Latest Bitcoin News by Category: Bitcoin Tech

Square CEO hints bitcoin integration on the horizon

Posted on 23rd September, 2014

In an interview with CBC News, Square CEO Jack Dorsey dropped an interesting hint about his company’s future relationship with bitcoin. Speaking about concerns that Square might face stiff competition from the forthcoming Apple Pay mobile point-of-sale system, Dorsey said: “We’re building a register so that sellers can accept a credit card, so they can […]

UK-based gold and bitcoin exchange Netagio passes ISAE 3000 audit

Posted on 22nd September, 2014

The first bitcoin-related company to submit to an audit under the standards of the International Standard on Assurance Engagements (ISAE) has passed with flying colors. Netagio, a small bitcoin and gold exchange based in the U.K., recently announced the results of an ISAE 3000 review conducted by international auditing firm BDO. Netagio claims this to […]

BitOcean launches two-way bitcoin ATM

Posted on 21st September, 2014

Beijing-based bitcoin ATM maker BitOcean announced the release of a new, two-way machine this week. According to a report on CoinDesk, the kiosk-style ATMs are designed to compete against similar Robocoin and Lamassu machines. In addition to allowing users to buy and sell bitcoin directly from the the ATM through a “bank level experience,” the […]

Coinbase announces new API for multisig accounts

Posted on 21st September, 2014

One of the biggest concerns with third-party bitcoin services like Coinbase is this: Who controls the private keys? If you host your own wallet on a mobile device or PC, or even have a printed paper wallet, ultimately you control when and how BTC moves from your private address to another. That’s not the case […]

Coinbase releases open-source bitcoin node for developers

Posted on 17th September, 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 […]

Circle teases new iOS and Android apps

Posted on 16th September, 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 […]

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 […]

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 […]

New PayPal video strongly suggests bitcoin adoption on the horizon

Posted on 8th September, 2014

This morning, the official PayPal YouTube channel uploaded new video titled “PayPal Voices,” focusing on the increasingly peer-to-peer nature of transactions in an increasingly decentralized economy. But a single line of the video’s text holds huge ramifications for the bitcoin community, as well as the future of digital currency. Roughly eight seconds into the video, […]