Coin News

JULY 16, 2014 – Bitcoin Magazine and the College Cryptocurrency Network (CCN) are pleased to announce the first ever, “Back-to-School with Bitcoin” issue this coming September! Guest-edited by CCN Executive Director, Jeremy Gardner, this issue of the magazine will be dedicated to covering youth in bitcoin, perhaps the most important demographic in bringing blockchain technology to the mainstream. To ensure that this issue of Bitcoin Magazine is chock-full of the brightest young minds in cryptocurrencies, the magazine will be rewarding the top-five student submissions with Bitcoin prizes, which will be made possible by generous donations from our sponsors, in addition to being published in both the print and online edition! Furthermore, there will be a graphic design competition for students who, […]

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Big data analytics firm TradeBlock has raised $2.8m in new funding led by Andreessen Horowitz and Barry Silbert.

Ghash.io is still currently the largest Bitcoin mining pool, based on data from the last 48 hours. In June, the media had a frenzy over the fact that a Bitcoin Mining pool had over 50% of the total network hashrate, thus presenting an unnecessary threat to the health of the Bitcoin network. Currently, they are […]

The post Ghash.io Offers More Empty Promises To Bitcoin Miners appeared first on CryptoCoinsNews.

Trucoin has officially opened its bitcoin buying service to US consumers in eight states.

The Atlanta-based company, BitPay, has been hard at work developing solutions for businesses and individuals in the bitcoin space, and from this, recently released a beta of their new multi-signature wallet, Copay. The wallet is completely open-source and aims to provide a multi-signature transaction that occurs on the blockchain and allows complete control of user funds. Released early last week, Copay can change the way bitcoin users think about transaction processes. Multi-signature technology eliminates having to rely on a third-party to store your bitcoins. Instead, what this technology brings to the table is an easy way to safely maintain possession of your funds, with a wallet that has a wide-range of use cases and will likely become the norm for […]

The post BitPay Releases Copay Beta – A New Multi-signature Wallet appeared first on Bitcoin Magazine.

Google Search now includes Bitcoin in its currency calculator, lending a little more legitimacy to the cryptocurrency.

Organized by GHash.io and CEX.io, attendees failed to agree on a fix but laid the foundation for possible solutions.

 This morning GHash.IO, a popular bitcoin mining pool, announced in a statement that in the future it will “not exceed more than 39.99% of the overall Bitcoin hashrate.” Earlier this year, GHash crested the 50% hashrate mark, sparking fears inside the bitcoin community regarding the so-called ’51% problem.’ The issue isn’t too hard to understand: If any one… Read More

Curious about cryptocurrency? Everyone is invited to learn the what and the how of bitcoin when The North American Bitcoin Conference descends on Chicago, July 19­-20. Coinbase and the College Cryptocurrency Network will present the Bitcoin Beginners Workshop, hosted by Pamela Morgan (Empowered Law), Will Pangman (Tapeke), and David Silva Smith (So What’s Bitcoin). This first-­of-­its-­kind workshop event will take place on both days of the conference. It will be free and open to the public, and all attendees will receive $10 worth of bitcoin, courtesy of Coinbase, for a truly hands­-on bitcoin experience. The hosts will provide a mini­-lecture explaining bitcoin basics followed by Q&A. Representatives of the College Cryptocurrency Network will be on hand to guide participants through […]

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Bitcoin, the digital currency in which transactions can be made without a central bank, increased in value substantially since it was created in 2008. In 2013, the price of one Bitcoin went from $13 to over $1,100. The value of the currency dropped this year after Bitcoin exchange company Mt. Gox shutdown in February and a false report was published about how the Chinese government banned the digital currency in the country. As of right now, the value of 1 Bitcoin is worth more than $600. Google has now made it easier to track these fluctuations by adding a Bitcoin tracking tool to its search website.

Venture capitalists will raise big money in 2014, the Blackberry marketplace will decompose faster than imagined and it's better to think of Bitcoin as a commodity than a currency, according to Silicon Valley VC firms Foundation Capital and Bain Capital Ventures.

Open source technology is fundamental to the cryptocurrency movement, and that’s a good thing. Bitcoin wouldn’t have the same appeal if it were copyrighted by a company, or if any of the underlying code were hidden from the public. The free and transparent nature of open source projects was necessary for the success of Bitcoin, and cryptocurrency appears ready to return the favor by decentralizing software distribution as we know it. One of the most important ideas to emerge from the movement so far are decentralized exchanges. These allow one to (without trusting a central authority) trade different cryptocurrencies on smart contract-enabled platforms like Counterparty, Mastercoin or Ethereum. The additional invention of smart property–the owners of which can be tracked using a blockchain–means that […]

The post How Cryptocurrency Opened the Software Industry appeared first on Bitcoin Magazine.

Open source technology is fundamental to the cryptocurrency movement, and that’s a good thing. Bitcoin wouldn’t have the same appeal if it were copyrighted by a company, or if any of the underlying code were hidden from the public. The free and transparent nature of open source projects was necessary for the success of Bitcoin, and cryptocurrency appears ready to return the favor by decentralizing software distribution as we know it. One of the most important ideas to emerge from the movement so far are decentralized exchanges. These allow one to (without trusting a central authority) trade different cryptocurrencies on smart contract-enabled platforms like Counterparty, Mastercoin or Ethereum. The additional invention of smart property–the owners of which can be tracked using a blockchain–means that […]

The post How Cryptocurrency Opened the Software Industry appeared first on Bitcoin Magazine.

There’s been some concern about Bitcoin transaction fees, lately, and the outlook appears grim. A new study by Dr. Kaskaloglu claims that our low fees are unsustainable, and Gavin Andreson’s proposed new system could raise them drastically. While changes will need to be made, eventually, most of this F.U.D. is unnecessary, and contrary to the ideals of Bitcoin. What’s true is that Bitcoin miners are subsidized by the reward for producing a block, and that the supply of new bitcoins decreases every 4 years. This will make miners increasingly reliant on transaction fees. A century and a half from now, transaction fees will be their only income, so how do we insure that people will continue to be willing to mine […]

The post Don’t Raise Bitcoin Transaction Fees appeared first on Bitcoin Magazine.

Russian hacking group wOrm, which managed to steal CNET’s user database, offered to sell the database for 1 BTC.

Die Internet-Suchmaschine Google hat seine Algorithmen angepasst, um bei bestimmten Suchbegriffen automatisch den Bitcoin-Wechselkurs und dessen zeitlichen Verlauf in Form eines kleinen Charts oberhalb der normalen Suchergebnisse darzustellen.

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Shares of media giants like Disney, Comcast, and Discovery Communications are all higher after The New York Times reported that 21st Century Fox made an offer for Time Warner.

In pre-market trade, Discovery shares were up nearly 3%, while Comcast — which owns NBC — advanced 0.9%, and ABC-owner Disney gained 0.8%.

The offer, according to The New York Times' Andrew Ross Sorkin and Michael De La Merced, was rejected by Time Warner and valued the company at a bit more than $85 per share. 

Following that report, other content providers are also ticking higher.

BI's Jay Yarow broke down some the dynamics at play in the cable industry, noting that a consolidation on the distribution side, like the deal for Comcast to buy Time Warner Cable and AT&T's play for DirecTV, will cause ripple effects on the content side. 

Following the initial report, 21st Century Fox issued a press release announcing that it is currently not in talks with Time Warner, but the market reaction from Time Warner seems that investors believe a deal for the company will happen one way or another. 

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In the first UK institutional investment into Bitcoin storage, Octopus Investments has invested $2m into Elliptic. It’s first product, Elliptic Vault, claims to be the world’s first ever insured Bitcoin storage service, which launched six months ago. Elliptic aims to offer suite of enterprise services that try to bridge the gap between traditional finance and digital assets.… Read More

If you’ve hung around BitcoinTalk for any length of time, you’re all too aware of the typical trolling and hate mongering that goes on. For a company to have an announcement thread four pages deep, with not a single complaint (and nothing but praise) is a truly remarkable achievement within the Bitcoin Community. What’s more, […]

The post Want to Buy And Sell Bitcoin Fast and Secure? Try CoinRNR appeared first on CryptoCoinsNews.

Google's live currency conversions now tell you what your cash is worth in bitcoin.

Read more...

The Isle-of-Man-based firm has barred transactions related to 'virtual currencies' in revisions to its customer agreement.

Let's assume that you've just spent more than $200,000 on some of Russ Ulbricht's Bitcoin fortune -- but what do you do with it now? If it were us, we'd sit on our couch, constantly referencing Coindesk to find out how much our stash had gained (or...

After Colorado and Washington voted to legalize marijuana, stocks such as CBIS and MJNA saw gains as high as 750%. MJNA moved from $0.03 to $0.36 a share, and CBIS rose from $0.032 a share to $0.293. They went through a stagnation period, then decline and now seem to have leveled off. Bitcoin went from […]

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Naomi Brockwell, known in the Bitcoin community as The Bitcoin Girl, released her music video to ‘Bitcoin Girl.’ With a feel-good tune and pumped-up drums, you just can’t help but smile at the song. The video is even more comical as a ‘Wall Street’ busybody falls in love with the Bitcoin Girl and pursues her […]

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The UK-based bitcoin storage firm has announced $2m in new funding led by Octopus Investments.

Open-order bitcoin exchange VBTC launched in Ho Chi Minh City recently, saying bitcoin's economic benefits outweigh the authorities' concerns.

Hong Kong Bitcoin Exchange ANX recently announced that they would be issuing the world’s first Bitcoin Debit Card. The first and second rounds of debit cards have already shipped to verified users, and I wanted to speak with someone at ANX about the announcement along with their plans. Ken Lo, Chief Executive Officer for ANX, […]

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