South Korean Bitcoin exchange Coinplug has released three new Android apps to help spur adoption of the cryptocurrency in the country. Coinplug’s trio are familiar tools for the Bitcoin faithful: a wallet, a trading app and a self-contained point of sale (POS) system for merchants. These appear to be the first Bitcoin apps created specifically […]
Bitcoin processor BitPay announced the beta launch of a new project called Bitcore yesterday. According to the project homepage, “Bitcore is a complete, native interface to the Bitcoin network, and provides the core functionality needed to develop apps for bitcoin.” BitPay’s announcement provided a few key details about the fundamental concept behind Bitcore, explaining: At […]
Earlier this week, citing the massive DDoS attack on Bitcoin infrastructure, Bitstamp halted all withdrawals from customer accounts. That freeze on customer accounts appears to be ending, as Bitstamp recently announced via Twitter and their website that they’ll be resuming withdrawal processing later today. Speaking with CoinDesk, Bitstamp CEO Nejc Kodrič says his team has […]
The latest incarnation of Bitcoin black market site Silk Road had been hit by the same “transaction malleability” glitch that recently took down Mt.Gox and Bitstamp. A message from site administrator “Defcon” was leaked to Reddit yesterday outlining the issues on Silk Road. According to the email, no account information was hacked, and all of […]
According to a report from the International Business Times, London will soon be receiving its first Bitcoin ATM. Global Bitcoin ATM’s spokesperson claims that the machine is being updated with new software and going through compliance testing before shipping to the U.K. capital. Coindesk reports that London may soon see a boom of Bitcoin-trading ATMs […]
The Bitcoin press has been abuzz today with the recent call for alpha testers for a “secret Bitcoin project” created by Jed McCaleb. Why all the interest? McCaleb is best known as the creator of the Mt.Gox (which he sold to investor Mark Karpeles in 2011), and one of the innovators behind today’s Bitcoin and […]
Not all that long ago, Mt.Gox was the center of the Bitcoin world. It was the first major exchange to handle the virtual currency, and the largest by volume until last year. After a year-long series of blunders and one massive recent catastrophe, however, the users are fleeing the site in droves. The tech press […]
It’s been a bad week for Mt.Gox. Once the largest and best-known Bitcoin exchange, the Tokyo-based trading center has been besieged by complaints and criticism following the exposure of a weakness in their code that fails to properly compensate for the “transaction malleability” bug, first revealed in 2011. Shortly after that revelation, Mt.Gox suspended currency […]
Thanks to a prolonged distributed denial-of-service attack, Bitcoin exchange Bitstamp suspended withdrawals late Tuesday. The world’s third-largest Bitcoin exchange joins the long-troubled MtGox exchange in the fallout over the “transaction malleability” bug in the Bitcoin code. Speaking with Bloomberg News, Blockchain.info’s chief security officer Andreas Antonopoulos characterized the DDoS attacks as “a nuisance” aimed at […]
Following an already rough week of falling prices, Forbes reports that Bitcoin suffered another blow yesterday after the detection of a “massive and concerted” distributed denial of service (DDoS) attack on the block chain and related software. The attack focuses on a vulnerability known as “transaction malleability,” which allows records of transactions to be changed, […]