• One of the hurdles plaguing Bitcoin adoption in emerging countries is the fact you need an active internet connection to send and receive digital currency. Certain countries offer some form of Internet connectivity to locals at high prices, making it less appealing to use Bitcoin. But if SpaceX has a say in the matter, their satellites will be providing internet access all over the world. Also read: SpaceBIT Challenges Traditional Banking With Banking Above The Clouds>/em>

    Bitcoin Adoption To Thrive From SpaceX’s Internet-providing Satellites?

    | 2015/06/04 6:15 pm
  • Xapo has announced its latest, bold move to add a few financial and political power players to its advisory board. Xapo will strategically grow its company and services with the expertise of Visa founder Dee Hock, former Citibank CEO John Reed, and former US Treasury Secretary Lawrence Summers. Also Read: Xapo Releases New Comments on BitLicense  On May 26, 2015 Xapo announced the following additions to its advisory board: Dee Hock An expert in payment systems, Dee

    Xapo Selects Three Finance Moguls for Advisory Panel

    | 2015/05/30 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 a new study by Cambridge University, user data is routinely retrievable from secondhand Android devices that have been wiped through a factory reset. Most Android devices offer no way of easily deleting user data such as access tokens, messages, images, and other content. The problem doesn’t affect only a small percentage of Android users, it affects an estimated 500 million Android devices, this poses a problem for companies that resell used Android devices. In

    User Data, Including Full Bitcoin Wallet Access, Retrievable From Secondhand Android Phones

    | 2015/05/25 8:00 pm
  • More and more companies are looking to bring digital services to their user base, which also presents quite the opportunity for Bitcoin and other digital currencies. And what better way for Bitcoin to gain more traction than by being added to a cloud-based content distribution platform such as Ziddu? Also read: bitSIM Turns Any Mobile Phone Into a Bitcoin Wallet Ziddu: File Hosting and Cloud Services When you talk about file hosting or cloud services,

    File Hosting Service Ziddu Integrates Bitcoin Wallet Into its Platform

    | 2015/05/16 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
  • 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