Bitcoin Latest News
People wanting to support the OpenSSL project can now make donations in cryptocurrency.
Posted on 21 April 2014 | 6:40 am
Anne Karpeles has said the Mt. Gox CEO was a gifted child who was sometimes taken advantage of.
Posted on 21 April 2014 | 4:40 am
Making sense of noncentsCrain's Detroit Business
transactions are included in a shared public transaction log known as a "block chain." This is to confirm that the party spending the bitcoins
really owns them. It's also meant to prevent fraud and double-spending. However, there are no ...and more »
Posted on 21 April 2014 | 1:05 am
Posted on 20 April 2014 | 7:26 pm
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Why bitcoin needs a marketing campaignCNBC.com
"It's hard for me to say that bitcoin
is going to be the dominant virtual currency of the future," Lucas said. "If someone came up with a virtual currency that people understood and whose value did not fluctuate as much, well, then it might become the ...
Posted on 20 April 2014 | 8:12 am
Despite not making many sales in bitcoin, many small businesses still view their venture into cryptocurrencies a success.
Posted on 20 April 2014 | 5:25 am
John Law recaps the week's news and forecasts the future, in his final column for CoinDesk.
Posted on 20 April 2014 | 4:24 am
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Bitcoin 2.0: Unleash The SidechainsTechCrunch
And Andreessen Horowitz have very visibly doubled down on Bitcoin
. Even if you don't believe in Bitcoin
as a currency, and I'll grant there's plenty to be skeptical about, you should be thinking: huh, a lot of extremely smart and successful people ...
Posted on 19 April 2014 | 7:06 am
As paywalls become increasingly popular, bitcoin micropayments offer a different way for companies to monetise their digital content.
Posted on 19 April 2014 | 3:57 am
Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal sports betting, how is it that U.S. citizens are able to gamble so much on games? While a significant portion of illegal gambling is still done in person, the internet has allowed the popularity of the pastime to soar. Widely used sites such as Bovada and 5Dimes that are based outside of U.S. jurisdiction (Canada and Costa Rica, respectively) offer gamblers a way to get […]
The post Betting on the Blockchain: Sports Gambling and Bitcoin appeared first on Bitcoin Magazine.
Posted on 18 April 2014 | 7:47 pm
A major problem with adapting Bitcoin as one’s main currency is the difficulty in making trust-less transactions. Don’t get me wrong; the technology and network behind Bitcoin aren’t the problem. It’s the disconnect between the network of people that two parties may share that can create concern. There is still an issue with making a transaction with an individual especially if they are shipping you a physical device like an electronic device where there is no certainty they are trustworthy without using a commonly trusted user or 3rd party as an escrow. There is a great solution to helping make trustworthy connections within the Bitcoin community and it’s called Bitcorati. This website aims to provide services similar to what […]
The post Bitcorati: A Hub For the Bitcoin Community appeared first on Bitcoin Magazine.
Posted on 18 April 2014 | 7:29 pm
The Bitcoin Job Fair in Silicon Valley is set for those seeking employment in the cryptocurrency industry.
Posted on 18 April 2014 | 2:59 pm
Wearable technology and bitcoin could reinvigorate the mobile payments industry, but a number of challenges need to be addressed.
Posted on 18 April 2014 | 1:30 pm
I just think it's great. I'm a member of Club "O" which only cost me $5 for a year. Free shipping on everything, and 5% back on every purchase. Usually the items I need are cheaper on Overstock than other sites. Things like electronics, home appliances, etc etc. I noticed silly things like candles are crazy expensive so I'm guessing that's where they make a lot of money. I just feel like I have similar thinkings to the founder of...
Posted on 18 April 2014 | 12:47 pm
Dogecon, new GPUs and the potential future of payments – these and more in this week's All Things Alt.
Posted on 18 April 2014 | 12:05 pm
CryptoCurrency Convention 4/9/14 - Dan Larimer Bitshares Have you ever had a hard time explaining bitcoin? The Very 1st CryptoCurrency Convention was an overwhelming success in solving that...
Posted on 18 April 2014 | 11:05 am
Total Series Length: 28 Hours 21 Minutes and 27 Seconds Total Video File Sizes: 28gb Neighborhood Download: https://www.mediafire.com/?2h2z2dhzejvg22y Neighborhood File Size 44.66mb MAKE...
Posted on 18 April 2014 | 10:30 am
submitted by micro23 link 54 comments
Posted on 18 April 2014 | 10:29 am
More than a few easter eggs in our bitcoin ATM coverage as we spin around the world this week.
Posted on 18 April 2014 | 9:59 am
Posted on 18 April 2014 | 9:59 am
How specific words and phrases are being crafted in an attempt to shape the public's perception of bitcoin.
Posted on 18 April 2014 | 9:02 am
The Law Society is urging people to leave instructions for their intellectual property and digital media in their wills.
Posted on 18 April 2014 | 7:29 am
submitted by -Mahn link 62 comments
Posted on 18 April 2014 | 6:36 am
Following the latest statement released by Danny Brewster, CEO of Neo & Bee Ltd, we, the personnel involved at an executive level within Neo and Bee, feel it is appropriate and justified to make the following statement regarding the mistruths and outright lies being fed to investors, creditors and the public. In the interests of preserving the potential that the company can be turned around, we had remained silent on the matter up to this point. The senior management team would like to extend their deepest ...
Posted on 18 April 2014 | 4:14 am
US Congressman Ron Paul doesn't believe bitcoin is ‘true money’, but he's still a big fan of the concept.
Posted on 18 April 2014 | 4:04 am
Find out our top bitcoin stories from the past seven days in this week's video roundup.
Posted on 18 April 2014 | 2:53 am
submitted by BitFast link 3 comments
Posted on 18 April 2014 | 1:34 am
submitted by Vaultoro link 44 comments
Posted on 17 April 2014 | 11:21 pm
LocalBitcoins users are reporting that their wallets have been emptied and that transactions via the service have been delayed.
Posted on 17 April 2014 | 3:20 pm
Compliance software developer Strevus has added support for bitcoin and other cryptocurrencies to its existing compliance software service.
Posted on 17 April 2014 | 2:15 pm
This afternoon, Texans for Greg Abbott announced acceptance of Bitcoin for campaign donations. Greg Abbott is running as the Republican candidate in the Texas Gubernatorial race. Striving to be a cutting edge candidate, Abbott stated, “I’m excited to see our campaign add another tool to our cutting-edge digital outreach, which is allowing us to reach more Texans than any previous campaign in the state.” It is great to see that Abbott as well as other policymakers note the opportunities Bitcoin has to promote free market economics and ingenuity across the board. Abbott’s campaign will certainly not be the first to embrace Bitcoin in the 2014 election cycle. Abbott’s campaign team published the following press release: April 17, 2014 For Immediate […]
The post Texans for Greg Abbott to Accept Bitcoin Contributions appeared first on Bitcoin Magazine.
Posted on 17 April 2014 | 2:08 pm
A former US government consumer finance watchdog has come out in support of bitcoin.
Posted on 17 April 2014 | 1:25 pm
If you can understand the organization of ants, you can understand MaidSafe. Alone, by itself, an ant is both vulnerable and easily marginalized. Yet when working with the rest of the colony, ants with roughly the same petite attributes can take down larger prey, clear paths and protect the mound from disasters (both natural and man-made). I spoke with David Irvine, the CEO of MaidSafe and he used this type of analogy to describe how the decentralized attributes of MaidSafe works. MaidSafe bills itself as a wholly decentralized internet wherein it acts as a decentralized storage platform available to anyone globally. Over the past 8 years, the team has concocted a cauldron of algorithms which harmonize, orchestrate and control individual […]
The post MaidSafe Makes Data Safe appeared first on Bitcoin Magazine.
Posted on 17 April 2014 | 6:00 am
Bitcoin Magazine is currently considering breaking up the magazine into categories. The motivation for this is a desire for our readers to know what section they are in without looking at the table of contents. We also want to group similar stories near each other and possibly color code our sections to assist in automaticity while navigating through the magazine. We also want these sections to reflect our readers favorite areas of interest, and hope this poll will help us as we consider using categories/sections to group magazine content. If you want to suggest a different category please enter it in the comments or email email@example.com.
The post Survey Says: Bitcoin Magazine is Considering Categories appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 12:42 pm
This guest post by Ian Grigg is reprinted with permission from financialcryptography.com. Before Bitcoin, there was cryptocurrency. Indeed, it has a long and deep history. If only for the lessons learned, it is worth studying, and indeed, in my ABC of Bitcoin investing, I consider not knowing anything before Satoshi’s paper as a red flag. Hence, a very fast history of what came before. Early Days The first known (to me) attempt at cryptocurrencies occurred in the Netherlands, in the late 1980s, which makes it around 25 years ago or 20BBTC. In the middle of the night, the petrol stations in the remoter areas were being raided for cash, and the operators were unhappy putting guards at risk there. But […]
The post A Quick History of Cryptocurrencies BBTC — Before Bitcoin appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:10 am
Peercoin was the first Bitcoin-based monetary system to use proof-of-stake as a mechanism to ensure its own integrity. However, there are some objections to Peercoin’s proof-of-stake model. This article presents those objections along with a similar system redesigned to address them. In a simplified version of Peercoin’s proof-of-stake design, each node can use part of its balance as a stake allowing it to chain blocks. The bigger that stake, the more chances this node has of increasing the block chain. The reward for chaining blocks is 1% of the used stake as newly minted coins, annually. Conversely, making transactions requires paying a fee that destroys 0.01 coins per transaction. For example, after having chained a block using one coin of […]
The post Transaction Rights: The Necessary Product of Block Chaining appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:07 am
Beginning Monday, technology enthusiasts in Brazil became able to convert the Brazilian Real to Bitcoin using a Bitcoin vending machine, also known as a Bitcoin ATM. The unveiling marks the first Bitcoin ATM to be installed in Latin America, with a permanent position at a Sao Paulo bar which is already accepting Bitcoin. As the popularity of digital currency in Latin America continues, many businesses and individuals are taking advantage of the benefits that this new payment method provides. For businesses in developing countries, Bitcoin gives businesses the ability to end costly trade restrictions that decrease profits and hinder their ability to compete in the global marketplace. Bitcoin can also cut transaction fees associated with debit and credit card transactions. […]
The post First Bitcoin ATM Lands in Latin America appeared first on Bitcoin Magazine.
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