Coin News

Despite big names entering the bitcoin conversation this week, press coverage faded as bitcoin's price fell and eurozone uncertainty subsided.

Hybrid smartwatch manufacturer, Kairos, has partnered with global Bitcoin payment processor BitPay to accept bitcoin for their smartwatches and wearable devices. The dual US-South Korean company have come a long since launching their idea earlier last year, and have now raised over $2m in pre-sales from their website alone in order to deliver on the significant consumer demand. The U.S. and South Korean Company has received thousands of pre-sales for their smartwatches and wearable smart bands worth around $2 million USD. To meet the incredibly high demands of their customers, Kairos CEO and founder Sam Yung has announced that the company is willing to offer a 40 percent discount if the pre-orders are paid in bitcoin. Having recruited a significant […]

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In mid-June, Texas Gov. Greg Abbott signed into law HB 483, paving the way for Texas to repatriate $1 billion in gold from an underground vault in Manhattan operated by HSBC bank, bringing it home to be stored in a yet-to-be-built Texas Bullion Depository, reports HNGN, which also speculated whether this is the first step in Texas’ plan to secede. The gold is owned by the University of Texas’ endowment fund. “Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals,” Abbott said in an official statement in June. “With the passage of this bill, the Texas Bullion Depository will become the […]

The post The Texas Bullion Depository Challenges the Federal Reserve System appeared first on Bitcoin Magazine.

This episode features the debut of a new weekly feature, our weekly market update with Venzen Khaosan, our resident market analyst and Bitcoin trader who is most active over at XBT.social. Following that, an interview with a person calling himself Sal Paradise, the supposed helper of Funkenstein the Dwarf, the creator of Woodcoin. What is Woodcoin? Listen and you'll find out. Full disclosure: I'm a huge bag holder. What are you holding a great deal of, and who would you like to hear from here on CCN? Reach out and let me know, either in the comments here or via […]

The post CCN Podcast Episode 13: Middle Earth's Own Cryptocurrency? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin enthusiasts in the European Union have shared their thoughts on the European Court of Justice's (ECJ) proposal for bitcoin VAT exemption..

Bitcoin exchange CEX.io has partnered with AstroPay to launch local currency account deposits and withdrawals in Latin America.

A spokesperson for ING Group has clarified that its customers are able to buy bitcoin via company bank accounts.

A recent study by the Lawrence Berkeley National Laboratory has concluded that up to 7 billion barrels of oil per year could be saved in a future that included artificially intelligent, electricity-fueled cars.

The post Smart Taxis Could Save 7 Billion Barrels of Oil Per Year appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The Jonathan LeVine Gallery, a fine art gallery in New York City that already accepts bitcoin for online art purchases, has begun accepting Dash, a cryptocurrency formerly known as Darkcoin. The move builds on the establishment’s reputation for being at the forefront of the cryptocurrency movement, so its clients have the best payment options available, according to Danielle Link, the gallery’s spokesperson. “Accepting Dash will open us up to new markets, specifically to those who have cryptocurrency and are searching for places to spend it,” Link told CCN. “It is also the wave of the future and we want to […]

The post Manhattan Fine Art Gallery accepts Bitcoin and Dash to Gain Access to New Markets appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin core developer Jeff Garzik has proposed increasing bitcoin's block size limit to 2MB. Blocks – which are created every 10 minutes – currently hold only 1MB of transactions each. However, if the bitcoin network is to scale competitively it will need to exceed the three to seven transactions per second it currently supports. With the 1MB limit looking […]

Searching the Google Play store for Bitcoin-related applications can be a somewhat harrowing experience. Invariably one will come across questionable applications and occasionally finding a certain wallet can be impossible due to the uncanny nature of SEO mechanics. Nonetheless, some important applications have come about in the Bitcoin Android space, and we're not talking about wallets or price watchers. We're talking about the games! Also read: 5 Ways to Get Free Bitcoins 1. Oh Crop! The newest contender in the category is Oh Crop!, a game much like Plants vs. Zombies in which the player must defeat evil plants. Every […]

The post Get Paid Bitcoins to Play Mobile Games appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The web wallet service Snapcard has partnered with Ifeelsgood, a company that facilitates reward programs for companies with large customer bases such as Walmart and McDonald's. You guessed it: Ifeelsgood clients will now be able to reward their customers with bitcoin as opposed to silly digital goods or special coupons. For Ifeelsgood, the partnership means that the company will be able to offer its services worldwide, as opposed to the 30 countries it had previously operated in. For Snapcard, potentially thousands of new clients will experience their service for the first time via a trusted brand. Also read: Snapcard Enables […]

The post Walmart, McDonald's & More Now Able to Integrate Bitcoin Into Rewards Programs appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

An unidentified, unverified video has been circulating on the Internet for the past couple of days, depicting a drone firing what appears to be a Glock-style pistol four times. Most interesting about the clip is that the drone adjusts itself after the recoil of each shot, giving it time to reposition on the target.

The post Flying Gun? Armed Drone Robbery? Amateur Weaponized Drone Built (Video) appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin price took the declining path, yesterday, and bounced from the 1-day 20MA in most exchange charts. The prospect of continuing decline is on everyone's mind, and analysis posted here for the past few weeks has favored a large decline. xbt.social analysis remains biased to the downside, but there is an argument to be made for resumption of advance from current levels. 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: 04h50 UTC […]

The post Bitcoin Price Decline Finds Support appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Press Release: I/O Digital sets to release the first ever decentralized identity sidechain using a distributed  blockchain based DNS system. This system, known as DIONS (Decentralized I/O Name Server) will utilize the I/O Digital blockchain to attach sensitive identity credentials to a specific Bitcoin (XBT) or I/O Coin (IOC) address. The system allows for the registration of aliases, avatars, documents, making them fully transferable between users. DIONS will offer strong security by integrating a fully fledged RSA cryptosystem (using a 2048 bits long key). DIONS will support a decentralized messaging system. The system will enable fast, easy and secure communication between users. Not only will users be able to send encrypted private messages, they will also have the option […]

The post I/O Digital to Release World’s First Decentralized Identity SideChain For Bitcoin appeared first on Bitcoin Magazine.