Coin News

Bitcoin ATM operator and brokerage LibertyX has raised just over $400,000 in funding from venture capital firm Project 11.

London-based bitcoin startup Cubits has launched a new bitcoin web app for user-friendly and fast bitcoin transactions.

An anonymous Dogecoin lover recently uploaded a torrent that appears to contain the delightful Mac OS X knockoff built by North Korea. While it's not news that the DPRK created its own a Linux-based operating system that looks just like OS X , it's pretty funny that you can now play with what looks like a copy of it.

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CoinDesk looks into the recent controversy surrounding US-based crypto mining company GAW Miners and its recently launched altcoin, paycoin.

The world’s most popular Bitcoin exchange since the fall of Mt. Gox, BitStamp, as you may already know, is currently unavailable due to a hack that made off with nearly 19,000 BTC. Last night, Nejc Kodrič, CEO of the company, posted to Twitter two very important pieces of information. One, if you had a deposit […]

The post Bitcoin Exchange Bitstamp Still “Rebuilding,” Customers Anguished appeared first on CryptoCoinsNews.

Infamous Bitcoin mining company Butterfly Labs (BFL) has reopened and has an updated website following their tussle with the FTC. The FTC started investigating Butterfly Labs in late 2014 because “consumers who have purchased the machines or services cannot use them to generate Bitcoins because Defendants [Butterfly Labs] never provide them with the machines or services.” […]

The post Bitcoin Mining Company Butterfly Labs (BFL) Reopens; Starts Issuing Refunds appeared first on CryptoCoinsNews.

Precious metals dealer Amagi Metals is now paying its entire staff in bitcoin in order to divorce the US Dollar by 2017.

The Bitcoin exchange, which shut down following a security breach, says it will begin trading the virtual currency again within the next day or so

Coinbase has launched its redesigned Android and iOS mobile apps, allowing users to instantly buy and sell bitcoin in 19 countries.

 As if we needed a case study to show us, we saw, with vivid clarity, what can happen when hackers run amok inside servers and start sharing confidential business content with the world — and we learned it gets ugly in a hurry. We’re less than a week into the new year and already we’ve seen a major Bitcoin attack. You know that it’s only a matter of time before we… Read More

ChangeTip, a bitcoin micropayment startup, announced the release of a new feature: the One Time Tip Link. This new feature allows users to send bitcoins over email, chat messages, Skype, SMS/text. Users can log into their ChangeTip account, navigate to “One Time Tip” and there they can choose the amount of money they want to […]

The post ChangeTip Introduces A One Time Tip Link appeared first on CryptoCoinsNews.

CoinDesk's latest State of Bitcoin report features an analysis of the highs and lows of last year, as well as a look ahead to what 2015 might bring.

Mega porn site xHamster has not only accepted Bitcoin as a prime way to receive online payments, but is very happy with the results and is looking to expand services with the leading digital currency. Over the last six months, xHamster and many others have joined Bitcoin as a new way to pay online going […]

The post Mega Porn Site xHamster and Many Other Top 100 Websites Accept Bitcoin appeared first on CryptoCoinsNews.

ICE3X has launched Nigeria's first bitcoin exchange, opening up a potentially huge market for the digital currency in Africa's most populous country.

LJUBLJANA (Reuters) - Bitstamp, one of the largest exchanges for the digital bitcoin currency, said on Wednesday it expected to resume trading within 24 hours after suspending operations because of a security breach on Sunday.

Customers would not lose money because of the breach and security would be increased, said Damijan Merlak, one of Bitstamp's two Slovenian founders.

Bitstamp had suspended its service after the breach resulted in the loss of around 19,000 bitcoins with a value of some $5 million.

"Trading will resume as soon as the new infrastructure will be in place and tested. We expect that is likely to happen within the next 24 hours," Merlak told Reuters in an emailed message on Wednesday.

"In the future we will strengthen security measures while the most important thing for clients is that they will suffer no financial damage as that will be covered by our company," Merlak added.

He gave no further details of the problem.

Last 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 exchanges, lost an estimated $650 million worth of the virtual currency when its computer system was hacked.

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

Bitstamp had said it believed one of its wallets, which store the digital credentials for a customer's bitcoin holdings, had been compromised.

It had notified all customers after learning of the breach, requesting them not to make any deposits to previously issued bitcoin deposit addresses.

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.

A bitcoin is currently worth $276.80 .

Merlak is one of two Slovenians who founded Bitstamp in 2011. The company has made its two founders millionaires, according to the Slovenian media.

(Reporting By Marja Novak; editing by Keith Weir)

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Bitcoin entrepreneur and activist Roger Ver has been denied a non-immigrant visa to visit his native USA for a third time.

Bitcoin’s main problem is that every transaction is public. Such a feature makes it difficult to launder stolen bitcoins. Take this $5m thief as the example. The person controlling 19,000 of Bitstamp’s coins has a problem. Anyone can follow the coins as they move between addresses. Lucky for them (or not as we’ll see), there exist […]

The post How to Launder Stolen Bitcoins appeared first on CryptoCoinsNews.

Bitcoin Price continues making higher highs in cautious trade above rising support. Confirmation of a larger degree uptrend is not yet in evidence, but we do have sufficient signals for an intermediate price advance. The Bitcoin Price has been surprisingly active given the service hiatus of one of the largest Bitcoin exchanges. Said Bitcoin exchange, […]

The post Bitcoin Price Intermediate Advance without Bitstamp appeared first on CryptoCoinsNews.

Bitcoin investor Marc Andreessen has said that he stands by Bitcoin. His statements comes in the wake of the poor start that Bitcoin has had in the opening hours and days of 2015. He shared his thoughts with the world via 26 Twitter messages in which he held court on the various arguments that have been made […]

The post Why Marc Andreessen Will Stand by Bitcoin in 2015 appeared first on CryptoCoinsNews.

In a new report, Wedbush predicts bitcoin will continue to improve its infrastructure while taking hold in certain use cases in 2015.

Kepler just can't stop discovering exoplanets. Nearly two years after scientists said it was crippled, the planet-hunting telescope recently identified eight new planets. But that's not all. They're all in the Goldilocks zone of their respective stars, and two of them are more Earth-like than anything astronomers have ever seen.

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