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Bitcoin News

Coinbase releases open-source bitcoin node for developers

Posted on September 17, 2014

As the software underpinning the bitcoin network, Bitcoin Core is admittedly great at a lot of things. It allows millions of machines to make countless transactions in a never-before-seen way. As a reference client, clearly defining the protocol and acting as the highest standard for how bitcoin truly works, it has no equal. That doesn’t […]

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DigitalBTC and Cryptsy to launch mining contract exchange

Posted on September 17, 2014

If a new deal between alt-coin exchange Cryptsy and Australian bitcoin mining company digitalBTC is any indication, tradable mining contracts could soon become bitcoin’s next boom market. CoinDesk reports that the partnership will result in a new trading platform, dubbed digitalX Mintsy, will offer tradable mining contracts and allow users to lease time on their […]

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$2 million raised in seed funding round for bitcoin API startup Gem

Posted on September 17, 2014

Los Angeles-based bitcoin startup Gem announced the completion of a $2 million seed funding round to enhance its security-platform API. The funding deal has been in works since June, and was led by First Round Capital and Tekton Ventures. The Gem project clearly has plenty of support, with additional seed round funding coming from RRE […]

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Roger Ver announces anti-hacker bounty site

Posted on September 17, 2014

This morning, bitcoin evangelist Roger Ver announced the launch of a new site intended to help law enforcement agencies take down online criminals and malicious hackers. Although the technology behind the site is new, the idea is very, very old. In effect, Ver has created a marketplace for the bounty hunters of the digital age. […]

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Bitcoin use now a “punishable offense” in Bangladesh

Posted on September 16, 2014

In a new warning issued yesterday by the central bank of Bangladesh, any transaction in “bitcoin or any other cryptocurrency is a punishable offense.” According to a report by Agence France-Presse (AFP), bank officials said that anyone found guilty of using or selling bitcoin in the country could be sentenced to up to 12 years […]

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Banking access severed for bitcoin companies on Isle of Man

Posted on September 16, 2014

Bitcoin startups on the self-governing British possession of Isle of Man have a major new issue to overcome: Banking access. CoinDesk reports that Capital Treasury Services (CTS), the major financial services connector between Mann’s rapidly growing digital currency industry and banks on the British mainland, has been severed. CTS is a subsidiary of Capital International […]

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Circle teases new iOS and Android apps

Posted on September 16, 2014

Even though they’re still in an invite-only beta test, bitcoin-brokerage Circle clearly has plans to break into the mainstream in the near future. CoinDesk reports today that the company gave an exclusive preview of their new iOS and Android apps at the CoinScrum meetup in London yesterday, giving several hints about Circle’s near-future plans. CEO […]

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Speculation increases that an independent Scotland could adopt bitcoin as national currency

Posted on September 16, 2014

On Thursday, Scottish citizens will make a monumental decision: Remain a part of the U.K., or go it alone as an independent E.U. nation. As the debate rages on in Scotland itself, and referendum becoming too close to call, many experts have found themselves considering the very real possibility that Scotland will sever its 307-year-old […]

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Canada’s bitcoin-focused Vogogo becomes a publicly traded company

Posted on September 15, 2014

Calgary-based bitcoin payment processing and regulatory compliance company Vogogo announced today that it will be trading on the Toronto Stock Exchange’s Venture Exchange (TSXV) under the ticker symbol “VGO.” Although not strictly a bitcoin company, Vogogo made headlines recently for raising $8.5 million to develop a new bitcoin payment system, possibly intended to become Canada’s […]

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Bitcoin exchange Bitfinex launches cloud-mining contracts

Posted on September 15, 2014

Hong Kong-based bitcoin exchange and derivatives platform Bitfinex announced a new product today: Cloud-based mining contracts. The contracts are being offered in a limited quantity during the “live beta” phase of testing, allowing Bitfinex’s team to “tweak” the product as needed after the initial tranche of 100 TH/s mining power. Should the offering prove successful, […]

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