• As each day passes, merchants from all around the world are beginning to integrate cryptocurrencies into their business plans. At this moment in time, Smokeys Gardens, which is one of the largest daylily growers in the world, has recently announced that they have integrated DNotes, and that customers can now use this currency in order to purchase products from them. Disclaimer: This press release was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with

    Smokeys Daylily Gardens Accepts DNotes and Bitcoin

    | 2015/05/24 3:00 pm
  • For the first two or three years, arguably Bitcoin was a toy for nerds, and some dissenters might even go to say Bitcoin is just for anarchists and liberalists. However, as more people used it, and more companies started accepting it, Venture Capitalists and Wall Street started catching on. Also Read: Wall Street is Quickly Moving in on Bitcoin First it was just the small seed investment round here and there, usually investments below $100,000

    Are Wall Street and The Banks Trying To Circumvent the Bitcoin Blockchain?

    | 2015/05/24 9:00 am
  • Under the Defence Trade Control Act (DTCA), Australians could face up to ten years in prison for teaching encryption. Criminal charges will go into effect next year. The new legislation will make it illegal for Australians to  teach or provide information on encryption without having a permit. Also Read: Authorities Uncover Bitcoin-Funded Gunrunning Operation Australia’s Department of Defence originally passed the Defence Trade Control Act on November 13, 2012. However, amendments were made to the

    Teaching Encryption Soon to Be Illegal in Australia

    | 2015/05/23 7:00 pm
  • Allied Control is a Hong Kong-based technology company that specializes in building immersion cooling systems for supercomputing and data center applications. Allied Control has won the prestigious Green Innovations Award; the head of Hong Kong government even recognized the company for innovation in finding environmentally friendly industry solutions. BitFury, a leading Bitcoin infrastructure provider and Blockchain transaction processing company, recently acquired Allied Control with the intention of using the company’s immersion cooling technologies to help

    BitFury’s Allied Control to Reduce Energy Footprint For Chip Cooling

    | 2015/05/23 8:00 am
  • Update:  Clarification from Mr. Ver Roger Ver claims that the CEO of OKCoin forged a contract and then forged his name onto it; PGP cryptographic signatures have proven it to be a forgery. He says OKCoin going to such extremes so that it can get out of a $10,000/month payment. According to him OKCoin is already insolvent and doesn’t have the money.   Though OKCoin in its official blog post says it is abandoning the

    To Avoid Legal Hassle With Roger Ver, OKCoin Stops Managing Bitcoin.com

    | 2015/05/23 12:57 am
  • Security remains a key issue for any Bitcoin-related companies, especially those who try to unite this disruptive technology with the existing financial infrastructure. Multi-signature security implementations are on the rise, and Bitcoin Debit Card provider E-Coin has recently partnered with BitGo in order to further secure their platform. Also read:E-coin Takes Bitcoin Debit Cards To A New Level E-Coin – One of the Leading Bitcoin Debit Card Providers One way of making Bitcoin more accessible

    Bitcoin Debit Card Issuer E-Coin Partners With BitGo

    | 2015/05/22 3:00 pm
  • InvestYourWay, an online fund building platform, yesterday announced it was introducing Bitcoin as a new asset for investment. The company believes making an investment in digital currencies available as part of a diversified portfolio strategy. By offering Bitcoin as part of a fully diversified fund the firm becomes the first UK regulated investment manager to provide Bitcoin investment as part of a bespoke portfolio. Also Read: Blockchain Investor Inc. Offers Opportunities for Investors InvestYourWay clients

    UK Investment Manager InvestYourWay Offers Bitcoin-based Investment Fund

    | 2015/05/22 8:00 am
  • VeraCrypt, free disk encryption software bought from IDRIX, is now accepting Bitcoin donations. Based on TrueCrypt, VeraCrypt adds enhanced security to the algorithms used for system and partition encryption, which supposedly makes it immune to new developments in brute-force attacks. VeraCrypt decided to accept Bitcoin donations upon request from members of the Bitcoin community. Also Read: SendChat Tightens Bitcoin Security With BlockTrail Partnership is a source-available freeware utility used for on-the-fly encryption (OTFE) to create

    VeraCrypt, The TrueCrypt Replacement Now Accepting Bitcoin Donations

    | 2015/05/21 7:00 pm
  • BitPesa has made a name for itself in the world of Bitcoin-enabled remittance services. Up until this point, though, most of BitPesa’s efforts have been focused on Kenya, one of the most underbanked countries in the world. But yesterday, the company announced its expansion into Tanzania. Also read: BitPesa Raises $1.1 Million to Expand to New African Countries BitPesa: Sending Money To and From Africa Made Easy The remittance market is being dominated by a handful

    BitPesa Expands Bitcoin Remittance Service to Tanzania

    | 2015/05/21 3:00 pm
  • Kraken, a popular San Francisco-based cryptocurrency exchange, announced on Wednesday on the /r/BitcoinMarkets subreddit that its new margin trading option entered Beta launch. The launch of this option comes right after another popular exchange, Poloniex, opened a similar feature a few days ago. Also read: Bitcoin Exchange Kraken Revamps Their Website for Margin Trading What is Margin Trading? Margin Trading is the practice of buying stock with money borrowed from a broker. In this arrangement, the investor makes a

    Kraken Introduces Margin Trading

    | 2015/05/21 8:00 am
  • A clandestine operation conducted by the Australian Federal Police (AFP), in conjunction with the United States Homeland Security Investigations (HSI), has resulted in the toppling of an international illegal operation connected to bitcoin. The activities were partially funded through bitcoin and occurred through the so called “dark web,” which is a distributed network  where many online black market services are provided. Also read: Ross Ulbricht Found Guilty of Running Silk Road According to the press release issued

    Authorities Uncover Bitcoin-Funded Gunrunning Operation

    | 2015/05/20 7:00 pm
  • In recent weeks, we have seen an increased level of interest in Bitcoin in South American countries, such as Argentina. Is this the beginning of a Bitcoin boom in South America, or should we be more realistic? Also read: Chip Chap Lets You Buy Bitcoin From 5,000 Major Retailers South American Governments Wary of Bitcoin South American countries are notorious for their history financial instability. Not only are most countries plagued with hyper-inflationary local currencies such as

    Bitcoin in South America: Progress in the Face of Criticism

    | 2015/05/20 3:00 pm
  • The World Table is a Utah-based startup who specializes in Online Reputation Services. The company has recently announced the key elements of its online reputation product architecture, and has invited the technology and the digital currency community to participate and test their product.

    The World Table Builds an Online Reputation System

    | 2015/05/20 8:00 am
  • At the North American Bitcoin Conference in Miami, we were able to sit down for a one-on-one interview with Valery Vavilov, CEO of BitFury. So many changes have happened over the past couple years in the Bitcoin Transaction Processing industry (Bitcoin Mining), and many Bitcoin mining companies have began to branch out. BitFury has not only invested in and developed new technologies, but has also continued investing in themselves; the company’s talented team and stellar board of

    BitFury CEO Valery Vavilov on Company, Bitcoin Industry, and More

    | 2015/05/19 7:00 pm
  • The remittance market is a key area where Bitcoin and digital currency could make a splash. Sending money overseas to family and friends is pretty expensive these days, and the remittance space is dominated by a handful of players. But that isn’t stopping Australia-based DigitalBTC from distributing a remittance product of their own. Also read: BitSpark Shuts Down Bitcoin Exchange, Focuses on Remittance Service DigitalBTC – Digital Payment Solutions When it comes to processing digital

    DigitalBTC Launches AirPocket To Take on Remittance Market

    | 2015/05/19 3:00 pm
  • Bitfilm is a company that makes films for websites looking to increase revenue, traffic, or improve the aesthetic quality of a website. “A film makes your website much more attractive, it generates more traffic and more revenues. We know how to turn even the most complex and abstract matter into an entertaining movie. We are specialized in films for the Bitcoin and Blockchain industry. So if you run a Bitcoin-based business and want to make it more successful, Bitfilm will

    Satoshi’s Last Will: Interview with Bitfilm

    | 2015/05/18 7:00 pm
  • A note from the Editor: In recent months, Factom has made a splash in the Bitcoin community. The goal of the Factom project is to create a “scalable data layer for the blockchain.” Essentially, the team wants to create a blockchain-based data management system that streamlines and simplifies businesses’ record-keeping systems.  Factom has displayed the potential of their project through a proof of concept project that stored the entirity of Project Gutenberg on only four hashes of

    Exclusive Interview With Factom CEO Peter Kirby

    | 2015/05/18 3:00 pm
  • Since last week’s Market Wrap Up, Bitcoin has taken a dive in price, dipping 2.25% from a high of around $244 to $236.50 as of press time. Compared to the mid-week update over on BTC.com, the change is much more sudden as the plunge from $244 to $236 occurred in the later hours of May 13. Also Read: Last Week’s Market Wrap Up There seems to be no bad “seed” of news that whales could be

    Bitcoin Market Wrap Up 5/10-5/17: BTC Plunges, Ripple Still Down, EAC Up

    | 2015/05/18 8:00 am
  • We recently published an article about blockchain-esque technology and its uses for a couple sectors. What we mean by “blockchain-esque” is that tracking, ownership of goods, etc. can be traced through an open database. This “database”, some might call it the world’s largest filing cabinet, can be utilised by everyone. For example: If you buy a new pair of Nike’s and you want to know where they came from and if they were created ethically.

    Bitcoin Blockchain Technology, Insurance and Police

    | 2015/05/17 8:00 am
  • Making Bitcoin more accessible to everyday consumers is one of the great hurdles to overcome if we want to kickstart the digital currency revolution. In saying that, I do mean literally walking into a store and purchasing Bitcoin with local fiat currency. Chip Chap has made that dream come true for Mexican residents, as they can now buy Bitcoin at 5,000 brick-and-mortar locations. Also read: Buy and Sell Bitcoin At 4,000 Polish ATMs With Chip

    Chip Chap Lets You Buy Bitcoin From 5,000 Major Retailers

    | 2015/05/16 7:00 pm
  • More and more companies are looking to bring digital services to their user base, which also presents quite the opportunity for Bitcoin and other digital currencies. And what better way for Bitcoin to gain more traction than by being added to a cloud-based content distribution platform such as Ziddu? Also read: bitSIM Turns Any Mobile Phone Into a Bitcoin Wallet Ziddu: File Hosting and Cloud Services When you talk about file hosting or cloud services,

    File Hosting Service Ziddu Integrates Bitcoin Wallet Into its Platform

    | 2015/05/16 3:00 pm