Micro transactions or Bitcoin Dust Dust transactions are bitcoin transfers which deliver very tiny amounts of bitcoin to their receiver. These micro transactions are considered as uneconomic dust. Bitcoins are divisible Bitcoins are divisible up to eight decimal points with the lowest value known as a satoshi. This is […]
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Vircurex halts withdrawals and freezes accounts Beijing-based Bitcoin and altcoin exchange Vircurex has made an announcement that they have stopped withdrawals for Bitcoin (BTC), Litecoin (LTC), Feathercoin (FTC) and Terracoin (TRC). All incoming deposits will also not be credited at the time being. On March 24th the exchange will freeze
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US lawyers not convinced with MtGox wallet discovery Tokyo-based now-defunct exchange MtGox announced yesterday that it has found an old format Bitcoin wallet containing 200,000 Bitcoins ($111 million at press time) presumably lost due to a security flaw in their software. This amounts to roughly 23 percent of total Bitcoins
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BTC-e allows fund withdrawals to Visa or MasterCard from any country BTC-e has just announced on their site that they are allowing withdrawal of funds to Visa and MasterCard issued debit and credit cards with immediate effect. The news update indicated that the new withdrawal option would be available
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MtGox still in possession of 200,000 Bitcoins Troubled and now-defunct Japan-based exchange MtGox released a PDF in Japanese and English indicating that 200,000 Bitcoins were recovered. The 200,000 Bitcoins would roughly sum to around 23 percent of the total fund presumably lost by the company as claimed in their
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Alpha Technology upped the ante for scrypt ASIC Not long after KnCMiner’s announcement of its scrypt ASIC machine named the Titan, their competitor Alpha Technology does not waste much time to up the ante. Alpha Technology have some good news for both existing and new customers of their Viper
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Coinbase hires Facebook’s Security Manager Ryan McGeehan San Francisco-based Coinbase has brought Facebook’s security director, Ryan McGeehan on board to beef up its security. With the recent MtGox disaster that has lost investors 750,000 Bitcoins worth hundreds of millions of dollars apparently due to malleability related theft, Coinbase has
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KnCMiner’s first Scrypt ASIC mining rig, Titan is ready for preorder KnCMiner has started to accept preorder for its first ASIC machine dedicated for scrypt mining. The mining rig which is known as Titan will have an exterior that is based on the company’s existing Jupiter form factor. Inside
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Huobi exchange in China starts Litecoin trading on 19th March With Huobi getting ready to accept Litecoin on 19th March, the price of Litecoin took a sudden leap on BTC-e today. A company user survey has shown that there is an estimation of 20 percent of Bitcoin investors in
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MtGox login page is back and let users check their Bitcoin balance Now defunct Bitcoin exchange MtGox updated their website earlier today and let users login to check their wallet’s balance. But that’s apparently all the troubled digital wallet service will allow for now. The login form is also
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