Circle Becomes the First Bitcoin Enterprise to be Licensed in the UK

Published on 2016-04-08 09:52
Circle
Circle, a Bitcoin Wallet service startup, has become the first Bitcoin company to be granted an electronic money license from Financial Conduct Authority, the United Kingdom’s financial regulator. This is the second time the company is beating all the others in getting approval from regulators.  In September 2015, it received its license ahead of any other Bitcoin business in New... read more »

You Can Now Watch Deep Web on Netflix

Published on 2016-03-30 11:11
Starting on 31st of March 2015, you will be able to watch Deep Web, a 2015 documentary about Silk Road, on Netflix. Up until now you could only watch it through its official website, iTunes and BitTorrent. A quick reminder; Silk Road was the website accessible only through TOR where one could buy anything from drugs to firearms using Bitcoins.... read more »

Elliptic Raises $5 Million, To Increase Capacity in Bitcoin Surveillance.

Published on 2016-03-23 08:24
Elliptic, a company that offers the services of surveillance on Bitcoin-related criminal activities, has raised $5 million in a Series A round. Investors who took part in the round include Digital Currency Group, KRW Schindler Private Ventures and Santander Innoventures. Others are Octopus Ventures and Paladin Capital Group. In July 2014, the company had raised $2million in seed fund from Octopus Ventures... read more »

Microsoft Still Taking Bitcoin, Information to the Contrary was an Error

Published on 2016-03-16 16:15
Microsoft has come out to deny reports that it has stopped taking Bitcoin for app and game purchase at its Windows and Xbox Stores. The technology company has also gone a step further and apologized for a notice published on its FAQ page, which started all this, terming it as an error. “We apologize for inaccurate information that was inadvertently... read more »

It is International Women’s Day; BetChain has a Special Treat

Published on 2016-03-08 12:23
If you haven’t noticed yet, the 8th of March is the International women’s day. It is the day the world celebrates women’s economic, political, and social achievements as well as their place in society. BetChain, one of the leading online Bitcoin casinos has an offer to mark and make the day even more special by helping players celebrate and at... read more »

Intel Working to Bring Fantasy Sports onto the Blockchain

Published on 2016-03-05 16:55
Intel, a leading technology company, is working on a project that will bring Fantasy sports games onto the Blockchain, the decentralized digital ledger that underpins bitcoin. The concept was unveiled late last month at a closed-door presentation to the participants of the Hyperledger project, a blockchain project lead by Linux Foundation that brings together close to fifty financial institutions and... read more »

Coinbase is not a Wallet; Brian Armstrong, its CEO, Says

Published on 2016-02-26 18:12
While Coinbase is holding close to 10% of all Bitcoins in circulation on behalf of its customers, its CEO and co-founder, Brian Armstrong, has stated in a rather long article published on Medium that the San Francisco-based company is not a wallet service. “I feel like a lot of confusion and anger has been voiced by customers who thought they... read more »

Bitcoin Sees Highest Number of Transactions after Bitcoin Scaling Consensus

Published on 2016-02-25 10:12
It is an almost obvious fact that the number of transactions is at the center of the ongoing debates about the future of Bitcoin. Indeed, it has never been a bone of contention that the Bitcoin network needs to scale regarding the number of transactions it confirms to compete with the likes of Visa. The only question that has remained... read more »

Consensus Reached on Bitcoin Scaling; SegWit in April, Bitcoin Core Hard Fork in 2017

Published on 2016-02-21 10:02
Bitcoin miners controlling about 80 percent of the network’s hash power, Bitcoin Core developers and representatives of various enterprises within the Bitcoin ecosystem have been meeting in Hong Kong for over 18 hours to discuss the way forward for the scaling of the network. They have just announced a consensus on an array of issues. In a statement released on... read more »