• Overstock has filed a prospectus with the SEC (the Securities and Exchange Commission) and asked permission to issue up to $500 million in stock that is controlled by a Bitcoin-like network. The new concept may transform the way the traditional stock market is perceived. However, permission is still awaited from the SEC. Also read: Interview With Overstock CEO, Patrick Byrne The filing to the SEC reads: “We may decide to offer securities as digital securities…the ownership

    Overstock Wants to Issue $500 M in Bitcoin-Like Stocks

    | 2015/04/29 8:00 am
  • Here is Bitcoinist’s coverage of the afternoon and evening sessions of the Inside Bitcoins day 2 coverage! Also read: Inside Bitcoins NYC Presentation Day 1 (Morning till Noon) DigitalFX: A New Asset Class for Investors After the lunch break, Brian Kelly, contributor for CNBC’s Fast Money,  Founder and Managing Member of Brian Kelly Capital LLC, and author of The Bitcoin Big Bang, took take the stage to talk about investing in Bitcoin and start-ups in the Bitcoin world. According

    Inside Bitcoins New York Day 2: Afternoon and Evening

    | 2015/04/29 4:29 am
  • When it comes to Bitcoin adoption and awareness, most of the money is flowing in through Chinese Bitcoin exchanges. Several major players, such as BTCChina, OKCoin and Huobi, are coming up with various tools and features to give them a competitive edge. And it is OKCoin who has come up with the very first Superwallet, a tool that gives mainstream consumers access to Bitcoin technology in the native currencies, starting with CNY. Also Read: OKCoin

    OKCoin Announces Bitcoin Superwallet OKLink

    | 2015/04/27 7:00 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
  • Blockchain technology allows us to do many things, most of which we haven’t even discovered yet. One thing we do know is that the blockchain allows us to transfer ownership of assets in a transparent manner, and it also lets us back up these assets with tangible goods such as precious metals. This is where Midas Rezerv comes into the picture, as this company portrays itself as a decentralized distributed 100% gold-backed digital token in

    Midas Rezerv Brings Precious Metals and Bitcoin Technology Together

    | 2015/04/25 7:00 pm
  • Update: Gavin Andersen has contacted us via Twitter regarding this article. He has stated that he is still the Chief scientist for the Bitcoin Foundation. Bitcoinist is reaching out for additional comments, and apologizes for the confusion.   Gavin Andresen, if you do not know, is a well-regarded Bitcoin celebrity of sorts. Most known for his work for Bitcoin, Gavin has access to the alert key that allows him to broadcast messages about critical network

    Gavin Andresen Leaves Bitcoin Foundation; Joins Digital Currency Initiative

    | 2015/04/24 1:00 pm
  • The world of Bitcoin is filled with so much technological innovation that it becomes hard to imagine something may never be possible. Just a few years ago, no one would have believed in a public ledger to not only record all transactions, but also store documents and even transfer ownership. Netki is taking things one step further by introducing human-readable addresses to the world. Also read: “Not-So-Decentralized” Ripple Freezes $1m in User Funds Netki: Removing

    Netki and HolyTransaction To Lower Bitcoin Barriers to Entry

    | 2015/04/22 7:00 pm
  • Bitcoin has gained recognition in the gambling industry due to the benefits it provides both gamers and businesses. its ability to benefit both the user, as well as the business. BitPlay is now aiming to increase Bitcoin’s role in the gaming industry, launching the BitPlay Network. Also Read: Apple removes Sarutobi from App Store BitPlay Today Inc. is a privately held, Boston-based startup that is working to increase mainstream bitcoin adoption by developing mobile games that

    BitPlay Network Expands Bitcoin Gaming

    | 2015/04/22 8:00 am
  • Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door

    The Economics of Bitcoin Mining Centralization

    | 2015/04/20 5:00 pm
  • This week, Bitcointalk administrator Theymos, contacted every participant in several discussions over the Butterfly Labs case. The reason for this contact was a court decision in which the Bitcointalk admin was forced to reveal information regarding the case. Also Read:  US Goverment shuts down Butterfly Labs! Early this week, Theymos received a subpoena related to the BFL case (FTC Case No. 14-CV-2159-KHV-JPO) forcing him to release private messages connected to BFL. Theymos later opened a thread and sent an email to

    Bitcointalk Court Ordered to Release Butterfly Labs Messages

    | 2015/04/19 3:00 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
  • Digital currency enthusiasts around the world are doing their best to convince people that Bitcoin has shifted from being a speculative investment to an everyday currency. A recent study conducted by Bitpay, the world’s leading Bitcoin payment processor, confirms that statement. Also read: Bitcoin Investment Recap 2014: Bitcoin Economy Growth BitPay Number Crunching   Because of Bitcoin’s disruptive nature, the digital currency is in a prime position to set a lot of new and unexpected trends. Granted, Bitcoin

    BitPay Study: Bitcoin is Now an Every-Day Currency

    | 2015/04/17 8:00 am
  • 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
  • Sfards recently announced the completion of tape out and now are announcing their testing results. The results look good being that the chip is 28nm and processes both SHA-256 and Scrypt algorithms. Formed from Gridseed and WiiBox, Sfards has the dual miner experience from Gridseed as a base with the controller tech of WiiBox. Depending on the density of each unit they could do very well. Also Read: SFARDS (formerly Gridseed) Announced World’s First 28nm

    Sfards Shares Chip Test Results, Will Open Source Design

    | 2015/04/15 4:40 am
  • Ever since Olivier Janssens exposed negative information regarding the Bitcoin Foundation’ financial situation, one pressing question has risen remains: who will fund the Bitcoin core developers if the Foundation collapses? It looks like the answer to that question may come from Mobbr, a crowdfunding startup that has launched a project dedicated to paying every Core developer. Also Read:  Oliver Janssens and the Bitcoin Foundation’s Woes Mobbr: A Crowdpayment Site Similar to other crowdfunding platforms, Mobbr relies on

    Mobbr Wants to Help People Fund Bitcoin Core Development

    | 2015/04/14 3:00 pm
  • Bitlanders is a new social network that pays people for their content. With bitLanders, users that post blogs, videos, images, and share the best content will have an extra income paid by the social platform. Also read: BitLanders: A Social Network That Pays You in Bitcoin Last week, Bitcoinist published an article review of this social network. This week, we decided have a conversation with the bitLanders Co-Founder and CEO, Francesco Rully.   Where did you get the

    Interview with Bitlanders CEO Francesco Rulli

    | 2015/04/11 7:00 pm
  • While several companies are trying to bring Bitcoin to mobile payment systems, one of the world’s biggest telecom providers has plans to invest in Silicon Valley’s Bitcoin startups. Orange SA, France’s leading telecom provider, and worldwide brand name, has grown fond of the technology powering digital currencies and wants to see how it can benefit its products in the future. Also read: Bitcoin Can Revolutionize the Telecommunications Sector Early Adopter Phase For Blockchain Technology One of the things

    Telecom Provider Orange Set to Invest in Bitcoin Startups

    | 2015/04/11 8:00 am
  • A micropayment is a type of payment that uses relatively small amounts of money to purchase every day items, such as food and drink. Now that bitcoin’s user base is growing, it may end up being the “missing link” that makes micropayments a viable option for everyone. Also Read: Thoughts on Bitcoin Blocksize Economics. The micro-payment idea originated with banks in the early 90’s. It was a pretty solid idea; load around 150 dollars on a card to

    Is Bitcoin The Future of Micropayments?

    | 2015/04/10 7:00 pm
  • One key area where Bitcoin could make a splash is in the world of money remittances. As things stand right now, sending money overseas is a very costly business, with fee amounts running in double digits most of the time. Bitcoin is a borderless digital currency at low to 0 fees, making it a viable competitor. Bitspark, the world’s first end-to-end remittance service powered by Bitcoin, has recently partnered with Bitgo Inc. Also Read: BitGo Secures

    Bitspark Partners With BitGo To Offer Multi-sig Security

    | 2015/04/10 3:00 pm
  • Blockchain Apparatus is a voting system based on the Blockchain, providing a transparent, secure and incorruptible voting system. Blockchain Apparatus has been developing several innovations and working to put software in control of will execution. The Denver-based startup announced this week their latest developments and their innovations are bound to change how people manage their estates. Also Read:  Response to Critics That Say The Blockchain Has No Value Blockchain Apparatus is one of several startups incubated

    Blockchain Apparatus Launches a New Trusted Will System

    | 2015/04/09 8:00 am
  • The two previous articles (part one and part two) in this series covered the basic mechanics of the blockchain and the largest problem the blockchain currently faces. Now, I will move on to the future of the blockchain. In the last part, I talked about a method of storing and time stamping any document on the blockchain through a fairly simple method. This method allows users to back legal claims using blockchain technology, all for about four

    All About: The Blockchain Part Three

    | 2015/04/08 3:00 pm
  • Bitcoin technology is all about coming up with new and creative ways to unlock the technology driving this ideology. Over the past few years, we have seen many unique Bitcoin applications, most of which were developed during a hackathon. As a result of that success, Coinbase will be hosting BitHack V2, a six-week hackathon challenging developers to push Bitcoin to limits they never knew existed. Also Read: Coinbase Exchange Passes Bitstamp and BTC-e in Trading

    Coinbase Announces Bitcoin Hackathon BitHack V2

    | 2015/04/07 10:40 pm