Bitcoin

  • Wikipedia Now Accepts Bitcoin Donations With Coinbase

    Wikipedia Now Accepts Bitcoin Donations With Coinbase

    Wikipedia, the decentralized community-powered encyclopedia, is now accepting donations in bitcoin, the decentralized community-powered cryptocurrency. The Wikimedia Foundation partnered with Coinbase to process the donations. Also new today, Coinbase will waive processing fees for all registered non-profits. Today’s news shouldn’t come as a surprise. Back in March, Wikipedia… Read More

  • Robocoin Opens The First Bitcoin ATM In Vegas, Baby

    Robocoin Opens The First Bitcoin ATM In Vegas, Baby

    Luck be a protected cryptocurrency-based transaction via a highly secure, distributed network tonight! Robocoin, a bitcoin ATM company, has announced that they’ve placed the first bitcoin ATM on the Las Vegas strip where the high-rollers and low- can go to turn their winnings into crypto cash. Read More

  • Our Nine Favorite Companies From The 500 Startups Demo Day

    Our Nine Favorite Companies From The 500 Startups Demo Day

    It’s that time again: 500 Startups just put on demo day for its ninth batch of companies at Microsoft’s conference building in sunny Mountain View, Calif. The seed stage investor and startup incubator showed off 29 products and services that range from making it easier to get a home loan to a marketplace for 3D printed knick-knacks. Read More

  • Blockchain Bitcoin Wallet Is Back In The Apple App Store

    Blockchain Bitcoin Wallet Is Back In The Apple App Store

    Since Apple pulled Bitcoin wallets from the App Store in January, cryptocurrency fans have been at once calling for the ban to be rescinded and bad-mouthing Cupertino. Now, seven months later, Apple has decided to allow Blockchain.info to publish their app, a very basic – but useful – bitcoin app that securely connects to your Blockchain.info wallet and allows you to send and… Read More

  • New York To Bitcoin Startups: Get Permission Or Get Out

    New York To Bitcoin Startups: Get Permission Or Get Out

    Bitcoin allows people to build financial technology without asking for permission, but if New York state has its way, this won’t be the case for long. The New York Department of Financial Services released a series of proposed regulations last week that could shut down the digital currency startup ecosystem as we know it. Deemed “BitLicense,” it may help “Big… Read More

  • Blockchain Releases New Android Wallet App To Put Bitcoin Into Everyone’s Hands

    Blockchain Releases New Android Wallet App To Put Bitcoin Into Everyone’s Hands

    Popular bitcoin wallet provider Blockchain.info is releasing a major new version of its Android app, allowing you to store, receive and send bitcoins directly from your Android phone. The key thinking behind the update is to make bitcoin more accessible. It hides the complexity of the protocol in order to encourage mainstream user adoption. Read More

  • Dell Now Accepts Bitcoin For All Online U.S. Purchases

    Dell Now Accepts Bitcoin For All Online U.S. Purchases

    Dell now accepts bitcoin in the United States for online purchases of its products. The move is a win for CoinBase, which today on its blog announced that it was the integration partner for the personal computing company. Overstock.com and online technology marketplace TigerDirect also accept the cryptocurrency. The price of bitcoin, long a driver of media and public interest in the stuff… Read More

  • Popular Bitcoin Mining Pool Promises To Restrict Its Compute Power To Prevent Feared ‘51%’ Fiasco

    Popular Bitcoin Mining Pool Promises To Restrict Its Compute Power To Prevent Feared ‘51%’ Fiasco

    This morning GHash.IO, a popular bitcoin mining pool, announced in a statement that in the future it will “not exceed more than 39.99% of the overall Bitcoin hashrate.” Earlier this year, GHash crested the 50% hashrate mark, sparking fears inside the bitcoin community regarding the so-called ‘51% problem.’ The issue isn’t too hard to understand: If any one… Read More

  • Google Adds Bitcoin Price Conversions

    Google Adds Bitcoin Price Conversions

    One fun Google trick is the ability to type in “5 Euro in USD” and get an acceptably accurate currency conversion in a few seconds. Now, however, you can get your BTC on by simply typing “price of bitcoin” or “X bitcoin to euro.” The feature rolled out yesterday as a reaction to Bing’s addition of BTC pricing in that search engine. Read More

  • Bitcoin Mining Company Buys Critical Site To Improve Search Results

    Bitcoin Mining Company Buys Critical Site To Improve Search Results

    You’ll be excused for not being aware of Buttcoin.org, a bitcoin site that has been critical of both the endlessly optimistic spirit of the bitcoin community and, more important, of the broken hardware users have received from so-called bitcoin mining providers. One company, Butterfly Labs, decided to turn that double frown upside-down, so to speak, and purchased the site outright in… Read More

  • Bitcoin Foundation Hires Lobbying Group To Take The Cryptocurrency To Washington

    Bitcoin Foundation Hires Lobbying Group To Take The Cryptocurrency To Washington

    Today the Bitcoin Foundation announced that it has retained a lobbying group to press its interests in the nations capital. The selected firm, Thorsen French Advocacy, will “introduce Bitcoin and the foundation to Capitol Hill offices,” according to the foundation. Consider it a sign of the times. Lobbying and political activity has risen among technology companies, as their… Read More

  • Bitcoin Vault Xapo Raises $20 Million From Greylock, Index And Announces BTC Debit Cards Are Shipping This Month

    Bitcoin Vault Xapo Raises $20 Million From Greylock, Index And Announces BTC Debit Cards Are Shipping This Month

    Secure BTC vault Xapo has announced it’s raised $20 million from Greylock Partners and Index Ventures, bringing its total investment capital to $40 million. Other investors include Emergence Capital Partners, Max Levchin, Yuri Milner, and Jerry Yang. Read More

  • Seeing Opportunities In The US, itBit Relocates To NYC, Names New CEO

    Seeing Opportunities In The US, itBit Relocates To NYC, Names New CEO

    As the local governments across the U.S. begin taking the first steps to embrace Bitcoin and bitcoin, startups like itBit are working feverishly to stake their claims. The company, which raised $3.25 million last November to launch a bitcoin exchange for institutional investors, is relocating from its current base in Singapore to New York in a move to get in on the ground floor of one of… Read More

  • Hackers Target Silk Road Auction Participants In Scam

    Hackers Target Silk Road Auction Participants In Scam

    The folks at Coindesk are reporting a fascinating phishing attack on leaked list of auction participants for the Silk Road bitcoins. The list, which appeared after a member of the US Marshals failed to use BCC, identified all the parties attempting to bid on the bitcoin seized during a raid on the Silk Road marketplace. It has been a useful tool for scammers. In this case the thieves sent a set… Read More

  • VC Tim Draper Won The Government Bitcoin Auction, Will Bring Liquidity To Emerging Markets

    VC Tim Draper Won The Government Bitcoin Auction, Will Bring Liquidity To Emerging Markets

    According to bitcoin exchange Vaurum founder Avish Bhama, VC Tim Draper won all 30,000 BTC in the recent government auction. It is believed he paid above the current market rate for BTC. The price of one BTC is now up $5 to $645. Draper and Bhama intend to use the hoard to allow emerging markets to buy and use bitcoin in lieu of their own fiat currencies, thereby assisting in bitcoin liquidity. Read More

  • US Marshals Have Sold 30,000 Silk Road Bitcoins

    US Marshals Have Sold 30,000 Silk Road Bitcoins

    The US Marshals announced they have sold 30,000 BTC to an anonymous bidder. The auction took place on June 27 and the highest bidder won all 30 blocks of 1,000 bitcoins. Comically, the sender of a an email to those involved in the auction disclosed all the bidders last week, making it clear that a number of big players, including Barry Silbert of SecondMarket and Bitcoin Investment Trust… Read More

  • Litecoin Slumps As Bitcoin Recovers Some Of Its Former Luster

    Litecoin Slumps As Bitcoin Recovers Some Of Its Former Luster

    During the height of the 2013 Bitcoin bubble, Litecoin soared, crossing the $40 mark late in the year. Since then, mostly tracking Bitcoin, Litecoin’s value has faded. Today, you can buy a Litecoin for just under $9. That cryptocurrencies are dealing with post-bubble excesses is hardly news. What’s more interesting is that Litecoin, which largely followed Bitcoin’s price… Read More

  • Extortionists Are Using Bitcoin To Steal Cash From Business Owners

    Extortionists Are Using Bitcoin To Steal Cash From Business Owners

    Extortionists are going completely anonymous thanks to social media and bitcoin. Brian Krebs just posted on a number of pizzerias that received anonymous letters asking for one bitcoin in order to keep the owners from receiving bad ratings on Yelp, the Better Business Bureau and the like as well as to keep the extortionists from “SWATing” – calling the police to report… Read More

  • Encrypted To The Last Drop

    Encrypted To The Last Drop

    Everything is for sale in the dark web marketplaces. Anonymous buyers can procure everything from prescription painkillers to exotic designer drugs. You can hire sex workers and buy weapons in the same exchange. Danger lurks around every corner and Satoshis flow like water while whales make it rain on encrypted Tor gambling servers. Read More

  • US Marshals Accidentally Replies All To Anonymous Bitcoin Auction Bidders In Email Fiasco

    US Marshals Accidentally Replies All To Anonymous Bitcoin Auction Bidders In Email Fiasco

    In a magnificent show of technical ineptitude, today the U.S. Marshals revealed the identities of many anonymous bidders in its $18 million seized Silk Road Bitcoin auction by CC’ing them on an email thread. When one asked a question, the response was sent to 40 of the bidders, many whose names were attached or easily identifiable from their addresses, negating the whole point of the… Read More