Sam GiambalvoBitcoin exchange hit with $61 million theftverified_publisherThe Verge - Russell BrandomHackers have compromised the Bitcoin exchange Bitfinex, the company announced today, withdrawing roughly $61 million from various consumer accounts. The causes of the breach are still unclear, but the attackers appear to have bypassed Bitfinex’s mandated limits on withdrawals. "The theft is being …
Sam GiambalvoBitcoin price jumps 21 percent over 4 days, reaching a 21-month highverified_publisherTechCrunch - Romain DilletBitcoin is back! Or at least, there are positive signs indicating that bitcoin might not be as dead as everybody thought. Bitcoins are now trading at $547.40 on Bitfinex (the largest USD/bitcoin exchange according to Bitcoinity). And it represents a big 21.4 percent price jump over just four …
Sam GiambalvoThe price of bitcoin just surged to a 20-month highverified_publisherQuartz - Ian KarBitcoin is having a great weekend. Since Friday morning, the price of bitcoin has increased 15% and briefly reached $530. That’s the cryptocurrency’s highest price since August 2014, when bitcoin traded around $532. The market value of all bitcoin in circulation crossed $8 billion. There are …
Sam GiambalvoBlockchain open sources Thunder network, paving the way for instant bitcoin transactionsverified_publisherTechCrunch - Romain DilletBlockchain, the company behind the world’s most popular bitcoin wallet, has been quietly working on an interesting project called Thunder. The Thunder network is an alternative network of nodes that lets you make off-chain bitcoin payments in seconds and settle back to the bitcoin blockchain every …
Sam GiambalvoThe man once thought to be Satoshi Nakamoto is raising money for a bitcoin startupverified_publisherQuartz - Ian KarOne of the early pioneers of bitcoin and blockchain is raising money to fund a financial startup based on the virtual currency. Nick Szabo, a cryptographer who worked on an early bitcoin prototype called DigiCash, is in talks to raise $3 million, according to sources and a pitch deck reviewed by …
Sam GiambalvoBanks, tech companies move on from bitcoin to blockchainverified_publisherReuters - Gertrude Chavez-DreyfussNEW YORK (Reuters) - As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we've moved on. That's because bitcoin, the digital currency, …