Latest Bitcoin News by Category: Bitcoin Tech

Bitcoin 0.9.0 now officially released

Posted on 19th March, 2014

The latest version of the Bitcoin client is now officially available. The newly updated 0.9.0 release renames the client Bitcoin Core (to avoid confusion with the Bitcoin network generally and bitcoin the currency), and includes a host of other changes and tweaks. The update has been highly anticipated since the posting of the third release […]

Blockchain.info down due to database glitch

Posted on 18th March, 2014

Through all of the turbulence around bitcoin in the last few months, the public block chain database at Blockchain.info has been a rare bastion of stability. Late last night, however, a user on Reddit encountered a glitch in the Blockchain Shared Coin service, which quickly caught the attention of Blockchain developers. In investigating the Shared […]

“Ultra-secure” bitcoin storage service Xapo rakes in $20 million in VC funding

Posted on 14th March, 2014

If Xapo’s pitch is taken at face value, the California-based bitcoin security company will provide unprecedented levels of protection for user funds. In the wake of the Mt.Gox debacle, it’s not surprising that demand for a safe means of storing bitcoin is a high priority. Venture capital funds seem to think it’s an idea with […]

Should “milibit” or “microbit” be the new bitcoin standard unit?

Posted on 14th March, 2014

For many people, the biggest disincentive to experiment with bitcoin isn’t the volatility, it’s the price. Or rather, the perceived price. At $630, where bitcoin has been hovering most of this week, buying a single bitcoin is $100 more expensive than buying a share in Apple ($530). While experienced bitcoiners know that BTC can be […]

New Bitcoin client update nears release

Posted on 13th March, 2014

The next update to the Bitcoin software took another step towards final approval yesterday with the quiet unveiling of 0.9.0 release candidate 3. The testing version of the Bitcoin client provides a preview of the official release, expected in the next few months. While most of the changes in the code are likely to be […]

Ireland’s first Bitcoin ATM company refused bank account

Posted on 11th March, 2014

Irish Bitcoin ATM company BitVendo was set to launch their first machine in Dublin this week, but thanks to the skittishness of their would-be bank, they’ll have to wait. The company had already faced one significant setback, as the cafe that was originally slated to host the ATM backed out as the machine was being […]

Report: eBay filed patent for Bitcoin currency exchanger in 2011

Posted on 9th March, 2014

Last month, eBay CEO John Donahoe set the virtual currency world abuzz when he mentioned in a discussion about Bitcoin on Bloomberg TV that the company’s PayPal branch was “building a digital wallet that can take multiple types of currency.” Today, finance writer Brian Cohen uncovered details about eBay’s wallet, outlining the details of a […]

180,000 BTC from Mt.Gox-associated accounts on the move … but by whom?

Posted on 7th March, 2014

While the mainstream media was distracted yesterday with the possible reveal of Satoshi Nakamoto, something massive was brewing in the blockchain. A long-dormant address moved 180,000 BTC (around $113,500,000 at today’s price) to several other addresses, and then those split even further. The initial address has several connections to Mt.Gox, fueling rampant speculation about who […]

Lakota Nation adopts MazaCoin as official currency

Posted on 7th March, 2014

Last month, the seven bands of the Lakota Nation adopted their homegrown Bitcoin variant, MazaCoin, as their official currency. The new virtual currency joins a slew of similarly local projects, such as Iceland’s rapidly rising Auroracoin, in the ever-growing cryptocurrency community. What makes MazaCoin interesting, however, is that the Lakota Nation is technically a sovereign […]

AP: Newsweek subject Satoshi Nakamoto is not Bitcoin’s creator

Posted on 7th March, 2014

The cover of this week’s edition of Newsweek reported to have located mysterious Bitcoin creator Satoshi Nakamoto. Far from hiding, the 64-year-old Nakamoto, who goes by the name Dorian S. Nakamoto, was living with his elderly mother in Temple City, California. The story, while built from circumstantial evidence, made a compelling case that this was […]