Just this morning, BitPay, Inc announced it’s newest merchant, Gyft. Gyft, a mobile gift card platform, added support for Bitcoin purchases of gift cards on the Android platform, through its partnership with BitPay Inc, the world’s leading payment processor for Bitcoin. Gyft offers a ...
Conformal , a company focused on building open-source software for privacy and security, has revealed their latest project: btcd, a full Bitcoin reimplementation in Google’s programming language Go . The implementation is not yet entirely done, but most core features such as transacti...
After reaching $20 Billion in mobile transactions, PayPal President appeared on Bloomberg TV’s “The Pulse,” with Guy Johnson to discuss mobile security and share his thoughts on the Bitcoin currency. This morning, PayPal President, David Marcus, expressed his fascination with Bitcoin ...
The paper starts off delineating a clear definition of what virtual currency is: “FinCEN’s regulations define currency (also referred to as “real” currency) as “the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] c...
What had happened was the following. The latest version 0.8 release of bitcoind, by far the most popular implementation of Bitcoin used by miners, switched the database that it used to store blocks and transactions from BerkeleyDB to the more efficient LevelDB as part of an effort to ...
Finally, we also have another development in Bitcoin security, this time coming from within the existing Bitcoin community: BIPS . The new merchant platform from WalletBit includes a number of upgrades, including significant improvements in usability and, in some cases, lower fees tha...
Just like WordPress, Namecheap’s reasons for accepting Bitcoin are primarily political in nature. As Namecheap community manager Tamar Weinberg wrote, “We’re a freedom loving registrar. We donated over $100,000 to the Electronic Frontier Foundation to help keep the fight for internet ...
For those who dismissed Bitcoin as a pump-and-dump, a fad or a quack, now is the time to repent. Timothy B Lee already has , and we in the cryptocurrency community gladly welcome him. To Doug Casey, Tim Worstall and the others who have disparaged Bitcoin in the past, this moment is as...
Photo: Wallstreet Charging Bull, CC BY 2.0 herval , Flickr A venture capitalist backed Bitcoin company wants to make it safe for U.S. and Canadian investors to do large block trades of Bitcoins and keep them ultra-secure from loss. Coinlab has worked for a year to sign an exclusive lo...
Photo: Wallstreet Charging Bull, CC BY 2.0 herval , Flickr A venture capitalist backed Bitcoin company wants to make it safe for U.S. and Canadian investors to do large block trades of Bitcoins and keep them ultra-secure from loss. Coinlab has worked for a year to sign an exclusive lo...
Altogether, what Ripple has accomplished is impressive. With Ripple, we have a way of sending, receiving, and holding any currency – not just one specific cryptocurrency – in a decentralized way. The currency can be anything; one can imagine storing USD, CAD, gold or even airplane mil...
However, Kahle reminds us, the Internet Archive is a nonprofit organization, and relies heavily on donations to keep its services running. Those who support what the Internet Archive is doing and wish to see it continue to preserve and digitize even more content, as well as those who ...
Since Coin Publishing took over production of Bitcoin Magazine in December 2012, we have made some great improvements to the business operations. The monthly deadlines come so quickly that it is difficult to pass sweeping changes through the narrow windows of opportunity. Instead, it ...
Roughly one year ago the FBI forcibly closed Megaupload and proceeded with criminal cases against its owners. They accused Megaupload owner Kim Dotcom of a number of criminal indictments and begun a legal case. Mega (previously Megaupload) is now accepting Bitcoin through two reseller...
Reddit has just announced that they are now accepting Bitcoin as payment for their premium Reddit Gold service. As Reddit describes it , “reddit gold adds shiny extra features to your account that are made possible thanks to support from people like you,” including filtering specific ...
Network hash power is currently at around 25 TH/s , suggesting that many Avalon customers still have not received their rigs. Once most of Avalon’s customers turn their hardware on and ASICMiner starts hashing, network hash power is expected to increase to about 40-50 TH/s – with some...
At least for now, it seems like the market does not even want a correction. Traditional technical analysis theory introduces a concept of Fibonacci retracements, where a price correction backtracks 38% or 62% (three eights and five eighths, both ratios between small Fibonacci numbers)...
BitStamp’s owner, Nejc Kodric, was first introduced to the Bitcoin community in March 2011, in the same way that so many others were: through mining. Kodric writes: “Back then I owned a computer company – we sold components, laptops, etc. Damijan (a current business partner at Bitstam...
Unfortunately, a lot of countries are still missing from the list. Nearly every country in Europe, for example, is nowhere to be found, and notably elsewhere in the world Argentina, China, South Korea, Australia and New Zealand are also missing, among others. Many other countries are ...
January has been an exciting month for Bitcoin. We have seen a number of news articles about Bitcoin from various mainstream media sources, nearly all of which have been positive, as well as reports of record-breaking revenues from Bitcoin businesses, increasing adoption and, last but...
Coinbase is a step up from Instawallet in terms of both complexity and security, although as a wallet, it is still fairly basic, with only standard sending and receiving functionality. Nevertheless, Coinbase has two features which make it a very convenient wallet for the beginning use...
Now, only several minutes ago, Garzik followed up with a message on Bitcoin IRC announcing the news that Bitcoin enthusiasts everywhere have all been waiting for: “mining!”, soon followed by a statistic: the machine’s average hashrate is 68252.65 MH/s. This is about thirteen percent h...
Under the terms of a $7.2 billion class action settlement that a US federal judge approved in November, starting this Sunday, merchants will gain the legal right to charge credit card-paying customers extra to make up for their processing fees. Currently, every time a customer makes a...
Configuring the machine will be possible either through SSH or a dedicated web interface, allowing users to easily set it up to mine with their preferred mining pool. Solo mining, however, is harder. Unlike pooled mining, where the miner receives the block headers needed by the mining...
the $15.4 high that it last set in August, making today’s maximum of $15.68 at the time of this writing the highest that the Bitcoin price has been since July 6, 2011. The spike follows a roughly two-week-long rise that has been bringing the price up by an average of about 10 cents pe...
The first troubling news came on Saturday when Dave, manager of the bASIC project’s parent company BTCFPGA, announced that the project has essentially collapsed, and is now processing refunds. BTCFPGA has been in trouble for over a week; on January 5, another BTCFPGA employee who goes...
On the whole, the split into two conferences is arguably a positive one for Bitcoin. There are many in the Bitcoin community who are intent on pursuing the success that Bitcoin reached at the end of 2012 with WordPress accepting Bitcoin and Bitcoin Central working with a licensed paym...
WordPress’s decision to accept Bitcoin in November was a major factor pushing investors to support his company. Since WordPress started accepting Bitcoin (incidentally, using BitPay’s platform to process payments), the company’s merchant base has grown from 1,300 to over 2,100, and is...
Bitcoin IS being used to sell illegal drugs on sites like Silk Road. However, illegal goods other than drugs – including assassinations, child pornography and even guns, are NOT gaining significant traction. The black market website Silk Road made considerable news a few months ago wh...
