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Video: Roundup of This Week’s Bitcoin News 21st March 2014
Missed what's been happening in the world of digital currencies? Catch CoinDesk's three biggest headlines this week.
By Roop Gill
Updated Sep 11, 2021, 10:33 a.m. Published Mar 21, 2014, 10:00 p.m.
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Want a quick roundup of what's been happening in the world of digital currencies? Here are our three biggest headlines from this past week:
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Unusual database error causes Blockchain outage: The bitcoin data and wallet service, Blockchain.info, was down for more than a day this week. Issues started when Blockchain suspended Shared Coin transactions. The company has since moved to reassure customers that their bitcoins are safe.
KnCMiner announces first scrypt miner: KnCMiner is now accepting pre-orders for 'Titan', its first mining rig dedicated to script mining. At just under $10,000, Titan is poised to deliver a minimum speed of 100 MH/s.
Bitcoin's core developers release Version 0.9.0: Bitcoin's core developers have released the latest update to the bitcoin reference client. Version 0.9.0 includes transaction malleability-related fixes, as well as updates to how transactions are relayed on the network.
John Law's weekly roundup has been moved to Sunday.
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Coinbase misses Q4 estimates as transaction revenue falls below $1 billion
"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.
What to know:
- Crypto exchange Coinbase reported a fourth quarter earnings miss.
- Transaction revenue of $982.7 million was down from $1.046 billion the previous quarter and $1.556 billion in the fourth quarter one year ago.
- In the first quarter of 2026 through Feb. 10, the company has seen about $420 million in transaction revenue.
- Shares were modestly higher in after-hours trade, though remaining down about 40% year-to-date.
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