Archive | News

Bitcoin News

Warning: Android Security Vulnerability

Via What happened We recently learned that a component of Android responsible for generating secure random numbers contains critical weaknesses, that render all Android wallets generated to date vulnerable to theft. Because the problem lies with Android itself, this problem will affect you if you have a wallet generated by any Android app. An […]

Continue Reading 0

Not Letting Bitcoin Turn Into Govcoin

The recent launch of DATA (Digital Asset Transfer Authority), an organization designed to facilitate self-regulation of Bitcoin industry, has set off a chain of diverse reactions within the Bitcoin community: ranging from joy to anger, confusion, suspicion, disdain and fear.  In the following article, published in American Banker, Jon Matonis, Bitcoin Foundation’s executive director, makes […]

Continue Reading 0

The Flight To Bitcoin

What do the beginning of an era and the end of an era have in common? In both of the cases, no one sees either one coming. Every generation lives its life on this planet under the illusion that all the major changes have already happened, all the great battles have already been fought, all […]

Continue Reading 0

BitPay Partners With 3dcart, Providing16,000 Online Merchants The Ability To Accept Bitcoin

“What can you possibly buy with bitcoins?” – skeptics had been asking us by year 2011. It was still common to hear that question in 2012. Meanwhile, companies like BitPay were busy availing themselves of the extraordinary opportunities offered by this new economy, still small and immature, but definitely poised for the future rapid growth we […]

Continue Reading 1

Bees Brothers: World’s Youngest Bitcoin Entrepreneurs

Via CoinDesk Most teenage boys are far too busy at school and interested in playing sports and computer games to set up a business on the side. But nestled between two mountain ranges in northern Utah, USA, there are three brothers who are possibly the youngest bitcoin entrepreneurs out there. At 14, 13 and 10 years old, […]

Continue Reading 0

DATA: A Self-Regulatory Body For Bitcoin Industry

Via CoinDesk Luminaries in the bitcoin community have launched a self-regulatory body in an apparent attempt to gain a cohesive voice in the ongoing tussle with financial regulators. The Committee for the Establishment of the Digital Asset Transfer Authority will “work proactively with regulators and policymakers to adapt their requirements to our technologies and business models,” said the […]

Continue Reading 0
bitcoin better

Erik Voorhees: Bitcoin Is The New Frontier

In 2011, Erik Voorhees decided to abandon his other undertakings to devote himself exclusively to Bitcoin-related ventures (Bitinstant, Coinapult, SatoshiDICE). If you want to understand what led him down this road and learn more about his motives and reasons, here’s the interview Felix Moreno of Bitcoin Magazine did with this pioneer of “Digital Wild West”. […]

Continue Reading 0

Bitstamp Overtakes Mt. Gox For The First Time

Via CoinDesk Mt. Gox has long been the leader of the bitcoin exchange market, but earlier this week Bitstamp revealed itself as a serious contender. On Monday (22nd July), 8,294.02 BTC were traded on Bitstamp, compared with 8,215.90 BTC on Mt. Gox. At several points since then, according to hourly data published on BitcoinCharts, Bitstamp has, […]

Continue Reading 0

Buttonwood: Outdoor Gatherings For Trading Bitcoins

Via On a damp Thursday night in July, a half-dozen men gather on the steps of San Francisco’s Yerba Buena Gardens, just across from St. Patrick Church on Mission Street. They dress down, mostly wearing the jeans and t-shirts uniform of Bay Area programmers. As the sun sets, they’re trading currency in the fog, selling […]

Continue Reading 1