• 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
  • On May 7, 2015, Cryptosteel and SatoshiLabs announced their new partnership and redesign of the Cryptosteel cold wallet. Cryptosteel is an “indestructible” offline key storage system for digital currencies such as bitcoin. Cryptosteel, originally designed by Wojciech Stopinski, was created to make using and storing bitcoin safer. Made of lightweight stainless steel, this cold wallet is advertised as fireproof, acid­-resistant, and uncrushable.  Also Read: Coinprism is now Trezor Compatible Disclaimer: Bitcoinist is not affiliated with SatoshiLabs or Cryptosteel, and

    “Indestructable” Cryptosteel Wallet Gets a Redesign

    | 2015/05/15 7:00 pm
  • 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
  • Polychemy, a fashion technology company, is rolling out its unique Bitcoin necklaces. Users can engrave their Bitcoin addresses directly onto the necklaces and use them to transfer funds without a mobile phone. Also read: Bitcoin to Play a Key Role in Denmark’s Cash-Free Economy? The elegantly designed Polychemy Bitcoin necklace will also help users keep their wallets safe & close to their hearts. They can store any type of data including names, messages, and URLs. The necklaces can

    Polychemy’s Necklaces Transfer Bitcoin Without Phones

    | 2015/05/12 7:00 pm
  •  Crypto Vault, a company that focuses on cold storage for cryptocurrencies, has created “Vault Coin,” made with nickel-copper alloy with high heat resistance. Each of these coins are numbered individually so it is easy to keep track of what currency is being stored on what coin and adds a small bit of collector value. Also read: SendChat Tightens Bitcoin Security With BlockTrail Partnership In an interview with Bitcoinist, Kyle O’Brien, a founder of the company, said

    Crypto Vault Creates Fire-Resistant “Vault Coin”

    | 2015/05/08 3:00 pm
  • The history of Bitcoin is still plagued by the Mt. Gox collapse. After allegedly losing several hundreds of millions of dollars in Bitcoin due to a hack, the exchange was forced to halt its services. A lot of people around the world have been affected by this debacle, and quite a few of them took the matter to court. As a result, it is now possible to file a claim for lost funds, in the hopes of retrieving

    The Mt. Gox Post-Bankruptcy Claims: A Detailed Guide

    | 2015/05/08 8:00 am
  • Social messaging is an emerging trend on a global scale. With so many ways of communicating with other people around the world, it could prove to be an interesting way of increasing Bitcoin awareness and adoption. And there are several applications trying to merge the best of social messaging and digital currency into an easy-to-use platform. SendChat is one of those platforms, and they are focusing a lot of providing top notch security. Also Read:

    SendChat Tightens Bitcoin Security With BlockTrail Partnership

    | 2015/05/07 7:00 pm
  • In the midst of the press surrounding Netki’s recent partnership with Holy Transaction, the company also announced the launch of its new Wallet Name Service. Also read: Netki and HolyTransaction To Lower Bitcoin Barriers to Entry Netki was founded in 2014 with the immediate plan to remove barriers of entry for consumers interested in Bitcoin. By pursuing this goal, the company hopes to foster mass-market adoption of digital currencies like Bitcoin and Litecoin. A common criticism of

    Netki Launches Wallet Name Service To Help Foster Adoption

    | 2015/05/04 3:00 pm
  • One of the main concerns people have regarding Bitcoin payments is the fact that you always need an Internet connection in order to broadcast transactions to the network. For most of us in the western world, this is not a problem. But in the areas where Bitcoin could do some good — like Africa, and South America — Internet connectivity is scarce, which creates an issue. bitSIM wants to make Bitcoin and blockchain transactions available to

    bitSIM Turns Any Mobile Phone Into a Bitcoin Wallet

    | 2015/05/03 7:00 pm
  • Bitcoin company Circle Internet Financial has completed a funding round of $50 million with help from banking firm Goldman Sachs and venture group IDG Capital Partners. Circle is also updating its core services to enable the transfer and storage of US dollars, which are insured by the FDIC and not subject to bitcoin’s volatility. These functions run parallel to Circle’s existing infrastructure and expand its scope of financial services. Also Read: Wall Street and Silicon Valley

    Circle Raises $50M Off Goldman Sachs Support, Adds USD Features

    | 2015/05/03 8:00 am
  • Bitcoin exchanges in China are a hot topic right now, with multiple parties competing to become the top exchange in the country. While major players such as OKCoin and BTCChina are rolling out new features in order to remain competitive, a new player is coming on to the scene. HaoBTC has launched its international wallet service and aims to become the “Coinbase of China.” Also read: BTCChina and MrGekko Partnership Offers New Services Disclaimer: Bitcoinist has no

    HaoBTC Takes on Coinbase With Interest-Bearing Wallet

    | 2015/05/02 7:00 pm
  • Interesting days are ahead for Bitcoin enthusiasts in the United Kingdom. Despite the difficulties Bitcoin businesses face when trying to secure UK banking partnerships, Coinbase has managed to expand its operations to the country. UK residents will also be able to buy, sell and trade bitcoin on the Coinbase Exchange. Also read: Purse Partners Up With Coinbase Coinbase in the UK: Lots of Options United Kingdom residents will now be able to use Coinbase Wallet in order to

    Coinbase Exchange Takes Its Services To The UK

    | 2015/05/02 8:00 am
  • 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
  • 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
  • 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
  • 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
  • BURST, the latest Bitcoin 2.0 cryptocurrency, uses a unique algorithm called “Proof of Capacity” (POC). POC utilizes miners’ unused hard drive space instead of their processor or graphics card to mine. Additionally, BURST says that it will offer a free marketplace without fees, taxes, and has no central authority. According to BURST, these qualities make its market place a competitive alternative to eBay. What is BURST Market? The BURST Market is located inside the  BURST wallet  and the payment  is

    BURST’s Decentralized Marketplace May Challenge eBay

    | 2015/04/17 7:00 pm
  • I had an opportunity to review a Ledger Nano hardware wallet. The wallet itself, which sells (with shipping) for about $51, features unique software paired with a physical USB stick. The wallet cannot be opened if the USB isn’t plugged in, making it so that a thief would need physical access to even attempt to gain control of your funds. The ledger wallet is locked with a pin code, enter it wrong three times and

    Review: Ledger Wallet, Secure Bitcoin Hardware Wallet

    | 2015/04/13 2:00 pm
  • Bitcoin can be earned in many ways, and there are quite a few people out there who wouldn’t mind receiving at least part of their monthly wage in bitcoin. This is especially true for small business owners and freelancers; it can be quite the hassle to wait for funds to come through traditional payment services. Hiveage, one of the most popular online billing services, is now accepting Bitcoin payments. Also read: RE/MAX London Accepts Bitcoin for Rent Payments Hiveage:

    Hiveage Now Lets You Bill Clients in Bitcoin

    | 2015/04/12 2:00 pm
  • When it comes to Bitcoin wallets, there are so many different options to choose from. That being said, having so many different wallet applications does not necessarily make it easier to spend Bitcoin in the real world, which remains a big problem to this very date. OneBit is looking to change that, as this is a Bitcoin wallet that lets users pay anywhere in the world as long as the retailers accept MasterCard PayPass payments.

    OneBit Brings Bitcoin to Mastercard Paypass Terminals, Seeks Funding

    | 2015/04/09 7:00 pm
  • Many people see Bitcoin as just another way to send digital payments while it is about so much more than just money or even the financial aspect of Bitcoin and its technology. The main ideology of Bitcoin is to create an independent and equal financial infrastructure for everyone on this planet, especially those with no access to bank accounts. Also Read: Coinkite API Unlocks Potential for Bitcoin Developers, Merchants and Users Bitcoin – Financial Equality

    Coinkite Now Enables You To Send Bitcoin Via SMS Worldwide

    | 2015/04/09 1:00 pm
  • 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
  • ShapeShift.io, is an instant online cryptocurrency exchange that provides instant currency exchange between many cryptocurrencies without having to open an account. This Thursday, ShapeShift.io announced it was integrating Counterparty (XCP), along with Moner (XMR) into its platform. Customers anywhere in the world will now be able to buy or sell XCP or XMR instantly with Bitcoin or over two dozen of other cryptocurrencies with the ShapeShift.io exchange platform. Also Read:  ShapeShift Raises £525k, Reveals its Mysterious

    Shapeshift.io Integrates Monero and Counterparty

    | 2015/04/08 12:00 pm