Bitcoin Latest News
Jeremy Almond, CEO of payments-as-a-service platform PayStand, examines whether blockchain technology can rescue the last bastion of analog payments.
Posted on 29 August 2015 | 4:00 am
Posted on 28 August 2015 | 5:23 pm
The venture arm of a major Canadian pension fund is reportedly looking at making investments in bitcoin and blockchain startups.
Posted on 28 August 2015 | 2:45 pm
Posted on 28 August 2015 | 2:45 pm
CoinDesk looks at the top headlines from the last week including prominent pieces from Rolling Stone and The New Yorker.
Posted on 28 August 2015 | 1:01 pm
Posted on 28 August 2015 | 12:53 pm
Bitcoin Price Has Some Wiggle-RoomCryptoCoinsNewsBitcoin
price has been going through the motions of ticking out a slow correction above $220 and below the 1-hour 200MA (red). The slow progress means there have been few analysis updates during the past days. At the moment there seems to be a signal ...
Posted on 28 August 2015 | 11:43 am
CardCash, an American online company that buys and sells discounted gift cards from thousands of national retailers, has begun to accept bitcoin payments. CardCash joins companies like Gyft and Fold that provide ways for Bitcoin users to interact with the massive gift card industry. “We saw that bitcoin was getting a lot of traction and growing in legitimacy,” CardCash CEO Elliot Bohm said in an interview with Bitcoin Magazine, “but it was slow in getting acceptance in popular brands.” He pointed out that while consumers could use bitcoin to shop at Overstock and Dell, they couldn’t spend their bitcoin at Macy’s, for example. “We can easily be the bridge,” said Bohm. “People can use bitcoin and save money at the same time.” […]
The post CardCash Adds Bitcoin Payments for Gift Cards at Thousands of US Retail Stores appeared first on Bitcoin Magazine.
Posted on 28 August 2015 | 9:28 am
As weak economic data from China hit asset prices globally, Bitcoin Magazine spoke to a number of experts to assess the impact on the price of bitcoin. Since its introduction in 2009, soon after the outbreak of the Great Recession, bitcoin has been championed as a more reliable store of long-term value than fiat money given bitcoin’s capped supply and the continued printing of fiat currencies by various central banks, which many fear will continue to cause financial crises across the globe. However as the CBOE Volatility Index (VIX), often referred to as the ‘Fear Index’, recently trebled from 13.02 to 40.74, and global markets posted their worst week of the year, the U.S. dollar price of a bitcoin fell […]
The post Investors Weigh Bitcoin’s Prospects as Fear Levels Rise Across Global Markets appeared first on Bitcoin Magazine.
Posted on 28 August 2015 | 9:27 am
CoinWallet.eu, the U.K.-based Bitcoin mining and wallet business has said it will be running another “stress test” in early September to test the Bitcoin network, according to International Business Times. The company told the international journal that this round of “test” or “spam” attacks “will likely render most standard wallet software worthless and create nearly a 30-day backlog” in the system. Bitcoin Magazine reached out to CoinWallet to learn more about the company’s plans but received no response by time of publication. Stress Test will hammer the Bitcoin network Much like its previous stress test in early July of this year, CoinWallet’s so-called “dust attack” will flood the network with thousands of small, spam-like bitcoin transactions that are large in data but […]
The post Bitcoin Businesses Take Steps to Prepare for CoinWallet’s September Stress Test appeared first on Bitcoin Magazine.
Posted on 28 August 2015 | 8:43 am
USAA: Bitcoin and Blockchain Are FinTech Game-ChangersCoinDesk
Vic Pascucci is quick to use the phrase "game changer" when talking about bitcoin
and blockchain technology. The current USAA head of corporate development and board member at its portfolio startups including Saffron, ID.me and Automatic Labs says he ...
Posted on 28 August 2015 | 8:31 am
Vic Pascucci, current USAA head of corporate development, speaks to CoinDesk about his firm's interest in bitcoin and blockchain thechnology.
Posted on 28 August 2015 | 8:24 am
Posted on 28 August 2015 | 8:17 am
Posted on 28 August 2015 | 5:20 am
ChangeTip Users Can Now Turn Bitcoin Tips into Gift CardsCoinDesk
tipping service, which has raised $4.25m in funding to date, brands itself as a 'love button' for various social media channels including Facebook, Twitter and Reddit. Until now, ChangeTip users could top up their accounts via Coinbase ...
Posted on 28 August 2015 | 4:40 am
A Virginia teenager who offered online advice on how to use bitcoin to fund terrorist group ISIL is to be sentenced today.
Posted on 28 August 2015 | 3:36 am
CoinDesk profiles Blockstack, one of a new wave of blockchain firms seeking to partner with financial firms on initiatives involving the technology.
Posted on 27 August 2015 | 3:42 pm
Cryptosecurities may not be subject to commercial transactions law under the US Uniform Commercial Code (UCC), according to new research.
Posted on 27 August 2015 | 12:45 pm
Bitcoin wallet manufacturer Case Inc. has concluded the final phase of testing and announced that the company will begin shipping its hardware wallets on September 21. “Appropriation of parts is complete and the manufacturing process is nearing its end. Everyone at Case is eager to get our device in the hands of our customers who have patiently waited for their bitcoin wallets,” Case announced on its website. “Providing a secure, easy-to-use bitcoin experience around the world has been our mission from the beginning and we’re excited to finally deliver on that.” The Case team launched its hardware wallets at TechCrunch NY on June 24 and raised $1.5 million in an equity seed funding round led by FuturePerfect Ventures, participated in […]
The post Case Announces September 21 Shipping Date for Bitcoin Hardware Wallets appeared first on Bitcoin Magazine.
Posted on 27 August 2015 | 10:04 am
This week, Vogogo announced in its second-quarter financial statements that leading Bitcoin companies, including BitPay, ChangeTip, Genesis Global Trading and Zinger, have integrated Vogogo’s risk management/compliance products onto their platforms. Vogogo’s services include customer verification, anti-money laundering and counter-terrorism finance compliance reporting, payment and rules engine and fraud mitigation. Global bitcoin payment services provider BitPay has integrated Vogogo’s AML-CTF global compliance, which validates users against global watch lists and protects the platform from money laundering attempts with advanced analytics and decision-making technology. “We are seeing significant interest in our risk-management services and payment services from alternative markets,” said Vogogo CEO Geoff Gordon. “Capturing those opportunities will help us drive revenue while we continue to move forward with our plan to […]
The post Leading Bitcoin Startups Integrate Vogogo’s Risk Management Platform appeared first on Bitcoin Magazine.
Posted on 27 August 2015 | 9:15 am
A Princeton University free online course on “Bitcoin and Cryptocurrency Technologies” will be offered by Coursera beginning September 4, 2015. Coursera is an online education platform for Massive Open Online Courses (MOOCs), which partners with top universities and organizations worldwide, to offer courses online for anyone to take for free. MOOCs give anyone, anywhere, the possibility to acquire a world-class education. Courses include video lectures, exercises and online interaction with teachers and other students. Some courses offer certification as well. The Princeton Bitcoin course will last six weeks, with the last lecture on November 1, 2015, but students also will be able to follow the video lectures after that date. That’s part of the appeal of MOOCs –students who prefer […]
The post Princeton University and Coursera Launch Free Online Course on Bitcoin and Cryptocurrencies appeared first on Bitcoin Magazine.
Posted on 27 August 2015 | 9:10 am
BTCChina has backed Jeff Garzik's block size scaling solution, giving BIP 100 a majority of the network's hashing power.
Posted on 27 August 2015 | 7:03 am
Commonwealth governments should regulate bitcoin, according to the Commonwealth's Virtual Currencies Working Group.
Posted on 27 August 2015 | 5:20 am
Overstock's crypto subsidiary tØ has acquired Wall Street firm SpeedRoute, a move CEO Joseph Cammarata termed a "quantum leap" for securities trading.
Posted on 27 August 2015 | 3:47 am
It has been a rollercoaster of a ride for global equity investors over the past few days. Besides the month-long slide in the Chinese markets, the Dow plummeted from approximately 16,459 on August 21st to 15,446 on the 24th. When the going gets tough, investors have historically flocked toward assets that are considered safer, including cash, gold, and treasury bills. Often times, the asset of choice is gold because it is considered the greatest store of value. However, some think that Bitcoin might one day trump gold as a means of protecting against volatility. Tim Draper, founding partner of Draper Fisher Jurvetson, a prominent Silicon Valley venture capital fund, believes that bitcoin might one day be the preeminent store of […]
The post Tim Draper Speaks on Global Equity Turmoil: “I Expect People to Run to Bitcoin the Way They Do to Gold.” appeared first on Bitcoin Magazine.
Posted on 26 August 2015 | 3:20 pm
The reward miners will receive for processing transactions on the litecoin blockchain halved yesterday, dropping from 50 LTC to 25 LTC.
Posted on 26 August 2015 | 11:59 am
Tech giants including Microsoft and IBM have been supporting Bitcoin startups, conferences, accelerators and developers in India. The efforts of these companies are beginning to pay off, as India has seen a gradual increase in the number of developers and freelancers in the Bitcoin ecosystem. “There is lot of interest from freelancers in India who suddenly are now getting bitcoins from U.S.-based companies, and then they scramble to understand what is bitcoin,” Indian Bitcoin startup Blockonomics founder Shiva Sitamraju told Bitcoin Magazine. The increase of Indian freelancers’ and developers’ involvement with Bitcoin startups and organizations has created an efficient environment for local people to buy and purchase bitcoins instantly. “From publicly available sources that display data transparently, like LocalBitcoins and […]
The post Bitcoin Interest Grows in India From Cross-Border Payments and Corporate Support appeared first on Bitcoin Magazine.
Posted on 26 August 2015 | 11:11 am
Agora has announced it will shut down temporarily while it explores defence mechanisms against attacks which could identify its servers and operators.
Posted on 26 August 2015 | 10:45 am
In June, Bitcoin Magazine reported that Blockstream launched Sidechain Elements, a sidechain development framework with open source code, including an experimental sidechain for developers dubbed Elements Alpha. Now, in the first technical post to appear on the Blockstream blog after the announcement of Sidechain Elements, Blockstream and Bitcoin Core developer Pieter Wuille proposes the intriguing concept of Tree Signatures, an efficient multisig method with enhanced privacy. Blockstream was formed by renowned cryptography experts, including some Bitcoin Core developers, to accelerate innovation in digital currencies and implement the sidechain concept described in the paper “Enabling Blockchain Innovations with Pegged Sidechains,” released in October. In November, Blockstream closed a $21 million seed funding round with nearly 40 high-profile investors. Tree signatures, which can […]
The post Blockstream’s Pieter Wuille Proposes Tree Signatures for Improved and Flexible Multisig Bitcoin Transactions appeared first on Bitcoin Magazine.
Posted on 26 August 2015 | 10:24 am
Mark Karpeles, the former CEO of bankrupt bitcoin exchange Mt Gox, has denied claims he manipulated account balances while he was running the company.
Posted on 26 August 2015 | 8:10 am
A new bitcoin micropayments tool has launched to take aim at the global freelance and on-demand services market.
Posted on 25 August 2015 | 4:12 pm
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