• 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
  • 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
  • Speculation is running wild in the world of Bitcoin and digital currency after Rand Paul announced his tech counsel team members. Among those members are some very important people in the Bitcoin industry, particularly Overstock CEO Patrick Byrne. But what does Rand Paul need a tech counsel for, and what will Byrne’s appointment mean for Bitcoin and digital currency in general? Also read: Rand Paul Accepts Bitcoin for 2016 Campaign Donations  Rand Paul: Accepting Bitcoin Donations for Political

    Rand Paul Names Patrick Byrne as Part of Tech Counsel

    | 2015/05/12 8:00 am
  • Our society is evolving into a cashless economic infrastructure. Several European countries are trying to discourage people from using cash in order to pay for goods and services. That seems only normal, as cash transactions are a hassle when dealing with change amounts. The list of downsides when dealing with cash transactions is rather lengthy, and if Danish government has any say in the matter, Denmark will become completely cash-free in the near future. Also

    Bitcoin to Play a Key Role in Denmark’s Cash-Free Economy?

    | 2015/05/11 7:00 pm
  • News powered by Bitcoinist.net Article by Drew Cordell As a continuation of my Blockchain series, I will be covering the potential of the blockchain for the purpose of voting reformation. In order to properly cover sidechains, I need to continue to dig into the knowledge base regarding the technology to learn more about the technology before I write about it. Sidechains are a revolutionary idea for Bitcoin, and it deserves to be reported well. In this part

    All About: The Blockchain Part Four

    | 2015/05/07 3:00 pm
  • In an exclusive interview with Bitcoinist.net, Jim Fulner, the 2014 Libertarian candidate for the U.S. Senate from Michigan, says Bitcoin is, and should continue to be, primarily a currency that stands alone. As a staunch Bitcoin advocate, Fulner said that Bitcoin can facilitate exchange just as efficiently as any other currency. Also read: Rand Paul Vouches for Bitcoin at NY Fundraiser Event Fulner says, “I don’t foresee any time in my life that Bitcoin ceases to

    Jim Fulner: Bitcoin Can Become the “Reserve Currency”

    | 2015/05/04 5:00 pm
  • California’s assembly committee on banking and finance has approved a bill that would regulate cryptocurrencies such as Bitcoin in a similar fashion to New York’s controversial BitLicense. Dubbed AB-1326 Virtual Currency, the legislation is now headed to the appropriations committee before reaching a vote on the assembly floor. Also Read: California Bitcoin Bill May Pose Problems For Startups The bill would make it a crime in California to operate a virtual currency business without first

    California Banking and Finance Committee OK’s Bitcoin Bill

    | 2015/05/01 2:00 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
  • Considering crypto-currency is a relatively new technology, many are still unfamiliar with it and don’t understand the concept. Consequently, public opinion of Bitcoin is generally viewed with an air of skepticism, from laymen to economists, and met with accusations of being a bubble or a Ponzi scheme. There have even been embellished reports proclaiming “the death of bitcoin” published by various news outlets at different points in time. This kind of criticism has diminished in recent years, as price charts

    Rand Paul Vouches for Bitcoin at NY Fundraiser Event

    | 2015/04/26 7:00 pm
  • On April 13, 2015 the Free Republic of Liberland was officially formed by a group of Czech citizens. The newly formed country of Liberland is a three square mile plot of land between Serbia and Croatia. The President of Liberland, Vit Jedlicka, has confirmed that Liberland will not have an official currency nor a printed currency. The country will however, accept all currencies, both bitcoin and other digital currencies. Also Read: Bitcoin House Taiwan: Enjoy a

    Liberland: Europe’s Newly Formed Country to Use Bitcoin

    | 2015/04/24 5:00 pm
  • Australia has been one of the frontrunners in terms of regulating digital currency, which has proven to be a very difficult task if you want to do it properly. At the end of 2014, a decision was made to tax Bitcoin in such a way that a fee would have to be paid when sending funds to pay for goods or services, and another fee would be invoked for providing an intermediary service for customers.

    Additional GST For Bitcoin And Digital Currencies in Australia?

    | 2015/04/21 7:00 pm
  • The Finnish Pirate Party, also known as Piraattipuolue in Finnish, ran in the Finnish Parliment elections on Sunday, April 19th, 2015. Bitcoin donations to the party have skyrocketed in the last month, exceeding over 10,000 Euros of BTC, more than the 4,000 Euros they received from all donation channels last year. This shows not only that the party is growing significantly, but also that Bitcoin is increasing in popularity within the party. The FPP’s platform focuses

    Bitcoin Donations to Finnish Pirate Party Skyrocket

    | 2015/04/20 7:00 pm
  • Singapore-based Interpol Global Complex for Innovation (IGCI) is developing its own cryptocurrency. The purpose of this project is to help personnel gain a first-hand understanding of what cryptocurrency is and how it is being used for cyber crime. The IGCI houses the international police’s first digital crime centre and cybercrime research and development capabilities. Also read: Kaspersky and INTERPOL Say Blockchain is Vulnerable Dr. Madan Mohan Oberoi announced this project, among others, at the “Interpol World” conference

    Interpol Creates its Own Cryptocurrency to Fight Virtual Currency Crime

    | 2015/04/19 3:45 am
  • Coinify, the company that allows merchants to accept Bitcoin payments in next-day settlements, has entered into a partnership with PensoPay. PensoPay a service that enables free, instant settlements in a fraud-free and chargeback free Bitcoin payment environment.As a result of this partnership, PensoPay has become a Coinify Certified PSP Partner.  Also Read: vibist In a press release, Coinify, announced, “Effective as of March 15, 2015, the agreement entitles PensoPay the right to promote, advertise, and sell the

    Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept Bitcoin Payments

    | 2015/04/18 7:00 pm
  • Bitcoin has been caught in the crosshairs of many politicians around the globe, which can be both a curse and a blessing at the same time. Some politicians will openly embrace Bitcoin – or at least as long as it fits their agenda – while others will call Bitcoin “a financial instrument that should be avoided at any cost.” Whether you are into politics or not, the upcoming presidential elections in the United States could

    New York’s BitLicense Faces Competition From Rand Paul Event

    | 2015/04/17 11:45 pm
  • First Global Credit, the world’s first Finance Company 100% focused on digital currency products, has appointed Jon Matonis as a Non-Executive Director. Announcing the appointment, Gavin Smith, Chief Executive and Founding Director of First Global Credit said that he is delighted to welcome Jon to the Board. Also read: Deutsche Banker Starts New Bitcoin Exchange in Brazil Gavin Smith said, “We have found we share a mutual vision for both the future of Bitcoin and

    First Global Credit Appoints Jon Matonis Non-Executive Director

    | 2015/04/16 8:00 am
  • One of the things we all want to know more about is how Bitcoin is faring in various countries around the world. With most of the Bitcoin-related efforts focusing on the US and Canada, the rest of the world seems to be neglected at times. But that doesn’t mean Bitcoin isn’t thriving around the world, as a recent interim survey report from BitcoinsInIreland tells us. Also Read: News Bits on: Rakuten will accept bitcoin,BIT,Bitcoin Nanosatellites

    International Bitcoin Survey Shows Interesting Trends

    | 2015/04/10 8:00 am
  • Editor’s Note: This article has been modified to correct an error in reporting. Previously, this article said that Jim Fulner was a “libertarian state senate candidate.” Fulner was actually a Libertarian Party candidate for US Senate. We apologize to Mr. Fulner for our mistake.  Bitcoin donations have been helping homeless people, Ebola patients, Edward Snowden, and hundreds of other causes. Now, bitcoin will be helping U.S. Senator Rand Paul fund his 2016 presidential campaign. Also Read:

    Rand Paul Accepts Bitcoin for 2016 Campaign Donations

    | 2015/04/08 8:00 pm