Latest Bitcoin publications

C7 sues Bitcoin mining firm for unpaid data centre services

Data centre provider C7 has filed a lawsuit against its customer CoinTerra after the bitcoin mining firm has reportedly not been paying its bills for its data centre services. The data centre company is demanding $5.4mn (approx. £3.6mn) in damages, court fees and related costs. The case comes at a time of great instability for… Read More

Hacked Bitstamp claims bulk of bitcoin ‘remains safe’

Bitstamp, the trusted Slovenia-based exchange, has fallen victim to the first bitcoin hack of 2015, suspending its services after a suspected breach. The company posted a warning on its website advising customers that there is “reason to believe that one of Bitstamp’s operational wallets was compromised on January 4th, 2015.” Bitstamp has said that its services… Read More

Blockchain messaging promises ‘the unerasable internet’

Krzysztof Okupski, the creator of the Bitcoin Developer Reference has developed a messaging tool using the ‘blockchain’ technology which underpins Bitcoin, effectively a communications system whereby messages can neither be blocked nor amended later. Such a system could potentially avoid censorship, retroactive or otherwise, by governments or by less authorised hackers. The project was inspired… Read More

Microsoft accepting Bitcoin as payment method

Bitcoin’s much-discussed potential as a financial ‘Rosetta Stone’ has been boosted by the news that tech behemoth Microsoft is now beginning to accept the cryptocurrency as a payment method. A new article in Microsoft’s billing help section details the limitations of the new arrangement, which allows users to purchase apps, games and digital content for… Read More

Australian cops crack down on crypto-crime

One of Australia’s leading policing agencies, the Australian Crime Commission (ACC), has launched an investigation into crypto currencies and their link with organised crime. According to a Reuters report, the official operation named ‘Project Longstrike’ will be monitoring “misuse of virtual currencies to facilitate criminal activity.” “Organised crime groups continue to make use of darknets… Read More