August 2015

Bitcoin Business

Crowdsource Processing Power and Compute for Humanity

compute for humanity How do we use technology for the betterment of human life? Not everyone is lucky and there are many across the world in need of food, shelter, healthcare facilities, education and much more. There are various organizations spread across the world who…

cineramaAugust 30, 2015

Bitcoin Business

BitPay: ‘Silicon Valley is Becoming a Bitcoin Hub’

Bitpay Chief Commercial Officer Sonny Singh, whose responsibility is to bring bitcoin to the masses and to small businesses worldwide, led a discussion about bitcoin , the importance of the block chain technology to banks, the rapid growth in VC investments, and the benefits of…

cineramaAugust 30, 2015

Bitcoin Business

Gyft Co-founder: Bitcoin Payments Have Decreased by 80%

When digital card platform Gyft first integrated bitcoin payments, they accounted for 90% of the company's sales, with PayPal and credit cards making up the remaining 10%, but this has all changed, according to the firm's co-founder and CEO Vinny Lingham.The California-based company integrated bitcoin…

cineramaAugust 30, 2015

Bitcoin Business

Bitmain Announces Launch of Next-Generation Antminer S7 Bitcoin Miner

Bitmain, the Bitcoin mining ASIC provider, Sunday announced the release of its next-generation Bitcoin miner, the Antminer S7, using the recently announced BM1385 ASIC .The company argues that “this machine is not only our most efficient ever, using less than half the energy per gigahash…

cineramaAugust 30, 2015

Bitcoin Business

Gift Cards On-The-Go with Bitcoin on CardCash

Do you have bitcoins and don’t know how to spend it on one of the large format stores or an e commerce site that does not accept bitcoin. There is a solution for that and it’s called gift cards. There are many services that allows…

cineramaAugust 30, 2015

Bitcoin Business

MyCoin Ponzi Scheme, Taiwan Cops Net Two More

MyCoin was one of the biggest scams to hit the shores of Hong Kong this year. The alleged bitcoin exchange based out of Hong Kong was in fact an elaborate Ponzi scheme that successfully managed to rip off over $387 million dollars in customer investments…

cineramaAugust 30, 2015

Bitcoin Business

Growing Metal, Printing Humans And Repairing Robots

In the early part of last week it was like whack-a-mole. Every time it looked as though stocks might see the light of day and pop higher they were pounded lower yet again as investors worried about the ever-shrinking Chinese economy … The situation got…

cineramaAugust 30, 2015

Bitcoin Business

ChangeTip Makes it Easy to Earn Gift Cards

ChangeTip Logo White CNRT What is your worst Christmas memory? Were you expecting something fantastic and grandiose from your friends or relatives, only to open the box and discover a pair of socks smirking back up at you? Did your disappointment grow when you realized…

cineramaAugust 30, 2015

Bitcoin Business

Are Universities Likely to Offer Bitcoin Degrees in the Future?

Iowa State University Alumni Hall Bitcoin first entered the American university system in 2014 when New York University and Duke University announced that they would be offering inaugural courses on digital currency. The blockchain has since spread itself into the halls of Princeton, Stanford ,…

cineramaAugust 29, 2015

Bitcoin Business

Gyft Yourself With Bitcoins From ChangeTip

ChangeTip, the bitcoin based microtipping platform has now come up with an option that will help the souls who receive tips to convert it into actual real life physical goods. That’s great news for all ChangeTip users who have been receiving tips for all the…

cineramaAugust 29, 2015

Bitcoin Business

Canadian Pension Fund’s OMERS Ventures to Invest in Bitcoin 2.0

omers ventures It looks like the Canadian pension fund either has a greater risk appetite, overtly optimistic or just doesn’t care. I would prefer to think that it is the former two. Either way it is good for the crypto-industry.On a serious note – The…

cineramaAugust 29, 2015

Bitcoin Business

Bitcoin Block Battle: Top Corporations Support BIP 101 as Debate Rages On

The battle rages on within the Bitcoin community on how to move forward with potential hard fork changes designed to accommodate larger block sizes. Jeff Garzik’s BIP 100 proposal has taken the mining industry by storm, gathering a majority of support of those currently voting.…

cineramaAugust 29, 2015

Bitcoin Business

Andreas Antonopoulos Thinks Bitcoin ATMs Need to Be Completely Redesigned

Mastering Bitcoin Author Andreas Antonopoulos recently gave at talk at Harvard’s i-lab , spending much of his time in front of a small audience describing the various issues with Bitcoin as a brand. He noted many problems with the terminology used in Bitcoin, and he…

cineramaAugust 29, 2015

Bitcoin Business

BIP 100 Support Grows; 21% Attack Worries Remain

Many major mining pools and firms including KnCMiner, Bitfury, f2pool, BTCChina and 21 Inc. have begun to publicly support Jeff Garzik’s BIP 100, by dedicating a huge part of their hashing power to mine BIP 100 blocks.As Bitcoin Core Developer Jeff Garzik explains, the objective…

cineramaAugust 29, 2015

Bitcoin Business

Blockchain Tech Could Save Global Business $550 Billion Per Year

Jeremy Almond is cofounder and CEO of PayStand, a payments-as-a-service platform. He is a frequent speaker on next-generation payment technologies, including bitcoin and the blockchain. Here, he examines whether open Internet standards and blockchain technology can rescue the last bastion of analog payments. Check book,…

cineramaAugust 29, 2015

Bitcoin Business

Oxford Dictionaries Updates ‘Blockchain’ and ‘Miner’ Definitions

Oxford Dictionaries Updates 'Blockchain' & 'Miner' Definitions. Two years after adding the term ‘bitcoin’ to its dictionaries, Oxford University Press added new definitions for related words “blockchain” and “miner”. The online language resource ( oxforddictionaries.com) highlighted its latest additions in a blog post, which also…

cineramaAugust 28, 2015

Bitcoin Business

Moniker Art Fair – First Major Art Fair to Accept Bitcoin Payments

This year, the Moniker Art Fair returns to east London’s iconic Old Truman Brewery for its sixth year, having firmly established itself as London’s premiere event for contemporary art rooted in urban culture.This year’s edition, Moniker Art Fair has teamed up with global art, music…

cineramaAugust 28, 2015

Bitcoin Business

Gildera API Provides Functionality for Bitcoin Apps

Gildera API Provides Functionality for Bitcoin Apps. Gildera API makes it possible for bitcoin apps to harness the functionality needed to buy and sell the cryptocurrency. In particular, this feature makes it possible for users to transact using bitcoin from the wallet of their choice…

cineramaAugust 28, 2015

Bitcoin Business

Commonwealth Governments to Start Bitcoin Regulation?

Commonwealth Governments to Start Bitcoin Regulation- In the Commonwealth’s Virtual Currencies Working Group conference held in London, participants agreed that there is a need for governments to start bitcoin regulation. Among most countries included in the group, there is still very little bitcoin regulation to…

cineramaAugust 28, 2015

Bitcoin Business

US: Teenage Isis supporter sentenced to 11 years in prison for promoting terror group on social media

Ali Shukri Amin, 17, from Woodbridge pleaded guilty to conspiring to provide material support to Isis A Virginia teenager has been sentenced to 11 years in prison for running a pro Islamic State Twitter account. Ali Shukri Amin, 17, from Woodbridge pleaded guilty to conspiring…

cineramaAugust 28, 2015

Bitcoin Business

Bitcoin firm Bitreserve adds four more currencies

Bitreserve Vice-Chairman, Head of The Reserve and Investor Relations J.P. Thieriot in the company blog post has announced that the firm has added four European currencies to their list.The currencies that have been included are Danish Krone (DKK), Norwegian Krone (NOK), Swedish Krona (SEK) and…

cineramaAugust 28, 2015

Bitcoin Business

Coinbase allows buyers to use 3D secure cards to buy Bitcoin

Virtual currency company Coinbase has announced that to buy Bitcoin, now users can use 3D Secure enabled credit and debit cards. This facility can be availed, at present, by its Spanish and British consumers.The 3D Secure feature works by enabling the two-factor authentication that will…

cineramaAugust 28, 2015

Bitcoin Business

Vogogo Impresses With Q2 Release

Vogogo to Get Even Better with Extra $12.5 Million On August 26, 2015, we got word of Vogogo Inc’s ( VGO.V ) second-quarter financials. As part of the report, and in addition to its financials, the company announced a number of operational highlights. Here’s a…

cineramaAugust 28, 2015

Bitcoin Business

Why I’m opting out of ‘the conversation’

What’s everybody talking about today? #Whocares? Not me anymore. How many times has this happened to you? You’re with a bunch of people, and they’re talking about Game of Thrones or the new Zinfandels and you’re totally lost. It used to be because you were…

cineramaAugust 28, 2015

Bitcoin Business

Bitcoin in the Headlines: Kingpins and Dark Markets

Despite a few high-profile stories, the bitcoin and blockchain industry ended the calendar summer on a down note, with media outlets mostly rehashing well-worn stories.Still, the notoriety of the publications providing coverage was of note, with The New Yorker and Rolling Stone adding to the…

cineramaAugust 28, 2015

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