Leading Bitcoin developer disses the cryptocurrency, sells coins and joins bank consortium
One of the most prominent Bitcoin developers, Mike Hearn, says he no longer wants to help develop the cryptocurrency, claiming the system has failed.
One of the most prominent Bitcoin developers, Mike Hearn, says he no longer wants to help develop the cryptocurrency, claiming the system has failed.
Four weeks: That's how long Swedish bitcoin mining company KnCMiner takes to build a new datacenter, from breaking ground to beginning operations.
From enabling the Internet of Things, to managing the use of digital content and improving the efficiency of global payments, there’s more to blockchain technology than just Bitcoin.
David Gee talks to The Living Room of Satoshi’s founder, Daniel Alexiuc, about the digital currency landscape, why regulators are having trouble with Bitcoin, and impediments to its uptake in the future.
Some people who use uTorrent, the popular BitTorrent client, are up in arms over the presence of cryptocurrency mining software on their computers which they say was installed without their permission.
Webjet today began trialling Bitcoin payments for its 'Webjet Exclusives' arm, which offers deals the travel agency has directly negotiated with suppliers. Webjet is the first online travel agency in Australia to embrace the digital currency.
It looks like an exciting year ahead for the mobile payments space, as analysts predict Apple Pay to be the leader in mobile wallets, banks to give up some control to gain influence in the market, and more people using the Bitcoin blockchain concept to develop new financial products.
Melbourne-based Bitcoin exchange CoinJar is moving its headquarters to London in the UK where it says it can do business in a less burdensome regulatory environment.
Coinbase, one of the more prominent exchanges for buying and selling bitcoins, is opening up wider access to the digital currency in Europe.
Online point of sale provider Vend has partnered with DC POS (Digital Currency Point of Sale) to allow retailers to transact with bitcoins.
Bitcoin advocates have spoken out against a ruling by Australian Tax Office that may force businesses to pay double the amount of GST for sales of products and services using Australian Bitcoin exchanges.
Tracking Bitcoin transactions and identifying people on the blockchain is no easy task, leaving law enforcement agencies worried about criminals using it to do their dodgy business in private.
Although a mining pool last month managed to briefly control the majority of the computing power used to generate the Bitcoin crypto-currency, a so-called '51 per cent attack' remains unlikely.
Many people are questioning if Bitcon is safe. And it's no wonder given the horrors stories such as Tokyo-based Bitcon exchange Mt. Gox, which filed for bankruptcy protection in March after losing around $474 million worth of bitcoins.
Australian bitcoin exchange, igot.com, has secured funding from US-based startup investor and founder of Tremor Video, Jesse Chenard.