Tag Archives: bitcoin

bitcoin

Biggest and most embarrassing blunder in its 81-year history ? #Newsweek

Newsweek wanted a scoop for its relaunch cover story, and boy did it deliver: it uncovered the identity of Satoshi Nakamoto, the inventor of bitcoin. Who then promptly came out and denied everything. Which means that one of the two is wrong: either Nakamoto is lying through his teeth, or Newsweek has made what is probably the biggest and most embarrassing blunder in its 81-year history.

http://blogs.reuters.com/felix-salmon/2014/03/07/the-satoshi-paradox/

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    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
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  • The Man Who Really Built Bitcoin
    81
    Who cares about Satoshi Nakamoto? Someone else has made Bitcoin what it is and has the most power over its destiny. In March, a bewildered retired man faced journalists yelling questions about virtual currency outside his suburban home in Temple City, California. Dorian Nakamoto, 64, had been identified by Newsweek as the…
    Tags: bitcoin, nakamoto, satoshi
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
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    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    79
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin
  • Bitcoin bug causes massive sell-off
    79
    A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
    Tags: bitcoin
bitcoin

The Face Behind Bitcoin

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed.

He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he has left the house in a hurry. His hair is unkempt, and he has the thousand-mile stare of someone who has gone weeks without sleep

http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

http://www.zerohedge.com/news/2014-03-06/how-bitcoins-not-so-secret-satoshi-nakamoto-was-discovered-hint-phone-book

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  • #Bitcoin prices are all out of whack
    83
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: bitcoin
  • The Man Who Really Built Bitcoin
    81
    Who cares about Satoshi Nakamoto? Someone else has made Bitcoin what it is and has the most power over its destiny. In March, a bewildered retired man faced journalists yelling questions about virtual currency outside his suburban home in Temple City, California. Dorian Nakamoto, 64, had been identified by Newsweek as the…
    Tags: bitcoin, nakamoto, satoshi
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
    80
    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    79
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin
  • Bitcoin bug causes massive sell-off
    79
    A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
    Tags: bitcoin
bitcoin

Bitcoin exchange Mt. Gox’s website down

The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange.

Mt. Gox’s homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment.

“This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry,” the companies – Coinbase, Kraken, Bitstamp, BTC China, Blockchain and Circle – said in the statement. ()

On Sunday, Mark Karpeles, chief executive of Mt. Gox, resigned from the board of the Bitcoin Foundation, in a blow to the digital currency. Mt. Gox had once been the largest exchange handling Bitcoin.

The resignation followed a number of technical issues, including a massive cyber attack from unknown sources that has been spamming bitcoin exchanges.

http://www.reuters.com/article/2014/02/25/mtgox-website-idUSL3N0LU1N920140225

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  • Bitcoin plunges after major platform indefinitely halts withdrawals
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    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin, digital, mt, gox, currency
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
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    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin, currency, digital
  • Mt. Gox's CEO resigns from Bitcoin Foundation
    87
    Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, in the latest blow to the digital currency. Jinyoung Lee Englund, a spokesperson for the Bitcoin Foundation - a trade group promoting the adoption of the digital currency,…
    Tags: bitcoin, mt, digital, currency, gox's, gox, exchange
  • #Bitcoin prices are all out of whack
    86
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: bitcoin
  • Bitcoin Foundation Blames Mt. Gox for Withdrawal Stoppage
    83
    The Bitcoin Foundation said the Mt. Gox Bitcoin exchange in Tokyo is to blame for technical faults that prevented customer withdrawals of the virtual currency that lost as much as 21 percent of its value today. “The issues that Mt. Gox has been experiencing are due to an unfortunate interaction between Mt.…
    Tags: mt, gox, bitcoin, currency, exchange
bitcoin, Trading

Mt. Gox’s CEO resigns from Bitcoin Foundation

Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, in the latest blow to the digital currency.

Jinyoung Lee Englund, a spokesperson for the Bitcoin Foundation – a trade group promoting the adoption of the digital currency, confirmed the news and said the resignation was effective immediately.

http://www.reuters.com/

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  • Bitcoin exchange Mt. Gox's website down
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    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin, mt, gox, exchange, currency, digital, gox's
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    84
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin, currency, digital, ceo
  • Bitcoin plunges after major platform indefinitely halts withdrawals
    81
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin, digital, mt, gox, http://www.reuters.com, currency
  • #Bitcoin prices are all out of whack
    81
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: bitcoin
  • Bitcoin bug causes massive sell-off
    78
    A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
    Tags: bitcoin, mark
bitcoin

Silk Road 2 Hacked: Entire Bitcoin Wallet Drained, $2.7 Million Stolen

Using the same transaction malleability bug in bitcoin’s protocol that led to bitcoin exchanges like Mt. Gox and BitStamp shutting down withdrawals, hackers cleaned out the bitcoin wallet belonging to Silk Road 2, an underground Internet black market that launched in October after the FBI shut down the original Silk Road.

The hackers made off with 4474.27 bitcoins, roughly the equivalent of $2.7 million.

http://www.ibtimes.com/

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    Tags: bitcoin, mt, gox, exchanges
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
    80
    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin, wallet, black
  • Bitcoin bug causes massive sell-off
    80
    A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
    Tags: bug, bitcoin, $, gard, transaction
  • #Bitcoin prices are all out of whack
    79
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: bitcoin
  • Bitcoin plunges after major platform indefinitely halts withdrawals
    77
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin, withdrawals, mt, gox
bitcoin

#Bitcoin prices are all out of whack

Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG

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  • Bitcoin bug causes massive sell-off
    88
    A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
    Tags: bitcoin, prices
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
    87
    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin
  • Bitcoin exchange Mt. Gox's website down
    86
    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    86
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin
  • Bitcoin plunges after major platform indefinitely halts withdrawals
    84
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin
bitcoin

Bitcoin Foundation Blames Mt. Gox for Withdrawal Stoppage

The Bitcoin Foundation said the Mt. Gox Bitcoin exchange in Tokyo is to blame for technical faults that prevented customer withdrawals of the virtual currency that lost as much as 21 percent of its value today.

“The issues that Mt. Gox has been experiencing are due to an unfortunate interaction between Mt. Gox’s implementation of their highly customized wallet software, their customer support procedures and their unpreparedness,” said Gavin Andresen, chief scientist for the foundation, which promotes and sets technical standards for the currency.

 

http://www.bloomberg.com/

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    Read what @johngapper write in @ft Bitcoin is being forced to grow up fast. The arrest last week on money laundering charges of Charlie Shrem, a leading Bitcoin champion, coincided with a regulatory hearing in New York to consider what on earth it is – a virtual currency, speculative asset or…
    Tags: bitcoin, currency, virtual, exchange
  • Bitcoin exchange Mt. Gox's website down
    83
    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin, mt, gox, exchange, currency
  • The Man Who Really Built Bitcoin
    79
    Who cares about Satoshi Nakamoto? Someone else has made Bitcoin what it is and has the most power over its destiny. In March, a bewildered retired man faced journalists yelling questions about virtual currency outside his suburban home in Temple City, California. Dorian Nakamoto, 64, had been identified by Newsweek as the…
    Tags: bitcoin, andresen, currency, virtual
  • Bitcoin plunges after major platform indefinitely halts withdrawals
    78
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin, withdrawals, mt, gox, currency
  • Mt. Gox's CEO resigns from Bitcoin Foundation
    78
    Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, in the latest blow to the digital currency. Jinyoung Lee Englund, a spokesperson for the Bitcoin Foundation - a trade group promoting the adoption of the digital currency,…
    Tags: bitcoin, foundation, mt, currency, chief, gox, exchange
bitcoin

Bitcoin plunges after major platform indefinitely halts withdrawals

The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected “unusual activity.”

http://www.reuters.com

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  • Bitcoin exchange Mt. Gox's website down
    87
    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin, mt, gox, currency, digital
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    86
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin, currency, digital
  • #Bitcoin prices are all out of whack
    84
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: bitcoin
  • Mt. Gox's CEO resigns from Bitcoin Foundation
    81
    Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, in the latest blow to the digital currency. Jinyoung Lee Englund, a spokesperson for the Bitcoin Foundation - a trade group promoting the adoption of the digital currency,…
    Tags: bitcoin, mt, digital, currency, http://www.reuters.com, gox
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
    81
    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin
bitcoin

Bitcoin bug causes massive sell-off

A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning.

http://www.finextra.com/news/fullstory.aspx?newsitemid=25707

Related Posts

  • #Bitcoin prices are all out of whack
    88
    Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
    Tags: prices, bitcoin
  • ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever
    83
    Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
    Tags: bitcoin
  • Bitcoin exchange Mt. Gox's website down
    82
    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin
  • Hedge Fund Anticipates Bitcoin Will Overtake PayPal in US Dollar Transactions Later This Year
    82
    With the price of bitcoin seemingly on the up and up, there’s no shortage of conversation on the topic of where the price goes from here. There’s seemingly no shortage of optimism, either, with the value of bitcoin up a whopping 18 percent in the past week. Hedge fund Laureate BVI is…
    Tags: bitcoin
  • Bitcoin plunges after major platform indefinitely halts withdrawals
    81
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com
    Tags: bitcoin, monday
NoTrading

Apple Yanks World’s Most Popular Bitcoin Wallet From App Store

Apple has removed the world’s most popular bitcoin wallet from its App Store.

Late Wednesday, the tech giant yanked the Blockchain app from the popular mobile app marketplace and did not provide a specific reason, says Nicolas Cary, the CEO of Blockchain. The app is currently used by about 120,000 people to send and receive the world’s most popular digital currency. Blockchain users can still run the app on their iPhones and Macs, but they will no longer be able to get software updates via Apple. There are more than 1 million Blockchain users worldwide.

http://www.wired.com/

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  • What is Bitcoin for you ? A currency ?
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    Read what @johngapper write in @ft Bitcoin is being forced to grow up fast. The arrest last week on money laundering charges of Charlie Shrem, a leading Bitcoin champion, coincided with a regulatory hearing in New York to consider what on earth it is – a virtual currency, speculative asset or…
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  • A history of #Bitcoin hacks, #ponzi ?
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    The alternative currency has been plagued by hacks, ponzi schemes and increasingly professional thefts since 2011, explains Alex Hern Sometimes it seems like not a week goes by without news of some bitcoin service getting hacked and losing everything. Thankfully, such attacks are rarer than that. But given the size…
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    The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange. Mt. Gox's homepage was not loading, although no error message appeared. Mt. Gox was not immediately available for comment. "This tragic violation…
    Tags: bitcoin, currency, digital