• This week proved to be a quiet one as the community showed little activity following the Christmas holiday and going into New Year’s. The price grew during the week, but not much; overall, we saw a 0.97% growth. There were a few bits of interesting news to break up the monotony of the price’s sideways pattern, but even then the post-Christmas week did not yield much excitement.  Also read: Bitcoiners Beware: Microsoft has your Encryption

    Bitcoinist Weekly News Re-Hash: Samsung Pay Hits Online Shopping, Moe Levin Talks 2016

    | 2016/01/04 8:00 am
  • To people active in the Bitcoin world, certain things started making sense quite some time ago, while the rest of the world is still catching up. Blockchain technology – which powers the Bitcoin network – can be used for so much more than just financial services. A recent article details how the Reserve Bank of India acknowledges the potential of the blockchain, including protection against counterfeiting. Also read: Visa: 2015 is the “Year Of Payments,”

    Reserve Bank of India Publicly Endorses Blockchain Technology

    | 2015/12/28 3:27 am
  • This week, the bears tested the bulls’ control over the market, attempting to shake them on Sunday. The bitcoin price just barely made a gain during the week after the massive drop on Sunday from the $460s into the $430s. Overall, the price increased by 0.61%. Also read: U.S. National Security Report: ‘Virtual Currencies Can Disrupt Sovereignty’ Daily Bitcoin Price Action December 14: $436.35 December 15: $451.18 December 16: $451.18 December 17: $453.07 December 18:

    Bitcoinist Weekly News Re-Hash: Central Banking Against Bitcoin, Bears Take the Market?

    | 2015/12/21 8:00 am
  • In many of the underdeveloped countries, a big part of the population lives outside of urban centers and has no easy access to a Banking infrastructure.

    GOLD: Banking the Unbanked

    | 2015/12/20 8:00 am
  • Sakura Internet, one of the top cloud providers in Japan and Tech Bureau, have recently signed up to take part in Mijin’s CloudChain open beta test. Mijin is a platform that was created so individuals and organizations can quickly deploy permissioned blockchains and use them in a “production environment.” The company is now offering a first-come, first-serve free distributed ledger for six months. CEO Takao Asayama told Bitcoinist: “We are pleased to roll out this

    Mijin: ‘Offering Blockchains To The World for Free’

    | 2015/12/16 7:27 am
  • Just recently a new hunt for Satoshi Nakamoto has come back to life. Many mysteries of the digital currency’s path had entered the public eyes especially concerning the early days of Bitcoin’s existence. Questions were asked in regards to Satoshi’s anonymity and his possible linkage with people like Craig S. Wright, which brought quite a bit of new detectives to the table. Also read: Russia’s Sberbank Openly Shows Interest in Blockchain Technology On January 9, 2009,

    Bitcoin Is More Anonymous Than We Think

    | 2015/12/13 10:08 am
  • The Inside Bitcoins conference is coming to Seoul, South Korea on December 9-11, 2015, and San Diego, California on December 14-16, 2015. One individual who will be speaking at the events will be Hans Lombardo of allcoinnews.com on the subject of Bitcoin and small business. Lombardo has 16 years of experience with disruptive technologies and uses his knowledge to run the news publication he co-founded amongst his many projects. The media outlet provides editorials featuring decentralized

    Hans Lombardo: ‘Bitcoin Can Help So Many People In The Developing World’

    | 2015/12/05 8:00 am
  • The third annual Latin American Bitcoin Conference takes place this week in the beautiful and bustling Mexico City on December 4th and 5th. Also read: PNC Bank Plastic Card Issue Shows Why The World Needs Bitcoin With over forty speakers, some of the world’s most influential bitcoiners will discuss technology behind Bitcoin, and give advice to startups, opine on the pace of global Bitcoin adoptions, merchant tools, nation state-related compliance and more. Bitcoin Industry Leaders

    Latin American Bitcoin Conference 2015 Brings Digital Currency to Mexico City

    | 2015/12/04 5:28 pm
  • Giving Tuesday is coming December 1st and this year BitGive the first 501(c)(3) Bitcoin nonprofit is using its donations towards their Bitcoin Charity 2.0 Initiative. The plan is to create a transparency platform for donors and organizations using the blockchain for philanthropy. Also read: Less Taxes and More Bitcoin Donations with the BitGive Foundation and LibraTax Founded in 2013 by Connie Gallippi BitGive was one of the first nonprofit charities representing the grassroots Bitcoin community.

    Giving Tuesday Is Coming With BitGive

    | 2015/11/29 8:00 am
  • Bitcoin has been “unbanned” in Taiwan. Well, that’s not exactly accurate. Sources are claiming that the digital currency was never banned in Taiwan in the first place, despite Central News Agency’s — one of Taiwan’s largest media outlets — recent report that the country’s Financial Supervisory Commission (FSC) labeled bitcoin and digital currencies “illegal.” The words are attributed to Tseng Ming-Chung, an FSC officer who during a legislative hearing, allegedly referred to digital currencies as “unlawful.” Also read:

    Taiwan: There is no Bitcoin Ban

    | 2015/11/15 8:00 am
  • The Bank of Canada may be starting an initiative that will look into changing their monetary policies. The central bank’s second in command Carolyn Wilkins had some encouraging words to say about Bitcoin. It’s possible they are tired of the results of quantitative easing and manipulated interest rates so they have begun looking into alternative tools that may stave off the financial crisis and a stagnate economy ahead. Also read: Bitcoin in Business: Smart Contracts

    The Bank Of Canada Is Siding With Bitcoin

    | 2015/11/14 8:00 am
  • Discussions about changing the dynamic code that runs the Bitcoin blockchain should constantly be happening. Over the course of the past year, the talks of changing the block size have been an overwhelming topic of conversation. There have been some pretty stubborn people when it comes to changing the protocols code, and this is not to say that forking the code is the right step. There has been censorship and subsequently has created a rift

    Bitcoin: Discussing Code Changes Is Half The Battle

    | 2015/11/03 8:00 am
  • The BitUnit Foundation is holding a Bitcoin blockchain conference in Accra, Ghana, in the region of Dansoman, on November 28, 2015. The group will introduce to attendees the importance of the digital currency and its underlying technology. Founder Richmond Asumin, also known as “Colours,” teamed up with local friends to create entrepreneurs in the African market, and gravitated to cryptocurrency education. Promoting Bitcoin was the natural choice for the young group, who wishes to eradicate disease and

    BitUnit Foundation to Host Bitcoin Conference in Ghana

    | 2015/10/27 8:00 am
  • 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
  • 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
  • Carl Force IV, the DEA agent who pled guilty earlier this year will be facing sentencing on October 19th for his crimes as a rogue officer. The crimes committed were extortion, money laundering, and obstruction of justice during the Silk Road investigation and the arrest of the Dread Pirate Roberts (DPR). Force and his colleague Shaun Bridges were known special task force agents who went rogue while working undercover on the Silk Road case. The two

    Silk Road Agent Carl Force Asks For 7 Years

    | 2015/10/16 8:15 am
  • The Hellenic Bitcoin Community (HBC) is hosting its first Blockchain Hackathon in Athens, Greece on October 17, 2015. The Chainthon — as it’s called — will be hosted at Orange Grove (Leoforos Vasileos Konstantinou 5), offering a fun-filled coding experience and discussions for everyone involved. The theme of the event is called “We Hack Crisis,” derived from the economic crisis happening in the region. Also read: How Bitcoin will Make GoPro Awards Even Better The HBC

    October 17: The First Blockchain Hackathon In Greece

    | 2015/10/15 8:00 am
  • On October 2 the National Bank of Ukraine warned regional banks and executives of the certain risks using virtual currency. This comes after previous warnings in 2014 with the financial institution giving similar warnings. Due to the Bitcoin conference in Kiev many in the banking community have seen a surge of interest in the digital currency. This newly found enthusiasm can be seen with many participants at conferences and meetings held amongst the Ukrainian banking

    Ukraine’s National Bank Warns About Bitcoin

    | 2015/10/04 7:30 am
  • A society without physical money is already becoming very apparent in our world. Most people do not use cash or checks like they used to 20 years ago. Currently, there is only 8% of hard physical cash represented in the world, and the rest of our money is pure digits. It’s not hard to see that this is a reality as people use mobile banking, debit cards, and online payments. People can go for quite

    Bitcoin Is Superior To Cashless Systems Used Today

    | 2015/10/03 8:34 pm
  • Bitcoin and the underlying technology of the blockchain has become a pretty important invention of our time. The cryptocurrency application itself has given us a sketch of new meanings that apply to money and mediums of exchange. The blockchain can house and transact with unlimited amounts of valued assets through its publicly distributed ledger, and among these valuable building blocks is unforgeable data. This data can lead to incredible concepts produced by the blockchains transparency

    Blockchain Identity: Solving the Global Identification Crisis

    | 2015/09/27 8:00 am
  • Bankymoon, a South African-based Bitcoin solutions company, is changing how people pay for utilities, making them more affordable. Bitcoinist spoke with Lorien Gamaroff, founder and CEO of Bankymoon, to find out more about the utility crisis in Africa and what Bankymoon is doing to solve it. Lorien, a South Africa native, shared with us about the crisis and how it is impacting Africans and the education system. Also Read: Bankymoon Offers Bitcoin Solution For Paying Utility

    Blockchain Smart Meters: Solution to Africa’s Utility Crisis and Struggling Schools?

    | 2015/09/21 3:00 pm
  • Diamond is a cryptocurrency aimed to allow users to store personal wealth securely. By keeping the max coin supply at 4.38 million, Diamond is ensuring the currency remains scarce and valuable, similar in characteristics like the precious commodity it is named after. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with Diamond and is not responsible for its products and/or services. Cryptocurrencies have the possibility of having a profound impact

    Diamond:Be Your Own Bank and Creator of Wealth

    | 2015/09/13 1:00 pm
  • Russian citizens face a huge challenge to their right to privacy as the government has passed the law requiring firms to store the data of Russian citizens on Russian soil. These new rules are being seen as a way for Russian president Vladimir Putin to tighten control over the internet, and have generated controversy about the possible impact this move may have on the world’s largest Internet companies. Customer privacy is also of concern, as well

    Controversial new Russian law Dangerous for Online Privacy

    | 2015/09/13 8:00 am