Latest Bitcoin News by Category: Bitcoin Tech

Is Snapchat planning on using digital currency as part of its monetization plan?

Posted on 18th July, 2014

TechCrunch reports today that photo-messaging app Snapchat has filed two online trademarks for peer-to-peer payments. Although the filings don’t mention bitcoin or cryptocurrency, they do outline a plan to provide electronic funds transfers in very broad terms. The two trademarks consist of “application software for processing electronic payments” and a system of “electronic transfer of […]

BitPay launches Facebook bitcoin payment app

Posted on 18th July, 2014

One of the holy grails of digital currency is the ability to break down traditional payment barriers. An app that can send bitcoin to almost anyone in the world as easily as sharing a photo could be a complete game-changer for the entire financial sector. While BitPay’s new Facebook app, Get Bits, isn’t quite that, […]

Trucoin launches instant bitcoin buying

Posted on 16th July, 2014

One of the biggest complaints about the current bitcoin ecosystem is the awkward, slow process of actually buying BTC. Even when using a mainstream service like Coinbase, bank accounts must be validated, IDs must be confirmed and transactions must use the tedious bank-transfer system. While there have been some innovations, such as bitcoin ATMs, the […]

Report: Elliptic raises $2 million in seed funding

Posted on 16th July, 2014

Bitcoin “vault” provider Elliptic announced today that it has secured £1.2 million ($2 million) in a seed funding round led by Octopus Investments. The U.K.-based company is best known for its “enterprise-grade insured storage” of bitcoin, meeting the standards required for institutional-level investments. The investment marks the first major injection of bitcoin-focused venture capital funds […]

E-commerce platform Shopify launches full Coinbase integration

Posted on 15th July, 2014

Shopify is one of the giants of the e-commerce world, enabling easy-to-implement shopping carts for over 100,000 websites. If you’ve ever ordered merchandise directly from the website of a band, sports team or popular website, odds are that their store was powered by Shopify. Starting today, all of those online stores will be able to […]

BitPay releases Copay, a open-source multi-signature wallet

Posted on 9th July, 2014

Earlier this year, Bitcoin Core developer Gavin Andresen declared 2014 to be the “Year of Multi-Sig.” The development of highly secure wallets requiring multiple private key approvals holds a huge amount of promise for more complex applications of the bitcoin protocol, enabling natively created smart contracts, escrows and corporate-style accounts where payments must receive multiple […]

Bitcoin Core update to include “floating fees”

Posted on 8th July, 2014

In an update posted to the Bitcoin Foundation blog yesterday, Chief Scientist Gavin Andresen explained the implementation of the long-rumored “floating” transaction fee system. While previous versions of Bitcoin Core had hard-coded (yet optional) fees to miners for including transactions in blocks, version 0.10 will alter the wallet code to allow high-priority transactions to happen […]

Wallet-maker Mycelium launches “Entropy,” paper-wallet generating USB stick

Posted on 4th July, 2014

Generating a truly offline, as-secure-as-possible paper bitcoin wallet for cold storage is, to put it mildly, a total pain. If you’re following the best practices advocated by most serious security experts, you not only need a completely offline machine, you also need a fresh install of your OS (or at least a Live CD or […]

BitPay introduces new decentralized authentication protocol

Posted on 3rd July, 2014

One of the mantras of cryptocurrency-advocating technology experts is that the Bitcoin protocol’s biggest innovation isn’t that it is can be used as money, but rather that it can solve any problem where users need to transmit secure information without needing to trust each other. While transmitting currency-like digital tokens is a powerful application of […]

Xapo releases updates about Xapo Debit Card

Posted on 3rd July, 2014

Online bitcoin wallet provider Xapo caught the attention of the cryptocurrency community back in April when it announced plans to debut a credit-card system compatible debit card. After the initial buzz, however, Xapo was relatively quiet about the project. In early June, Xapo founder Wences Casares said that the project was still being actively developed, […]