Bitcoin Lending Platform Bitbond Rakes in 600K Euro Investment

Global Bitcoin P2P lending platform Bitbond has raised 600,000 euros in second tranche of angel funding. The platform’s total funding for the round has now reached 800,000 euros. The prominent angel investors this time included Florian Heinemann and Uwe Horstmann (Project A), Christian Vollmann (early investor in ResearchGate), and Felix Jahn (co-founder of Home24). Bitbond […]

Breaking: 21 Inc Releases New Bitcoin Mining Chip for Smartphones

2015 might be the year of the Bitcoin start-up 21 Inc. The record-holder for the most well-financed Bitcoin company in history, 21 Inc.’s $116 million venture capital treasure chest is now starting to bear fruit. Today, 21 Inc. has released plans for their new and revolutionary Bitcoin mining chip called the 21 BitShare, according to […]

African Bitcoin Remittance Service BitPesa Expands to Tanzania

African Bitcoin startup BitPesa launched its remittance service in Tanzania today. The service previously was available only in Kenya, where the company is headquartered. It hopes to undercut the fees charged by incumbents’ remittance services. BitPesa launched its international money transfer in Kenya last year with the goal of expanding the service to the rest […]

Bitcoin Retailer Harborly Launches in the US and Gears Up For India Expansion

Texas-based startup Harborly launched its Bitcoin retail service in the United States today. Harborly, which was already operational in Canada, will be the first U.S. bitcoin-buying service to offer users the ability to lock their bitcoin to a fixed U.S. dollar exchange rate when it launches the feature in June. Harborly, founded by computer programmers […]

Bitcoin Price Contracts To a Fizzle

Apparent price breakouts are occurring with greater frequency as the Bitcoin price chart is shunted this way and that by concentrated forces inside a narrow consolidation channel. The bears are convinced price is about to drop to the floor. The bulls are stacking orders for a spectacular rally. Best to buy one ticket for each […]

Hong Kong Banks Targeted By DDOS Attacks, Bitcoin Payout Demanded

On May 9, an international group of hackers launched distributed denial of service (DDoS) attacks on two of the largest financial institutions in Hong Kong. Hong Kong police confirmed that they have received reports from the Bank of China and the Bank of East Asia claiming that the hackers demanded payments in bitcoin. “The two […]

Bitcoin Shop Inc. Invests $1.5 M In Bitcoin Mining Company Spondoolies-Tech

Bitcoin Shop Inc. has invested $1.5 million in Spondoolies-Tech Ltd., an Israel-based bitcoin mining company. The investment follows the announcement that BTCS and Spondoolies plan to merge. The investment marks the first step of the merger. The two companies will create the first publicly-traded company to produce bitcoin transaction verification equipment. It will also deploy […]

Russian Court Overturns Ban on Access to Bitcoin Websites

Interest in bitcoin and blockchain technology by business and governments around the world increased in the past months. However, many governments have yet to take an official stance on digital currencies while some have placed restrictions or regulations on the use of Bitcoin. Russia was one of these countries, as it blocked access to websites […]

Bitcoin Price Won’t Budge

Bitcoin price has been a source of frustration lately. Sometimes traders might get the impression that the market is toying with them: self-evident wave patterns refuse to unfold as they usually do, and each price turn more bizarre than the one before. Some say this is the nature of markets – and of the Bitcoin […]

Futurists’ Views On the Next Decade, Bitcoin Could Play a Major Role

Over the past decade, numerous of technological developments have been introduced to the world. We’ve evolved to using smartphones with apps that allow us to be connected to the entire world at any given time. Cars are driving themselves; robots are getting close to being ‘real’ humans. A lot of the key aspects in our […]