Latest Bitcoin News by Category: Bitcoin Tech

Report: Pony botnet virus lifts $220,000 from digital wallets

Posted on 25th February, 2014

IT security company Trustwave claims that at least $220,000 in Bitcoin and other virtual currencies has been stolen from digital wallets through the Pony botnet. In a blog posted yesterday, the Chicago-based security services provider claims the Trojan virus-based attacks can steal funds from over 30 types of wallets. According to our data, the cyber […]

Report: 100 Bitcoin ATMs coming to Spain over next three months

Posted on 24th February, 2014

According to a report published on Cryptocoins News, Spain will go from having one lone Bitcoin ATM in a Barcelona mall to having over 100 throughout the country. The ambitious plan is collaboration between ATM manufacturer PayMaQ and distributor Bbank, who aim to take advantage of Spain’s current lack of Bitcoin regulation. Under Spain’s current […]

“Bitcoin Bank” Neo opens in Cyprus

Posted on 24th February, 2014

Earlier today, the offices of “bank like” Bitcoin service provider Neo opened in Cyprus. The company provides many of the financial services of a bank, such as savings and business accounts, as well as providing access to funds through a debit card-like system powered by their sister company, Bee. The launch is already being hailed […]

BitPay’s new payment protocol may make Bitcoin shopping easier

Posted on 21st February, 2014

Bitcoin payment service provider BitPay just unveiled a powerful new tool for simplifying merchant transactions. The Bitcoin Payment Protocol enables users to simply “click on a payment link, or scan a QR code, and the wallet software offers two simple choices to the user, pay or don’t pay.” Current Bitcoin payment systems generally require users […]

Second U.S. Bitcoin ATM launches in Boston

Posted on 20th February, 2014

Welcome to the start of the U.S. Bitcoin ATM boom. Following shortly after yesterday’s launch of the first such ATM in Albuquerque, New Mexico, Bitcoin startup Liberty Teller powered up their Lamassu machine in Boston’s South Station. The busy subway station is Boston’s largest, and sees an estimated 25 million travelers a year pass through […]

First U.S. Bitcoin ATM launches in Albuquerque

Posted on 19th February, 2014

The race to bring the first Bitcoin ATM to the U.S. is over. Earlier today, Enchanted Bitcoin activated their Lammasu-made Bitcoin ATM at the Imbibe cigar bar in Albuquerque, New Mexico. The news comes on the heels of yesterday’s announcement of Austin and Seattle-bound machines by rival Bitcoin ATM manufacturer Robocoin. According to a report […]

PassportParking brings Bitcoin to parking meters

Posted on 18th February, 2014

North Carolina-based company PassportParking recently announced plans to include Bitcoin as a method of payment for their parking-payment apps. The company, which currently operates in 35 states, has partnered with BitPay to test their new payment model. Customers currently use the PassportParking app, available on both iOS and Android, to pay for metered parking spots […]

Low-Cost Bitcoin ATMs on the way

Posted on 18th February, 2014

Yesterday, Helsinki-based Bitcoin marketplace LocalBitcoins.com announced the development of their first Bitcoin ATM. The machine is set to retail for around $2,750 (€1,990), making this the least expensive such device yet announced. The ATM allows both buying and selling of Bitcoin of fiat currency from any LocalBitcoin-held wallet, and is capable of at least some […]

Seattle and Austin to get first U.S. Bitcoin ATMs

Posted on 18th February, 2014

With new Bitcoin ATMs being announced on an almost daily basis for cities like London, Vancouver and Singapore, it was only a matter of time before the U.S. got in on the action. If Robocoin has its way, Seattle and Austin will be the first cities in the U.S. to have access to this still-experimental […]

More Bitcoin ATMs coming to London, Singapore

Posted on 17th February, 2014

Residents in London and Singapore can expect to see new Bitcoin ATMs in city cafes next month thanks to Vancouver-based “Bitcoin Store” Bitcoiniacs. The company is planning on globally expanding the model already in use at the their Waves Coffee House location, combining a small brokerage office next to a Bitcoin ATM. According to an […]