Bitcoin

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator.  It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Below you will find the latest article about Bitcoin.

NY’s Hester Street Fair Teams Up with BitPay for Weekly Bitcoin Market
June 8th, 2014

Traders at the NY Hester Street Fair this year will start accepting bitcoin payments for its artisan goods.

Bitcoin Moves One Step Closer as Lawful Money Status in California
June 7th, 2014

The authorities of California State has finally legalized bitcoin.

Bitcoin Venture Capital This Year Already 30% Higher Than Total Investment in 2013
June 6th, 2014

The amount of bitcoin venture capital raised this year is higher than the total investment made in 2013.

‘PayPal Will Have to Integrate Digital Currencies,’ Says eBay CEO John Donahoe
June 5th, 2014

eBay CEO John Donahoe considers bitcoin integration into its payment system is inevitable.

Xapo Will Launch Bitcoin Debit Card Until End of The Month
June 5th, 2014

Bitcoin vault Xapo announced it is to launch its much-awaited bitcoin debit card this month.

KnCMiner’s Scrypt ASIC Titan to Deliver 400 MH/s, Tape-Out Imminent
June 4th, 2014

Swedish company KnCMiner announced the tape-out of its 400 MH/s Titan scrip miners will is planned in the near future.

Rapper 50 Cent Accepts Bitcoin for New Album ‘Animal Ambition’
June 4th, 2014

Curtis Jackson, aka “50 Cent”, began accepting bitcoin payments for his new album.

Previously Banned CoinJar App Returns to Apple’s App Store
June 4th, 2014

Australia-based bitcoin wallet CoinJar reported that its iOS app can now be accessed by iPhone users in the UK and Australia, following the Apple Inc’s update to its App Store guidelines launched on June 2nd, 2014.

WWDC 2014: Apple Allows Virtual Currencies in Apps, Opening Door to Bitcoin Payments
June 3rd, 2014

Apple Inc. has changed its App Store policy to reverse a ban on allowing in-app payments using virtual currencies such as Bitcoin.

‘Bitcoin a Threat to Debit and Credit Card Issuers,’ Says Citibank
June 3rd, 2014

Citi has issued a report about bitcoin that stated the digital currency could surpass traditional payment services in the next years.

Texas Alcoholic Beverage Commission OK’s Bitcoin-for-Alcohol Sales
June 2nd, 2014

The Texas Coinitiative updated interesting news on their blog: The Texas Alcoholic Beverage Commission OK’s Bitcoin-For-Alcohol sales.

Australian Fast Food ‘Hero Subs’ Becomes Melbourne’s First to Accept Bitcoin
June 2nd, 2014

Australian fast food shop Hero Subs became the first restaurant that began accepting bitcoin in Melbourne.

Bitstamp, One of the Largest Bitcoin Exchanges, Passed Audit
June 1st, 2014

UK-based bitcoin exchange Bitstamp has passed an audit run by BitcoinJ developer and former Google engineer Mike Hearn.