Coin News

California's money transmitter regulator released conflicting statements today regarding how bitcoin regulation will move forward in the state.

CoinDesk has rounded up today's Bitcoin Pizza Day's celebrations from across the world.

Bloomberg Brief has published a Special Report about Bitcoin. Written as an introduction for financial professionals and busy investors with little previous knowledge of Bitcoin, the report gives far too much space to marginal aspects such as price swings, scams and bankruptcies. However, while the depth of the analysis doesn’t match that of recent reports by Goldman Sachs and other top financial institutions, the Bloomberg report offers interesting insights and opinions that highlight current trends and issues in the Bitcoin space. Barry Silbert, founder and CEO of the Digital Currency Group and creator of the Bitcoin Investment Trust, the first Bitcoin investment vehicle publicly traded in the United States, focuses on the price of bitcoin and hopes it will increase. […]

The post Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin Space appeared first on Bitcoin Magazine.

The first fund to offer bitcoin investment as part of a bespoke portfolio has launched on global derivatives trading platform IG.

Bringing together more than 40 startup pitches on both the retail and fintech verticals at the consortium, the Plug and Play Tech Center Expo day included three keynotes from the founder of Plug and Play Tech Center Saeed Amidi, Managing Director of Citi Ventures Debra Brackeen and founder of the Lending Club Renaud Laplanche. Saeed Amidi started the day off with remarks summing up the mission of Plug and Play to bring together software for two industries and create a matchmaking haven where corporations could come to find solutions to their vexing technological problems, understand emerging markets and nurture and mentor the next generation of technological advancement. Debbie Brackeen was excited to describe Citi Ventures fund as a proving ground […]

The post Plug and Play Tech Center Hosts Retail and Fintech Expo for Startups appeared first on Bitcoin Magazine.

 Every May 22 cyphernerds around the world celebrate Bitcoin Pizza Day, the day when early bitcoin enthusiast and programmer Laszlo Hanyecz offered 10,000 bitcoins – about $25 at that time – for two Papa John’s pizzas (pictured above). In 2010 he posted this to a bitcoin message board: I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I… Read More

The launch of Streamium was announced via Reddit yesterday. The new application from Manuel Aráoz and company was created to build a direct connection between video streamers and their viewers. Video streaming is dealt with on a peer-to-peer (P2P) basis via WebRTC, and payments for viewing a stream are made possible through the use of bitcoin and payment channels. A stream of small, off-chain payments are made to the broadcaster every second as the viewer continues to watch a stream, and all of those micropayments are then combined into one larger payment that is made via the bitcoin blockchain. The P2P nature of the Streamium platform has the potential to disrupt many different types of video streaming businesses currently found […]

The post 5 Freelancers Who May Use Bitcoin-Powered Streamium to Cut Out Middlemen appeared first on Bitcoin Magazine.

Hong Kong-based bitcoin exchange Bitfinex announced around 5 a.m. EDT today the startup’s hot wallets were compromised and some bitcoin were stolen. The exchange also advised its users to immediately stop depositing bitcoin to old addresses in their Bitfinex account. It is unclear how much has been lost in the hack, but according to a company statement, the hot wallets held only 0.05 percent of the exchange’s bitcoin holdings. Though still unconfirmed, Redditor gowithBTC followed a string of transactions on the blockchain to what he believes is Bitfinex’s hot wallet. If correct, it would put the amount of bitcoin lost in the hack just more than 1,400 or around 0.06 percent of the company’s total holdings. Bitfinex said that any […]

The post Bitfinex Hot Wallets Hacked, More Than 1,400 Bitcoin May Be Stolen appeared first on Bitcoin Magazine.

Bitcoin price has been advancing all day, and it looks like the real thing but is it? As we know, the possibility of advance is restricted by a trendline near $245. If price can advance above this level, then several alerts will ring. This analysis is provided by xbt.social with a 3 hour delay. Read […]

The post Bitcoin Analysis: Outlook Glum appeared first on CryptoCoinsNews.

Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack. In a statement released this morning, the Hong Kong-based company said the keys to its hot wallet "might have been compromised". However, the majority of customers' funds would not be affected, it said. "Although we keep over 99.5% of users' BTC […]

European payment processor Netopia mobilPay revealed its new bitcoin startup as part of Plug and Play's Retail & FinTech Expo yesterday.

BitFinex has just been hacked. They lost their hot wallet to a malicious actor. However, due to security practices only a relatively minimal amount has been lost. BitFinex keeps over 99.5% of its customers deposits in secure multisig wallets, so only 0.5% at most was lost. BitFinex is a digital currency trading platform and states […]

The post BREAKING: Bitcoin Exchange BitFinex’ Hot Wallet Hacked appeared first on CryptoCoinsNews.

New York Times writer Nathaniel Popper is a business correspondent by trade, having previously written for the LA Times in New York before moving onto to the New York Times. “[Discovering Bitcoin] was totally as part of my job,” he says. “I found when researching Bitcoin, it was which wave did you get in on. […]

The post An Interview with the Bitcoin Book “Digital Gold” Author Nathaniel Popper appeared first on CryptoCoinsNews.

For a long time, folks have thought that centralized exchanges were the essential problem in cryptocurrency. When someone wants to convert one cryptocurrency to another, or to fiat, they have to trust that the exchange they’re going to use isn’t going to, in one way or another, rip them off. Now, two altcoins have begun […]

The post Qora and Burst Now Able to Make Cross-Chain Transactions appeared first on CryptoCoinsNews.

Many nations have made news with how they are choosing to accept, or not accept, bitcoin into their national economies. Some have chosen to ban outright the currency while others see it as an opportunity for domestic economic growth & as a tax revenue stream for the nation-state. Sweden has recently instituted new regulations that […]

The post Sweden Outlines New Bitcoin Tax Regulations and Bitcoin Ban appeared first on CryptoCoinsNews.

Popular digital currency forum BitcoinTalk has been taken offline following a social engineering attack that resulted in a server compromise.