Coin News

Romanian mobile payments provider Netopia mobilPay is now backing a proposal to leverage microSD cards to conduct offline bitcoin transactions.

Hyundai is the largest car producer in South Korea, so when it says something about the future of the auto industry, people listen. Today was no exception, as the company declared that there is a future in hydrogen cell vehicles as well as electric cars.

The post Hyundai Sees Future in Eco-Friendly Cars appeared first on CCN: Financial Bitcoin News.

Readers may remember back in March when the Bitcoin payment processor, Bitnet, partnered with Cardinal Commerce to add Bitcoin payment as an option to hundreds of recognizable brands. Bitnet is a company that aims to do the same thing that some in the Bitcoin space are doing already, but better. Through creating partnerships with traditional merchant payment service providers, the company is trying to position itself in a way that it will be the default option for many who may not yet have considered plan B. By simply having to tick an option with their existing platform instead of adding […]

The post Bitcoin Processor Bitnet Finalizes Partnership with Computop appeared first on CCN: Financial Bitcoin News.

 During patches of turbulence, pilots are trained to steer into the airborne trouble, much like when a driver encounters black ice. To increase the odds of coming out unscathed in either scenario, it’s critical to remain as calm as possible, even when all hell is breaking loose. Greece is now in a slide and her citizens, young and old, are looking for ways to keep their savings intact. One… Read More

Do you wonder where you can get some free bitcoins? For many of us, the discovery of Bitcoin is like the discovery of organic foods. We can see the benefits of using them but find it difficult to justify the cost, and then there is the risk that we'll be getting a bad deal since we don't know what we're doing. In Bitcoin, it's like every organic food store has someone out front, offering free samples. Also, there's a library everywhere you look, but only a few of those libraries have any good information. The largest traders would benefit a […]

The post 5 Ways to Get Free Bitcoins appeared first on CCN: Financial Bitcoin News.

Bitcoin micropayments startup Tibdit has raised £122,080 seed capital through a crowdfunding campaign.

As the world watches nervously, Greece, under pressure from the European Central Bank, takes the serious step of imposing capital controls: Banks are closed, ATM withdrawals are limited and funds cannot be sent out of the country. Capital controls will be in place at least until July 7 after Sunday’s citizens’ referendum that will ask Greeks if they want to remain in the European Union and accept their creditors’ terms. Will Bitcoin benefit from the current crisis? There’s lots of speculation that the rate of adoption of digital currencies may increase more rapidly as a result of the current crisis in Greece. CNN makes the case noting: “The world’s largest Bitcoin exchanges tell CNNMoney they’ve seen a surge of business […]

The post Digital Currencies a Silver Lining in the Dark Cloud of Greece’s Economic Crisis appeared first on Bitcoin Magazine.

Yesterday, Bitcoin Magazine reported that Greece had closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks with its international creditors. The decision came at the end of a weekend that brought Greece closer to “Grexit” – the potential exit from the Eurozone and perhaps the European Union (EU) itself – and confronted Europe with a serious crisis. Today, Jose Pagliery, the author of “Bitcoin – And the Future of Money,” reports on CNN Money that Greeks are rushing to bitcoin. The article includes testimonials from top bitcoin exchanges such as bitcoin.de, Bitcurex, and China-based LakeBTC, stating that they are seeing a surge of business and inquiries from Greece. This is, according to […]

The post The Fear of Capital Controls May be Spreading from Greece to Italy appeared first on Bitcoin Magazine.

tidbit, a London, U.K.-based online tipping and micropayments service that utilizes bitcoin, has raised £122,080 ($192,289) for 15.03 percent equity in seed funding through investment platform Seedrs. The funding will be used for marketing, incorporating additional features, and building the network of sites featuring tibdit. tibdit provides a fast and convenient tipping and donation service, giving users the chance to reward others online with payments between 3p and 75p. tibdit takes only 1.5p per transaction. tibdit facilitates such small payments through the use of bitcoin. The service makes sense for charitable organizations, bloggers and artists looking for ways to generate […]

The post Bitcoin Company tidbit Raises £122,080 in Seed Funding for Bitcoin Tipping Service appeared first on CCN: Financial Bitcoin News.

Bitnet, a bitcoin payments processor and the developer of the largest payment gateway (CyberSource, acquired by VISA) has entered into a strategic partnership with Computop, a leading payment service provider, to allow global merchants to accept bitcoin on Computop Paygate. Since its launch, Bitnet has focused its services to provide an enterprise-grade digital commerce platform with security, reliability and scalability standards demanded by global businesses. Through the Computop and Bitnet partnership, however, the multi-national bitcoin merchant processor is attempting to implement its technologies to allow businesses of any size to accept bitcoin in a simple, safe and secure manner. Bitnet bitcoin processors will be integrated in Computop Paygate, which will allow merchants to expand their businesses globally without cross-border fees. […]

The post Bitnet Partners with Computop to Offer Bitcoin Payments for Over 3000 Merchants appeared first on Bitcoin Magazine.

BitGo announced today the release of its latest product offering, Verified by BitGo, a product that provides a real-time view of bitcoin assets owned by a company. Whereas in the past, verification attempts were slow and often had security risk concerns, BitGo hopes that this will be a verification that allows it to publicly share all of its assets. Further, it will be able to cryptographically display that it is in a solvent state. When dealing with brokerages and wallets, knowing that the provider is solvent can go a long way toward making a decision on using a service. This service will enable end users to analyze what the company’s assets are and compare that to its liabilities, even drilling […]

The post BitGo Announces Launch of Solvency Proofs Verified by BitGo appeared first on Bitcoin Magazine.

In the midst of the ongoing financial crisis, Greece has stopped online payment transactions from going ahead using Greek debit or credit cards.

Like Verisign before it, Bitcoin security company BitGo has launched a new certificate called Verified by BitGo to ensure consumers that a Bitcoin business is solvent.

Adam Soltys runs Yummy Yards, which is an urban farm located in Vancouver and Richmond specializing in organic food. Yummy Yards grows a variety of organic produce and runs as a cooperative, with generations of growers passing it from one to the next. What does Soltys believe Bitcoin and cooperatives have in common? “They’re run voluntarily and democratically,” he told CCN. He gave himself a moniker once: “techno hippie.” When I asked him why, he didn’t hesitate to elucidate: “I chose techno hippy because I’m into environmentalism, yoga, eastern/newage spirituality, music festivals, psychedelic drugs, tuning in, dropping out, ecotopia and […]

The post Buy Organic Food With Bitcoin At Yummy Yards appeared first on CCN: Financial Bitcoin News.

If the human genome is the book of life, then CRISPR technology is its Microsoft Word, notes the Financial Times. The cut-and-paste genome editing technique, invented only three years ago, can remove stretches of DNA and, if required, insert new ones.

The post Gene Editing for Healthier, Long-Lived and Super-Smart Designer Babies appeared first on CCN: Financial Bitcoin News.

MIT says it's found a new, more efficient way to blend data mining with the privacy protections of encryption.

The post MIT’s Bitcoin-Inspired ‘Enigma’ Lets Computers Mine Encrypted Data appeared first on WIRED.

Bitcoin Price has been advancing persistently and hit $260 / 1620 CNY during today's Asia-Pacific trading session. xbt.social analysis considers what lies ahead. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 04h59 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: The advance is approaching target at $261 and 1621 CNY. Price has pushed relentlessly through resistance and into compounding divergence to the upside. The advance is now approaching […]

The post Bitcoin Price Rally To $260 appeared first on CCN: Financial Bitcoin News.

The Porsche 918 Spyder is the fastest accelerating car in the world, getting from 0 to 60 in about 2.2 seconds. However, Divergent Microfactories that has produced a 3D-printed car called the Blade says their car goes about .2 seconds faster than that, nonchalantly claiming to be faster than the fastest car in the world.

The post Can a 3D-printed Car Beat a Porsche? Meet Blade appeared first on CCN: Financial Bitcoin News.