Bitcoin Latest News
This is the feature article for Issue 20. Explaining Bitcoin to a luddite is like explaining the plot of an action-drama movie. Failing exchanges! “Overnight” millionaires! Bank robberies! Drug-busts! World-changing innovation! Government espionage and fortunes made and lost! One of the most interesting aspects is the superhero-like protagonist: our system’s very anonymous creator, Satoshi Nakamoto. #themanbehindbitcoin Satoshi Nakamoto is thought to be a pseudonym for the unknown “Father of Bitcoin”; in Japanese, Satoshi Nakamoto roughly translates to “thinking clearly inside the foundation.”1 For the purpose of this article, Satoshi will be referred to as a male. His preference for privacy is his hallmark. He used e-mail addresses and web-sites that were untraceable. In 2009, he produced his famous white paper […]
The post #wearesatoshi appeared first on Bitcoin Magazine.
Posted on 30 July 2014 | 6:17 am
Dogecoin, born in jest, is now serious business. A major payment processor already supports Dogecoin payments. This has opened up the coin to a huge selection of international merchants. One such merchant is Hustler Magazine, which recently confirmed it would start accepting payments in Dogecoin. Dogecoin is also being embraced by new exchanges, including those in the lucrative Chinese market. Most importantly, the community seems as vibrant and passionate as ever. This is important. However, it matters little if there is no one maintaining the protocol and ensuring both the integrity and security of the network. Fortunately for Dogecoin the core development team is equally as passionate. They are increasingly becoming recognised as one of the most active and productive […]
The post Dogecoin Core Development Interview appeared first on Bitcoin Magazine.
Posted on 30 July 2014 | 6:07 am
CoinSafe says its new software allows businesses to trade bitcoins directly with walk-in customers.
Posted on 30 July 2014 | 5:19 am
Posted on 30 July 2014 | 4:37 am
Bitcoin Tax-Free Transactions Face Test at Top EU CourtBloomberg
The case may help clarify powers of tax authorities over bitcoin
as central bankers who regulate supplies of traditional currencies from the euro to the pound grapple with its emergence as an alternative means of payment. Banks shouldn't buy, hold or ...and more »
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Posted on 29 July 2014 | 8:08 pm
A New Zealand bitcoin ATM operator is the latest to fall victim to the banking industry's digital currency barriers.
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In a new interview with CoinDesk, US Representative Steve Stockman explores the complex regulatory challenges facing bitcoin today.
Posted on 29 July 2014 | 4:07 pm
ZipZap has raised $1.1m in new funding with the goal of becoming the leading payment network for digital currencies.
Posted on 29 July 2014 | 3:20 pm
Posted on 29 July 2014 | 2:32 pm
A franchisee for the popular European hotel chain is now taking payments in digital currency.
Posted on 29 July 2014 | 1:15 pm
Manchester mining outfit Alpha Technology has missed its July delivery target, citing technical problems and a dispute with PayPal.
Posted on 29 July 2014 | 11:55 am
What do you do with bitcoin? Why, you spend it of course! Or more precisely you pay for something or some service using it. The specific process to pay using bitcoin is called the Bitcoin Payment Protocol and it is codified in a document called BIP70. A BIP is a Bitcoin Improvement Proposal and is one of the mechanisms used by the Bitcoin “core developers” to improve Bitcoin. There are all sorts of BIPS on lots of great topics but let’s not get diverted. Go to: https://github.com/bitcoin/bips/ and check them out yourself. Now back to BIP70 the payment protocol. The description is at: https://github.com/bitcoin/bips/blob/master/bip-0070.mediawiki and is the basis for the technical content of this article. The abstract of the payment […]
The post Bitcoin Payment Protocol Explained appeared first on Bitcoin Magazine.
Posted on 29 July 2014 | 5:51 am
Arizona's first and only bitcoin ATM has been knocked out of action by a lighting strike.
Posted on 29 July 2014 | 5:34 am
There are so many headlines about impending doom right now. Russia versus Ukraine, which might drag US and Europe into war. The Syria conflict continues. The Mt. Gox bitcoin exchange finally implodes taking down 850,000 bitcoins with it. Charley Shrem of BitInstant under house arrest. Several governments issue warnings about bitcoin investment. The Federal Bank’s continuing to receive unrequested opinions coming, yet again, from Senator Machim; when financial baker JP Morgan ridicules it, their man Machim squawks each time he thinks he can get a headline conveniently ignoring that his allies at JP Morgan were just recently fined 15 BILLION in the last year. Including the Bernie Madoff pyramid scheme they helped with. All the while the blockchain still toils […]
The post Somebody Forgot to Tell the Blockchain It’s Over appeared first on Bitcoin Magazine.
Posted on 29 July 2014 | 5:00 am
Posted on 28 July 2014 | 5:11 pm
CrowdCurity has raised $1 million in a round of seed funding led by Tim Draper and Kima Ventures.
Posted on 28 July 2014 | 4:10 pm
Atlas ATS has expanded its global bitcoin exchange operation to Europe with a new local partnership in Spain.
Posted on 28 July 2014 | 12:20 pm
Digital currency services provider Moopay has purchased MintPal in an acquisition that will take place gradually through August.
Posted on 28 July 2014 | 11:40 am
The SWIFT Institute is launching a research programme on cryptocurrencies, with a €15,000 grant for the winning proposal.
Posted on 28 July 2014 | 10:56 am
BTC China has upgraded its Mobile Exchange app with direct bitcoin-to-litecoin trading and live data for itchy-fingered traders.
Posted on 28 July 2014 | 10:10 am
The author is involved in the Ethereum project. The author has no relationship with BitGo, Bitrated, Codius or CryptoCorp. Update: Ben Davenport from Bitgo has replied, saying that they already have an API to support use their service as a pure CryptoCorp-like oracle and soon intend to provide a browser extension. I commend them for their rapid response and dedication to sound security practices. After several years of improving infrastructure and technology, it seems like multisignature wallet technologies are finally making a headway in the Bitcoin world. Greenaddress.it and BitGo have emerged as primary contenders in the space, and the latter has recently raised $12 million in venture capital funding and boasts that it stores over $100 million in BTC. […]
The post Multisig: A Revolution Incomplete appeared first on Bitcoin Magazine.
Posted on 28 July 2014 | 9:10 am
Bitcoin mining hardware firm CoinTerra has announced the acquisition of enterprise software company Bits of Proof.
Posted on 28 July 2014 | 7:56 am
Blockchain returns to the App Store with a totally rewritten wallet app for users of Apple's iPhone and iPad.
Posted on 28 July 2014 | 7:30 am
This is a guest post by Naomi Brockwell. The media tends to focus on doom-and-gloom stories, because sensationalist headlines attract larger audiences. However, when journalists go so far as to misrepresent facts and sway the public in one direction or another, these stories can be dangerous. This is especially true when talking about a new technology that has the potential to change lives for the better. Public opinion can mean the difference between this potential being realised, or crushed completely. That is the situation with Bitcoin. The media frequently talks about Bitcoin now, but often misrepresents the facts. Coverage tends to focus on the negatives. Stories about money laundering, drug trading, exploded exchanges, and price crashes predominate. The coverage rarely […]
The post Bitcoin: The difference in Attitude is Education appeared first on Bitcoin Magazine.
Posted on 28 July 2014 | 7:00 am
Christina Gagnier, a Californian tech lawyer and business owner, is the latest congressional candidate to accept bitcoin donations.
Posted on 28 July 2014 | 4:22 am
This week, a Las Vegas mining convention is set for October and reports say BTC Guild could cease operations.
Posted on 27 July 2014 | 2:45 pm
Timothy Coles, a 35-year gold mining veteran, tells CoinDesk why he is selling his Yukon interests for 3,200 BTC.
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Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,
The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.
Posted on 23 December 2013 | 6:20 pm