Paying Your International Workforce with Bitcoins

The following is something we at NewsBTC can relate to. We have great writers and Bitcoin enthusiasts from across the world contributing to our magazine. When it comes to their remunerations, conventional money transfer across borders is a pain. But, we found a solution! Thanks to the evolution of internet and technology, it is now […]

The Bitcoin Economy Isn’t So Different from the Traditional One

As Bitcoin moves towards becoming a part of the mainstream economy, why should it be any different from the traditional economy? Well, that’s what the scenario looks like in the Bitcoin community. It is a well-known fact that 50% of the whole world’s economy is controlled by the top 1% of the population, similarly 99% of […]

Bitcoin Price Drops To $230

Bitcoin price headed lower today in a $8 sell-off (Bitfinex) catalyzed by the news that Silk Road’s Lars Ulbricht had been sentenced to life imprisonment & OKCoin was dealt another PR blow. This analysis is provided by with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive […]

Silk Road Creator Sentenced to Life in Prison

This Friday Ross Ulbricht, the creator of the underground black market Silk Road, was sentenced to life in prison after making a plea for leniency. Silk Road was an unregulated online marketplace where buyers could buy drugs by paying with Bitcoin. Ross was convicted last February on seven charges going from drug trafficking to money […]

BitSpark Wins Innotribe 2015 Singapore Semi-Finals and Announces New Offline Service

Bitcoin remittance startup BitSpark, alongside four other fintech startups, won the Innotribe 2015 Singapore Semi-Finals held Thursday at the Red Dot Design Museum. The event was organized through a partnership with NextBank Asia and sponsored by international bank Wells Fargo and European startup accelerator Level39. BitSpark will now progress to the finals, which will be […]

Bitcoin-Xt Pushing Ahead With Bigger Blocks

Each transaction that occurs on the block chain takes up a little bit of space, and these transactions all get squished into a virtual box (a block). Bitcoin currently operates with a 1MB limit. What this means is that only so much information it can process in each block, this currently comes to roughly seven […]