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gagnier for california

California Lawyer is Latest Congressional Candidate to Accept Bitcoin

gagnier for california

Christina Gagnier is the latest US Congressional candidate to accept campaign donations in bitcoin.
The Democratic candidate representing California’s 35th congressional district is a business owner and lawyer who specializes in technology and, more specifically, the Internet.
Gagnier said that several of her constituents had asked if she would begin accepting bitcoin donations, and [...]

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CIrcuit

CoinDesk Mining Roundup: Miner Meetups and Pool Pressures

CIrcuit

With just over 13 million bitcoins mined – a milestone achieved earlier this month – the mining sector is showing few, if any, signs of slowing.
In fact, the past month has shown a new level of activity and awareness in the space, particularly regarding the key issues: scalability, network share and the future [...]

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Mining shaft

$46k Spent on Bitcoin Mining Hardware: The Final Reckoning

In the two previous articles of this series, Dario Di Pardo listed the highs and lows of having spent many thousands of dollars on pre-ordered bitcoin mining hardware and then having to endure delays, poor communication and broken promises, as some of the companies failed to provide the promised equipment in time.
In this last part of the series (see one and two here), Di Pardo [...]

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gold mining

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin

gold mining

Timothy Coles is the man behind the profitable gold mine in the Yukon city of Dawson currently for sale for just over 3,200 BTC on luxury marketplace BitPremier.
With more than 30 years of experience in the gold mining industry, Coles brings a unique perspective to digital currency and the concepts that underly [...]

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gotenna

Meet the Bitcoin Fans Behind Offline Messenger goTenna

gotenna

Anyone who has been to a festival will know it’s a struggle to contact anyone using your phone.
With tens or hundreds of thousands of people trying to send texts or make calls, local networks are quickly flooded and become all but useless.
New York startup goTenna thinks it has the solution for situations like [...]

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mexico city

The Case for Merging Mexico’s Peso With Block Chain Technology

mexico city

A developing plan in Mexico to create a digital peso could demonstrate the potential of bitcoin technology to the rest of the world, if it’s successful.
After all, digitizing the currency would be just one part of a greater endeavor to adopt block chain technology into what the project’s leader hopes might become a more [...]

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charles allen, bitcoin shop

Bitcoin Shop CEO: We Plan to Be a Universal Bitcoin Solution

Charles Allen is the CEO of Bitcoin Shop, a publicly traded US bitcoin company that leverages Amazon’s affiliate program to sell a wide selection of e-commerce products for bitcoin, litecoin and dogecoin.
Bitcoin Shop is now seeking to expand its industry goals, recently making strategic investments in key partners, including California-based bitcoin buying service expresscoin and digital currency processor GoCoin, [...]

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Credit: digitaltrends.com

8 Dumb (and Visionary) Things People Said About the Internet

Bitcoin is often likened to the Internet, and arguably for good reason. The currency is a new, permissionless technology, championed by a small group of computer experts that say it will change the world in ways we can’t yet even imagine. That’s just how people talked about the Internet in the early nineties.
However, as with bitcoin, the hype has been accompanied by [...]

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huobi, TNABC

Huobi: Regulated US Bitcoin Market Key to Our Expansion

huobi, TNABC
Known as one of China’s ‘big three’ exchanges, Beijing-based Huobi experienced a meteoric rise to the top tier of China’s bitcoin industry last year, emerging from relative obscurity to become a market leader with more than 100 employees.
Since that early success, Huobi, like other China-based exchanges, has struggled to control its [...]

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Screen Shot 2014-07-25 at 10.33.16 AM

Celery Launches Consumer-Friendly Bitcoin and Dogecoin Buying Service

Screen Shot 2014-07-25 at 10.33.16 AM
Multi-exchange trading platform provider BTX Trader has officially launched Celery, a new product that aims to position the company to expand its market beyond institutional traders to everyday US consumers.
Celery will offer bitcoin and dogecoin buying, boasting what the company says is a more carefully calibrated user [...]

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coinye-1250

Kanye West Sues Coinye Altcoin into Oblivion

coinye-1250

Rapper Kanye West has managed to kill an altcoin named in his honour, six months after it was launched by a team of developers.
Called Coinye West, the altcoin was subsequently renamed Coinye in an attempt to continue its business activities even in the face of legal pressure.
The developers envisioned Coinye as a fun [...]

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Flag

Ecuador Bans Bitcoin, Plans Own Digital Money

Flag

The National Assembly of Ecuador has effectively banned bitcoin and decentralized digital currencies while establishing guidelines for the creation of a new, state-run currency.
With 91 votes in favor of the amendments to the country’s existing monetary and financial laws, the National Assembly approved a bill that now goes to President Rafael Correa for [...]

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AirBaltic Waives Controversial Bitcoin Transaction Fee

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stock trading

OKCoin Denies Manipulating Bitcoin Trading Volumes

stock trading

The issue of trade volume authenticity on Chinese exchanges has surfaced again, with one user accusing the country’s busiest exchange OKCoin of manipulating volumes after bitcoin statistics sites displayed a sharp drop in a short period.
Chinese exchanges including OKCoin have been accused in the past of artificially inflating their trade volumes and even [...]

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Vienna - Austria

Austria Offers ‘Contradictory’ Guidance on Bitcoin’s Financial Status

Vienna - Austria

Two Austrian cabinet ministers have given guidance on bitcoin’s status as a financial instrument and tax treatment by answering parliamentary questions submitted by a member of the legislature.
Perhaps most notably, the federal minister for finance and vice chancellor, Michael Spindelegger, reiterated that bitcoin is not a financial instrument (that is, a tradable asset), echoing [...]

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coincongressday2feat

Coin Congress Day 2: Bitcoin Industry Bullish in Face of Obstacles

coincongressday2feat
The second day of Coin Congress in San Francisco focused less on recent US regulatory developments, instead placing a heightened emphasis on the promise of bitcoin’s underlying technology.
Held at the Union Square Hilton this week, the event featured a variety of speakers and panels. Experts offered unique perspectives on the bitcoin and cryptocurrency economy, and [...]

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Gallery: Bitcoin Community Spirit Shines at TNABC Chicago

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High-Performance PC Maker Alienware Adds Bitcoin Payments

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Barry Silbert Resigns SecondMarket CEO Position

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poll, chart

Bitcoin Price Drops Below $600 After Relative Stability

poll, chart

The last two months have seen no shortage of positive bitcoin news.
DISH became the latest big retailer to accept bitcoin in June, only to be eclipsed six weeks later by Dell. Then, there was the successful US Marshals auction of roughly 30,000 BTC, which proved bitcoin’s fungibility in the eyes of the [...]

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New York

Beyond New York: What Lies Ahead for Bitcoin

New York
According to the proposed 17th July bitcoin regulation from New York State, the public now has 45 days to comment and then a 45-day grace period prior to full adoption. But what’s after 17th October? More importantly, what’s after New York?
The poor regulators are in a quandary. It’s hard not to [...]

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Trading chart

Coinsetter Exits Beta to Target Institutional Traders

Trading chart

New York-based bitcoin exchange Coinsetter has officially exited beta, ending the trial stage of its product that began in November of last year.
To promote the launch, Coinsetter is lowering exchange commission fees to 0.10% for most active users, down from 0.25-0.50%. Furthermore, the exchange now offers both email and live phone support.
Speaking [...]

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Alex Bowman NASCAR

Crowdfunding Campaign Aims to Promote Bitcoin at NASCAR

Alex Bowman NASCAR

Following the dogecoin community’s sponsorship of NASCAR driver Josh Wise at Telledega, bitcoin may soon boast its own promotional racer in the iconic US series.
Rookie driver Alex Bowman and his team, BK Racing, have announced their involvement in a crowdfunding campaign called ‘Bitcoin23’ that aims to bring a bitcoin-themed car to the NASCAR Sprint Cup.
The campaign [...]

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stock-exchange-1250px-shutterstock

DigitalBTC Reports Early Success on Australian Securities Exchange

stock-exchange-1250px-shutterstock

Australian bitcoin firm DigitalBTC has reported its quarterly earnings, the first since the company went through a reverse takeover and re-listing on the Australian Securities Exchange (ASX).
The company reported positive cash flow from bitcoin mining activities and bitcoin liquidity propositions, adding that it has already managed to recoup investments in its mining operations. In addition [...]

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coincongressfeat

Coin Congress Day 1: Debate Over New York Regulation Rages On

coincongressfeat
Day one of Coin Congress, held at the Hilton Hotel Union Square in San Francisco, brought together familiar faces from the cryptocurrency industry to offer new perspectives and teachable moments on a variety of hot topics.
However, as at last weekend’s The North American Bitcoin Conference in Chicago, here too discussion related to the [...]

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Auction of Bitcoins.com Domain Name Halted By US Court

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volabit

Barry Silbert Leads $250,000 Investment in Mexican Bitcoin Exchange Volabit

volabit
Mexico-based bitcoin exchange Volabit has received $250,000 in new funding, an amount the company says will be used to further establish itself in the digital currency market.
The capital comes from Bitcoin Opportunity Corp, a investment vehicle headed by SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Speaking to CoinDesk, Silbert said that he is confident Volabit [...]

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perianne boring, Chamber of digital commerce

Perianne Boring: Regulators Will Decide Bitcoin’s Fate Within 18 Months

perianne boring, Chamber of digital commerce
The North American Bitcoin Conference (TNABC) kicked off this weekend with the surprise launch of the Chamber of Digital Commerce (CDC), a new lobbying group that aims to advocate for smart bitcoin regulation in Washington, DC through a three-part strategy combining government relations, media education and grassroots [...]

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france-paris

ZipZap Expands Bitcoin Buying Service to 34 European Countries

france-paris

Transaction network ZipZap has announced that consumers across 34 European countries will soon have access to its cash-to-bitcoin services.
The company says consumers will be able to use its platform to purchase digital currency, pay bills for their relatives in other countries, alongside a host of other services. ZipZap offers free sign up, free wallet and [...]

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Screen Shot 2014-07-23 at 2.07.16 PM

World’s First Airline to Accept Bitcoin Misses a Big Opportunity

Neil Murray is an entrepreneur and writer involved in the Nordic and European startup scene. He runs The Nordic Web, a content and data provider, alongside VIP VoIP, an event series which connects local startup ecosystems with global tech players. Here, he discusses the perks of bitcoin as both a marketing tool and a cheaper transaction method.
”Screen

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quickbooks, intuit

Bitcoin Sign-Ups for Intuit QuickBooks ‘Higher than Expected’

quickbooks, intuit

While bitcoin’s headlines are often dominated by large merchants like Dell, DISH and Overstock, broader business adoption of the technology as a payments solution may be more arguably influenced by the various platform providers serving the space.
Companies like e-commerce enabler Shopify and more recently financial software specialist Intuit, for example, now allow [...]

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Wall Street

6 New Hedge Funds Seeking Bitcoin Returns

Wall Street

It’s been a bumper year for bitcoin hedge funds. While the entry of big money from Wall Street into the bitcoin markets is discussed with equal measures of glee and rage in the community, some big-money financiers are already making moves in the cryptocurrency markets.
We’re not talking about Barry Silbert’s Bitcoin Investment Trust or the Winklevoss twins’ bitcoin index fund. No, there’s a new class of funds running [...]

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Ether Sale - Ethereum

Ethereum Launches Own ‘Ether’ Coin, With Millions Already Sold

Yesterday, at midnight (CEST), Ethereum launched the presale of its much-anticipated, platform-specific altcoin, ether.
The surprise announcement caused something of a stir in the community and the response has been extremely positive, with over seven million ether (ETH) sold after approximately 12 hours.
Ether Sale - Ethereum
Switzerland-based Ethereum and The Ethereum Project have made headlines this past year as [...]

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Roger Ver speaks to the Japanese media outside court

Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology

Roger Ver speaks to the Japanese media outside courtRoger Ver speaks to the Japanese media outside court
Today’s long-anticipated meeting between Mt. Gox bankruptcy trustee Nobuaki Kobayashi and creditors from the defunct exchange provided several revelations, but left many questions unanswered.
At the Tokyo meeting Kobayashi disclosed that he would consider distributing its bitcoins in BTC over [...]

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computer, yen

Japan’s BitFlyer Raises $1.6 Million for Bitcoin Exchange Expansion

computer, yen

A former Goldman Sachs employee has raised $1.6m in funding to power a new Japan-based bitcoin exchange, according to Bloomberg Businessweek. 
Called bitFlyer, the exchange aspires to recapture the market position vacated by Mt. Gox, the Japan-based exchange that was once the ecosystem’s largest trading platform. BitFlyer is seeking additional capital from overseas VCs and [...]

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tel aviv

Israeli Bitcoin Conference Postponed Due to Gaza Crisis

tel aviv

The Inside Bitcoins conference in Tel Aviv has been postponed due to logistical problems resulting from the ongoing military action in the Gaza Strip between the Israeli military and Hamas.
The postponement stems from the cancelation of international flights to Israel in response to rocket attacks launched against Ben-Gurion International Airport in Tel [...]

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Changpeng Zhao

OKCoin Wants to Rule the International Bitcoin Exchange Market

Changpeng Zhao is chief technology officer at OKCoin, a China-based bitcoin and litecoin exchange that is now seeking to extend its services to the international market.
OKCoin is one of the largest exchanges in the world by exchange volume, according to data from Bitcoinity, and boasts more than 90 employees. The company raised $10m in Series A funding in March [...]

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winklevoss

WinkDex Bitcoin Price Index Launches Developer API

winklevoss

WinkDex, the bitcoin price index created by bitcoin investors and entrepreneurs Cameron and Tyler Winklevoss, has launched a new API for developers.
As first reported by Fortune, the WinkDex API was made available today. The API page on the index’s website outlines key information, as well as suggestions for application development.
Cameron Winklevoss told Fortune [...]

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iPhone

Gliph iOS Messaging App Reinstates Bitcoin Functionality

iPhone

Privacy-focused messaging app Gliph once again supports bitcoin functionality in its newest iOS release. The announcement follows Apple’s recent reversal of its ban on bitcoin apps, which meant Gliph was forced to disable bitcoin sending late last year.
Now, with its latest version and the revised set of rules from Apple, Gliph is promoting itself as one of the easiest ways [...]

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Hailo founders

Hailo CEO: Bitcoin Could Benefit Our Customers and Taxi Drivers

 
Hailo foundersHailo founders, with CEO Jay Bergman at centre
Taxi app Hailo is “actively” looking into allowing its customers to pay with bitcoin, according to company CEO Jay Bergman.
The company, which lets users hail taxis via its own app, could even allow bitcoin to be sent directly to drivers, he said in an interview with [...]

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Banks

The Real Reason Banks Don’t Like Bitcoin

Banks

Banks are reluctant to work with bitcoin, that fact has been well known in the community for some time. Until now, though, few concrete reasons have been given as to why.
New statements from a senior banking practitioner in Australia working in anti-money laundering (AML) and counter-terrorism financing (CTF), compliance could go some way [...]

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stripebtcpayments

Stripe: Bitcoin Has Future in Global Payments if Issues Solved

stripebtcpayments

San Francicso-based Stripe, a company that offers API-based payment systems, has published a blog post examining how it sees the market for bitcoin developing.
Titled “Bitcoin: The Stripe Perspective”, the article examines what it may take for mainstream consumer adoption to ignite for digital currency.
The blog explores bitcoin’s possible use as a tool against high-inflation currencies, among [...]

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smartcontracts

Ripple Labs Unveils Proposal for New Smart Contract System

smartcontracts

San Francisco-based Ripple Labs, a startup focused on building payment and digital assets networks, has unveiled a comprehensive plan for the development of a new smart contract system.
Called Codius, the proposed system will be programming language agnostic and will be able to work with existing monetary and contractual systems.
There are a few projects in [...]

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dell

Dell: Bitcoin Aligns Our Brand With Innovation

dell

Texas-based computer technology giant Dell became the largest merchant to join the bitcoin ecosystem late last week when it announced a partnership with Coinbase and launched a 10% discount for bitcoin customers.
The news was greeted with applause by the bitcoin ecosystem and proliferated widely through the mainstream media given Dell’s strong brand recognition [...]

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shutterstock_183097202

BTC China Launches USD, HKD Bitcoin Trading Accounts

shutterstock_183097202

Shanghai-based bitcoin and litecoin exchange BTC China has announced the launch of USD and HKD deposits and withdrawals, becoming the latest China-based exchange to publicly extend its services to the international community.
The news follows Beijing-based OKCoin’s announcement at The North American Bitcoin Conference (TNABC) that it would be adding USD deposits this week as [...]

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airbaltic

Latvia’s airBaltic Now Accepts Bitcoin for Flight Bookings

airbaltic
Latvian airline airBaltic may be the first to accept payments in bitcoin, according to a Twitter post issued by the company.
Although no formal press release was made, airBaltic’s website quietly began displaying the offering on 17th July. The company later acknowledged the decision when Twitter user Club Alpaca asked the company to confirm the news today.
A [...]

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yuan, dollars

Bitcoin Exchange OKCoin to Launch USD Deposits and Withdrawals

yuan, dollars

Beijing-based bitcoin exchange provider OKCoin has announced its latest strategic bid to move beyond Asia’s markets and serve the global bitcoin community by announcing the planned launch of its new international exchange website.
The move will find the China-based company accepting USD deposits and processing USD withdrawals via OKCoin.com. OKCoin will also host servers [...]

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circle.com

Circle’s Bitcoin Banking Platform is Savvy Bid for Mainstream Market

circle.com
Circle Internet Financial lifted the veil on its introductory product last week, providing CoinDesk with an extensive preview of what Circle.com will offer to the general market when it moves out of invite-only testing and past version one of its core offering.
The company revealed the first hints about what was to become Circle.com in March and, [...]

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Isle of Man

Isle of Man Clarifies Regulation for Digital Currency Businesses

Isle of Man

The Isle of Man Financial Supervision Commission (FSC) has clarified the application of existing regulations on bitcoin.
The FSC indicates that digital currency businesses will not be subject to a conduct of business or prudential regime by the commission unless they engage in activities regulated under the Financial Services Act of 2008, such [...]

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fred-wilson

Investor Fred Wilson: Security and Hoarding Are Holding Back Bitcoin

fred-wilson

Venture Capitalist Fred Wilson is a self-proclaimed bitcoin believer, but when speaking at New York University recently he highlighted some of the negative aspects of the digital currency, which he said, are holding it back from widespread adoption.
Currently, security, practicality and problems related to speculation and hoarding are the biggest issues facing bitcoin, he said at an event sponsored [...]

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