Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, called altcoins, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

Canada Signs First Ever Official Law Regulating Bitcoin Businesses
June 24th, 2014

The Parliament of Canada signed the first official law that will regulate the virtual currencies.

yesbitcoin Plans to Make Bitcoin a Household Name
June 23rd, 2014

Non-profit organization yesbitcoin seeks to become the retail face of Bitcoin.

CoinSpeaker Joins Bitcoin News Network for Commercial Press Release Service
June 23rd, 2014

The nine leading Bitcoin News websites including CoinSpeaker.com collaborate for commercial Press Release service.

‘Uncoinventional’ Family to Travel Across the U.S., Spending Only Bitcoin
June 22nd, 2014

John Bush and Catherine Bleish, together with their family, will drive across the US using only bitcoin.

Congressman Jared Polis: ‘I Will Protect Bitcoin in U.S. Congress’
June 22nd, 2014

US politician Jared Polis is going to protect the digital currency in the US and will fight against lawmakers that want to ban bitcoin.

Roger Ver Also Known as  ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise
June 21st, 2014

Millionaire Roger Ver is now offering people to gain citizenship and passport of St. Kitts and Nevis with bitcoin through his website.

Julian Assange Tells Google’s Eric Schmidt to Embrace Bitcoin
June 21st, 2014

Julian Assange, the founder of Wikileaks, discussed bitcoin with former Google chairman and then-CEO Eric Schmidt in 2011.

Bitcoin Foundation Seeks to Create Bitcoin Unicode Symbol
June 20th, 2014

The Bitcoin foundation calls for volunteers for its Standards Committee, which will be responsible for finding bitcoin’s Unicode symbol.

U.S. Marshals Accidentally Leak List of Bidders in Silk Road Bitcoin Auction
June 19th, 2014

The US Marshals has inadvertently leaked a list of the potential participants in the Silk Road bitcoin auction that will be held on June 27th.

BitPay Signs on as NCAA College Football Bowl Game Title Sponsor
June 18th, 2014

BitPay is going to sponsor an annual college football postseason game that will accept bitcoin at its stadium in St. Petersburg, Florida.

Meet ‘Coined,’ the First Feature-Length Documentary about Dogecoin and Altcoins
June 18th, 2014

Award-winning director Adam Cornelius and This American Life contributor Chris Higgins have joined forces to produce ‘Coined,’ the first feature-length documentary to cover Dogecoin and other emerging altcoins.

Hacker Hijacks Storage Devices, Mines 500 Million Dogecoins
June 17th, 2014

The unidentified hacker made almost 500 million in dogecoin through network attached storage (NAS) systems.

Winklevoss Price Ticker Has Started on Bloomberg
June 17th, 2014

WinkDex bitcoin financial index gets added to Bloomberg.