• Chinese gamblers and stock traders are nursing their wounds after Macau authorities reversed a decision to limit their daily withdrawals to 5,000 patacas ($626). Macau Investors Easily Spooked The original announcement sent shares in casinos tumbling, Reuters reports, with seasoned gamers also looking at their incomes being strangled. Macau, which generates around 40% of GDP from the gambling industry, will nonetheless keep a new ATM transaction limit of 5,000 patacas. The proposed limits would affect

    China Balks at Whack-a-Mole Capital Controls on Macau

    | 2016/12/09 8:05 am
  • Texas has seen no fewer than 11 Bitcoin ATMs open since October, with distributor Coinsource bringing the state up to par with leaders California and New York. Coinsource: ‘No Signs of Slowing Down’ The Fort Worth-based company plans to have a total of 70 machines up and running across the US by the end of the year, manufactured by Genesis Coin. “We are adding more and more ink spots to the map and there are

    Texas Adds 11 Bitcoin ATMs in Two Months as Demand Surges

    | 2016/12/08 12:00 pm
  • Developers and commentators have hit back at Circle CEO Jeremy Allaire after he announced his startup is permanently divorcing itself from Bitcoin. CEO Allaire: Bitcoin ‘Essentially Gridlock’ Allaire’s payments provider, once the darling of Blockchain investors, will instead focus on using the Blockchain for fiat money transfers. “The story is one of essentially gridlock amongst core developers, while mainstream companies are using this technology,” he told the Wall Street Journal Wednesday. “We’ve been deeply frustrated with that

    Goldman Sachs Spent $50M and All It Got Was This Lousy (Fiat) Startup

    | 2016/12/08 7:00 am
  • Chinese startup BlockCDN has announced the release and ICO for its set-top box miner, which uses spare bandwidth to mine cryptocurrencies. Also read:MONEY 20/20 RECAP: ETHEREUM, CONSUMER PROTECTION, INVESTMENT BlockCDN Miner is ‘Internet Waste Officer’ The software, currently only available for Android TV set-top boxes, is built on Ethereum smart contracts. The aim of the company is to create a content delivery network (CDN), which uses spare capacity to deliver content via a P2P network.

    BlockCDN TV Box Miner Uses Spare Bandwidth to Make Coin

    | 2016/12/04 1:00 pm
  • Changelly, a cryptocurrency exchange, is part of a growing movement to enable easier access and informative decisions for new users to trade altcoins. Also read: Bitcoin Price Activity Hints and Pending Growth in Stability Changelly Taps CoinGecko & CoinMarketCap Changelly providers CoinGecko and CoinMarketCap users with an option to instantly buy a cryptocurrency without leaving their websites. Each crypto page on these platforms has its own quick Changelly button “Buy/sell instanly” Coingecko and CMC users with an option to instantly buy

    Changelly Boosts Altcoin Trading with ‘Best Rate’ Tools

    | 2016/12/02 3:46 am
  • Who really understands what a blockchain is? Could you explain it to your mother? Chain CEO Adam Ludwin got down to fundamentals yesterday, as he explained his company’s intention to transform financial services by digitizing already-existing assets. Also read: Visa Introduces Blockchain-based Solution for Payment Services Ludwin spoke on a Tuesday afternoon panel with at the Money 20/20 Conference in Las Vegas. Blockchains Transform Finance From the Bottom Up Assets including U.S. dollars and Starbucks points

    Only Permissioned Blockchains Can Transform Finance, Says Chain’s Ludwin

    | 2016/10/26 4:37 am
  • In a recent video, young startup Lawnmower explained their recent pivot from “spare change” investing of bitcoin to becoming a more comprehensive research and trading hub for multiple blockchain assets. The founders also introduce the Lawnmower Blockchain Index (LBI).  Also read: Bet on MMA with Bitcoin: UFC 202, McGregor vs Diaz  Lawnmower: From Spare Change to Big Time Blockchain Investment One year ago, Lawnmower introduced its new mobile application to the public, along with its unique

    Can a Company Called ‘Lawnmower’ Reinvent Blockchain Investment?

    | 2016/08/16 5:00 am
  • Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services.  The World’s Most Affordable Bitcoin ATM Austin, Texas (July 7) – Blockchain Innovation, announced today the official release of their highly anticipated Bitcoin ATM, the BitTeller. With the growing popularity of cryptocurrency; developing and producing the BitTeller was a no brainier for blockchain Innovation. The BitTeller is a small but powerful Crypto­ATM system designed to provide a safe and

    Blockchain Innovation Announces the Release of the Simple, Fast, and Secure BitTeller ATM

    | 2016/07/09 4:19 pm
  • Malware is being distributed in a wide variety of ways these days. Security researchers have managed to track down the distribution of Pirrit aware to an online marketing company based in Israel. As it turns out, a new version of the adware is in circulation right now. Albeit this adware is targeting Mac OS X users specifically, it is still a significant threat. Also read: The Halving Month Is Here; What Will Happen to the

    Israeli Advertising Firm TargetingEdge Spreads Pirrit Adware

    | 2016/07/07 5:34 am
  • Cryptocurrency enthusiasts will recall the story of several hospitals being infected with Bitcoin ransomware earlier this year. A new study on how hospitals treat patient privacy and confidentiality shows how malware attacks are not the biggest concern. Poor security practices can be found everywhere, putting patient information at risk unnecessarily. Also read: Necurs Botnet Resurfaces With Updated Locky and Dridex Versions The report, titled Workarounds to Computer Access in Healthcare Organizations, paints a very worrisome

    New Report Shows Healthcare IT Security is On Wobbly Legs

    | 2016/06/25 5:00 am
  • Now that the Bitcoin price has been skyrocketing, more transactions are taking place on the network as well. Similar to what happened a few months ago, network congestion is taking place once again. Bitcoin Core developers are being scrutinized once again for their seemingly unwillingness to up the block size anytime soon. Also read: Review: Bitmain AntMiner S9 First 16nm ASIC to Market Miner Various Bitcoin community members are getting annoyed with the current congestion issues

    F2Pool Votes on 8MB Blocks To Alleviate Bitcoin Congestion

    | 2016/06/16 5:19 am
  • Apple is taking an unusual stance on privacy. The company has no plans to collaborate with law enforcement on decrypting their own devices, though. Instead, the technology giant will focus on differential privacy, to compete with Google and Facebook. Also read: One Bitcoin is Worth 51 Million Hacked iMesh Accounts Apple has been making media headlines regarding privacy in the past few months. Ever since the San Bernardino case, the company has been adamantly clear

    Apple Plans To Introduce Differential Privacy Very Soon

    | 2016/06/15 4:30 am
  • People who have been using the Internet for quite some time now will recall the name iMesh, a once popular peer-to-peer file sharing platform. Although this platform has been defunct for some time, a hacker managed to obtain a database containing 51 million accounts. Obtaining this information can be done through The Real Deal deep web marketplace, for the price of one Bitcoin. Also read: Cerber Bitcoin Ransomware Now Includes Malware Factory Automation Data breaches

    One Bitcoin is Worth 51 Million Hacked iMesh Accounts

    | 2016/06/14 12:23 pm
  • Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether, the cryptocurrency that powers the Ethereum network. Alongside their established services which have primarily focused on making bitcoin accessible to the general public, they have now streamlined the process of acquiring ether. As of Monday 13th of June, CoinTree users will be able to swap bitcoin for a variety of popular

    Australian bitcoin exchanges announce Ethereum support

    | 2016/06/14 2:20 am
  • Mond is a startup bank gaining a lot of attention, although not all of it is overly positive. As it turns out, the company will have to change its name due to a trademark dispute. Customers are now eligible to vote on the new name, and it is possible Banky McBankface will become the new brand name. Also read: Bitcoin Price, Market Cap Reach 2 Year High While it is positive to engage customers in

    Should Startup Bank Mondo Rebrand To McBankface?

    | 2016/06/13 4:17 am
  • The Jaxx wallet solution continues to take the cryptocurrency world by storm. Not only has the wallet added support for The DAO tokens, but the team also interacted ShapeShift. This will allow users to convert between all three wallet-supported currencies within the app itself. Adding more functionality to a cryptocurrency wallet is always a positive thing. Jaxx has always been priding itself on supporting multiple currencies, and the addition of The DAO token is a

    Jaxx Wallet Integrates Shapeshift Conversion Option

    | 2016/06/11 5:04 am
  • Belgian Bitcoin enthusiasts rejoiced at the news about the first ATM being installed in the country over a year ago. Ever since that time, however, a lot of things have changed. After the Coffeelabs owners had decided to remove the device, EBTM had to provide a new home for the ATM. That new home is known as Pizzeria Leonardo da Vinci. Also read: US Banking Regulators Warn About Imminent Swift Breaches Operating a Bitcoin ATM

    EBTM Moves Antwerp’s Bitcoin ATM To A New Location

    | 2016/06/10 9:34 am
  • Data breaches remain a lucrative business for Internet criminals, especially when they want to sell information for Bitcoin. A data dump containing over 33 million hacked Twitter accounts are now up for grabs in exchange for 10 Bitcoin. Also read: Lisk Adds Charles Hoskinson & Steven Nerayoff to Team According to ZDNet, the hacker selling these Twitter details has been linked to the recent LinkedIn, Tumblr, and Myspace data breaches. But this time, the individual

    Hacker Sells Twitter Data Dump On Deep Web For 10 Bitcoin

    | 2016/06/09 5:07 am
  • The Kerv ring has been spurring a lot of debate in the world of contactless payments since it was first announced. Albeit there have been some questions as to whether or not this product will come to consumers, the release seems imminent. A variety of funding methods will be supported, albeit Bitcoin is not on that list, unfortunately. Also read: Further Economic Woes In Turkey Create Bitcoin Opportunities Making contactless payments through wearables sounds inconvenient,

    Kerv Ring Will Support Different Funding Options But Not Bitcoin

    | 2016/06/08 10:10 am
  • Swirlds is a startup claiming to solve the limitations of blockchain technology, while harnessing the power of the cloud without servers. Ping Identity has announced their seed investment in this company, to leverage the power of blockchain without limits. Also read: Industry Report: Is Security in the Finance Sector Too Weak? Many people see the blockchain as a way to achieve distributed consensus in a variety of industries and through different use cases. Moreover, this

    Swirlds Addresses Blockchain Limitations With Hashgraph

    | 2016/06/07 9:27 am
  • Popular cryptocurrency exchange Poloniex is currently affected by an unexpected outage. According to the company’s social media accounts, a datacenter outage is to blame. All coins are safe, though, which is the most important news. Also read: Chinko Project Asks Reddit How To Best Spend Bitcoin Donations It is not the first time. Bitcoin companies are dealing with downtime these days. Just yesterday, BitGo was dealing with a severe DDoS attack, which made their services

    Poloniex Exchange Confirms Funds Are Safe Despite Outage

    | 2016/06/06 10:21 am
  • Albany, NY — Node40, the innovative masternode service provider, is announcing the addition of new price breaks for its users. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. “We’re constantly looking for ways we can save our customers money and remain competitive in this ecosystem,” says Node40 co-founder Perry Woodin. “The partnership we have with our customers is unique in the cryptocurrency space. Woodin adds, “Node40 consistently

    Node40 Announces New Price Points For Dash Masternode Hosting

    | 2016/06/04 2:53 pm