Bitcoin Latest News
Take a look at what drove bitcoin and blockchain headlines in the past week.
Posted on 5 September 2015 | 4:00 am
Posted on 4 September 2015 | 11:01 pm
Posted on 4 September 2015 | 6:11 pm
Brazil-based bitcoin startup Rippex has announced the former founders of digital payments gateway PagSeguro have joined its team.
Posted on 4 September 2015 | 3:37 pm
Posted on 4 September 2015 | 3:22 pm
Posted on 4 September 2015 | 1:44 pm
Posted on 4 September 2015 | 12:16 pm
A cybersecurity firm has released the results of a blockchain analysis into blackmail attempts against online infidelity website Ashley Madison.
Posted on 4 September 2015 | 11:55 am
Bitcoin Price Heading EastCryptoCoinsNewsBitcoin
price continues sideways trade in a narrowing range. Like most of this week's analysis, today's update presents no new information for regular readers, although incidental readers may be interested in the matter-of-fact commentary below. This ...
Posted on 4 September 2015 | 11:32 am
In April, Bitcoin Magazine reported that UBS was planning to investigate blockchain technology in a new innovation lab based in London. The innovation lab is located in Level39, Europe’s largest technology accelerator space for finance and cyber-securities, and focuses on exploring the role of blockchain technology in financial services. UBS, a Swiss global financial services company with its headquarters in Basel and Zürich, is the biggest Swiss bank and is considered as the world’s largest manager of private wealth assets, with more than 2.2 trillion Swiss francs (CHF) in invested assets. In August, the bank launched a “Future of Finance Challenge” for financial technology entrepreneurs and startups. The Future of Finance Challenge covers a broad range of emerging fintech areas, including […]
The post UBS to Develop Yet Another ‘Permissioned Blockchain’ for Banks appeared first on Bitcoin Magazine.
Posted on 4 September 2015 | 9:55 am
Posted on 4 September 2015 | 9:48 am
The US Marshals Service (USMS) has revealed it will announce the date on which it will auction off remaining Silk Road bitcoins in 2015.
Posted on 4 September 2015 | 9:20 am
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(Do you think he will be paid in bitcoins
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Posted on 4 September 2015 | 5:20 am
Blockchain, the operator of the world’s most popular bitcoin wallet service, is currently offline.
Posted on 4 September 2015 | 5:16 am
Who's said what about bitcoin and when? Check out our interactive timeline below for a refresher on the stance of central banks this year.
Posted on 4 September 2015 | 4:13 am
The story of the rise and fall of bitcoin exchange Mt Gox and its CEO, Mark Karpeles, could find its way to the silver screen.
Posted on 3 September 2015 | 3:50 pm
The Connecticut Technology Council has partnered with blockchain startup Tierion for a trial that finds it using the technology for recordkeeping.
Posted on 3 September 2015 | 2:48 pm
Researchers at the London innovation lab of Swiss banking giant UBS are developing a new blockchain implementation for transaction settlement.
Posted on 3 September 2015 | 1:41 pm
Posted on 3 September 2015 | 12:43 pm
The controversial group behind several bitcoin 'stress tests' has confirmed next week it will push ahead with its biggest so far.
Posted on 3 September 2015 | 12:35 pm
GameCredits, a cryptographic payments platform for gamers and game developers is set to integrate digital currencies including its own altcoin called GMC in three video games, one of which was released on September 2. “GameCredits is the first free open source gaming currency made by gamers for gamers and game developers,” explained the GameCredits team. The company believes that the integration of cryptocurrencies in video games could help increase digital currency adoption, and spur mainstream adoption for many alt-coins. “We at GameCredits are breaching this chasm and are baldly exploring those uncharted waters – all in the name of providing crypto currencies the mainstream adoption they deserve,” GameCredits Monetization Expert Silvio Gucek explained. The video game industry is one of the […]
The post GameCredits to Integrate Digital Currencies in TurboCharged Racing and Other Video Games appeared first on Bitcoin Magazine.
Posted on 3 September 2015 | 10:16 am
In April, Bitcoin Magazine reported that Bitcoin exchange itBit had filed for a banking license in New York. Later in May, itBit was granted a trust charter by the New York Department of Financial Services (NYFDS) under New York State banking law, the first such charter granted to a digital currency company by the NYDFS. ItBit also announced the successful completion of a $25 million Series A funding round. On September 2, itBit announced the appointments of Daniel “Danny” Alter as the company’s new general counsel and chief compliance officer, and Kim Petry as chief financial officer. Petry was previously CFO of global operations and technology at Broadridge Financial Services and, before that, served as CFO and vice president of […]
The post itBit Hires Former NYDFS General Counsel Daniel Alter, Pushes Ahead with Bankchain Project appeared first on Bitcoin Magazine.
Posted on 3 September 2015 | 9:47 am
The Bitcoin network took a hit yesterday as CoinWallet ran its “stress pre-test” for about thirty minutes resulting in a “2-day delay and a 50 MB backlog” according to CoinWallet CCO James Wilson. Reports are still coming in but it seems like most bitcoin exchanges and wallet companies were able to take the test in its stride. Wilson also told Bitcoin Magazine today that the company will be running a major stress test on the Bitcoin network on Thursday, September 10 starting at 10 a.m. GMT. The purpose of these stress tests is to see if the Bitcoin network can handle a barrage of very small transactions that will act like a DDOS attack but most observers see this as […]
The post CoinWallet Begins Pre-test of Bitcoin Network, Schedules Largest Stress Test to Begin on September 10 appeared first on Bitcoin Magazine.
Posted on 3 September 2015 | 9:42 am
An interactive timeline providing a detailed history of bitcoin-related events in India to date.
Posted on 3 September 2015 | 4:02 am
ItBit has hired former NYDFS general counsel Daniel "Danny" Alter as its general counsel and chief compliance officer.
Posted on 2 September 2015 | 3:36 pm
The California Senate Appropriations Committee has voted 6-1 to advance a bill that would create a licensing regime for bitcoin companies.
Posted on 2 September 2015 | 2:18 pm
Bitcoin payments services startup Paymium has raised €1m in new seed funding from investors including Newfund and Kima Ventures.
Posted on 2 September 2015 | 10:46 am
Major banks and mainstream financial institutions are warming up to the blockchain technology that powers Bitcoin, and launching internal experiments and pilot projects to find out how they can use the blockchain. However, most banks frown at the chaotic anarchy of public “permissionless ledgers” like the Bitcoin blockchain, where any individual anonymous user can join and contribute hashpower to verify transactions without having to ask anyone’s permission. Instead, they would prefer “permissioned ledgers” owned and by the banks, which can be operated only by vetted players. Think of “BankCoin” blockchains that only the banks and the authorities have access to. Since this trend appears to be rising fast, many startups are developing infrastructures for permissioned ledgers. SETL is a permissioned […]
The post Blythe Masters and Wall Street Opt for ‘Permissioned’ Non-Bitcoin Blockchains appeared first on Bitcoin Magazine.
Posted on 2 September 2015 | 10:03 am
Leading bitcoin exchange and wallet provider Coinbase has expanded its services to Canada and Singapore as a part of its project to expand their services globally. Now, consumers in Singapore are able to buy and sell bitcoin for Singapore dollars through Coinbase. This follows the company’s announcement from ealier this week that Coinbase users based in Canada will be able to buy and sell bitcoin with Canadian dollars instantly, using the Coinbase Wallet. Additionally, users will be able to buy and sell bitcoin with a Canadian bank account directly and trade BTC/CAD on Coinbase’s exchange. “Our mission at Coinbase is to spur mainstream bitcoin adoption, which we’ve set out to achieve by providing people with a simple, secure on-ramp to […]
The post Coinbase Expands to Canada and Singapore to ‘Spur Mainstream Bitcoin Adoption’ appeared first on Bitcoin Magazine.
Posted on 2 September 2015 | 9:23 am
Updated on 9/2/2015 at 11:43 EST: As of September 2, transaction rates indicate that the stress test by CoinWallet has likely begun. At time of writing, over 23,000 transactions were waiting to be confirmed by the network. Bitcoin Magazine will continue to monitor the network status and provide updates. CoinWallet, the U.K.-based Bitcoin mining and wallet business has said it will be running another “stress test” in early September to test the Bitcoin network, according to International Business Times. The company told the international journal that this round of “test” or “spam” attacks “will likely render most standard wallet software worthless and create nearly a 30-day backlog” in the system. Bitcoin Magazine reached out to CoinWallet to learn more about the company’s plans but […]
The post UPDATED: Bitcoin Businesses Take Steps to Prepare for CoinWallet’s September Stress Test appeared first on Bitcoin Magazine.
Posted on 2 September 2015 | 8:43 am
Bitcoin services firm Coinbase has expanded to Singapore, a move that marks the $106m startup's introduction to the Asian market.
Posted on 2 September 2015 | 7:20 am
BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips.
Posted on 2 September 2015 | 7:01 am
The UK government is exploring the use of blockchain technology in improving the transparency and accuracy of its record keeping.
Posted on 1 September 2015 | 2:32 pm
Editor’s Note: This is a letter to the community written and signed by many of the Bitcoin developers, including the most prolific contributors to (at least) three separate implementations of the Bitcoin system. Signers of this letter represent about 90% of the commits in the last year or two to Bitcoin Core, according to Greg Maxwell. As active contributors to Bitcoin, we share this letter to communicate our plan of action related to technical consensus and Bitcoin scalability. Bitcoin is many things to many people. However, the development and maintenance of Bitcoin is a human endeavor. Satoshi sought review and cooperation, and the subsequent work by Bitcoin’s developers has made the system more secure and orders of magnitude faster. The Bitcoin […]
The post An Open Letter to the Bitcoin Community from the Developers appeared first on Bitcoin Magazine.
Posted on 1 September 2015 | 11:25 am
Volume of bitcoin trades in Brazil increased rapidly in Brazil since May. Over the last few months, the volume of all bitcoin trades have risen from US$1.65 million to US$2.6 million, showing a 158 percent monthly increase in trading volumes across all exchanges. In August, Mercado Bitcoin, the largest bitcoin exchange in Brazil alone has processed 28.48 percent of all market share or US$740,480 worth of bitcoin trades. Image via bitValor According to BaseBit founder Daniel Novy, the majority of bitcoin-related news presented by major news outlets in Brazil is negative and affects the potent Brazilian population that is underbanked and underserved by financial institutions. Despite the negative image of bitcoin built by the media, many merchants are becoming more […]
The post Volume of Bitcoin Trades Continues Surge in Brazil appeared first on Bitcoin Magazine.
Posted on 1 September 2015 | 11:12 am
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal.Me, a personal, vanity PayPal link that makes it easy to remind people to send you money. The idea behind the peer-to-payment service is to erase the awkwardness of getting repaid by someone. Instead of having to ask them, a user could just send his or her friend a PayPal.me link and the friend would be able to pay using their own PayPal account. It minimizes the need for conversation about something that could, theoretically, make someone uncomfortable. PayPal.me has launched in 18 countries, including the United States, Great Britain, Germany, Australia, Canada, Russia, Turkey, France, […]
The post PayPal Announces Launch of PayPal.Me Peer-to-peer Payments Similar to Square Cash or Bitcoin Wallets appeared first on Bitcoin Magazine.
Posted on 1 September 2015 | 9:41 am
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