GAW Miners Lawsuit Ends With $340k Default Judgement
A Mississippi court has ordered a judgment of default in favor of a state electric utility in its case against GAW Miners.
Bitcoin Price and the Yuan
Bitcoin price diverged between exchanges today as a surprise yuan devaluation shifted buying pressure to the BTC/CNY exchange charts. The yuan is responsible for the greater bulk of bitcoin trade and showed its influence in the chart today. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]
Bitcoin Remittance Startup 37coins Announces Closure
Bitcoin remittance startup 37coins is closing its doors, with users having until 30th December to withdraw their balances.
Bitcoin Adoption Growing in Brazil Despite Poor Perception, Real Inflation Rate Hits 9.6%
Is the high inflation rate of 9.6 percent the reason people are turning to Bitcoin in Brazil? The simple answer is no. Recent statistics and infographics published by global bitcoin payment processor BitPay revealed that the volume of bitcoin transactions in Latin America has increased by 120 percent, and almost doubled in quarterly transactions. Many […]
Bitcoin Product of the Week: Silent Pocket Make Your Device Undetectable
Silent Pocket is the first product featured as the Bitcoin product of the week, a new series from Bitcoin Magazine highlighting some of the cool, interesting, or funny things you can buy with bitcoin. What should we cover next week? Let us know at [email protected]. Silent Pocket is a wireless shielding technology integrated into sleek leather goods […]
94 Billion Dollar Greek Bailout In Last Stages
Early this morning European time, Greek financial ministers and Eurozone representatives reached an agreement after an all-night negotiation session. The deal will last three years and amount to $94 billion. “The institutions and the Greek authorities achieved an agreement in principle on a technical basis. Now as a next step, a political assessment will be […]
Institutions that Understand Bitcoin and Digital Currencies will Lead the New Monetary System, says BBVA
In April, Bitcoin Magazine reported that BBVA, one of Spain’s major banks, was among the sponsors of the Digital Currency Summit in Madrid. Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain after Santander, is recognized within the industry for being more pro-technology than many of its competitors. “Some bankers and analysts think that […]
Why We Need DAOs: the Shitiness of Man
This year I had the honor of presenting at the BIL conference in Vancouver, BC, a decentralized and open source alternative to TED. My topic, of course, was the blockchain revolution. Everything went very well, but there was one question from the audience that made me think: “Don’t you think replacing humans is a bad […]
Bitcoin Price Decline Incomplete
Bitcoin price was pulled lower today and began a corrective advance that has now paused. Analysis shows that at least one more small wave of decline can be expected. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount […]
Bitcoin Exchanges Kraken and Bitfinex Cut Services in New York
Bitcoin exchanges Kraken and Bitfinex have indicated they will not be applying for licenses to operate in New York.