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.

Two 17-Year-Old Students Pitch a Bitcoin Startup at DEMO Fall 2014 Conference
November 24th, 2014

Two 17-year old students seem to be the youngest Bitcoin entrepreneurs.

Bitcoin Black Friday 2014 Plans to be Bigger than Ever
November 24th, 2014

Bitcoin Black Friday, one of the largest days of bitcoin commerce during the year, will take place in the end of November and is anticipated to witness an increase in the overall bitcoin sales volume.

Dark Web Marketplace Evolution is Profiting From Silk Road 2’s Shutdown
November 24th, 2014

New Dark Web’s drug market, called Evolution, allows customers to buy stolen credit card numbers and weapons.

Adam Draper’s Boost VC Will Focus on Bitcoin Companies
November 22nd, 2014

Boost VC, a startups accelerator, has announced it will focus on bitcoin ventures and is going to accept 20-30 bitcoin companies in the next group of startups.

BitX Launches the Slickest and Easiest-to-Use Bitcoin Mobile Wallet
November 21st, 2014

BitX, a bitcoin exchange and wallet provider, has launched new application for iOS and Android devices that will allow users selling and buying the digital currency.

Lamassu Says Bitcoin ATM Owners Making $1000-$3000 a Month
November 21st, 2014

Lamassu, bitcoin ATM manufacturer, uncovered data on the earnings received by the operators of its bitcoin machines.

CoinSpeaker Editor KeyNote Presenter in Asia, Answers: “What’s a Bitcoin Worth?”
November 21st, 2014

CoinSpeaker will be exclusively posting the slides and the video to the presentations given by our Editor after the final presentation – so don’t forget to come back and check them out if you can’t attend!

Mozilla Foundation Now Accepting Bitcoin Donations via Coinbase
November 20th, 2014

Mozilla has recently annouced that it is starting to accept bitcoins through Coinbase toward the Mozilla Foundation.

SpectroCoin Launches Bitcoin-to-Cash Service in 25 Countries
November 20th, 2014

Bitcoin services provider SpectroCoin has commissioned new bitcoin-to-cash remmitance service that will be available for residence of Europe and Central Asia.

Coinbase Expanded its Business Through Partnerships With DailySteals and RewardsPay
November 20th, 2014

Coinbase’s partnership with DailySteals will allow users to acquire discounted items with bitcoin, while the partnership with RewardsPay will make bitcoin purchases available for Facebook and iTunes users.

Hackers Seized Database from City of Detroit in April, Demanded $800k in Bitcoin
November 19th, 2014

The city of Detroid was victimized by the hackers who had seized a database and asked for 2,000 BTC as a ransom.

KnCMiner to Launch 16nm Bitcoin Mining ASIC in 2015
November 19th, 2014

Swedish bitcoin mining hardware KnCMiner is going to commission its new Solar ASIC chips for bitcoin mining in 2015.

BitStars.net Introduces Euro Deposits in Addition to Existing Bitcoin Ones
November 18th, 2014

Bitstars.net announced today that its players will have the possibility to deposit and play with the Euro currency as well as the already existing bitcoin crypto currency.