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Canada’s Largest Bitcoin Exchange Shutting Down After Security Breach

February 18, 2015 by Raymond Hackney

The hits just keep coming in the exciting world of cryptocurrency, The Next Web is reporting thatCavirtex, the largest Canadian Bitcoin exchange is shutting down after a security breach. This adds on to $1.75 million worth of BTC stolen from Chinese exchange BTER last week. Bitstamp lost $5million in January. Cavirtex said it did not lose any customer funds and will be returning them. Canadian … [Read more...]

Howard Neu Gets A CryptoCurrency Named After Him

February 3, 2015 by Raymond Hackney

Well the currency just shares the same last name as Howard, Tech Crunch is out today with an article on NeuCoin, a cryptocurrency that wants to specialize in micropayments. Speaking of Micro Payments, I had someone give me a tip on Twitter using a company called ChangeTip.com, I just had to connect my Twitter account and I received $3.50 in BTC. I need to do more research into the company as it … [Read more...]

Coinbase Receives Approval to Launch Regulated U.S. Bitcoin Exchange

January 25, 2015 by Raymond Hackney

Coinbase to launch regulated Bitcoin exchange Monday Coin Desk reported that Coinbase will be rolling out a regulated Bitcoin exchange that has been approved by half of the nation's state regulators. The Winklevoss  Twins announced on Friday that they plan to start a regulated Bitcoin exchange called Gemini, which they are financing out of their own pockets. They will only be dealing with … [Read more...]

Braintree now lets all U.S. merchants accept Bitcoin

January 22, 2015 by Raymond Hackney

Braintree will now make it possible for all merchants in the U.S. to accept Bitcoin. Venture Beat is out with an article that Braintree after making partnerships earlies in the year with Coinbase and Pay Pal will make it possible for all merchants in the U.S. to accept Bitcoin. I guess for those not that savvy when it comes to Bitcoin but still want to seem modern and cool, this will be an … [Read more...]

Bitcoin Drops Below $200

January 14, 2015 by Raymond Hackney

Bitcoin slipped below $200 today and traded down as low as $179 and change. Ruth Reader covered it for Venture Beat: Very early this morning the coin’s price fell below the $200 mark to $179.13, before somewhat rebounding. As of this writing the coin is worth $194.29. Yesterday, the value of Bitcoin started descending quickly. Its value depreciated from its opening price of $267 to a low of … [Read more...]

xHamster using Bitcoin as a prime way to receive online payments – A look at the top sites using Bitcoin

January 9, 2015 by Raymond Hackney

CryptoCoinsNews.com took a look at the top 100 sites using Bitcoin. The article started off looking at Xhamster.com the popular adult tube site. Mega porn site xHamster has not only accepted Bitcoin as a prime way to receive online payments, but is very happy with the results and is looking to expand services with the leading digital currency. Over the last six months, xHamster and many others … [Read more...]

Hackers Get over $5million in Bitcoin from Europe’s Largest Exchange

January 6, 2015 by Raymond Hackney

Europe's largest Bitcoin Exchange Got Hacked CNN Money reported that Bitstamp, the largest Bitcoin exchange in Europe was hacked. The take was over $5million. The exchange says that most of their reserves are held offline in secure storage systems. From the article: Cyber thieves have run off with about 19,000 bitcoin ($5.2 million) from Bitstamp accounts. The company said it has suspended … [Read more...]

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