Inside Bitcoins Berlin 2015 – Day 1 – The Pros and Cons of Bitcoin Investing Inside Bitcoins Berlin – Day 2 – Emerging Issues in Regulatory Compliance and Law Enforcement Efforts Why Bitcoin is a Superior Payment System for eCommerce – Ashok Misra Education, Communication, and the Blockchain – Jeremy Gardner The Inside Bitcoins Berlin 2015 conference had many excellent speakers at the event as you can see from our broadcast videos
KNC is a well-known mining company based in Sweden for releasing ASICs last year of massive hash rate, namely the Scrypt ASIC miner Titan. At time of announcement when Scrypt was still heavily GPU mineable, the Titan was capable of hashing 250-300 mh/s, and up to 400mh/s for the second batch of orders at a equally titanic price of $10,000. Also Read: Bitcoinist News Bits: The KnC Lawsuit Investigation Shortly after KNC delivered the first Titans,
UPDATE: In this article we used a picture from blockchain.info which has been deleted! The company Blockchain and its products have nothing to do with what the author writes in this article! However it might caused confusion as we included their picture before. We are sorry for this misunderstanding! Bitcoin critics often make the clame that “crypto-based technology has nothing to contribute to the everyday world.” It seems like demonizing digital currency is a zealous fetish of theirs, while blatantly ignoring the
In this weeks News Bits: – E-commerce giant Rakuten will Accept Bitcoin – BIT to be the first publicly traded bitcoin fund – Bitcoin nano satellites up space in 2016
Most people look at Europe as an easy place to buy and sell bitcoins. For the most part, this stereotype is fairly accurate. However, there are still several countries — mostly located in Eastern Europe and non-European Union states — where there is a demand for competition among Bitcoin exchanges. Anycoin Direct is expanding their services to these countries by launching a new service called Trustpay. Anycoin Direct: A Major European Player Bitcoin enthusiasts all across Europe have
The Bitcoin market this week has been volatile, shifting a total of $43.39 between this week’s peak of $293 and low of $250. We saw the market retest territory and for a little while it seemed like we would break $300, with volumes exceeding $50,000,000 at some points. Also Read: Last Weeks Market Wrap Up The massive fall drop in the bitcoin price — amounting to approximately 15%– may be due to the fact that the Evolution drug
T-Mobile Poland announced in late February that they would start offering a 20% discount for mobile top-up credits paid with bitcoin. The announcement is part of a three month partnership with Warsaw-based bitcoin payment processor, InPay. T-Mobile Poland is the first business of the large telecommunication company to test bitcoin payments. An InPay spokesperson said T-Mobile Poland’s motivation for the partnership with the bitcoin payment processor, was the mobile operator’s recent initiative to explore new services and
Lately, the cryptocurrency ecosystem has been pledged by a series of hacks and other attacks. Digital currency exchanges seem to be the preferred target for hackers since they usually carry large volumes in their wallets.
Although every day we hear new cases of companies and businesses starting to accept bitcoin, the general public still doesn’t see much use for the digital currency. In fact, it is still pretty difficult if not impossible for a mainstream bitcoin user to do online shopping and paying directly with bitcoin. This has given rise to a new business niche on the ecosystem and the chance for new companies to flourish. What exactly is Purse?
“Rakuten’s mission is to empower the world through the Internet,” commented Yaz Iida, President of Rakuten USA. “Not only can bitcoin support this vision by helping our merchants better compete globally, but it also has the potential to benefit society by enhancing the security, privacy, and convenience of financial transactions.” Rakuten, a giant in Japan’s business world, will now allow US customers to pay for items on its website, Rakuten.com (formerly buy.com), which offers almost
The UK government plans on regulating digital currency exchanges in an effort to support technological innovation while preventing criminal use of such technologies. In a document released along side the announcement of the 2015 budget, the Treasury stated that they intended to apply anti-money laundering regulation to digital currency exchanges within the UK. Also read: Bitcoin Taxes: Working for Bitcoin The Treasury plans to seek consultation later this year to gather views on how the
Airbitz, a simple to use mobile wallet for iPhone and Android, has launched a unique two factor authentication that protects users accounts while making the login simple. The latest version of Airbitz, which will become available on 3/18/15, will feature 2fa with the tap of a button without the need to frequently type in the six digit code which is standard. In addition to this, users also won’t need to store a backup seed. Also
Navajo Coin recently announced that they will be releasing a new wallet enabling full anonymous transactions. The Navajo Developer team has been working on a new technology that will turn their coin into a fully secure anonymous crypto currency.
One of the most interesting stories of 2015 has been the SaruTobi iOS game, which lets players earn Bitcoin as they progress through the game. In fact, so many people have played this game in order to get their hands on some chunks of Bitcoin that it caught the attention of Apple themselves. And not in a good way mind you, as SaruTobi has been pulled from the Apple App Store. Odd Timing for Removal
Poland based start-up Cryptosteel is taking Bitcoin key storage to a whole new level of safety. Cryptosteel is an offline cold wallet solution that allows you to record your private data and avoid having to share it with a third-party. Cryptosteel touts itself as the indestructible, stainless-steel wallet that lets you safely store your Bitcoins worry-free. Also Read: Burst: Decentralized File Storage – Exclusive Interview Founder Wojciech Stopinski has combined his passion for Bitcoin and his
Clef, the two-factor authentication service from the future, has partnered with crypto crowdfunding platform, Koinify, as it expands its security offering into the Bitcoin world. When deciding to go with a two-factor authentication service, Koinify chose Clef because “its a fresh new solution to the 2FA problem,” stated Tom Kysar, Community Lead at Koinify. Also read: Clef: Bitcoin Adoption and Phishing Protection “I’ve personally gotten tired of having to type in a 6-digit random number, sometimes I
Welcome back to Bitcoin Taxes, our special series over Bitcoin taxation with Mr. Daniel Winters. This week, we will be talking about what you should do when you work for Bitcoin rather than fiat currency. As a reminder, be sure to read last week’s article which covered the basics of Bitcoin taxation within the United States if you have not done so already. Each week we will build upon the previous article to cover a
AE Property Management is now accepting Bitcoin as a method of payment for rent payments on any home it manages.
A little while ago, we introduced our loyal readers to E-Coin, a company selling Bitcoin debit cards which are available right now for a very modest fee. Earlier today, I received a new email from the E-Coin team regarding the new design of its Bitcoin debit card, which marks the first step towards issuing branded cards. New Neutral Bitcoin Debit Card Design Due to banking relations with MyChoice Corporate in Gibraltar — a subsidiary company of Wave
Coinapult announced that they have had their hot bitcoin wallet compromised. The amount of BTC they said is 150 coins. The hack comes on the heels of their deal with Factom. Bitcoinist covered the news on their deal. Also Read: Factom Partners With Coinapult As It Preps Software Sale From the article about their working with Factom. Coinapult CEO, Ira Miller, had the following to say: Coinapult melds trustless, blockchain-based tokens like Bitcoin with
Yesterday, a security notice was launched in Authy’s blog. An independent security researcher from Sakurity found a bug in the popular 2FA app Authy. Egor Homakov was responsible for finding a Format Injection vulnerability that affected the Authy service through a commonly used open source library.
Avalon has a storied name in the Bitcoin ASIC Mining industry. As one of the first companies to produce and ship ASIC gear, they had several models that were excellent sellers. Simple to use and powerful at the same time. Other manufacturers have stepped up in power and performance since those days. Canaan Creative CO., LTD the company behind the current Avalon name released not too long ago the Avalon 4.1 Bitcoin ASIC miner. The
With approval from the Financial Industry Regulatory Authority (FINRA), the Bitcoin Investment Trust (BIT) is set to be the first publicly traded bitcoin fund. The exchange beats the famous Winklevoss Twins in their attempt to create the first Bitcoin ETF. The Winklevoss Twins’ exchange has been ready for more than a year, but has failed to launch due to not getting regulatory approval. The reason for the delay is that they are trying to create