Coin News

A new report suggests that employers in Switzerland would not be able to pay workers in BTC.

A Facebook virus that mines Bitcoin has been discovered in Norway and is spreading rapidly across the globe. Experts call it a Norwegian phenomenon. The Facebook Virus is taking form as a Facebook direct message. If you have received a direct message on Facebook that looks like the image above then do not download or […]

The post BREAKING: Facebook Virus Mining Bitcoin Discovered in Norway appeared first on CryptoCoinsNews.

There's not much in rural Washington, but there are lot of dams. And dams mean hydroelectric power. Following the lure of cheap electricity, Bitcoin miners and their power-hungry server farms are making out for sleepy little towns in the Pacific Northwest.

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FXBTC users are reporting they were not informed of the exchange's plans to close on 10th May.

eBay president John Donahoe indicated yesterday that integrating bitcoin with PayPal is a real possibility.

The Federal Communications Commission thinks the Internet in the United States can be run at two speeds.

The beta version of Hive's Android app offers a user-friendly interface and a third-party app platform.

Plenty of gold dealers accept Bitcoin, but early this month, QuadrigaCX became the first Bitcoin exchange to add gold to its roster. Alongside CAD, USD and XBT, clients in Canada can now buy and sell XAU (gold). Users can now both deposit and withdraw funds into their accounts via gold bullion, shipped or in person. Founders Mike Patryn and Gerald Cotten wanted to provide a means for people to enter the crypto market without going through banks or fiat. “Other exchanges have allowed for coin-to-coin trading; we wanted to provide a more unique service,” said Mike. “As we have a great deal of past experience with gold trading, it was not a particularly large leap to enable XBT/XAU trades on […]

The post First Bitcoin Exchange to Accept Gold appeared first on Bitcoin Magazine.

One of the big bitcoin stories making news lately is related to a report issued from Combating Terrorism Tactical Support Office. Titled: “Advanced Planning Briefing for Industry”, issued on Jan 30, 2014. It’s being discussed by some of the mainstream press because it reports that virtual currencies may be seen as a potential threat. The reference to virtual currencies in this report was buried a small section on page 46 of an 81-page report. They brought up virtual currencies among a host of new emerging technologies they must consider. This seems to be reasonable and prudent if they are doing their jobs correctly. Digital currencies are a new and should be addressed as they are tasked with designing contingency plans for all […]

The post Bitcoin for Bad Guys: Virtual Currency as an Anti-Terrorism Tool appeared first on Bitcoin Magazine.

We have been brought to a point where it has become necessary to dissolve the bond between currency and institution. We are not required to declare the causes which impel us to push for the separation, but we will oblige. But we are in an age of appropriation, and nothing is immune. Today bitcoin is not only volatile in its value, but in its very essence. Bitcoin is in the crucial stages of development. Its code can evolve in several directions. It’s under threat from those who don’t understand it; it’s under threat from those who do understand it, but fear it.We hold these truths to be self-evident. We have been cyclically betrayed, lied to, stolen from, extorted from, taxed, […]

The post The Declaration of Bitcoin’s Independence appeared first on Bitcoin Magazine.

Around the world, dedicated Bitcoiners have come together to establish Brick and Mortar “Bitcoin embassies” in order to promote Bitcoin and digital currencies, in general.  The first such Bitcoin Embassy came up in Montreal, Canada a few years ago.  It is now established as a non-profit organization and has helped establish many Bitcoin companies in Canada, such as pay-bills-with-Bitcoin service […]

The post Brick And Mortar Bitcoin Embassies Open For Europe’s Many Bitcoiners appeared first on CryptoCoinsNews.

A roundup of the day's news--curated by the Inc. editorial team--to help you and your business succeed.

Yahoo has agreed to acquire Blink, a mobile app that lets you send self-destructing messages à la Snapchat, for an undisclosed amount. And soon Blink will pull off its own vanishing act: Yahoo plans to shut down the year-old startup. It's yet another deal where Yahoo prizes the people over the product.--TechCrunch

BitPay, the Atlanta-based bitcoin merchant processor, raised $30 million in Series A funding, boasting the largest-ever funding round for a bitcoin company. The round was led by Index Ventures, and included Yahoo founder Jerry Yang's AME Cloud Ventures, PayPal founder Peter Thiel's Founders Fund, and Virgin's Richard Branson.--CoinDesk

A new study from legal analytics firm Lex Machina found that Apple was the most frequent target of patent trolls, followed by Amazon. A group of 10 patent trolls--or patent monetization entities, as they're also known--were responsible for a stunning 13 percent of the 6,092 patent infringement suits filed last year. With 137 cases, the worst offender was Melvine Technologies/ArrivalStar.--Cult of Mac

In a bit of a reversal, startups are having a hard time getting financing from VCs, but more established companies looking to grow are raking it in. Very young companies have plenty of new options, the investors' thinking goes, but access to a sizable "C" round can go a long way toward establishing a winner in an industry.--San Jose Mercury News

Bitcoin is starting to grow in Malaysia thanks to active local communities and innovative spending services.

Faster off-block chain bitcoin transactions are increasingly popular, but that may not be a good thing.

Enthusiastic community support and strong development are two crucial indicators of an altcoin with stay power. Guncoin has proven exemplary on both counts. Successfully launched May 1st, 2014, it has already entered onto the Top 100 most popular cryptocurrencies (based on market cap). lthough a Scrypt-based Litecoin clone (making it very convenient for altcoin miners […]

The post Guncoin: The U.S. Founding Fathers Would Be Proud appeared first on CryptoCoinsNews.

Over the past year, Bitcoin and other cryptocurrencies have increasingly found their way into the mainstream news cycle. Those stories have sometimes been positive, such as when Overstock elected to accept Bitcoin payments and when the Dogecoin community pooled their resources to sponsor a “Dogecar” in the Talledega NASCAR race. However, with increased exposure comes increased […]

The post Indiana State Government Warns Bitcoin Investors appeared first on CryptoCoinsNews.

Over the past year, Bitcoin and other cryptocurrencies have increasingly found their way into the mainstream news cycle. Those stories have sometimes been positive, such as when Overstock elected to accept Bitcoin payments and when the Dogecoin community pooled their resources to sponsor a “Dogecar” in the Talledega NASCAR race. However, with increased exposure comes increased […]

The post Indiana State Government Warns Bitcoin Investors appeared first on CryptoCoinsNews.

The Atlanta Bitcoin payments pioneer closes a record-breaking funding round from billionaire Richard Branson, Yahoo co-founder Jerry Yang, PayPal's Peter Thiel, Index Ventures and other all-star investors

Disclosure: the author of this article is a partner at KryptoKit One of the more exciting things to come out of the Bitcoin economy in the last month is the sheer number of new merchants that are accepting it. In the past week alone, we have the Scottish tech store CeX accepting Bitcoin for one of its new promotional offers and including in one of its stores a Bitcoin ATM, Bitcoin merchant payment processing company raising $30 million from Index Ventures and Richard Branson, as well as breaking 30,000 merchants, a large store in Sweden taking BTC, and existing Bitcoin businesses like Cheapair and BTCTrip are expanding their offerings into hotels. Even US politicians can now legally accept Bitcoin donations. […]

The post Bitcoin Needs Employers, Not Merchants appeared first on Bitcoin Magazine.