Trucoin Opens MasterCard, Visa Bitcoin Buying Services in US

Bitcoin brokerage provider Trucoin has announced the introduction of its first service offerings to customers in Florida, Massachusetts, Missouri, Montana, New Jersey, New Mexico, South Carolina and Texas.

GHash Commits to 40% Hashrate Cap at Bitcoin Mining Summit

A summit meant to address the threat of 51% attacks against the bitcoin network has resulted in a renewed industry commitment to protecting the digital currency’s transaction processing network from majority control by any one entity.

Hackers Offer Stolen CNET Database for Bitcoin in Publicity Stunt

A group of Russian hackers that managed to steal CNET’s user database has made that information available for bitcoin, in what seems like a publicity stunt.

Online Gambling Payments Pioneer NETELLER Snubs Bitcoin

NETELLER, a digital payments service based in the Isle of Man, has revised its customer terms-of-service agreement to explicitly prohibit the use of digital currencies.

Elliptic Raises $2 Million in Funding for Bitcoin Vault Services

UK-based digital asset services company Elliptic, best known for its Elliptic Vault product offering, has announced $2m in seed-funding from Octopus Investments.

First ‘Live’ Bitcoin Exchange Opens in Vietnam

Bitcoin continues to grow in Vietnam with last week’s launch of the country’s first live open-order book trading bitcoin exchange, VBTC.

BitPay or Coinbase? Shopify Now Lets Merchants Choose

Online e-commerce marketplace platform Shopify has announced a new partnership with bitcoin financial services provider Coinbase that will allow its roughly 70,000 merchants to integrate bitcoin processing services on their websites.

French Government Outlines New Regulations for Bitcoin Market Transparency

The French Ministry for the Economy and Finance has outlined regulatory measures to be put in place by the year’s end for financial institutions and users of bitcoin and other digital currencies.

CoinSummit Day Two: Mining Superpowers and the 51% Challenge

A significantly thinned out crowd reassembled for the second day of CoinSummit in London today.

Those who didn’t attend the Swam-sponsored afterparty the previous night – or possessed exceptional powers of post-party rejuvenation – dutifully filed into the glass-walled East Wintergarden. Several panelists informed CoinDesk, and in some cases posted on Twitter, that many libations were consumed the previous night.

How Can I Buy Bitcoins

Now you’ve realized bitcoin is the way of the future, the next step is to get some bitcoins. But how? This guide will tell you what you need to know

Why Use Bitcoin

Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it.

Why use bitcoin? Here are 10 good reasons why it’s worth taking the time to get involved in this virtual currency.

Who is Satoshi Nakamoto

UPDATE: 2nd April 2014

A day after the news broke that Satoshi Nakamoto was a 64-year-old Japanese man living in California, Nakamoto has denied being the creator of bitcoin. He has since hired a lawyer and issued a statement. Read the latest here

What is Bitcoin

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by lots of people running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency.

Xapo Sets $40 Million Fundraising Record for Bitcoin Industry

Nermin Hajdarbegovic | Published on July 8, 2014 at 16:28 BST

Online wallet provider Xapo has raised its funding total to $40m, leapfrogging BitPay to become the best-funded bitcoin startup to date.

Exchange itBit Relocating Headquarters to New York

Jon Southurst (@southtopia) | Published on July 8, 2014 at 04:24 BST

Bitcoin exchange itBit announced today it would relocate its headquarters from Singapore to New York City.

According to a post on its blog, the company also announced it is replacing its founding CEO Rich Teo with Charles Cascarilla, a founding partner in itBit investor Liberty City Ventures.

Next Bitcoin Core Version to Include ‘Smarter’ Transaction Fees

Stan Higgins | Published on July 7, 2014 at 22:55 BST

Bitcoin Foundation chief scientist Gavin Andresen has outlined the details of new floating transaction fees to be included in the code of the next Bitcoin Core release.

French Officials Seize $272,800 From Illegal Bitcoin Exchange

Tanaya Macheel | Published on July 7, 2014 at 21:10 BST

French police have seized 388 bitcoins from a bitcoin exchange operating illegally in the country. The coins are worth roughly €200,000 (or $272,800) at current prices.

Three were arrested in Cannes, Nice and Toulouse on suspicion of operating a website that illegally sold and lent bitcoin to its registered users. Sources said a retired policeman tipped off the financial authorities when he bought bitcoin at the exchange.

ISIS-Linked Blog: Bitcoin Can Fund Terrorist Movements Worldwide

Stan Higgins | Published on July 7, 2014 at 19:15 BST

The Islamic State of Iraq and Syria (ISIS) has proposed using bitcoin to fund global jihadist efforts.

Sky News reported that a blog post entitled ‘Bitcoin and the Charity of Violent Physical Struggle’ outlines a use case for bitcoin as a vehicle for terrorist financing, noting that its pseudonymous transaction capability fits well within the needs of jihadist organizers. The news site received the article from sources claiming to be members of the Islamic State, the so-called jihadi nation established by the ISIS leadership.

New Zealand Central Banker: Cryptocurrencies Could Supplant Cash

Nermin Hajdarbegovic | Published on July 7, 2014 at 17:17 BST

Geoff Bascand, deputy governor and head of operations at the Reserve Bank of New Zealand (RBNZ) has said that digital currencies could one day evolve to supplant cash as we know it.

Leaked Documents Suggest Mt. Gox Paid $200K to Parent Company in May

  Published on July 7, 2014 at 15:13 BST

Controversy surrounds a leaked report that bankrupt exchange Mt. Gox paid almost $200,000 in fees to its parent company, Tibanne K.K., after the exchange had filed for bankruptcy.