Coin News

  ShapeShift announced today that it had completed its fundraising of $1.6 million USD. ShapeShift is an exchange that allows users to transfer Bitcoin for dozens of other cryptocurrencies without any accounts or personal information being shared. Barry Silbert’s Digital Currency Group and Roger Ver were the lead investors in this round. Bitfinex, Bitcoin Capital led by Max Keiser and Simon Dixon, Mardal Investments, Bruce Fenton, Trevor Koverko, and Michael Terpin also invested in the funding round. “ShapeShift demonstrated an entirely new way to think about asset exchange,” said Zane Tackett, Director of Community and Product Development at Bitfinex, in a statement. “We’ve known Erik for a while now and he’s knocked it out of the park with this one.” According […]

The post Instant Cryptocurrency Exchange ShapeShift Raises $1.6 Million appeared first on Bitcoin Magazine.

Menopause is one of the oddest features of human reproductive biology. Not the hot flashes or the forgetfulness, but the fact that older women lose the ability to have babies. Now researchers say that once it appeared, menopause may have had a ripple effect on human mating that helped create the human pair-bond.

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Digital currency exchange ShapeShift.io has raised $1.6m in new funding.

 Do you need Clams? Nucoin? ShapeShift.io is here to help. This oddly simple system is a universal and anonymous cryptocurrency converter created by one of the pioneers in bitcoin, Erik Voorhees. How does it work? You request a certain cryptocurrency – Litecoin, for example – and give the service a deposit address. Then you simply deposit another currency – Bitcoin, for… Read More

 Do you need Clams? Nucoin? ShapeShift.io is here to help. This oddly simple system is a universal and anonymous cryptocurrency converter created by one of the pioneers in bitcoin, Erik Voorhees. How does it work? You request a certain cryptocurrency – Litecoin, for example – and give the service a deposit address. Then you simply deposit another currency – Bitcoin, for… Read More

The CEO of Westpac Group, one of Australia's 'Big Four' banks, has claimed it is "too soon" to panic about bitcoin.

Bitcoin XT Developer and Bitcoin Foundation Chief Scientist Gavin Andresen was interviewed on Epicenter Bitcoin earlier this week, with the conversation mainly revolving around concepts related to Bitcoin governance. Development of Bitcoin Core has somewhat slowed recently due to the lack of a clear process for reaching development decisions, which is at least part of the reason Andresen joined Mike Hearn’s Bitcoin XT project. Reaching consensus is a terribly difficult task when there are so many different individuals involved in a distributed system, such as Bitcoin, which is why Epicenter Bitcoin co-host Brian Fabian Crain asked Andresen about who should have a say in changes made to the protocol. Everybody Should Have a Say Andresen believes that everyone should be […]

The post Gavin Andresen on the Block Size: “It’s Hard to Find a Signal above All the Noise” appeared first on Bitcoin Magazine.

When it comes to images of bitcoins, the pool content developers have to choose from is pretty limited - to the point where most readers tend to recognize photos from other stories, and that’s a problem. However, bit4coin is aiming to solve that problem by reaching out to the bitcoin community at large and offering up a Bitcoin Photo Contest. The Basic Rules Of The Bitcoin Photo Contest Photographers and graphic artists have until October 15, 2015 to submit their bitcoin photos. The guidelines are pretty straightforward - as long as the picture has something to do with bitcoin, obviously […]

The post Win Up To €1000 in Bitcoin By Entering bit4coin's Bitcoin Photo Contest appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

A Singapore-based startup, SearchTrade, has introduced a system to allow all parties in the Internet search engine process – the searcher, the owner of the key word being searched, the builder of the app using the search engine, and the advertisers – to profit from the process using bitcoin. Using bitcoin, the system redistributes the revenue among the stakeholders in the process, rather than allowing all the profit to flow to the big search engines like Google and Bing. “Search is the single most important activity on the Internet,” said Vishal Gupta, co-founder and CEO of SearchTrade. Everyone does it, […]

The post SeachTrade Uses Bitcoin to Reward People using the Search Platform appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Knowledge Podcast host Trace Mayer interviewed legendary cryptographer Adam Back on his role in the creation and deployment of some of the most potent privacy software to ever affect the world of Bitcoin. A transcript of the podcast is published in We Use Coins. Trace Mayer is an entrepreneur, investor, journalist, an expert on the Austrian School of economic thought of Murray Rothbard and Ludwig von Mises, and a staunch defender of freedom of speech. Adam Back is the inventor of Hashcash, the proof-of-work system used by Bitcoin and other cryptocurrencies as part of the mining algorithm. “To implement a distributed timestamp server on a peer-to-peer basis, we will need to use a proof-of-work system similar to Adam Back’s […]

The post Back to the Future: Adam Back Remembers the Cypherpunk Revolution and the Origins of Bitcoin appeared first on Bitcoin Magazine.

Bitcoin Group is to make its third attempt to IPO this November, following two stop orders from the Australian Securities and Investments Commission.

Visa credit card association founder Dee Hock is a world-leading expert in payment systems. While an official in 1968 at a local bank in Washington State franchised by Bank of America to issue BankAmericard, Hock became chairman on a committee to create what would become Visa in 1976. Hock is open-minded and outspoken. He has even spoken favorably of the online digital currency Bitcoin. “Bitcoin is one of the best examples of how a decentralized, peer-to-peer organization can solve problems that these dated organizations cannot,” Hock once said. “[Bitcoin] presents incredible opportunities for new levels of efficiency and transparency in […]

The post The History of Visa is Probably Different Than You Think appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Equibit, which bills itself as a global P2P OTC platform, is a block-chain-based securities register that manages OTC equity, warrants, partnership units and more. The system includes a shareholder communication system, plus the ability to issue BTC-denominated dividends and distributions. Equibit manages functions typically performed through transfer agents and central depositories. Hence, the system saves costs to issuers and brokers. If successful, this P2P electronic equity system will revolutionize securities trading. CCN reported on Equibit’s formation in June. CCN recently contacted Chris Horlacher, managing partner of the Toronto, Canada-based venture, to find out how he got involved with the block […]

The post Equibit Managing Partner Explains Why a Block Chain Based Securities Register Will Revolutionize OTC Trading appeared first on CCN: Financial Bitcoin & Cryptocurrency News.