The Search engine owned by Microsoft called Bing has just added support for Bitcoins to its currency converter which is intergated in to its search engine, the company announces on a blog postBing currently allows you to compare the price of bitcoins to over 50 currencies among those are dollars to pounds, euros to pesos or…
World's biggest Bitcoin exchange Platform called Mt. Gox has been shut down and since there have been absolutely no transactions made from the Address over the past couple of days, we could declare Mt. Gox officially dead as many of us don't expect the service to be around for much more longer. The problems of…
The value of the USD and other normal currencies are affected by different factors than Bitcoin, while usually, the value of $1 depends on the balance of trade, price of oil, gold, and many other things with Bitcoin it depends on different factors which are completely new to the economy. Let's take a look at…
World biggest online marketplace has recently filed a patent application called "System And Method For Managing Transactions In A Digital Marketplace" which indicates that eBay has created a system for digital currency processing that could mean we will soon start to see ebay accepting Bitcoins as a payment method, the patent filing states:
The currency module…
All though it isn't official we might see Google, one of worlds most innovating companies accept the latest disruptive technology since the Internet itself: Bitcoins. Reddit user JasonBored emailed Vic Gundotra ( Senior Vice President, Social for Google) to ask if Google Wallet will get support for Bitcoin any time soon, to which he got an immediate replyIn the…
At the end of February Shubham Shah notified in a blog post that a bug could cause huge harm to Coinbase worlds most popular Bitcoin exchange platform and it seems like hackers have exploited this security vulnerability Shubham has warned Coinbase about 4 months ago as hundreds of users are reporting on Reddit that they are receiving phishing emails…
The online currency based on the famous internet meme "Shibe" or Doge has been recognized as an official currency by the Bank of India. It has also recognized similar online currencies such as Bitcoins and Litecoins as official currency.Dogecoin started out as a joke but after getting a lot of media attention has grown to…
Over the past few days, you might have heard of this new "BitLicense" the license which started as a proposal on popular social sharing website Reddit where Ben Lawsky, Superintendent of Financial Services at the New York State Department of Financial Services (DFS) announced what is now known as the BitLicense proposal
What is BitLicense
The Bitlicense document…
TigerDirect announced earlier this week that it from now on accepts Bitcoins as the official payment method. After seeing Graphic Card sales go up by 50% and a huge increase in overall revenue it is safe to say that accepting Bitcoins as a payment method has been a success so far, but there is moreTigerDirect…
Satoshi, the creator of Bitcoin is expected to have many millions of Bitcoins making him the richest Bitcoin millionaire in the world, but there is currently only 1 block that has been confirmed is from Satoshi. On that block (Block 9) there were 50 BTC and they were the first bitcoins ever spent making them (back when…
Social Game service Zynga has teamed up with Bitpay to start accepting cryptocurrencies as payment methods for their web browse games it confirms in an official post on Reddit. Among these games are Farmville 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows, and CityVille.As of now, the feature will be launched worldwide but we don't…
All though criptocurrency is getting more and more popular it is still an issue to find places where to spend your bitcoins. With ATM's starting to appear accepting Bitcoin as payment there are also many stores that do so and we expect the number of stores to grow significantly in 2014.Bitmap App is an awesome…