One of the biggest hurdles for would-be international bitcoin users is the lack of an easy-to-use, newcomer-friendly and widely trusted service to buy, sell and store bitcoin with. For the last two years, this hasn’t been much of an issue thanks to the existence of popular bitcoin services provider Coinbase. If only there was some…
On Friday, the FBI released a 58-page filing outlining the various investigation techniques used to unearth the details that ultimately resulted in the closure of online black marketplace Silk Road and the capture of its alleged mastermind, Ross “Dread Pirate Roberts” Ulbricht. The filing, written by FBI agent Christopher Tarbell, was a response to a…
The Bristol Post reported today that a single bitcoin ATM located in a health food store has processed more than £38,000 ($61,000) in one month of operation, strongly suggesting a growing interest in cryptocurrency in the region. The Superfoods store hosts a two-way bitcoin ATM built by RoboCoin, and managed by regional operator Satoshipoint. The…
It sounds like an offline cryptocurrency user’s dream device: A multi-signature enabled, smartcard-based, USB connected hardware wallet able to native support both bitcoin and altcoin wallets. It’s as thin as a credit card, and roughly the size of a house key. And for €20 (roughly $25), it can be yours. The new joint venture from…
The first public bitcoin ATM in Argentina opened recently in a Buenos Aires suburb. Given that bitcoin ATMs have been popping up like wildflowers all over the globe in the last few months, this might not seem like big news. In a country in the middle of a deep economic crisis and an estimated inflation…
In a new post on the BitPay blog, the Atlanta-based bitcoin payment processor gave an inside view of their just-finished Amsterdam digs. The company is currently involved in a major push into the rapidly growing European market, having experienced a massive growth spurt in merchant adoption in the last year. BitPay claims to have seen…
Yesterday evening, a person using the email address long associated with mysterious bitcoin creator Satoshi Nakamoto sent the following message to Bitcoin Talk administrator Michael “theymos” Marquardt: “Michael, send me some coins before I hitman you.” Almost immediately, Marquardt took to the Bitcoin Talk forum to warn the bitcoin community that Satoshi Nakamoto’s email had…
The rumors are true: PayPal is integrating bitcoin payments into their One Touch mobile wallet system using technology developed by their subsidiary Braintree. Speaking at TechCrunch Disrupt San Francisco today, Braintree CEO Bill Ready said that the company will soon be integrating bitcoin payments via a partnership with Coinbase. Not hedging his bets, Ready made…
Last month, early-adopting bitcoin payment processor OKPay was ordered by a British Virgin Islands court to surrender $6,014,910 in held customer deposits to defunct bitcoin exchange Mt.Gox. OKPay had hoped to return these funds directly to customers, but legal challenges by Mt.Gox’s Trustee Fund have held the funds in a “limbo” within Mt.Gox’s OKPay account…
The Wall Street Journal reported today that Blockchain.info has retained Marco Santori in a new role as global policy counsel. Santori is well known within the bitcoin industry, and currently serves as the chairman of the Bitcoin Foundation’s regulatory affairs committee. In addition to his legal work for the Bitcoin Foundation, Santori also writes about…