Archive for the ‘News’ Category

ASRock releasing mining motherboard

ASRock announced today that they’re releasing a motherboard that is specifically targeted at GPU miners. Although ASRock is marketing it as a “bitcoin mining” motherboard, it’ll likely prove far more interesting to scypt-based coin miners (litecoin, etc), as bitcoin mining is now pretty much the realm of ASIC-based hardware. The H81 Pro BTC has 6 […]

bitcointalk.org forums hacked, user accounts for sale

The popular cryptocurrency forum bitcointalk.org (the site is currently down) was breached by hackers yesterday. Apparently the hackers were able to gain access to the site database and obtain the complete list of ~150,000 user accounts, along with each user’s hashed password. The hackers are now offering the list up for sale to any interested […]

mcxNOW paying out interest on cryptocurrency deposits

Yesterday, mcxNOW—a cryptocurrency exchange supporting Bitcoin, Litecoin, and several other altcoins—started paying its users interest on their digital deposits. The interest rate is variable and dictated by the trading fees collected by the exchange. It’s an interesting move, and if it’s successful in significantly growing mcxNOW’s user base, you can bet that other exchanges will […]

Bitcoin kiosks coming to five Canadian cities

Soon, Canadians will be able to exchange cash for Bitcoins at automated kiosks similar to ATMs. Bitcoiniacs, a Vancouver-based brick-and-mortar bitcoin broker, has ordered five of the kiosks and intends to roll them out across Canada in the coming months. The first machine is expected to land in Vancouver this October. From the article: The […]

Android Bitcoin & Litecoin wallets potentially vulnerable to theft due to coding flaw

Due to a serious flaw in the Java secure random number generator used by many Bitcoin applications on the Android operating system, any wallets generated by Android apps are potentially vulnerable to theft. While the advisory on bitcoin.org only mentions Bitcoin, the flawed code is also used in many Android Litecoin wallets, and probably also […]

Bitcoin legality questioned in Thailand

Today the Thai-based Bitcoin Co. Ltd., an online bitcoin currency exchange, was forced to shutter operations after receiving notice from the Bank of Thailand that Bitcoin might be illegal due to the lack of any laws that explicitly allow it. From their website: At the conclusion of the meeting senior members of the Foreign Exchange Administration and […]

Marketwatch: Digital currency threatens gold’s value

A Marketwatch commentary posted today claims that the most significant long-term threat to gold’s value as an investment is the rising popularity of digital currency, such as Bitcoin. From the article: If you just wanted a reliable place to stash your cash, you had two options — deposits in banks in a currency controlled by […]

WSJ blogger asks: “Are Litecoins the next big thing?”

At least one Wall Street blogger believes that Litecoins are the next big thing. The author’s post hits on the standard litecoin vs. bitcoin differences, but mostly focuses the success of CipherMine, a Litecoin-mining company that went public a few weeks ago on the LTC Global Exchange. From the post: Shares in CipherMine, a company […]

Mt. Gox resumes USD withdrawal service

Mt. Gox has announced that they’ve resumed processing USD withdrawals, via a new transaction backend. There is apparently a backlog for them to work through, so withdrawal requests might still take some time.

Techcrunch: people increasingly familiar with bitcoin; majority trust it

Techcrunch posted an interesting article that examines the results of a recent international survey around Bitcoin. It turns out that over a quarter of the people surveyed in the US have heard of Bitcoin, and the majority of those people trust the digital currency. From the article: So what do U.S. consumers make of Bitcoin […]