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Blockchain Releases New Android Wallet App To Put Bitcoin Into Everyone's Hands

Popular bitcoin wallet provider Blockchain.info is releasing a major new version of its Android app, allowing you to store, receive and send bitcoins directly from your Android phone. The key thinking behind the update is to make bitcoin more accessible. It hides the complexity of the protocol in order to encourage mainstream user adoption.

If you want to send bitcoins to someone, you can just browse your address book and tap on someone's name. After that, there are two possibilities. If this...

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Related topics : bitcoin wallet android app / android bitcoin wallet blockchain / get a bitcoin wallet address

Google Adds Bitcoin Price Conversions

One fun Google trick is the ability to type in "5 Euro in USD" and get an acceptably accurate currency conversion in a few seconds. Now, however, you can get your BTC on by simply typing "price of bitcoin" or "X bitcoin to euro." The feature rolled out yesterday as a reaction to Bing's addition of BTC pricing in that search engine.

According to bitcoin news site Coindesk, Google partnered with Coinbase to support BTC conversions.

The ability to use BTC in queries follows Google Finance's...

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Related topics : btc bitcoin price / bitcoin price euro coinbase / bitcoin price yesterday / bitcoin coindesk price / bitcoin price change

IBM and JP Morgan Partner To Create Open Source Blockchain-Like Software

In December, some well-known tech and finance companies -- including Wells Fargo, Microsoft, JP Morgan and IBM -- revealed a new open source software called Hyperledger based on the blockchain. Blockchain is the online log that tracks bitcoin digital currency. This project seeks to construct similar software that to track the exchange of financial assets such as stocks, bonds, futures, and titles in a similarly reliable and efficient manner. IBM research director, Arvind Krishna, says,...

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Related topics : bitcoin open source software / bitcoin digital currency project / bitcoin blockchain tracking

Dell Now Accepts Bitcoin For All Online U.S. Purchases

Dell now accepts bitcoin in the United States for online purchases of its products. Overstock.com and online technology marketplace TigerDirect also accept the crypto currency. The price of bitcoin, long a driver of media and public interest in the stuff, has been quieter lately, leading to less commotion. Trade volume of the currency has been essentially flat in recent months, which could be a troubling indicator that it isn't seeing widening...

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Related topics : accept bitcoin online / purchase bitcoin online / bitcoins online currency / bitcoin price online

Android-based Bitcoin digital wallets vulnerable to theft

Android-based Bitcoin digital wallets vulnerable to theft

Bitcoin developers warned a critical weakness in random numbers generators in Android leaves digital wallets on the mobile platform vulnerable to theft.

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Japan Wants To Introduce A New Form Of Digital Currency

You’ve heard of bitcoin. It’s the J Coin, a special kind of currency Japan’s banks are planning to launch in a bid to help citizens stop using so much cash. A group of banks headed by Mizuho Financial Group and Japan Post Bank is looking to bring the J Coin into reality, a digital currency that can be used to pay for things and to transfer money to others with the press of a button via smartphone. There’s heavy concern from Japanese banks about how Alibaba’s Alipay could be sending...

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Related topics : bitcoin digital currency

Bitcoin.com Is Now An Educational Page For BTC Noobs

In an interesting move, the owner of Bitcoin.com has moved the domain to point to a special bitcoin landing page that features access to some very basic Bitcoin tools and informational sources powered by Blockchain.info. Bitcoin.com previously pointed to a landing page run by Coinbase. The first link goes to Blockchain.info's own wallet service while the second link goes to Zeroblock, an informational page that shows the current BTC price and some basic news. Finally, the last link shows a...

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Related topics : bitcoin landing page

The Naughty And Nice Places To Spend Your Bitcoin

Bitcoin is a decentralized, anonymous electronic currency that first came into being in 2009. It's still not clear how far Bitcoin can go in establishing itself in the mainstream economy, but there are quite a few large and small businesses accepting Bitcoin as a means to purchase goods and services. You can use the cryptocoin to buy produce at a farmers market, security services from major internet companies, as well as drugs and weapons from your favorite online black market. The list of...

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Related topics : electronic currency bitcoin