Bitcoin Latest News
The 2015 edition of the St Petersburg Bowl is currently undergoing a branding change that may diminish the event's association with bitcoin.
Posted on 1 April 2015 | 3:45 pm
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Posted on 1 April 2015 | 12:11 pm
More than 70 digital currency industry businesses and execs are backing a petition meant to ease onerous components of New York's BitLicense.
Posted on 1 April 2015 | 12:10 pm
For bitcoin, 'golden moment' or fool's gold?CNBC
It's been called "bitcoin's
golden moment," and some see it as the start of the financial trend of the future. The Bitcoin
Investment Trust (BIT) is just about ready for public trading. The fund, whose share price would be about one-tenth of one ...
Posted on 1 April 2015 | 12:06 pm
Being one of the richest couples in the world has allowed Bill and Melinda Gates the freedom to help alleviate world poverty in the ways that they think work best. In their view, shifting financial payments for the world’s poorest from cash to digital, can only make their lives easier and help bring them into the formal economy. According to its 2013 annual report, the Gates Foundation distributed almost $1.8 billion in funding in the 2013 calendar year to global development programs, with 5 percent, approximately $90 million, going to the Financial Services for the Poor program. Rodger Voorhies, director of Financial Services for the Poor recently appeared as a witness before the Senate of Canada’s Committee on Banking, Trade and Commerce to talk […]
The post Bill and Melinda Gates Foundation Keeps Its Options Open on Bitcoin appeared first on Bitcoin Magazine.
Posted on 1 April 2015 | 11:23 am
Taking advice from r/bitcoin’s best-loved mascot, ToTheMoonGuy, CoinDesk is shutting down its operations on planet earth today.
Posted on 1 April 2015 | 10:20 am
On the Nasdaq website, Martin Tillier asks, “Could Bitcoin Destroy the Global Banking System?” Tillier imagines a possible “Kodak moment” for the whole banking industry. In the early days of mobile phones, only a few enthusiasts dared to imagine that camera-equipped phones could ever threaten established camera manufacturers, but Kodak was forced to declare bankruptcy only a few years later, in 2012. Tillier’s answer is that yes, Bitcoin could seriously hurt the banking system. The reason is very simple: “Banks are so used to taking a cut every time money changes hands that they cannot imagine life without that particular revenue stream.” Transaction fees are only a small part of banks’ revenue, and therefore banks could survive without that particular […]
The post Martin Tillier Asks “Could Bitcoin Destroy the Global Banking System?” appeared first on Bitcoin Magazine.
Posted on 1 April 2015 | 9:08 am
Commentary by Mark Rees. Why Virtual Reality is different this time: The celebrated release in January of the Samsung Gear VR, co-created by Oculus, set into motion an official paradigm change. Mark Andreesen’s early investment in the virtual-reality maker already is bearing fruit as the hot item is flying off shelves. And a newer,slightly improved version being slated for the release of the Samsung Galaxy 6 beginning in April. Virtual reality is not just about games anymore. By some accounts, the hottest ticket at last month’s annual Sundance Film Festival in Park City, Utah was to the Oculus Virtual World Simulator demonstration. Some are convinced it is the future of filmmaking. Several Hollywood studios are actively exploring and creating content […]
The post Converging Virtual Reality and Blockchain Technology appeared first on Bitcoin Magazine.
Posted on 1 April 2015 | 8:48 am
Posted on 1 April 2015 | 7:31 am
Share and Get bitcoin:CoinTelegraph
price volatility causing a lot of cryptocurrency start-ups to pivot, the world's leading bitcoin
processor BitPay has already jumped the gun ahead of its competitors and launched a new and controversial move into the bitcoin
Posted on 1 April 2015 | 6:03 am
Posted on 1 April 2015 | 3:34 am
In a revealing 2014 interview, DEA agent Carl Force discussed his interests in bitcoin as a part-time public accountant.
Posted on 31 March 2015 | 11:50 am
Bitcoin companies who are part of this year’s Innotribe Startup challenge, a contest run by the international payment network SWIFT, have the opportunity to partner with and be mentored by some of the world’s most prestigious financial institutions. “What really sets the Innotribe program apart is the coaching we give the startups in how to engage the more established financial services providers,” said Mike Sigal, Innotribe’s lead coach. “There’s a chasm between how startups and banks practice innovation, and helping our startups understand how to communicate their value propositions to SWIFT’s community helps banks quickly evaluate new technologies and models, and helps our startups identify appropriate partners and investors.” Since its inception in 2014, the Innotribe Startup challenge has provided […]
The post Many Bitcoin Companies Compete In Semifinals of the SWIFT Innotribe Startup Challenge appeared first on Bitcoin Magazine.
Posted on 31 March 2015 | 9:48 am
This is a guest post from Digital Currency Council Member Marty Zigman. Recently, I gave a webcast presentation to AICPA members to help accounting professionals understand Bitcoin and how to treat it on the general ledger. If you are an AICPA member, the webcast is available for your viewing. In this article, the key points from that presentation are outlined and will help accountants fundamentally understand and approach business based Bitcoin transactions. Bitcoin and General Ledger Treatment There are three key processes that ultimately produce different accounting practices and general ledger treatment when Bitcoin is involved. These three processes coincide with Bitcoin’s adoption phases as follows: Payment Method Foreign Currency Base Currency Bitcoin as a type of “Payment Method” Within […]
The post Three Methods for Simple Bitcoin Business Accounting appeared first on Bitcoin Magazine.
Posted on 31 March 2015 | 9:28 am
The Sidekik app, which is accepting bitcoin in its crowdfunding campaign, is intended to bring real-time accountability to law enforcement by streaming video and audio of encounters with police to Maidsafe. The goal is to protect the integrity of evidence. The app, which began its second stage of crowdfunding March 9, will do far more than just video and audio streaming. An army of attorneys is being built who will compete to be your representative if you happen to need them during an encounter with police. Sidekik seeks to connect attorneys with potential clients when they need legal representation the most. The Sidekik team says there is an inherent power imbalance between law enforcement and civilians during these encounters, as […]
The post Sidekik: A Blockchain Backed App that Intends To End Police Brutality appeared first on Bitcoin Magazine.
Posted on 31 March 2015 | 9:09 am
All this week, decentral.tv will be airing segments from the first Decentralized Technology (DEC_TECH) event held at MaRS Discovery District in Toronto, presented by Decentral. Held on March 17, 2015, the event drew a crowd of over 300 digital currency enthusiasts. Monday’s segment begins with opening remarks from host Anthony Di Iorio of Decentral and Adam Nanjee of MaRS. A series of presentations follows, beginning with Gerald Cotten, CEO of QuadrigaCX. QuadrigaCX is a Canadian exchange that recently became the first publicly traded bitcoin exchange in the world. Henry Chan, business technology analyst from Deloitte, then speaks about the value and the potential of the blockchain, followed by Mat Cybula of Cryptiv, who talks about how tipping can act as […]
The post DEC_TECH Toronto with Keynote Speaker Andreas Antonopoulos: This Week on Decentral.tv appeared first on Bitcoin Magazine.
Posted on 31 March 2015 | 8:28 am
Only 2.3% of Americans would trust bitcoin to send funds overseas in an emergency, according to a new survey by the Digital Currency Council. By contrast, 30.3% of the 750 "regular Americans" sampled would trust their banks to make international transfers. 23% of the people surveyed said that they would use Western Union, whilst 22% […]
Posted on 31 March 2015 | 5:56 am
FOR IMMEDIATE RELEASE Bitcoin Consumer Fair to be Held in Atlanta Atlanta, GA (March 19, 2015) – The Loudermilk Conference Center in Atlanta is slated to host the 2015 Bitcoin Consumer Fair on the 18th of April. The event is geared toward both consumers and merchants who are interested in expanding the use of Bitcoin in the Atlanta area, as well as those interested in working on the business and technology side of Bitcoin. Bitcoin is a form of digital currency which employs encryption techniques to regulate generation of currency units and verify transfer of funds. Bitcoin is not associated with and operates independently from any central bank. “You can put a bank in your pocket. That’s pretty amazing,” said […]
The post Bitcoin Consumer Fair to be Held in Atlanta appeared first on Bitcoin Magazine.
Posted on 30 March 2015 | 3:39 pm
Two undercover agents who contributed to the US government's efforts to take down Silk Road are expected to be arrested on Monday.
Posted on 30 March 2015 | 10:52 am
The Financial Action Task Force (FATF) has taken note of the issues hindering partnerships between bitcoin businesses and banks.
Posted on 30 March 2015 | 9:01 am
In an interview with CoinDesk, developer Chris Ellis discusses the ProTip project and how it hopes to solve past micropayments challenges.
Posted on 29 March 2015 | 12:40 pm
VC Fred Wilson shares his thoughts on New York State's revised Bitlicense regulations and the impact they may have on companies in the sector.
Posted on 28 March 2015 | 8:00 am
A special agent with the US Secret Service spoke out against bitcoin this week, arguing its primary use case is in illicit transactions.
Posted on 27 March 2015 | 4:15 pm
This week media coverage galvanized around positive stories reflecting the increasing interest of Wall Street in bitcoin technology.
Posted on 27 March 2015 | 1:05 pm
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