• bitSome local newspapers and online portals are reporting that Polish banks are forcing online payment providers, such as Cashbill and Bluemedia, to terminate contracts with Bitcoin exchanges and cantors. It appears that the issue is currently only being reported by Polish language media, as not a lot of information regarding the issue available in English media. When Bitcoinist received an e-mail from Justyna Laskowska Witek of BitBay.net, we learned that his company is not the only one affected by

    Poland Banks Pushing Companies to End BTC Exchange Contracts

    | 2015/06/22 3:00 pm
  • Canadian Bitcoin enthusiasts have been facing quite a lot of adversity in 2015 so far. With two of the country’s largest Bitcoin exchanges shut down their operations, things were looking quite bleak for Bitcoin in Canada. But that situation is slowly turning around, as CoinPayments now offers Canadian Dollar conversion and daily ACH Bank settlements. Also read: BitGold Acquires GoldMoney, Expands its Reach CoinPayments Eyeing Canada As Next Major Market In terms of accepting digital

    Coinpayments Launches CAD Conversion And Daily ACH Bank Settlements

    | 2015/06/18 5:33 pm
  • In a statement issued to the public, Bank Indonesia says that citizens are encouraged to be careful toward Bitcoin and other virtual currencies, as they are not currencies or legal payment instruments. It further declared that all risks related to the ownership and use of Bitcoin should be borne by the owners. Also read: Ecuador’s e-Money Initiative Outlaws Bitcoin, Makes Mandatory for Banks to Follow Dictate In January of 2014, the deputy governor of Indonesia’s central bank

    Bank Indonesia: Bitcoin Not Currency or Legal Payment Tool

    | 2015/06/18 8:00 am
  • Coinbase, a popular Bitcoin exchange and online wallet provider, has announced the launch of its Instant Exchange. This new service will allow Coinbase users to send and receive Bitcoin payments instantly. Coinbase says that the Instant Exchange will protect people from Bitcoin price volatility, since they will be able to complete transactions so quickly.  Also read: Coinbase Suspends Service in Wyoming Indefinitely From Coinbase’s official announcement: “Coinbase has long offered merchants the ability to automatically

    Coinbase Launches Instant Exchange, Protects Users from Volatility

    | 2015/06/17 4:45 am
  • Halsey Minor, Founder & CEO of Bitreserve, has announced that his company will make holding, sending, and converting the world’s major currencies instant and free, without charging fees and commissions normally levied by banks, credit card companies, and money transfer businesses. Also read: William Dennings Joins Bitreserve as Chief Information Security Officer (CISO) Minor says that Bitreserve is offering free transfer and conversion of the money for its members. According to him, his company is bringing

    Bitreserve Offers Free Money Transfers and Currency Exchange

    | 2015/06/14 8:00 am
  • William ‘Bill’ Dennings III has joined Bitreserve as Chief Information Security Officer (CISO), bringing over two decades of experience to the company. Before joining Bitreserve, Dennings worked as CISO for MasterCard for 15 years, and was Nike’s first ever CISO. Thus, he comes with comprehensive work experience to help Bitreserve move ahead safely and securely. Also read: Bitreserve Now Allows You to Peg Bitcoins to Swiss Franc Dennings is an expert in the information security

    William Dennings Joins Bitreserve as Chief Information Security Officer (CISO)

    | 2015/06/13 8:00 am
  • The Bitcoin regulation in New York will be affecting many digital currency companies for quite some time to come. And by the looks of it, one company is already halting all of their services in the state of New York, as a protest against the BitLicense regulation. ShapeShift feels the time has come to take a stand against this “immoral and unethical” regulation of Bitcoin. Also read: New York’s BitLicense Faces Competition From Rand Paul

    ShapeShift.io Refutes BitLicense, Halts Services in New York Area

    | 2015/06/11 6:38 pm
  • Bitcoin exchange PSCoin.com is re-branding to LZF.com, the co-founder of the company Daniel Pusateri cites several reasons behind the decision in the exclusive interview with Bitcoinist. The rebranding effort is a part of its mission incentivizes trading in Bitcoin markets correctly. Also Read: Bitfinex and BitGo Partner Up to Offer First Ever Multi-Sig Exchange! Daniel Pusateri informs Bitcoinist that LZF.com stands for Laissez Faire, which means the free market, a market without government interference. Though,

    BTC Exchange PS Coin Rebrands Itself to LZF: Interview with Co-founder Daniel Pusateri

    | 2015/06/10 7:00 pm
  • 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
  • Shapeshift.io is the simplest, easiest and fastest crypto currency exchange in the ecosystem that allows for users to instantly trade their digital currencies without even having to register. ShapeShift is how all digital currency exchanges should work. From start to finish users can convert digital currencies in seconds, with no account required. ShapeShift has been building strategic partnerships throughout the Bitcoin and blockchain industry, including Coinomi, Purse.io, Tether, and a new merchant processing agreement reached

    Shapeshift.io Announces New Pricing System

    | 2015/06/06 3:00 pm
  • The problem with any centralized exchange is that it is centralized. All the funds are located at one place, which makes it a weak chain in the link, so to speak. Even Bitfinex, respected by many as one of the more secure exchanges, succumbed to an infiltration of their hot wallet recently. Also read: Chamber of Digital Commerce Launches New Site, Announces Advisory Board Now for the first time through a partnership between BitGo and Bitfinex,

    Bitfinex and BitGo Partner Up to Offer First Ever Multi-Sig Exchange!

    | 2015/06/03 6:11 pm
  • This interview was conducted before Changpeng Zhao’s post in /r/bitcoin explaining how OKCoin failed to respect its gentlemen’s contract. Therefore, that Reddit post acts as further support for Roger Ver, who shares his point of view below. Also read: To Avoid Legal Hassle With Roger Ver, OKCoin Stops Managing OKCoin.com Below the interview, readers can find excperts from Zhao’s Reddit post. Reading the emails OKCoin and you exchanged, no where does it appear that OKCoin

    Roger Ver on OKCoin’s Breach of Contract, Changpeng Zhao’s Latest Revelations

    | 2015/06/01 8:00 am
  • ShapeShift.io is an instant Bitcoin and altcoin exchange innovative service. The exchange platform is very popular within the community for allowing users to trade their altcoins instantly without having to register or create an account. Shapeshift.io also allows merchants to receive various cryptocurrencies and trade them for their digital asset of choice. Also read: ShapeShift.io Adds Tether USD to its Instant Exchange Since the beginning of this year, Shapeshift.io has been vigorously growing and introducing new

    ShapeShift.io Adds Monacoin, Vertcoin, Infinitecoin

    | 2015/05/30 3:00 pm
  • Roger Ver nicknamed Bitcoin Jesus, an early American investor in Bitcoin at Coyote WallStreet, and Peter Smith of Blockchain will be the keynote speakers at Pioneers Festival, Europe’s major conference for tomorrow’s ideas. The event brings together the smartest startups with corporations, media and investors eager to support the next big thing. Also read: MasterCard Send: New P2P System Offers Near-Instant Transfers The organizers of Pioneer Festival inform that more than 1,600 startups from 90+

    Roger Ver and Peter Smith of Blockchain to be Keynote Speakers at Pioneers Festival

    | 2015/05/28 9:34 pm
  • Bitok.com, a Bitcoin exchange officially registered in England, has just announced a campaign which will allow users to deposit and withdraw funds with 0% fees. With the fees removed, Bitok is now significantly cheaper for traders in terms of the fees they pay. In addition to BTC trades, Bitok also allows users to trade for Litecoin (LTC) and Dogecoin (Doge) in several different currency pairs (fiat currency and cryptocurrency.) Also read: Kraken Introduces Margin Trading

    Bitok Bitcoin Exchange Announces 0% Fees for Deposits and Withdrawls

    | 2015/05/24 6:00 pm
  • Update:  Clarification from Mr. Ver Roger Ver claims that the CEO of OKCoin forged a contract and then forged his name onto it; PGP cryptographic signatures have proven it to be a forgery. He says OKCoin going to such extremes so that it can get out of a $10,000/month payment. According to him OKCoin is already insolvent and doesn’t have the money.   Though OKCoin in its official blog post says it is abandoning the

    To Avoid Legal Hassle With Roger Ver, OKCoin Stops Managing Bitcoin.com

    | 2015/05/23 12:57 am
  • BitPesa has made a name for itself in the world of Bitcoin-enabled remittance services. Up until this point, though, most of BitPesa’s efforts have been focused on Kenya, one of the most underbanked countries in the world. But yesterday, the company announced its expansion into Tanzania. Also read: BitPesa Raises $1.1 Million to Expand to New African Countries BitPesa: Sending Money To and From Africa Made Easy The remittance market is being dominated by a handful

    BitPesa Expands Bitcoin Remittance Service to Tanzania

    | 2015/05/21 3:00 pm
  • Kraken, a popular San Francisco-based cryptocurrency exchange, announced on Wednesday on the /r/BitcoinMarkets subreddit that its new margin trading option entered Beta launch. The launch of this option comes right after another popular exchange, Poloniex, opened a similar feature a few days ago. Also read: Bitcoin Exchange Kraken Revamps Their Website for Margin Trading What is Margin Trading? Margin Trading is the practice of buying stock with money borrowed from a broker. In this arrangement, the investor makes a

    Kraken Introduces Margin Trading

    | 2015/05/21 8:00 am
  • Bitcoin is gaining a foothold in European countries as of late. Multiple Bitcoin exchanges are either expanding to Europe or are securing funding to expand existing operations. The latest Bitcoin exchange to secure a round of seed funding is Cryex, based in Sweden. Also read: Legacy Banks Invest In Coinbase’s Record $75m Funding Round Cryex Secures $10m in Funding The main goal of Cryex is to build a bridge between financial markets and the blockchain economy.

    Swedish Bitcoin Exchange Cryex Secures $10M in Funding to Expand Platform

    | 2015/05/12 3:00 pm
  • This week has seen much sideways movement from Bitcoin, but nothing that will impact Bitcoin in the long term. Bitcoin started the week in the mid $230s, where it proceeded to decrease slowly to a bottom of $230 around Thursday. On some exchanges like Bitfinex, it even dipped a little below that, briefly touching $228. Also Read: Last Week’s Market Wrap Up After it had hit the floor, Bitcoin rose $20 in two days, peaking

    Bitcoin Market Wrap Up 5/3-5/10: Bitcoin Sideways, XMR, VRC, and NET Solid Performers

    | 2015/05/11 8:00 am
  • Since Cryptocurrencies have become popular, the number of exchanges willing to process Bitcoin transactions has greatly increased. However, most of these are only available in select regions; require a difficult sign up process, while also imposing high rates, hence taking away a large part of the client’s money. However, an exchange that is certainly better when compared to its competition is quickly making a name for itself. 247Exchange, which is run by InterMoney Exchange, a

    247Exchange Introduces Innovative Way to Buy and Sell Bitcoins

    | 2015/05/10 12:00 pm