1. Bitcoin

Category Archives: Bitcoin

One year on, Elliptic's secure Bitcoin vault is slowly filling up

Posted on by

Home News Security One year on, Elliptic's secure Bitcoin vault is slowly filling up Bitcoin vaults turn out to be eerily like real ones

Share

London-based secure Bitcoin vault Elliptic is slowly adding new pieces to its startup jigsaw, last week appointing former Bitcoin Foundation director Kevin Beardsley as the firms new head of business development.

Its another fillip for a firm that in January gained ISAE 3402 accreditation from auditors KPMG, a critical piece if financial architecture for a company that wants to make Bitcoins a respectable form of investment secured using its Vault platform.

So a year into operation, where is this unusual business today? According to co-founder and CTO Adam Joyce the firm is finding customers from Londons financial sector among investment funds and trading houses which increasingly view Bitcoins as a respectable, investment-grade asset.

Naturally, they need somewhere secure to keep these as well as automation to minimise the sort of friction that surrounds so many other financial assets. This turns out not to be easy to build.

Elliptic has had to engineer a tie up to have the Bitcoins stored with it insured in a policy underwritten by Lloyd's of London (based on the price on the day a claim is made). Bitcoins have an odd reputation, Bitcoin startups more so, which is why Joyce is keen to emphasise the financial engineering of being able to offer insurance and the sort of financial respectability of being accredited by KPMG and based in London.

Many of our customers require a custodian that complies with certain standards. Our accreditation by KPMG allows certain customers to use us, says Joyce. We always ensure we act in a compliant way.

One of the most extraordinary aspects of this business is that it is reinventing the world of physical security and paper online virtual currencies might be assume to have abolished. No matter how much clever software the small but expanding team builds, the core of the company is a special room full of computers and other storage hardware that are not only not connected to the Internet but have never been connected to the Internet.

These are the among loneliest computers in the world, so isolated Joyce says that the keys made by them emerge sometimes on paper.

Continue reading here:

One year on, Elliptic's secure Bitcoin vault is slowly filling up

Bitcoin Price Today – Price Manipulation by ‘The Invisible Hand’ of the Money Mafia – Video

Posted on by


Bitcoin Price Today - Price Manipulation by #39;The Invisible Hand #39; of the Money Mafia
A discussion about bitcoin price manipulation, the natural price rise of a limited supply cryptocurrency, analogized with a basketball or polo ball held unde...

By: BackToConstitution

Read more from the original source:

Bitcoin Price Today - Price Manipulation by 'The Invisible Hand' of the Money Mafia - Video

SF Bitcoin Meetup at Founders Space – Kevin Zhou @Buttercoin and Matt Corallo @Blockstream [Live] – Video

Posted on by


SF Bitcoin Meetup at Founders Space - Kevin Zhou @Buttercoin and Matt Corallo @Blockstream [Live]
Kevin Zhou, Chief Economist of Buttercoin - How efficient are the Bitcoin markets? Matt Corallo, Co-founder of Blockstream - Economic incentive backed consensus: What is a Blockchain, anyway?...

By: SF Bitcoin Meetup

Read more here:

SF Bitcoin Meetup at Founders Space - Kevin Zhou @Buttercoin and Matt Corallo @Blockstream [Live] - Video

Planet Bitcoin

Posted on by

In 1876, Alexander Graham Bell received the first patent for the telephone. The way people around the world communicate was forever changed.

In 1886, Carl Benz perfected the modern automobile. The way people around the world move about was forever changed.

In 1903, the Wright Brothers successfully completed their first flight. The way people around the world travel was forever changed.

In 1926, John Logie Baird gave the worlds first demonstration of a working television. The way people around the world are entertained was forever changed.

In 2009, Satoshi Nakamoto introduced a digital currency called Bitcoin. The way people around the world earn, spend, transfer and hold their wealth was forever changed.

Welcome to the new world, the world of Bitcoin. Peer-to-peer payments without a middleman, i.e. a bank. Transparent money, of limited, certain quantity. Honest. Decentralized. Verified.

This is a genuine paradigm shift. We are now living on a Bitcoin planet. Just as the early adopters of the above inventions were rewarded tremendously for their foresight, early adopters of Bitcoin will likewise be rewarded tremendously for aligning themselves with the new digital money. Right at this moment, the world of money is changing. You have the opportunity to be on the forefront of the cutting edge of this new technology and ride the wave of change as the world transitions into a financial system based upon digital, peer-to-peer money.

Bitcoin. Because responsible, free people need an honest, free currency.

From the latest in breaking Bitcoin News, to the current Bitcoin exchange rates of all the major currencies, to sources of free Bitcoins, to creating a Bitcoin wallet with multiple accounts, if you want to know and learn more about Bitcoin, our goal at planet Bitcoin is to be your trusted source for the most complete, reliable, and comprehensive Bitcoin coverage anywhere.

Once again, welcome to the new world. Welcome to Planet Bitcoin.

Go here to see the original:

Planet Bitcoin

InnocentCryptoKitty 041 IntellectualProperty JeffreyTucker AndreasAntonopoulos AdamBLevine Bitcoin – Video

Posted on by


InnocentCryptoKitty 041 IntellectualProperty JeffreyTucker AndreasAntonopoulos AdamBLevine Bitcoin
http://www.twitter.com/VanosEnigmA http://www.facebook.com/VanosEnigma http://www.twitter.com/CryptoEEV Thank you mucho meow for your donation: Bitcoin Address: 1FJ9ZZcnKqhiiYWNh...

By: VanosEnigmA Enigmaisland

Read the original:

InnocentCryptoKitty 041 IntellectualProperty JeffreyTucker AndreasAntonopoulos AdamBLevine Bitcoin - Video

Interviewing Mark Bainbridge, about minting precious metals, Bitcoin, and central banks – Video

Posted on by


Interviewing Mark Bainbridge, about minting precious metals, Bitcoin, and central banks
TheEndOfMoney Director at Gold Stackers talks to us about precious metals and the connection with crypto currencies like Bitcoin. We will release our documentary "Bitcoin: The End Of Money...

By: Torsten Hoffmann

Read more from the original source:

Interviewing Mark Bainbridge, about minting precious metals, Bitcoin, and central banks - Video

How to Buy Bitcoin from a Bitcoin ATM

Posted on by

Knowing how to buy Bitcoin from a Bitcoin ATM is a good skill to have as the digital currency goes mainstream.

Today about 82,000 merchants accept Bitcoin - more than double the number just one year ago.

As more merchants accept Bitcoin, there's a growing need to buy Bitcoin "on the go." That's why the number of Bitcoin ATMs has exploded over the past year.

At the start of 2014, there were just four Bitcoin ATMs on the entire planet. Now there are 350. Almost half of those are in North America (105 in the United States, 60 in Canada, 4 in Mexico).

And Bitcoin ATMs aren't just clustered in places like New York and San Francisco. Both of those cities do have six Bitcoin ATMs. But so does Kansas City.

You can find a Bitcoin ATM in Birmingham, Ala., as well as Boise, Idaho.

Bitcoin ATMS are turning up in bars, restaurants, and shopping malls across America.

Baltimore, where Money Morning makes its home, has one in historic Fells Point at a bar called Bad Decisions. And people are using it.

"When I first put it in here I thought it would just collect dust, but we get about three transactions per day," said Bad Decisions owner John Reusing. He installed the Bitcoin ATM at the urging of the Baltimore Bitcoin Meetup group, which gathers once a month at the bar.

Most of those who use the Bitcoin ATM at Bad Decisions do so regularly. Some buy as much as $1,000 worth of bitcoin at a time, Reusing said.

See the original post here:

How to Buy Bitcoin from a Bitcoin ATM

Shopify crypto currency integration – dopecoin – dogecoin – bitcoin – litecoin – nxt – Video

Posted on by


Shopify crypto currency integration - dopecoin - dogecoin - bitcoin - litecoin - nxt
In less than four minutes we show you how to enable crypto currency acceptance in your shopify online store. That #39;s how easy it is to integrate! Good luck. Why would you? Because it will bring...

By: Cointopay International

Original post:

Shopify crypto currency integration - dopecoin - dogecoin - bitcoin - litecoin - nxt - Video


  1. Bitcoin