• Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft.  Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new

    Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

    | 2017/02/01 5:00 am
  • Poland’s oldest exchange Bitcurex has mysteriously “disappeared” with users losing access to capital and locking 2,300 bitcoins out of users’ hands. 2,300 BTC Gone Forever Local news sources report that following problems reaching back to October, the platform has now ceased operation altogether, with staff failing to release clear information. Only social media pages survive, while it appears that a Polish public prosecutor investigation instigated by the exchange is no nearer returning lost funds. Bitcurex’s

    Bitcurex: Owner ‘Disappears’ After Failing to Return 2,300 BTC

    | 2017/01/31 8:00 am
  • Brazilian hotel chain Vert Hotéis now accepts Bitcoin in an effort to connect with the tech-oriented crowd and after multiple customers requested to pay with the cryptocurrency.  Stay in Brazil for Bitcoin In an effort to expand their customer base and to keep up with the growing demand, Vert Hotéis has added Bitcoin to the list of accepted payment methods for three of the hotels managed by the Brazil-based company. Bitcoin is now accepted in hotels Ramada Encore Minascasa,

    Brazilian Hotel Chain Now Accepts Bitcoin After ‘Multiple Requests’

    | 2017/01/25 11:00 am
  • The release of Kim Dotcom’s BitCache and Megaupload 2 (MU2) has been said to be a transformational project that alone could double Bitcoin’s global value. It looks like we’ll have to wait awhile for this new app and new Bitcoin value to reach fruiting, as we update you on the new release schedule. Dotcom’s Megaupload 2, BitCache Delayed Last summer, online business mogul Kim Dotcom announced two future Bitcoin applications called Megaupload 2.0, or MU2,

    Kim Dotcom Reveals New Launch Schedule for BitCache, Megaupload 2

    | 2017/01/24 11:00 am
  • Was getting ready to use the very popular website for online services, Fiverr, yesterday, and discovered they are taking a step back with their business for 2017. The Bitcoin payment option I have been using since 2014 is no more. What’s Fiverr? For the few who do not know, Fiverr is the world’s leading online freelance services website that offers “gigs” provided by vendors for just $5 USD. These gigs range from writing press releases

    Fiverr No Longer Accepts Bitcoin After ‘Purely a Business Decision’

    | 2017/01/23 9:00 am
  • 2017 is full of positive energy, renewed spirit, and the winds of change. As with any new year, new aspirations come with it, and the world is waiting for Bitcoin to gain its “killer app” that will take the digital currency mainstream. Kim Dotcom is working on it, but it will have to wait a couple more days. ‘I Want to Take Bitcoin Mainstream’ Last summer, online business mogul Kim Dotcom announced two future Bitcoin

    Kim Dotcom’s Megaupload 2.0 & BitCache Experience Aborted Launch

    | 2017/01/21 12:00 pm
  • Mercedes owner Daimler AG has announced its takeover of PayCash Europe, a provider of Bitcoin payment services alongside others, in a move that will see the corporation venture into mobile payments. Mercedes Buys Bitcoin Services Provider PayCash, which also offers solutions for Bitcoin and cryptocurrencies, is a Luxembourg-regulated licensed e-money transmitter. It will be used by Daimler to launch mobile payments for Daimler products and services under the Mercedes Pay brand. “‘Mercedes pay’ is a fundamental component of

    Mercedes Buys Bitcoin Service Provider in ‘Digitization Strategy’

    | 2017/01/17 7:00 am
  • Counterparty Foundation Community Director Koji Higashi has agreed that Japan’s future in Bitcoin is an “upward trend” and could challenge China in trading volume. Japan: World’s #2 Bitcoin Trader His comments follow mainstream media alleging the number of Japanese outlets accepting Bitcoin had quadrupled to over 4,000 in 2016 alone. In a blog post Monday, Higashi said that in contrast to China’s falling trading volumes due to exchange inspections and uncertainty over legislation, Japan’s legal

    Japan Rises to Become 2nd Biggest Bitcoin Trader in the World

    | 2017/01/17 5:00 am
  • Coinbase CEO Brian Armstrong has suggested US cryptocurrency businesses adopt broker-style bureaucracy to achieve a better relationship with the taxman. 1099-B ‘Potential Solution’ to Crypto Tax Woes In a blog post published Saturday, Armstrong argued that the costliness of Coinbase’s current legal battle with the Internal Revenue Service could in future be avoided. “…Coinbase and the IRS have (I believe) a shared goal to ensure all U.S. customers pay their taxes,” he wrote. “I believe

    Coinbase vs IRS: CEO Says Broker Tax Forms ‘Potential Solution’

    | 2017/01/15 7:00 am
  • Pantera Capital’s new $25 million USD fund will invest in Brave Browser and Abra, two innovative Bitcoin-based apps. Pantera Capital’s New $25 Fund Dan Morehead, founder and CEO of Pantera Capital, recently revealed details regarding their new investment fund in an interview with TechCrunch. While Bitcoin was the main focus of the interview, Morehead disclosed information regarding two of the companies that will receive new funding from Pantera Capital. Following the closure of the first fund,

    Pantera Capital’s New $25M Fund Will Invest in Brave Browser, Abra

    | 2017/01/13 8:00 am
  • Bitcoin purchasing gateway Bitit has announced a distribution partnership, which will see 35,000 extra cash outlets added to its global network. 135,000 Reasons to Buy BTC with Cash The French startup, which launched in 2015, already offers cash-for-Bitcoin services at over 100,000 physical locations worldwide. Its partnership with voucher provider CASHlib will allow anyone to purchase a voucher in person with cash, swapping a code on the Bitit website for the equivalent in BTC. “Until now,

    Bitit Enables Bitcoin Cash Purchases at 135,000 Locations

    | 2017/01/12 8:00 am
  • We’re seeing a lot of new ways of using your Bitcoin, some more creative than others. In this article, we are going to take a closer look at how all of those Bitcoins you have accumulated can be used to get anything from the latest gadgets to more discounts and special offers. Bitcoin recently reached a new all-time high by crossing over the $1,000 mark. Those who were skeptical about the future of Bitcoin and

    Here Are Some More Creative Ways of Using Bitcoin in 2017

    | 2017/01/12 5:00 am
  • Finding a Bitcoin affiliate program is rare. Finding one that promotes the global use of Bitcoin even more so. Finding one that pays out full Bitcoins to members is Bitcoin-buying service Paxful, as they launch their new 30-day program. Leveraging Affiliate Programs to Spread Bitcoin Bitcoin is still a hidden secret to many around the world, and I have long held that creating affiliate programs is a proven method to increase mainstream adoption quickly. If

    Paxful Announces New Affiliate Program That Gives Away Full Bitcoins

    | 2017/01/11 3:00 pm
  • Bitcoinist spoke with CSO and Founder Kevin McKernan, whose company Medicinal Genomics has successfully put cannabis strains on the Bitcoin Blockchain. He explains how strains are actually traced, why his company chose Bitcoin, and why he believes Bitcoin is currently “too slow” if not “useless” for cannabis dispensaries as a currency. Kevin McKernan: ‘Bitcoin is a Battery of Trust’ Bitcoinist: First, how do you actually put “strains on the Bitcoin blockchain”? Kevin McKernan (KM): We take the sequence files (VCF

    Bitcoin ‘Too Slow’ for Cannabis Industry Until Block Size Changes

    | 2017/01/10 12:00 pm
  • Russian-based sports gym chain NanoFitness has announced it will begin accepting Bitcoin as payment for membership and related services. ‘We Were Interested in FinTech-Innovations’ While a merchant announcing the acceptance of bitcoin has become a daily occurrence and not nearly as revolutionary as it was several years ago, it’s not every day that the business is based in Russia. The St. Petersburg registered company posted the announcement on its social media page [loosely translated]: The #NanoFitness

    Russian Gym Chain Starts Accepting Bitcoin for Membership

    | 2017/01/06 4:00 am
  • Bitcoinist spoke with Kumar Gaurav, CEO of Cashaa, a blockchain-powered P2P marketplace that makes it possible to send and receive cash anywhere in the world with zero fees.  Unfortunately, when it comes to remittances, the poorer the country, the higher the fees, says the CEO of Cashaa, a blockchain startup based in Canary Wharf, London. Too often, the poorest of citizens can lose up to 20% when receiving money from abroad with traditional services like Western Union.

    Like an ‘Uber for Traders’: How Cashaa Drives Remittance Costs to Zero

    | 2016/12/30 9:00 pm
  • New addition to the Bitcoin ecosystem Supload will see users paid to host images and gifs in a new form of content creation platform. Bitcoin Solution To Content Revenue Sharing Supload, a two-man operation which received a modest launch last month, aims to be “a tool for people around the world to be able to share in the revenue that their content is responsible for creating.” In its first blog post in November, the project’s

    Supload Will Pay You in Bitcoin to Host Your Images

    | 2016/12/30 7:00 am
  • Venezuelan online travel agency Destinia will now only accept Bitcoin for payment citing “increasing restrictions” and economic woes in the country.  Travel Agency Forced To Go Full Bitcoin Travelers who use Destinia to make their travel reservations can now only pay in bitcoin. The company has made the decision after witnessing the impact of the free-falling Venezuelan economy. “The economic situation in Venezuela is ever more complicated,” the company explains. “Given the increasing restrictions faced by Venezuelans, Destinia has decided to operate exclusively

    ‘Sorry, Bitcoin Only’: Venezuelan Travel Agency Responds to Hyperinflation

    | 2016/12/29 5:35 am
  • Comments by Airbnb CEO Brian Chesky have renewed speculation the company may soon begin accepting Bitcoin. AirBnB: BTC Integration ‘Discussed’ with Coinbase Chesky made several direct references in several Twitter exchanges which appear to demonstrate his interest in Bitcoin merchant acceptance. The first came during a discussion with a Bitcoin enthusiast on Christmas Day, Chesky saying he “discussed” the idea with Coinbase. @jrmoreau the founder of Coinbase worked for us and it's an area we have

    AirBnB ‘Not Yet’ Accepting Bitcoin CEO Says, ‘Surprised’ By Demand

    | 2016/12/27 10:00 am
  • Let’s take a look at what some of Bitcoin’s industry insiders predict for 2017 as general sentiment is more bullish than ever and BTC is eyeing a new all-time high.  Tulip? More Like Champagne Bubbles Bitcoin is no stranger to bubbles. In fact, there’s probably a Tulip-mania inspired obituary out there already. But tulips can’t store value long-term, can’t be sent to the other side of the globe in seconds, and certainly can’t live on

    Industry Insiders Predict ‘Higher’ Bitcoin Price in 2017

    | 2016/12/26 12:00 pm
  • A special set of very unique circumstances has moved the global mainstream closer to Bitcoin than ever before. So let’s recap what has been driving Bitcoin demand, making it the hottest investment of 2016. 3 Reasons Bitcoin Demand Hit All-Time High 2016 has been a very strong year for Bitcoin, from the halving going off without a hitch to the introduction of Segregated Witness, to the almost doubling of Bitcoin’s value in the marketplace. In fact, its trading volume

    3 Reasons Bitcoin Demand Reached All-Time High in November

    | 2016/12/20 2:30 am
  • Bitcoin investors rejoice as the cryptocurrency beat all global fiat currencies yet again in 2016. Cryptocurrency trading can provide a couple of advantages for investors over conventional trading as economists tend to distort traditional markets, whether intentionally or not.  Note: this article is an op-ed. Reality vs. Economists’ Perception Investors believed in the dismal science of economic analyses and ratings like religious zealots. Often, the economists’ views on the markets surfaced as meticulous mathematical outputs and philosophies. But

    Why Every Investor Should Be Looking at Cryptocurrency

    | 2016/12/18 2:00 am
  • Kraken announced yesterday that they have acquired the American Bitcoin wallet provider Glidera to their corporate umbrella. Kraken Snatches Yet Another Startup 2016 has been a huge year for the Kraken bitcoin exchange, and they are looking to let the good times roll when it comes to mergers and acquisitions. Kraken added the resources of three major bitcoin exchanges, Coinsetter, Cavirtex and Clevercoin. Now, they have acquired the American Bitcoin wallet provider Glidera to their corporate

    Cryptocurrency Exchange Kraken Acquires Bitcoin Wallet Provider Glidera

    | 2016/12/14 3:00 am