28. 14:00
Fiat currencies and commodities have been sliding downwards against the US dollar for some time as investors are closely watching China and its floundering economy. With the Shanghai Composite Index in a downward spiral, reports of rumored tighter capital controls in China continue to build. In result, Bitcoin may once again experience a windfall as Beijing tightens its grip
The post Bitcoin’s Capital Controls Resistance a Concern says IMF as $1 Trillion Leaves China appeared first on Bitcoin News.
2016. Jan. 28. 06:41
A Massachusetts company developing identity solutions for the blockchain won $15k at a startup competition hosted by Santander this week.2016. Jan. 27. 22:00
Lots of people all over the world are keeping a close eye on Bitcoin, and some of them are even making a strategic investment in the popular digital currency. When the world of agriculture and Bitcoin collide, interesting things are bound to happen sooner or later. Especially when the nation of Vanuatu is gambling on
The post Nation of Vanuatu Embraces Bitcoin Payments for Farmland appeared first on Bitcoin News.
2016. Jan. 27. 19:54
The former CEO of bitcoin gift card service Gyft, has announced that his latest startup venture, Civic, has received $2.75m in funding.2016. Jan. 27. 18:00
In what it describes as a “logical move,” a Denver cannabis security firm has announced that it will accept bitcoin to offset the lack of banking support currently plaguing the legal cannabis industry, as well as reduce the exorbitant fees imposed by credit card companies. Also read: Bitcoin Futures: A Better Solution to Block Size
The post Cannabis Security Firm Goes Bitcoin to Solve Industry’s Banking Problem appeared first on Bitcoin News.
2016. Jan. 27. 17:35
Venture capital firm Blockchain Capital has raised $13m for its second investment fund for bitcoin and blockchain technology ventures.2016. Jan. 27. 17:12
Japanese bitcoin exchange BitFlyer has created a new startup fund aimed at investing in companies working with blockchain tech.2016. Jan. 27. 14:00
There are many people who believe the music industry is broken. With physical sales plummeting to non-existent levels, digital and streaming music is the way the system operates today. However, artists are receiving only pennies for millions of plays and as much as 70% or more goes to the labels and distributors. A service called
The post PeerTracks & ‘Blockchain 3.0’ Platform MUSE Set to Transform the Music Industry appeared first on Bitcoin News.
2016. Jan. 27. 11:31
Kaiko's Jon Southurst takes aim at the mainstream media and their reporting, or misreporting, on bitcoin and blockchain tech.2016. Jan. 27. 00:38
Europol has found that there is no evidence to back up reports linking the Islamic State (IS) to the use of bitcoin.2016. Jan. 26. 23:34
A managing director at investment bank Goldman Sachs called blockchain tech an innovation that could “drive change” in a new company podcast.2016. Jan. 26. 22:00
What impact will Digital Asset's $50m funding have on the blockchain industry? CoinDesk profiles the sector's VCs to learn more.2016. Jan. 26. 22:00
BitPay has announced its new feature service with Microsoft’s Azure blockchain as a service (BaaS) platform. The Bitcoin-based merchant processor BitPay will allow people to run a full Bitcoin node on the cloud. Also read: Barclays Cuts 1,200 Jobs as ‘Dead’ Bitcoin Thrives Our open source Bitcoin full node and development platform Bitcore is the first
The post Bitpay & Microsoft are Adding Full Nodes to the Bitcoin Network appeared first on Bitcoin News.
2016. Jan. 26. 18:00
The North American Bitcoin Conference (TNABC) in Miami has come and gone, and various Bitcoin startups presented their new ideas and concept to the attendees. This is one of the main goals of these types of events is to bring more innovation to the digital currency ecosystem, and a hackathon is a perfect solution to
The post BitMine App Wins First Prize at Miami’s Bitcoin Hackathon appeared first on Bitcoin News.
2016. Jan. 26. 17:46
Coin Center has released a guide framework for how it believes bitcoin and blockchain tech should be regulated under securities law.2016. Jan. 26. 15:55
A new study has revealed misconceptions by both bitcoin users and non-users over the digital currency's usability, functionality and anonymity.2016. Jan. 26. 14:00
Since its inception, Bitcoin’s main selling point has been its decentralization. Bitcoin claims to solve an age-old problem: how do you transfer value between strangers without a trusted, centralized, third-party? Early adopters have embraced Bitcoin as a superior alternative to centralized systems, which have shown themselves often to be unworthy of the trust given to
The post Decentralization: The Death or Salvation of Bitcoin? appeared first on Bitcoin News.
2016. Jan. 26. 11:28
A decentralized social network founded by Reddit’s former cryptocurrency engineer has moved forward to the proof-of-concept stage.2016. Jan. 26. 02:24
A bitcoin rewards concept took home $10,000 in bitcoin at the second annual Miami Bitcoin Hackathon held this weekend at The Lab Miami.2016. Jan. 25. 22:46
There is a thread on the top of the subreddit /r/btc that is asking the Bitcoin-core group to denounce the censorship that the moderator Theymos has been accused of. In fact, a pull request on Github is also asking for these same measures. The discussion about the moderator has continuously heated up this year because
The post Bitcoin-Core Team Asked To Denounce Censorship appeared first on Bitcoin News.
2016. Jan. 25. 22:00
As the Bitcoin community struggles to reach an agreement on the block size, the shortfalls in the current consensus mechanism are becoming apparent with politics, community infighting and “whiny rage-quitting.” So how can the Bitcoin community know that the information available in the wild is accurate? Could prediction markets, i.e. Bitcoin futures, aid the decision-making
The post Bitcoin Futures: A Better Solution to Block Size ‘Troll Problem’? appeared first on Bitcoin News.
2016. Jan. 25. 21:00
A European Parliament committee held a public hearing into virtual currencies today, which raised the possibility of regulating digital currencies following the recent Paris terrorist attacks.2016. Jan. 25. 19:17
Post-trade financial service DTCC is calling for the trade settlement industry to test blockchain technology in a report.2016. Jan. 25. 18:16
Digital Asset Holdings has released new details about its long-secretive Hyperledger blockchain platform to be maintained by the Linux Foundation.2016. Jan. 25. 18:00
Experienced Bitcoin users will gladly tell people how the popular digital currency will not help much regarding privacy and anonymity. Even though mainstream media outlets keep preaching the exact opposite of that statement, a new study by Rutgers shows how transactions are not as privacy-centric as people assume. Plus, there are still some questions regarding
The post Rutgers Bitcoin Study: An ‘Ideal’ System Misunderstood by the Public appeared first on Bitcoin News.
2016. Jan. 25. 14:00
SAN DIEGO, CA — Airbitz has announced they are broadening their presence globally by expanding outside the United States. The team has informed Bitcoin.com that they are adding an office in Zug, Switzerland, the unofficial “Silicon Valley” of Europe. Also read: What Would Satoshi Say to Traditional Businesses Integrating Blockchain Technology? How Bitcoin Created Europe’s Own
The post Airbitz Expands to Europe’s Silicon Valley appeared first on Bitcoin News.
2016. Jan. 25. 11:06
The Cato Institute's Jim Harper discusses how bitcoin needs level-headedness from its community to survive as a non-political digital currency.2016. Jan. 24. 22:00
Bitcoin has many innovative attributes just waiting to be unleashed to the public. One of them is how the blockchain could help shape the future of industrial trade by recording activity with more precision and taking quite a bit third party costs out of the equation. Recently, during the first week of January, Wanxiang Blockchain Labs
The post CargoChain: The ‘Disruptive Force’ in Global Trade Wins Deloitte’s Hackathon appeared first on Bitcoin News.
2016. Jan. 24. 18:00
It’s no secret that certain people in the Bitcoin community do not get along with anyone who doesn’t share their opinion. A discussion on Bitcoin Classic got out of hand on Reddit once again when user PaulCapestany started spewing hateful comments aimed at just about anyone. One Bitcoin community member has tracked down this user’s credentials, with signs
The post Are Bitcoin Classic Developers Receiving Threats from /r/Bitcoin Mods? appeared first on Bitcoin News.
2016. Jan. 24. 16:17
CoinDesk examines the most notable recommendations from a new report on distributed ledger tech issued by the UK's chief scientific adviser.2016. Jan. 24. 14:00
The cavalcade of the great minds that are shaping the Bitcoin and blockchain industries continued in earnest on Day Two, 22 January, of The North American Bitcoin Conference (TNABC) 2016. Presenters and panelists focused on regulations affecting Bitcoin and its blockchain technology, mining future perspectives, and investments. In addition, student organization “Generation Blockchain,” presented their
The post ‘Generation Blockchain’ Issues Demands at TNABC 2016 appeared first on Bitcoin News.
2016. Jan. 23. 18:10
Michael J Casey provides perspective on how bitcoin can move forward despite a bitter debate over a needed technical feature.2016. Jan. 23. 18:00
The U.S. think-tank Consumers’ Research has just released the Bretton Woods White Paper, which consists of input from digital currency executives, developers and regulators concerning emerging technologies. Gathered at the site of the Mount Washington Resort, the group produced an 85-page report discussing Bitcoin and its underlying platform. The review was released in Miami at
The post The Bretton Woods White Paper Review appeared first on Bitcoin News.
2016. Jan. 23. 14:00
Major financial players are feeling the effect of the ongoing financial crisis and are forced to cut down staff numbers all over the world. Barclays, one of the biggest banks in the world, has announced they will be cutting at last 1,200 jobs. Especially their Asian branch, which will be hit the hardest by this
The post Barclays Cuts 1,200 Jobs as ‘Dead’ Bitcoin Thrives appeared first on Bitcoin News.
2016. Jan. 23. 08:00
The most expensive Bitcoin sale involving a luxury vehicle took place in Finland last week. The Auto-outlet Helsinki Oy located in Tampere and Vantaa sold a Tesla with the digital currency for a retail price of over € 140,000. As mainstream media calls the virtual money dead, people are still able to use it to
The post €140,000 Tesla Bought for Bitcoin in Finland appeared first on Bitcoin News.
2016. Jan. 23. 06:17
Following a months-long debate on how to scale the bitcoin network, bitcoin mining firms are voicing their support for a newly introduced proposal.2016. Jan. 23. 00:58
In case you didn’t already know, Bitcoin.com now has its own podcast. In this show, our host Zach Doty brings on recognizable members of the Bitcoin community to discuss topics related to Bitcoin. Also read: BitSquare: The ‘Missing Link’ for Decentralized Bitcoin Exchange Bitcoin.com Podcast: Sitting Down with Andreas Antonopoulos The first episode of the Bitcoin.com
The post Bitcoin.com Podcast Episode 1 Recap: Andreas Antonopoulos appeared first on Bitcoin News.
2016. Jan. 22. 23:53
Crypsty CEO Paul Vernon told CoinDesk that the exchange did not tell customers about a hack – or tell them to stop depositing funds – to avoid panic.2016. Jan. 22. 22:00
Leading Bitcoin payment processor BitPay has announced their Ingenico Terminal Plugin, allowing enabling thousands of more merchants to accept Bitcoin payments through its point of sale app. In addition, the company explained the growth of Bitcoin throughout 2015 in words anybody can understand. Also read: Bitsquare: The ‘Missing Link’ for Decentralized Bitcoin Exchange Disclaimer: Bitcoin.com
The post BitPay Enables 27 Million Ingenico Retailers to Accept Bitcoin appeared first on Bitcoin News.
2016. Jan. 22. 18:39
CoinDesk speaks to Blockstream CEO Austin Hill about the industry's ongoing debate on how best to scale the bitcoin blockchain.2016. Jan. 22. 18:00
It seems former JP Morgan Executive Blythe Masters is taking the Australian stock markets by storm with blockchain technology. Bloomberg reports that Digital Asset Holdings, the distributed ledger startup created by Masters, has just raised $52 million USD from investors. The organization has also struck a deal with one of Australia’s leading stock operators. Also read: Dear Bitcoiners: Stop
The post Blythe Masters’ Firm to Build ASX Blockchain, Raises $52 Million appeared first on Bitcoin News.
2016. Jan. 22. 16:28
Consumers’ Research has published a paper on blockchain technologies and the opportunities they present.2016. Jan. 22. 14:00
Amid optimism, and with Bitcoin Classic increasingly gaining supporters of the majority miners, developers, and businesses, The North American Bitcoin Conference kicked off on January 21, in Miami, Florida. The event served as a stage for the people and technologies that are transforming the world of payments. At the heart of it, Bitcoin and its blockchain
The post Miami BTC Conference: Bitcoin to be World Reserve Currency? appeared first on Bitcoin News.
2016. Jan. 22. 05:59
A group of Wyoming legislators has introduced a bill that would ease a regulatory burden on money transmitters in the state that work with bitcoin.2016. Jan. 22. 04:35
At the first stop on bitcoin's annual event calendar, opinions were diverse and divisive on how the network can scale to accommodate new users.2016. Jan. 22. 02:48
Blockchain startup Digital Asset Holdings has announced that it has raised more than $50m in a new funding round.2016. Jan. 22. 02:00
UBS has donated the code for a blockchain-based trading platform to a nonprofit group funding research into a cure for HIV/AIDS.2016. Jan. 21. 22:00
On January 18, 2016, the Bitcoin hash rate had made a gigantic leap towards one quintillion otherwise known as one exahash per second. The historical jump in hash rate hit 986,102,741 GH/s, which is almost making it to the one quintillion position, though the numbers have since subsided. The entire month of January has seen
The post Bitcoin Network Hash Rate Closing in on One Quintillion appeared first on Bitcoin News.
2016. Jan. 21. 20:10
A legislative effort that would have allowed New Hampshire residents to pay their tax bills using bitcoin has been defeated.2016. Jan. 21. 18:00
These days, a lot of Bitcoin users are looking at various ways to protect themselves against price volatility. On paper, this sounds a lot easier than it is in reality, although some solutions are easily accessible such as one Bitcoin debit card that can protect users. Also read: Block Size Fork Ahead: Are Your Bitcoins
The post Prepaid Debit Cards Can Shield You Against Bitcoin Price Volatility appeared first on Bitcoin News.
2016. Jan. 21. 17:26
Yves Mersch, member of the Executive Board of the European Central Bank, has said adoption of blockchain technology could disrupt payments.2016. Jan. 21. 17:26
CoinDesk contributor Bailey Reutzel argues the communication breakdown in bitcoin reveals the project is no longer making good on its original ideals.2016. Jan. 21. 16:30
A MasterCard exec has said that while the firm is interested in blockchain tech, it intends to be cautious with its strategy in this area.2016. Jan. 21. 14:58
?Blockchain solution provider AlphaPoint has announced that banking industry veteran Scott Scalf is joining its executive team.2016. Jan. 21. 14:00
Chinese officials have warned its country’s citizens about MMM Global, a Ponzi scheme that has been plaguing the internet for some time now. In fact, this operation has been running since the early 90s and continues to run rampant after regenerating a few times. The MMM Global Company, which originated from Russia, is attempting to sign up
The post Chinese Gov’t Warns Against ‘Trasparent’ Ponzi Scheme MMM Global appeared first on Bitcoin News.
2016. Jan. 21. 00:56
The cost of using the blockchain for a public records system would outweigh any benefits, a report prepared for Vermont’s legislature concludes.2016. Jan. 20. 23:52
Hong Kong-based bitcoin exchange Gatecoin has joined a startup accelerator backed by Standard Chartered and Chinese Web services giant Baidu.2016. Jan. 20. 22:00
Bitcoin.com spoke with a Wall Street trader on why PayPal’s centralized P2P payment system Venmo is preferred among his circle over Bitcoin to uncover what is preventing the cryptocurrency from breaking into the mainstream. Also read: Lottery for the Poor, Bitcoin for the Rich P2P Payments are Booming It appears that the never ending stream
The post Why PayPal’s Venmo is Beating Bitcoin in P2P Payments appeared first on Bitcoin News.
2016. Jan. 20. 18:55
The People’s Bank of China, the nation’s central bank, is investigating the launch of its own digital currency.2016. Jan. 20. 18:26
The IMF has released a paper looking at the benefits of virtual currencies and recommending balanced regulation that would not stifle innovation.2016. Jan. 20. 18:00
Australian tax authorities are reportedly beefing up their investigation of Craig Wright, who last year was alleged to be bitcoin’s creator.2016. Jan. 20. 18:00
The need for trading cryptocurrency on a safe exchange means a lot to the digital currency community, especially after the failure of many businesses. Compromised exchanges, either by hacks or “exit scams,” have plagued the Bitcoin space for a while now. A decentralized exchange is one concept that has been introduced to the discussion and
The post Bitsquare: The ‘Missing Link’ for Decentralized Bitcoin Exchange appeared first on Bitcoin News.
2016. Jan. 20. 16:56
Congressman David Schweikert, a member of the House Financial Services Committee, is to speak at a blockchain event in Washington, DC, this March.2016. Jan. 20. 14:00
Bitcoin has been going through quite a debate concerning its block size. There’s something new going on with the discussion nearly every single day. Unfortunately, not everyone is available all the time to follow the conversation from point to point and this has led to some confusion. Today, we will discuss some commonly asked questions
The post Block Size Fork Ahead: Are Your Bitcoins Safe? appeared first on Bitcoin News.
2016. Jan. 19. 19:35
The San Francisco-based Bitcoin exchange Kraken has just announced the largest and merger and acquisition deal in Bitcoin exchange history as it has officially acquired major U.S. exchanges Coinsetter and Cavirtex. Kraken will now expand its business operations to the United States and Canada. Also read: The Value of a Bitcoin: Teaching Your Kids Financial Responsibility
The post Kraken Snatches Two Competitor Exchanges, Expands to North America appeared first on Bitcoin News.
2016. Jan. 19. 18:00
Bitcoin users who have been keeping a close eye on the progress of Spells of Genesis may have noticed how the price per blockchain-based trading card has gone up over time. In fact, the value of the in-game BitCrystals currency has been on a steady increase as well and currently sits at the $0.0366 USD
The post Spells of Genesis In-Game Currency BitCrystals Surges After Monthly Burning appeared first on Bitcoin News.
2016. Jan. 19. 14:00
In the past year, the Bitcoin space has been caught up in the heated block size discussion. Throughout the debate, there have been lines drawn by two significant camps and many just watching from the sidelines. The conversation has enraged some so much that censorship has been introduced into some platforms — most notably r/bitcoin and
The post Censor This! Bitcoin Reddit Alternatives Gaining Popularity appeared first on Bitcoin News.
2016. Jan. 19. 13:35
Government urged to use Bitcoin-style digital ledgers - BBC News: UK’s chief scientific advisor...2016. Jan. 19. 11:10
The Bitcoin community is in a deep crisis – there are basically two sides with fundamentally opposing views on how to move forward. The whole discussion has become toxic with personal attacks, conspiracy theories, computer hacking and even death threats against Bitcoin developers. Altcoins are suffering as well. Some very annoying proponents of “Ethereum” have started spamming inboxes of reddit users.
2016. Jan. 19. 10:10
The Bitcoin community is in a deep crisis – there are basically two sides with fundamentally opposing views on how to move forward. The whole discussion has become toxic with personal attacks, conspiracy theories, computer hacking and even death threats against Bitcoin developers. Altcoins are suffering as well. Some very annoying proponents of “Ethereum” have started spamming inboxes of reddit users.
2016. Jan. 18. 22:00
As Chinese financial instability rocked global markets, placing them on what seems to be the edge of economic collapse, the Bitcoin community erupted with joy. At last, the world economy will fail, and Bitcoin will finally have its time to shine. Also read: 4 Platforms That Believe the Future is Decentralized Economic Collapse: The Reality is Not
The post Dear Bitcoiners: Stop Cheering for Economic Collapse appeared first on Bitcoin News.
2016. Jan. 18. 15:32
2016. Jan. 17. 20:40
Bitcoin Capital is a fund (registered in Hong Kong and the Cayman Islands) that invests in Bitcoin companies, Bitcoin mining and Bitcoin itself and pays dividends in Bitcoin.
Target GroupIt’s only available to “qualified investors”, but for big investors (net worth >$50m) it’s too small. Their fund is not even close to $10 million in total value.DiversityEvery investor is willing to take risks, but this fund is not only fully exposed to the risks of the cryptocurrency economy it’s also paying dividends in cryptocurrency. Management
Both Keiser and Dixon have been involved in Bitcoin for a long-time, but they are both slow on catching up with the community on recent events. If you have ever watched Keiser’s TV show you already know what kind of person he is: fearmongering about “the collapse of the U.S. dollar”, talking to struggling entrepreneurs and conspiracy theorists. Conclusion
This might be the worst investment vehicle in the history of Bitcoin.
2016. Jan. 17. 19:40
Bitcoin Capital is a fund (registered in Hong Kong and the Cayman Islands) that invests in Bitcoin companies, Bitcoin mining and Bitcoin itself and pays dividends in Bitcoin.
Target GroupIt’s only available to “qualified investors”, but for big investors (net worth >$50m) it’s too small. Their fund is not even close to $10 million in total value.DiversityEvery investor is willing to take risks, but this fund is not only fully exposed to the risks of the cryptocurrency economy it’s also paying dividends in cryptocurrency. Management
Both Keiser and Dixon have been involved in Bitcoin for a long-time, but they are both slow on catching up with the community on recent events. If you have ever watched Keiser’s TV show you already know what kind of person he is: fearmongering about “the collapse of the U.S. dollar”, talking to struggling entrepreneurs and conspiracy theorists. Conclusion
This might be the worst investment vehicle in the history of Bitcoin.
2016. Jan. 17. 14:52
This post contains 0.05 BTC. Just brainwallet the last sentence to get it.
https://blockchain.info/address/1J6rJqpW6aBL9E5nSNx3yT8echgWFfSSbd
In the UK? Buy coins on BitBargain.co.uk.
Update (a few days after posting this): So many likes! And yet, noone has actually taken the 0.05 BTC for themselves yet.
2016. Jan. 16. 03:00
Romit, the remittance service that began as bitcoin ATM developer Robocoin, has said that it is shutting down its bitcoin services.
The company told customers today that it was suspending its bitcoin-related services and encouraged customers to begin withdrawing their funds. Romit, which offers a wallet service aimed at global remittance payments, plans to formally end its bitcoin services on 15th February, according to text messages sent to users.Source: CoinDesk
2016. Jan. 16. 02:07
Embattled digital currency exchange Cryptsy is now claiming that it is insolvent.
The exchange alleges in a newly released blog post that it was the target of a hack in July 2014, an incident that it said cost it approximately 13,000 BTC ($7.5m at the time) and approximately 300,000 LTC (then $2.08m).
Unless the funds are recovered or a buyer is able to cover the losses, the post continued, the site will be shut down and bankruptcy declared.
The acknowledgement of insolvency and the hack claims come after months of customer withdrawal delays, comparisons to the now-defunct Japanese bitcoin exchange Mt Gox, and the filing of a class action lawsuit against the exchange.
Cryptsy said that it has outstanding liabilities of approximately 10,000 BTC, or roughly $4.15m at press time. The site, which previously said that it would suspend trading and withdrawals indefinitely, has been taken offline as of press time.Source: CoinDesk
2016. Jan. 16. 02:00
Romit, the remittance service that began as bitcoin ATM developer Robocoin, has said that it is shutting down its bitcoin services.
The company told customers today that it was suspending its bitcoin-related services and encouraged customers to begin withdrawing their funds. Romit, which offers a wallet service aimed at global remittance payments, plans to formally end its bitcoin services on 15th February, according to text messages sent to users.Source: CoinDesk
2016. Jan. 16. 01:59
Senior bitcoin developer says currency ‘failed experiment’ https://t.co/gTEJCoqcTZ via @guardian @alexhern
— Bitcoin Info (@bitcoininfo) January 16, 2016
2016. Jan. 16. 01:07
Embattled digital currency exchange Cryptsy is now claiming that it is insolvent.
The exchange alleges in a newly released blog post that it was the target of a hack in July 2014, an incident that it said cost it approximately 13,000 BTC ($7.5m at the time) and approximately 300,000 LTC (then $2.08m).
Unless the funds are recovered or a buyer is able to cover the losses, the post continued, the site will be shut down and bankruptcy declared.
The acknowledgement of insolvency and the hack claims come after months of customer withdrawal delays, comparisons to the now-defunct Japanese bitcoin exchange Mt Gox, and the filing of a class action lawsuit against the exchange.
Cryptsy said that it has outstanding liabilities of approximately 10,000 BTC, or roughly $4.15m at press time. The site, which previously said that it would suspend trading and withdrawals indefinitely, has been taken offline as of press time.Source: CoinDesk
2016. Jan. 16. 00:59
Senior bitcoin developer says currency ‘failed experiment’ https://t.co/gTEJCoqcTZ via @guardian @alexhern
— Bitcoin Info (@bitcoininfo) January 16, 2016
2016. Jan. 15. 23:53
Mike Hearn, a British computer programmer, holed up in his two-bedroom apartment in Zurich over several days and nights last week, writing a cri de coeur.
Two years ago, Mr. Hearn quit a cushy programming job at Google’s Swiss headquarters to devote himself full time to what was his great passion: the virtual currency Bitcoin. He was one of a handful of developers around the world dedicated to maintaining the basic software that governs both the creation of new Bitcoins and the network on which the financial transactions take place.
But a nasty fight has torn apart the small brotherhood of Bitcoin developers and raised questions about the survival of the virtual currency. Mr. Hearn, until recently one of the most prominent leaders of the Bitcoin project, became so disillusioned that in December he sold the few hundred Bitcoins he had left and quietly took a job at a new start-up.
The impassioned blog post he was working on last week was an announcement that he was leaving Bitcoin behind entirely: “Bitcoin has gone from being a transparent and open community to one that is dominated by rampant censorship and attacks on bitcoiners by other bitcoiners.”
The dispute — which grew out of a question about the number of transactions the Bitcoin network can handle — may sound like something of interest only to the most die-hard techies. But it has exposed fundamental differences about the basic aims of the Bitcoin project, and how online communities should be governed. The two camps have broadly painted each other as, on one side, populists who are focused on expanding Bitcoin’s commercial potential and, on the other side, elitists who are more concerned with protecting its status as a radical challenger to existing currencies.Source: NY Times
2016. Jan. 15. 22:53
Mike Hearn, a British computer programmer, holed up in his two-bedroom apartment in Zurich over several days and nights last week, writing a cri de coeur.
Two years ago, Mr. Hearn quit a cushy programming job at Google’s Swiss headquarters to devote himself full time to what was his great passion: the virtual currency Bitcoin. He was one of a handful of developers around the world dedicated to maintaining the basic software that governs both the creation of new Bitcoins and the network on which the financial transactions take place.
But a nasty fight has torn apart the small brotherhood of Bitcoin developers and raised questions about the survival of the virtual currency. Mr. Hearn, until recently one of the most prominent leaders of the Bitcoin project, became so disillusioned that in December he sold the few hundred Bitcoins he had left and quietly took a job at a new start-up.
The impassioned blog post he was working on last week was an announcement that he was leaving Bitcoin behind entirely: “Bitcoin has gone from being a transparent and open community to one that is dominated by rampant censorship and attacks on bitcoiners by other bitcoiners.”
The dispute — which grew out of a question about the number of transactions the Bitcoin network can handle — may sound like something of interest only to the most die-hard techies. But it has exposed fundamental differences about the basic aims of the Bitcoin project, and how online communities should be governed. The two camps have broadly painted each other as, on one side, populists who are focused on expanding Bitcoin’s commercial potential and, on the other side, elitists who are more concerned with protecting its status as a radical challenger to existing currencies.Source: NY Times
2016. Jan. 15. 11:17
As it turns out, the people who were called ‘trolls’ and accused of spreading FUD (myself included) were correct in the assumption that Cryptsy may have been insolvent or suffered a hack that lead to withdrawal processing problems.
http://blog.cryptsy.com/post/137323646202/announcement
We learn from this blog entry that:
- Cryptsy were running altcoins under the same account as Bitcoin. Either that, or they had an old kernel and lack of protections in place to prevent a root exploit.
- Much like Mt.Gox, Cryptsy do not know what a safe/cold wallet means. They claim that a hot wallet compromise (which should have been confined to the type of coin, not other coins on the same server) somehow lead to the attackers being able to steal 13k BTC and 300k LTC from the cold wallets. Clearly there is a missing piece in the story.
- The hack happened over 1.5 years ago.
- Even though Cryptsy had known about the hack for long, they didn’t report it to police because they just “didn’t know what happened” (other than you know, someone stealing a lot of money from them, which is clearly too little information, so they figured continuing business as usual was the right call).
- Cryptsy continuously kept this information hidden on purpose. They accepted deposits from users and deliberately didn’t post any warnings on the front page about possible withdrawal problems.
- CoinFire is blamed for posting an article about the withdrawal problems and the suspicious communication (or lack of it). Apparently the bank run is their fault.
- They have finally realized that they can no longer keep up the charade, so now they turned to the general public to *now* ask them what to do (file bankruptcy, get someone to buy the company, or wait for the hacker to feel bad about taking all those coins and return it).
2016. Jan. 15. 10:17
2016. Jan. 14. 19:04
The Frankfurt-based company offers its solutions to more than 80.000 travel websites.
“As a leading IT company in an industry that is particularly hard hit by credit card fraud, we are always looking for new solutions for payment processing,” said the company’s Director of Sales and Marketing Patrick Görtz.
The general manager of BitPay Europe said in an announcement “ We are very pleased to be working with Ypsilon.Net because it is now possible for us to expand Bitcoin payments into tourism through one of the most innovative platforms”
2016. Jan. 13. 19:30
PayPal just appointed a Bitcoin Entrepreneur to its board.
The CEO of Bitcoin wallet provider Xapo, Wences Casares, is PayPal’s newest board member.
2016. Jan. 13. 19:11
Online publication CoinDesk has been acquired by Bitcoin firm.
The Bitcoin investing firm Digital Currency Group has bought Coindesk. The DCG has been one of the publication’s first investors.
The firm has expressed its plan to expand Coindesk’s services to organising events and offering premium content.
2016. Jan. 13. 13:49
Bitonic has sold over 200 000 bitcoins and is celebrating by giving away one bitcoin! PART 5.
Bitonic is one the largest trading platform in the Netherlands, operating since May 2012.
The company is offering payment tools for businesses, NGOs and governmental bodies.
2016. Jan. 12. 16:39
Netflix Executive indicates the company could be open to Bitcoin.
Doing a Q&A at the Internet Media and Telecommunications Conference, Netflix CFO David Wells said:
“We’ll see where we go from here in the next 10, 15 years from a payments perspective, because countries still want to hold on to their monetary policy. But [it] sure would be nice to have bitcoin, in terms of a global currency, that you could use globally.”
The streaming giant has recently announced its expansion of services in 130 countries.
2016. Jan. 11. 14:02
Bitcoin-on-Family-guy.mp4
https://www.reddit.com/r/Bitcoin/comments/40g77i/anybody_see_bitcoin_mentioned_on_family_guy_last/
Buy bitcoins in the UK at: https://bitbargain.co.uk/
2016. Jan. 10. 11:35
“The conversation around Bitcoin has shifted from curiosity, confusion and doubt to one in which serious decision-makers are recognising the many ways blockchain ledgers can be used”
Brian Forde and Michael Casey
Source: The Wired world in 2016
Illustration rights; David Doran
2016. Jan. 07. 01:13
Are we going up again?
Chart: Bitfinex
2016. Jan. 07. 00:13
Are we going up again?
Chart: Bitfinex
2016. Jan. 06. 21:40
Seller test answer fee: lowered from 1 GBP to 0.3 GBP.
Seller application fee: lowered from 0.02 BTC to 0.002 BTC.
Bank verification: lowered from 0.01 BTC to 0.002 BTC.
Trade request SMS fee: lowered to ZERO.
Trade payment SMS fee: lowered to ZERO.
Sell bitcoins in the UK: https://bitbargain.co.uk/sell
https://bitbargain.co.uk/trade-bitcoins-app
2016. Jan. 06. 21:19
Thought #Bitcoin Was Dead? 2016 Is the Year It Goes Big.
2016. Jan. 05. 21:59
Austrian Startup Coinimal offers Amazon.de vouchers at spot priceBitstamp adds physical gold delivery as a withdrawal option (European Union only)The Bitcoin Foundation is running ouf of moneyCoinbase.com announced support for Bitcoin XT / BIP1012016. Jan. 05. 20:59
Austrian Startup Coinimal offers Amazon.de vouchers at spot priceBitstamp adds physical gold delivery as a withdrawal option (European Union only)The Bitcoin Foundation is running ouf of moneyCoinbase.com announced support for Bitcoin XT / BIP1012016. Jan. 05. 16:32
BitPay is among four new partners joining Microsoft's forthcoming blockchain-as-a-service offering on its Azure platform.2016. Jan. 04. 13:53
After an eventful 2015 for bitcoin and the blockchain, what’s in store on the regulatory and enforcement front in 2016?2016. Jan. 03. 18:45
Security and privacy researcher Kristov Atlas discusses how cryptography research from the 1970s could help bitcoin addresses become user-friendly.2016. Jan. 02. 17:45
ChangeTip community director Victoria van Eyk details the charitable efforts of the bitcoin community in 2015.2016. Jan. 01. 17:34
CoinDesk explores the importance of creating bitcoin products and services that will delight users globally and prove the technology's worth in 2016.