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1  Bitcoin / Press / [2014-09-12] Project to Turn Bitcoin Into an All-Powerful Programming Language R on: September 12, 2014, 07:33:27 AM
http://www.wired.com/2014/09/ethereum-backers-raise-15-million/

Bitcoin are valuable because they’re both useful as a currency and in short supply. Only 21 million bitcoin will ever be created. That’s not the case with Ethers. Buterin and company plan to produce 15 million of them each year on their blockchain. There’s another important difference too. You will need to use Ethers in order to run software on the Ethereum network. Buterin calls it the platform’s programming “fuel.” The 30,000 bitcoin sale is a bet that people will actually want to do this.
2  Bitcoin / Press / [2014-09-12] Nearly 5M Gmail Credentials 'Leaked' on Russian Bitcoin Security Fo on: September 12, 2014, 07:31:35 AM
http://cointelegraph.com/news/112494/nearly-5m-gmail-credentials-leaked-on-russian-bitcoin-security-forum

Alleged leaked database containing 4,929,090 Gmail email addresses and related passwords was dumped on a Russian Bitcoin Security Forum.

On September 9, user tvskit from Russian Bitcoin security forum BTCSec.com, first reported the dump of the 28.7 MB file containing more than 4.92 million of Gmail accounts and passwords, as well as several thousands of credentials from Russia's largest email service Yandex. According to the user, 60% of these credentials are valid. Since then, a forum administrator purged the passwords from it.
3  Bitcoin / Press / [2014-09-12] Bitcoin Price Crisis – Can We Cross the Safe Range? on: September 12, 2014, 07:28:05 AM
http://www.cryptocoinsnews.com/bitcoin-price-crisis-cross-safe-range/

The Bitcoin Price has retreated away from yesterday’s local high near its two-week upper channel trendline. Trade is seemingly indecisive around its weekly pivot “safety blanket” and the coming European and US sessions should set the direction and thereby clarify the trend.
4  Bitcoin / Press / [2014-09-12] Bank of England sees Bitcoin fraud risk, deflation danger on: September 12, 2014, 07:25:46 AM
http://uk.reuters.com/article/2014/09/11/uk-britain-boe-bitcoin-idUKKBN0H61HL20140911

Bitcoin and similar digital currencies may be at increasing risk of fraud and could damage Britain's economy if they find widespread use, the Bank of England said on Thursday.

The BoE said the finite supply of Bitcoins - which are traded between users outside the banking system, and used to buy goods ranging from pizzas to PCs - meant that an economy where they formed the main currency would be at risk of deflation.
5  Bitcoin / Press / [2014-09-11] Bitcoin Wallet And Platform Coinbase Opens To Europe on: September 11, 2014, 05:38:54 AM
http://techcrunch.com/2014/09/10/coinbase-europe/

A lot of the regulatory environment is still unclear. Some countries have posted guidance on it, while others have been totally silent about it,” said Coinbase CEO Brian Armstrong. “We went through a process with each of these countries. We interpreted their guidance, told regulators about our plans and our goals of what we wanted to do. We had a bit of a dialogue, and some countries got comfortable. I will say we certainly have taken a more proactive reaching out to regulators.
6  Bitcoin / Press / [2014-09-11] Bitcoin creator Satoshi Nakamoto targeted by email hack on: September 11, 2014, 05:36:25 AM
http://www.theguardian.com/technology/2014/sep/09/bitcoin-creator-satoshi-nakamoto-email-hack

Bitcoin creator Satoshi Nakamoto appears to have received a hacking attack against at least some of his online accounts, with the hacker offering to sell the anonymous developer’s personal information for 25BTC, or around £7,000 ($11,000).
7  Bitcoin / Press / [2014-09-11] 5 Million Gmail Usernames, Passwords Hacked And Posted To Russian B on: September 11, 2014, 05:33:03 AM
http://www.ibtimes.com/5-million-gmail-usernames-passwords-hacked-posted-russian-bitcoin-forum-report-1684368

Hackers appear to have dumped nearly 5 million Gmail usernames and passwords to a Russian bitcoin forum. Word first spread of the still-unconfirmed hack when a user posted a link to the log-in credentials in a security-centric corner of Reddit frequented by hackers, professional and aspiring.

The database (which International Business Times will not link to) contains 4.93 million Google accounts belonging to English-, Russian- and Spanish-speaking users. Posts on the Russian-language bitcoin security forum asserted that more than 60 percent of the identities in question were still in use and could be accessed immediately, reported RIA Novosti, a Russian media outlet.
8  Bitcoin / Press / [2014-09-11] BitFlyer Launches Japan’s First Bitcoin Crowdfunding Platform on: September 11, 2014, 05:27:49 AM
http://www.coindesk.com/bitflyer-launches-japans-first-bitcoin-crowdfunding-platform/

Japanese bitcoin market bitFlyer has added a bitcoin crowdfunding platform called ‘fundFlyer’ to its feature list, launching the first service of its type in the country.

The system works in a fashion similar to more established crowdfunding services like Kickstarter and Japan’s own Shooting Star, but is taking a significant step towards mainstreaming bitcoin use in its home country with at least one high-profile user.
9  Bitcoin / Press / [2014-09-10] BTChip Launches Multi-Signature USB Bitcoin Wallet on: September 10, 2014, 07:47:28 AM
http://www.coindesk.com/btchip-launches-multi-signature-usb-bitcoin-wallet/

SB and USB on-the-go functionality

The HW.1 can be used on standard USB ports through a Chrome app running on Windows, Mac OS X, Android or Linux. It can also be used on Android devices with USB on-the-go (OTG) functionality, including a wide range of smartphones and tablets.
10  Bitcoin / Press / [2014-09-10] Pay for Uber in Bitcoin . . . Coming Soon on: September 10, 2014, 07:44:56 AM
http://blogs.wsj.com/digits/2014/09/08/pay-for-uber-in-bitcoin-coming-soon/

Braintree, which is owned by eBay, will roll out the capability in coming months, said CEO Bill Ready at the TechCrunch Disrupt conference in San Francisco on Monday. Merchants who use its payment processing software – including a host of buzzy startups like Uber, Airbnb and TaskRabbit – will be able to choose to accept the currency.
11  Bitcoin / Press / [2014-09-10] It appears the hacker has obtained control of the email account sat on: September 10, 2014, 07:35:10 AM
http://blogs.wsj.com/moneybeat/2014/09/09/hacker-claims-to-crack-email-of-bitcoin-creator-satoshi-nakamoto/

It appears the hacker has obtained control of the email account satoshin@gmx.com, the same email address cited atop the original white paper published by the bitcoin founder in August 2008. Messages from this address have been posted to various online forums and reportedly sent to people in the past 24 hours with content written in a style inconsistent with the founder’s previous public statements. In one of those messages, including one to a Pastebin forum, the poster is promising to release details of the real Nakamoto’s identity if he is paid 25 bitcoins–valued at about $11,700 at current prices.
12  Bitcoin / Press / [2014-09-10] PayPal Finally Embraces Bitcoin on: September 10, 2014, 07:26:05 AM
http://www.fastcompany.com/3035430/fast-feed/paypal-finally-embraces-bitcoin

For PayPal, it was a question of when. The payments company has long hedged on its stance on bitcoin--just a couple of weeks ago, it told Fast Company: "We do believe that bitcoin will play an important role in payments in the future but we have nothing to announce"--but as the virtual currency soared in valuation and adoption, it became harder to ignore.
13  Bitcoin / Press / [2014-09-09] PayPal and Coinbase are partnering to enable Bitcoin payments on: September 09, 2014, 04:11:26 AM
http://www.engadget.com/2014/09/08/paypal-bitcoin/

Remember that One Touch mobile payment solution PayPal announced last month? It's ready -- Braintree CEO Bill Ready announced at Disrupt that customers with the PayPal app will have access to mobile payments starting today. The mobile payment platform is the first fruit Braintree has borne since PayPal acquired it last year, but it isn't the last: Ready says his company is laying the foundation for PayPal Bitcoin payments, too.
14  Bitcoin / Press / [2014-09-09] Payments Processor Braintree Confirms Bitcoin Integration Rumors on: September 09, 2014, 04:03:52 AM
http://www.coindesk.com/braintree-ceo-paypal-moving-toward-bitcoin-acceptance/

Braintree, a subsidiary of eBay-owned PayPal that was acquired for $800m in 2013, revealed on its blog that it intends to release a software development kit (SDK) developers and merchants can use to add bitcoin to their existing payment methods.

The integration is the result of a partnership with Coinbase, which was first reported to be in talks with Braintree about a potential partnership this August. Further, the news was officially announced at TechCrunch Disrupt San Francisco during a talk given by Braintree CEO Bill Ready.
15  Bitcoin / Press / [2014-09-09] Dutch Campaign Aims to See Bitcoin Classified as Money on: September 09, 2014, 03:59:45 AM
http://www.coindesk.com/dutch-campaign-aims-see-bitcoin-classified-money/

Bitcoin company Bitonic has launched a crowdfunded campaign aimed to support efforts to define bitcoin as money in the Netherlands.

The campaign has been dubbed Bitcoin is Geld (literally: ‘bitcoin is money’) and has so far raised more than 30 BTC. The cause enjoys the support of the Dutch Bitcoin Foundation and law firm SOLV.
16  Bitcoin / Press / [2014-09-09] CoinSafe May Have Solved The Bitcoin Transaction Speed Problem on: September 09, 2014, 03:55:41 AM
http://techcrunch.com/2014/09/08/coinsafe-may-have-solved-the-bitcoin-transaction-speed-problem/

CoinSafe, a company founded by Michael Flaxman and Tom Chokel, is a “free Bitcoin ATM service.” It allows almost anyone with smartphone to become an BTM (you become the cash dispenser, in this case). There are about 300 stores signed up now and you can go in and buy and sell bitcoin via an app.
17  Bitcoin / Press / [2014-09-08] First America, now Britain! Chancellor to unveil Bitcoin plans in U on: September 08, 2014, 04:01:49 AM
http://leaprate.com/2014/09/07/first-america-now-britain-chancellor-to-unveil-bitcoin-plans-in-uk-budget/

In total contrast to last year’s chain of events surrounding Bitcoin which would cause even the most risk-hungry investor to head for the hills, the overwhelming turn in the opposite direction this year in North America has made its way across the Atlantic to Britain as the nation’s Treasury prepares to include important aspects relating to Bitcoin in the annual Budget.

In Britain, the Chancellor of the Exchequer delivers the Budget each year, which consists of new financial measures intended to grow the economy as well as new taxation rules, as well as the annual declaration of spending by public sector organizations.
18  Bitcoin / Press / [2014-09-07] Can Bitcoin Surpass Credit Cards for Low-Cost Fraud Protection? on: September 07, 2014, 04:27:40 AM
http://www.coindesk.com/can-bitcoin-surpass-credit-cards-low-cost-fraud-protection/

It’s almost essential today for merchants to accept credit or debit cards. Indeed, it is often the only form of payment in a customer’s wallet.

However, in exchange for accepting cards, merchants must pay for a number of services that they may not need or want as part of the blanket fees charged by payment processors.
19  Bitcoin / Press / [2014-09-06] Bitcoin Promoter Charles Shrem Pleads Guilty on: September 06, 2014, 12:41:40 PM
http://online.wsj.com/articles/bitcoin-promoter-charles-shrem-pleads-guilty-1409870506

Mr. Shrem, 24 years old, pleaded guilty to aiding and abetting the operation of an unlicensed money-transmitting business. Robert Faiella, who the Manhattan attorney's office alleged was Mr. Shrem's accomplice, also pleaded guilty Thursday to operating an unlicensed money-transmitting business.

In both of the plea agreements, the sentencing guidelines include 57- to 60-months imprisonment. There is also a maximum fine of $250,000 or twice the amount of money derived from the crime or two times the loss to the victim, whichever is greatest. The final sentence will be determined by U.S. District Judge Jed Rakoff.
20  Bitcoin / Press / [2014-09-06] Chinese Yuan Overtakes US Dollar in Trading Volume on: September 06, 2014, 12:33:40 PM
http://www.ibtimes.co.uk/bitcoin-chinese-yuan-overtakes-us-dollar-trading-volume-1464279

Chinese bitcoin exchange BTC China said in a tweet that about 71% of bitcoin trades last month came from the Chinese market.

The exchange sourced bitcoinity to substantiate its claim. The website, which cautions its data is "unfinished" and "may change its form completely", says the Chinese yuan claimed a 71.35% share of total bitcoin transactions over the last month, followed by 23.16% of the US dollar.
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