New Bitcoin ATM pops up in South Korea

News

A new Bitcoin ATM that allows the users to buy and sell cryptocurrency has recently been installed in Seoul, South Korea. The machine was developed by the exchange Coinplug within a partnership with the well-known company Nautilus Hyosung, an international brand dedicated to the production of ATMs. No identification is required to use the machine, which is connected…

Details

Litecoin Electrum Beta Testing

News

Electrum is arguably the most well known Hierarchical Deterministic (HD) wallet, fully implementing BIP0032. An HD wallet generates all Bitcoin addresses using a specific algorithm from a single seed. A seed is the starting point and can be anything. Further, as Electrum is a ‘Type 2’ HD wallet, the seed from which all key pairs…

Details

The US Congress Examines Bitcoin

News

The Bitcoin economy will be drastically different a year from now, as it is much different today than it was a year ago. Washington will have a huge effect on what direction the Bitcoin markets move, as Congress and regulators shape the rules Bitcoin stakeholders must adhere to. Additionally, the U.S. is the global financial…

Details

PS3 Bitcoin mining: does it really work?

News

The question was launched back in 2011, when generating Bitcoins was still considered “easy”. Can one really mine Bitcoins with a Playstation 3? Well, you could technically do it, but it’s just not worth the hassle anymore. The debate started on the Bitcointalk.org forum when the user ‘jkminkov’ wrote the following words two years ago: “just…

Details

The Bitcoin Phenomenon

News

There is a new video that is taking the Bitcoin community by storm. Produced by recently launched internet cable brand SQ1  (pronounced square one), the video titled “The Bitcoin Phenomenon” explores the groundbreaking aspects of digital currency. Filled with interviews with some of the crypto community’s best and brightest, the half-hour long video gives a…

Details