• An all-star AMA session on forum.bitcoin.com with many top names in the Bitcoin industry will begin November 2nd, and continue throughout the month. Participants include Patrick Byrne CEO of Overstock, Andreas M. Antonopoulos, Gavin Andresen and many more. Anyone will be able to ask questions directly to the biggest names in Bitcoin. The sessions will start on the 2nd of November 2015 in the “ask me anything” section on the forum. An amazing list of

    Roger Ver Hosting Largest Bitcoin AMA Ever at bitcoin.com

    | 2015/10/26 6:24 am
  • Russia and Bitcoin will never go hand-in-hand, by the look of things. In fact, it looks like a proposal is on the table to make the trading of Bitcoin punishable by law in the country, which could lead to a four-year prison sentence. Russia’s Ministry of Finance is cracking down on cryptocurrencies in general, and this new proposal could just be the beginning of things to come. Also read: Marijuana Industry Could Still Use Bitcoin

    Russia Proposes Jail Sentence for Bitcoin Activities

    | 2015/10/26 5:57 am
  • Colorado’s marijuana businesses are having a hard time creating a bank. The Federal Reserve said that because the substance is federally banned they don’t want to work with the money involved with it. Now a hopeful Colorado credit union stands as a vacant building while the reefer industry shakes its head.  Andrew Freedman, director of marijuana coordination for Colorado was feeling very frustrated saying:    “We tried to do the most with the building blocks of instructions

    Marijuana Industry Could Still Use Bitcoin

    | 2015/10/25 9:19 pm
  • The price of Bitcoin is surging towards the $300 USD price range. Over the past two weeks, BTC has seen a steady climb from the $260 range to yesterday’s $280 break. Despite breaking this boundary, the digital currency stepped up again to a high of $293 as of press time with no sign of a slowdown just yet. Also read: The Potential Impact of Bitcoin on the Luxury E-Commerce Industry Many have been wondering why

    Bitcoin Price Rallying Towards $300

    | 2015/10/25 3:19 pm
  • BSAVE, consisting of a group of online entrepreneurs with a vision to combine alternative investments (like Bitcoin) with the power of new technology, is a unique savings account that offers daily interest for deposited Bitcoin. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with BSAVE and is not responsible for its products and/or services. BSAVE has successfully secured over $400,000 in seed capital, which will help kickstart operations of BSAVE’s early

    BSAVE Raises $400,000 in Seed Capital

    | 2015/10/25 12:00 pm
  • It is no secret that most everyday consumers can barely scrape enough money together to pay for regular purchases. Some consumers, on the other hand, are more interesting in getting their hands on luxury items. Both types of customers have one thing in common: they want quick and convenient payment methods to complete their purchases. Can Bitcoin play a role in the process? Also read: FBI Advises Victims Pay Ransom on Ransomware Luxury Retail Business

    The Potential Impact of Bitcoin On The Luxury E-commerce Industry

    | 2015/10/24 12:36 pm
  • Ransomware is becoming increasingly popular with hackers and cyber criminals. The ability to lock down an entire system and render it useless until a ransom has been met is quite powerful. Ransomware often requires payment in a method that is irreversible, allowing the criminals to keep any payments they received unless they are caught of course. The FBI has warned that companies might not be able to get their data back unless they pay the ransom

    FBI Advises Victims Pay Ransom on Ransomware

    | 2015/10/24 12:50 am
  • NextBank is looking to be the first bank of its kind: a global bank that provides its services in over 50 languages, accepts over 135 different payment methods from Bitcoin to platinum, and is free from the influences of a financial institution. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with NX Bank and is not responsible for its products and/or services. Instead of going on the defensive when the

    NextBank Project: Bitcoin-Friendly Bank Seeking Funding

    | 2015/10/23 12:00 pm
  • The Bitcoinist.net Ledger Wallet giveaway has come to a close, and we have picked three winners to receive a Ledger Wallet! These winners will be able to use their Ledger wallets as a safe and reliable method of hardware Bitcoin storage. To ensure fairness in this giveaway, we used Random.org to arrange a randomized list that we used to pick our three winners. For the sake of privacy, we will not publish the winners’ names,

    Ledger Wallet Giveaway: Winner Announcements

    | 2015/10/22 8:00 am
  • Another security threat is looming overhead for Internet and Bitcoin users around the world. The Network Time Protocol, commonly used to ensure electronic devices’ internal clocks are properly synchronized, is vulnerable to tampering. Considering how the communication between a device and the Network Time Protocol is almost never encrypted, a man-in-the-middle-attack becomes highly likely. Also read: P2P Car Rental Service CarAmigo Reaches Taxation Agreement With Belgian Government Network Time Protocol Vulnerability of Great Concern In

    Network Time Protocol Vulnerability Threatens Bitcoin Users

    | 2015/10/22 2:15 am
  • In a surprising turn of events, peer-to-peer car rental platform CarAmigo has reached an agreement with the Belgian government regarding the taxation of this service for the car owners and platform customers. This agreement is the world’s first between traditional governments and disruptive new services. In fact, CarAmigo gets a leg up over competitors such as Blablacar and Uber in this regard. Also read: Blockchain Technology Holds The Key To Subway’s Antibiotics-free Food CarAmigo –

    P2P Car Rental Service CarAmigo Reaches Taxation Agreement With Belgian Government

    | 2015/10/21 8:26 am
  • When BnkToTheFuture’s chief executive Simon Dixon says that stock exchanges around the world have a long history in listing gold and oil mining stocks, but Australia will become the first ever to list this new form of mining stock, it makes a lot of sense. The country has a hot and cold reaction towards the digital currency technology; however, the latest move where the world’s first Bitcoin mining IPO is drawing near, it is moving

    BnKToTheFuture Hosts Fund for Australia’s First Bitcoin Mining IPO

    | 2015/10/21 8:00 am
  • Apple keeps cracking down on applications in their App Store, who are not adhering to the company’s rules. SourceDNA recently published a report mentioning a specific group of mobile apps extracting user identifiable information. Details being extracted include Apple ID email addresses, peripheral serial numbers, and a full list of all installed applications on the device. Also read: Bitcoinist Weekly News Re-Hash: Carl Force Sentencing, Uber’s Data Blunder Few Hundred Apps Kicked Out of Apple

    Apple Removes Few Hundred Apps For Harvesting User Information

    | 2015/10/19 1:21 pm
  • Bitcoiners got to enjoy some exciting market activity this week, with the Bitcoin price rising to levels that have not been seen in several months. Towards the end of the week, the price broke into the $270s, but quickly settled down into the low $260s, which some people hope will be a new bottom. Also read: Apple Pay Stumbles After Initial Support — Bitcoin A major Competitor Daily Bitcoin Price Action October 12: $247.83 October

    Bitcoinist Weekly News Re-Hash: Carl Force Sentencing, Uber’s Data Blunder

    | 2015/10/19 8:00 am
  • Technology plays an ever-important role in the daily lives of everyday consumers. But not just consumers can benefit from technological innovation, as companies stand to gain a lot from embracing these new tools. A recent study of British businesses indicated there is a major interest in harnessing technology, which could yield up to nearly £100bn a year. Also read: Understanding FinTech – What is it And Why Do We Need It? Don’t Fight Technology, Embrace

    UK Businesses Keen on Embracing New Technology – What About Bitcoin?

    | 2015/10/19 4:55 am
  • Apple Pay has been touted as one of the most revolutionary mobile payment forms of the past 12 months. Despite a ton of marketing efforts, hype, and integration by thousands of merchants around the world, the platform has not been without flaws. In fact, most users are still not sure whether or not Apple Pay is a favorable option. Running out of phone battery makes the entire payment utterly useless. Also read: Understanding FinTech –

    Apple Pay Stumbles After Initial Support – Bitcoin A Major Competitor

    | 2015/10/18 5:33 am
  • China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks and balance controls for capital outflow. Currency wars in the region have led to a massive monetary dump as China’s Black Monday looms and looks to a very rough financial week. This

    Is China Turning To Bitcoin As Yuan Devalues?

    | 2015/10/17 4:53 pm
  • SnapSwap is a company that launched in 2012 and established an international headquarters in Luxembourg this year. Recently, SnapSwap announced on October 12th that they have been granted a license to provide services as a regulated payment institution by the Minister of Finance of the Grand DUchyof Luxembourg. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with CryptoGames.IO and is not responsible for its products and/or services. The license is

    SnapSwap First Company to Obtain BitLicense in Europe!

    | 2015/10/17 3:00 pm
  • Cybercrime is a real threat to computer and mobile device users all over the world. With every device being connected to the internet, hackers are having a feasting frenzy over exploiting vulnerabilities and infecting devices with all kinds of malware. According to statistics provided by UK’s Office of National Statistics, over 7.5 million incidents of cybercrime have been reported. Also read: Ugandan Government Allegedly Uses FinFisher Spyware Cybercrime Is On The Rise In The UK

    New UK Cybercrime Report Makes No Mention of Bitcoin

    | 2015/10/17 10:03 am
  • Bit4X is a company launched in 2012 and has now grown to become a leading platform for trading everything from high liquidity forex to other crypto markets with Bitcoin. Featuring 41 currency pairs, 12 commodities, 12 indices, 10 stocks, leverage up to 1:500, and integrating with MetaTrader 4, Bit4X is a platform that appeals to amateur and professional traders alike. Another significant fact about Bit4X is the lack of KYC/AML verification, with many traders appreciating

    Bit4X Launches New Backend & Referral System with 100% commissions!

    | 2015/10/16 3:00 pm
  • Whenever the terms “government” and “surveillance technology” are mentioned in the same sentence, people will hold their breath in anticipation of another scandal. A recent report, published by Privacy International, documents the campaign to vanquish Ugandan President Yoweri Museveni’s opposition movements. If that wasn’t enough, the report also claims a new communications monitoring center is on the horizon. Also read: BITMIN Quarter of Way through Crowdfund Campaign, New Cloud Mining Company! FinFisher – Taking Invasive

    Ugandan Government Allegedly Uses FinFisher Spyware

    | 2015/10/16 10:33 am