Bitcoin Latest News
At least $11m has gone to fraudsters running bitcoin scams in the last four years, university researchers have found.
Posted on 29 January 2015 | 9:29 am
The Winklevoss Brothers on Gemini, the 'NASDAQ of Bitcoin'CoinDesk
Cameron and Tyler Winklevoss aren't shy about issuing bold predictions for Gemini, their recently revealed bitcoin
exchange project. Calling it the "NASDAQ or Google of bitcoin
", the president and CEO, respectively, believe Gemini will be the fully ...
Posted on 29 January 2015 | 9:08 am
New research from Singapore-based web intelligence firm S2T suggests Islamic State (ISIS) could be using bitcoin for fundraising. Israeli daily newspaper Haaretz has reported that S2T analyst Ido Wulkan managed to find concrete evidence linking an ISIS cell based in the US to fundraising activities. The cell apparently used the dark web and bitcoin to cover its tracks. […]
Posted on 29 January 2015 | 5:40 am
Over 70 Bitcoin Scams Shut Down By New York Law EnforcementCoinDesk
More than 70 websites promising unrealistically high returns on bitcoin
investments have been shut down by the New York County District Attorney's office. As originally reported by Bloomberg News, 73 sites were taken offline on 16th January by the ...
Posted on 29 January 2015 | 3:51 am
Software magnate Bill Gates has again spoken out on bitcoin in his third 'Ask Me Anything' (AMA) session on social sharing platform Reddit. The focus of the AMA was philanthropy and the work of the Bill & Melinda Gates Foundation. As a result, Gates’ answer revolved around potential bitcoin applications in charity. In response to the question "What […]
Posted on 29 January 2015 | 3:25 am
P2P marketplace LocalBitcoins has experienced a hack on its chat client, resulting in the distribution of malware and loss of customer funds.
Posted on 29 January 2015 | 2:24 am
Posted on 28 January 2015 | 5:18 pm
Posted on 28 January 2015 | 3:24 pm
Canada's BitGold has gone public following a reverse merger with mineral exploration company Loma Vista Capital.
Posted on 28 January 2015 | 3:15 pm
Posted on 28 January 2015 | 1:50 pm
China's Huobi is making an international push in 2015 by temporarily eliminating or lowering fees on its USD trading platform BitYes.
Posted on 28 January 2015 | 1:30 pm
Bitcoin Exploration The Bitcoin ecosystem has many different types of platforms such as exchanges, payment service providers, reporting platforms and an array of other supporting services. Every time you create a new account your online profile expands, increasing the risk of breach with one or all of your accounts. Private keys and passphrases should be managed as securely as possible, and the same for login credentials. The following tales are filled with valuable lessons for stepping up your game with digital identity management. Gone Phishing Paul Boyer, creator of the “Mad Money Machine” podcast on the “Let’s Talk Bitcoin” network, learned a tough lesson recently. Paul happily received donations totaling 3.3875 bitcoins, about $2,000, from loyal listeners until he discovered […]
The post Cautionary Tales on Bitcoin Security appeared first on Bitcoin Magazine.
Posted on 28 January 2015 | 11:32 am
The NYDFS has issued a response to questions about the regulatory status of Coinbase's recently launched bitcoin exchange.
Posted on 28 January 2015 | 10:23 am
Manhattan district attorney Cyrus R Vance Jr has issued new remarks regarding his agency's interests in the bitcoin exchange space.
Posted on 28 January 2015 | 9:51 am
Posted on 28 January 2015 | 8:16 am
Reddit's cryptocurrency engineer, Ryan X Charles, has caused a stir with his proposal to implement bitcoin on the platform. Under username 'ryancarnated', the developer revealed how he aims to enable peer-to-peer payments on Reddit, but for the time being he describes the service as a "proof of concept". The implementation would allow users to register their bitcoin […]
Posted on 28 January 2015 | 4:53 am
'Bitcoin Funfair' is due to take place in Stockholm next month in an attempt to spread the use of the digital currency among consumers.
Posted on 28 January 2015 | 2:10 am
Bitcoin services firm bitFlyer has secured a $1.1m funding round to expand overseas, bringing its total to $2.93m.
Posted on 27 January 2015 | 9:41 pm
The New York County District Attorney's Office has shut down more than 70 allegedly fraudulent bitcoin investment sites.
Posted on 27 January 2015 | 4:05 pm
Anycoin Direct has raised €500,000 as part of its seed funding round to expand its bitcoin brokerage service.
Posted on 27 January 2015 | 3:00 pm
Citi's head of digital strategy doesn't think bitcoin is ready for mass adoption, speaking at a panel organised by his bank in London.
Posted on 27 January 2015 | 1:55 pm
Posted on 27 January 2015 | 1:39 pm
Colored coins startup Colu has raised $2.5m from former Twitter and Tumblr investor Spark Capital, VC firm Aleph and more.
Posted on 27 January 2015 | 12:40 pm
California's top money transmitter regulator has released a statement saying that Coinbase's new exchange is not licensed to operate in the state.
Posted on 27 January 2015 | 11:57 am
London, January 24, 2015 — LazyCoins demoed their killer Bitcoin app LazyPay at the BitcoinExpo 2015 in London last weekend. The company has spent months carefully and quietly planning to take the app public. Including running the payment and merchant services app through testing with a security firm. And holding Q&As in order to perfect their software and get everything right before debuting to the world. The free conference ran from January 24–25 at the Central Foundation Boys’ School on Cowper Street, London. LazyCoins Founder and CEO Danial Daychopan calls London, “a great place for bitcoin businesses and entrepreneurs.” Daychopan began his talk at the conference on the importance of security. He stressed this is the number one focus for […]
The post LazyCoins to Preview The Killer Bitcoin App LazyPay at BitcoinExpo 2015 London appeared first on Bitcoin Magazine.
Posted on 27 January 2015 | 7:32 am
Congratulations, virtual currency world—New York wants to expressly regulate you! That’s how important Bitcoin and other digital currencies have become in recent years. And as we know, what happens in New York’s financial world often has implications for the wider world. All the recent attention New York has paid to virtual currency is raising many important legal questions, with potentially profound implications. This article will offer a brief survey of just some of them. A Cryptic History of Money Bitcoin is the latest and best known in a long line of digital currencies. The basic premise of digital currencies is that they try to establish a medium of exchange based on immutable mathematics, thus putting the currency beyond the control […]
The post Virtual Currencies Hit the World Stage: Bitcoin’s Ever-Evolving Legal Status appeared first on Bitcoin Magazine.
Posted on 26 January 2015 | 11:08 am
Double standards are like mosquitoes to me: after hearing their buzz for a while, I want nothing more than to shine a flashlight their way and swat them down mercilessly. One such double standard is the harsh way in which economists and commentators criticize Bitcoin technology, while at the same time taking for granted the financial system that they live under every day. Yes, the value of Bitcoin and other cryptocurrencies is very volatile still, and the ecosystem that develops around them has been a Wild West so far. But in the six years of Bitcoin’s existence, the underlying technology—decentralized and open source in nature—has proven itself to be extremely robust and constantly evolving. Bad computer code is replaced over […]
The post How Bitcoin Compares to Fiat Currency’s House of Cards appeared first on Bitcoin Magazine.
Posted on 23 January 2015 | 10:21 am
Jan 22. 2015 for BitcoinMagazine.com Those within the industry understand that one of Bitcoin’s most important features—and perhaps its true core innovation—is its decentralized structure. Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. And yet, most of the actual services and businesses built within the Bitcoin ecosystem are centralized. They are run by specific people, in specific locations, with specific computer systems, and they are susceptible to specific legal entanglements. This situation creates tension and certainly a little irony—we have a decentralized technology, yet most things existing upon it are centralized. To a casual observer, and even more to a cynical one, it may appear that the claim […]
The post Is Bitcoin Truly Decentralized? Yes – and Here Is Why It’s Important appeared first on Bitcoin Magazine.
Posted on 22 January 2015 | 9:52 am
January 21, 2015 FOR IMMEDIATE RELEASE Contact: Tyler Evans 256-539-6100 BTC Media Acquires Bitcoin Magazine NASHVILLE, TN—BTC Media LLC, parent company of financial technology magazine yBitcoin and its website www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Magazine from Coin Publishing LLC. Bitcoin Magazine is the first publication devoted exclusively to Bitcoin, the digital currency that burst onto the international economic scene as open source software in 2009. Magazine founders Mihai Alisie and Vitalik Buterin published their first issue in May, 2012 and later joined forces with Orlando, Florida-based Coin Publishing LLC to produce 22 issues. The magazine is mailed to subscribers worldwide, sold at Barnes & Noble bookstores and published online at www.bitcoinmagazine.com. BTC Media […]
The post BTC Media Acquires Bitcoin Magazine appeared first on Bitcoin Magazine.
Posted on 21 January 2015 | 11:00 am
Bitcoin Magazine Is Better than Ever! Bitcoin Magazine is the oldest surviving media outlet in the cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice for the Bitcoin community at large–representing the most diverse groups of individuals in commerce today. However, as Bitcoin has grown from a nascent technology to a financial juggernaut, the magazine has faced challenges scaling itself to the ever-increasing needs of its core community, not to mention its expanding rings of […]
The post Bitcoin Magazine Joins the Growing BTC Media Family appeared first on Bitcoin Magazine.
Posted on 15 January 2015 | 11:41 am
Check out the Bitcoin Magazine Store, where you’ll find special values on single and bundled back issues of the authentic voice of the cryptocurrency community. Take advantage of the last remaining artifacts of the original Bitcoin Magazine–offering you a limited-time opportunity to complete your magazine collection and own a piece of Bitcoin history. As a gift to the Bitcoin community, we’ve also made all past issues available for download as DRM-free, pay-what-you-want PDFs.
The post Last Issues of Original Bitcoin Magazine on Sale Now! appeared first on Bitcoin Magazine.
Posted on 15 January 2015 | 11:39 am
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