The Latest Bitcoin News

February, 2016

  • 22 February

    Bitcoin Center NYC Bitcoin ATM

    The easiest way to get started with Bitcoin is to buy a small amount and use it to buy things online and off! The easiest way to buy Bitcoin in NYC is by visiting our Bitcoin ATMs! Using it is easy. Walk up to the machine, press “buy Bitcoin,” show the machine a Bitcoin address in the form of a QR …

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  • 17 February

    GAW Miners & CEO Josh Garza Charged With Fraud by SEC, Fined $10 Million

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    Summary: GAW Miners and ZenMiner appear to have been a classic ponzi scheme. Customers believed they were buying into a lucrative “cloud mining” operation with guaranteed profits, when in reality Garza had little or no Bitcoin mining hardware and was paying customers from proceeds of other companies. GAW Miners and ZenMiner are reported to have sold $19 million worth of cloud …

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  • 17 February

    You Can Now Send & Receive Altcoins With Your BitGo Wallet

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    Summary: BitGo has partnered with ShapeShift.io to allow users to send and receive Altcoins directly from their BitGo wallet. This new functionality comes from BitGo integrating the ShapeShift.io exchange API directly into their wallet software. It is important to note that any Altcoins sent or receieved are instantly exchanged for Bitcoin; this does not allow you to directly hold Altcoins …

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  • 11 February

    How Does Purse.io Offer 20% Off Amazon.com Purchases?

    Summary: For those that have been living under a rock are unaware, Purse.io is a marketplace website that acts as an escrow agent between those with Amazon.com gift cards (or a credit card) and those with Bitcoin. In a reverse-auction style, a user will post an Amazon wishlist along with a desired discount they wish to receive and then give the full purchase …

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  • 10 February

    2016 Iowa Caucus Results Recorded Forever On the Blockchain

    Summary: Blockchain Technologies Corp. traveled to Iowa for the 2016 caucuses. With the Rand Paul campaign, they were able to get Republican precinct captains to directly post their results to a custom webapp (you can see it at IowaCaucus.net or VoteWatcher.com) that recorded the results onto the Bitcoin blockchain. This is the first time that government election results have been …

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  • 4 February

    Ethereum Overtakes Litecoin For #3 in Market Cap

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    Summary: As of January 23rd, 2016 Ethereum, the cryptocurrency with a Turing-complete programming language built in, has surpassed Litecoin’s marketcap to take the #3 spot in cryptocurrencies with a market cap of almost $200 million. Ripple has held the #2 spot for some time now with a market cap of $236 million, and Bitcoin is in the #1 spot by leaps …

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  • 4 February

    CoinDesk’s State of Bitcoin (and the Blockchain) 2016

    Every quarter, CoinDesk releases their “State of Bitcoin” report, which has gone on to become required reading for anyone following Bitcoin. Their latest release, the State of Bitcoin 2016 offers a recap of 2015 and a look forward at what 2016 holds for the digital currency and blockchain technology. You can download the full report for free here and read a …

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  • 4 February

    Winklevoss Bitcoin Exchange ‘Gemini’ Adds Multi-User Accounts

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    Summary: Gemini, the NY-based Bitcoin exchange founded by twin brothers Tyler and Cameron Winklevoss, has announced a new feature: multi-user accounts. Gemini customers can now allow other people to access their accounts and set different roles with various levels of access. The feature allows a fund to hold one account and assign multiple traders, or simply allows a user to …

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January, 2016

  • 26 January

    New Study Shows Bitcoin Easy To Use Even With No Understanding

    Summary: A new study from Rutgers University set out to investigate why more people haven’t adopted Bitcoin. The study involved 20 participants; 10 that were familiar with Bitcoin and 10 that were not. The key takeaway of the study was that those who consider themselves familiar with Bitcoin do not tend to give accurate descriptions of how Bitcoin works and tend …

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  • 25 January

    Consumers’ Research Releases Blockchain Whitepaper, Features Jeff Garzik in Latest Issue

    The Consumers’ Research Executive Director Joe Colangelo unveiled a new blockchain whitepaper titled “Bretton Woods 2015: the Promise of Bitcoin and the Blockchain” at the North American Bitcoin Conference held in Miami on Friday, January 22nd, 2016. The whitepaper provides a summary and analysis of the “Bretton Woods 2015” Bitcoin & Blockchain workshop/seminar that was attended by an A-list cast …

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  • 25 January

    CoinDesk: 5 Main Points from UK Gov’t Blockchain Report

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    Summary: CoinDesk has gone through the recent UK Government Blockchain Report prepared by their top Chief Scientific Advisor. Here are the five main points made in the report they think you should know about. UK Gov’t should take the lead as an “expert customer” and begin incorporating blockchain technology into gov’t services today so they can help shape its future. …

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  • 25 January

    Australian Craig Wright is “Officially” Not Satoshi Nakamoto

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    Summary: In early December, 2015, Gizmodo and Wired both reported that they had (once again) uncovered the secret identity behind Bitcoin’s anonymous creator, Satoshi Nakamoto. They tapped a relatively unknown “Australian genius” named Craig Wright. An anonymous source had provided the publications with “credible” proof to back up their claim that Craig Wright was the mysterious and elusive Satoshi Nakamoto. Although the …

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  • 20 January

    People’s Bank of China To Launch Own Digital Currency

    Summary: The People’s Bank of China, China’s Central Bank, released a statement on January 20th, 2016 that they are looking into the possibility of launching their own digital currency. A meeting was held, attended by the governor and deputy governor of the PBOC and “currency experts” from Deloitte and Citibank. According to the statement, the meeting was ‘overall positive towards …

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  • 20 January

    R3CEV Tests “Proof of Concept” Private Blockchain with 11 Partner Banks

    Summary: R3CEV, or simply R3, is the big-bank funded startup that is working to research and create blockchain products for use in banking. They currently have support from 42 banks around the world. The consortium has announced today that they have completed a proof of concept test involving 11 banking partners, including Barclays, Credit Suisse, and Wells Fargo. The test …

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  • 19 January

    BitGo unveils new product “Instant,” Shapeshift.io enables it for ‘lightning fast exchanges’

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    Summary: BitGo, the leading multi-signature wallet service provider, has released a new product called “BitGo Instant.” It allows BitGo customers to make instant transactions with BitGo partners, including Bitcoin exchanges BitStamp, BitFinex, and ShapeShift.io’s no-account-needed Altcoin exchange. For the user, this means that as soon as they send a Bitcoin transaction the funds will be credited to their account — …

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