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…
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…
For some strange reason Apple has decided to distance itself from the Bitcoin community and the company has gone as far as rejecting several apps from being downloaded from the App Store, all because they have Bitcoin functionality. Many say its because of the unclear regulatory issues surrounding the currency and at the moment Apple…
Popular ecommerce website TigerDirect now officially accepts Bitcoins as payment method. More then 200.000 products available at TigerDirect can be purchased using Bitcoins. During the Checkout process you will be able to select "Bitcoin" as a payment method from now on and then proceed to scan the QR code with your smartphone in order to…
Between 15 and 17 May the Bitcoin 2014 Conference in Amsterdam will take place. With the fast speed at which Bitcoins have been growing, more stores and restaurants accept Bitcoins as a payment method in Amsterdam, the capital of Holland there are a ton of restaurants, stores, hotels, and other services where you can make…
Glasgow has recently introduced a new ticket system to ride the subway which has replaced the old fashion tickets and people now use Smartcards to ride the subway.A spokeswoman told EveningTimes that there are still many things to add to the card, but SPT which is the company responsible for public transport in Scotland and…