Coin News

Long before the Department of Homeland Security set its sights on a 29-year-old named Ross Ulbricht, the agency had another surprising suspect in mind as the possible creator and administrator of the Silk Road’s massive online drug market: Mark Karpeles, the chief executive of the then-world’s-biggest bitcoin exchange, Mt. Gox. In response to cross examination […]

The post DHS Believed Mt. Gox CEO Might Have Been Silk Road’s Secret Mastermind appeared first on WIRED.

Payment gateway EgoPay has frozen accounts belonging to a number of its clients, including cryptocurrency exchanges such as BTC-e and Bitmarket.pl.

Many have quipped that the cryptocurrency known as bitcoin are really "prosecution futures," because rather than being anonymous, bitcoins can be remarkably easy to trace since every transaction between pseudonymous addresses is publicly recorded. With the ongoing trial of Ross Ulbricht over allegations that he was the kingpin known as the Dread Pirate Roberts behind the Silk Road online drug marketplace, this may be put to the test.

 Welcome to the very first episode of TCBTC, TechCrunch’s new, weekly, bitcoin-focused podcast. It has been a turbulent 2015 thus far for the cryptocurrency, making it a perfect moment to take stock of the year’s price swings and make a few predictions about what is coming next. Read More

BlockCypher, a startup that provides a complete set of services for bitcoin developers, just closed a $3.1M seed round conducted by VC firms Boost VC, 500 Startups, Crypto Currency Partners and New Enterprise Associates (NEA). Individuals such as the former hip-hop artist NAS, Jesse Draper and Shawn Byers also participated in this round. Also read: Nas […]

The post Bitcoin API Startup BlockCypher Raises $3.1M from Nas and More appeared first on CryptoCoinsNews.

Vogogo is now offering its fraud mitigation services to bitcoin businesses free of charge for three months.

Bitcoin Magazine Is Better than Ever! Bitcoin Magazine is the oldest surviving media outlet in the cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice for the Bitcoin community at large–representing the most diverse groups of individuals in commerce today. However, as Bitcoin has grown from a nascent technology to a financial juggernaut, the magazine has faced challenges scaling itself to the ever-increasing needs of its core community, not to mention its expanding rings of […]

The post Bitcoin Magazine Joins the Growing BTC Media Family appeared first on Bitcoin Magazine.

Check out the Bitcoin Magazine Store, where you’ll find special values on single and bundled back issues of the authentic voice of the cryptocurrency community. Take advantage of the last remaining artifacts of the original Bitcoin Magazine–offering you a limited-time opportunity to complete your magazine collection and own a piece of Bitcoin history. As a gift to the Bitcoin community, we’ve also made all past issues available for download as DRM-free, pay-what-you-want PDFs.

The post Last Issues of Original Bitcoin Magazine on Sale Now! appeared first on Bitcoin Magazine.

Bitcoin has taken the world by storm. Yet when most people hear about it, whether for the first or the tenth time, they have one simple question: “What is it?” Like an automobile, Bitcoin is very technically advanced, and it can be extremely complicated, depending on how much you want to know about it. But also like an automobile, you don’t actually need to know much about Bitcoin’s technical details in order to use it—and in order for it to change the way you look at the world. Here’s what you need to know. Generally speaking, Bitcoin is two things: A payment network (“Bitcoin”); The currency unit used on that network (“bitcoins”). Thus, as both a payment network and the […]

The post What is Bitcoin? appeared first on Bitcoin Magazine.

January 21, 2015 My name is David Bailey, CEO of BTC Media LLC (better known as publisher of yBitcoin magazine), and I’m very proud to announce that we’ve officially acquired Bitcoin Magazine! I wanted to let you know first, prior to our official press release, in appreciation of your loyalty to Bitcoin Magazine. As you know, Bitcoin Magazine is the oldest media outlet in the entire cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice […]

The post A Letter to the Bitcoin Magazine Subscribers appeared first on Bitcoin Magazine.

We all have what feels like an intrinsic understanding of value, though it is actually learned as we come to know our world. A gold bar has value, an empty soda can, not so much. When we encounter new things it’s usually fairly easy to assess what kind of value they might hold, but Bitcoin is a different beast. Bitcoin is harder to define and understand, and for many beginning Bitcoiners the question of value is one of the most puzzling. So why does Bitcoin have value? To begin, we really need to understand why anything has value. Fans of post-apocalyptic fiction will often point out that in the end, the only things of real value are those that sustain […]

The post Why Bitcoin Has Value appeared first on Bitcoin Magazine.

The sky did not fall on Bitcoin price and during early trade the price was trading above $200 after a ferocious drop to near-$150 in the first half of the week. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Bitcoin Price Analysis Time of […]

The post Bitcoin Value Capitulates – Bitcoin Price Back Above $200 appeared first on CryptoCoinsNews.

Xapo with Satellogic aims to bolster its security offerings by locating elements of its security architecture within a low Earth orbit satellite.

Coinsetter, a reputable New York based Bitcoin exchange, has added margin and shorting, as well as the ability to minimize capital held on a Bitcoin exchange to businesses and market makers. This move is a response to security breaches that have weakened the Bitcoin market. Select customers will now have the option to buy and […]

The post Bitcoin Exchange Coinsetter Adds Shorting and Margin appeared first on CryptoCoinsNews.

UK Only Article:  standard article Issue:  Seize the day Fly Title:  The Silk Road trial Rubric:  One Dread Pirate is on trial; what about the others? Location:  WASHINGTON, DC MOST internet entrepreneurs dream of transforming an industry. On January 13th, one who may have done just that went on trial in federal court in Manhattan, accused of drug-trafficking, money-laundering and operating a criminal enterprise. Ross Ulbricht, a 30-year-old Texan physics graduate, is accused of being “Dread Pirate Roberts”, the founder and administrator of the Silk Road. This was the first website to make it possible to buy and sell illegal drugs online openly and with relative anonymity. His trial will raise questions not only about the extent and nature of cybercrime, but also about the limits of government snooping necessary to prevent it. The Silk Road was shut down by the FBI at the end of 2013. It worked by combining two new technologies: Tor, which allows people to host websites without revealing where they are ...

The world's mainstream media offered a wide variety of opinions yesterday following bitcoin's price drop. CoinDesk has rounded up the top stories.

South Korean firm Coinplug is selling physical bitcoin cards at 8,000 7-Eleven stores, with plans to expand to 24,000 stores nationwide soon.

Bitcoin price has been declining for a year to the consternation of those who want Bitcoin’s price to appreciate, so they can cash out some of their Bitcoin holdings at higher prices for a profit. Many Bitcoin holders may be surprised to learn that it is possible to make equal profits, during times of falling […]

The post Bitcoin Trading – Profit From a Falling Bitcoin Price appeared first on CryptoCoinsNews.

Bitcoin is dead. Bitcoin is dead, cry the critics. Like vultures at a funeral, financial pundits are circling. Each one is vying to print their “I told you, so”‘s before the other – fighting like starving dogs over table scraps. Benign Parsimony Bitcoin is dead, they say again. Miner’s are shutting down. Services are running […]

The post Bitcoin is Dead Because You Are Too Dumb appeared first on CryptoCoinsNews.

Bitcoin has seen a prolonged fall in its US Dollar price. This has had a large affect on many sectors of the digital currency community and ecosystem. The value of less valuable altcoins has seen a corresponding tumble in value. The day-traders and short-term speculators are bailing out of the market en masse. And the […]

The post Bitcoin’s Dollar Value Wreaks Havoc within Cloud Mining Industry appeared first on CryptoCoinsNews.

Bitcoin has seen a prolonged fall in its US Dollar price. This has had a large affect on many sectors of the digital currency community and ecosystem. The value of less valuable altcoins has seen a corresponding tumble in value. The day-traders and short-term speculators are bailing out of the market en masse. And the […]

The post Bitcoin’s Dollar Value Wreaks Havoc within Cloud Mining Industry appeared first on CryptoCoinsNews.

BlockCypher has raised more than $3m in a seed-funding round that will allow it to expand its operations in Europe and Asia.