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This week, he hopes to mine the genesis block for mazacoin, an altcoin for the native American nation in the US. Specifically designed for the Traditional Lakota Nation, mazacoin is initially being targeted at the Oglala Lakota Nation, which is Harris' own tribe.

The charges are: knowingly selling bitcoin to Silk Road people for nefarious use, operating an unlicensed currency transmission agency, and not telling the plods that bad things were afoot.

Blockchain 101 - CoinDesk "The practical consequence [is] for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate."

Jan 29, 2014 at 07:07 UTCUpdated Jan 29, 2014 at 14:53 UTC. Canadian digital currency exchange Vault of Satoshi will announce a plethora of new features today, including more verification options, coin-to-coin trading, and support for several new coins.

Posts on China's premier social network Weibo have suggested that some of the country's largest bitcoin exchanges are manipulating trading volumes to gain more customers and rise through the ranks of the world's most popular exchanges.

The brainchild of Nick Gogerty, principal at Thoughtful Capital Group and self-proclaimed "Deep finance geek", solarcoin is designed to reward people for producing energy via photovoltaic solar panels.

As a result, the company is now able to accept bank wires from US bank accounts.

Hearn's reaction echoes others who have seen the block chain improvements proposed in a new paper by noted bitcoin developer Peter Todd, based on input from: Gregory Maxwell, Adam Back and Amir Taaki.

Jan 7, 2014 at 17:05 UTCUpdated Jan 8, 2014 at 12:10 UTC. Taobao, China's largest online marketplace, will ban the sale of all cryptocurrencies, mining equipment and mining tutorials from 14th Jan, it said in a statement released today.

In the age of NSA spying, we understand the difficulty in finding secure channels - but the question is, why be anonymous at all?

The alternative cryptocurrency, created in October 2011 with a few tweaks to the Bitcoin protocol, has seen its value rise and fall in lockstep with bitcoin's.

Nov 29, 2013 at 13:10 UTCUpdated Dec 3, 2013 at 15:39 UTC. Consumers in China can now purchase smartphones with bitcoin from a major carrier, after a local division of China Telecom announced a promotional offer for new Samsung phones this week.

Nov 27, 2013 at 1:25 p.m. UTCUpdated Dec 19, 2013 at 3:10 p.m. UTC. Digital currency exchange mcxNOW has announced it will suspend trading for the next few months, due to overwhelming support requests.

Nov 22, 2013 at 10:41 a.m. UTCUpdated Nov 24, 2013 at 4:14 p.m. UTC. Irish company Cryptoauction is aiming to become the new eBay of bitcoin.

At 17:00 GMT on 7th November, alt-currency litecoin reached its first $100m market cap milestone with approximately 23m litecoins in circulation, trading at a high of $4.40.

Bitcoin's price keeps going up, and nobody knows quite why.

A local face-to-face peercoin exchange is also launching, and efforts are been made to get specialist event organizers to use peercoin as their official currency.

Bitcoin expert J. R. Willet is looking to transform not just Bitcoin, but the cryptocurrency world.