Coin News

US presidential candidate Rick Perry has stated he supports "regulatory breathing room" for digital currencies such as bitcoin.

Bitcoin Press Release: US Based HashingSpace Corporation Announced it has been uplifted to a higher reporting status on the OTC Market. HashingSpace will now be listed as OTCQB: HSHS. HashingSpace provides scalable datacenter and technology infrastructure for the global adoption of Bitcoin including Bitcoin ATMs and hosted ASIC mining. WENATCHEE, WA / July 29, 2015 / HashingSpace Corporation (OTCQB: HSHS), a company focused on the global adoption of Bitcoin, announced today that it has officially been uplifted to a higher reporting status. HashingSpace will no longer be listed on the Pink Sheets and has been moved to OTCQB status. HashingSpace […]

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Blockchain startup Ripple Labs has added a former US Treasury Department official to its board of advisors.

A new survey has found that consumers believe bitcoin to be more inconvenient to use than traditional payment methods.

It wasn’t just regular consumers who were able to benefit from the much-anticipated Amazon Prime Day. Purse.io, the escrow service that connects users with bitcoin to users with Amazon gift cards, saw a significant amount of growth leading up to the big day. “We had the highest number of new users in a single week,” Andrew Lee, CEO of Purse, said in an interview with Bitcoin Magazine. There were a total of 2,145 new users during the week. However, the people weren’t just signing up and then forgetting about the website. Instead, they were actively participating on the site, purchasing goods. What surprised the team, though, was that it wasn’t just prime purchases that people were making. “There was a […]

The post Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day appeared first on Bitcoin Magazine.

As Bitcoin usage grows worldwide and attracts the attention of more governments and regulators, the complexities of ensuring compliance across different jurisdictions become greater and greater. Many quickly growing Bitcoin startups struggle with this issue and lack the knowledge base to ensure that compliance is sufficient. Taking it a step further, even if local regulations in an area are relatively lax, operating a financial services business without a bank account can prove tremendously difficult. And due to the fact that Bitcoin businesses are considered high risk and banks operate very conservatively, obtaining a local banking partner can be very difficult. “If we look at what’s going on the U.K., the country is very laissez-faire with regulation, but the banks won’t […]

The post Bitcoin’s Largest Publicly Traded Company Bridges Gaps to the Banking Industry appeared first on Bitcoin Magazine.

FairDebates.com, a project dedicated to changing the U.S. Presidential debates, is now accepting bitcoin as an option for contributing to the organization’s efforts to force the Commission on Presidential Debates to include independent candidates. FairDebates.com has launched a petition and is allowing supporters to contribute using bitcoin. “With thousands of liberty-minded supporters, Fair Debates is a natural fit with bitcoin,” said Ron Nielson, FairDebates.com senior advisor. “Over the past several months, increasing numbers of those supporters have expressed interest in contributing via bitcoin, and we are pleased to now offer that as an option.” FairDebates.com has added a bitcoin payment […]

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Felix Online, the student magazine of Imperial College London, has published an interview with the Respect Party candidate for mayor of London, George Galloway. The Respect Party is a left-wing U.K. political party founded in 2004 as an offspring of the Stop the War Coalition, opposing the Iraq War. The Party has been compared to “anti-establishment” political parties such as Syriza in Greece and Podemos in Spain. Galloway, a controversial politician who appeared in the Big Brother reality show in 2004, joined the Respect Party after having been expelled from the Labour Party. The Felix Online interview covers many topics of interest to London residents. Galloway is determined to “run Uber out of town” and formulates radical proposals for solving […]

The post London Mayoral Candidate Wants to Track £17 Billion City Budget in Real Time on the Blockchain appeared first on Bitcoin Magazine.

Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, director of technology and civic innovation at Microsoft. They led discussions on using the blockchain for fraud-free voting, storage of identities, response to natural disasters and a public ledger of properties such as land. Other speakers, including Chelsea Barabas, Ann Sim, Ryan Shea and Peter Kirby, focused on introducing the blockchain’s capability to decrease the amount of money spent annually on identity theft and records. Civic Infrastructure Sim, from international design and consulting firm IDEO, introduced the idea of frictionless transfer, […]

The post Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain appeared first on Bitcoin Magazine.

Zooz is a traditional payment rail provider that wants to add Bitcoin to its offerings for customers. Making partnerships with companies like Zooz has been Bitnet's specialty so far. Previously the company has partnered with Cardinal Commerce, Limontek, and even enabled Bitcoin shopping for Rakuten, one of the largest online department stores in the world. Zooz bills itself as a company that provides innovative solutions to help customers maximize performance. Zooz and Bitnet today announced a partnership. Zooz's customers will be able to accept Bitcoin easily, almost with the press of a button. Like other payment providers, Bitnet hedges against […]

The post Bitnet Partners With Payments Provider Zooz appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Activists in Portland are now bridge blocking an icebreaker from Shell that is heading to the Arctic region by rappelling down underneath the bridge. Greenpeace has started a petition to stop Shell from drilling for oil in the Arctic the next coming days. More than 380 000 people have signed it, calling Obama to stop Shell's expansive Arctic plans.

The post BREAKING: Activists in Portland are Bridge Blocking Shell's Arctic-bound Icebreaker appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Brian Forde from the MIT Media Lab believes that the block chain and related technologies may serve to remind the government that they need to become more transparent and open. Forde's Digital Currency Initiative is specifically looking into ways that the block chain can be a force for social good. According to him, the block chain can be used to distribute social welfare. Forde thinks that some of the best innovations will come from the developing world, as their banking infrastructure is not as strong, and they can come up with stronger, more creative uses of the technology. It turned […]

The post Microsoft, MIT, and the Bitcoin Block Chain For Social Good (VIDEO) appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Russia's media watchdog has told Zuckerberg Pozvonit, a local tech news site, it must delete or edit a bitcoin-related article.

Recent reports in the mainstream technology press are worried that Mike Tyson's Bitcoin ATM may never come to exist. They base their fears on what they cite to be the backgrounds of some of the people apparently involved in the project. While their fears could be true in theory, we have to ask ourselves why the companies in question would bother with a big name like Mike Tyson if they were just trying to scam people. It would seem less than worth their time to hire Tyson to help them promote the Bitcoin ATM. Also read: Mike Tyson Enters The […]

The post Op-Ed: Is Mike Tyson's Bitcoin ATM Fictional? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin trading attempted a push to $300, yesterday, but failed short of the target. Bitcoin price is currently declining along with its descending 1-hour 20-period moving average and the support floor may comfort traders after the scary experience. 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: 08h24 UTC Bitfinex 1-Hour Chart From the analysis pages of xbt.social, earlier today: A lot of pushing and pulling in yesterday's choppy price action just below […]

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