• Michael Toomim, a main proponent of Bitcoin Classic, and brother of main developer, recently made enlightening comments in a Slack developer channel dedicated to Bitcoin Core. Also Read: KnC Miner Endorses Bitcoin Classic Toomim has been associated closely with the newest Bitcoin client purporting to be the solution Bitcoin needs in order to scale amid its block size debate. The comments were verified as vintage Toomim numerous times by people in the chat at the time and by

    Bitcoin Classic’s Magical Mystery Tour

    | 2016/01/20 8:00 am
  • Depending on how people want to look at things, the financial sector is in need of a revamp or works fine the way it is right now. While it seems clear to most Bitcoin users how the financial sector needs to be disrupted sooner rather than later, landing a job as finance manager is still the number two most popular job choice. At the same time, the number of jobs in the Bitcoin world keeps

    Finance Manager Remains A Popular Job Opportunity Despite Bitcoin Growth

    | 2016/01/20 5:36 am
  • PALO ALTO, CA — Today, BitGo announced the launch of its new service, BitGo Instant. BitGo claimed that this service is “the world’s first way to safely receive zero-confirm Bitcoin transactions with a full financial guarantee. Along with the announcement of its launch, BitGo reported that it has a “strong list of initial partners,” to recognize the zero-confirmation transactions. These partners include, Bitfinex, Bitstamp, CoinHako, FoldApp, Genesis Trading, Kraken, ShapeShift and Unocoin.  Also read: Protect Yourself

    BitGo Instant: ‘Eliminates Bitcoin Transaction Delays’

    | 2016/01/19 9:07 pm
  • Recently in a post on their blog, Shapeshift.io has warned users of various scams that are taking place on social media and attempt to lure users into depositing cryptocurrency on impostor sites such as “shapeshit.io” Shapeshift has released a detailed report to help users protect their funds and avoid falling victim to these attacks. Also read: Local Apple App Store Pricing Changes Show Why Bitcoin is The Only Global Currency   Potential Shapeshift-based scams Shapeshift.io has

    Protect Yourself From These Shapeshift.io Based Scams

    | 2016/01/19 3:16 pm
  • Crypto-Games.net is a leading online gambling casino that allows users to play dice, blackjack, slot, and lottery in a provably fair fashion. Players are not restricted to just using Bitcoin, and can also use Dogecoin, Litecoincoin, DASH, Peercoin, Gridcoin and even Gamecredits. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with Crypto-Games and is not responsible for its products and/or services. Crypto-games offers a signup that takes seconds, due to users receiving a predetermined

    Crypto-Games: Multi-Currency Online Casino

    | 2016/01/19 1:00 pm
  • There are multiple signals that our current global financial structure is not working optimally, and the recent price restructuring by Apple is yet another indication of why things need to change soon.  App store prices will go up in seven countries around the world, as tech giant Apple needs to account for volatile exchange rate changes in the affected regions. Bitcoin remains the only global currency in existence today where the playing field is even

    Local Apple App Store Pricing Changes Show Why Bitcoin is The Only Global Currency

    | 2016/01/19 8:44 am
  • Cryptsy is quickly capturing headlines and even being referred to as “the next Mt. Gox.” Things do not seem quite as simple as Cryptsy running away, as the unannounced vacating of their headquarters may have suggested. A new blog post from Cryptsy posted January 14th, claims that the loss of funds did not result from a recent malicious or DDOS attack, nor malicious actions on the behalf of any of the Cryptsy staff, as well as

    Cryptsy Announces 1000 BTC Reward for Stolen Coins

    | 2016/01/19 8:00 am
  • Unlike what people might believe right now, Bitcoin has not failed by any means. Even though Mike Hearn outlined the sentence how “Bitcoin has failed” in his opinion, the ecosystem is trucking along nicely and carries on with or without him. Mainstream media outlets are rubbing their hands to spread more negativity about Bitcoin to mainstream consumers. Political games are slowly entering the Bitcoin world, and this will not be the last attack made against

    The War on Bitcoin Has Only Just Begun With Mike Hearn Leaving

    | 2016/01/19 3:28 am
  • Network nodes play an important role in the security and health of any digital currency. Over the course of the past twelve months, the topic of Bitcoin nodes has been kicked around a few times, and new solutions have been found to bring plug-and-play solutions to users all over the world. The Ethereum network, on the other hand, doesn’t seem to be having any problems adding more nodes to its network. Also read: Coinsecure Announces

    Number of Ethereum Nodes Grows Exponentially

    | 2016/01/18 10:28 am
  • What started out as a relatively quiet week ended in tragedy, as news of Mike Hearn abandoning Bitcoin sent the community into an uproar. Following this announcement from Hearn, the price fell below $400, and even found itself in the $350s for a brief time. Overall, the price declined by 15.54% this week, and most of those losses occurred during the shock caused by Hearn. Also read: Carl Force’s Lawyer is Pessimistic About Ulbricht’s Appeal 

    Bitcoinist Weekly News Re-Hash: Mike Hearn has Fled the Building

    | 2016/01/18 8:00 am
  • The Bitcoin block size debate has taken another interesting plot twist in the past few hours. F2Pool, one of the largest Chinese Bitcoin mining pools in the world, has announced they support the hard fork for an increased 2MB block size. While the post on BitcoinTalk is a weird translation from Chinese to English, it looks like F2Pool might be attempting to push people to accept the Bitcoin hard fork. Not a great move in

    F2Pool Statement Indicates Plan To Hard Fork 2MB Bitcoin Block Size

    | 2016/01/18 4:36 am
  • The two main reasons why customers chose to use a VPN service are to unblock content and to gain privacy. Your online browsing history is your business only, and many people are uncomfortable with sharing their internet habits with their internet service providers, mobile phone companies or hotel wifi. Also read: Europol: Bitcoin Playing an Increasing Role in Crime Unlike these services, a VPN company builds their brand and business around the promise of ensuring

    Virtual Private Network: Logging Issues

    | 2016/01/17 10:00 am
  • At least one major Bitcoin mining firm has endorsed, and plans to adopt, Bitcoin Classic. Also read: Registration for D.C. Blockchain Summit Now Open KnCMiner gets on Board with Bitcoin Classic KnCMiner, based in Stockholm, Sweden, specializes in Bitcoin ASIC miners. In a note to personal confidants, which he allowed to be shared to social forums, KnCMiner CEO Sam Cooke discussed his thoughts on the so-called “constitutional crisis” now facing Bitcoin in regards to its

    KnCMiner Endorses Bitcoin Classic

    | 2016/01/17 8:00 am
  • The first 2-way Bitcoin ATM (commonly referred to as BTM) in San Diego County was successfully deployed and is ready for business as of January 11th.  CoinOutlet partnered with CoinStructive to make this possible, CoinOutlet being in charge of manufacturing the Bitcoin ATMs, and CoinStructive acting as a Bitcoin marketing consultant. CoinStructive has headquarters in San Diego, and specializes in the “education, management, deployment, and adoption of Bitcoin and other blockchain technologies for retailers and

    First Bitcoin ATM Online in San Diego County

    | 2016/01/17 2:00 am
  • BlockNotary is a new app that uses Tierion, and it is now used for one of Russia’s largest mobile payment processors. Pay-Me is a Russian mobile payments processor with over 30,000 installed devices, now backed by the power of the Bitcoin blockchain. In the past, new customers would have to register via interview that was conducted in person with a customer service rep, due to Russian criminals stealing credit cards and proceeding to use mobile PoS terminals to

    BlockNotary Used for Payment Processor Pay-Me

    | 2016/01/16 11:17 pm
  • The Chamber of Digital Commerce on January 13th announced that the first D.C Blockchain Summit is a go, and is scheduled to take place on March 3, 2016, at Georgetown University. While the press is expected to attend, the summit will be targeted at “providing government employees, nonprofit representatives, students, and blockchain experts a chance to explore opportunities and challenges surrounding blockchain technology in the nation’s capital.” Also read: New York Public Transportation Going Contactless

    Registration for D.C Blockchain summit Now Open

    | 2016/01/16 12:00 pm
  • After law enforcement agencies from Austria, Bosnia and Herzegovina, Germany, and the United Kingdom met in December to plan an operation against the cybercriminal group DD4BC (Distributed Denial of Service – DDoS – for Bitcoin), an official with Europol has told Bitcoinist that Bitcoin, and other crypto-currencies, is playing an increasing role in all criminal activities. Also read: Carl Force’s Lawyer is Pessimistic About Ulbricht’s Appeal Europol Says Bitcoin is Being Used in Cybercrime The

    Europol: Bitcoin Playing an Increasing Role in Crime

    | 2016/01/16 8:00 am
  • Computer users operating on the Mac OS X platform are safer from harm compared to their Windows-using counterparts. With a much smaller market share, hackers are not targeting OS X users as often as they could, although that doesn’t mean the platform is completely secure. Security tool Gatekeeper is still vulnerable, despite a recent patch released by Apple. Bitcoin users are advised to remain careful when installing new applications until this security flaw has been

    Ongoing OS X Gatekeeper Vulnerability Puts Bitcoin Users At Risk

    | 2016/01/16 3:36 am
  • As Ross Ulbricht seeks a new trial, citing the actions of federal agents Carl Mark Force IV and Shaun Bridges, a lawyer close to the case does not see much hope for the convicted Silk Road administrator.  Also read: Bitcoinist Giveaway: Win a Free Ticket to TNABC 2016 Ulbricht Appeal will Likely be Unsuccessful Sentenced to life in prison in May 2015, Ulbricht was found guilty of narcotics trafficking, money laundering and computer hacking charges. Ivan

    Carl Force’s Lawyer is Pessimistic about Ulbricht’s Appeal

    | 2016/01/16 1:14 am
  • Our latest Ledger Wallet giveaway is now over, and the winners have been chosen. This time, we gave away a Ledger Nano, a Ledger Starter, and a Ledger OTG. The giveaway started on December 14, 2015, and ended today. Three winners were chosen, and they will be notified via email.  Also read: Bitcoinist Giveaway: Win a Free Ticket to TNABC 2016 The Giveaway: Your Chance to win a Ledger Wallet Product People were able to

    Ledger Wallet Giveaway: The Winners Have Been Chosen!

    | 2016/01/15 12:00 pm
  • Contactless payments are one of the hottest trends right now when it comes to revamping the financial industry in the near future. However, the payment method is only viable in a limited capacity right now, although more consumers will be able to use contactless payment options in the future. If everything goes according to plan, most of the New York public transportation system will go contactless in two years from now. Also read: Bitcoinist Giveaway:

    New York Public Transportation Going Contactless Is An Opportunity For Bitcoin

    | 2016/01/15 11:07 am
  • The North American Bitcoin Conference is one of the biggest annual Bitcoin conferences in the world. This Miami conference always features panels and keynotes with the biggest names in the Bitcoin community. This year, the roster includes giants such as Patrick Byrne, Brock Pierce, Bobby Lee, Jerry Brito, Bruce Fenton, and Tone Vays. Big names are usually associated with big prices, and TNABC is no different. “Early Bird” and General Admission tickets are completely sold out,

    Bitcoinist Giveaway: Win a Free Ticket to TNABC 2016

    | 2016/01/15 9:51 am
  • In order for Bitcoin to be accepted in any business regardless of the size, managers will need to research whether or not it would be a profitable venture.  Also read: Peter Todd Double Spends On Coinbase For small businesses, the risk of trying something new is relatively small. Small businesses can test a new product or service to evaluate the demand with little to no cost and the potential to increase business revenue and profits. For

    Bitcoin in Business: Managerial Decison Making

    | 2016/01/15 8:00 am