Coin News

A group of investors has offered to purchase troubled Japan-based exchange Mt. Gox for just 1 BTC.

Hosting a bitcoin hackathon is a way for Boost VC to encourage new business ideas within the cryptocurrency industry.

There is a new video that is taking the Bitcoin community by storm. Produced by recently launched internet cable brand SQ1  (pronounced square one), the video titled “The Bitcoin Phenomenon” explores the groundbreaking aspects of digital currency. Filled with interviews with some of the crypto community’s best and brightest, the half-hour long video gives a glimpse into the Bitcoin ecosystem by exploring what makes the cryptocurrency special, while also providing narrative regarding technology, legislation, important political implications and what those interviewed envision for the future. The idea for The Bitcoin Phenomenon came about a year ago, when founder of SQ1, Bhu Srinivasan, was introduced to the idea of Bitcoin from a friend and decided to explore it further. Although not […]

The post The Bitcoin Phenomenon appeared first on Bitcoin Magazine.

Would bitcoin benefit from having multiple extra blockchains? Two influential figures think so.

New data from cybersecurity firm Kapersky Labs shows a sharp increase in bitcoin-related malware attacks occurred in 2013.

Las Vegas has been a hub of Bitcoin activity recently. With the Inside Bitcoin conference taking place there before heading to New York City, we’ve seen plenty of tech-savviness from ‘Gambling capitol of the World’ but what’s the latest you can get for Bitcoin? Bunnies, yes. Your Bitcoin trip to ‘Sin City’ can be assisted […]

The post What happens in Vegas can be paid for in Bitcoin – Bunnies Now Accepts Bitcoin appeared first on CryptoCoinsNews.

A principios del mes pasado, BTC China causó un gran revuelo en la comunidad de Litecoin al anunciar que iba a añadirla a su bolsa como moneda a comerciar. El precio de Litecoin se disparó antes el anuncio de la apertura del mercado chino. Igualar donaciones por los usuarios Unos días después del anuncio, Bobby […]

The post BTC China dona 1,000LTC al equipo de desarrollo de Litecoin appeared first on CryptoCoinsNews.

A QUICK HISTORY OF CRYPTOCURRENCIES BBTC — BEFORE BITCOIN by Ian Grigg 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.

An anonymous character known as 'Hood' is giving away thousands of dollars-worth of dogecoin to address social injustice.

In the first of a three-part series, we profile exactly who is accepting digital currencies like bitcoin, and why.

We often imagine a world where we can walk down the street and be able to pay using virtual currency everywhere we go. For a small suburb outside of Cleveland, Ohio, this is becoming a reality. Located in the Cedar and Lee district and just ten minutes outside of downtown Cleveland is what will soon be known as Bitcoin Boulevard US. Residing in Cleveland Heights, accurately named Bitcoin Boulevard US will soon give patrons of local businesses the ability to make purchases with Bitcoin. In early May, several businesses along Lee Road will begin accepting Bitcoin. Organized by CoinNEO (koy-nee-oh), Bitcoin Boulevard US currently consists of eight merchants and 2 service providers, with the hope to have 10 on board […]

The post Take a Walk Down Bitcoin Boulevard appeared first on Bitcoin Magazine.

UK Only Article:  standard article Issue:  Leviathan of last resort Fly Title:  Bitcoin in China Rubric:  Chinese regulators make life hard for crypto-currencies Location:  SHANGHAI Main image:  20140412_FND001_0.jpg NOT so long ago, China looked to be the promised land for crypto-currencies. Bitcoin and its rivals were traded freely and online exchanges proliferated. On one estimate, China accounted for more than half of the world’s trade in Bitcoin last year. Near the end of last year, when its price was above $1,000, more than 100,000 coins were being traded daily on BTC China, a local exchange. Alas, those heady days are gone. Prices have plunged below $500 of late and hardly 2,000 coins are now traded daily on BTC China. According to Bobby Lee, the exchange’s founder, “Most investors have left the market.” What happened? The short answer is regulation. In early December China’s central bank declared that Bitcoin was not a ...

Bitcoin prices fell as low as $403 Thursday morning as Chinese banks began sending out shutdown notices to Bitcoin businesses, CoinDesk's Jon Southurst reports.

That level hasn't been seen since November. Prices were down more than 7% just on the day.

"Exchanges will stop account recharging via bank accounts between now and 15th April," Southurst writes.

For the past couple of weeks, rumors have been swirling that the PBOC would shut down all Bitcoin-related money transfers. China comprises. The volume share on BTC China has fallen to 8%.  

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Bill Miller reiterated his support for bitcoin today, taking aim at past statements by famed investor Warren Buffett.

Bitcoin’s protocol is open source. So is its narrative. The story and the code evolve. We all contribute. Each pulls in a direction. Themes emerge: engage or disengage with regulators, build for anonymity or transparency, embrace or shun agorist beginnings. There is no one way, just individual frames-of-reference. Bitcoin is greater than the sum of these arguments. Ultimately it will be moulded in our collective image. A good entrepreneur sits, smiles, nods and focuses on reduced transaction fees. A libertarian has loftier ideals. Many wear two hats. After all, many businesses today were once on display at events like Porcfest. Those who fell in love with Bitcoin as libertarians, every day add value as entrepreneurs. There are still a great […]

The post Let’s Talk Libbitcoin appeared first on Bitcoin Magazine.

Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a technicality.

It’s no secret that I’m not the biggest fan of altcoins, and I’ll try to hold back my excitement about this new project from Adam Back, the creator of Bitcoin’s proof-of-work system, and Austin Hill that could be the perfect way to finally achieve “Bitcoin 2.0“. There are plenty of projects out there today, such […]

The post Adam Back: Sidechains Can Replace Altcoins and ‘Bitcoin 2.0′ Platforms appeared first on CryptoCoinsNews.

It’s no secret that I’m not the biggest fan of altcoins, and I’ll try to hold back my excitement about this new project from Adam Back, the creator of Bitcoin’s proof-of-work system, and Austin Hill that could be the perfect way to finally achieve “Bitcoin 2.0“. There are plenty of projects out there today, such […]

The post Adam Back: Sidechains Can Replace Altcoins and ‘Bitcoin 2.0′ Platforms appeared first on CryptoCoinsNews.

Dogecoin has become a hugely popular way to reward people on reddit, and it's all thanks to Dogetipbot.

Dogecoin has become a hugely popular way to reward people on reddit, and it's all thanks to Dogetipbot.

Representatives from the bitcoin sphere sat before Canadian senators today – the first such presence on Parliament Hill.

Bitinvest is a Brazilian company that provides users a market to buy, sell, and store digital currencies. At the moment, Bitinvest only supports bitcoin and Litecoin, but the exchange plans to support other currencies in the future. Today, Bitinvest announced a new, simple way to use bitcoin practically anywhere in Brazil. It’s called Coincard, and […]

The post Bitinvest Launches Prepaid Bitcoin Debit Card appeared first on CryptoCoinsNews.

Bitinvest is a Brazilian company that provides users a market to buy, sell, and store digital currencies. At the moment, Bitinvest only supports bitcoin and Litecoin, but the exchange plans to support other currencies in the future. Today, Bitinvest announced a new, simple way to use bitcoin practically anywhere in Brazil. It’s called Coincard, and […]

The post Bitinvest Launches Prepaid Bitcoin Debit Card appeared first on CryptoCoinsNews.

Bitcoin prices sank to $410 after several Chinese exchanges made public announcements on their sites.

The Agricultural Bank of China, one of the Big Four Chinese Banks, has begun notifying its Bitcoin Exchange clients of upcoming changes to policy.  The other 3 “Big Four” banks in China are: The Industrial and Commercial Bank of China, China Construction Bank, and Bank of China.  By market capitalization, the Industrial and Commercial Bank […]

The post Agricultural Bank Of China Notifies BtcTrade That They Need To Halt RMB “Recharges” By April 15th appeared first on CryptoCoinsNews.

Everyone’s buzzing about Rep. Steve Stockman’s plan to submit a bill declaring Bitcoin a currency, but this isn’t the first time the politician has whipped up a stir

Virtex is a new Bitcoin and Litecoin exchange based in Lithuania that will open on April 16. Inspired by the booming cryptocurrency industry and its revolutionary technology, CEO Paulius Meskauskas, CMO Tomas Andzelis, CRO Mantas Gustys and a team of over 20 other people will be launching their project in the city of Kaunas, the […]

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Bitcoin has re-introduced the idea of money as a competitive good. It has done so in a meaningful way. This idea has been conspicuously missing from the economic debate for too long. I, for one, am pleased to welcome it back. We’ve always had competitive ‘private’ monies, centrally managed and lacking global reach. A current example would be the Brixton pound. These monies could never effectively compete with money by fiat decree. If these monies existed on the Internet, they were promptly shut down. If they existed outside the Internet, they could never scale to threatening levels. The fiat monopoly was easily maintained. Bitcoin cannot be effectively shut down. Bitcoin also facilitates value transfer on a global scale. It is these […]

The post Money as a Competitive Good appeared first on Bitcoin Magazine.