Coin News

BitFury has raised $20m in new funding to power further chip development and data centre expansion.

Many in the cryptocurrency community cringe at the thought of having their transaction history made publicly available on the blockchain, which has sparked the creation of a number of altcoins designed to bring privacy to cryptocurrency. Darkcoin is the most well-known privacy-centric coin, but it was not the first. Released in June 2013, the aptly-named […]

The post Anoncoin Price Bursts Out of the Shadows appeared first on CryptoCoinsNews.

A Filipino lawmaker has introduced a bill to create an E-Peso that mandates bitcoin be studied for the project.

Amid the FTC injunction of Butterfly Labs additional insight was gleaned about the operations of the company. Butterfly Labs (BFL) sells high-performance computers that are designed solely for mining Bitcoin. BFL operated primarily on a pre-order basis that meant customers knew they would be ordering a product that would not be ready for some time–but customers were not forewarned of the wait time which according to the FTC would include “delays ranging from from six months to one year.” In the world of mining, time of delivery is one of the crucial factors that miners consider before deciding to invest their hard earned money in mining equipment at any price point. The nature of the Bitcoin network makes mining rig […]

The post Butterfly Labs Asset Seizure Spurs On Mining Industry Competition appeared first on Bitcoin Magazine.

Korean bitcoin startup Devign Lab has closed a $200k seed round lead by VC firm K Cube Ventures.

The rise of Bitcoin, the digital cryptocurrency, has resurrected the hope of facilitating easy micropayments for content online, writes Walter Isaacson on Time Magazine. Isaacson is the author of the recently published “The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution.” Producing compelling content in journalism and the art takes time, […]

The post Bitcoin Micropayments Can Save The Arts appeared first on CryptoCoinsNews.

CoinDesk speaks with Russian entrepreneurs who have had to shift market focus following government threats of bitcoin prohibition.

This op-ed is all about inspiring you to look at the future from a different perspective. Getting you to look at the world, at Bitcoin, and how they fit together in a totally different fashion. People today are all caught up in the US Dollar price of Bitcoin and the ups-and-downs of Bitcoin’s value relative […]

The post Bitcoin Can Make History, If We Go Back To The Future appeared first on CryptoCoinsNews.

In a keynote address at Inside Bitcoins Las Vegas, Overstock.com CEO Patrick Byrne announced a partnership with Counterparty on a project code-named Medici, a front-end and portal to the decentralized stock exchange of the Counterparty platform. The shared goal is to build a cutting-edge stock market on top of the Bitcoin blockchain, and help Bitcoin […]

The post Medici Will Be A Real Bitcoin 2.0 Stock Exchange appeared first on CryptoCoinsNews.

Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor at The Cobden Centre, and gives his views on what Bitcoin means for commerce, finance, and the dollar itself. Max Rangeley: How have you found the reactions to Bitcoin within the Fed? Dr David Andolfatto: Bitcoin is barely on the radar screen for most Fed researchers and policymakers. This is to be expected, given the large size of the Fed’s balance sheet and the debate over how to conduct monetary policy with the existence of large excess reserves. But I am […]

The post Interview with St. Louis Fed Vice President on Bitcoin appeared first on Bitcoin Magazine.

Dutch hackers have started hijacking laptops showcased in retail stores and using them to mine bitcoin.

Even in our world of fiat currencies, you often hear people saying that only metal or commodity-backed money count as “true money”. Gold standard is Paradise Lost and we, the unfortunate descendants of monetary equivalents of Adam and Eve, are punished by having to put up with “fake money” conjured up by fraudulent central banks. Bitcoin is not that different in the sense that it, too, is backed by nothing – some may argue that it is backed by math or the ingenious design of proof of work. But as the latest price movements seem to suggest, the electricity bill doesn’t translate into prices very well.

So if you’re a frequent CCN reader, you probably have seen the word ‘TOR‘ come by in a few articles. The Onion Router is an open network that allows users to browse the internet anonymously. Because it is open-source, the TOR network is free to use for anyone who wants to make sure his or […]

The post How to Earn Bitcoin by Turning Your Android Device into a Tor Node appeared first on CryptoCoinsNews.

Andreas M. Antonopoulos promoted Bitcoin at the 11th meeting of the Canadian Senate Committee on Banking, Trade and Commerce, on October 8th, 2014, dedicated to the Committee’s study on the use of digital currency. In Canada, the public debate surrounding Bitcoin and cryptocurrencies is currently being formalized as the official “Study on the use of […]

The post Andreas Antonopoulos Explains Bitcoin to the Canadian Senate appeared first on CryptoCoinsNews.

Bitcoin ASIC Hosting based out of Seattle Washington made a key deal with Dell to hosting miners in Quincy WA data center. Dell with it’s recent move to accept Bitcoin payments has been opening even more doors to the Cryptocurrency world. When Bitcoin ASIC Hosting went looking for a facility to host in, they contacted […]

The post Bitcoin ASIC Hosting Strikes Deal With Dell for Data Center Miner Hosting appeared first on CryptoCoinsNews.

The Federal Open Market Committee has surprised markets by speaking in dovish tones about the US and the global economy. While many people expect the Fed… and we examine the implications for the economy and Bitcoin. Meanwhile, the Bitcoin Price, along with Gold, continues advancing. The layout of the article has changed. Bitcoin price analysis […]

The post Bitcoin Price and the Federal Reserve appeared first on CryptoCoinsNews.

Bitcoin evangelist and 'guru' Andreas Antonopoulos today appeared before the Canadian Senate to answer questions about decentralization and security.

As described in a blog post released today, the Bitcoin Foundation has submitted a second public comment to the NYDFS’s proposed BitLicense public comment period. The NYDFS has refused to reveal the “needs and benefits” justifications, which are legally required, for the BitLicense’s severity. In this comment, Bitcoin Foundation General Policy Counsel Jim Harper emphasized that: […]

The post Bitcoin Foundation Condemns Lack of Transparency in New York BitLicense appeared first on CryptoCoinsNews.

On October 6, Overstock announced the online retailer had hired two Counterparty developers to build a decentralized stock-exchange, code-named “Medici.” CEO Patrick Byrne confirmed the stock exchange would be built atop Counterparty during his speech at the Inside Bitcoins Conference in Las Vegas. The announcement immediately caused the Counterparty price to surge (Counterparty’s native currency […]

The post Counterparty Price Falls After Overstock Spike appeared first on CryptoCoinsNews.

Serbia's bitcoin community intends to step up public awareness efforts after a central bank warning.