Month: April 2014

Headlines Why Banks Hate Bitcoin, What Banks Do And Why We No Longer Need ThemBanks have been a part of our society for so long that we have forgotten what exactly they do. We think of them as bastions of security and stability. They hate Bitcoin because of it’s inherent instability, right? Wrong. There is […]

Headlines BitX Targets Developing Countries With Global Expansion PlanThe exchange and wallet service aims to serve 12-plus countries initially with one recognizable brand. Shrem Pleads Not Guilty to Money Laundering ChargesThe trial of former Bitcoin Foundation vice chairman Charlie Shrem is now set to begin this September. How to Accept Bitcoin and Dogecoin? Maryland diner […]

Headlines Winklevoss Twins to Promote Bitcoin at South Korea Tech ConferenceThe Principles of Winklevoss Capital will participate on a bitcoin-specific panel in Seoul on 14th May. Bitcoin in Catwoman #30: A DiscussionDC Comics’ latest addition to the Catwoman series has Selina Kyle being dragged reluctantly back to her “Catwoman” persona (in a classic “and I was only […]

Headlines Alderney attempts set up of global bitcoin centreAlderney, everyone’s favourite channel island, is attempting to set itself up as a global centre for bitcoin, much like the Isle of Man.   Things, however, are not going as well as the island had initially hoped. Jane Wild, writing in this morning’s Financial Times, writes that, Alderney […]

Headlines A Simple Trick To Secure Your Face-to-face Bitcoin TradesFace-to-face trades, as frequently arranged via LocalBitcoins, are a popular way to swap Bitcoin for fiat or goods. As with online exchanges, the method has its attendant risks. Following some common sense guidelines is recommended, but the use of cryptographic contracts has the potential to further […]

Headlines Video: Roundup of This Week’s Bitcoin News 25th April 2014Bye-bye Gox and hello bitcoin debit cards! Catch this week’s digital currency news roundup to get up to speed. Tokyo District Court: Mt Gox Claims Will Not Be Investigated Until February 25th, 2015The Epic Fall of Mt Gox, which has been going on since months ago, […]

Headlines Silk Road Continues to Prove its Resilience[dropcap size=small]I[/dropcap]t seems like Silk Road is far more resilient than most people thought. Back in May 2013, Silk Road went down due to a sustained DDoS attack, but site admins were soon able to restore the service. Then in October 2013, the United States FBI shut down the illegal online […]

Headlines Vault of Satoshi Makes Cold Wallets Public[dropcap size=small]M[/dropcap]onday, the Canadian-based cryptocurrency exchange Vault of Satoshi, announced the launch of a public proof of solvency service. The company says it is the first to do so — outmaneuvering the third-party auditing efforts of rivaling exchanges. In essence, Vault of Satoshi is publishing their cold storage for the public to view. […]

Headlines MEVU’s Wearable Bitcoin Wallet Can Make Payments With a GestureA wearable technology startup has announced the first bitcoin wallet that tracks movement to make payments. Vault of Satoshi Announces Proof-of-Solvency ServiceNew cryptographic proof feature allows users to self-audit their accounts and prove the exchange holds full reserves. First Major Artwork Trading for 90,000 Bitcoins […]

Headlines Tutorial: How to create a sleek bitcoin paper walletBitcoin paper wallets are a great, simple, and secure method to store your precious bitcoins. While creating and using a paper wallet may be simple, much confusion still stands behind the how. Today I’m going to show you how to create a bitcoin paper wallet, and […]

Headlines The Completely Insane Saga of CoinBet.ccIt All Starts With One Man Meet Michael Katz. Katz is an American poker player from a small town in New Jersey. Throughout his career, Katz has won well over half a million dollars playing online poker. However, on 15 April 2011, the United States indicted three major online poker […]

Headlines Flappycoin Community In DisarrayFlappycoin, a commonly considered ‘crap-coin’, has seen increased community activity in the past few weeks. In the hopes that a planned rebirth can revive the unloved avian currency. The original developer left the coin early on. This was either as a short term personal gain had dried up or through lack […]

Headlines Former Neo & Bee Employees Release Damning StatementFormer employees of Neo & Bee have given their explanation on the demise of the Cyprus-based bitcoin company. Neo & Bee employees expose truth about Danny BrewsterIn the Neo & Bee story, we always heard the voices of Danny Brewster or the Cypriot police. What about the […]

Headlines Former US Consumer Finance Watchdog Voices Support for BitcoinA former US government consumer finance watchdog has come out in support of bitcoin. Blockchain Signs 5-Year Deal to Manage ‘Bitcoin.com’The company says it is positioning itself to build its profile in the bitcoin community and drive consumer adoption. LocalBitcoins Names Malware As Cause of Wallet […]

Headlines PulpSpot, a free speech media portal with Bitcoin integrationBitcoin, the revolutionary currency. It sounds nice and, for many Bitcoin fanatics, it is a means to a revolution. When we speak of modern day revolutions, social media are always lurking around the corner. They unite people with a common goal and are not always loved […]

Headlines PBOC Deadline Day: Business as Usual for BTC ChinaBTC China’s banking partners have not issued any instructions to halt deposits, says CEO Bobby Lee. ‘Emergency Hearing’ Could Lead to New Discoveries in Mt. Gox CaseAn emergency court hearing set for tomorrow could enable the prosecuting attorneys to obtain new fact-finding abilities. Bitcoin: Reality now […]

Headlines Block Chain Technology Offers New Crime-Fighting OptionsA new generation of services will utilize the unique properties of block-chain technology to provide scalable security. What Facebook’s Mobile Money Plans May Mean for BitcoinFacebook is reportedly exploring a money service that would allow its users exchange monetary value. Bitcoin Specie Coin: A Unique Bitcoin That Is […]

Headlines Reddcoin Launches Its Own Social Broadcast PlatformReddcoin has just launched its own social platform designed to amplify the voice of the community through a platform similar to thunderclap. The platform supports campaigns that are accepted by the developers. The campaign then can gain supporters; the supports give support from their Facebook account, Twitter account, […]

Headlines Wladimir van der Laan’s Top Four Priorities for BitcoinPrivate keys, the Bitcoin-Qt wallet and faster blockchain downloads are on the mind of Bitcoin’s incoming lead developer. UNstoppables Club accepts Bitcoin in the AntarcticAccepting Bitcoin seems a popular thing nowadays. While governments are busy trying to discourage people of interpreting the virtual money as a […]

Headlines Neo & Bee Buzz Is Gone: Cypriot Arrest Warrant Issued For Danny BrewsterClick For CCN’s Greek Article. According to Cyprus News site, Cyprus-Mail, Cypriot police have issued an arrest warrant for Danny Brewster, the CEO of Neo & Bee. Last week, CCN wrote about the insolvency of Neo & Bee midst the suspension of […]

Headlines What happens in Vegas can be paid for in Bitcoin – Bunnies Now Accepts BitcoinLas Vegas has been a hub of Bitcoin activity recently. With the Inside Bitcoin conference taking place there before heading to New York City, we’ve seen plenty of tech-savviness from ‘Gambling capitol of the World’ but what’s the latest you […]

Headlines BitAccess, CaVirtex to Speak Before Canadian Senate Committee TodayMembers of Canada’s bitcoin community will address a Senate committee today as part of its 18-month digital currency study. Noncetech Announces Official Miner Sales LaunchOn 3/29/14, I had posted an interview with Antti of Noncetech in which I asked pressing questions about their business, their miners, and […]

Headlines BTC Stolen From BTCJam In Ongoing Heist; Hacker Has Been Identified… Heartbleed Might Be InvolvedUpdate 10:44 (UTC-06:00): BTCJam releases statement as promised.   The Bitcoins have moved to 1687v9NexfUC6U6G1xBrEkLWYi3WSDn4qL and are being sent through Shared Coin into cold storage. BTCJam has gone offline for security updates with our servers. Email from BTCJam’s Alexis Ajono: “If you guys […]

Headlines Mark T Williams on the Flaws and Opportunities of BitcoinCoinDesk dines with the king of bitcoin bashing, risk management expert Mark T. Williams, and finds him … reasonable. How The BitWasp Project Could Add Major Value To BitcoinBitcoin price now languishes in the doldrums, the winds of favourable fortune having departed. But the wind […]

Headlines Tax to the Future, Tip-top Tiny Top-ups, and a Free Gift for BitcoinersThis week John Law gives the taxman some ideas, makes micropayments, and gives you bitcoin without the hassle, almost. The CoinDesk Mining Roundup: Solar-Powered Mining, DVR Malware and the ‘Bitcoin Baron’The mining world has ongoing profitability issues because of bitcoin’s price drop […]

Headlines Bitcoin value: A conduit for changeDuring the year 2006, complex derivatives that held units secured on American sub-prime property, began to drop in value on rumors of instability; by 2008, the World was well into a major monetary meltdown. People lost in volatile derivatives, in equities as well as in property; confidence in fiat […]

Headlines Congressman Schweikert: Is Bitcoin Threat to US Dollar?In a recent exchange at a meeting for the Committee on Small Business, Congressman David Schweikert decided to ask the panel of distinguished guests about the possibility of Bitcoin as a long term threat to the US dollar. Although he admitted that this is nothing to worry […]

Headlines Sacramento Kings NBA Franchise Launches Bitcoin-Only Online StoreThe Sacramento Kings launched a bitcoin-only online store on 3rd April with the help of BitDazzle. Libra Promises Bitcoin Tax Service to Ease Compliance With IRS GuidanceLibra will soon have a solution that simplifies reporting bitcoin capital gains on your tax reports. LA’s First Dogecoin Party Promises […]

Headlines Neo & Bee CEO Moves to Reassure Investors Following Insolvency ConfusionCEO Danny Brewster has fired back at critics and outlined plans to sell equity and find a new CEO. University Of Nicosia’s MSc In Digital Currency Begins On May 15th With Free MOOC CourseSince announcing their Digital Currency Initiative in 2013, the University of […]

Headlines Coinbase Denies Reports of Data Breach, Addresses Security ConcernsCoinbase has responded to allegations that its service has a flaw that leaves users open to fraud and spam. Now You Can Buy One of The Most Advanced Guns and Scopes With Bitcoin From TrackingPointRecently gun manufacturer, TrackingPoint announced that you can purchase their SmartScope rifles […]