Coin News

As of next month, Capital Treasury Services (CTS) will seize to work with the digital currency business in the Isle of Man. An unexpected statement considering the strong support for cryptocurrencies that was given by Isle of Man’s government. Unfortunately, there seem to be more requirements for a thriving cryptocurrency environment. CTS was active in […]

The post Bitcoin Tumbles: Banks Shut Down Bitcoin in Isle of Man appeared first on CryptoCoinsNews.

Reddit is conducting a trial to determine whether to integrate bitcoin payments more fully into its advertising.

The team behind CEX.io and GHash.io is launching an open API for building bitcoin applications.

XCurrency’s hotly anticipated finalization of its private payments technology will allow nodes to earn revenue for trustlessly forwarding transactions. XCurrency is set to release its finalised Rev 2 technology on Monday 15 September, and in addition to a yet-to-be-announced “coinjoin killer” feature, XC’s apps will gain the capacity to earn fees for the trustless mixing of transactions. This will incentivise users to bolster the network’s security, increase its capacity to process private transactions, and of course represent remuneration opportunities for XC users. In contrast to other cryptocurrency projects, XC’s “Privacy Mode” is fully decentralised and does not make use of “supernodes,” as many coinjoin-based projects do. As a result, XCurrency gains true privacy without sacrificing security. XC-based payments are flexibly […]

The post Introducing the Xmixer: Earn Revenue with XCurrency’s Trustless Mixing appeared first on Bitcoin Magazine.

Julian Assange, the founder of WikiLeaks, still confined in the Ecuador embassy in London, revealed interesting bits of WikiLeaks – and Bitcoin – history in an AMA (Ask Me Anything) open Q/A session on Reddit today. The AMA was dedicated to Assange’s new book “When Google Met WikiLeaks.” Julian Assange Saves Bitcoin from WikiLeaks In […]

The post WikiLeaks’ Julian Assange May have Saved Bitcoin appeared first on CryptoCoinsNews.

The link between bitcoin companies and banks in the Isle of Man is to be severed next month.

On October 3rd at The SpinBin at 310 Dalhousie St., Ottawa-based not-for-profit Ottawa Charity Ping Pong will become the first organization of its kind locally to accept bitcoin donations. Resilient 21, a local Ottawa-based Bitcoin consulting firm, has set the corporation up using CAVIRTEX merchant solutions. Many companies are turning to bitcoin as a method of payment due to its many benefits: it’s quick, it’s easy and it is less expensive than traditional payment methods. Charities who operate mostly on a donation basis rely on this source of funding to operate, making every cent valuable. CAVIRTEX takes .75% on transactions when converted immediately to dollars or 0% if kept in bitcoin, which is much less when compared to donations made […]

The post First Ottawa-based Not-For-Profit to Accept Bitcoin appeared first on Bitcoin Magazine.

Bitfinex recently announced that they will begin selling mining contracts. BitFinex is a popular Bitcoin trading platform currently with the fourth-largest 24-hour trade volume out of all the Bitcoin exchanges. The mining contracts went live at 9 AM EDT 9/15/14. You can read Bitfinex’s announcement of the contracts on their website. Bitfinex considers the mining contracts to be […]

The post Bitfinex to Begin Selling Bitcoin Cloudmining Contracts appeared first on CryptoCoinsNews.

Following the two presentations made by Ethereum CEO’s Gavin Wood “Crypto-Law, What is it and why should I care” and Smart Equity AG’s CEO Michael Geike “Is Blockchain technology the solution to the world’s most urgent issues” at Inside Bitcoin London, here are some insights brought to you by CryptoCoinsNews from these industry leaders on […]

The post How Can the Bitcoin Blockchain Help Humanity? appeared first on CryptoCoinsNews.

The Digital Currency Council is now offering bitcoin industry accreditation to accountants, attorneys and financial professionals.

“Show before you tell” was what I was told when I tried writing fiction at age fifteen on breaks from computer programming.  It’s often harder to engage than explain, something that the Bitcoin world hasn’t succeeded at. This will change with the Bitcoin comic. Like almost everyone who reads Bitcoin Magazine, I have often struggled to explain my excitement and enthusiasm for Bitcoin to friends and family. I often thought that what we need is more compelling storytelling to share the idea of Bitcoin with a larger audience. In many ways, it’s important to engage before you seek to explain. To show before you tell. But the complexities of Bitcoin make it a difficult thing to show. That’s why I […]

The post Why We Need to Support the Bitcoin Comic appeared first on Bitcoin Magazine.

Julian Assange has described key events and discussions between bitcoin's founder and WikiLeaks back in 2010.

The Asian morning session has pulled the Bitcoin price below the weekly pivot level at $476. The question is what the European and US trading sessions will do with today’s chart. If the market wants to take a stab at the $412 target, then today presents that opportunity. With each downtick, the conditions increasingly favor […]

The post Bitcoin Price and Lessons From Japan appeared first on CryptoCoinsNews.

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin […]

The post What is Cryptocurrency? appeared first on CryptoCoinsNews.

The central bank of Bangladesh has ruled that bitcoin use is prohibited under the country's anti-money laundering laws.

The New York State Department of Financial Services has released a proposal for regulating the use of cryptocurrency. It is informally known as “Bitlicense”. Check it out here. The puoposal is currently in a “comment period”, where many individuals in the bitcoin industry, including Circle CEO Jeremy Allaire and Bobby Lee, founder of BTC China, have expressed their opinions; they have claimed it to be an innovation blocker. Many others, however, believe that this is a step towards legitimization for cryptocurrencies. One individual, Tone Vays, a Bitcoin Analyst and risk analysis veteran on Wall Street, and creator of LibertyLifeTrail has helped provided some new insight on Bitlicense. “I think the Bitcoin should get a chance and the benefit of the […]

The post IntLicense: NYC’s 1994 Internet Regulation Proposal appeared first on Bitcoin Magazine.

On a day when the price of Bitcoin and many altcoins fell, the Blackcoin price has exploded due to increased trading volume on the Chinese exchange BTC38.  CCN examines this altcoin price update to help traders make informed investing decisions. Blackcoin Price Blasts Off Just last week, CCN profiled Blackcoin’s the moderate price rise which pulled the altcoin out […]

The post Chinese Investment Fuels Blackcoin Price Explosion appeared first on CryptoCoinsNews.

On a day when the price of Bitcoin and many altcoins fell, the Blackcoin price has exploded due to increased trading volume on the Chinese exchange BTC38.  CCN examines this altcoin price update to help traders make informed investing decisions. Blackcoin Price Blasts Off Just last week, CCN profiled Blackcoin’s the moderate price rise which pulled the altcoin out […]

The post Chinese Investment Fuels Blackcoin Price Explosion appeared first on CryptoCoinsNews.

Bitfinex has launched a beta version of a new tradable mining contract asset.

While in NYC last week at a Bitcoin developer’s meeting I met two interesting guys behind a new payment network called Easybitz, that allows merchants to be set up with bitcoin without even needing internet. A true Bitcoin innovation. In addition to getting a sneak-peek of their impressive mobile merchant app, I got to interview the creators, […]

The post EasyBitz: Simplifying Bitcoin Adoption appeared first on CryptoCoinsNews.