Monthly Archives: September 2014

Canadian payroll company Wagepoint extends BTC payments to U.S.

Posted on 11th September, 2014

Earlier this month, Ontario-based payroll firm Wagepoint made headlines for becoming one of the first organizations to enable direct bitcoin payments to employees. At the time, Wagepoint’s BTC payroll service was limited to Canada, but according to an interview published by CryptoCoinsNews, the company has expanded the option to their U.S.-based clients. According to the […]

The Bank of England releases extensive new report on bitcoin’s potential impact in the U.K.

Posted on 11th September, 2014

The Bank of England released a pair of cryptocurrency-related articles today, prompting waves of commentary throughout the global financial press. The articles, pre-released from the BoE’s forthcoming Quarterly Bulletin 2014 Q3 report, focus on defining bitcoin’s core innovation — the trustless, distributed ledger better known as the block chain — and on examining the economics […]

Coinbase announces international expansion, now available in 14 countries

Posted on 10th September, 2014

One of the biggest hurdles for would-be international bitcoin users is the lack of an easy-to-use, newcomer-friendly and widely trusted service to buy, sell and store bitcoin with. For the last two years, this hasn’t been much of an issue thanks to the existence of popular bitcoin services provider Coinbase. If only there was some […]

FBI claims no illegal techniques used in Silk Road case, security experts disagree

Posted on 10th September, 2014

On Friday, the FBI released a 58-page filing outlining the various investigation techniques used to unearth the details that ultimately resulted in the closure of online black marketplace Silk Road and the capture of its alleged mastermind, Ross “Dread Pirate Roberts” Ulbricht. The filing, written by FBI agent Christopher Tarbell, was a response to a […]

U.K. bitcoin ATM operator says £38,000 processed in one month

Posted on 10th September, 2014

The Bristol Post reported today that a single bitcoin ATM located in a health food store has processed more than £38,000 ($61,000) in one month of operation, strongly suggesting a growing interest in cryptocurrency in the region. The Superfoods store hosts a two-way bitcoin ATM built by RoboCoin, and managed by regional operator Satoshipoint. The […]

Coinbase finally chimes in on BitLicense, calls it “redundant”

Posted on 10th September, 2014

As the deadline for public comment on the proposed New York Department of Financial Services (NYDFS) “BitLicense” rules approaches, some of bitcoin’s biggest players are finally making their opinions known. Circle, Xapo and the Bitcoin Foundation have all weighed in on the topic in the last two months, but the true giants of the bitcoin […]

BTChip releases new smartcard-based USB bitcoin wallet

Posted on 9th September, 2014

It sounds like an offline cryptocurrency user’s dream device: A multi-signature enabled, smartcard-based, USB connected hardware wallet able to native support both bitcoin and altcoin wallets. It’s as thin as a credit card, and roughly the size of a house key. And for €20 (roughly $25), it can be yours. The new joint venture from […]

First bitcoin ATM opens in Argentina

Posted on 9th September, 2014

The first public bitcoin ATM in Argentina opened recently in a Buenos Aires suburb. Given that bitcoin ATMs have been popping up like wildflowers all over the globe in the last few months, this might not seem like big news. In a country in the middle of a deep economic crisis and an estimated inflation […]

BitPay opens new European headquarters in Amsterdam

Posted on 9th September, 2014

In a new post on the BitPay blog, the Atlanta-based bitcoin payment processor gave an inside view of their just-finished Amsterdam digs. The company is currently involved in a major push into the rapidly growing European market, having experienced a massive growth spurt in merchant adoption in the last year. BitPay claims to have seen […]

Satoshi Nakamoto’s email compromised, one hacker possibly identified

Posted on 9th September, 2014

Yesterday evening, a person using the email address long associated with mysterious bitcoin creator Satoshi Nakamoto sent the following message to Bitcoin Talk administrator Michael “theymos” Marquardt: “Michael, send me some coins before I hitman you.” Almost immediately, Marquardt took to the Bitcoin Talk forum to warn the bitcoin community that Satoshi Nakamoto’s email had […]