• Bitcoinist spoke with Leon Liu, the CEO of BitKan, a Chinese P2P Bitcoin trading service, to get a better idea on the current situation following the recent regulatory clampdown on Bitcoin exchange withdrawals in the country. Bitcoinist: What kind of trading services does BitKan provide? Leon Liu (LL): BitKan provides P2P bitcoin trading services with broker match-making to save time for our users. During a trade, BitKan acts as an escrow service, guaranteeing funds delivery for

    BitKan: Our Volume Grew ‘Twelve Times’ Since PBoC Halted Withdrawals

    | 2017/03/07 12:00 pm
  • Here’s a novel way you can use your Twitter account to earn Bitcoin from your new followers as well as other social interactions. A New Twitter Hustle for Bitcoin Here is a hustle to earn Bitcoin from your Twitter account. Credit where credit is due, the idea of charging a fee to Follow Back on Twitter came from here: I played around with this concept during my morning swim. Charge people a fee to Follow Back on Twitter. But even better,

    How You Can Earn Bitcoin From Your Twitter Followers

    | 2017/03/02 8:00 am
  • Win rewards while having a blast: Crypto Gravity from ionomy Studios. [Note: This is a press release] Crypto Gravity is Here SWANSEA ­ March 3, 2017 – ionomy Studios has launched Crypto Gravity, the first major title of their new mobile gaming franchise. Crypto Gravity, the foundation stone of the ionomy.com business model, is free to play and available on iOS and Android. Lead character Grav must navigate the dangers of a futuristic dystopian galaxy,

    Crypto Gravity Game Launched By ionomy Studios

    | 2017/03/02 5:59 am
  • Swiss-based serviced apartment company VisionApartments has announced Bitcoin payment support for all its apartment locations around the globe. Paying Apartment Rent with Bitcoin Living on Bitcoin is becoming easier and easier every day! Yesterday, Swiss serviced apartment company, VisionApartments announced a partnership with a national Bitcoin-based startup, Bitcoin Suisse. The move will bring about the integration of Bitcoin payments for all its services, meaning that users can now pay rent in BTC. In the official announcement, Anja

    Move Over AirBnB: Swiss Apartment Rental Service Now Accepts Bitcoin

    | 2017/03/01 7:30 am
  • If something works, why change it? PayPal’s Harper Reed has dismissed “boring” Blockchain technology, choosing to stick to the traditional databases. ‘Why Don’t We Just Use a Database?’ In the midst of the “chainwashing” trend, some companies seem to be taking the high road and staying clear of Bitcoin’s underlying Blockchain technology. This is the case with PayPal which, despite its ambitions to become the dominant global online payments platform, has distanced itself from this prospect. When asked about the

    PayPal on Blockchain: ‘Why Don’t We Just Use a Database?’

    | 2017/02/28 9:00 am
  • China’s love affair with P2P trading platform LocalBitcoins shows no sign of flagging after yet another consecutive record week with traders exchanged over 50 million yuan. LocalBitcoins: 700k Reals, 50 Million Yuan Data from Coin Dance shows the seven days ending Saturday, February 25 was the busiest period ever for Localbitcoins in both China and Brazil. In the week prior, China registered around 36 million yuan in transactions, which itself easily beat any previous weekly period multiple

    Another Week, Another Record: LocalBitcoins Explodes in China, Brazil

    | 2017/02/27 3:00 am
  • As Bitcoin hits all-time highs, the infinite wisdom of CNBC and the mainstream press surfaces again as a bizarre news piece suggests the start of an “inflationary period.” Bitcoin Surge ‘Might Not Mean What You Think’ – CNBC The segment from the network’s Trading Nation, which aired Thursday, also included commentators describing Bitcoin as a currency for “buying kidneys.” “Bitcoin is surging – but that might not mean what you think,” an accompanying article reads.

    CNBC: Bitcoin Price Surge is Start Of ‘Inflationary Period’

    | 2017/02/24 9:00 am
  • After buying up digital currency transfer company PayCash, Daimler has signaled it may use digital currency to build up its presence in Africa. Daimler: ‘Clear Signal Of Further African Growth’ The continent is providing huge demand for transport networks, yet businesses are continually faced with financing problems, the vehicle giant told industry magazine Autconomy this week. “We are already present in over 30 marketplaces in Africa and are still expanding both our product range and

    Daimler May Use Bitcoin to Finance Africa’s Transport Demands

    | 2017/02/18 10:00 am
  • Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries

    Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners

    | 2017/02/14 12:00 pm
  • Valentine’s Day is upon us! Forgot? No worries, Bitcoinist has got you covered. We are going to show you the best gifts Bitcoin can buy for all your Valentine’s Day needs! Valentine’s Day for the Bitcoinist Valentine’s Day is here and if you’re as bad with this kind of things as I am, then you’re probably looking for a last-minute gift that can fill someone’s heart without emptying your pockets. There’s only one problem, though:

    8 Valentine’s Day Gift Ideas for Everyone Who Loves Bitcoin

    | 2017/02/14 8:00 am
  • The Philippines Central Bank has released guidelines on Bitcoin regulation, which “basically legitimizes the local Bitcoin industry.” Bank: Bitcoin Has ‘Potential to Revolutionize’ This is the summary from a co-founder of the country’s largest Bitcoin startup, Satoshi Citadel Industries (SCI), which also runs exchange Bitmarket.ph. The Bangko Sentral’s decision from January 19th, the text of which was released February 6, […]recognizes that Virtual Currency (VC) systems have the potential to revolutionize delivery of financial services,

    Philippines ‘Legitimizes’ Its Bitcoin Industry with Friendly Regulation

    | 2017/02/09 5:30 am
  • “Blockchain can radically transform exchange sector”, believes Kaidi Ruusalepp, CEO at Funderbeam (exchange for startups) and former CEO at the Estonian Nasdaq subdivision. [Note: This is a press release] ‘A Financial Engine of Companies’ Growth’ On March 9, she will speak at Blockchain & Bitcoin Conference Tallinn. Being experienced in managing Nasdaq, Kaidi founded Funderbeam – an investment and research platform for finding investors and startups. At the end of 2016, Funderbeam team started creating a

    Blockchain Will Fundamentally Transform Exchange Business – Funderbeam CEO

    | 2017/02/09 4:47 am
  • Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft.  Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new

    Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

    | 2017/02/01 5:00 am
  • January 30, 2017, Michigan, USA—In a bull market, altcoins achieve profit gains over 1,000%, far surpassing Bitcoin’s trough-to-peak gain of 217% this year. In a bear market, however, losses can be devastating. [Note: This is a press release] Recognizing when the altcoin sector is in a bull or bear market is challenging without a standardized index. Our solution is the T&C 20 Index—the first public index dedicated to tracking altcoin performance. At its current price

    Introducing the T&C 20 Index for Tracking Altcoins

    | 2017/01/31 2:19 am
  • The award-winning light mobile client for Ethereum platform, Status has announced its alpha release. It makes Status, the first functional Ethereum mobile client on the market made available for use, at least to alpha-testers, developers, and enthusiasts. [Note: This is a press release] Ethereum Mobile Client Alpha Release Status, the Singapore-based company will be offering its Ethereum client application on both Android and iOS platforms. With this alpha release, developers will be able to understand the

    Status Alpha Release Takes the Ethereum Mobile Client One Step Closer to a Blockchain-Driven World

    | 2017/01/18 8:00 pm
  • Mercedes owner Daimler AG has announced its takeover of PayCash Europe, a provider of Bitcoin payment services alongside others, in a move that will see the corporation venture into mobile payments. Mercedes Buys Bitcoin Services Provider PayCash, which also offers solutions for Bitcoin and cryptocurrencies, is a Luxembourg-regulated licensed e-money transmitter. It will be used by Daimler to launch mobile payments for Daimler products and services under the Mercedes Pay brand. “‘Mercedes pay’ is a fundamental component of

    Mercedes Buys Bitcoin Service Provider in ‘Digitization Strategy’

    | 2017/01/17 7:00 am
  • Let’s take a look at what some of Bitcoin’s industry insiders predict for 2017 as general sentiment is more bullish than ever and BTC is eyeing a new all-time high.  Tulip? More Like Champagne Bubbles Bitcoin is no stranger to bubbles. In fact, there’s probably a Tulip-mania inspired obituary out there already. But tulips can’t store value long-term, can’t be sent to the other side of the globe in seconds, and certainly can’t live on

    Industry Insiders Predict ‘Higher’ Bitcoin Price in 2017

    | 2016/12/26 12:00 pm
  • The U.S. government has acknowledged monitoring the progression of cryptocurrencies. However, Bitcoin’s transparent public ledger and pseudonymity may allow it to fly under the radar.   U.S. Gov’t Monitoring Bitcoin Since Beginning CSRA Inc., which provides information technology services to the U.S. Department of Homeland Security, has confirmed to Newsweek that Bitcoin was under surveillance as early as its initial development. The biggest concern is that the peer-to-peer, trustless monetary network may lead to an unprecedented creation of

    U.S. Gov’t is Monitoring Crypto, But Bitcoin May Fly Below Radar

    | 2016/12/25 4:00 am
  • Wall Street veteran and Bitcoin enthusiast Tone Vays shared his insights with Bitcoinist on SegWit, Coinbase and the IRS, Ethereum, and Donald Trump.  Interview with Tone Vays Bitcoinist: You’ve mentioned on your blog that we need SegWit to pass “for Bitcoin’s future.” Why is SegWit activation so important right now?   Tone Vays (TV): I feel that SegWit is very important. It was put together by some of the smartest financial engineers in the world that truly understand the

    ‘If SegWit Doesn’t Pass, It’s Likely Nothing Else Will Either’ – Tone Vays

    | 2016/12/08 3:05 am
  • Bringing extensive experience as an entrepreneur Chandler Guo will advise on market engagement to position WINGS as the de facto project funding platform in the global cryptoeconomy. [Note: This is a press-release] Chandler Guo Joins WINGS Foundation Board (ZUG, CH — DECEMBER 7, 2016) — WINGS Foundation (wings.ai), a decentralized platform to fund and manage projects using decentralized autonomous organization (DAO) technology, is pleased to welcome Chandler Guo to the WINGS Foundation Board of Advisors.

    WINGS Foundation Adds Angel Investor Chandler Guo to Board of Advisors

    | 2016/12/07 2:59 am
  • The Winklevoss twins say Bitcoin is “better than gold” as they continue to press for regulatory approval of  their Exchange Traded Fund COIN.  Bitcoin: The Greatest Social Network of All Following their much publicized legal battle with Zuckerberg the twins were first  introduced to Bitcoin in 2012. They were impressed by its possibilities to provide cheap, efficient banking services. Allowing accessibility to these for the ‘unbanked’ also inspired them. Tyler Winklevoss acknowledged: We see bitcoin as potentially the greatest social

    Bitcoin is ‘Better Than Gold,’ Winklevoss Twins Say

    | 2016/12/03 3:03 am
  • A document issued by the Russian Federal Tax Service finally presents the first official position on the status of Bitcoin and cryptocurrencies in Russia, equating them to foreign currency. Also read: IRS WILL TAX YOUR BITCOINS IF THEY LEAVE YOUR COINBASE ACCOUNT ‘No Specific Legislation’ Banning Bitcoin in Russia The formal letter, dated 3 October 2016, states that for legal purposes, cryptocurrencies should be treated as any other foreign currency. These require no financial reporting of

    Russia’s Tax Service Confirms Bitcoin Legal Status as Foreign Currency

    | 2016/12/02 12:00 pm
  • As the UK parliament is on the precipice of passing a new surveillance bill into law, one British engineer is trying to halt its progress through an anonymizing system that runs on top of the Tor anonymity network. Also read: Blockstream Welcomes New Members to Their Team, Hires On Christian Decker OnionDSL: The Tor-based ISP British lawmakers are on the verge of passing a new law that expands the government’s ability to snoop on its citizens, and

    Network Engineer Tries to Thwart UK Bill That Plans to Expand Surveillance State

    | 2016/08/13 9:53 pm