Testifying before the House Judiciary Committee today, Attorney General Eric Holder said that the U.S. Department of Justice “is committed to innovating alongside this new technology in order to ensure investigations are not impeded by any improvement in criminals’ ability to move funds anonymously.” According to Bloomberg, Holder’s department has been increasingly focused on the […]

For the last several weeks, the bitcoin-related news coming from China has been filled with gloom and doom. With the new People’s Bank of China policies still unconfirmed, many Chinese exchanges have taken preemptive steps to ensure compliance before the rumored April 15 changes. One exchange, however, is simply returning to basics. Last night, Bter […]

A new bitcoin ATM with point-of-sale functionality by German startup BitXatm was unveiled this week. Named the Sumo Pro, the ATM boasts an easy solution for merchants to would like to integrate bitcoin payments into their existing POS systems through a printable QR code. The ATM also has the ability to work with standard fiat […]

Computer security specialists and IT managers the world over have been racing to implement emergency fixes today for the “Heartbleed” security flaw in the popular OpenSSL cryptographic software library. The bug allows an attacker to gather data in 64 kilobyte blocks, slowly gathering a wealth of theoretically encrypted data. Although the most likely targets of […]

If there was a single roadblock to mainstream bitcoin adoption, it would be the limited point of sale (POS) options. Even for a relatively tech-savvy person, bitcoin transactions in their current form can be a little on the awkward side, involving smartphones, wireless connections, QR codes and confirmation delays. For the average person, swiping a […]

Last year, Bitcoin Core developer Jeff Garzik began talking publicly about plans to launch a small commercial satellite to serve as an orbiting bitcoin node. The idea was to provide a one-to-many solution for peer-to-peer network attacks, such as Sybil attacks, which are likely to increase as bitcoin becomes more popular. Even with a relatively […]

Hong Kong-based bitcoin trading, futures and options platform Bitfinex announced to day the results of an independent audit by Ripple Labs CTO Stefan Thomas. According to the audit, Bitfinex was in full possession of all claimed funds, and has BTC reserves equaling 102.82% of all required holdings. The audit did not examine any part of […]

After 18 months as the Chief Scientist of the Bitcoin Foundation, Massachusetts-based developer Gavin Andresen is handing over the reigns to Netherlands-based developer Wladimir van der Laan. In a post on the official Bitcoin Foundation blog published today, Andresen explained that he wasn’t leaving the project, simply stepping back from the lead technical position in […]

Although it’s not in the big leagues with Yahoo, Bing and Google, search engine DuckDuckGo has established a nice for itself among privacy-minded web users thanks to its “no tracking” policy. Not surprisingly, the search engine has a loyal following in the privacy-minded bitcoin community. Over the weekend, DuckDuckGo took a step aimed at formalizing […]

In the summer of 2012, the Canadian government and the Royal Canadian Mint announced a new, experimental digital payment system called MintChip. Although it was fundamentally different from bitcoin and the new crop of alt-coins that were only just beginning to generate a buzz in the online community, MintChip was an unusually progressive financial experiment […]