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6 Things Bitcoin Has Made Possible for the First Time

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It may be cliché, but perhaps no single word sums up bitcoin quite as well as “disruptive”. Computer scientists have been trying to create secure and sustainable digital cash since the earliest days of the Internet, and until Satoshi Nakamoto’s white paper introducing bitcoin was published in 2008, their efforts were in vain. While the public may still be polarized ... Read More »

Fifty Million Stolen NXT Ransomed by Hacker to BTER Exchange

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This morning, around 50 million NXT was stolen from the popular cryptocurrency exchange BTER. The number is outstanding, as the amount stolen is near five percent of all NXT in existence. The proof-of-stake coin’s community is now faced with a difficult decision that Vericoin developers faced a few months ago when hackers stole Vericoin from Mintpal. Either NXT allows the ... Read More »

USDcoin May Become Reality, Says Cryptolina Bitcoin Regulation Panel

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This weekend’s Cryptolina Bitcoin Expo sought to be the Carolinas’ “defining Bitcoin event.” The expo featured a diversity of presentations, which focused both on high-level Bitcoin theory and topics specific to cryptocurrency in the Carolinas. One of the more lively discussions took place during the Cryptolina Bitcoin Regulation Panel. The panelists discussed a variety of topics related to the government’s ... Read More »

GoCoin Targets Telecoms With Email and SMS Billing System

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GoCoin has released a new feature that will allow its merchants to request payment from customers via email and text message. Called its ‘Click-to-Bill’ feature, the bitcoin, litecoin and dogecoin payment processor framed the release as one that will enable merchants to offer bitcoin shoppers added convenience while providing existing customers with a compelling reason to switch payment options. The ... Read More »

BTC China Launches iOS Apps, Reduces Fees

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Exchange BTC China has relaunched the iOS version of its mobile exchange app, called simply ‘BTC China’, internationally on Apple’s App Store. Furthermore, an iOS version of the company’s wallet and person-to-person bitcoin trading app ‘Picasso’ is also awaiting approval by Apple, and will feature lowered sending fees. The new iOS exchange app  is largely aimed at traders and has all ... Read More »

European Union to review tax on Bitcoin trading

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The European Union is to step in to determine the Value Added Tax treatment on the trading of cryptocurrencies, such as Bitcoin. Sweden has prompted the investigation, fearing its own initial tax pronouncement is being undermined by the UK’s revised position issued in March this year. European Court of Justice to clarify VAT liability Sweden has asked the European Court ... Read More »

BitXatm to Launch 1,000 Bitcoin ATMs in US

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Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network. For the initiative, BitXatm will partner with Los Angeles-based CryptVision, a startup that itself is seeking to build the largest network of ... Read More »

BTC China Launches USD, HKD Bitcoin Trading Accounts

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Shanghai-based bitcoin and litecoin exchange BTC China has announced the launch of USD and HKD deposits and withdrawals, becoming the latest China-based exchange to publicly extend its services to the international community. The news follows Beijing-based OKCoin’s announcement at The North American Bitcoin Conference (TNABC) that it would be adding USD deposits this week as part of a broad push to ... Read More »

Connect to the Bitcoin Network with National Television Broadcast

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There is one major impediment global Bitcoin adoption: the Bitcoin network lives on the Internet. Right now, the Internet is only available to a small portion of world’s population.  But apparently there are other ways of connecting to the network. Thanks to Kryptoradio, users may be able to broadcast Bitcoin worldwide using national television broadcast. Merchants and consumers will be able to connect to the network ... Read More »