• The Ethereum Classic team addressed the current ICO hype, warning against “manipulative crowdsale tactics,” while promising not to vouch for coin offerings “in the same capacity” as the Ethereum Foundation.  Ethereum Classic on ‘Irrational Appcoin Exuberance’ The Ethereum Classic development team has shared its opinion on what Nick Tomaino’s called, the “Irrational Appcoin Exuberance.” This exuberance is currently seen in Ethereum and may soon come to Ethereum Classic as more capital flows into the network. Citing concerns regarding

    Ethereum Classic Takes Stance Against ‘Manipulative Crowdsale Tactics’

    | 2017/04/27 8:30 am
  • Bitcoin wallet provider and security platform Airbitz has released an update allowing users to choose which nodes they connect to. Airbitz: Choice Is Part Of ‘Bitcoin Ethos’ In a post Monday, the company cited “choice” as part of the “Bitcoin ethos” as motivation for letting wallet holders decide the nodes they want to relay transactions with. Our latest release, v 2.4.1, is now out in iOS and Android! https://t.co/uj5wo0hAOq pic.twitter.com/KExIodjODP — Airbitz Inc (@Airbitz) April

    Airbitz New Release Lets Users Choose Their Node Allegiances

    | 2017/04/25 1:00 pm
  • The latest data from Bitcoin remittance app Bitwala reveals a growing trend in Bitcoin adoption among citizens of developing countries. ‘Steep Adoption Rate’ Bitwala, a Bitcoin-based remittance app, shared some user statistics in its blog post yesterday in which we can see that Bitcoin is becoming increasingly popular in certain developing countries. The blog post reveals a “steep adoption rate” in developing countries both from Africa and Asia, the two continents with the highest number of unbanked citizens. Bitwala reveals that,

    Bitwala Sees ‘Steep’ Bitcoin Adoption in Developing Countries

    | 2017/04/13 8:30 am
  • Microsoft is continuing its Blockchain journey by integrating Stampery into Microsoft Office Outlook with cross-compatibility. Office Applications Verify Docs On Bitcoin, Ethereum Stampery, which provides verification of documents against both the Bitcoin and Ethereum blockchains, will be accessible for verifying emails without users leaving Outlook itself. “Stampery provides this functionality today by creating hashes of documents submitted through the web and storing them on the Ethereum and Bitcoin public blockchains. To enable this capability, Stampery provides

    Microsoft Office Can Now Verify Docs on the Bitcoin Blockchain

    | 2017/04/12 10:00 am
  • Cryptocurrency gambling is traditionally thought of as a marginal industry; in fact, it has earned 3.7 million BTC in less than three years. 16,000 BTC Profits and Counting The astronomical figure is the result of data collected since December 2014 by umbrella resource The Bitcoin Strip. While by no means all of the 66 casinos covered were in operation at the time, the statistics provide further concrete evidence of a sector which is both rapidly expanding

    2.5 Years, 3.7 Million BTC: Gambling is the Dark Horse of Cryptocurrency

    | 2017/04/11 8:00 am
  • The parent company of cryptocurrency exchange Bitfinex, iFinex, is suing Wells Fargo over disruption to wire transfers. Bitfinex: Court Move To ‘Prevent Precedence’ Court documents filed by the company, along with fellow conversion service Tether.to in San Francisco, relate to the global bank allegedly blocking outgoing wire transfers to the banks servicing them. “Wells Fargo has suspended U.S. dollar wire transfer operations needed to remit to plaintiffs’ customers U.S. dollars that the customers deposited with

    Bitcoin Bites Back: Wells Fargo in Court After Halting Exchange Transfers

    | 2017/04/08 7:30 am
  • Bitkan has said the consumer Bitcoin scene in Japan is still “difficult to use” after staff conducted an investigation in Tokyo. Bitkan: Japan Bitcoin Payments Still ‘Difficult’ The decentralized trading platform, which is headquartered in China but looking to expand into the Japanese market, also released a documentary film about using Bitcoin in the country in 2017. Last month, Bitkan organized a Tokyo Bitcoin meetup which saw some of the largest ever audiences debate the

    Bitkan Experiment Shows Japan is No Bitcoin Mecca on the Ground

    | 2017/04/07 1:00 pm
  • German Blockchain loans provider BitBond has partnered with BitPesa to facilitate payments directly to Kenya mobile accounts. BitBond: Sub-Saharan Africa is 10% of Our User Base The international partnership comes as Sub-Saharan Africa grows to 10% of BitBond’s user base and BitPesa’s popularity in its native Kenya continues. BitBond CEO Radoslav Albrecht said in a blog post Tuesday: This means that a small business owner from Kenya can receive loan funding from investors from all over

    BitPesa & BitBond Jumpstart Bitcoin Blockchain Loans to Kenya

    | 2017/03/30 8:00 am
  • Taxing times continue at Coinbase as the Internal Revenue Service (IRS) reveals only 800 people report Bitcoin gains on returns annually. IRS: 800 People Per Year Reporting and Falling The exchange and wallet provider is currently facing enforced submission of its transaction records after the IRS went to court earlier this month. In data released as part of the lawsuit, the authority reveals that in 2015 only 802 people reported Bitcoin gains on tax form 8949, and that

    IRS: Only 800 People Reported Bitcoin Earnings Per Year

    | 2017/03/20 6:00 am
  • Pioneering Bitcoin merchant CheapAir has seen equivalent 74% increases in Bitcoin purchases in the past six months. CheapAir: ‘Accepting Bitcoin Has Been Great for Us’ As Bitcoin remains around all-time highs, the company said recent growth had had a dramatic effect on sales of air tickets bought with the cryptocurrency. “Accepting bitcoin has been great for us,” CEO Jeff Klee said in a press release Thursday. CheapAir began accepting Bitcoin for its flight and hotel

    CheapAir Records 74% Increase In Bitcoin Sales as Price Grows

    | 2017/03/10 3:30 am
  • BitPay has announced it is raising its minimum invoice amount from 4 cents to $1 as an “exponential” increase in miner fees takes its toll. BitPay: Micropayments Becoming ‘Uneconomical’ In a release Wednesday, the payment provider said that amid record transaction volumes, the change “will protect consumers from creating un-economical transactions and remove our own risk for processing unprofitable transactions.” “Now that fees are reaching an average of $1 per transaction across the Bitcoin network,

    Bitpay Raises Invoice Minimum 2400%, CEO Says Bitcoin ‘Working Perfectly’

    | 2017/03/09 5:30 am
  • Google has said the world should stop using SHA-1 cryptographic hash function and move on to SHA-256 – the cryptography used in Bitcoin. Google: Move to SHA-256 ‘More Urgent Than Ever’ In a release late last month, the company said it had successfully achieved the “world’s first SHA-1 collision,” an experiment where two pieces of data share the same hash. The research was a joint project between Google researchers and the Centrum Wiskunde & Informatica

    Google: It’s ‘More Urgent Than Ever’ to Use Bitcoin’s Encryption

    | 2017/03/05 6:00 am
  • Kraken has acquired charting platform Cryptowatch in an effort to improve its interface and cryptocurrency trading experience. Kraken Snatches Cryptowatch San Fransisco based cryptocurrency exchange Kraken has announced the acquisition of Cryptowatch, a popular charting and trading platform to improve its own trading platform. The latest move by Kraken will allow clients to have direct access to an upgraded Cryptowatch trading interface through the Kraken platform itself, introducing users to a tool that is already used

    Kraken Continues M&A Spree: Acquires Cryptowatch Charting Platform

    | 2017/03/01 1:00 pm
  • Tuesday saw Vitalik Buterin introduce Ethereum’s latest venture, the Enterprise Ethereum Alliance (EEA), as the platform gained rare mainstream media praise. Ethereum Alliance to ‘Retain Compatibility with Public Ethereum’  At a launch event in New York, Buterin presented what an accompanying press release calls “enterprise collaboration [driving] Ethereum blockchain technology best practices focusing on security, privacy, scalability, and interoperability.” EEA seeks to propagate Ethereum blockchain technology for individual business use cases. Any company could benefit

    New Enterprise Ethereum Alliance to Bridge Public & Private Blockchains

    | 2017/03/01 2:30 am
  • Brock Pierce of Blockchain Capital LLC is to become the first venture capital fund to issue its own digital tokens. Pierce: ‘This Will Completely Disrupt VC’ The Bitcoin Foundation director’s Blockchain VC fund will issue tokens as part of a $50 million USD fundraising round, which will also include convention investments. “We think this is going to change the game, this is going to completely disrupt the VC industry,” Pierce said quoted by Bloomberg. Blockchain Capital

    Brock Pierce: First-Ever VC Fund ICO Will ‘Disrupt Industry’

    | 2017/02/25 5:00 am
  • Switzerland’s southernmost canton of Ticino is launching its own cryptocurrency for local use, but its regulatory status remains uncertain. Another Local Crypto For Switzerland Two developers from Ticino, on the border with Italy, conceived Ticinocoin (TIC) as a means of keeping value circulating locally, Finextra reports. “Regional virtual currency based on the blockchain technology is expected to stimulate the local economy offering faster, more transparent and less expensive transactions,” it writes. However, Michele Fiscalini, one

    This Swiss Canton Now Has Its Own Cryptocurrency Awaiting Approval

    | 2017/02/22 3:00 am
  • Bitcoin privacy may be reduced with the launch of QLUE alongside other deanonymization tools used to trace Bitcoin transactions and reveal user identities. QLUE for Law Enforcement on ‘Financial Crimes’ Although Bitcoin is known for being used in criminal activities like the sale of illicit items on the deep web, its pseudonymous nature makes it less than optimal for cyber criminals. But the misconception that Bitcoin is untraceable is a common one and it’s often still referred to as

    QLUE Wants to Unmask Bitcoin Users Committing ‘Financial Crimes’

    | 2017/02/21 11:00 am
  • The number of Bitcoin ATM’s has surpassed 1,000th, a milestone in the history of Bitcoin that marks the continued growth of its infrastructure across the globe. Bitcoin Hits 1,000 BTM’s Today, CoinATMRadar celebrates the submission of the 1,000th Bitcoin ATM on their website. A significant moment for the website that tracks the presence of these machines worldwide, but even more so for the Bitcoin community in general. The current number of Bitcoin ATM’s currently stands at 1,002, according

    Achievement Unlocked: Bitcoin Surpasses 1,000 ATMs Worldwide

    | 2017/02/17 9:00 am
  • Looking for a free ticket into the Crypto world? Bitcoinist has got you covered with four ways to get Bitcoin without having to spend a cent. You Don’t Need Money to Get Bitcoin As Bitcoin price continues to rise, it’s getting ever more expensive to buy for the average person. But earning bitcoin might just be the best way to accumulate this digital gold. Even Bitcoin expert, Andreas Antonopoulos, admitted in one of his many talks,

    4 Ways to Get Bitcoin Without Spending Any Money

    | 2017/02/16 12:00 pm
  • Two Hawaii politicians have submitted a bill calling for a dedicated Blockchain research group and “an educated and measured approach” to regulation. Blockchain to ‘Benefit Local Businesses and Residents’ in Hawaii House Bill 1481, sponsored by democrats Chris Lee and Mark Nakashima, is currently awaiting approval by state legislators after submission January 25. State committee members considering it have already suggested it should be passed, subject to certain amendments which have yet to be made

    Hawaii Recommends Passing Bill For ‘Educated’ Blockchain Regulation

    | 2017/02/05 3:00 pm
  • Venezuela’s largest Bitcoin exchange Surbitcoin is no longer trading locally after its bank suddenly suspended withdrawal and deposit services. Surbitcoin To ‘Establish New Business Structure’ In a statement Thursday, the exchange said it would be forced to cease operations for at least two weeks while it “establishes a new business structure with new improvements and security measures.” Users had only one day to withdraw funds, the February 3 deadline having already passed. Any capital still held

    Venezuela Shuts Down Bitcoin Exchange, Arrests More Miners

    | 2017/02/04 12:00 pm
  • United Arab Emirates’ National Bank of Abu Dhabi (NBD) has unveiled a partnership with Ripple to begin cross-border remittances via blockchain technology. UAE Taps Bank-Blockchain Pioneer The move, announced Wednesday, means NBD is the first Middle East and North Africa sector bank to commence operations with the technology. “Blockchain technology transforms and paves a new way in achieving our goals and better serve our customers, adding value through accessibility and transparency,” CPI Financial quotes Ramana Kumar, Managing Director

    Abu Dhabi Bank Picks Ripple for Its Blockchain Remittances

    | 2017/02/01 9:00 am
  • Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft.  Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new

    Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

    | 2017/02/01 5:00 am