Month: March 2014

Headlines Here’s Why Square’s Bitcoin Integration is a Big DealAlthough many Bitcoin enthusiasts have been looking for new merchants who are directly accepting the cryptocurrency in their local towns, it seems that a move from Square could end up being an even bigger deal. Square announced their integration with Bitcoin today on their blog, and […]

Headlines The Death of Windows XP Won’t Kill the ATM Industry, or Help BitcoinWindows XP will soon cease to be supported. How will this affect the ATM industry and the bitcoin industry? Mt. Gox Used Client Money for Operations and Extravagances, Allege StaffMt Gox used customer deposits to fund company operations and unnecessary purchases back […]

Headlines The Benefits of Bitcoin in International TravelCoinbase’s Nick Tomaino explains why bitcoin is the international traveller’s best friend. Coinbase announces Bithack winners and own App StoreBitcoin contests, we do not see them often. At least not big ones. There was one; however, that caught the eye. Coinbase organised Bithack, a contest where developers were […]

Headlines Stripe is Testing Bitcoin SupportStripe is a San Francisco-based web and mobile payments startup. The service advertises itself as being “built for developers,” since it provides numerous APIs to power commerce on a range of devices and platforms. Stripe also offers competitive pricing that is often cheaper than alternatives such as PayPal. Despite being relatively new […]

Headlines Reddit CEO Thinks the World of Dogecoin, Slams ‘Crazy’ BitcoinersOutspoken Reddit boss Yishan Wong issued some frank views on bitcoin, libertarians and altcoins this week. Bitcoin ID Verification Streamlined With Jumio’s BISONA new service by credentials management company Jumio hopes to streamline ID verification for bitcoin businesses. BREAKING: Evidence That Transaction Malleability Did Not […]

Headlines Cryptocurrency Payment Processor GoCoin Gets $1.5 Million in FundingThe Singapore-based bitcoin and altcoin payments processor has raised additional funding. New Polish Bitcoin Exchange Bitmarket.pl is LaunchedWith cryptocurrencies becoming increasingly popular in Poland, a new bitcoin exchange, Bitmarket.pl, was launched there this month. Colombia Stops Short of Bitcoin Ban, Bars Banks From IndustryDespite fears Colombia […]

Headlines ECB says Bitcoin is ‘economically insignificant’We have seen several countries taking a stance on Bitcoin in the past few months. Some would rather see it disappear while others carefully embrace the concept. Today, the European Central Bank issued a remarkable statement. Economically unimportant The European Central Bank (ECB) has always remained silent on the […]

Headlines UK Digital Currency Association Launches as Local Community VoiceThe UKDCA, a UK-based digital currency trade association, launched today and is now accepting new members. Exchange Vircurex Freezes Withdrawals, Claims Lack of ReservesExchange Vircurex announced a freeze on BTC/LTC withdrawals starting today, but has promised to pay back all funds eventually. Mining ASICs Technologies B.V. […]

Headlines CCN Week in Review: Mt. Gox “Finds” 200K BTC, Blockchain Downtime, Bitcoin Price Drop, and MoreThe week of 17 March – 23 March was pretty eventful in the Bitcoin world. We learned that Mt. Gox stumbled upon 200,000 bitcoins previously thought to have been stolen in an old wallet, that popular web wallet Blockchain suffered […]

Headlines Why Bitcoin Needs its Own ‘Got Milk?’Bitcoin as a brand is in dire need of some work, argues brand strategist Adam Hanft. Bitcoin to help paralyzed olympic athleteThe story of Brazilian Olympic skier Lais Souza is a sad tale. The former gymnast wanted to compete during the Winter Olympics in Sochi. While she was […]

Headlines Fake China Bitcoin Ban pushes BTC price below $600Update: it seems there was a document, saying People’s Bank of China is looking into strengthening regulations. A ban on Bitcoin is definitely not part of it. The story is still developing, we will keep watching this closely. Bitcoin price has been dropping significantly since yesterday. […]

Headlines ATM Industry Association Publishes Report on Bitcoin ATMsThe ATM Industry Association has published a report on bitcoin and what it means for the world of ATMs. Coins.ph partners with MetroDeal and CashCashPinoyThe coins.ph bitcoin exchange has partnered with MetroDeal and CashCashPinoy which are two companies based in the Philippines. This effects an area where […]

Headlines Banks, Corruption and Crypto: Can Bitcoin Change India?Decentralized payment systems like bitcoin could influence financial innovation in India – whether the government likes it or not. KnCMiner Reveals Titan: Litecoin Mining Hardware Capable Of 100 MH/sEarlier today, KnCMiner updated their website to reveal a Litecoin Mining Hardware tab, right next to their Bitcoin Mining […]

Headlines DigitalBTC to Enter Strategic Partnership With CloudHashing.comBitcoin investment and management company DigitalBTC will soon be working closely with the cloud mining provider. BTC China to Drop Bitcoin Trading Fees to 0%BTC China is set to reduce the trading fees across its digital currency exchange to 0%. Bank of Thailand issues another statement on BitcoinIn […]

Headlines Dream Chip Technologies Confirms Partnership With Mining ASICs Technologies (MAT)3 weeks ago, I posted Mining ASICs Technologies’ announcement of 6TH/s Bitcoin ASICs and 200 MH/s Scrypt ASICs to all of y’all, my disbelieving readers.  Over the course of ASIC development in the Bitcoin mining and Scrypt mining spheres, many people have been burned.  The […]

Headlines Mastercoin launches distributed exchangeMastercoin has launched a decentralized exchange feature, which is in effect a distributed exchange. Several months ago, the Mastercoin team launched the idea for this type of exchange. The concept had potential, as shown by the raising of 4.740 Bitcoins in a public kickstarter (this was worth about $600.000 at the […]

Headlines Finally, a Congressman Who Understands BitcoinA lot of politicians, such as Senator Joe Manchin, don’t really seem to understand how Bitcoin works. They often have misinformed beliefs about the virtual currency, such as the belief that Bitcoin is mostly used by criminals, leading them to the conclusion that Bitcoin needs to be banned. However, a […]

Headlines Bitcoin Exchange Doing Security Right: Bitcurex Successfully Blocked A Hacking AttackSome 9 hours ago, astute Bitcoiners watching Bitcoin exchange charts were greeted by a surprising blip on Poland’s largest Bitcoin Exchange: Bitcurex.  Bitcurex has been in operation since July 2012, and is operated out of Lodz, Poland under the registered Digital Future Ltd.  It […]

Headlines Mobile Ad Platform Vungle Offers Publishers Payouts in BitcoinLeading mobile app monetization platform Vungle is now offering bitcoin payouts for its app publishers. Australian company becomes Bitcoin enterpriseBitcoin may have taken some hits over the past few weeks with all the Mt. Gox issues but, like we reported earlier this week, this isn’t stopping […]

Headlines BitPay Drops Central Texas Gun Works; Bitcoin Magazine Drops HeadlineOriginal Bitcoin Magazine article; article has been removed. Late last night, Bitcoin Magazine published an article about Central Texas Gun Works (CTGW) being “dropped” by their Bitcoin Payment Processor: BitPay.  In response, and due to CTGW owner Michael Cargill‘s commitment to Bitcoin, CTGW has promptly […]

Headlines US Securities Regulator FINRA Warns of Bitcoin’s Investment RisksThe Financial Industry Regulatory Authority (FINRA), the USA’s largest independent regulator, has issued an investor alert about bitcoin. DC Veterans Jim Harper and Amy Weiss Join Bitcoin FoundationThe Bitcoin Foundation just got two new high-profile members: Global Policy Counsel Jim Harper and Media Consultant Amy Weiss. […]

Headlines Debunking the Deflationary Bitcoin ArgumentIt seems every day we hear the Bitcoin deflationary argument, not only from publications such as Business Week, but even from proponents of Bitcoin.  Let’s state it clearly: The Deflationary Bitcoin Argument: Bitcoin is not inflationary because the supply is limited to 21 million coins.  Therefore, people want to hold […]

Headlines South Korea Launches its First Two-Way Bitcoin ATMSouth Korea’s first bitcoin ATM is locally built and enables users to both buy and sell bitcoin. Forget Bitcoin vs Fiat, Welcome the Hybrid EconomyCircle’s Sean Neville contemplates a moderate take on the future of finance, one where bitcoin and fiat co-exist. The Many Tendrils of Mark […]

Headlines Why The Bitcoin Industry Must Recognise Its ResponsibilitiesThe biggest lesson of the fall of Mt. Gox and Flexcoin is that customers must be better protected. Meet Roger Dickinson, The Man Behind California’s Bill to Legalize BitcoinThe California Assembly’s Roger Dickinson talks about his state’s neutral approach to digital currency legislation. Bitcoin Community Rushes To […]

Headlines Introducing A Truly Innovative Altcoin: HuntercoinHuntercoin Resources Bitcointalk thread Huntercoin.info   What Is Huntercoin? Huntercoin is a new altcoin that released at the beginning of February to little fanfare.  Huntercoin is based off of Namecoin and utilized a dual proof-of-work algorithm to process Huntercoin transactions with both SHA and Scrypt devices.  Huntercoin is meant […]

Headlines Upcoming Version of Bitcoinj Software Will Use Tor NetworkBitcoin developer Mike Hearn claims an upcoming version of bitcoinj will route all connections via the Tor anonymity network. Bitcoin Community Doubts Satoshi Nakamoto Identity(CCN’s original live-updated coverage here) As Newsweek’s article regarding the identity of Satoshi Nakamoto surges through the community, many are stunned with […]

Headlines Will Linux Flaw Leave Bitcoiners Vulnerable to Attacks?A longstanding error with the Linux gnuTLS package could have a wide-ranging impact on the bitcoin community. CoinBase Payment URL Handler Support Now LiveWith so much negative news about exchanges like MTGox, Flexcoin and Poloniex lately it was refreshing to see something positive, on Feb 28th CoinBase […]

Headlines The Texas Bitcoin Conference Starts Tomorrow; Follow Me For Live UpdatesTomorrow, the Texas Bitcoin Conference (TBC) is kicking off at the Circuit of the Americas Technology and Conference Center.  The conference venue is a whopping 44,000 square feet and in order to properly utilize it the Texas Bitcoin Conference will be hosting everything from […]

Headlines Current System Lets Well-Connected Break Law, Bitcoin Lets EveryoneOne of the most troubling aspects of the law in almost every country is the fact that it is rarely applied in a completely equal manner. In most cases, there is one set of laws for the politically well-connected, and another set of laws for the […]

Headlines Will Florida’s Money Laundering Laws Apply to Bitcoin?Lawyers of two men arrested for bitcoin transactions claim state legislation only applies to fiat, but are they right? MultiMiner, Mining Made EasyMultiMiner a mining program for Bitcoin and so many other coins. It is built as a GUI for BFGMiner. It’s creator Nate Woolls also is […]

Headlines Your Money and Japanese Law: Mt. Gox’ FutureThis story has been updated to reflect the possibility that all MtGox account holders are considered “unsecured creditors” whose rights may be altered under bankruptcy laws. Additionally, MtGox has already filed under the Civil Rehabilitation Law As you know, the bitcoins are gone and Mt. Gox has filed for […]