Coin News

Thousands of Snapchat pictures saved by third party app Snapsaved.com have been leaked to the public via the internet. While the public is not yet sure exactly how the pictures were stolen or released from Snapsaved.com, the community is in an uproar. The fiasco has been dubbed “The Snappening,” in recognition of a similar nickname […]

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On October 23 and 24, Bitcoin Magazine will be presenting live stream coverage of Living the New Economy Convergence in Oakland, California. This event will be bringing together more than 70 panelists from various fields to discuss the ideas and tools of an economy. Living the New Economy, is part of a global network of events that are taking place throughout the coming month, with aspirations to “inspire new collaborations, facilitate new project partnerships, accelerate the work of social entrepreneurs, and showcase local innovation”. Oakland’s part of the convergence will be a four-day event, October 23-26, but only the panel conversations will be broadcast here, during first two days. Topics of discussion include: Why Money Matters, Roots of the New Economy, Peer to […]

It’s been a rough few days for Dropbox. The popular cloud storage service recently had a bug in its Selective Sync system where many users suffered data loss. And if that weren’t bad enough, it looks like nearly 7 million Dropbox accounts may have been compromised. Dropbox is used by bitcoin users around the world, […]

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Bitnation is a Governance 2.0 platform powered by distributed blockchain technology. Bitnation aims to provide the same services provided by traditional governments, but in a geographically unbound, decentralized, and voluntary way. The Bitnation crowdsale of the XBNX altcoin, the traded equity stake in the foundation of Bitnation, started today. At the same time, the three […]

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The initial Storj crowdsale has finally come to a close, and the Storj team is pleased with the results, having raised at least 910 BTC. Although they are still hard at work on furthering development, the funding raised for their decentralized cloud storage platform exceeded their expectations. Storj, for the uninformed, is designed to allow users to store files over their peer-to-peer network. Using Metadisk, one can upload content to the network for distributed storage across its participating nodes; users either pay for this service in Storjcoin X–known as SJCX, the network’s native currency–or allow the network to store an equivalent amount of data on their own computer. This undercuts traditional corporate cloud storage services by an order of magnitude. […]

MIT researchers have developed a trading system that can almost double a bitcoin investment in under two months.

You’ve probably heard it many times if you frequently spread the good word about crypto. “Isn’t Bitcoin volatile? What if the price crashes?” By now, many POS systems offer free fiat conversion, alleviating some concern, but until the volatility of cryptocurrencies is addressed, most people will be unwilling to hold any. We need to find a way to fight the volatility that is inherent in Bitcoin. This doesn’t necessarily mean Bitcoin has to change; many people prefer to use a deflationary currency, especially those who like to save. Despite the skepticism of many altcoin critics, a currency can be better suited for some applications than others. Financial privacy, for example, is great for political activists, but more problematic when it comes […]

You’ve probably heard it many times if you frequently spread the good word about crypto. “Isn’t Bitcoin volatile? What if the price crashes?” By now, many POS systems offer free fiat conversion, alleviating some concern, but until the volatility of cryptocurrencies is addressed, most people will be unwilling to hold any. We need to find a way to fight the volatility that is inherent in Bitcoin. This doesn’t necessarily mean Bitcoin has to change; many people prefer to use a deflationary currency, especially those who like to save. Despite the skepticism of many altcoin critics, a currency can be better suited for some applications than others. Financial privacy, for example, is great for political activists, but more problematic when it comes […]

 Bitcoin is currently hovering at around $400 on Bitstamp, a rise of over $100 since last week’s doldrums. While there doesn’t seem to be a direct reason for the rise, BTC fans are pointing to the documentary called The Rise And Rise of Bitcoin as improving general sentiment. Public sentiment is one reason to invest in bitcoin but I doubt it’s the only one. The market is… Read More

Day two of the Hashers United Las Vegas bitcoin mining convention featured both practical and conceptual seminars.

For less than the cost of a Trezor Bitcoin Wallet, you can run a full Raspberry Pi Bitcoin node and help support the Bitcoin network. All you need is a Raspberry Pi model B or B+, a 32GB SD card and an Internet connection. Total cost: about $50 The Raspberry Pi isn’t like your desktop/laptop […]

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In 2014 we saw the release of the first hardware Bitcoin wallets. Now the unicorn is real: offline coins that can be spent, using an Internet-connected and even malware-infected computer, all without risk of losing your money. How is this possible? It’s important to first understand how bitcoins get stolen. To say that someone’s bitcoins are “on her computer” is actually a misleading statement. What is stored on a Bitcoin-owner’s computer is actually the private key that corresponds to her Bitcoin address (the public key). When the owner wants to spend her funds, her wallet software combines her private and public keys to create a signature—the digital equivalent of signing the back of a check. This digital signature unlocks the […]

Dave Lutz of JonesTrading has the top topics about which traders are talking about today:

Good Morning!  US Futures are higher, but well off the best levels of the overnight.   It’s encouraging that Russell is up 60bp, but that didn’t signal a strong session yesterday as the Oil and Gas sector was pummeled once again.   While Ebola headlines have subsided (Passengers on that Emirates flight in Boston have been cleared), yesterday’s gappy action in Airlines show that headline risk looms large (shoot first, then ask questions).   Low growth will remain in focus, as IEA slashes Oil demand estimates, and notes it will take sub $80 to start knocking US shale producers offline – while Light inflation readings overnight from India, Japan, UK, France and Spain, coupled with a horrific ZEW survey from Germany have Euro Players on the back foot, with the DAX off 75bp in decent volume.    The FTSE is outperforming, as a bid resurfaces in Tech shares, and the Miners are seeing a nice bounce.   Over in Asia, Tokyo returns from a 3day weekend to lose 2.4% as the Yen jumps, while China lost small.   Taiwan recovered 60bp from its 3% rout yesterday – but the standout winner is Aussie, gaining 1% as every industry group rallied, led by a 2.5% pop in the miners.

 Government Bond yields are sharply under pressure this AM, as the US Credit market returns to their desks.   The 30YY collapses below 3%, 10YY off 7bp and heading towards 2% as German paper trades near low yields – In Europe, there has been some focus on Greek Bonds getting hit as EU ministers’ debate bailout exit, but their paper is off the worst levels.    The $ is making gains against the Euro, but has lost it’s pre-morning bid against the Yen – key to watch that cross today.    Ruble hit again and Russian yields hit 5Y highs as Oil continues its downward trend - WTI nearing 2Y lows, Brent 4Y lows.  Despite the stronger dollar, there is a bid in some Metals, with Silver and Copper firmly in the green, followed by Gold hitting 4week highs.   Natty Gas continues to outperform in the energy complex, outperforming WTI by 4% and Gasoline by almost 6% in the last week

 Focus on Earnings today, with C, JPM, WFC, INTC, and JNJ all posting numbers.    The Banks outperformed yesterday into earnings, JPM were numbers released early - profit misses, revs beat, stock is off small.    Watch Luxury Goods – Mulberry off 20% and Burberry 4% in London on weak #s.  LVMH after the close today.   With the rout in Semis since MCHP, heavy focus will me on LLTC (MCHP comp) and INTC tonight.    Aside from earnings, we get NFIB Small Business Optimism at 7:30, a $1B POMO at 11, and API data tonight for the Crude Complex ahead of inflation data tonight from China.

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Bitcoin was discussed at the annual International Monetary Fund and World Bank meeting held in Washington, DC, this weekend.

Bitcoin Group is to be listed on the Australian Stock Exchange in mid-November, becoming the world’s first publically floated Bitcoin trading company. Following the positive guidance from the Australian Tax Office on the treatment of Digital Currencies, Bitcoin Group will be the first Bitcoin company on the Australian Stock Exchange, in the world’s first official […]

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The campaign aims to fund legal action against Newsweek on behalf of the man accused of being bitcoin's inventor.

Back in March, Newsweek alleged that Dorian Nakamoto was the creator of Bitcoin. Now, though, Nakamoto is raising funds in the cryptocurrency to file a lawsuit against the publication, which refuses to retract its article.

Read more...

In a move that is sure to bring more attention to the umbrella of colored coins projects currently in development on top of the Bitcoin protocol, issuers of colored coins can now list their assets on MasterXchange. This online exchange was started as a hub for trading bitcoins and mastercoins, and it has more recently […]

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In a move that is sure to bring more attention to the umbrella of colored coins projects currently in development on top of the Bitcoin protocol, issuers of colored coins can now list their assets on MasterXchange. This online exchange was started as a hub for trading bitcoins and mastercoins, and it has more recently […]

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 After last week’s Snapchat photo hack, it’s cloud storage provider Dropbox’s turn in the unsavory insecurity spotlight. An anonymous Pastebin user has claimed to have compromised almost seven million Dropbox account credentials (emails and passwords), posting the first 400 direct to Pastebin with a call for Bitcoin donations to leak more. Read More

The price of Bitcoin is back above $400 and growing. This shows that traders are confident in Bitcoin again. This may be due to the popularity of the recently released film “The Rise and Rise of Bitcoin“, which is currently the #3 documentary on iTunes. This story is being updated. Images from Bitstamp and Shutterstock.

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Bitcoin startup Bitshares is on a quest to make peer-to-peer music sharing profitable. The company intends to do so through the application of the blockchain technology to music file sharing. Peer-to-peer music file sharing is not a new concept. The original iteration of P2P music sharing, Napster changed music forever through its use. BitShares Music […]

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The Bitcoin price hit $400 in the Bitstamp exchange chart. Price is currently trading in the $390s and looks set to establish trade above $400 in the coming days. Meanwhile, delving further into yesterday’s special IMF report, a message to the banking sector emerges: Manage Perceptions. Also read: Banking Elite Meet In Washington to Discuss […]

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March was a busy month for Dorian Satoshi Nakamoto -- Newsweek named him as the "face behind Bitcoin," a cryptocurrency the California resident claims to have only heard about a few weeks before the article's publication. Nakamoto hired a lawyer and...

Are you looking to buy real estate in Brazil? It is now possible to do so using Bitcoin. TECNISA, a Brazilian real estate company, based in Sao Paolo accepts bitcoin. In addition, TECNISA provides incentives to its clients to use bitcoin. For example, for every R$ 10,000 (approximately 10.5 BTC) paid in bitcoin you get a discount […]

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 Dorian Satoshi Nakamoto, the man Newsweek claimed was the mysterious founder of Bitcoin, has created a web page asking for donations in his fight to sue the magazine after he was allegedly “targeted and victimized by a reckless news organization.” The site, NewsweekLied, is an effort to hold the magazine accountable for “confusing” the 65-year-old unemployed engineer… Read More

Over the past seven days, eight of the top ten altcoins have decreased in price. Six of these, including the litecoin price, the Dogecoin price, and the Darkcoin price have fallen by more than 10%. CCN examines this altcoin price decline. Also read: Litecoin Price Fails to Recover From Bitcoin Price Panic Litecoin Price Falls […]

The post Litecoin Price Falls 11% Amid Widespread Altcoin Decline appeared first on CryptoCoinsNews.

Over the past seven days, eight of the top ten altcoins have decreased in price. Six of these, including the litecoin price, the Dogecoin price, and the Darkcoin price have fallen by more than 10%. CCN examines this altcoin price decline. Also read: Litecoin Price Fails to Recover From Bitcoin Price Panic Litecoin Price Falls […]

The post Litecoin Price Falls 11% Amid Widespread Altcoin Decline appeared first on CryptoCoinsNews.

Over the past seven days, eight of the top ten altcoins have decreased in price. Six of these, including the litecoin price, the Dogecoin price, and the Darkcoin price have fallen by more than 10%. CCN examines this altcoin price decline. Also read: Litecoin Price Fails to Recover From Bitcoin Price Panic Litecoin Price Falls […]

The post Litecoin Price Falls 11% Amid Widespread Altcoin Decline appeared first on CryptoCoinsNews.