Coin News

BitPay has made its open source multi-signature bitcoin wallet Copay available for free on the Windows Phone app store.

During CES 2015, one of the largest technology conferences in the United States, a bitcoin ATM company plans to host an unveiling of their new machine. For tech junkies in the area or those visiting the CES conference, Coin Cloud is hosting their launch party for their new product at Goldspike Hotel & Casino. Not only […]

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Coin Center, an educational and research institution, today launched its website with the aim of focusing on public policy issues facing Bitcoin and other cryptocurrencies. Coin Center, “a new voice for Bitcoin,” announced the launch of its website and its mission: “To build a better understanding of the technology in order to promote a regulatory climate that […]

The post Coin Center Launches Website amid Uncertain Bitcoin Regulatory Environment appeared first on CryptoCoinsNews.

Breach follows massive hack of Mt. Gox in 2014

Non-profit advocacy group Coin Center has launched its website with a focus on public policy issues related to cryptocurrencies.

From 2008 to date, no other technology has been the subject of such fervent debate. Irrespective of your opinion, the rise in popularity of cryptocurrencies cannot be ignored. Today, there are a number of billion dollar businesses that accept Bitcoin as a form of payment. These include Dell, Reddit, Expedia, PayPal, and most recently, Microsoft. […]

The post Block Chain 2.0: The Renaissance of Money appeared first on WIRED.

By implementing a peer-to-peer marketplace for users, the startup is expanding beyond just secure messaging with bitcoin.

Bitcoin Price is holding above support in quiet trade. The wave action has not moved away from the low struck on Sunday in a decisive manner, and we can only wait for clues about the next move. Bitcoin Price Analysis Time of analysis: 15h00 UTC Some readers have asked about the timing and implications of […]

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The cost of servicing Japanese government debt used to be famously low. So famous, in fact, that falling bond yields (the common measure of how costly it is for a government to issue debt) is called "Japanification."

But Germany is now giving Japan a run for its money: Europe's biggest economy just saw its very long-term bond yields drop to an even lower level. Japan's 30-year yields ended trading Tuesday with a yield of 1.168%. Germany's 30-year yields dropped as low as 1.137% today.

 Here's what it looks like:

It's only the second time in history this has happened. Japan's yields are falling too, but its downward spiral has been a lot slower. Germany's 30-year bonds yielded about twice as much as Japan's as recently as the beginning of 2008. The yields crossed over in June 2012, when the spectre of a eurozone breakup was still haunting the continent.

Since September, Germany's six-month-, one year-, two-, four- and five-year bonds have all plunged into negative yield territory. That means the investors are effectively paying for the privilege of holding onto the German government's debts. 

French, Dutch, Austrian, Belgian, and Finnish 10-year yields hit record lows today too, according to Twitter's Fabrizio Goria. 

Japan used to be a strange creature in bond markets. Incredibly low yields separated it from the world's other large, advanced economies. That isn't the case any more. Japan also used to stand out because of its low inflation, but at 0.1%, Germany's price growth is even lower than Japan's.  

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Bitstamp co-founder Damijan Merlak said that Bitstamp plans to resume its operations in the next 24 hours. Bitstamp service was temporarily suspended service as a result of a Bitcoin wallet breach. Bitstamp CEO Nejc Kodrič confirmed in a statement that “less than 19,000 BTC” was stolen due to a Bitstamp operational wallet being compromised. At […]

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The Chamber of Digital Commerce will present data to the US Treasury on banking problems faced by digital currency startups at a meeting next week.

The post Bitcoin Foundation – February Elections appeared first on CryptoCoinsNews.

Bitstamp recently came out that their hot wallet was hacked causing them to lose ~18,866 BTC (~$5 MILLION USD). This incident is bad for the exchange as well as for Bitcoin. What many do not think about is how it can cause issues for other companies. One company that reacted quickly to the situation is […]

The post BitPay Explains How They Handle It When Exchanges Go Down Like Bitstamp’s Recent Outage appeared first on CryptoCoinsNews.

Popular digital game reseller Green Man Gaming says bitcoin sales reached 5% during the winter holiday period.

(Reuters) - Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has temporarily suspended service after "some" of its "operational wallets were compromised" on Sunday, resulting in loss of about 19,000 bitcoins.

The breach represented "a small fraction" of its total bitcoin reserve and the majority was held in secure offline cold storage systems, Bitstamp posted on its website on Tuesday. (http://bit.ly/1eTIPEt)

The Slovenia-based firm – which said on Monday it believed one of its operational wallets had been compromised – did not give further details on the breach.

Bitstamp said on Tuesday it had notified all customers after learning of the breach, requesting them not to make any deposits to previously issued bitcoin deposit addresses.

"We would like to reassure all Bitstamp customers that their balances held prior to our temporary suspension of services will not be affected and will be honored in full," the exchange said.

Bitcoin, the best-known virtual currency, started circulating in 2009. Unlike conventional money, bitcoin is generated by computers and is independent of control or backing by any government.

In February, Bitstamp claimed that developers had come up with a solution to thwart cyber attacks against its platform after Mt. Gox, once the world's biggest bitcoin exchange, lost an estimated $650 million worth of customer bitcoin when its faulty computer system was hacked.

(Reporting By Shivam Srivastava in Bengaluru; Editing by Savio D'Souza)

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Bitstamp has just suspended its Bitcoin exchange services, because some of its operational wallets have been compromised. And, while it's nowhere near the scale of the Mt. Gox debacle (850,000 Bitcoins gone), the company says hackers still made off w...

Just less than a year after Mt. Gox was brought to its knees by hackers, another massive exchange, UK-based Bitstamp, loses as much as $5.2m in Bitcoin. The company is now working with law enforcement to determine how the attackers broke into one of its wallets.

Bitcoin exchange BitMEX have announced the introduction of a futures contract for Bitcoin, in a much-needed shot in the arm for the cryptocurrency who fortunes have been ebbing lately. Bitcoin has been disappointing over the past few days. Just when it was announced that it was the worst performing currency in all of 2014, then […]

The post BitMEX Launches Bitcoin Volatility Futures Contracts appeared first on CryptoCoinsNews.

Gems, the social messaging app with a built-in Bitcoin wallet, announced today that it has raised $400,000 from venture capitalist Magma Venture Partners. Gems is a new social messenger service that includes Bitcoin wallet and rewards its users for the use of the messaging service, thanks to its own altcoin named GEMZ. Users can then transfer […]

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Gems, the social messaging app with a built-in Bitcoin wallet, announced today that it has raised $400,000 from venture capitalist Magma Venture Partners. Gems is a new social messenger service that includes Bitcoin wallet and rewards its users for the use of the messaging service, thanks to its own altcoin named GEMZ. Users can then transfer […]

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The surprise closure of leading bitcoin exchange Bitstamp today caused a small but visible ripple throughout the larger ecosystem.

The surprise closure of leading bitcoin exchange Bitstamp today caused a small but visible ripple throughout the larger ecosystem.

In response to the recent controversy and Litecoin asking to be delisted from Coin-Swap, GAW Miners CEO Josh Garza has challenged Litecoin Association director Andrew Vegetabile to an open, public debate. In short, after GAW Miners acquired Coin-Swap cryptocurrency exchange, Andrew quickly asked for Litecoin to be delisted due to his personal ethical concerns. After hearing about […]

The post Josh Garza of PayCoin Challenges Litecoin Association Director to Public Debate Following Request to Delist appeared first on CryptoCoinsNews.

Bitstamp CEO Nejc Kodrič has confirmed in a statement that “less than 19,000 BTC” was stolen due to a Bitstamp operational wallet being compromised. CCN has previously reported on this Bitcoin wallet, which seems to hold 18,886 BTC that was clearly siphoned away from Bitstamp hot wallets during the alleged timeframe of the Bitstamp hack.  Notably, Kodrič […]

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