startups


Finance

Bitcoin gambler cheats SatoshiDice competitor Just-Dice out of 1,300 BTC

A user of betting site Just-Dice gained 1,300 BTC when he took advantage of a human error.

Storm Trooper with dice

Markets

Bitcoin company acquisitions begin: Gambling site SatoshiDice sells for $11.5 Million (126,315 BTC)

Blockchain-based betting game SatoshiDice has been sold for 126,315 BTC, which is currently worth around $11.5 million.

satoshi-dice-sold-2

Markets

BitInstant temporarily shuts down service to work on next upgrade

BitInstant, the international bitcoin payment processor, has temporarily shut while the next version of the service is worked on.

bitinstant-awol

Markets

Coinbase opens instant bitcoin transfers for verified customers

The bitcoin wallet platform, CoinBase, has now enabled instant bitcoin purchases. Users will have to undergo identity verification.

Coinbase-fast-payments

Markets

Merchant-friendly payments: less than perfect, but better than before

Bitcoin is due for an overhaul of its payment mechanism to make it more merchant-friendly.

payment

Markets

Germany's Bitcoin.de and Fidor Bank AG form partnership

German bitcoin marketplace bitcoin.de and Fidor Bank AG have formed a large-scale partnership.

german-flag

Tech

New company Krater offers rigs built with Avalon ASICs either from its stock or yours

Krater is offering a clone of the Avalon ASIC mining rig that contains up to 320 chips.

kraterminer

Tech

CoinMade is a new bitcoin merchant directory by the CoinJar team

The team behind CoinJar have launched a community site, CoinMade, listing merchants who accept bitcoin as payment.

directory

Markets

Jon Matonis named Bitcoin Foundation's new executive director

Jon Matonis has been named as the new executive director of the Bitcoin Foundation, taking over from Peter Vessenes.

Jon-Matonis-2

Markets

Physical bitcoin producer Bitbill applies for cold storage patent

A patent for storing digital currency such as bitcoin in a physical token has been filed by Bitbill founder Douglas Feigelson.

Bitbills