• On April 13, 2015 the Free Republic of Liberland was officially formed by a group of Czech citizens. The newly formed country of Liberland is a three square mile plot of land between Serbia and Croatia. The President of Liberland, Vit Jedlicka, has confirmed that Liberland will not have an official currency nor a printed currency. The country will however, accept all currencies, both bitcoin and other digital currencies. Also Read: Bitcoin House Taiwan: Enjoy a

    Liberland: Europe’s Newly Formed Country to Use Bitcoin

    | 2015/04/24 5:00 pm
  • Update: Gavin Andersen has contacted us via Twitter regarding this article. He has stated that he is still the Chief scientist for the Bitcoin Foundation. Bitcoinist is reaching out for additional comments, and apologizes for the confusion.   Gavin Andresen, if you do not know, is a well-regarded Bitcoin celebrity of sorts. Most known for his work for Bitcoin, Gavin has access to the alert key that allows him to broadcast messages about critical network

    Gavin Andresen Leaves Bitcoin Foundation; Joins Digital Currency Initiative

    | 2015/04/24 1:00 pm
  • Bitcoin debit cards are a great way to unify disruptive technology and existing infrastructure. While the merchant won’t even notice you are paying in Bitcoin – they just see you use a Visa or Mastercard debit card – you will know and feel the difference on your bank account. One of the major up-and-coming companies in the Bitcoin debit card space is E-Coin, and they have released their Reseller and White Label Card API. Also

    Bitcoin Debit Card Issuer E-Coin Reveals API Packages

    | 2015/04/24 8:00 am
  • Earlier this week, ShapeShift.io announced its latest move; the exchange integrated Tether into its platform. This addition enables access to fiat currency for the platform users. Also read: ShapeShift.io Integrates Monero and Counterparty Tether is the first blockchain-enabled platform that allows fiat currency to be used like digital cash. Tether digital cash is a token working on top of the blockchain and backed by fiat currency. By combining Bitcoin’s instant transactions with a fiat-pegged token, Tether hopes

    ShapeShift.io Adds Tether USD To Its Instant Exchange

    | 2015/04/23 7:00 pm
  • The Bitcoin community has always speculated that Mt. Gox was insolvent before its collapse in early 2014. A new study done by WizSec now confirms this speculation. The study reports that MtGox was insolvent long before it collapsed, with thieves were routinely stealing bitcoin from the exchange’s reserves. Also Read: Mt. Gox Investigation Continued: WizSec Report Released! The WizSec study also confirms that the majority of the missing Gox bitcoin was stolen by someone on the inside — echoing a report

    WizSec Study: Mt. Gox Insolvent As Early As 2011

    | 2015/04/23 3:00 pm
  • Today the Bitcoin community was presented with great News. It seems that MTGox customers will now be able to claim their lost Bitcoin. An MTGox trustee has opened a two-way process for customers who lost their funds. MtgGox customers will be able to initiate this process either through Kraken or through claims.mtgox.com, a special MTGox platform created for this purpose only. Also Read: Bitcoin Exchange Kraken Revamps Their Website for Margin Trading “This website makes

    MTGox Customers Will Be Able to Retrieve Their Funds

    | 2015/04/22 10:15 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
  • Just a few days ago, I came across an interesting new project called “Bitcoin House Taiwan”. Not sure what to make of it at first, I decided to check their thread on BitcoinTalk and post a reply.  A little while later, Eduard, one of the people working on the project, added me on Skype and started explaining it to me. And I have to say, Bitcoin House Taiwan is not just an idea, but it’s

    Bitcoin House Taiwan: Enjoy a Slice of Paradise

    | 2015/04/22 3:00 pm
  • Bitcoin has gained recognition in the gambling industry due to the benefits it provides both gamers and businesses. its ability to benefit both the user, as well as the business. BitPlay is now aiming to increase Bitcoin’s role in the gaming industry, launching the BitPlay Network. Also Read: Apple removes Sarutobi from App Store BitPlay Today Inc. is a privately held, Boston-based startup that is working to increase mainstream bitcoin adoption by developing mobile games that

    BitPlay Network Expands Bitcoin Gaming

    | 2015/04/22 8:00 am
  • Australia has been one of the frontrunners in terms of regulating digital currency, which has proven to be a very difficult task if you want to do it properly. At the end of 2014, a decision was made to tax Bitcoin in such a way that a fee would have to be paid when sending funds to pay for goods or services, and another fee would be invoked for providing an intermediary service for customers.

    Additional GST For Bitcoin And Digital Currencies in Australia?

    | 2015/04/21 7:00 pm
  • Coinmate.io, a new UK-registered bitcoin exchange has just launched. Coinmate.io features USD/bitcoin trading, 0.2% trading fees, and free deposits and withdrawals for Euros, Czech Koruna, and the Polish Zloty. Launched on April 15th, Coinmate.io aims to provide a quality exchange service for Europe and the rest of the world. Coinmate.io is equipped with multiple layers of security to protect users. Also read: Interpol Creates its Own Cryptocurrency to Fight Virtual Currency Crime Disclaimer: The author

    Coinmate.io: New Bitcoin Exchange Launches in Europe

    | 2015/04/21 3:00 pm
  • The Ripple payment network is facing criticism this week over revelations about the liquidity of some of its assets. It’s come to light that Ripple gateways — the onramps and offramps of the network — have the ability to “freeze” user funds at will. Furthermore, Ripple Labs has already used its influence to convince Bitstamp, a prominent gateway and exchange, to freeze $1 million worth of funds belonging to Ripple’s departed founder Jed McCaleb. Also

    “Not-So-Decentralized” Ripple Freezes $1m in User Funds

    | 2015/04/21 8:00 am
  • The Finnish Pirate Party, also known as Piraattipuolue in Finnish, ran in the Finnish Parliment elections on Sunday, April 19th, 2015. Bitcoin donations to the party have skyrocketed in the last month, exceeding over 10,000 Euros of BTC, more than the 4,000 Euros they received from all donation channels last year. This shows not only that the party is growing significantly, but also that Bitcoin is increasing in popularity within the party. The FPP’s platform focuses

    Bitcoin Donations to Finnish Pirate Party Skyrocket

    | 2015/04/20 7:00 pm
  • Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door

    The Economics of Bitcoin Mining Centralization

    | 2015/04/20 5:00 pm
  • Litecoin will go down in the digital currency history books as the second cryptocurrency to ever employ a different algorithm than Bitcoin’s. Ever since Litecoin’s creation, we have seen many Scrypt-based alternate currencies emerge, yet Litecoin will always remain the very first to do so, cementing its legacy. However, it looks like a rebrand is in order for Litecoin. Also read: Litecoin Association Takes Step Forward and Launches Litecoin.com Litecoin: First Scrypt Coin, Little Innovation Since Many

    Litecoin Undergoes Changes With Official Branding Guide

    | 2015/04/20 3:00 pm
  • Bitcoin continued to decline from the $240s earlier this week, hitting a floor at around $220. The price is currently retesting new levels between $220 and $230, but that seems to be a losing battle with the price still trending downwards. Also read: Bitcoin Market Wrap Up: 4/5-4/15: BTC, LTC, and Dash Down, Crave Cut Short Volume has also been quite low this week, reaching slightly over $15 million for today’s 24 hour trading volume. This

    Bitcoin Market Wrap Up 4/12 – 4/19: Market Patterns Continue, Crave Bounces Back

    | 2015/04/20 8:00 am
  • For a coin that hasn’t even officially launched yet, NeuCoin has been making strides to be a consumer-friendly cryptocurrency with a focus on micropayments. NeuCoin markets itself on being the first cryptocurrency that: makes it easy for regular consumers to access and use is free for consumers to try out with zero friction is designed for online micropayments (from $.01 to $1), an area where traditional payment methods are unviable or inefficient is distributed not just to miners,

    Neucoin Announces Presale to be Held on April 28

    | 2015/04/19 7:00 pm
  • This week, Bitcointalk administrator Theymos, contacted every participant in several discussions over the Butterfly Labs case. The reason for this contact was a court decision in which the Bitcointalk admin was forced to reveal information regarding the case. Also Read:  US Goverment shuts down Butterfly Labs! Early this week, Theymos received a subpoena related to the BFL case (FTC Case No. 14-CV-2159-KHV-JPO) forcing him to release private messages connected to BFL. Theymos later opened a thread and sent an email to

    Bitcointalk Court Ordered to Release Butterfly Labs Messages

    | 2015/04/19 3:00 pm
  • The Chamber of Digital Commerce will host an Anti-Money Laundering (AML) Compliance Bootcamp for Digital Currency in New York City on April 30 – May 1, 2015. On May 2, a separate AML Program Drafting Workshop will be held as well. The bootcamp and workshop are meant to provide education on AML and OFAC compliance specifically for bankers and professionals in the digital currency industry. Also Read: Oliver Janssens and the Bitcoin Foundation’s Woes The Chamber

    Chamber of Digital Commerce to Host AML Compliance Bootcamp

    | 2015/04/19 8:00 am
  • 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
  • Coinify, the company that allows merchants to accept Bitcoin payments in next-day settlements, has entered into a partnership with PensoPay. PensoPay a service that enables free, instant settlements in a fraud-free and chargeback free Bitcoin payment environment.As a result of this partnership, PensoPay has become a Coinify Certified PSP Partner.  Also Read: vibist In a press release, Coinify, announced, “Effective as of March 15, 2015, the agreement entitles PensoPay the right to promote, advertise, and sell the

    Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept Bitcoin Payments

    | 2015/04/18 7:00 pm