Latest Bitcoin News by Category: Bitcoin Tech

Apple’s new developer guidelines may allow bitcoin apps

Posted on 3rd June, 2014

Is Apple reversing its long-held blockade of bitcoin wallet apps? Earlier this year, the Cupertino, California-based technology behemoth effectively banned all cryptocurrency wallet apps, including those created by the most reputable companies in the bitcoin community. In most cases, Apple support simply cited a non-specific violation of its App Store guidelines. At yesterday’s Worldwide Developer’s […]

Report: MultiBit wallet to charge transaction fee

Posted on 1st June, 2014

With an estimated 1.8 million downloads, MultiBit is easily the most popular bitcoin wallet client for Windows-based machines. Recently, however, a series of high-profile glitches and seemingly dismissive developer comments have soured community support for the three-year old software project. With a new version of the software nearing completion, the “cash-strapped” developers have proposed a […]

Mining hardware maker BitFury announces $20 million financing deal

Posted on 30th May, 2014

San Francisco-based bitcoin mining hardware maker BitFury announced today that it had secured a new round of financing worth $20 million dollars. Investors in the new round included Binary Financial, Crypto Currency Partners, Georgian Co-Investment Fund (GCF), Queensbridge Venture Partners and ZAD Investment Company. Angel investors Bill Tai and Jonathan Teo were also involved in […]

Report: Bitcoin ATM hints virtual currency still growing in China … quietly

Posted on 29th May, 2014

In a report published today on the Wall Street Journal‘s MoneyBeat blog, reporter Michael Casey claims that bitcoin adoption is still growing in China, although those involved are being less boisterous about it. The article cites the recent launch of China’s first two-way Robocoin ATM in Beijing’s art district as a prime example. Although the […]

Coinbase unveils social-media friendly public payment pages

Posted on 28th May, 2014

One of the first stumbling blocks for new bitcoin users is the address system. Although it’s a technically elegant result of the public/private key system, there’s something about a seemingly random string of dozens of letters and numbers that is inherently off-putting to an average person who just wants to try out this new digital […]

Report: Facebook developer Ben Davenport joins BitGo

Posted on 28th May, 2014

To call Ben Davenport a “software engineer,” as he’s been credited on Facebook since 2011, is more than a bit misleading. There’s no question that he’s a gifted developer, as he was part of the teams that developed Google AdSense and MSN Explorer, but he’s better known in bitcoin circles as one of the angel […]

SatoshiPoint launching three bitcoin ATMs in U.K. next week

Posted on 26th May, 2014

The race to become the largest bitcoin ATM provider in Britain is heating up. Later this week, U.K.-based bitcoin startup SatoshiPoint will activate two new Robocoin ATMs in London. A third ATM is tentatively scheduled to be debuted on June 3rd in Bristol. The machines are currently connected to Bitstamp, and will charge a 5% […]

Report: QuickCoin to launch Facebook integrated bitcoin wallet

Posted on 26th May, 2014

Mainstream bitcoin adoption may be taking another step forward with the introduction of a Facebook-integrated bitcoin wallet app from San Francisco-based startup QuickCoin. The company’s “social wallet” system allows users to send and receive bitcoin easily, using Facebook’s popular API to remove any technological issues for users. Speaking with CoinDesk, QuickCoin co-founder Marshall Hayner explained […]

BIP 70 protocol gains ground with Coinbase integration

Posted on 23rd May, 2014

If there is a single technical development likely to increase bitcoin’s mainstream appeal, it’s BIP 70. The protocol, introduced in the March 0.9.0 update of Bitcoin Core, is arguably the first major toolset for making the bitcoin experience user-friendly. Among other innovations, BIP 70 allows users to display their addresses in human-readable text rather than […]

Major alt-coin Ripple crashes as co-founder announces 9 billion XRP dump

Posted on 23rd May, 2014

Although designed as a trustless payment network rather than as a true virtual currency, Ripple has been one of the best known and highest profile alt-coins for the last several years. The system’s native currency, ripples (XRP), have traded as high as $0.06 in recent memory, giving it a surprisingly high market cap for a […]