Month: March 2015

Headlines Bitcoin Event: State of Digital Money Conference to be Held in LA in AprilThis April, the city of Los Angeles will host the State of Digital Money conference. The conference which will take place on the 18th of April is designed to shape “a future vision” of digital currency, as seen by the leaders […]

Headlines Financial Watchdog Rethinks AML Guidance for Banks and BitcoinThe Financial Action Task Force (FATF) has taken note of the issues hindering partnerships between bitcoin businesses and banks. Bitcoins in Space: BitSat to Protect Bitcoin’s Future in OrbitOne of the biggest misconceptions is Bitcoin is somehow not secure. Critics will point out that exchange failures […]

Headlines Why Bitcoin Regulation Will Never Help ConsumersAs I expressed in yesterday’s Part 1 of this article, called “Can Bitcoin Exchange Risk Lead to Bitcoin Regulation?“, Bitcoin is far from perfect, and the Bitcoin exchanges are a primary concern right now. Over the last year, they have generated nothing but negative press for getting hacked, […]

Headlines Bitnet Partners With Cardinal CommerceSan Francisco-based Bitcoin payment processor Bitnet has announced a strategic partnership with major payment processor Cardinal Commerce, a firm which presently handles payment processing for a number of major firms including one of the world’s largest PC manufacturers, Lenovo. So as not to confuse the reader, this does not automatically […]

Headlines Spare Change-to-Bitcoin Service Lawnmower Aims for Main Street Investor AppealLawnmower has opened its spare change-to-bitcoin service in beta, in what it hopes will be a product that successfully entices novice investors. British Banking Association: Bitcoin is a Real Threat to BanksAs cryptocurrencies grow in popularity, they will continue to threaten revenue streams of the […]

Headlines Swedish Bitcoin Firm Enters Court Battle to Protect Customer DataA Swedish bitcoin brokerage has gone to court with the country’s tax authority to prevent an audit of its customer information. CISCO Discovers “PoSeidon” POS MalwareResearchers at Cisco’s Talos Security Intelligence and Research Group have discovered a dangerous, new form of point-of-sale (POS) malware dubbed […]

Headlines Hong Kong Official: Bitcoin Legislation Not NecessaryA senior Hong Kong official has said that the government does not see a need for legislation that would regulate bitcoin. LEOcoin Claims to be the Second Largest Digital Currency, after Bitcoin. Bullshit.LEOcoin is a good example of what a pump & dump coin looks like, user beware. LEOcoin […]

Headlines US School District Paralyzed By 500 BTC Ransomware AttackA bitcoin ransomware attack on a New Jersey school district has grown into a investigation involving multiple federal agencies. Another Air-Gap Bridge Discovered, Using HeatA fairly common set up for air-gap security, the set up which cuts a system off from all networking on a permanent […]

Headlines China App Store Bans Wiper Messaging After It Adds Bitcoin FunctionalityChina’s App Store has banned Wiper, the mobile messaging service that allows users to delete messages, after it added the ability to send bitcoin. Wiper announced its bitcoin functionality slightly more than a month ago. “We were removed from the iOS online app store […]

Headlines Can Bitcoin’s Reputation be Saved?Bitcoin’s reputation, it’s brand, is approaching crisis mode. People keep asking me “When will Bitcoin go mainstream?” or “Why hasn’t the world jumped on Bitcoin yet?” There are a lot of issues holding Bitcoin back, from the general complexity of the technology, and it’s use, to the questions about it’s […]

Headlines Department of Justice Abandoning Hacking Charges Against NOAA EmployeeLast October, Sherry Chen was brought up on very serious hacking charges. The government alleged that in 2012, Chen had illegally accessed data from the National Inventory of Dams. The NID is an Army Corps of Engineers database which records information about the structural integrity, as […]

Headlines BTCJam Now Uses Credit Scores to Set Borrowers’ Interest RatesBitcoin peer-to-peer lending network BTCJam has implemented a risk-based pricing model, changing the way it sets borrowing interest rates in an attempt to improve users’ security. The model, widely used by lenders in the mortgage and financial services industries, sets the borrower’s interest rate based upon […]

Headlines Bitreserve Launches Changemoney.org, a Real-Time View Of Bitcoin ActivityBitreserve, a money service built on bitcoin that allows people to hold bitcoin as real-world, stable currency and send money and convert currencies without using a bank, has launched a new website today called Changemoney.org. The new website provides a real-time view of how much Bitreserve […]

Headlines Apple Suspends Bitcoin Game SaruTobi from iOS StoreSaruTobi creator Christian Moss has confirmed that the iOS game has been temporarily removed from Apple’s App store. Yahoo Demos Password-Free Logins and End-To-Encrypted EmailIt’s no secret that governments around the world are doing their best to snoop on civilian communications. Intelligence organisations like the NSA and […]

Headlines 20,000 Customers Affected as Bter Scrambles to Refund Stolen BitcoinIt has been a difficult month for Bitcoin exchange Bter. On February 14th, 2015, 7,170 BTC was stolen from the exchange. The company launched efforts to trace the stolen bitcoins which led them to the mixing service known as Bitcoin Fog. In an exclusive interview […]

Headlines Australian Authorities Selling Seized BitcoinsA lot of attention has been focused on the trial of Ross Ulbricht and the subsequent US Marshalls auction of some 700,000 Bitcoins found in the man’s possession, but Ulbricht is not the only person connected with the dark web marketplace who’s gotten in trouble. Also read: US Marshals Conclude […]

Headlines Bitcoin Trading Advisory: Which Currency Pair Should I Trade?Today’s article features a Bitcoin trading advisory published at xbt.social. The currency pair you trade (BTC/USD, BTC/CNY, etc) does not need to be a habit or a consequence of nationality, but a decision you review at least once a year. Bitcoin makes it easy to change […]

Headlines Bitcoin Progress Report: Bitcoin and The Middle EastBitcoin has been making steady progress throughout the West and Europe. It has made a stunningly fast impact on China, at least as a commodity investment if not yet in the retail sector. Australia has also been eager to join the digital party. Africa is starting to […]

Headlines IBM and Federal Reserve Want to Create a Bitcoin Knock-OffIt was only a matter of time. The ultra-advanced, superior technology of the digital currency Bitcoin and it’s Blockchain public ledger system are in danger of being co-opted. The tacit compliments of the financial establishment for the Bitcoin Blockchain, not Bitcoin the currency, over the […]

Headlines Bitcoin Boosts Business at Las Vegas CasinosBitcoin is gaining traction as a payment option for low-cost items at a popular Las Vegas casino. Bitcoin Developer Taking Hits: Shedding Light on the Luke-Jr ControversyFor the third time, open source developer, creator of BFGMiner, and founder of the Eligius mining pool, Luke-Jr, has been publicly attacked […]

Headlines Bitcoin Trading: The Assault on $300 ContinuesBitcoin trading has the price chart making higher lows just below $300. The development of price action in this chart area is favorable, and we should soon see another attempt on $300 and 1850 CNY. This analysis is provided by xbt.social with a 3 hour delay. Read the […]

Headlines Bitcoin Startup 21 Announces $116 Million All-Star BackingStealth bitcoin startup 21 Inc, formerly 21e6, has announced new information about its funding history, staff members and investors. UK Politician Exceeds Cryptocurrency Crowdfunding Target by 50%Gulnar Hasnain, Green Party candidate for the London constituency of Vauxhall, has raised £1,500 through a cryptocurrency crowdfunding campaign. Three Unnamed […]

Headlines Bitcoin Price Advancing to $300Bitcoin price is advancing after crossing above another longterm trendline drawn from the November 2013 all-time high. A bumpy ascent looks set to continue as price struggles through layers of divergence and resistance toward $300 / 1870 CNY. This analysis is provided by xbt.social with a 3 hour delay. Read […]

Headlines British Lizard Squad Suspect Arrested Among 56 HackersThose pesky lizards who thought they were untouchable? Well, for the second time, British law enforcement has arrested one of them. Or so they suspect. Why Bitcoin Regulation Lags Where it’s Needed MostAfrica has significant market potential for bitcoin companies, but its challenging regulatory environment is deterring […]

Headlines Bitcoin Trading Sideways Below Strong Chart ResistanceBitcoin Trading has price moving sideways as both bulls and bears consolidate for the inevitable move into strong overhead chart resistance. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Trading and Price Analysis Time of analysis: 16h46 UTC BTC-China […]

Headlines Former GAW Manager: $8 Million ZenMiner Investment ‘A Total Lie’A former GAW Miners executive has claimed that a previously announced $8m investment in the cloud mining firm ZenMiner never took place. Bitcoin in the Headlines: The ‘Battle’ ContinuesCoinDesk takes a look at this weeks bitcoin headlines from all over the world. Top Japanese Investor: […]

Headlines Bitcoin Shop Builds Universal Digital Currency Ecosystem On Several FrontsBitcoin Shop, Inc. (BTCS) recently completed several steps in its goal of establishing a universal digital currency ecosystem. The Arlington, Va.-based company anticipates having its new transaction verification services facility online in one to four weeks, according to CEO Charles Allen. The company has acquired […]

Headlines Former Netscape Director Launches Bitcoin Remittance App AbraBill Barhydt, the entrepreneur and former Netscape director who gave the first-ever TED Talk on bitcoin, has debuted a bitcoin venture called Abra. New Bitcoin Derivatives Brokerage Launched by Ex-Goldman Sachs DirectorBitcoin brokerage Crypto Facilities announced the launch of a bitcoin derivatives trading platform found at cryptofacilities.com. […]

Headlines Bitcoin Foundation to Host Upcoming DevCore LondonDevCore London, the second in The Bitcoin Foundation’s new series of workshops for developers, has been set for April 15th. Hosted at Dexter House inside the Royal Mint building in London, Devcore will bring together all individuals interested in improving their Bitcoin technical expertise in support of the […]

Headlines Alien Invasion iOS Game Lets Users Earn Bitcoin for App ReferralsA new iOS app allows users to help save mankind from a “reptilian alien invasion” and earn bitcoins in the process. Failing Wars of Dollars; The Bitcoin Price to ComeIn the beginning, there was Fiat, and Fiat was government. Through fiat, all things are […]

Headlines Augur Bets on Bright Future for Blockchain Prediction MarketsCan the blockchain be used to build the first unstoppable prediction market? The six-person team behind Augur are betting the answer is ‘yes’. 50,000 DRIVERS COMPROMISED BY UBER DATA BREACHRidesharing service Uber recently issued a statement confirming a breach in one of the company’s databases, affecting […]