Coin News

A hot saucer maker has a new altcoin product while a new coin seeks to absolve your sins.

A hot saucer maker has a new altcoin product while a new coin seeks to absolve your sins.

Brett Stapper, the co-founder of Bitcoin investment fund Falcon Global Capital, filed paperwork this week to lobby members of Congress and federal agencies on issues related to the cryptocurrency. Stapper told Business Insider he's interested in educating officials about Bitcoin, 

"Our objectives at this point are very simple. In our discussions and debates we have realized that those who oppose Bitcoin don't really oppose it, they simply don't understand it. Our main concern is that our elected officials will pass regulations without being fully educated on the topic which could have a negative impact on the Bitcoin ecosystem," Stapper said. 

Stapper also wants to encourage more officials to accept donations in the cryptocurrency.

"Our goal is to educate these elected officials and to offer them guidance on how to accept Bitcoin contributions," explained Stapper. "If we can be successful with these efforts, we feel the Bitcoin ecosystem could be greatly impacted. We are making ourselves available to speak with any politician that wishes to understand Bitcoin and the acceptance of Bitcoin contributions."

Earlier this year, Stapper made headlines when he offered to purchase the Bitcoins seized by the FBI when it shut down the illicit online marketplace Silk Road. 

Stapper isn't the first Bitcoin-focused lobbyist on Capitol Hill. Last month, the lobbying firm Peck Madigan Jones filed paperwork indicating five of its staffers would be working on Bitcoin on behalf of Mastercard. However, its unclear whether Mastercard's lobbyists have a specific stance on Bitcoin. Peck Madigan Jones told The Hill its efforts were dedicated to "gathering information in connection with recent congressional hearings to better understand the policy issues around virtual and anonymous currencies." Stapper seems to be the first unambiguously pro-Bitcoin lobbyist in D.C. He told Business Insider he's interested into converting officials into "supporters" of the cryptocurrency.

"We hope that others will eventually join us in this effort. It is an exciting year for Bitcoin and a very important one, we feel having supporters in Government is one of the most crucial and important issues within Bitcoin," Stapper said.  

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Thursday marked the four year anniversary of the initial Bitcoin Pizza Day. You can read about it here at our article which was featured by Business Insider and Tech Crunch. May 22 is a big day in Bitcoin history. In 2010, Florida programmer and BitcoinTalk user Laszlo Hanyecz offered to pay 10,000 Bitcoins for pizza. […]

The post CryptoCoinsNews Celebrates Bitcoin Pizza Day appeared first on CryptoCoinsNews.

Falcon Global Capital is seeking to lobby on behalf of bitcoin on Capital Hill.

CoinDesk talks with darkcoin developer Evan Duffield about the development and future of a truly anonymous digital currency.

Edmund C. Moy, former director of the US Mint, is now talking openly about the benefits of bitcoin.

Germany's Ministry of Finance is proposing potentially impactful changes to its bitcoin tax policies.

At Bitcoin2014, MultiBit gave CoinDesk a hands-on preview of its newest wallet.

Bitcoin prices climbed 20% this week, briefly hitting a one-month high of $536, as concerns about a crackdown in China on the cryptocurrency eased slightly.

In an interview with CoinDesk Monday, the heads of two of China's largest exchanges said they remained optimistic about Bitcoin's future in China, despite a third exchange shutting down this month over what it said was "unprecedented pressure" from the PBOC. 

"The People’s Bank of China’s policies would 'bring a period of hardship', but, in the long term, the situation would improve, he predicted, since the government has shown some interest in communicating with bitcoin companies," CoinDesk's Jon Southurst reported Monday. 

Prices have since come down a bit to $523. Chart:

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This week the price of bitcoin passed $500 and bitcoiners around the world celebrated Bitcoin Pizza Day.

The bitcoin payments processor has added support for the BIP 70 protocol, designed to improve security and customer experience.

Jed McCaleb, co-founder of Ripple Labs (formally OpenCoin), announced on Wednesday that he will be selling the entirety of his XRP holdings, resulting in a 40% loss of exchange value over 24 hours. McCaleb began his message by recounting his history with OpenCoin, and revealing roughly how much XRP he controls, I started working on […]

The post Ripple Co-Founder Jed McCaleb Announces Sell Out appeared first on CryptoCoinsNews.

Digital currencies will be treated as cash, not commodities, for the purposes of taxation, reports from Spain indicate.

Imagine a volcanic island in the North Atlantic with a total population of over 300, 000 people. Yes, Iceland! Now, picture a run-down former NATO base on the outskirts of the airport at Keflavik. However, these unassuming guarded warehouses are home to a large-scale datacentre using Iceland’s abundant geothermal and hydroelectric energy to offer cheap […]

The post An Inside Look At Cloudhashing.com’s Bitcoin Mining Datacentre In Iceland appeared first on CryptoCoinsNews.

A hacker targeting Roger Ver has given up his attempts after a 37.6 BTC arrest bounty was issued.

The news comes after e-commerce giant eBay fell victim to a sophisticated cyber attack that breached its database.

 Meet Lighthouse, a bitcoin-powered app to create and manage your own crowdfunding campaign on your computer. Bitcoin core developer Mike Hearn showcased the app at the Bitcoin 2014 conference in Amsterdam. And Lighthouse is a great example of how you can develop a complicated transaction framework on top of the bitcoin protocol. Hearn’s tagline about his own app speaks for itself… Read More

Since the eBay Inc announcement of a massive data breach a seller has turned up on Pastebin (a notorious site used for posting anonymously that is often used by hacktivists dumping data from hacks) offering a full copy of the 145,312,663 usernames, passwords, postal addresses and date of births from eBay. The seller has posted a sample  of the database with 12,663 users from the APAC region including password hashes, e-mail addresses and postal addresses and is requesting payment by Bitcoin. This has naturally inspired a flurry of media coverage in the last few hours as your information appears to be on sale right now.

Organisers of July's Dublin conference have announced an expanded lineup of big-name speakers and a provisional schedule.

Love Will Inc., the creators of the Pheeva Wallet, have launched an exciting new feature aimed at simplifying the user experience and boosting Bitcoin adoption. Last week, the company unveiled Pheeva Plus throughout their existing iPhone and Android bitcoin wallet applications. More than a month ago Pheeva made its debut as the only bitcoin wallet that followed Apple’s restrictive rules. The company took an uncommon route to be able to provide iOS compatibility, which consisted of long conversations with Apple and setting up the COG Cooperative (Cycle of Goodness) to be sure the application was following the “rules.” Users who are part of the COG Cooperative receive some great benefits including access to the organization’s in-house applications, future revenue sharing […]

The post Increasing Adoption with Pheeva Wallet and Pheeva Plus appeared first on Bitcoin Magazine.

HitBTC is taking a community-driven approach to developing their exchange by allowing users to vote for the altcoin they want on the exchange next. The developers have worked hard to allow for altcoins to be added to the exchange platform. This has been met by interest and excitement from the community. Remember to signup before you […]

The post Vote for your Altcoin on HitBTC and take the Traders Challenge to win an Oculus Rift appeared first on CryptoCoinsNews.

HitBTC is taking a community-driven approach to developing their exchange by allowing users to vote for the altcoin they want on the exchange next. The developers have worked hard to allow for altcoins to be added to the exchange platform. This has been met by interest and excitement from the community. Remember to signup before you […]

The post Vote for your Altcoin on HitBTC and take the Traders Challenge to win an Oculus Rift appeared first on CryptoCoinsNews.

Without a doubt, the Open-Transactions open source framework is extremely robust as it currently stands. However an upcoming future release of Open-Transactions will have full Bitcoin multisig voting pool support. Reportedly, Bitcoin multisig voting pool support is already well under way. When asked when the projected release date was, an Open-Transactions Developer replied back saying […]

The post Open-Transactions To Introduce Multisig Voting Pools appeared first on CryptoCoinsNews.

The CryptX PetaMine IPO is set to add 1,000 Th/S to CryptX’s existing 500 Th/S hashrate. After completion of the IPO, which lasts until May 31st, CryptX PetaMine will control a whopping 2% of the entire Bitcoin network in terms of hashrate. The CryptX PetaMine data-center is located in Belgium and is completely powered by […]

The post CryptX PetaMine IPO Accounts for 2% of Network Hashrate appeared first on CryptoCoinsNews.