Phil Blancett

29 Flips | 2 Magazines | 12 Following | @oakweb | Keep up with Phil Blancett on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Phil Blancett”

Better Bitcoin Exchanges Could Balance Out the Destruction of Mt. Gox

The key for entrepreneurs is to separate Mt. Gox's failures from Bitcoin itself.<p>To be completely honest, this is the most ridiculous Shutterstock photo we could find.<p>In what comes as absolutely no surprise to the most informed denizens of BitcoinLand, the cryptocurrency’s oldest exchange, Mt. Gox, …

Bitcoin mining the hard way: the algorithms, protocols, and bytes

This article explains Bitcoin mining in details, right down to the hex data and network traffic. If you've ever wondered what really happens in …

New York Might Be First to Regulate Bitcoin

Bit­coin may be emer­ging from a few weeks of neg­at­ive head­lines, but one of the most out­spoken fin­an­cial reg­u­lat­ors says he still sees …

Bitcoin

First Bitcoin ATMs heading to the U.S. in February

The world's first Bitcoin ATM landed in Vancouver, B.C. in October and now similar machines are headed stateside to Austin, TX and Seattle, WA. Nevada-based Robocoin, makers of the Bitcoin ATMs, announced on Tuesday that the U.S. would get its first Bitcoin machines later in February.<p>Specific …

Bitcoin

Everything You Need to Know About the Bitcoin Protocol

<i>This research is courtesy of Sander Duivestein, professional speaker and trendwatcher at VINT, the International Research Institute of Sogeti, and Patrick Savalle, founder and technical director at Mobbr crowd payments.</i><p>Bitcoin is big news again. The digital cryptocurrency is on the frontpage of …

Cyber attack on bitcoin a big warning to currency's users

NEW YORK (Reuters) - A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.<p>Some of Bitcoin enthusiast Mike Caldwell's …

Bitcoin's Legality Around The World

Last November, the U.S. Senate dove head-first into the world of Bitcoin, prompted by Security and Governmental Affairs Committee Chairman Tom Carper, a Democratic senator from Delaware who has become very interested in the digital coin. Representatives from law enforcement and financial agencies …

Google Is Looking At How It Can Use Bitcoin For Its Payments Products

The great Andy Greenberg at Forbes has the complete story.<p>A marketing manager named Jarar Malik from Pakistan decided to email the CEOs of top tech companies in the U.S. to see if they would start accepting Bitcoin.<p>He got no response from Tim Cook, Jeff Bezos, Sergey Brin, or Larry Page. He decided …

Silicon Valley

Sacramento Kings to accept Bitcoin

The Sacramento Kings announced Thursday that they will become the first professional sports franchise to accept Bitcoin virtual currency.<p>Beginning on …

US retailer TigerDirect accepts Bitcoin payments

TigerDirect.com, a significant US retailer of electronics products, announced Thursday it will accept payments made in the Bitcoin currency.<p>The move is a small but notable step in the gradual transformation of Bitcoin from an obscure digital currency into a mainstream payment mechanism. Bitcoin has …

Satoshi Square Brings Bitcoin Trading to the Streets of London

<i>Alistair Charlton attends the UK's first Satoshi Square, where bitcoin users descend on the City of London to trade the virtual currency and their</i> …

Bitcoin ATM Installations Surge in Canada

Three cities in Canada are set to have bitcoin ATMs installed in the coming weeks, making the country the top ATM location in the world. New ATMs …

Bitcoin

Bitcoin’s Future Foretold By Developer Momentum

If you think developers predict the future then there is more reason to believe that Bitcoin is the real deal. The crypto currency is a hit with developers, according to data collected on GitHub by the founders of Bitcoin Pulse, a service recently launched that tracks Bitcoin adoption.<p>Bitcoin Pulse …

Make "Instant" Hot Cocoa from Real Chocolate That's Easy to Store

If a cup of hot chocolate sounds good to you, this video from America's Test Kitchen shows you how to make your own "instant" hot chocolate from real …

The Secret to Perfect Steak: Start with Warm Meat

In our never-ending quest for steak perfection, we found one more trick to add to your cooking technique. It comes from esteemed food genius Harold …

Zynga begins testing Bitcoin payments for some online games

Zynga has begun accepting virtual currency Bitcoin as payment for virtual goods in some of its games.<p>The social-gaming company has partnered with Bitcoin payment processor BitPay to test the cryptocurrency in a handful of its Web-based games, Zynga announced late Friday in a Reddit post. Players of …

The Craziest Bitcoin Business: Making Millions Selling Money-Minting Machines

There are many surreal things about Bitcoin, the cryptomoney invented by a mysterious individual that has in just five years achieved a nearly $10 billion market cap despite, as of now, limited real world use. Like many revenue-less start-ups with astronomical valuations — I’m looking at you, …

Robocoin shipping first 2 Bitcoin ATMs to Asia this month — and will ship 45 more by March

Bitcoin ATMs are headed to Asia, and beyond.<p>Robocoin, the maker of Bitcoin ATMs, is shipping its first two units to “Bitcoin-hungry” markets in Taiwan and Hong Kong. It expects to ship eight units that dispense this hot “cryptocurrency” this month and 39 by March.<p>“The ensuing liquidity injection …

Andreessen Horowitz VC Chris Dixon Defends Bitcoin

Alex Payne, a former Twitter engineer, stirred the pot by writing a post on his personal blog that blasted Bitcoin fans and dressed down the $25 million investment led by Andreessen Horowitz into Coinbase, one of the largest Bitcoin "wallet" services in the world.<p>On Tuesday, Andreessen Horowitz's …

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FORTUNE — In September we discussed how SecondMarket had launched the first U.S.-based investment vehicle dedicated exclusively to Bitcoin, called The Bitcoin Investment Trust (beating out the Winklevii, who remain stuck in regulatory limbo). Now comes word that Fortress Investment Group (FIG) is …

Indian feds raid Bitcoin exchange as other traders suspend service

On Tuesday, the Reserve Bank of India sent out a stern warning against trade in Bitcoin and other virtual currencies, stating that the currencies were not approved by the central bank and more ominously that "the traders of VCs on such platforms are exposed to legal as well as financial risks." It …

What Happens to Dead Bitcoins?

Bitcoin watchers everywhere let out a guttural sigh of pity when they heard the story of James Howells earlier this month.<p>Howells inadvertently threw …