• BNP Paribas, the second largest bank in the world, will be organizing a financial technology Hackathon in Brussels this weekend. Over the course of two days, various coders and developers will try to come up with innovative and creative solutions linked to one of four different themes. Even though Bitcoin is not officially featured, some of the participating developers may try to implement blockchain technology in their solution. Also read: Coinbase Announces Bitcoin Hackathon BitHack

    BNP Paribas International Hackathon Starting This Weekend

    | 2015/06/10 3:36 pm
  • Bitcoin businesses have been getting a lot of attention in recent months. Some of that new attention can be attributed to massive VC funding flowing into the world of digital currency. If this trend continues, the Bitcoin industry will surpass the $1 billion USD mark in VC funding will be passed before the end of the year. Also read: CleverCoin Incubated by Boost VC: Exclusive Interview Solving A Critical Issue There are two critical issues

    Bitcoin Capital Raises $1,297,460 in Crowdfunding Campaign

    | 2015/06/10 7:22 am
  • BitExchange has announced its “University Bitcoin ATM Program,” an initiative to spread Bitcoin adoption on university campuses. The company believes that educating university students about Bitcoin and getting them to use the digital currency is an important step in making Bitcoin a popular currency.  Also read: Robocoin’s Romit Software: Become a Bitcoin ATM The ATMs BitExchange will provide are the new BitFlash ATMs, the one-way ATM with a simple, 3 step process for getting Bitcoin. According to BitExchange,

    BitExchange Hopes to Increase University Bitcoin Acceptance

    | 2015/06/08 7:00 pm
  • Consumer behavior has evolved tremendously over the past few years, and not necessarily all for the better either. We are being fed ideas and thoughts to consume as much as possible as often as possible, without giving it a second though. Items we buy may last anywhere from a few weeks up to a few years before they need replacing. But if startup company Byebuy has a say in the matter, that situation will change

    Blockchain Technology To Play Key Role in Consumerism Shift?

    | 2015/06/06 4:19 pm
  • Brilliant minds around the worth are continually exploring the options and possibilities associated with Bitcoin technology. One of the things where Bitcoin could play a major role is in the world of finance, as digital currency works the same way around the world, regardless of any country borders. Could micro-financing become a future use case for Bitcoin? Let’s find out. Also read: Kraken Introduces Margin Trading Bitcoin Is Suitable for Peer-to-peer Lending It is not

    ProudSource Puts New Spin on Bitcoin Peer-to-peer Lending

    | 2015/06/05 8:00 am
  • There are multiple ways to promote Bitcoin and digital currency to a mainstream audience, but not all of those methods will have the desired effect. A group calling themselves “Wet T-Shirt Girls” on Youtube, have recently uploaded a new video in an attempt to raise Bitcoin awareness in a rather strange way. Also read: Bitcoin Donations to Finnish Pirate Party Skyrocket Two Women & Mr. Anonymous Promoting Bitcoin by using girls – or in this case,

    Bitcoin Promotional Videos By Wet T-Shirt Girls

    | 2015/06/04 4:47 pm
  • Trust is a component in both gold currency and Bitcoin, although working in two fundamentally different ways. With gold, trust is almost always required, be it in mining, minting, or banking. On the other hand, with Bitcoin, mandatory trust only enters the equation with a centralized mining network. All other trust requirements with Bitcoin occur when an individual voluntarily gives a company or other person control over his or her coins. Also read: Is Bitcoin Better

    Is Bitcoin Better Than Gold? Part Two: Trust

    | 2015/06/04 3:00 pm
  • Bitcoin is often advertised as an anonymous digital currency that offers a high level of user privacy. People can hide their identities behind a wallet address, and generate additional addresses if needed. But is Bitcoin as anonymous and privacy-centric as uneducated people assume? The answers might surprise you. Also Read: All About: The Blockchain Part Six Anonymity vs. Pseudonymity Right now, there is a decent level of customer privacy in business. But it only exists

    Bitcoin is Not Anonymous and Lacks Privacy

    | 2015/06/04 8:00 am
  • The Chamber of Digital Commerce (CDC) has launched its newly updated website, which includes an automated online membership portal, as well as the announcement of the advisory board and prominent member companies. Among these member companies is MecklerMedia, one of the leading producers of global trade shows featuring Bitcoin, 3D printing, and robotics. MecklerMedia has multiple global events on various topics coming up in the following months. Through the new portal and ease of membership, the CDC

    Chamber of Digital Commerce Launches New Site, Announces Advisory Board

    | 2015/06/03 8:00 am
  • Earlier today, I had the chance to speak with several merchants accepting Bitcoin payments for a while now. My main concern was whether or Bitcoin is being used by customers on a regular basis, and if so, whether or not there were any noticeable trends occurring. I did learn one thing though, Bitcoin is fine in terms of supporting merchants but needs to convince everyday users to work with digital currency. Also read: Ghent Bitcoincity:

    Bitcoin Usage Low Due To Disinterest From Consumers (Op-Ed)

    | 2015/05/29 7:00 pm
  • In recent weeks, we have seen an increased level of interest in Bitcoin in South American countries, such as Argentina. Is this the beginning of a Bitcoin boom in South America, or should we be more realistic? Also read: Chip Chap Lets You Buy Bitcoin From 5,000 Major Retailers South American Governments Wary of Bitcoin South American countries are notorious for their history financial instability. Not only are most countries plagued with hyper-inflationary local currencies such as

    Bitcoin in South America: Progress in the Face of Criticism

    | 2015/05/20 3:00 pm
  • Imagine a digital form of identity and access control that can replace passwords, forms of physical identification like passports and driver’s licenses and how this can bring about a lot of changes. This has now been made possible as blockchain startup Onename has launched its new product Passcard. Also read: “Indestructable” Cryptosteel Wallet Gets a Redesign Passcard uses a blockchain-tied profile to create a secure and “trustless” identity and according to the company, is a

    Blockchain Startup Onename Launches Passcard

    | 2015/05/16 8:00 am
  • Social messaging applications are playing an ever-increasing role in our daily lives, as we want to be in contact with the rest of the world at any given time. Most everyday consumers have a few different messaging apps on their devices. This growing prevalence of social messaging could be beneficial for Bitcoin adoption. SendChat wants to capitalize on this potential, and has launched a crowdfunding campaign to make its app available for both iOS and Android users. Also read:

    SendChat Crowdfunding Campaign Goes Live on BlockTrust

    | 2015/05/15 8:00 am
  • Over the past several days, the debate over increasing the Bitcoin block size limit has been rekindled. Gavin Andresen, the most prominent Core developer, restarted the debate in a blog post announcing his intention to respond to each substantial argument that opposed raising the limit. Staying true to his word, Andresen proceeded to publish a slew of posts addressing several different arguments against raising the limit. This series of articles sparked yet another community-wide discussion

    Should We Raise the Bitcoin Block Size Limit?

    | 2015/05/13 7:00 pm
  • Getting digital currency integrated in our everyday lives is one hurdle we need to overcome as a community. But, on the other hand, we also need to show there is a definite demand for Bitcoin usage in everyday situations, such as buying food, using public transport, etc. Travellers on ACTION buses in Canberra, Australia had the option of using Bitcoin payments through a third-party application called MyBus 2.0. Unfortunately, due to the lack of interest

    MyBus 2.0 In Australia Deems Bitcoin Experiment a Failure

    | 2015/05/13 8:00 am
  • The world of Bitcoin and digital currency is plagued by regulatory uncertainty across the globe. Several countries are debating on how they should regulate Bitcoin, while other countries are focusing on taxing digital currency. In the United States, regulation depends on which state your business operates in. But the American Bar Association may change all of that in the near future. Also read: Bitcoin Regulation Is Still Far Away For America The Current State of Bitcoin

    American Bar Association to Host Event on Bitcoin Regulation

    | 2015/05/11 3:00 pm
  • Sfards, a Bitcoin mining company that uses advanced semiconductor technology to develop the future of Bitcoin mining chips, is organizing a contest for the most creative miner designers from May 11 to 17. Prizes include one bitcoin for the winner, as well as consolation prizes for the other participants. Disclaimer: This article was written with information provided by Sfards. Bitcoinist is not affiliated with Sfards and is not responsible for its products and/or services. Though the company

    Sfards to Host Contest For Creative Miner Designers

    | 2015/05/11 12:00 pm
  • At this point in time, with Bitcoin becoming increasingly relevant in the mainstream, outside observers are becoming less skeptical and are now genuinely curious about the currency’s potential. They have accepted that Bitcoin’s code is strong, and arguments that Bitcoin has no “real” value are waning. Many people in the mainstream no longer question whether Bitcoin can be integrated into the global financial system, but instead speculate on how it will be integrated. Also read:

    Bitcoin: Currency vs Transaction Tool

    | 2015/05/06 7:00 pm
  • In order to make Bitcoin and digital currency more appealing for customers and merchants, we need to create more use cases. And as the number of use cases grows, word gets out about how useful Bitcoin is a payment method. On top of that, merchants can reduce costs without being exposed to Bitcoin price volatility. But how do we go about creating more use cases for everyday consumers? Also read: Belgium Prepares for Ghent Bitcoincity

    Ghent Bitcoincity: Creating Bitcoin Use Cases

    | 2015/05/05 7:00 pm
  • FreeBitcoins received $150,000 USD from a single investor during the first day of its crowdfunding campaign, which is 30% of the total $500k it is seeking. It claims that it is the fastest growing company in the history of Bitcoin, receiving 0 to 150,000 users in less than 30 days. Additionally, FreeBitcoins has already secured advertising partnerships with the largest Bitcoin companies. Also read: FreeBitcoins: Free Bitcoin for 1 Million People! The company claims to

    FreeBitcoins Receives $150k from a Single Investor

    | 2015/05/03 4:00 am
  • Here is Bitcoinist’s day 3 coverage of the Inside Bitcoins New York conference! Also read: Inside Bitcoins New York Day 2: Afternoon and Evening Solving Real Business Problems with the Blockchain Peter Kirby, President of Factom, opened day 3 of Inside Bitcoins New York with his lecture on using blockchain technology to solve real business problems. Factom, Kirby’s blockchain project, builds on top of the Bitcoin blockchain — much like how many useful applications are built on top of the

    Inside Bitcoins New York Day 3: Morning and Noon

    | 2015/04/29 9:01 pm
  • Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin gets exchanged, and the transaction is not recorded on the blockchain These kinds of transactions are beneficial because they can be made instantly, without waiting for miner confirmations, and without paying miner fees. Because of these characteristics, off chain transactions can make for

    OP-ED: Beware of Off Chain Bitcoin Transactions

    | 2015/04/29 3:00 pm
  • Whenever I go to a conference, I always write an “expectations” article. In those articles, I pick out a couple of interesting speakers and panels that I want to hear. This year’s Inside Bitcoins New York conference is held at the Javits centre. The conference will be a three day event, starting at 12:00 PM EST on April 27th and ending at 5 PM on the 29th. Also read: Barry Silbert to Speak at Inside Bitcoins New York Let us

    Expectations For Inside Bitcoins NY

    | 2015/04/27 3:00 pm