bitcoin news

Fidor The First Bank to Use Ripple Payment Protocol

San Francisco based decentralized payment network provider Ripple Labs has announced that German Internet direct bank Fidor is now using the Ripple protocol as part of its transaction infrastructure. With the announcement, Fidor has become the first bank to integrate Ripple’s payment protocol, allowing its customers to instantly send money in any currency in any […]

Yelp Announces New Feature for Bitcoin Merchants

San Francisco based business directory provider Yelp has officially announced a new functionality that allows bitcoin accepting merchants to promote awareness of the payment method via its platform. Though rumors of the new feature have circulated since as far back as 10th April 2014, this was the first time that the company confirmed the news. […]

Dorian Nakamoto thanks Bitcoin users for donations

Dorian Nakamoto the cash strapped man Newsweek magazine named as the creator of Bitcoin has thanked supporters who donated over US$23,000 of the virtual currency to him. Dorian Satoshi Nakamoto again denied being the mysterious mastermind behind Bitcoin in a YouTube video, and expressed his thanks to the Bitcoin community. “There’s 2,000 of you who […]

Price of Bitcoin Moves Up and Breaks $500 mark as China Fears Subside

Thе price оf bitcoin continued itѕ upward trend оn thе Bitcoin Price Index (BPI) today, rising rоughlу 9% tо top $500. Thе recent recovery, sparked bу comments frоm People’s Bank оf China (PBOC) governor Zhou Xiaochuan, continued аѕ thе 15th April deadline allegedly imposed bу thе central bank саmе аnd wеnt withоut аnу additional account […]

Deposit Freeze at Chinese Exchanges Drives Bitcoin Price down

Deposit Freeze at Chinese Exchanges Drives Bitcoin Price Below $400 The price of bitcoin fell below $400 for the first time since November 2013 on 10th April, as major China based bitcoin exchanges began reporting that they had received notice that their bank accounts would be shut down by banking partners. The initial drop occurred […]

Bitcoin Core Version 0.9.1 Fixes Heartbleed Vulnerability

Newly Released Bitcoin Core Version 0.9.1 addressed the Heartbleed OpenSSL vulnerability, also known as CVE-2014-0160. The vulnerability has been patched by major bitcoin exchanges in a matter of hours. In case you missed it, Heartbleed is a pretty big deal in the security community. The crypto bug in OpenSSL (an open-source implementation of the SSL and […]