Video: Roundup of This Week's Bitcoin News 23rd May 2014
After almost a month, the price of bitcoin is back up to $500. Are you doing a little happy dance? So are we! (Don't worry: it doesn't appear in the video). Check out some of the biggest headlines from last week leading up to the price rise. 37Coins plans SMS-based wallet: Startup 37Coins has created a universal bitcoin wallet that can be used on any cellphone. The service allows users to pay in bitcoin from any mobile device with SMS functionality via a 'gateway' in the user's country of origin. This news is a step in the right direction to deliver worldwide bitcoin access. FAC sees....
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This week Apple let down its anti-bitcoin guard and 50 Cent dropped a new album with some exciting news. Check out these and other top news stories in this week's roundup. Apple updates its policy on virtual currencies: Apple released an update to its App Store Review Guidelines. The updated purchases and currencies section now reads: "Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions." Apple has had a long history of restrictive policies dating back to 2012....
Want a quick roundup of what's been happening in the world of digital currencies? Here are our three biggest headlines from this past week: Unusual database error causes Blockchain outage: The bitcoin data and wallet service, Blockchain.info, was down for more than a day this week. Issues started when Blockchain suspended Shared Coin transactions. The company has since moved to reassure customers that their bitcoins are safe. KnCMiner announces first scrypt miner: KnCMiner is now accepting pre-orders for 'Titan', its first mining rig dedicated to script mining. At just under $10,000, Titan....
Bye-bye Gox and hello BTC debit cards! Not entirely sure what I'm talking about? Take a look at this week's news roundup to get up to speed with the latest developments in the world of digital currency. Mt. Gox announces commencement of bankruptcy proceedings: This week we bid our final goodbye to Mt. Gox as a company when bankruptcy proceedings were announced in Japan. The troubled bitcoin exchange officially filed for liquidation last week. A group of investors made a last ditch attempt earlier this week to stop the company from being liquidated, but a deal didn't materialize. Jeff....
Missed out on your digital currency news this week? Here are all the headlines you need to know: Mt. Gox files for bankruptcy protection in the US: the Japan-based bitcoin exchange has filed for Chapter 15 Bankruptcy protection in the United States. Chapter 15 bankruptcy is based on a UN model law that provides specific protections in cases of cross-border insolvency. Developments on bitcoin regulations around the world: New York is now accepting applications for digital currency exchanges while Singapore is planning to regulate bitcoin exchanges and ATMs. Huobi to start trading litecoin:....
In this week of closures, crashes and heartbleed, here are three of the biggest stories we covered on CoinDesk. Bitcoin price falls below $400: The price of bitcoin hit a low of $344 this week following deposit freezes at Chinese bitcoin exchanges. The initial drop happened after an announcement from Chinese exchange BTCTrade.com, which was then corroborated by similar statements from Huobi and BTC100.org. This is the lowest the price has fallen since November 2013. National Australia Bank turns back on bitcoin: NAB has decided to disassociate itself from bitcoin and will be closing the....