“Everyone thinks bitcoin is the currency of criminals.” According to Alasdair Rambaud, senior vice president for payment solutions provider CardinalCommerce and a self-proclaimed bitcoin user, this is the only factor prohibiting bitcoin from mass adoption. Rambaud believes that “most large merchants” in the US are currently looking into accepting bitcoin as payment, and that the […]

Boost VC CEO Adam Draper has launched a petition seeking a number of changes to New York’s proposed BitLicense framework. The petition calls for New York regulators to limit the amount of information they gather on virtual currency startups to what is mandated by federal standards; that the BitLicense avoid using duplicative language already enshrined in federal law; […]

Coinbase has announced details of its second hackathon competition, including $70,000 in bitcoin prizes and an all-star judging panel. The company, which offers a number of developer tools, says it is seeking apps that will find new use cases for bitcoin and make it “more approachable”. Prizes range from $10,000 (1st place) to $500 (5th place) in […]

Top Canadian bitcoin exchange Cavirtex is expected to resume trading following its acquisition by New York platform Coinsetter. The news comes after Cavirtex announced it was planning to shut down operations in March following a breach that compromised security information including password hashes the previous month. Jaron Lukasiewicz, now CEO of both Coinsetter and Cavirtex, said measures […]

BitFlyer has released a new block explorer that it hopes will provide a more colorful and robust offering amidst the growing landscape for online bitcoin tools. Dubbed chainFlyer, the visualizer provides an illustrated environment in which users can examine individual bitcoin transactions, inspect completed blocks on the bitcoin ledger and search for information on the blockchain. […]