• The Bitcoin wallet provided by Bitcoin.com is defaulting to Bitcoin clone Bitcoin Cash (BCH) instead of Bitcoin (BTC). Users sending Bitcoins to a BCH address could potentially lose their coins. The controversy was brought to light on a posting on Reddit’s /r/Bitcoin, where one user claimed that the Bitcoin.com wallet defaulting to a BCH wallet is a “scam”. The move is certainly confusing, as the Bitcoin.com wallet which defaults to Bitcoin Cash is called a

    Bait and Switch? Controversial Bitcoin.com Wallet Defaults to Bitcoin Cash

    | 2017/11/20 6:15 pm
  • Literally millions of people have joined the world of cryptocurrencies recently. For example, Coinbase, one of the biggest cryptocurrency exchanges, has added around 2 million new clients within two months. Blockchain.com, the major electronic wallet, found its client base increase by 1.8 million during the same time frame. Most of these people are newbies, unacquainted with security issues and risks that surround complex but currently profitable cryptocurrency realm. This makes them easy targets for cybercriminals

    How to Secure Your Cryptocurrency Wallet: 16 Simple Tips for Beginners

    | 2017/11/17 10:00 pm
  • With the recent rise of ransomware attacks targeting corporations worldwide, law firms are taking what many are deeming ‘appropriate’ preemptive security measures. WannaCry 2.0 In the last couple of years, many corporations and businesses have been affected by ransomware, malware and other hacking attacks. This year hackers were able to successfully attack several big corporations and government agencies. In May 2017, hackers were able to infect hundreds of thousands of computers with an advanced malware called

    Law Firms are Opening Bitcoin Wallets in Anticipation of Potential Ransomware Attacks

    | 2017/10/27 9:00 pm
  • Fees have been extraordinarily high this past week, and this article aims to clear up misconceptions and help users make smarter decisions in setting the right fees for their transactions. $3 fee for a $5 transaction? With the recent Bitcoin rally up into the mid $4,000’s there has been a huge influx of users that really don’t understand how Bitcoin works under the hood. And that’s okay, most people are here just for the investment. But

    How Bitcoin Fees Work and Why They’ve Been So High

    | 2017/08/30 3:30 am
  • Hollywood Star Gwyneth Paltrow becomes an advisor for Bitcoin startup Abra. The Abra smartphone wallet app allows cross currency payment options including Bitcoin. Abra Wallet CEO Bill Barhydt appeared on Planet of the Apps, a reality show launched on Apple Music, where entrepreneurs pitch their apps to a celebrity panel of judges. During contestants’ initial escalator pitch, that panel is made up of Jessica Alba, Gwyneth Paltrow, Gary Vaynerchuk, and will.i.am. Being selected on the show means

    Gwyneth Paltrow Joins Bitcoin Startup Abra In Advisory Role

    | 2017/08/04 10:45 pm
  • The Fork Awakens… BitcoinCash is expected to fork off from the main chain on Tuesday taking roughly 30% of the hashpower with it. Antpool, the largest bitcoin mining pool, is expected to mine the alternate chain. BitcoinCash Hard Fork August 1st has been a long-awaited day for months on the calendars of Bitcoin enthusiasts worldwide. But with the UASF being deemed a success by many people in the community, a new event is worrying some

    BitcoinCash (BCC) Hardfork: What it Means and How to Secure Your Assets

    | 2017/07/31 4:00 pm
  • Coinbase users are moving their funds to wallets and exchanges where they will be credited for Bitcoin Cash (BCC ) tokens, causing delays in Bitcoin withdrawals from the exchange. Coinbase, the world’s largest (and often highest-rated) Bitcoin exchange, has made it clear that they will not honor the new Bitcoin Cash (BCC) token created by the Bitcoin blockchain split set to occur on August 1. Coinbase’s policy is to only support one version of a

    Mass Exodus from Coinbase Spawns 12 Hour Bitcoin Withdrawal Delays

    | 2017/07/30 2:45 pm
  • Banks must start offering cryptocurrency wallets before they get left behind, argues guest writer Bijan Shahrokhi at Venturebeat.   Surge in Price Results in Investor Interest Shahrokhi, senior product manager in the financial industry, and previously the co-founder and CEO of Virtual Next, has a few suggestions as to why banks should adopt cryptocurrency wallets. With the current surge in cryptocurrencies’ value, they are quickly becoming a new global market for assets and banks are being left in the dust.

    4 Reasons Why Banks Should Provide Bitcoin Wallets

    | 2017/06/20 11:00 am
  • I’ve finally decided to check out the Trezor, the original Bitcoin hardware wallet, to see why it’s a favorite among cryptocurrency users and how it compares to its main rivals, namely the Ledger Nano S and KeepKey. Trezor: Nothing Beats the Original? The Trezor hardware wallet is a perennial favorite among Bitcoin and cryptocurrency users. Released a few years ago, it was the first of its kind, combining user-friendliness and advanced security in handling Bitcoin private

    Battle of the Bitcoin Hardware Wallets: Trezor, KeepKey or Ledger Nano S?

    | 2017/06/20 7:01 am
  • Bitcoinist spoke with Jon Boroughs of Bitstashers, a provider of metal-etched Bitcoin wallets that are designed to withstand an apocalyptic event unlike a fragile paper wallet. These are also not limited to cold storage as they can also be custom made for colored coin asset addresses as well.  Metal-Etched Bitcoin Wallets Metal wallets are quickly becoming a thing in the crypto space with a few options available such as Cryptosteel and Bitkee, which start at $40 USD. However,

    Bitstashers: Should You Upgrade from a Paper Wallet to Metal?

    | 2017/04/04 6:00 am
  • Mobi wallet allows users to seamlessly send, receive, store, and exchange +100 currencies while enabling users to spend Bitcoin and withdraw it for cash. Could this be the killer app for Bitcoin? BTCC Launches Mobi BTCC, the leading Bitcoin exchange in China, has announced today the launch of Mobi, a Multicurrency Bitcoin Wallet. Through the addition of multiple features like sending via twitter or mobile number and the possibility to convert from and to over

    2.3 Billion People Can Now Send Bitcoin With Phone & Twitter

    | 2017/03/20 10:19 am
  • After switching from a paper wallet to the Ledger Nano S, I decided to try out the sleek-looking KeepKey that also supports ethereum, litecoin, dogecoin, dash, and namecoin. KeepKey Hardware Wallet Review After recently switching from a paper wallet to a Ledger Nano S ($65 USD), which I have been enjoying very much so far, I was really looking forward to checking out the KeepKey ($99 USD) to see what it has to offer.  (You can check out my

    KeepKey Hardware Wallet Review: Better Than a Ledger Nano S?

    | 2017/02/13 3:00 pm
  • Here are the top seven most glaring charts showing that Bitcoin adoption is not only alive and well, but is also accelerating. Bitcoin Refuses To Die If you’re one of many who believes the current financial system will go up in a mushroom cloud, then Bitcoin is the cockroach that can survive the bank apocalypse. Though it’s been pronounced dead over one hundred times by critics, the media and even by former developers, it refuses to go

    Top 7 Charts to Hit the ‘Bitcoin is Dead’ Crowd With

    | 2017/02/01 12:00 pm
  • Bitcoinist is excited to give away a total of seven KeepKey hardware wallets to our readers this holiday season! Keeping the Holiday Spirit The holidays are meant to be spent with those we love and care about. Of course, we know you love and care about your bitcoin savings as well. Which is why Bitcoin and KeepKey are keeping the holiday spirit and showing appreciation to our readers with our 2016 Holiday Season Giveaway. We’re giving away

    We’re Giving Away 7 KeepKey Wallets This Holiday Season

    | 2016/12/19 7:25 am
  • Christmas is once again around the corner (metaphorically speaking at least, as time isn’t actually endowed with too many corners), and you may be considering giving loved ones the gift of Bitcoin. But what is the best way to do it, and should you really be doing it at all? Not Just For Christmas: A Bitcoin Is For Life As a Bitcoin enthusiast, you probably love spreading the word, and what better way than to force coerce those you care about

    4 Ways to Give Bitcoin: The Christmas Gift That Will Keep On Giving

    | 2016/12/17 5:00 am
  • Kraken announced yesterday that they have acquired the American Bitcoin wallet provider Glidera to their corporate umbrella. Kraken Snatches Yet Another Startup 2016 has been a huge year for the Kraken bitcoin exchange, and they are looking to let the good times roll when it comes to mergers and acquisitions. Kraken added the resources of three major bitcoin exchanges, Coinsetter, Cavirtex and Clevercoin. Now, they have acquired the American Bitcoin wallet provider Glidera to their corporate

    Cryptocurrency Exchange Kraken Acquires Bitcoin Wallet Provider Glidera

    | 2016/12/14 3:00 am
  • Bitcoinist spoke with KeepKey CEO Darin Stanchfield on what makes this hardware wallet different from the Trezor; why sales are increasing in India; and how hardware wallets can boost security for both users and exchanges. ‘Large Uptick’ in Sales to India, CEO says Bitcoinist: KeepKey costs $99. Why should Bitcoin users store their funds with the KeepKey hardware wallet instead of a piece of paper that costs zero? Darin Stanchfield (DS): Paper wallets are a great way to secure your digital assets

    ‘Very Large Uptick’ in Hardware Wallet Sales to India – KeepKey CEO

    | 2016/12/13 8:00 pm
  • The torment of waiting hours for a Bitcoin transactions to confirm is officially over, thanks to a little-known trick called ‘child-pays-for-parent’ (CPFP). Also read: BLOCK SIZE BLUES: CONFIRMATION TIMES RISING AS 1 MB LIMIT LOOMS  Transactions in Seconds from Most Wallets A Reddit post by user super3 Friday states that if a transaction is sitting idle due to a low (or ‘standard’) fee, a CPFP transaction may be created to speed it up – drastically. An

    Child-Pays-For-Parent: Bitcoin Transactions Now Confirmed in Seconds

    | 2016/12/02 9:00 am
  • There’s been no official statements as of yet – but it looks like the Mycelium Wallet will be getting built-in peer-to-peer bitcoin mixing/tumbling later this year.  The first testnet transaction from devs went out four days ago, and discussion on internal channels confirms that they’re working on integrating P2P tumbling into their popular Android wallet. Read also: Comedy Tor Forks Emerge In Response to Appelbaum Scandal P2P Tumbling In Mycelium Pipeline As for details, so

    Mycelium May Roll out P2P Tumbling Soon

    | 2016/08/19 8:21 pm
  • Jaxx, the “multi-token and multi-platform blockchain wallet” is expanding this week to include support for Dash, according to its developers. This is indeed notable news as the Decentral team builds out support for more cryptocurrencies. Also read: Industry Report: News Surrounding Bitfinex Gets Weirder The news is significant as Jaxx.io will become the first Dash wallet for the iOS platform. Jaxx is also available for Android, as a desktop app for Windows, OSX and Linux,

    Jaxx To Be First Dash Wallet for iOS

    | 2016/08/09 9:28 pm
  • The Coinbase API may be coming to the language and platform of your choice, and not through the usual channels, either. A new specification for the coinbase API has been made for Swagger, a framework for generating client libraries from JSON and YAML API packages. CoinFabrik, a cryptocurrency development and consulting firm, has started an open-source project using Swagger to implement the Coinbase API on many previously unsupported platforms. The auto-generated client libraries include support

    CoinFabrik Ports Coinbase API to 26 Languages

    | 2016/06/12 12:08 am
  • The United States Postal Service (USPS) and the blockchain join hands; Mt. Gox creditors aim to get what’s theirs, and Swift gets slowed down by bank breaches. Want to see what you’ve been missing in digital currency news? Take a gander at the stories below: Also read: Industry Report: Lisk, the First ‘modular’ Currency? USPS Are the United States Postal Service and the blockchain the digital world’s new power couple? According to a new report,

    Industry Report: The USPS Does Digital Currency

    | 2016/05/30 9:00 am
  • The Bitcoin company Mycelium recently announced the launch of a new updated wallet service and crowdsale. The application will no longer be a “typical wallet” says the Mycelium team and the API will allow developers to implement their own tweaks and modifications within the platform. Alongside the company’s latest offering Mycelium is allowing people to purchase stake within the firm. So far the company has raised over 1,344 BTC equal to roughly $616,000 USD at

    Mycelium Unveils New Wallet and Strategic Partnership

    | 2016/05/07 9:48 am