• Banks must start offering cryptocurrency wallets before they get left behind, argues guest writer Bijan Shahrokhi at Venturebeat.   Surge in Price Results in Investor Interest Shahrokhi, senior product manager in the financial industry, and previously the co-founder and CEO of Virtual Next, has a few suggestions as to why banks should adopt cryptocurrency wallets. With the current surge in cryptocurrencies’ value, they are quickly becoming a new global market for assets and banks are being left in the dust.

    4 Reasons Why Banks Should Provide Bitcoin Wallets

    | 2017/06/20 11:00 am
  • Telecommunications giant AT&T was recently awarded a patent for a Bitcoin-based “Decentralized and distributed secure home subscriber server device.” AT&T’s Bitcoin-Based Subscriber Server In the midst of the current Bitcoin frenzy, where regular users and traditional investors are looking at it as a safe haven investment or a cheaper payment method, some companies are realizing the value in its underlying technology and the applications that can be built on it. This is the case with telecommunications

    AT&T Patents Bitcoin-Based Subscriber Server

    | 2017/06/08 8:00 am
  • UK’s most popular investment platform, Hargreaves Lansdown, will soon allow its clients to invest in Bitcoin. Hargreaves Lansdown Hargreaves Lansdown, the administer £70bn of investor money with 876,000 clients, has announced it will allow customers access to invest in Bitcoin. “By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to bitcoin in the UK and greater Europe,”  Ryan Radloff, XBT’s head of investor relations told the Telegraph. This follows the recent

    UK’s Most Popular Investment Platform to Offer Bitcoin

    | 2017/06/01 8:30 am
  • Though a Bitcoin scaling agreement was reached at the recent Consensus conference in New York, many companies are increasingly supporting a User-Activated Soft Fork (UASF)  as a means to activate SegWit. UASF Still on the Table Although reports have stated that the Bitcoin scaling debate may be coming to an end due to what has been known as the ‘Barry Silbert Agreement,’ recent developments indicate that it may still be far from over, leaving other options like the

    UASF Continues to Gain Support as ‘Secret’ SegWit2x Roadmap Revealed

    | 2017/05/30 10:30 am
  • Entrepreneur and cryptocurrency fund creator Barry Silbert has concluded the community is behind SegWit after canvassing businesses and miners. Silbert SegWit Support Echoes Coin Dance In a series of Twitter posts, Silbert announced he had at least 50 businesses who had “signed on” to his preferred Bitcoin scaling solution – SegWit with a block size increase to 2 megabytes within 12 months. This was followed by almost 80% of network hashrate coming from miners who

    Barry Silbert’s ‘Compromise’ to Scale Bitcoin Nets 80% Hashrate Support

    | 2017/05/18 2:00 pm
  • Bitstamp and Poloniex have reported a surge in new users as cryptocurrency prices and press coverage pique mainstream interest. Poloniex: Users Up 600%, Transactions 640% in 4 Months Poloniex, commonly considered the go-to resource for crypto-to-crypto trading, released data showing a 600% increase in user numbers, while first-time traders caused Bitstamp to warn about delays to support response times. “As digital currencies continue to gain in popularity, the increase in the number of new traders

    Bitcoin Boom: Poloniex, Bitstamp Stretched Thin Amid 600% User Surge

    | 2017/05/17 4:00 pm
  • Airbitz has partnered with Sphre to secure their Blockchain-Based Identity Management Platform, AIR. Airbitz Partners with Blockchain-Based Identity Firm Sphre, a blockchain-based identity management firm, announced their partnership with Airbitz, one of the most popular mobile Bitcoin wallets and a data security platform with over 140,000 users. Airbitz has been working on its Edge Security Platform since the company’s inception, focusing on providing a secure and easy-to-use solution for decentralized blockchain projects and dApps as a means enhance

    Blockchain-Based Identity Management Will Soon Be a Reality

    | 2017/05/16 6:00 am
  • Bitcoin entrepreneur Charlie Shrem shared his views on the scaling debate, stating that “it’s not about technology anymore, it’s about power.” Shrem: ‘It’s About Power’ Charlie Shrem, Bitcoin entrepreneur and co-founder of Intellysis, was present in today’s episode of the  Double Down show, dubbed “Does Block Size Matter?” with the usual hosts Max Keiser and Stacy Herbert. During the show, Shrem expressed his thoughts regarding the current state of the scaling debate or as Herbert called

    Charlie Shrem: ‘It’s Not About The Technology Anymore, It’s About Power’

    | 2017/04/25 9:00 am
  • The total market capitalization of all cryptocurrencies has not only broken the $30 billion dollar mark for the first time ever, but is growing at an accelerating pace. Crypto Cracks $30 Billion Market Cap & Counting It looks like Coinmarketcap website will need a bigger chart as cryptocurrencies are now above the $30 billion dollar market capitalization line. This is indeed a big milestone for cryptocurrencies in general, which are now growing at the fastest

    Cryptocurrency Market Cap Hits an All-Time High $30 Billion

    | 2017/04/25 4:30 am
  • In a troubled economy, more and more Venezuelans are turning to Bitcoin mining despite risk of arrest by police for theft of electricity. Bitcoin as an Exit in Venezuela In 2005, when Randy Brito and his family fled Venezuela, he was only 14. The country’s economy was booming, but many middle class families such as Brito’s chose to leave the country because of widespread nationalizations of private enterprises. Brito moved to Spain with his family and

    Despite Risk of Arrest, Venezuelans are Turning to Bitcoin Mining

    | 2017/04/24 3:00 pm
  • Bitcoinist spoke with Landry Ntahe, head of operations at BCB ATM, a London-based Bitcoin ATM startup that currently holds the number two position by market share in the UK.  UK Bitcoin ATM Scene Today, BCB ATM has 16% of the Bitcoin ATM market share in the UK with seven locations in London where their Lamassu machines can be found. With an aggressive strategy of expansion to other UK cities and beyond, it’s planning to take over

    How One London Startup Plans to Conquer the Bitcoin ATM Industry

    | 2017/04/22 10:30 am
  • Bitcoin price now appears to be shrugging off politics that have split the community as it looks to test the critical $1,300 mark yet again. Key Resistance Level at $1,300 BTC price is again coming within striking distance of the critical $1,300 mark, currently sitting at $1,250 at press time.  Back on March 6, Bitcoin set the all-time closing high of $1,277 with a record-high spike of around $1,330 a few days later fueled by ETF hype before crashing

    7 Reasons Why BTC Price is Now Climbing to $1300

    | 2017/04/21 9:00 am
  • Bitcoin is gaining a lot traction in India. Bitcoinist spoke with Sunny Ray, co-founder of India’s Bitcoin exchange UnoCoin, to better understand what is fueling this growing trend in the country. Bitcoin Goes Mainstream in India Bitcoin is going places. After conquering China and catapulting it to the front line of Bitcoin’s trading and mining sector, it is now starting to get traction in other countries like Japan and South Korea. Now, Bitcoin is also showing signs of a

    Bitcoin is Booming in India as ‘Digital Gold’ Among Other Underlying Benefits

    | 2017/04/17 8:30 am
  • The latest data from Bitcoin remittance app Bitwala reveals a growing trend in Bitcoin adoption among citizens of developing countries. ‘Steep Adoption Rate’ Bitwala, a Bitcoin-based remittance app, shared some user statistics in its blog post yesterday in which we can see that Bitcoin is becoming increasingly popular in certain developing countries. The blog post reveals a “steep adoption rate” in developing countries both from Africa and Asia, the two continents with the highest number of unbanked citizens. Bitwala reveals that,

    Bitwala Sees ‘Steep’ Bitcoin Adoption in Developing Countries

    | 2017/04/13 8:30 am
  • While Bitcoin Unlimited is gaining traction among miners, only a handful of Bitcoin companies are in favor of its bigger block and Emergent Consensus proposal. Breakdown by Company The scaling debate in which two predominant Bitcoin improvement proposals, SegWit and Bitcoin Unlimited, are competing for miners’ support is becoming more and more intense. As the debate escalates, supporters from both sides are now threatening to push for user activated forks (both soft and hard). While

    These 27 Companies Support Bitcoin Unlimited, 44 Oppose

    | 2017/04/05 12:00 pm
  • Bitcoin payments may be accepted at over 260,000 stores in Japan by this summer following partnerships between the country’s Bitcoin exchanges and major retailers. Bic Camera to Trial Bitcoin Payments Japanese electronics chain Bic Camera has partnered with Tokyo-based bitFlyer, which runs the country’s largest bitcoin exchange that currently comprises about 10% of the Bitcoin market. This Friday, Bic Camera’s flagship shop in Tokyo’s Yurakucho district along with Bicqlo Bic Camera, a hybrid outlet with Uniqlo, will

    Japan: Bitcoin Payments Could See 260,000 Stores by Summer

    | 2017/04/05 5:00 am
  • Ukraine’s Bitcoin investment figures have shot up 500% in a single year, according to Bitcoin Ukraine founder Andrey Dubetskiy. Dubetskiy: Growth Reasons ‘Same Throughout The World’ The figures, which Dubetskiy revealed in comments to local news resource Payspace, represent growth from 500,000 hryvnia ($18,400) to 2.5 million ($92,000) hryvnia per week through 2016. “The reasons behind the growth are the same as those throughout the world,” he told the publication. Specifically, distrust of national currencies,

    Ukraine Sees Bitcoin Investments Up 500% in 12 Months

    | 2017/04/04 2:00 pm
  • According to IndieSquare Co-founder Koji Higashi, new regulations in Japan, which will make Bitcoin an official form of payment (starting today April 1), may do more harm than good for the fledgling industry in the country. Japan to Introduce Own ‘Bitlicense’ Following the disastrous demise of the infamous Japanese exchange, Mt. Gox and the arrest of its CEO Mark Karpelès, regulators in the country decided to introduce regulations for Bitcoin. The regulatory framework has been in the works for over

    Japan’s New Bitcoin Law Could Do More Damage Than NY BitLicense

    | 2017/04/01 9:00 am
  • German Blockchain loans provider BitBond has partnered with BitPesa to facilitate payments directly to Kenya mobile accounts. BitBond: Sub-Saharan Africa is 10% of Our User Base The international partnership comes as Sub-Saharan Africa grows to 10% of BitBond’s user base and BitPesa’s popularity in its native Kenya continues. BitBond CEO Radoslav Albrecht said in a blog post Tuesday: This means that a small business owner from Kenya can receive loan funding from investors from all over

    BitPesa & BitBond Jumpstart Bitcoin Blockchain Loans to Kenya

    | 2017/03/30 8:00 am
  • Bitcoinist has compiled a list of ten VPN providers that will gladly offer you their services for your bitcoin.  Why VPN? One of the primary reasons for purchasing a VPN service is to keep your online activity private. It is ironic, then, that some still choose to buy their VPN service via a payment method tantamount to a suitcase filled with marked bills and a transponder — which, if you’ve ever seen No Country for Old

    10 VPN Services Providers That Accept Bitcoin

    | 2017/03/28 5:00 pm
  • A few Bitcoin ATMs have recently been spotted in a place not many expected: Russia. Bitcoinist spoke with the machines’ payment provider company to get the latest scoop on how the BTM business is taking root in the city of St. Petersburg. Fertile Ground? The first Bitcoin ATM is a one-way BTM from UK-based company Bitlish. It was quietly launched in late February and subtly placed next to a few Bank ATMs at a local business center on

    So What’s With The Bitcoin ATMs Popping Up in Russia?

    | 2017/03/27 2:00 pm
  • Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China. Bitcoin’s shifting volumes and price are signaling that further disintermediation is inevitable, which could also spell trouble for Western exchanges like Coinbase and Kraken. China Regulates Bitcoin Exchanges Increasing regulation of the Bitcoin market in China by the People’s Bank (PBoC) has characterized the first Quarter of 2017. First they banned margin-trading. Then they halted withdrawals of Bitcoin from Chinese exchanges in February. The latest news is that

    The China Syndrome: Are California’s Bitcoin Exchanges Doomed?

    | 2017/03/23 4:30 am
  • As Bitcoin apps such as Abra increasingly bridge the fiat gap by providing more options to buy and sell Bitcoin, could physical BTMs become obsolete? Abra Adds Bitcoin as Official Currency Yesterday, Abra, a Bitcoin-based remittance app that allows users to cash out national currencies via pre-selected Tellers, announced the addition of Bitcoin as a usable currency. Although Abra has always been powered by Bitcoin, the new addition will allow users to buy, store, transfer and spend Bitcoin directly as

    Does Abra Pose a Threat to the Bitcoin ATM Industry?

    | 2017/03/10 8:30 am