The world of Bitcoin and digital currency keeps evolving at a rapid pace, and more and more companies are inking partnerships in order to speed up global adoption. One of the things Bitcoin enthusiasts like to do is buy things on Amazon with BC, and get a discount for using Purse.io. But Now you can …
Shop on Amazon With Shapeshift.io Supported Coins To Get A Major Discount! Read More »
The devastating earthquake that hit Nepal last weekend has left the world stunned. With so many lives lost and tens of thousands of survivors affected by the ramifications of this disaster, relief efforts are being set up all over the world. And the Bitcoin community has shown a tremendous support so far, so much even …
Bitcoin Exchange Igot Launches Nepal Earthquake Relief Initiative Read More »
The Leftover Bits is your source for daily bitcoin news. Everything you need to know, in a easy to digest format. Western Union Testing Ripple Ripple, for whatever reason, seems to have an in with the traditional players in finance. In a surprise move that reinforces that belief, Western Union is running a “pilot” program with Ripple, …
Welcome to the Leftover Bits, your source for daily bitcoin news. Circle Raising Some Cash Circle is in the middle of a USD $40 million funding campaign that looks to set the company’s evaluation at USD $200 million, according to Fortune. Circle is a web wallet, payment processor and exchange. Similar to Coinbase, Circle attempts …
Monday morning, Wired reported on an Overstock.com filing with the Security and Exchange Commission (SEC) that indicates the company will be releasing its stock on a cryptographically secure distributed ledger system. The implication seems to be that the distributed ledger system will be either Bitcoin’s blockchain or a similar technology, possibly Overstock’s own or one of the existing …
Three Bitcoin Hints Wired Missed In The Overstock SEC Filing Read More »
A lot of Bitcoin efforts are being focused on Western Europe, the United States and Canada. Neither of these three regions will benefits from Bitcoin as much as underbanked and unbanked regions of the world will. And to make it even more complicated, most of the Bitcoin mining is happening in Asia, which is also …
World’s First Bitcoin MIning Pool Targets Chinese Market Read More »
During a community hangout organized by the Paycoin Foundation, a surprise announcement was made that one Prime Controller is being held by digital currency exchange Cryptsy. The transaction was also posted about on the Paycointalk forums. According to that post, it seems plausible that the Prime Controller was given to get Cryptsy to update to the new Paycoin wallet. …
Breaking: Cryptsy Owns ‘Hyper Staking’ Paycoin Prime Controller Read More »
The Leftover Bits is the web’s best resource for daily Bitcoin news and opinion. ItBit Applies For NYS Banking License And here I was, thinking people got into Bitcoin to get away from banks. Bitcoin exchange ItBit has applied for a New York State banking license. If successful, ItBit would become the first Bitcoin company to be legally …
OpenBazaar Updates To 0.4.0 ‘Portobello’ OpenBazaar is the decentralized marketplace seen by many as the spiritual successor to the infamous Silk Road. Yesterday, it updated to version 0.4.0 for Linux and Mac users. Binaries have not yet been compiled (so you’ll have to do it yourself) and Windows users will have to wait until then …
Core Developers Join MIT’s Digital Currency Initiative Gavin Andresen and other leading Bitcoin Core developers are joining the MIT Digital Currency Initiative. The Bitcoin Foundation previously served as the primary funding source for Bitcoin Core development. We covered the Bitcoin Foundation’s serious financial issues, and we were told by former board member Olivier Janssens that the …
You’ve heard it a million times. Remittance is Bitcoin’s killer app. But Bitcoin still isn’t there. The remittance market remains dominated by the old guard that has controlled it for decades. Education is a major issue. While being entrenched in Bitcoin culture, it can be difficult to keep in mind that the vast majority of …
Welcome to the latest installment of The Leftover Bits, the best source for your daily bitcoin news. TradeBlock Teams Up With BitGo For Secure Professional Trading TradeBlock and BitGo will be creating a “modular infrastructure” together to bring BitGo’s industry leading security to TradeBlock’s professional level trading and analysis platform. The partnership was announced to …
The Leftover Bits 4/21/15: TradeBlock, Mt.Gox, Shapeshift and Naughty Police Read More »
Last Saturday, it was time to attend the Ghent Bitcoincity event. With 27 merchants accepting Bitcoin payments either online or at their brick-and-mortar location, there were plenty of places to visit and many bitcoins to spend. Plus, the first 100 attendees received a goodie bag with some interesting items. It was a fun day; the …
Ghent Bitcoincity Recap: Great Success and Tons of Fun Read More »
Following the recent additions of Counterparty and Monero, instant asset exchange service Shapeshift.io have today further expanded their service by integrating Tether, the first layer on the Bitcoin blockchain to allow fiat currency to be used in a similar way to Bitcoin. With the new integration, customers are able to buy and sell Tether without the …
ShapeShift.io Integrates Tether Into Its Asset Exchange Read More »
photo credit: The Sorcerer: Dawn of a New Age via photopin (license) Litecoin Association Director and CEO of the upcoming exchange Koinyx, Andrew Vegetabile, aka The Mage, has issued a public statement calling out GAW, Paycoin and Josh Garza. He finishes it off with a personal statement directed at Josh Garza, stating that he “fits the bill” …
photo credit: Sting via photopin (license) Rainforest Foundation Creates Its Own Coin So here is a new one: A cryptocurrency that has a relatively high transaction fee of 1.25% for merchants, but has that fee donated to a charity as a tax deductible donation. The Rainforest Foundation, rather than simply accepting bitcoin, has decided to …
Paycoin is clearly a mess. As everything falls apart and the price continues to drop ever further, those responsible and the hardcore faithful are predictably looking for a scapegoat. In my last Paycoin article, I compared former Paycoin developer Joe Mordica to Leon Trotsky of Russia (or perhaps more accurately, Snowball of Animal Farm). The …
The Ghent Bitcoincity event is almost upon us, and the time has come to do a quick recap of the mainstream media attention this event has been getting over the past few weeks. Furthermore, we will also look at some of the discounts you can obtain when spending Bitcoin in Ghent, as BTC discounts are …
Ghent Bitcoincity: Education, Fun and Bitcoin Discounts Read More »
Note: A previous version of this article stated that Charlie Shrem had been found guilty of money laundering. That is the offense he was charged with, but he plead to a lesser charge of aiding and abetting the operation of an unlicensed money transmitting business. We regret the error. Also, I messed up his name …
In a recent article we mentioned that Bitcoin hardware manufacturer SatoshiLabs – creators of the popular TREZOR wallet – were enabling a new feature called TREZOR Connect. This move was made in order to take on the current login system such as Google+, Facebook and Twitter that have been enabled on nearly every site. As TREZOR …
CoinPayments Enables TREZOR Connect Authentication Feature Read More »