Was Mt. Gox CEO The Dread Pirate Roberts? The DHS Once Believed It

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Illustrations and additional reporting by Susie Cagle.

Day 3 of the Silk Road trial took a turn for the surreal when defense attorney Joshua Dratel began his cross-examination of Homeland Security Investigations agent Jared Der-Yeghiayan. The witness admitted that he had actively pursued Mark Karpeles, the erstwhile CEO of the notorious failed Bitcoin exchange Mt. Gox, as a possible match for the Dread Pirate Roberts, the operator of Silk Road. In August 2013, less […]

LakeBTC Exclusive Interview!

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Related Articles

We sat down with LakeBTC recently to find out what it was they were working on – here’s what we spoke about…

First of all, tells little bit about what LakeBTC is all about. LakeBTC: LakeBTC was started in March 2013 as a bitcoin exchange . The founding team came from financial industries and most of our early users were seasoned traders and other financial professionals from prop and flow desks […]

AirBitz Gives Away BTC in Miami Bitcoin Conference Scavenger Hunt

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Miami Beach Mobile wallet AirBitz, which provides a location-based directory to make it easier for users to spend bitcoin, is launching a giveaway promotion at the North American Bitcoin Conference in Miami, Florida.

Airbitz is calling the contest ‘Hidden Bits’, which is a scavenger hunt that will see bitcoin-loaded cards secreted in locations around the Miami Beach area during the conference.

Clues will be released on Twitter to hint at the location of the cards, which will contain QR codes giving finders access […]

Levine on Wall Street: FX Fallout and the Value of Volatility

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Franc fallout.

So … how’s your foreign-exchange trading going? Yesterday’s pick-a-number-standard-deviation move in the Swiss franc "caught everyone off guard," "sent the markets into a tailspin," is "likely to create more volatility in the short term," and left a lot of people very embarrassed or broke: Anthony Peters, a broker at Swiss Investment Corp., said firms that were selling options tied to the Swiss franc may be among losers. They would have lost money as volatility […]

Keiser Report: Bitcoin’s nefarious cousin Darkcoin (E606)

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click the link in the to sign up:Amber from Prepaid Bitcoin, explains the Bitcoin Rewards Card. These cards are encouraging mainstream adoption of bitcoin. The cards are denominated in bitco…Keiser Report Bitcoin’s nefarious cousin Darkcoin E606 JOIN QUIZGROUP PARTNER PROGRAM:Keiser Report Bitcoin’s nefarious cousin Darkcoin E606.Bitcoin is becoming world’s first […]

How Prosecutors Might Nail Ross Ulbricht Using The Supposedly Anonymous Bitcoin

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Post written by Nicholas Weaver

Nicholas Weaver is computer security researcher at the International Computer Science Institute in Berkeley

Many have quipped that the cryptocurrency known as bitcoin are really “prosecution futures,” because rather than being anonymous, bitcoins can be remarkably easy to trace since every transaction between pseudonymous addresses is publicly recorded. With the ongoing trial of Ross Ulbricht  over allegations that he was the kingpin known as the Dread Pirate Roberts behind the Silk Road online drug marketplace, this […]

Coinplug Unveils its Big Bitcoin Plans

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South Korean bitcoin exchange Coinplug has some big plans ahead.  The company is distributing pre-paid bitcoin gift cards to about 24,000 convenience stores across the country.  Thus far, about 8,000 of those stores are part of the 7-11 franchise, and other major chains are slated to be selling the cards by the end of the month.

The company confirmed in a Reddit post:

“We are in the process of distributing the cards to convenient stores.”Coinplug’s Richard […]

New European Legislation Ties Taxes in Online Orders to the Country of Purchase

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The European Union introduced legislation in November 2014 that implemented a new Value Added Tax (VAT) to virtual purchases. The legislation took effect on January 1, 2015. It is designed to reduce the  ability of companies to avoid taxes, especially large companies such as Amazon.com.

Instead of taxing an item based on the country where it was manufactured, or to the location of corporate headquarters, the item is taxed based on the country where the […]

Xapo Looks to Outer Space in Latest Bitcoin Security Push

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The normally tight-lipped bitcoin services provider Xapo has announced a slew of new updates focused on bolstering its security offerings.

Though the move allows the company to remove fees for its signature vault storage service, adding multi-signature authorization to that offering and completing a Service Organization Control 2 (SOC2) Type I Audit. But it is perhaps its partnership with Silicon Valley startup Satellogic that showcases the extent to which it seeks to secure the bitcoin it holds for customers.

Today […]

Bitcoin News Mash-Up: Coinbase Expands Territory; Roundtable Discussion Announced; and More

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Following are the major Bitcoin news of the day

Coinbase Expands its Services to Seven US States

Bitcoin wallet and payment processing company Coinbase recently announced to extend its services to over seven US states. They are: Alabama, Iowa, Kansas, Mississippi, New Hampshire, New York and North Dakota (totaling 22 states). Users from these states will now be able to buy Bitcoins without using a credit card. You can read the entire report […]

Bitcoin Wealth Alliance – Watch this before you buy Bitcoin Wealth Alliance!

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Bitcoin Wealth Alliance – Click here: http://bit.ly/Bitcoin-Wealth-Alliance

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Cryptocurrency round-up: Bitcoin bounces back, okBitcard launches and Blockcypher funding

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Bitcoin has seen a 15% increase over the last 24 hours, sparking a market-wide recovery (IBTimes UK) The price of bitcoin has rebounded above $200 following a prolonged crash earlier this week that saw the world’s most valuable cryptocurrency drop to its lowest levels since October 2013.

A 15% price rise over the last 24 hours has taken bitcoin to its current level of around $212 and has spurred other cryptocurrencies to follow in its […]

Benner on Tech: Bitcoin’s Blues and Facebook’s Free-Speech Tight Rope

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People are Talking About…

Bitcoin was supposed to be a substitute for gold , but now it’s behaving more like oil. Not the oil of 2013 and 2014 when the price spiked above $100, but the oil of today with prices below $50. Bitcoin prices have also fallen over the past year from about $1,000 to just above $200 . In both cases, the price is so low that it no longer makes economic […]

Bitmain Antminer S3 441 GH s Bitcoin Miner

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Bitmain Antminer S3 441 GH s Bitcoin Miner – Bitmain Antminer S3 441 GH s Bitcoin Miner
Bitmain Antminer S3 441 GH s Bitcoin Miner
Bitmain Antminer S3 441 GH s Bitcoin Miner
Bitmain Antminer S3 441 GH s Bitcoin Miner Caract�ristique du produit * Hash Rate: 453 GH/s ±5% * Consommation d’électricité: 355 Watt (Efficacité énergétique: 0,78 J/GH) * Grand potentiel d’overclocking: La plupart des mineurs sera capable de courir jusqu’à […]

Coinplug to Roll Out World’s Biggest Convenience Store Bitcoin Scheme

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South Korean bitcoin services company Coinplug is rolling out pre-paid bitcoin gift cards to around 24,000 convenience stories across the country, with 8,000 7-Eleven stores already participating.

The company says its ‘okBitcard’ offering will be on sale in other major chains by the end of January. With those numbers, it will be the most widespread distribution of its kind in the world to date.

Cards are printed with fiat values of 10,000, 30,000 and 50,000 South Korean won (approximately […]

South Koreans Can Now Buy Bitcoin from 7–Eleven

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South Korean exchange Coinplug is set to drive a rollout of Bitcoin gift cards, which anyone will be able to purchase from convenience stores imminently.

OkBitcard , a scheme which will allow customers to purchase US$50 worth of bitcoin, is already operational in a range of merchants in South Korea, including 7-Eleven, in the form of a printed receipt. Soon, Coinplug stated, physical cards will also be widely available.

The company confirmed in a Reddit […]

ChangeTip Integrates Slack, a New Use Case for Micropayments?

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At the start of the New Year, we reported that ChangeTip was adding Facebook and Slack integration.  The Facebook integration was already there for some users, but Slack had not yet been rolled out to the public.

Now, it is. Slack is a collaborative work platform with social elements that takes itself less seriously than other work productivity apps. It functions a bit like a message board with healthy doses of Google Drive, Facebook and […]

Reviewing The 2014-15 Bowl Season: Highest Bowl Game Prices, Attendances, And TV Ratings

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Thanks to my friends at TicketCity.com, we can review the business and financial highlights of the 2014-15 bowl season.

The highest median sale price belonged to the championship game between Ohio State and Oregon.  The game produced a median sales price of $623, which was 116% higher than the next closest game (Sugar Bowl between Alabama and Ohio State, which fetched a median sales price of $288).

The highest attendance took place at the Rose Bowl between […]

Роскомнадзор заблокировал Bitcoin.org. Зачем Порошенко мобилизация?

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ПЛОХИЕ НОВОСТИ в 21.00: Фидель жив! Зачем Порошенко мобилизация? Патриоты в Антарктиде. Волноваха…

Роспотребнадзор получил право на внезапные проверки бизнеса
Роскомнадзор заблокировал Bitcoin.org
Планируется серийный выпуск грузопассажирских экранопланов Провалена многомиллиардная программа "Сухой Суперджет" С находящимися в Антарктиде депутатами удалось выйти на связь Михалков, Рогозин и Мединский хотят создать патриотический интернет Левада-Центр: Россияне уверены, что Запад боится "военной мощи" РФ Странная вспышка озарила небо над Нижним Новгородом Демонстранты в армянском городе Гюмри требуют выдать солдата-убийцу Полиция […]

Interview with CEX.io’s Jeffrey Smith on Why They Paused Mining and the Future of the Industry

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In a less than graceful tweet, Jeffrey Smith , the CIO of CEX.io , announced that the company would be  pausing mining for its users. Taking into account the Bitcoin price drop, and the increase of difficulty, we will pause cloud mining after the next difficulty increase — Jeffrey Smith (@jeff_smith01) January 12, 2015 Instantly, the internet erupted. Accusations were thrown around, of course, and many wondered out loud if this was the beginning […]

Coinbase Expands USD Wallets To 7 New States

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Bitcoin wallet and platform, Coinbase has added USD wallets for seven more states. When USD wallets originally launched at the end of 2014 , United States residents of only 16 states were eligible for the wallets. Today, the company services a total of 22 states and 1 US territory.

USD wallets allow verified users to purchase bitcoins instantly without the need for a credit card. Previously, Coinbase users had a wait time of up to […]

Coinzone Bitcoin Payments Made Simple presented by BitcoinSolution

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Accept Bitcoin Payments

An easy-to-use system and no geographical boundaries allows us to provide you with the best payment options possible.

Localisation Expand to new markets and get paid in your preferred currency. At the same time benefit from guaranteed exchange rates.Risk Management Working with the industry’s top legal and professional experts, we’re building a globally-accessible system.Seamless Integration It’s quick and easy to accept bitcoin, thanks to our first class solutions when it comes to point-of-sale, […]

Bitcoin to Gold

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We are proud to announce that Bitreserve’s cloud money system now supports gold. Starting today, our members can hold their bitcoin as stable gold value and spend this historic precious metal anywhere bitcoin is accepted.
With our Gold Card, we are reviving gold for the purchase of goods and services. Bitreserve members can convert their bitcoin to bitgold, whose value is substantiated by bullion in our reserve, but still spend it as bitcoin. By […]

IBM’s Blockchain-Inspired Project Moves Forward Without Leader

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Internet of Things The man leading a blockchain-based Internet of Things project at IBM is now leaving his position at the company, according to Gigaom . But don’t panic, the compelling project will live on without him.

To back up a bit, the Internet of Things is connecting everyday items to the Internet, from cars to toasters. Smartphones are not the end-all for the Internet, as the argument goes. Paul Brody, VP and North American […]

Como minerar Bitcoin e Litecoin dicas, carteiras, pools, ASIC, planejamentos, compra e venda

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►| Neste longo vídeo de 1 hora, eu ensinarei tudo o que você precisa saber sobre mineração de bitcoin e litecoin, desde as coisas mais simples, sobre o que é Bitcoin/Litecoin, porque ele vale dinheiro e como iniciar no assunto; até informações mais complexas, como máquinas […]

Citizenship Renunciation Fee Up 422%–With No Return–Just Ask Bitcoin Jesus

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Tax rules for U.S. citizens are notoriously unforgiving and notoriously expansive, even for those living abroad. They are one reason the uptick in American expatriations is continuing. In fact, given the demand, the State Department raised the fee for renunciation of U.S. citizenship from $450 to $2,350. That is more than twenty times the average level  in other high-income countries. The State Department says it’s about demand on their services and all the extra workload they […]

Silk Road Reloaded Ditches Tor and Accepts Multiple Cryptocurrencies

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Silk Road The Silk Road saga lives on, and this time, the code has been forked.

The newest Silk Road player, called Silk Road Reloaded (SRR), is distinctly different in at least two ways from previous Silk Road iterations.

First, the SRR is not run on the Tor network, as almost all other drug markets are. It is instead run on a lesser-known anonymizing network called the Invisible Internet Project , or “I2P” for short. I2P […]

Ponzi Company Disappears with 1,000 BTC

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CryptoDouble , a newly launched company that promised to double cryptocurrency investments within 100 hours of deposit, recently disappeared with customers’ 1,000 BTC – leaving behind nothing but an offline website.

From what we could gather from the leftover material, CryptoDouble claimed itself to be a brainchild of some really serious “investors” that were able to return twice the amount deposited. An excerpt from their dead website read: “[We] are the group of professional traders […]

New Bitcoin Embassies in Asia Bring World Total to 17

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Bitcoin Embassy Seoul Two new Asian ‘bitcoin embassies’ opened last week in Seoul and Tokyo, with a shared mission to bring bitcoin’s message to a more general audience.

There are now 17 such advocacy centres worldwide, in all major regions except Africa. However, the organization behind the movement is currently in negotiations to set up embassies both there and in the Middle East. Gangnam style

The Seoul centre is based at the Startup Alliance co-working space in trendy […]

Jury selection starts in New York trial of alleged Silk Road creator

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NEW YORK (Reuters) – Jury selection began on Tuesday in the trial of the suspected operator of Silk Road, an online black market bazaar where users could anonymously by drugs and other illicit goods using bitcoin.

The trial in Manhattan federal court of Ross Ulbricht, 30, marks the highest-profile test yet of U.S. authorities’ efforts to crackdown on the use of the digital currency bitcoin for drug trafficking and other crimes.

Ulbricht faces seven counts including […]

Russian Authorities Blacklist 5 Bitcoin-Related Websites

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The Federal Supervision Agency for Information Technologies and Communications (Roskomnadzor in Russian) has blacklisted five Bitcoin-related websites.

Roskomnadzor has effectively blocked access to Bitcoin.org – an online community of cryptocurrency users and specialists supported by the Bitcoin Foundation – entering it into a registry of prohibited websites despite the site not having any user-submitted content.

Upon accessing Bitcoin.org, users have been receiving the following: — Access Denied. Access to the requested resource was blocked in […]

How Credit Card Fraud Sank One Bitcoin Exchange

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Avoiding credit card chargebacks One of the biggest problems for bitcoin exchanges and their customers is often making the exchange quick and easy. Exchanges like Canadian firm Virtex made the decision a long time ago not to accept credit cards. Their biggest concern? Fraud, in the form of chargebacks.

In a credit card chargeback, a credit-card paying customer asks the issuing bank (the bank that gave them the card) to reverse a transaction made with […]

Fools’ Gold Rushes (Op-Ed)

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Gold Rushes Flike


G+1PinThe Bitcoin market is entering a phase of faux innovation that seems to be driven by either frustration over having entered the field late in the game, or by outright fraud; sometimes, it is a bit of both.Instead of starting firms that use Bitcoin or helping the core developers with incremental improvements to the system, pretenders hawk Cryptocurrency 2.0 Bitcoin-killer vaporware, complete with slick logos and promotional videos promising a new life […]

Accused Silk Road creator goes to trial amid U.S. scrutiny of bitcoin

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NEW YORK (Reuters) – A U.S. crackdown on use of the digital currency bitcoin for drug trafficking and other crimes is headed for its highest-profile test yet, as a trial begins for the alleged creator of an online marketplace catering to vice.

Jury selection is scheduled for Tuesday in Manhattan federal court in the case of Ross Ulbricht, who authorities say created Silk Road, an online black market where drugs and others illegal goods could […]

Ross Ulbricht Trial Set to Begin

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Alleged drug kingpin Ross Ulbricht , who is currently facing charges of running a criminal enterprise, money laundering and drug trafficking, is set to begin his trial in Manhattan tomorrow on January 13th.

Ulbricht was arrested in the San Francisco Public Library over a year ago where he was accused of running the underground Silk Road marketplace that allowed consumers to purchase everything from weapons to fake passports with bitcoin.

It appears as though Ulbricht is […]

‘Don’t Complain…You Didn’t Bother to Speak Up’: Ross Ulbricht Trial Begins

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Ross Ulbricht Flike


G+2PinSome are labeling it the trial for Internet freedom, others – freedom to retain some privacy – but it will center around one man. The alleged operator of Silk Road known by his pseudonym Dread Pirate Roberts (DPR) was identified by Law Enforcement to be Ross Ulbricht and tomorrow, he will stand trial on charges ranging from drug trafficking to money laundering to running a criminal enterprise. The trial will begin at […]

Patrick Byrne: ‘Medici Will Be a National Market System Compliant and Able to Trade Everything’

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Patrick Byrne Patrick Byrne , CEO of Overstock, speaks with CoinTelegraph about the company’s new projects, including Medici and whether it will work with the Counterparty platform, how Wall Street and regulators are receiving the project, and how the old system has allowed financial predators to roam free. “You do not replace cancer. You instead cut out the tumor.” CoinTelegraph: We can start with your new project, Medici . How have Wall Street traders […]

The Strangest Altcoins of 2014

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The past 12 months have seen a veritable explosion in the number of alternative digital currencies, otherwise known as altcoins.

The numbers for exactly how many altcoins are in existence vary depending on the measure. CoinMarketCap.com lists 554 cryptocurrencies at the time of writing – up from around 67 a year ago.

According to some estimates, however, thousands of altcoins have seen some level of circulation since the bitcoin protocol first became available for use and adaptation.Many altcoins set […]

5 Cryptocurrency Caricatures You’ll Meet on r/Bitcoin

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People using computer Calling Reddit a community is a bit like calling Los Angeles a community. It is actually a network of countless sub-communities (conveniently called ‘subreddits’) held together by an absolute respect for anonymity, free speech and the democratic process.

If you post what you want, upvote what you like and downvote what you don’t like, what will emerge is an aggregate of what the community finds valuable. That’s the idea, anyway.

Reddit’s radical libertarianism […]

Payments Veterans Seek to Unlock Blockchain’s Power With Align Commerce

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The bitcoin blockchain can be utilized to store transaction records in its public ledger database, but that is far from its only use case.

Novel real-world applications in the fields of  smart contracts and intellectual property rights , have begun to surface, providing a glimpse of the kinds of future technologies many believe cryptocurrencies can help society unlock.

Still, the most immediate use for the technology has been for payments, and with this is mind, startup Align Commerce […]

Overstock.com installs bitcoin ATM at headquarters as Patrick Byrne prepares to pay employees in cryptocurrency

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Overstock.com installs Bitcoin ATM at headquarters. (Reuters) Bitcoin-friendly US retail giant Overstock.com has installed an ATM to promote the digital currency at its corporate headquarters in Salt Lake City, Utah.

The ATM is accessible 24 hours a day and allows the public to convert US dollars to bitcoin, and bitcoin to US dollars, the company said in a statement . It is manufactured by North Carolina-based CoinOutlet, Inc.

"Moving cryptocurrencies out of the realm of geeks […]

Overstock Installs Bitcoin ATM at Corporate HQ

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CoinOutlet, Overstock US retail giant Overstock has installed a bitcoin ATM in the lobby of its Salt Lake City, Utah, headquarters.

Part of an effort to further encourage digital currency use amongst its staff, the news coincides with the announcement that it is in the process of offering its employees the option to receive their pay in bitcoin. Further, it comes just one year after it first began offering US customers a bitcoin payment option […]

US Digital Currency Pioneer Taps UK Crowdfund Investors

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2014 ended well for digital currency company, Bitreserve. With a crowdfunding campaign up and running here in the UK and a parallel investment drive underway on the other side of the Atlantic, the US-based business succeeded in raising £6.3m ($9.6m) before the year drew to a close.

In the US, Bitreserve used San-Francisco-based investment platform Venovate to source funding from its community of “sophisticated” investors. Meanwhile here in Britain, the company pitched its offering via […]

Benner on Tech: Starboard Cynics and Zuckerberg on Censorship

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People Are Talking About …

This week in hilarious bloviating: Activist investment firm Starboard Value warned Yahoo in a letter that it doesn’t like rumors that Marissa Mayer might want to buy Scripps Networks or Time Warner’s CNN . I don’t like those rumors much either. When’s the last time a tech company successfully transformed into a media company? Facebook and Google are working on it, but they have a long way to go […]

How Pey Got 50 Merchants to Accept BTC and Create Hannover’s Bitcoin Boulevard

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Fifty shops in Hannover have signed up to Pey’s beacon powered merchant and customer Bitcoin system. The app and hardware system is fighting to make Bitcoin payments easier for both parties to process, but faces strong competition from NFC developments from Circle.

Pey aims to simplify over the counter Bitcoin transactions by using beacon technology at the cash register to suggest payment in bitcoins and to launch the user-preferred wallet service if desired. By […]

Tibdit to Launch Bitcoin Tipping Tool for Publishers

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Photograph of Tibdit team. London-based startup Tibdit is to officially launch its new service on 19th January, allowing online content publishers to collect to bitcoin micropayments through a WordPress website plug-in.

The new service could add to the rising interest in micro-transactions characterised by ChangeTip , a social media tipping tool.

Payments to Tibdit can be made in bitcoin or with a credit or debit card, but must be collected in bitcoin. As a result, publishers will need a bitcoin address in […]

Coinbase Updates User Agreement to Access Customers’ Credit History

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Coinbase has updated its User Agreement to allow the company, either directly or through third party intermediaries, to collect credit histories from its 1.9 million users.

The new terms in the second paragraph read as follows: “You hereby authorize Coinbase to, directly or through third parties, (i) Make inquiries we consider necessary to verify your identity and/or account information and (ii) request and obtain any consumer report, credit report or similar information relating to you […]

Apple Introduces SaruTobi, an IOS Bitcoin Game

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Known as SaruTobi, users play as a monkey that collects bitcoin tokens while swinging from trees and vines.

Sure, the graphics seem like something out of the original “Mario Bros” venture, but who cares?  For old-school fanatics who also happen to be bitcoin enthusiasts, the game is right up their alley.  Forget the look of the game… It’s the bitcoins that players likely care about.

Developer Christian Moss describes the game:“SaruTobi is literally Japanese for ‘Monkey […]

Paycoin Attempts To Explain Away Pay Floor, But Deleted Statements Appear To Tell A Different Story.

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[Update: Coinfire and members of the Bitcointalk forum have reported that Circle, Paybase/Paycoin’s credit card processsor, has cancelled Paybase’s account, presumably for violating Circle’s TOS policy on virtual currencies]

At the center of the Paycoin controversy is the disagreement among critics and GAW over if the US $20 price floor was ever actually something they promised to enforce. The company recently released a statement explaining their side of the argument.

They claim that the US$ 20 […]

Unexpected Home Search Prompts Purse.io Customer Protection Guarantee

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For  Purse.io has announced plans to offer a $10,000 guarantee plan to protect users from any costs related to purchasing items through its website.

The program, launched on 7th January, will also be available retrospectively to users who report incidents on any past transactions.

Andrew Lee, CEO of the American start-up said, "Our payment flow relies on two irreversible transactions: bitcoin transfer through escrow and delivery of a physical good. This is one of the reasons why […]

How Your Teenage Son or Daughter May Be Buying Heroin Online

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One element of cybersecurity that is often overlooked is the impact of the cyber world on people’s physical security. Parents seeking to protect their children are often aware of concerns such as cyberbullying and adolescents making inappropriate social media posts, but remain uninformed about the grave danger of easy access to illegal drugs facilitated by the protection afforded by the anonymous nature of the Internet.

I recently sat down with Dina Gusovksy of CNBC to […]

No More Burners: Using BitSMS and ChiliPhone Together Can Eliminate The Need For Disposable Phones

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For those who exist in the gray and darker areas of the legal spectrum, pre-paid “burner” phones offer a convenient, workable way to avoid surveillance.  Buy a phone at a gas station with some prepaid minutes, call or text your clients, get rid of the phone before the authorities are even aware of the number.

There are problems with that method. The hardware is an unnecessary expense, gas station attendants might wonder why you keep […]

Litecoin Continues to Trend in Bearish Area

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The lack of substantial trading volume is keeping Litecoin to where it was – in a long-term bearish bias. From over a week, the silver coin is limitedly consolidating sideways and has tested 1.90 as the key support level. It meanwhile has attempted to break above 2.20 – the 2014’s low and now an important resistance level. As you can refer the 4H chart above, the 26- and 12-hour EMAs are almost parallel (magenta and […]

Kickstarter Ditches Amazon for Stripe for a ‘Simpler, Faster and Easier Checkout Process’

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American crowdfunding platform Kickstarter, leaves Amazon for Stripe, an online payment service known for its flexibility and ease of setup. Stripe is currently running beta test of Bitcoin support, which the startup expects to exit this month.

Kickstarter , a popular crowdfunding platform used by artists and inventors to raise funds for projects, announced in a blog post it had partnered up with Stripe for a "simpler, faster and easier checkout process" for creators […]

Clearing the Air Over MaidSafe’s Patent Request: An Interview with COO Nick Lambert

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“Our connection to Bitcoin is that we share the community’s passion for decentralization and its ability to re-address the balance of power.” —MaidSafe COO Nick Lambert A recent article published on CoinTelegraph, entitled MaidSafe Founder Seeks Monopoly on ‘Distributed Network System,’ caused some unintended controversy. We feel it is our duty to provide readers with all available information, which is why we got in touch with MaidSafe COO Nick Lambert.

David Irvine, founder and lead […]

Academic Research on Bitcoin Tripled in 2014

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Bitcoin graduate Academia is increasingly focusing on bitcoin, and hundreds of papers on the subject have now been published, according to research by author and alternative finance commentator Brett Scott.

Notably, more than three times as many papers were published in 2014 as in the previous year.

Scott pieced together a database of published research on the digital currency by combing through 16 online repositories, including Google Scholar and academic publishers’ websites.In addition to peer-reviewed research, he included self-published and independent work, […]

“Bitcoin Jesus” Roger Ver Denied Entry to U.S.

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Oh, ye of “too much faith!”  Those who follow the “Bitcoin Jesus,” as he’s come to be called will not be able to witness their leader rise to the top on U.S. soil.

As it so happens, bitcoin evangelist Roger Ver is being denied entry into the United States to speak at the North American Bitcoin Conference in Miami after renouncing his U.S. citizenship.

Ver earned citizenship with the Caribbean island nation of St. Kitts and […]

Bitcoin Trading Comes to Nigeria

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South African bitcoin exchange ICE3X has now made it possible to trade bitcoin in Nigeria through a partnership with Nigerian payment processor VoguePay .

Exchange founder Gareth Grobler described the situation with enthusiasm, and feels that Nigeria, Africa’s most populous country, is the prime area for a possible bitcoin market:

“The market… is potentially massive.  VoguePay have spotted the opportunity bitcoin offers, seeing as one of the primary attributes of bitcoin is its security.  Nigerian online […]

South African Bitcoin exchange ICE3X has launched Bitcoin trading in Nigeria

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Nigerians can now trade Bitcoin as South African Bitcoin exchange ICE3X has launched Bitcoin trading in the country for the first time. Thus, the organization has opened up a potentially huge market for Bitcoin in Africa’s most populous country. For the purpose the company has formed an exclusive partnership with Nigerian payment processor VoguePay.

According to a source from ICE3X the partnership with VoguePay will allow users to buy and sell Bitcoin using the local […]

Cubits App Launch Aims to Accelerate Bitcoin Buying in Europe

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Cubits has launched a web app designed to speed up and simplify bitcoin transactions.

Notably, the London-based cryptocurrency startup allows customers to buy bitcoin in minutes, making it one of the fastest digital currency platforms in Europe, according to the company.

"We want to speed up the process of getting bitcoin and making online payments fair and accessible, especially for merchants and charities that could really benefit from lower fees," said Andreas Lehrbaum, co-founder of  Cubits  and […]

My Experience in ‘Bitcoin City’ Arnhem

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Arnhem Bitcoinstad In October of 2014, CoinTelegraph reported that the city of Arnhem in the Netherlands had become the densest concentration of Bitcoin merchants in the world. And in November, the organizers held a successful six month anniversary event entitled “Arnhem Bitcoin Metropolis,” which attracted nearly 100 people who made over 175 Bitcoin transactions. First Stop: Bitcoin City

While on vacation in the Netherlands during the holiday break, I decided to bring my bitcoin-filled […]

Circle brings out NFC payments in the battle for in-store Bitcoin convenience

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Circle has announced it now supports NFC payments from its Android app. Joining other mobile wallets such as Hive , Mycelium , and LazyPay in using this technology, all are hoping to drive the acceptance of Bitcoin payments at the cash-register by increasing the convenience for users and merchants.

Announcing the news on the Circle Blog  yesterday, the digital wallet and payment platform has joined an increasing number of mobile digital currency wallets that are […]

Cryptocurrency round-up: ‘Bitcoin Jesus’ denied US visa and Nigeria’s first exchange

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Bitcoin sees a resurgence in price as Nigeria opens its first bitcoin exchange and Roger Ver is denied entry to his country of birth (IBTimes UK) Bitcoin has seen a resurgence in price over the last 24 hours, as a 5% surge in value has gone some way to recovering from the significant crash that took place at the start of the year.

The brief rally has brought bitcoin’s price up to just above $285, […]

ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies

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ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies ShapeShift releases the Shifty Button, a tool allowing online merchants to start accepting payments in 11 different cryptocurrencies, including Bitcoin and leading altcoins Litecoin, Dogecoin, and Darkcoin.

The Shifty Button is a free and simple HTML code, which can be placed into any payment page. When added to a website, users are then given the ability to deposit any of the altcoins supported […]

ICE3x Launches Nigeria’s First Bitcoin Exchange

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Nigeria currency South African bitcoin exchange ICE 3 X has launched bitcoin trading in Nigeria for the first time, opening up a potentially huge market for bitcoin in Africa’s most populous country.

The company has formed an exclusive partnership with Nigerian payment processor VoguePay , allowing users to buy and sell bitcoins using the local currency, the naira, directly from existing VoguePay wallets.

ICE 3 X  is also planning to roll out merchant services allowing local […]

Appcoins, Crypto Crowdfunding, and the Potential SEC Regulation Pitfall

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A quick scan of any popular cryptocurrency forum will reveal numerous announcements for crowdfunding campaigns intended to support the launch of a new altcoin or decentralized application.

In these crowd sales, digital tokens associated with the application (called “appcoins”) are sold to early adopters in an effort to raise capital for the new project. The hope of many who purchase appcoins in a crowd sale is that the price of the coin will go up […]

Argentinian Organic Farmers Reach out to Bitcoin for Help

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Nubis Bruno, an Argentinian web developer, has designed a way to help organic farmers in his country sell their goods online using Bitcoin.

Farmers in the Buenos Aires, the capital, struggle to sell their products in the cities markets. The alliance between Nubis Bruno and Santiago Zaz is changing this for the better. Bruno is a Bitcoin entrepreneur and co-founder of a Bitcoin exchange in Buenos Aires. Nubis Bruno, an Argentinian web developer Zaz, a […]

Keeping Score at the 2014 Bitcoin Bowl

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Bitcoin bowl By Chris DeRose

The Bitcoin bowl was an explosion of hype, confidence, and unbridled optimism. It was a wonderful success for Bitcoin, and an amazing moment in our movement. Many articles have already been written in the short time since the Bitcoin bowl has ended, which discuss the amazing and outstanding event that has just occurred. I myself have even published a fun video of my time at the Bitcoin Bowl . Exponential […]

Think Tank Launches To Educate Lawmakers and the Media on Blockchain Technologies

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Coin Center In September, Coin Center announced that they were launching a blockchain-technology think tank with a $1 million budget . Tuesday, they kicked off the website, which includes a number of resources.

The think tank, which they call “ a new voice for Bitcoin ,” is dedicated to spreading knowledge about cryptocurrency technologies. Coin Center runs under the vision of Executive Director Jerry Brito, who left his position as senior research director at Mercatus […]

Concerning Garza, TNABC and Bitcoin Media: ‘Down with Everything Associated with Anyone’ (Op-Ed)

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Concerning Garza, TNABC and Bitcoin Media: ‘Down with Everything Associated with Anyone’ (Op-Ed) Paycoin was announced back in November and became a media darling, thanks to backing by Josh Garza’s GAW Bitcoin mining company and a promised feature set that was longer than a rich kid’s Christmas list.

Then it all came crashing down . The most exciting feature, and the one many people cared about, was the promised US$20 price floor . Other alleged […]

Wedbush: Bitstamp Issues Shouldn’t Dampen Confidence in Bitcoin

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Wedbush Securities issued a new report today in which it examines how bitcoin evolved in 2014 and why, despite challenges, it believes the ecosystem will bolster its still nascent infrastructure in 2015.

The 13-page report is the latest from the US financial services and investment firm, which has been among the more outspoken players in the finance industry on the subject of digital currencies.

Though wide-ranging in its analysis of the bitcoin ecosystem, perhaps the most notable comment […]

US Treasury to Consider Bitcoin Industry Concerns Over Banking Access

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The US Treasury Department plans to spell out the government perspective on financial access for money services businesses (MSBs), as well as hear concerns from the MSB community, at a roundtable discussion next week.

In response to the announcement of the meeting, the Chamber of Digital Commerce  (CDC) has created the Financial Access Task Force and applied to make a presentation highlighting the issues that digital currency businesses face when trying to establish banking relationships.

The CDC, a digital currency advocacy […]

Understanding Bitcoin: Cryptography, engineering and economics by Pedro Franco [Review]

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Understanding Bitcoin (Wiley, 2015) At the core of this scholarly book is a dissection of bitcoin’s biggest achievement. That is the transmission of value over the internet, an inherently insecure channel, without any reliance on a trusted third party. Even the harshest critics of bitcoin the currency (as opposed to Bitcoin the protocol) would agree the technology has legs, and then some.

Pedro Franco, the author of ‘Understanding Bitcoin: Cryptography, engineering and economics’ begins with […]

Life, liberty, and a stateless society: A bitcoin dramatic reading

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From the brave minds at /r/bitcoin

Bitcoin, has the best chance of ending the tyrannical state than anything else in human history. Do I care if another crypto-currency succeeds? No. I care that the ultimate lie of democracy and the violent existence of the state and its ruling class are brought to their knees, for good. Bitcoin sits at the head of the table in this aspect, and I will support it […]

Leverage Holdings, LLC Brings the First Bitcoin ATM in Iowa

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Leverage Holdings, LLC, the parent company of Leverage Consulting, Leverage Metals, Leverage Cloud Brokerage and Fungicoin, says that it has brought in the first Bitcoin ATM in Iowa. The announcement came in the form of a press release wherein the company says that that is moving into the Gravitate Entrepreneurial space in the Midland Building.

The press release issued by the company says that it is moving to Midland Building with big plans for the […]

Why I’m Excited By The New CO2 Fit App, An App To Get The Planet Fit

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For years I have wondered: Why, if we can measure our fitness, or how many steps we are taking and thus get a measure of our overall health, why can’t we do the same with the environment? Why can’t someone create an app which “gamifies” us into cycling rather than driving, or taking a train or just generally pump less CO2 into the atmosphere, and creating global weirding ? If we can create an […]

Bitcoin Demonstrates Its True Potential at an Organic Farm

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ForexMinute.com – Somewhere in Argentina, a small entrepreneur is making major improvements in the lives of organic farmers. His tools however are not some agricultural machinery, but a digital currency.

Nubis Bruno is that emerging entrepreneur and a passionate web developer who recently designed an ecommerce platform for the organic famers of Tierra Buena, Argentina. With an aim to cut down bureaucratic middlemen, he added Bitcoin payment services to the website following which farmers are […]

UK-based exchange LazyCoins Launches mobile app for payments and merchant services

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In an announcement the UK-based altcoin exchange LazyCoins says that it is relaunching its online exchange. At the occasion it also promises to launch a mobile app for payments and merchant services. With the move the company aims to expand the services to include mobile payments and merchant services.

The statement from LazyCoins says that it will be moving into direct competition with industry leaders BitPay and CoinBase’s own merchant apps. Also, the company says […]

LazyCoins Launching LazyPay Mobile Wallet and Merchant App for the Point-of-Sale Bitcoin Market

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UK-based altcoin exchange LazyCoins has announced they are relaunching their online exchange, along with a mobile app for payments and merchant services. Aiming to expand their services to include mobile payments and merchant services, LazyCoins will be moving into direct competition with industry leaders BitPay and CoinBase’s own merchant apps.

LazyCoins is entering the fight to provide merchant services in the digital currency world. This was one of the growing trends at the end of […]

6 (More) Bitcoin Myths Debunked

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We’ve all heard them before.

As a groundbreaking innovation, bitcoin naturally attracts skeptics just as strongly as it attracts supporters, and the technical and theoretical complexity of the digital currency can cause a considerable amount of confusion with those who are not ‘in the know’.

The result is that critics of bitcoin oftentimes fall back on one or two euphemisms to express why they think it will never succeed – simplified statements like "bitcoin is a ponzi […]

Bitcoin Mining Centralization Counteracted by Malicious Pools, Says Study

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Bitcoin mining centralization – the concentration of mining power in the hands of a small number of corporate entities – is considered by many people to be the single biggest problem facing the cryptocurrency today.

One of the biggest selling points of Bitcoin is, after all, the fact that it is a decentralized network that does not need to rely on users trusting large corporations, such as the ‘too big to fail’ banks which many […]

CoolWallet : The most convenient Bitcoin cold storage

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The evolutive Bitcoin cold storage device that makes it easy & safe to receive, store & send bitcoins.

Absolutely safe
However dangerous your internet environment is, your bitcoins are always safe as your private keys never leave CoolWallet. CoolWallet’s OTP system allows only the user to sign the transaction offline. It is even waterproofed.
User friendly CoolWallet is credit card sized that perfectly fits in your wallet. You can carry your fortune with you all […]

Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support

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Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support On Thursday, Carlo Caraluzzo reported that American whistleblower Edward Snowden is accepting bitcoins to finance his legal defense. “Snowden is accepting donations in PayPal, credit card, check, bank transfer and now, of course, Bitcoin. Donations can be made at this location . The donation website is in fact owned and operated by WikiLeaks and is registered by Julian Assange, […]

SpaceBit To Build Cryptocurrency Bank in Space

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A new start-up company called SpaceBit has announced plans to launch a satellite, carrying a ‘Space Vault’ into orbit around the earth. This vault will form the basis for a new cryptocurrency bank aptly named ‘ Space Bank ‘, which is being described as ‘the world’s first satellite banking platform’.

According to an official press release the futuristic new banking service will cater to users of both Bitcoin and Ven (a digital currency used by […]

CoolWallet: the most convenient Bitcoin cold storage

By | Bitcoin Entertainment | No Comments

The evolutive Bitcoin cold storage device that makes it easy & safe to receive, store & send bitcoins.

Absolutely safe
However dangerous your internet environment is, your bitcoins are always safe as your private keys never leave CoolWallet. CoolWallet’s OTP system allows only the user to sign the transaction offline. It is even waterproofed.
User friendly CoolWallet is credit card sized that perfectly fits in your wallet. You can carry your fortune with you all […]

Virtual Roger Ver Spotted Handing Out Bitcoins in NYC

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As most Bitcoin fans know, Roger Ver recently gave up his US Passport, so for the time being he is unable to set foot on US soil. His presence in the US, however, will not be stopped.

While enjoying the sun on a Caribbean Beach, Roger Ver simultaneously romped the streets of New York City, taking in the sights of the Financial District, trying to convince unsuspecting bystanders to except a few dollars in bitcoins. […]

California Approves Bitcoin for Transactions

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California has now become “Crypto-rnia”.

The state’s governor Jerry Brown has approved bitcoin for transactions, thus making California a sturdy haven for digital currency.

The news comes following the ratification of a new finance bill originally approved in the summer of 2014.  The bill’s objective was to end all prohibitions on alternatives to U.S. dollars for commerce in the state.  Through the bill’s official ratification, alternate currencies (including bitcoin and related virtual monies) are hereby permitted […]

Snowden Looking to Bitcoin to Raise Funds for Legal Trust

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Edwardsnowden.com , a website raising funds for whistleblower Edward Snowden ’s legal defense campaign, is announcing that it will accept bitcoin donations for the cause.

Snowden had previously leaked millions of classified documents to various members of the media, showing evidence of government spying on Internet users and wiretapping phone calls.  He has been hiding in Russia ever since and is wanted by the U.S. on charges of theft and espionage.

When speaking of the incident, […]

California Governor Approves Bitcoin for Transactions

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[Editor’s note: The original version of this article carried the headline “Bitcoin becomes legal tender for transactions in California.” The use of the phrase “legal tender” overstated the extent of the new legislation, and was inaccurate. Although alternative currencies are now legal for transaction in California, there is no legal obligation for their acceptance in transactions. CoinTelegraph is sorry for the error.]  

Bitcoin can be accepted and used for transactions in the US state of California […]

Study: How Bitcoin Could Transform Personal Insurance

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A new paper explores how Bitcoin could transform the way we manage personal life insurance. Namely, the blockchain could provide a global, secure and public record of personal health information.

In a 51-page report , the research group Long Finance described a range of potential areas where the blockchain could come in handy in the insurance sector. The London-based initiative “holds hope” that these applications could aid consumers. From August to November, the Z/Yen Group […]

BitPay Becomes the First Bitcoin Company to Feature in a TV Spot

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After the first-ever Bitcoin Bowl football game sponsored by BitPay , a popular Bitcoin processing service for consumers and merchants, it has become the first time Bitcoin that has been featured in a TV spot. Nonetheless, though it was a smaller bowl, it has been cited to have pulled in 3.3 million viewers.

According to the Bitcoin payment processor conceived by Felton Interactive Group, the two new ads promote Bitcoin and BitPay as a secure […]

How to Avoid Bitcoin Scams in 2015

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2014 has been a monumental year for bitcoin in many respects.

Consumer adoption rose significantly and a host of retailers, including huge global corporations, decided to take the plunge into digital currency. What’s more, regulators have started to reveal increased understanding of the technology and bitcoin’s blockchain is widely being recognised as a truly innovative technology.

But it has not all been good news.The February collapse of Mt Gox , then the largest bitcoin exchange, shone light on the importance of […]

Mike Hearn: How Bitcoin’s Technology Advanced in 2014

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Bitcoin and code In just a few days, bitcoin will have been in development for five years.

For those of us who watched it grow from a humble Windows-only desktop application to today’s global infrastructure, bitcoin’s technology is simultaneously astonishing and frustrating. We marvel at how far it’s come, and yet are impatient with how far it still has to go.

Most media stories reviewing bitcoin’s 2014 focus exclusively on the price . So, instead, let’s take a […]

Bitcoin Bowl Merchants See Tech’s Big Picture, But Few Sales

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The Bitcoin St Petersburg Bowl may have given bitcoin a visibility boost on primetime TV, but according to local merchants who participated in its promotion, this attention didn’t always translate into an increase in local sales or customer interest.

As part of our Bitcoin Bowl coverage , CoinDesk surveyed more than 20 St Petersburg merchants about their experience supporting the event, though more were approached for comment. BitPay had said that more than 100 businesses in total signed […]

2014 Bitcoin St Pete Bowl Game Day-(First Draft)

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Edited by Cameron & Daniel Foard
Produced by Daniel Foard
Videophotog.com for ESPN Events St Petersburg Bowl

Sideline Reporter: Jonathan SchillaceCamera Operators" Dan Foard, Cameron Foard, Mike Fowler Animation by Cliff Cooke Visioneeringproductions.com Utility & Production Staff : Amanda Smolen, Corey Kullmman Kimberly Foard Previous segments edited by: Rob MasonSpecial thanks to Bret Dulany, Kathy Hnat, Mike Alstot, Rob Stuart, Bitcoin Tony Gallippi and the Florida and North Carolina […]

Bitreserve Exceeds Crowdfunding Goal To Raise $9.5 Million

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Bitreserve has broken through its £6 million GBP ($9.35 Million USD) target on the British crowd-funding website Crowdcube.

With 8 days left to run , during which time they can continue to receive ‘overfunding’ investments, the South Carolina (United States) firm is already claiming the second biggest ever crowdfunding campaign for a cryptocurrency project, behind only Etheruem’s ‘pre-sale’ of tokens, and is comfortably the largest one ever for a Bitcoin company. This ‘Series B’ investment […]

Microsoft Further Experimenting with Bitcoin

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Microsoft caused quite a stir earlier this month when it announced that customers could use bitcoin to pay for certain content in the Windows and Xbox stores.

While not accepting bitcoin on a global scale just yet, Microsoft has mentioned that it is experimenting with the cryptocurrency and its related technology in the hopes that doing so will allow for greater expansion.

A spokesman for Microsoft said:“We are a global company, and we always think about […]

Green Man Gaming Now Accepts Bitcoin

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Green Man There is now another, more traditional method of buying PC games with Bitcoin. Green Man Gaming quietly began accepting the digital currency early last month.

Besides accepting Bitcoin, Green Man Gaming is unique because it allows customers to sell the digital rights of their game back to Green Man Gaming if it is purchased on the affiliated Playfire distribution platform. That comes back in the form of credit. Games cannot currently be sold […]

Edward Snowden Is Accepting Bitcoin Donations for His Legal Defense Fund

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Edward Snowden Edward Snowden now accepts donations in Bitcoin for his legal defense fund.

Snowden is one of the most well-known people in the world. The computer professional made his name after he exposed the massive spying programs that are being used against not only American citizens, but everyone in the world. Because of how he came by this evidence, though, Snowden is now a fugitive from the United States and is taking shelter in […]

‘Star Trek’ Will Be in ‘Star Wars’ in 2015

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This will not happen next year. Photographer: Ezra Shaw/Getty Images” src=”http://media.gotraffic.net/images/iCMjbI3vm5KU/v3/620×349.jpg”> This will not happen next year. As 2014 draws to a close, I offer my predictions for the new year. Some are serious, some are whimsical, most are heartfelt. They are not listed in order of importance.

* * *

In 2015 …With the help of U.S.-led coalition attacks on Islamic State, the Syrian regime of Bashar al-Assad will survive another year. To his east, […]