One topic of constant debate among Bitcoin enthusiasts around the world is regulation and legislation. Most people are in favor of regulation Bitcoin and other digital currencies, as it will give these currencies a more “legit” status. Crypto anarchists on the other hand want nothing to do with regulation, which is understandable up to some degree. But what if the US government decided to create their very own digital currency?
Buying Bitcoin in Germany has become a bit of a hassle, ever since Localbitcoins stopped operating in the country, and certain German banks start reversing Bitcoin-related bank transfers. But there might be a light at the end of this dark tunnel, as FIDOR Bank and Bitcoin.de have announced the launch of their Bitcoin Express trading system.
The Ghent Bitcoincity initiative is still in its very early stages, but according to several reports from the team, merchants seem to be rather open-minded to the idea of accepting Bitcoin at their brick-and-mortar locations. In order to convince more merchants, a Bitcoin presentation will be held on March 2nd, with the major event to follow on April 18th. In the meantime, two more retailers in Ghent have started accepting Bitcoin payments as of late.
Bitcoin community members simply can’t seem to catch a break these days. After all of the bad news coming from exchanges such as BitStamp, Bter and KipCoin, the biggest Bitcoin poker site - called SealsWithClubs - has shut down all operations without prior announcement. All users are advised to withdraw funds as soon as possible.
Europe is still lagging behind when it comes to Bitcoin adoption and awareness, but that doesn’t mean there is zero interest in digital currency. In fact, we see several new countries installing Bitcoin ATM’s for the very first time, such as Italy and Portugal. Despite the United Kingdom being known for very tight banking relationships when it comes to Bitcoin, several Bitcoin ATM’s are in operation there as well. And Wales just got their very first machine installed a few days ago.
The power of the blockchain is virtually unlimited, as developers and coding enthusiasts are only starting to scratch the surface of what this technology can do for all of us. While there is a definite need to make a lot of things more transparent, and we do need some better financial structures and systems, there should also be a time and place for gaming. In fact, using the blockchain for gaming purposes can redefine digital ownership as we know it today.
Bitcoin ATM’s are a dream come true, both for digital currency enthusiasts and people who want to own a machine themselves in order to make a nice monthly profit. However, investing in such a machine can be quite expensive. Robocoin, one of the top brands in the world of Bitcoin ATM manufacturing, has released their Cash SDK, which enables any ATM or kiosk to allow for Bitcoin transactions.
When it comes to Bitcoin adoption and awareness, Europe seems to be struggling a bit compared to other continents such as North America, Asia and even South America. But that doesn’t mean Bitcoin is not popular in our continent, the efforts just seem to be far more localized than we would like at this time. According to Alan Donohoe, one the founders of the Bitcoin Foundation of Ireland, that situation will change relatively soon.
Purchasing Bitcoin in Germany has become somewhat of a hassle over the past year. Things started going south when LocalBitcoins announced they would no longer operate in Germany due to regulatory issues. A few months ago, German/Austrian bank Sparkasse decided to reverse Bitcoin-related bank transfers with or without any warning. But have no fear, as things are looking up again thanks to Giropay and Coinimal.
Cointellect is a company with a lot to prove to both existing and potential new customers these days. Even though the company has seen a lot of initial success, they also got overwhelmed by it which caused payment delays among other issues. The recent contract changes the company announced didn’t help matters either. But by looking at their recent announcement, things might slowly start returning to normal.
Mobile Top-ups with Bitcoin are slowly becoming a new trend in 2015. Even though none of the “major” mobile operators is leaning towards accepting digital currency payments just yet, T-Mobile Poland has broken the ice in that regard. In fact, it’s not just T-Mobile Poland accepting Bitcoin payments, but its subsidiary Heyah as well.
Over the past month and a half, several notorious Bitcoin exchanges have been either breached or suffering from DDoS attacks. Things took a turn for the worse when Chinese exchange Bter admitted they lost over 7,000 Bitcoin a few days ago. And it looks like another exchange has been breached, as KipCoin posted a message on their website saying over 3,000 Bitcoin have been stolen from their platform as well.
While we hardly ever report on things going on at competing news web sites, it looks like things are taking a turn for the worse in the world of Bitcoin and digital currencies. CoinTelegraph, one of the few major Bitcoin news sites, has been experiencing a DDoS attack all day. Right now, it looks like their website or domain redirection has been hijacked, as it is pointing to Double Blue Sports & Recreation Association.
Bitcoin exchanges once again find themselves making headlines in mainstream media news over the past few days. As we have some to expect from our mainstream media colleagues, positive Bitcoin news is not worth reporting, but a bit of drama always sells more copies. Unfortunately for us Bitcoin enthusiasts, the mainstream media has had multiple feeding frenzies over what went down across some of the major digital currency exchanges this past weekend.
Gem (https://gem.co), the Venice-based Bitcoin startup offering a multi-signature security platform to Bitcoin developers, today announced a major shift in the future of Bitcoin security with the deployment of custom Hardware Security Modules (HSMs) from payment security giant Thales e-Security, now offered as part of Gem’s standard multi-sig wallet offering.
The company has spent months carefully and quietly planning to take the app public. Including running the payment and merchant services app through testing with a security firm. And holding Q&As in order to perfect their software and get everything right before debuting to the world.
Recent news have provided possible evidence for something every self-respecting post-Snowden internet-user has long-suspected. No, not that the government has taken a keen interest in Bitcoin. We already know they have. Rather than corporations that facilitate the use of Bitcoin are beginning to mirror their FIAT cousins in monitoring consumer behavior.
Ciphrex Corp. has successfully completed the sale of its Series-A stock offering. “We are glad to announce we’ve met our goal of raising half-a-million dollars in this initial round. These funds will allow us to further advance, promote and expand our line of products,” said Enrique Lombrozo, Co-CEO and Chief Operations Officer.
NEW YORK, NY (January 12, 2015) - Coinsetter, the Wall Street institutional-level bitcoin exchange, today announced it will begin offering margin trading and post-trade settlement to select business customers. Post-trade settlement allows customers to place trades on Coinsetter’s order book before making a deposit. This structure allows customers to trade without holding large balances on an exchange, limiting their exposure to third-party risks. In addition, the new program allows market makers to short bitcoin on Coinsetter’s exchange.
New Hampshire-based cryptocurrency startup ziftrCOIN(https://www.ziftrcoin.com/) is excited to announce that ziftrCOINs will be listed on popular cryptocurrency exchanges Cryptsy and Melotic in 2015 when the coins are released. Cryptsy will also work with ziftrCOIN to integrate with ziftrPAY, Ziftr’s secure API that enables retailers to accept all types of cryptocurrency in addition to credit card payments.
The future of both payments and the internet is mobile: if blockchains are to become a pillar of web 3.0 and the Internet of Things, their mobility is essential – and this means that blockchains will need to be both small and interoperable. To this end, XCurrency will shortly release a prototype inter-blockchain mobile app that implements the Blocknet’s prototype P2P protocol. For the first time, mobile communication between nodes on different blockchains is enabled.
SpaceBIT, the first decentralized space company, has announced its program to create a space banking platform for digital currencies. The company plans to launch a constellation of satellites that will act not only as depositories for digital cash, but also as a platform to provide global and universal access to remote areas around the globe where payment infrastructures are non-existent.
Since the rise of Bitcoin trading in digital currencies has exploded, with a current estimated market capitalisation of nearly US $7 billion (£4.3 billion). With new altcoins created every week, and fortunes to be made, the demand for secure platforms to trade digital currencies has also grown.
Amidst a burgeoning “blockchain 2.0” scene, the Blocknet shifts paradigms with what can only be called “inter-blockchain 2.0” technology.
There will never be just one blockchain. If the tremendous potential of blockchains is to be realised, humanity’s vast services and data requirements will require many. And these chains will need, of course, to interoperate. Enter the “internet of blockchains,” the Blocknet – with its prototype inter-node protoco