Month: August 2014

Headlines All Things Alt: Dogecoin’s Future Prep, Strange Gold Pegs and a Friendly ScamAs dogecoin prepares to switch to auxiliary proof-of-stake, the urocoin project unveils an exchange system focused on emerging markets. 3 Forces Shaping Next-Generation Bitcoin ExchangesRecent bitcoin exchange funding deals reflect potential trends in that growing market. The Short-Term View on Bitcoin RemittancesIf […]

Headlines Charlie Shrem Hopes to Walk Free After Guilty Plea DealBitcoin entrepreneur Charlie Shrem hopes for freedom with a guilty plea for the lesser charge of unlicensed money transmission. Bitcoin’s Future: Proof-of-stake vs Proof-of-workIt’s no secret that merchants who immediately sell their Bitcoin for fiat currency create downward pressure on the Bitcoin price, but the […]

Headlines DigitalBTC Reports $4 Million Revenue in Preliminary Annual ResultsDigitalBTC has released the first set of financial results for a publicly listed bitcoin company, reporting US$4m revenue. Librexcoin Massive Decline – 35% Gone in One Day, Panic?Librexcoin has been one of the most traded altcoins today, and it’s not because its surging upwards. It has […]

Headlines Canadian University Bitcoin Donations Ease Pain of Human TraffickingSimon Fraser University (SFU) is now the first Canadian university to accept Bitcoin donations. The donations will go toward an SFU co-op project in India called Destiny Reflection. The project works to empower girls who are victims of human trafficking or happen to be vulnerable to […]

Headlines Bitcoin Price Analysis – Hints of a New Uptrend Still DubiousBitcoin price analysis provides some evidence that a new uptrend may be in effect. However, recent price action does not show the impulsive surge that normally follows a trend change. The analysis below lays out the evidence on the chart and forecasts the likely […]

Headlines Mark Karpeles Responds to CriticsThe Bitcoin community was in uproar recently after news emerged that Mark Karpeles, the ex – CEO of the now defunct MT Gox, once the largest Bitcoin exchange which allegedly “lost” 850,000 bitcoins to then find 200,000 bitcoins, had started a new hosting company, Forever.net. [divider]CCN[/divider] In an exclusive interview with […]

Headlines Mycelium Successfully Funds USB Bitcoin Wallet Device, Entropy, With IndiegogoEarlier today, Mycelium’s Dmitry Murashchik, known as ‘Rassah,’ posted to the Bitcoin subreddit to thank the community for their involvement in successfully crowdfunding the first ever Bitcoin Paper Wallet USB Device.  Over the course of the fundraiser, Mycelium raised a total of $31,271 USDfor their […]

Headlines Bitcoin Value Exhibits Volatility, Like Other CurrenciesThe Bitcoin price, or to be more precise, the value of Bitcoin in relation to a particular fiat currency, has recently been falling. This may not necessarily be a bad thing. For too long, the ability of Bitcoin to function as a currency, has been somewhat restricted by tales […]

Headlines Can the Bitcoin Market Sustain so Many Altcoins?Altcoins have been around for longer than you’d think, but it wasn’t until Bitcoin started making the news, and the price skyrocketed for anyone to start seriously considering altcoins. Litecoin took second place and has often been referred to as the silver to Bitcoin. Altcoins are created […]

Headlines Bitcoin’s Popularity Boosts Phishing Scam SuccessPhishing scams using bitcoin as cover are the latest indicator of the digital currency’s popularity. OKCoin Passes Bitcoin Proof of Reserves AuditOKCoin has passed a Proof of Solvency/Proof of Reserves audit conducted by Stefan Thomas. The audit was announced on Weibo yesterday. Fellow Chinese Bitcoin exchanges, Huobi and BTC […]

Headlines FireEye Founder: Bitcoin Could Secure Our Global Payments InfrastructureIn a new interview, PeerNova investor and FireEye founder Ashar Aziz discusses bitcoin, cryptography and digital infrastructure. QwikBit Launches Isle of Man’s First Bitcoin ATMIsle of Man Bitcoin ATM operator QwikBit will launch its first Lamassu machine at an event later today. Bitcoin Wallet Security Best […]

Headlines LakeBTC Exchange Launches Browser-based Bitcoin Trading AppShanghai-based cryptocurrency exchange LakeBTC has launched a new HTML5-based trading tool dubbed LakeTrader. Australian Bitcoin Industry Reacts to Tax ProposalsThe Australian Tax Office has issued guidelines on how it will tax bitcoin, displeasing some in the local industry. Delaware Legislates on Inheritance of Digital AssetsDelaware has enacted a […]

Headlines Industry Chief: Payments Firms Warming to Bitcoin PartnershipsCoinDesk speaks to Electronic Transactions Association CEO Jason Oxman about bitcoin’s future in payments and New York’s BitLicense regulation. Bitcoin Chart Analysis – The End of TrendBitcoin Price is in the last leg of decline since the early-June high near $680. This downtrend, although relentless, is neither […]

Headlines CFPB Warning Ignores Bitcoin’s Consumer ProtectionsThe leading consumer financial watchdog agency in the US lists bitcoin’s risks, but ignores its many superior protections. Academics Call for Revisions to New York’s BitLicense ProposalTwo research fellows from George Mason University have suggested changes be made to the current BitLicense proposal. Russian Tech Magnate’s First Bitcoin Project […]

Headlines Wallet Service Integrates Bitcoin Payments with Social NetworkingA new wallet service called ‘Ninki’ aims to be a social network for payments and streamline bitcoin payments. USDcoin May Become Reality, Says Cryptolina Bitcoin Regulation PanelThis weekend’s Cryptolina Bitcoin Expo sought to be the Carolinas’ “defining Bitcoin event.” The expo featured a diversity of presentations, which […]

Headlines Europe Inches Towards a Decision on Bitcoin VATEurope is mulling a decision on cryptocurrency VAT, but it’s a small part of a much bigger puzzle. Storj Head Dev Shawn Wilkinson Hosts Q&AThe founder and head developer of Storj, Shawn Wilkinson, is one of those admirable individuals leading the charge of decentralization with their chosen […]

Headlines Fifty Million Stolen NXT Ransomed by Hacker to BTER ExchangeUpdate: NXT developers announced to CCN that there would be no rollback. To view the announcement, visit our article here. This morning, around 50 million NXT was stolen from the popular cryptocurrency exchange BTER. The number is outstanding, as the amount stolen is near five […]

Headlines Dogecoin Community Burning Currency for DogepartyWhat is a Dogeparty? At the end of 2014, there will be 100 billion Dogecoins in existence. Anybody in digital currency knows that’s an unprecedented amount of coins. To put that number into perspective, there are only 13 million bitcoins in circulation at the moment. The staggering amount of […]

Headlines CAVIRTEX Brings Bitcoin ATMs to Canada’s Malls and Tourist SpotsCAVIRTEX has announced a new partnership with Gateway Newsstands to bring 10 bitcoin ATMs to Canada. P2P Bitcoin Lending Platform Bitbond Receives €200,000 Seed FundingPeer-to-peer bitcoin lending company Bitbond has secured €200,000 in seed money in a round led by Point Nine Capital. US CFPB: […]

Headlines Viacoin Team Implements Smart Contract Protocol Built on Altcoin Block ChainThe ClearingHouse smart contract protocol is now live and available through a new Web client. Bitcoin Lender BTCJam Reports No Customer Funds Lost in HackP2P bitcoin lending startup BTCJam has said no funds were lost after a security breach at its mail provider. Reviewed: […]

Headlines Cryptocurrency and the Network Marketing IndustryNetwork marketing companies come and go, but in the age of the cryptocurrencies what kind of impact will they have and how will they change the industry? Currently there are very few cryptocoins focused on these possibilities. This article  will examine each cryptocurrency exploring this category and what each brings to […]

Headlines Bitcoin Mining for Beginners Part I – Cloud MiningUpdate: There is talk of TimeToBit being a possible scam in this BitcoinTalk thread. Several people have reported the payouts have stopped, and my payouts have been put on pending too for days now. I keep this article updated with more information. In an experimental mood […]

Headlines Bitcoin Growing Rapidly in Emerging MarketsMin-Si Wang is reporting on the growth of momentum in Bitcoin use within emergent markets. While the level of Bitcoin adoption has slowed somewhat within the developed world, it has gained significant momentum within developing countries. While the currency can be somewhat volatile in nature, particularly as an investment asset, […]

Headlines Andorran Digital Currency Summit Will ‘Unite World’s Financial Elite’The Digital Currency Summit plans to unite the world’s investors, lawyers, politicians and bankers for a primer on cryptocurrencies. Interview with Dogie, Master Miner and Trusted Tester For All ManufacturersDogie is the preeminent master miner. Manufacturers of crypto currency mining equipment send him their units for […]

Headlines The City of London: Driving Bitcoin Forward?Harriet Dennys, writing in The Telegraph during the Summer, revealed that London has now overtaken New York and Beijing as the global financial center with the most “economic clout,” according to a PwC study tracking the development of the world’s 30 leading cities. London achieved the number one […]

Headlines Mining Community And CryptoCause Come Together To Help A Fellow MinerThis week the mining community responded with a plea for help from a fellow miner. ‘Dr Paul’ as he goes by in the HashTalk forums, has a very serious heart condition and requires an electric golf cart so that he can travel to his […]

Headlines Take Bitcoin Price Predictions with a Grain of SaltBitcoin price predictions are a staple topic of discussion in the cryptocurrency community. However, it is important to remember that although speculating about the Bitcoin price is fun, it is far from an exact science. [divider]CCN[/divider] Bitcoin Price Predictions Bitcoin price predictions are immensely popular. A quick […]

Headlines Printing Fiat Money: Australian allegations of worldwide briberyAn Australian court has issued a gagging order in an attempt to block the reporting of “massive” allegations of bribery involving several international political leaders. A redacted copy of the order can be found here. Robert Booth and Rob Evans writing in The Guardian explain how an […]

Headlines Top 10 Awesome facts about BitcoinHere are ten awesome Bitcoin facts, success or disasters that you may not be aware of, enjoy! Bitcoin Studies You suddenly wish you could go back to university, but you only have bitcoins left because of your forward-thinking state of mind? Do not panic: you are now able to […]

Headlines Can Bitcoin Deliver on its Promise to the World’s Unbanked?Bitcoin offers financial services for underserved populations, but hurdles still remain before its potential can be realised. Bitcoin in the Philippines, By the NumbersWith millions unbanked in the Philippines, and remittances booming, the bitcoin solution practically writes itself, says Luis Buenaventura. SyncCoin – The coin […]

Headlines Bitcoin ASIC Miner Company Rockminer and Its Community SuccessRockminer is a community success story in the manufacturing area of Bitcoin ASIC miners. I had recently reviewed the R-Box ASIC miners from Rockminer and not only did I like the miner, I found that the community supports them robustly. With Rockminer being a new manufacturer, the risks […]