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Summary: BoostVC, the venture capital firm founded by Adam Draper, has focused solely on investing in Bitcoin companies since 2012. Now, they say, BoostVC will begin looking at expanding their investments into Ethereum-based startups as well. Although many felt skeptical about Ethereum’s lofty goals as a platform — especially since the project took a long time to have anything to show …
The Latest Bitcoin News
February, 2016
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23 February
Update: Bitcoin Core 0.12.0 Released
Summary: A new version of Bitcoin Core, version 0.12.0 has been released today, 2/23/2016. This is a pretty significant update that brings a number of improvements to the Bitcoin Core wallet and background node service. Changes include: 7x Faster Signature Validation Ability to Limit Upload Traffic Crash Prevention via Memory Pool Limits Option to Send Transactions That Can Be Fee-Boosted …
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17 February
GAW Miners & CEO Josh Garza Charged With Fraud by SEC, Fined $10 Million
Summary: GAW Miners and ZenMiner appear to have been a classic ponzi scheme. Customers believed they were buying into a lucrative “cloud mining” operation with guaranteed profits, when in reality Garza had little or no Bitcoin mining hardware and was paying customers from proceeds of other companies. GAW Miners and ZenMiner are reported to have sold $19 million worth of cloud …
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17 February
You Can Now Send & Receive Altcoins With Your BitGo Wallet
Summary: BitGo has partnered with ShapeShift.io to allow users to send and receive Altcoins directly from their BitGo wallet. This new functionality comes from BitGo integrating the ShapeShift.io exchange API directly into their wallet software. It is important to note that any Altcoins sent or receieved are instantly exchanged for Bitcoin; this does not allow you to directly hold Altcoins …
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11 February
How Does Purse.io Offer 20% Off Amazon.com Purchases?
Summary: For those that have been living under a rock are unaware, Purse.io is a marketplace website that acts as an escrow agent between those with Amazon.com gift cards (or a credit card) and those with Bitcoin. In a reverse-auction style, a user will post an Amazon wishlist along with a desired discount they wish to receive and then give the full purchase …
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10 February
2016 Iowa Caucus Results Recorded Forever On the Blockchain
Summary: Blockchain Technologies Corp. traveled to Iowa for the 2016 caucuses. With the Rand Paul campaign, they were able to get Republican precinct captains to directly post their results to a custom webapp (you can see it at IowaCaucus.net or VoteWatcher.com) that recorded the results onto the Bitcoin blockchain. This is the first time that government election results have been …
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4 February
Ethereum Overtakes Litecoin For #3 in Market Cap
Summary: As of January 23rd, 2016 Ethereum, the cryptocurrency with a Turing-complete programming language built in, has surpassed Litecoin’s marketcap to take the #3 spot in cryptocurrencies with a market cap of almost $200 million. Ripple has held the #2 spot for some time now with a market cap of $236 million, and Bitcoin is in the #1 spot by leaps …
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4 February
CoinDesk’s State of Bitcoin (and the Blockchain) 2016
Every quarter, CoinDesk releases their “State of Bitcoin” report, which has gone on to become required reading for anyone following Bitcoin. Their latest release, the State of Bitcoin 2016 offers a recap of 2015 and a look forward at what 2016 holds for the digital currency and blockchain technology. You can download the full report for free here and read a …
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4 February
Winklevoss Bitcoin Exchange ‘Gemini’ Adds Multi-User Accounts
Summary: Gemini, the NY-based Bitcoin exchange founded by twin brothers Tyler and Cameron Winklevoss, has announced a new feature: multi-user accounts. Gemini customers can now allow other people to access their accounts and set different roles with various levels of access. The feature allows a fund to hold one account and assign multiple traders, or simply allows a user to …
January, 2016
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26 January
New Study Shows Bitcoin Easy To Use Even With No Understanding
Summary: A new study from Rutgers University set out to investigate why more people haven’t adopted Bitcoin. The study involved 20 participants; 10 that were familiar with Bitcoin and 10 that were not. The key takeaway of the study was that those who consider themselves familiar with Bitcoin do not tend to give accurate descriptions of how Bitcoin works and tend …