Easbit, is a new company trying to lead the Bitcoin mobile applications industry; now Easbit is introducing its newest app, a high level secured and “granny proof” Bitcoin wallet application exclusively designed for android smartphones. The Easbit App’s only purpose is to provide you with a secure, user-friendly crypto currency transaction platform for android users while enabling them to send and receive secured transactions in the cryptocurrency Bitcoin.
VeriCoin will be bringing a new wallet to their users on January 23, aptly named VeriCoin Wallet 1.5. In the upgraded wallet, users will find a plethora of new features that aim to take the wallet to the next level. The first thing people may notice is an upgraded graphical user interface (GUI) to make things simpler for the end user. The VeriCoin team said the following regarding the new GUI: “We have overhauled the GUI
Trustatom, a Canadian company that provides blockchain-powered smart contracts, has raised early seed funding from a group of angel investors. The company is preparing to launch an investment due diligence SaaS, called CredyCo, powered by its proprietary technology stack and the blockchain. The internet has provided a great way for parties to transact efficiently, prompting truly fascinating use cases, but the remaining key challenge is the need for mutual trust. To address this, Trustatom brings the trust mechanics
Editor’s Note, 1-21-2015: This article has been modified to fix a reporting inaccuracy. Previously, we stated that Netagio temporarily shut down due to Capital International Group ceasing banking relations with all Bitcoin businesses in the UK. We corrected the article, which now states that Netagio secured a new banking relationship 10 days after a two week notice was issued by CIG. Lastly, we updated the article to say that Netagio audited themselves; previously, we stated
As you may be aware, the case of US Government versus Ross Ulbricht, the alleged owner and operator of the Silk Road market, which for years was a convenient way to use Bitcoin to purchase illegal drugs, stolen or falsified ID cards, and other goods which might be hard to obtain otherwise, has brought a lot of negativity to the cryptocurrency community, with the Atlantic recently publishing a piece entitled “Without Drugs, What’s the Point
On January 20, federal agents arrested a Seattle man for vending and working as an administrator on the Silk Road 2.0 darknet market. Prosecutors have charged 26-year-old Brian Richard Farrell, who they say is DoctorClu, a famous Silk Road administrator that left the marketplace after a blowout with his coworkers and boss. He is currently charged with conspiracy to distribute heroin, methamphetamine and cocaine and will appear Tuesday in U.S. District Court in Seattle. “The arrest
On January 20th, America’s largest bitcoin exchange, Coinbase, closed its largest funding round yet. The company raised $75 million in a Series C funding round from numerous high level investors, including the New York Stock Exchange (NYSE), Citigroup CEO Vikram Pandit, Spanish bank BBVA, military financial services provider USAA, and Japanese telecom DoCoMo. The round was led by Bitcoin-friendly venture capitalist group, Draper Fisher Jurvetson (DFJ) Growth Fund, which Tim Draper, bitcoin investor and Silk
This week has been interesting has been full of surprises to say the least. From January 13th to January 15th Bitcoin dropped from a weight priced of 264.35 on Bitstamp to a weighted price of 178.83 exactly 48 hours later. Equivalent to around a 32.4% drop in price in only just two days, it was a reminder that Bitcoin is still a young and volatile currency. Bitcoin Analysis While the price has gone back up
In the ongoing discussion about Bitcoin price volatility, one theory for a rapidly falling Bitcoin price is the fact that so many coins are mined every day. Currently, Bitcoin miners produce 3600 coins daily. These miners must pay bills, such as rent and electricity, which cannot presently be paid for with Bitcoin. Therefore, large portions of Bitcoin mining profit must be converted to fiat in order to pay expenses and keep Bitcoin mining operations afloat.
Bitcoin security has been a focus as of late, with BitStamp losing five million dollars of Bitcoin after being hacked. As a result, many Bitcoiners suggest not using exchanges to store Bitcoin. Instead, offline options, which have never touched the internet, are considered the most secure options for storing Bitcoin. Cold storage, storing your Bitcoin offline, is usually considered the most secure way to store your coins. However, it can be complicated to set up. One alternative
The North American Bitcoin Conference got off to a good start on January 17th, despite the tumbling value of Bitcoin in the last couple weeks. The presentations and panels were loaded with heavy weights in the industry, including Jeff Garzik of Bitpay, Henry Yeh of Binary Financial, Dan Morehead of Pantera Capital, as well Sam Dastyari an, Australian Senator, and many others. Several new innovations were on display as well, with Ledger Wallet showing off
The well known internet based bitcoin Tipping system ChangeTip has just announced in its official Blog that as of now it is able to send bitcoin through Facebook. The ChangeTip team is absolutely excited with the new feature and feels that this is great news for the bitcoin community.
You can watch the full first day of the TNABC Miami 2015 Bitcoin Conference! We have worked hard to bring you this video about the 2015 Miami Conference, Please support us By signing up to our Newsletter OR Follow us on our Social Media platforms. We hope you will enjoy our videos! Thank You! – Bitcoinist Team Update 1: We are currently uploading and cutting the whole day, the some videos are available now! Stay
Evan Duffield is known for many things these days. He has revolutionized the altcoin world with the creation of Darkcoin, a cryptocurrency known for its privacy features unknown to other altcoins in its vicinity. He also brought to light a variety of problems in Bitcoin that he solved through the altcoin he made. I have had the privilege to interview Evan once before and was amazed by the calmness to his personality and how experienced
Security has come to be a real important issue when it comes to bitcoin wallets, and the ecosystem is always in constant demand for new features and innovative developments. The bitcoin authenticator is a new open project aiming to bring new developments and innovations to the Bitcoin security industry, and the first to introduce a bitcoin wallet to offer a practical decentralized wallet security solution.
Bitcoin’s price is hard to predict and notoriously known for its volatility. A new derivative trading platform is giving bitcoin traders a simple way to profit from calling bitcoin’s ever changing price. Action Crypto allows the user to pick a direction of either up or down; he or she thinks the price is going to be in a certain timeframe. If correct, the trader will receive the bitcoin he originally sent plus the whatever the
Update: Broadcast is avaible here! We are heading to Miami for the North American Bitcoin conference. We have a special announcement to the event – we will broadcast the entire event – so you will be able to watch all the panels, presentations, Q&A-s on Bitcoinist.net. The Broadcast will start on the 17th January, and you can see the happenings of the first night. Later on, on Sunday morning we will upload the content of
ShapeShift has integrated Ripple, the second largest crypto-currency in terms of market cap, into its instant exchange platform. Users anywhere in the world can now buy or sell Ripple (XRP) instantly with bitcoin or over a dozen other cryptocurrencies. As the digital currency ecosystem continues to expand, integration between platforms is accelerating. ShapeShift, which launched in the third quarter of 2014, has risen quickly as a convenient way to buy or sell leading digital assets. Currently, the instant exchange has
Bitcoin Store Starter is an interesting company that I stumbled upon over at BitcoinTalk. It’s availability and the software being entirely free will make it appealing to people wanting to start a online commerce store that accepts Bitcoin. I spoke with Aaron Farias, the CEO of Bitcoin Store Starter who is responsible for development and marketing. What does Bitcoin Store Starter offer? Bitcoin Store Starter is a custom software solution combining the features of WordPress,
If the headline sounds too good to be true, don’t worry. It isn’t and there’s more. During an interview with Bitcoinist, Xapo CEO Wences Casares said that in the wake of Mt.Gox and Bitstamp, they’re ready to implement their newest features to prove their dedication to security. In a four-part announcement, the California-based company laid out their plans for 2015 that would make any bitcoin enthusiast giddy. Part One: The Deep, Deep Multi-Signature Cold Storage
CleverCoin, an initiative of Dutch entrepreneurs Christian de Kok and Karsten Nilsen, founded in January 2014, has expanded its bitcoin exchange to the wider European market by adding MasterCard and Visa credit and debit cards to its list of payment options. Speaking of the company’s current expansion, CleverCoin CEO Karsten Nilsen stated, After focusing solely on Dutch customers and platform security for two months, it’s now time to open up to other European customers by accepting
Bitcoin Billionaire is an app created by FizzPow Games, and was published in partnership with Noodlecake Studios. Bitcoin Billionaire was released on the iOS App Store on November 6th, 2014, and was quite a hit with a average 5 star rating from 14,000+ reviews. Today, I’m here to talk with Michael Stockwell, the lead developer and founder of the game as well as FizzPow Games. Starting the game with a dilapidated office and rudimentary mining hardware, you
When people think of traditional banking, they often think of the building down the street full of tellers taking money into a vault. It’s associated specifically with traditional national currency and has been that way for years. But what if someone decided to take a more science fiction take on the idea of banking? Something associated with a futuristic utopia or even one of the Futurama television series? The SpaceBIT Banking Platform To SpaceBIT founders