• If we want to achieve a critical mass in terms of Bitcoin some day soon, we will need a lot more use cases for everyday consumers. Despite having the option to pay bills in Bitcoin and even receive [part of] your monthly wage in BTC, neither of these services are targeting a large market where Bitcoin payments could make a difference. But that is about to change, thanks to the efforts made by Bankymoon, a

    Bankymoon Offers Bitcoin Solution For Paying Utility Bills

    | 2015/05/03 5:00 pm
  • Bitcoin is a popular payment method for thousands of businesses that accept online payments. Bitcoin offers faster transactions, several orders of magnitudes cheaper transaction fees, and most importantly, no risk of chargebacks. Also read: Bitcoin Solutions in Online Gambling — Benefits for Everyone These advantages have led businesses to flock to bitcoin in droves. By opting to use a payment processor to convert their bitcoin revenue to fiat, merchants can even avoid bitcoin’s notorious price volatility.

    Nevada Attorney General Charges Seals With Clubs Owner

    | 2015/05/03 3:00 pm
  • Bitcoin company Circle Internet Financial has completed a funding round of $50 million with help from banking firm Goldman Sachs and venture group IDG Capital Partners. Circle is also updating its core services to enable the transfer and storage of US dollars, which are insured by the FDIC and not subject to bitcoin’s volatility. These functions run parallel to Circle’s existing infrastructure and expand its scope of financial services. Also Read: Wall Street and Silicon Valley

    Circle Raises $50M Off Goldman Sachs Support, Adds USD Features

    | 2015/05/03 8:00 am
  • FreeBitcoins received $150,000 USD from a single investor during the first day of its crowdfunding campaign, which is 30% of the total $500k it is seeking. It claims that it is the fastest growing company in the history of Bitcoin, receiving 0 to 150,000 users in less than 30 days. Additionally, FreeBitcoins has already secured advertising partnerships with the largest Bitcoin companies. Also read: FreeBitcoins: Free Bitcoin for 1 Million People! The company claims to

    FreeBitcoins Receives $150k from a Single Investor

    | 2015/05/03 4:00 am
  • Bitcoin exchanges in China are a hot topic right now, with multiple parties competing to become the top exchange in the country. While major players such as OKCoin and BTCChina are rolling out new features in order to remain competitive, a new player is coming on to the scene. HaoBTC has launched its international wallet service and aims to become the “Coinbase of China.” Also read: BTCChina and MrGekko Partnership Offers New Services Disclaimer: Bitcoinist has no

    HaoBTC Takes on Coinbase With Interest-Bearing Wallet

    | 2015/05/02 7:00 pm
  • Offering Bitcoin exchange services in the United States is a bit of a struggle these days. Several states allow exchanges to operate without a specific license, some require exchanges to comply with all sorts of regulations, while other states are not sure on what to do yet. However, this uncertainty isn’t stopping CEX.IO from offering exchange services to parts of the United States. Also read: CEX.IO is  Temporarily Suspending Cloud Mining Services CEX.IO: Bitcoin Cloud Mining

    CEX.IO Offers Bitcoin Exchange Services to US Customers

    | 2015/05/02 3:00 pm
  • Interesting days are ahead for Bitcoin enthusiasts in the United Kingdom. Despite the difficulties Bitcoin businesses face when trying to secure UK banking partnerships, Coinbase has managed to expand its operations to the country. UK residents will also be able to buy, sell and trade bitcoin on the Coinbase Exchange. Also read: Purse Partners Up With Coinbase Coinbase in the UK: Lots of Options United Kingdom residents will now be able to use Coinbase Wallet in order to

    Coinbase Exchange Takes Its Services To The UK

    | 2015/05/02 8:00 am
  • Security has always been a big concern for the crypto currency industry. Since its emergence security has always been a very important issue, too big for businesses and entrepreneurs to ignore. The growing need for increased security led to the development of enhanced applications like 2FA to guarantee complete security for companies trying to act in the crypto currency ecosystem.

    Clef’s Success Story: Protecting the Factom Token Sale

    | 2015/05/01 7:00 pm
  • California’s assembly committee on banking and finance has approved a bill that would regulate cryptocurrencies such as Bitcoin in a similar fashion to New York’s controversial BitLicense. Dubbed AB-1326 Virtual Currency, the legislation is now headed to the appropriations committee before reaching a vote on the assembly floor. Also Read: California Bitcoin Bill May Pose Problems For Startups The bill would make it a crime in California to operate a virtual currency business without first

    California Banking and Finance Committee OK’s Bitcoin Bill

    | 2015/05/01 2:00 pm
  • BitGo, a company known for its expertise in Bitcoin security, has recently announced a partnership with TradeBlock, an online cryptocurrency data provider. Bitgo offers many products such as BitGo Enterprise — an enterprise-grade, multi-sig, multi-user bitcoin wallet — and BitGo Platform API, a robust set of tools and services to access the underlying platform. Also read: ShapeShift.io Adds Tether USD To Its Instant Exchange Traders use Tradeblock to receive detailed information about current trading environments. Miners can

    BitGo Partners With TradeBlock for Seamless Bitcoin Trading Infrastructure

    | 2015/05/01 8:00 am
  • Server security is an important issue for internet hosting, and many companies turn to dedicated server suppliers for secure hosting. MaxiDed aims to provide ideal solutions to clients looking for server hosting, listing thousands of server configurations and offering customer service in English and Russian.   Also read: Robocoin’s “Romit” Software Tackles Remittance Markets Serves in 72 Countries with More Than 400 Technical Experts The company was founded in 2007; since then it has expanded its

    MaxiDed Accepts Bitcoin in Over 72 Countries

    | 2015/05/01 6:00 am
  • Robocoin, an early bitcoin ATM manufacturer, is rebranding itself as Romit and debuting new software aimed at the international remittance market. The features will go live at existing Robocoin ATMs around the world, as well as internet-enabled cashiers who install the Romit application. The technology leverages the bitcoin blockchain in order to provide cheap money transfers at rates competitive with Western Union and MoneyGram. Also read: Casinos, Las Vegas & Bitcoin ATMs Robocoin was one

    Robocoin’s “Romit” Software Tackles Remittance Market

    | 2015/04/30 7:00 pm
  • In the world of Bitcoin, exchanges are no longer “just” platforms for buying and selling currencies. Most of the bigger bitcoin exchanges have developed additional features and trading options in order to give them a competitive edge. BTCChina, the largest Bitcoin exchange platform in China, recently announced a collaboration with MrGekko in order to create an institutional-grade trading platform. Also read: Official: BTCChina Launches USD, HKD Deposits and Withdrawals BTCChina: Leader of the Chinese Bitcoin

    BTCChina and MrGekko Partnership Offers New Services

    | 2015/04/30 3:00 pm
  • Article by Kyle Torpey The Bitcoin Foundation has been wrapped up in controversy throughout its entire existence, but the non-profit organization could turn a new leaf with the appointment of Bruce Fenton as the new executive director. Fenton delivered a clear, concise presentation about the future of the Bitcoin Foundation at Inside Bitcoins NYC 2015, and he made some statements that could possibly grab the attention of even the most adamant haters of the foundation. Throughout his talk, Fenton

    Bitcoin Foundation Executive Director Bruce Fenton Outlines Plans for Improved Transparency at Inside Bitcoins NYC

    | 2015/04/30 9:00 am
  • BTCS is a site offering a holistic solution to all things Bitcoin. BTCS focuses on four major objectives: spending your Bitcoin, storing your Bitcoin, mining your Bitcoin, and exchanging it at various POS terminals across the country. Also read: Overstock Wants to Issue $500 M in Bitcoin-Like Stocks In BTCS’ own words: “BTCS plans to leverage its transaction verification services business while it builds a universal digital currency platform with the goal of enabling users to

    BTCS Acquires $2.3 Million in Financing

    | 2015/04/30 8:00 am
  • Here is Bitcoinist’s day 3 coverage of the Inside Bitcoins New York conference! Also read: Inside Bitcoins New York Day 2: Afternoon and Evening Solving Real Business Problems with the Blockchain Peter Kirby, President of Factom, opened day 3 of Inside Bitcoins New York with his lecture on using blockchain technology to solve real business problems. Factom, Kirby’s blockchain project, builds on top of the Bitcoin blockchain — much like how many useful applications are built on top of the

    Inside Bitcoins New York Day 3: Morning and Noon

    | 2015/04/29 9:01 pm
  • Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin gets exchanged, and the transaction is not recorded on the blockchain These kinds of transactions are beneficial because they can be made instantly, without waiting for miner confirmations, and without paying miner fees. Because of these characteristics, off chain transactions can make for

    OP-ED: Beware of Off Chain Bitcoin Transactions

    | 2015/04/29 3:00 pm
  • Overstock has filed a prospectus with the SEC (the Securities and Exchange Commission) and asked permission to issue up to $500 million in stock that is controlled by a Bitcoin-like network. The new concept may transform the way the traditional stock market is perceived. However, permission is still awaited from the SEC. Also read: Interview With Overstock CEO, Patrick Byrne The filing to the SEC reads: “We may decide to offer securities as digital securities…the ownership

    Overstock Wants to Issue $500 M in Bitcoin-Like Stocks

    | 2015/04/29 8:00 am
  • Here is Bitcoinist’s coverage of the afternoon and evening sessions of the Inside Bitcoins day 2 coverage! Also read: Inside Bitcoins NYC Presentation Day 1 (Morning till Noon) DigitalFX: A New Asset Class for Investors After the lunch break, Brian Kelly, contributor for CNBC’s Fast Money,  Founder and Managing Member of Brian Kelly Capital LLC, and author of The Bitcoin Big Bang, took take the stage to talk about investing in Bitcoin and start-ups in the Bitcoin world. According

    Inside Bitcoins New York Day 2: Afternoon and Evening

    | 2015/04/29 4:29 am
  • Bitcoin: The Final Piece of the Protocol Puzzle. Bitcoin is VoIP, Bitcoin is TCP/IP, Bitcoin is anything, and Bitcoin is everything. The second day of the Inside Bitcoins Conference in NYC was phenomenal. Inside Bitcoins NYC Keynote The first session of the second day of Inside Bitcoins NYC was kicked off by keynote speaker Mr. Dan Morehead. Morehead is Founder and CEO of Pantera Capital Management. He created Pantera Capital Management in 2003. In his keynote

    Inside Bitcoins NYC Presenation Day 1 (morning till noon)

    | 2015/04/28 9:45 pm
  • Coinimal, a European digital currency merchant, recently announced its new integration with NETELLER. By adding NETELLER to its payment options, Coinimal becomes the first crypto business working with NETELLER. Also read: Neteller Wants to Acquire Paysafecard Issuer, Skrill Coinimal was launched in December 2014, aiming to improve access to Bitcoin in Europe. The Coinimal platform provides easy access for both buying and selling Bitcoin, along with some other cryptocurrencies such as Litecoin or Next. Last month, NETELLER

    Coinimal Announces Partnership With NETELLER

    | 2015/04/28 8:00 am
  • When it comes to Bitcoin adoption and awareness, most of the money is flowing in through Chinese Bitcoin exchanges. Several major players, such as BTCChina, OKCoin and Huobi, are coming up with various tools and features to give them a competitive edge. And it is OKCoin who has come up with the very first Superwallet, a tool that gives mainstream consumers access to Bitcoin technology in the native currencies, starting with CNY. Also Read: OKCoin

    OKCoin Announces Bitcoin Superwallet OKLink

    | 2015/04/27 7:00 pm