Month: May 2014

Headlines Mark T. Williams to Bitcoin Bulls: Time Will Vindicate My PredictionMark T. Williams revisits his infamous prediction that BTC would fall to $10 by mid-2014. Why Professional Audits are Essential in a Post-Gox WorldBitcoin needs an institution-based auditing strategy that does more than simply check exchange funds. Goxxed For The Last Time, A Fall […]

Headlines Bitcoin Price Crosses $600, Rising 34% in One MonthThe price has increased 34.5% from this time last month, when the CoinDesk BPI closed at $445.87. Over 20,000 Students Receive Bitcoin in Coinbase GiveawayCoinBase claims to have already distributed free bitcoin to over 20,000 students, as part of its college giveaway. All Things Alt: Darkcoin […]

Headlines Coinzone Seeks Early Advantage in Europe’s Bitcoin Merchant MarketCoinzone is now beta testing its forthcoming merchant POS and online checkout solution. 7 Things Every Misinformed Person Says About BitcoinBitcoin enthusiasts have all heard strange and inaccurate phrases from their loved ones, see which ones topped our list. Argentina’s Central Bank Issues Warning to Burgeoning […]

Headlines Facebook’s Ben Davenport Leaves for Bitcoin Startup BitGoThe software engineer and bitcoin angel investor is joining BitGo – a provider of multi-signature wallets. Darkcoin Price in Turmoil Following Emergency Fork, Network IssuesAfter passing litecoin prices last week, darkcoin prices have fallen below $10 amid growing pains with its nascent network. Mt. Gox Bankruptcy Saga […]

Headlines Bitcoin Price Increase Slows to a HaltThe Bitcoin price, which saw a 32% increase in value from May 20th to May 26, has slowed to a halt. On May 20th one Bitcoin was worth $444, and on May 26th one was worth $587. This volatility has not been uncommon in Bitcoin’s history; Bitcoin has […]

Headlines Feature Film Funded by Bitcoin – Aimy in a CageAimy in a Cage is a feature film that is entirely funded by Bitcoin. Hooroo Jackson, the man who wrote the original book and the script, is directing and producing this film and was an early adopter of Bitcoin. In this r/Bitcoin post, he lightly […]

Headlines Bitcoin News in Review: HKCEx, Coinotron, Darkcoin, and MoreIt’s Sunday again, which means it’s time for another Bitcoin News in Review, where we look back at our biggest stories here on CCN. This week, (18 May – 25 May), was quite eventful, so we’ve got a lot to cover on this News in Review. We […]

Headlines Bitcoin Society CEO: Why Digital Currency is a Tool for Global GoodMatthew Kenahan tells CoinDesk about the charitable side of bitcoin and its need for a more positive image. Darkcoin Price Skyrockets on Eve of Masternode LaunchDespite government fear-mongering about Bitcoin’s anonymity, anyone with the time and resources can follow Bitcoin transactions through the […]

Headlines All Things Alt: Vertcoin Gets Hot, a Bitcoin-Backed Coin and a Crypto ConfessionA hot sauce maker has a new altcoin product while a new coin seeks to absolve your sins. CryptoCoinsNews Celebrates Bitcoin Pizza DayThursday marked the four year anniversary of the initial Bitcoin Pizza Day. You can read about it here at our […]

Headlines Forbes’ Kashmir Hill on What Bitcoin Must Do to Go MainstreamThe writer, who spent a week with bitcoin as her sole means of payment, tells CoinDesk about the experience. Bitcoin Buoyant as Price Surges Past $500Renewed optimism as the bitcoin price passes $500 for the first time in weeks. Estonian Bitcoin Week a Success […]

Headlines Budweiser, Coinbase Partner to Give Free Bitcoin to Concert AttendeesCoinbase is continuing to court the college crowd with its latest bitcoin giveaway program. Litecoin Miners Urged to Leave Coinotron Pool Over 51% ThreatLitecoin miners are being urged to leave the Coinotron pool, due to an increase in its hash rate. Circle Addresses Monetization Question, […]

Headlines Thai Bitcoin Exchange Reopens with Enhanced ServicesAfter a period of regulatory uncertainty, Bitcoin.co.th has relaunched as a full exchange. Dutch Artist Earns €10,000 in BTC During Bitcoin2014 ConferenceA Dutch artist sold a painting for 10,000 euros-worth of bitcoin at a gallery in Amsterdam during Bitcoin2014. Jay-Z has 99 Problems and Bitcoin Aint One! The […]

Headlines Federal Reserve: Bitcoin Potential ‘Boon’ for Global CommerceNew US central bank meeting minutes detail a lengthy discussion about bitcoin and its disruptive power. Dutch Court Declares Bitcoin Isn’t Money in Civil TrialThe judgement stemmed from a lawsuit over 1,760 BTC that was never delivered to the buyer. Josh Wise and the Dogecar Finish 15th […]

Headlines Battle of the Explainer Videos: Who Tells Bitcoin’s Story Best?Creating a video that explains bitcoin is difficult. Many have tried, some with more success than others. Bitcoin’s Youngest Entrepreneurs and EducatorsMeet the enterprising youngsters who have already discovered bitcoin and are making excellent pocket money with it. Bitcoin News in Review: Mining Scams, Bitcoin […]

Headlines Josh Wise Wins Sprint All-Star Fan VoteJosh Wise, driver of the Dogecar, won the Sprint Fan Vote. The results were announced following the Sprint Showdown tonight. The win, as expected, has brought a ton of excitement to the Dogecoin community on reddit. Fans have been encouraging each other to vote, and the majority of […]

Headlines Circle Reveals The First Worldwide Bitcoin Bank; Offers $10 In Bitcoin To All New CustomersFor many months now, Bitcoiners have been wondering exactly what services Circle would offer to the fledging Digital Currency community.  Since 2013, Circle has been notoriously tight-lipped on the specifics of its operation.  Some in the community even went as […]

Headlines Coinkite Taps Bitcoin Developer Peter Todd For Advisory RoleTodd will serve as an advisor to Coinkite as the company expands and evolves its business model. India’s New Bitcoin Exchange BTCXIndia is First with Real Time TradingSecurity and legal compliance are high on the agenda for BTCXIndia after government uncertainty affected other Indian exchanges. We […]

Headlines BREAKING: Facebook Virus Mining Bitcoin Discovered in NorwayA Facebook virus that mines Bitcoin has been discovered in Norway and is spreading rapidly across the globe. Experts call it a Norwegian phenomenon. The Facebook Virus is taking form as a Facebook direct message. If you have received a direct message on Facebook that looks like […]

Headlines Bank of Canada: Bitcoin Adoption Could Destabilize Global FinanceA new report from Bank of Canada takes a critical view of how bitcoin adoption could affect global commerce. Dogecoin Price not Affected by TalladegaLast Sunday, May 4th, Josh Wise came in 20th at the Aaron’s 499 race in Talladega. Wise drove the Dogecar, which was […]

Headlines Why the ATM Industry Could Launch Bitcoin into the MainstreamTraditional ATM networks may be poised to adopt bitcoin, which would remove significant hurdles for the cryptocurrency. ATM Maker Diamond Circle to Launch Bitcoin Debit CardThe company has announced it will launch the card this week at the 2014 Bitcoin Conference in Amsterdam. Bitcoin Chart […]

Headlines Bitcoin News in Review: BitID, FEC Donations, Transaction Volume Decline, and MoreHappy Mother’s Day, and welcome to another Bitcoin News in Review (formerly known as CCN Week in Review)! This week on CCN, we learned about BitID’s secure Bitcoin authentication protocol, that the FEC unanimously voted to allow bitcoin donations to PACs, that the bitcoin […]

Headlines $46k Spent on Mining Hardware: What Happened Next?Dario Di Pardo previously reported on his investments in mining equipment. So how has he fared since? A Network Analyst’s View of the Block ChainAnalysing the block chain’s network structure can help us grasp bitcoin’s usage patterns, economy and growth. Western Union Granted Patent on a Virtual […]

Headlines HashFast Cuts 50% of Staff, Denies Bankruptcy RumorsHashFast Technologies has announced that it has laid off 50% of its current staff. PRISMicide Could Be the Secure Mobile Bitcoin Wallet of the FutureOne of the key ingredients missing from Bitcoin right now is a way to store bitcoins that is both secure and convenient. Although […]

Headlines itBit Hires Ex-PayPal Manager and SecondMarket AnalystThe Singapore exchange’s new staff bring experience from PayPal and SecondMarket respectively. FEC Approves Bitcoin In-Kind Donations for US Political CampaignsThe US Federal Election Commission has determined that bitcoin donations may be treated as in-kind political contributions. Dutch Central Bank: Bitcoin ‘No Viable Alternative’ to Fiat CurrencyDe Nederlandsche […]

Headlines Coinbase Boosts Team with Acquisition of Kippt DevelopersCoinbase has acquired the team behind Kippt and Inc, headed by Jori Lallo and Karri Saarinen. An Interview with the Developer of PiggyCoinPiggyCoin has attracted a great deal of attention recently with the aim of “providing your children with the opportunity to learn about the emerging world […]

Headlines Chinese Exchange Huobi Considers Future As Bitcoin MarketplaceIn a new interview, Huobi co-founder Jun Du talks about the exchange’s possible strategies to combat PBOC pressure. How Bitcoin is Thriving in Argentina’s Black Market EconomyArgentinian currency restrictions created a busy black market for US dollars, and now bitcoin is on the rise too. China And […]

Headlines Department of Defense to Investigate Bitcoin’s Terrorism PotentialBitcoin is one of various modern technologies the DoD is studying over potential security and terrorism threats. Moolah Publishes Dogecoin Customer Funds Audit Amid USD Deposit FreezeDigital currency exchange Moolah released a preliminary audit today in response to calls for added transparency. Bitcoin Price Decline Targets Below […]

Headlines Bitcoin Regulation Roundup: Booze Ban, Les Taxes and Bank MusingsJason Tyra examines the most significant bitcoin news from the world’s regulators and law courts. Bitcoin News in Review: Bitcoin Price, Sean’s Outpost, Operation Choke Point, and MoreWelcome to another Bitcoin News in Review, where we feature our top Bitcoin and cryptocurrency stories of the […]

Headlines New SMS Bitcoin Service Aims at Emerging MarketsSingapore’s CoinPip is partnering with a US startup to launch a low-tech solution to send bitcoins via SMS. 10 Celebrities Investing in, Using and Talking About BitcoinHere are 10 entertainment and sports stars giving bitcoin their nods of confidence. An Inside Look at ProtonMail: End-to-End Encrypted EmailBitcoin […]

Headlines Andreas Antonopoulos Proposes Campaign to Highlight Yelp’s Bitcoin MerchantsThe proposal calls for the creation of new stickers that display both Yelp and bitcoin branding. Buying Beer With Bitcoin is Legal in California, Official SaysThe California Department of Alcoholic Beverage Control has indicated bitcoin can be used in liquor sales. Fargo 3D Printing Marks Bitcoin […]

Headlines The DOJ’s “Operation Choke Point” Has Driven 30 Industries To BitcoinYou may have heard of Operation Choke Point over the last year in reference to payday lending, and more recently in reference to firearm sales and porn star personal accounts.  The gist of it is this: The Department of Justice (DOJ) is strongly encouraging banks and […]