Monthly Archives: June 2014

Wallet app CoinJar returns to the iOS App Store

Posted on 5th June, 2014

The CoinJar wallet is now back in the iOS App Store, at least in the U.K. and Australia. The once-popular mobile bitcoin wallet app, which as been offline since January after Apple insisted its core functionality be removed, is apparently back with all features fully restored. It’s unclear when, or even if, the app will […]

Report: Hong Kong exchange HKCex may be on the verge of collapse

Posted on 4th June, 2014

In May, Hong Kong-based cryptocurrency exchange HKCex announced it had secured $25 million in new funding, pushing it into the realm of high-profile venture-capital backed companies like BitPay, Circle and Coinbase. Almost immediately, however, many in the bitcoin community in Asia began to claim that the announcement was a fraud, and HKCex little more than […]

Bitcoin ATM launch blocked by Swiss regulators

Posted on 4th June, 2014

Switzerland-based bitcoin brokerage and ATM operator Bitcoin Suisse AG was forced to halt plans to launch a new machine in Zurich today after the country’s financial authority, the Swiss Financial Market Supervisory Authority (FINMA), requested a review of the legal issues related to its proposed services. Bitcoin Suisse already has a handful of operational bitcoin […]

First bitcoin ATM in Poland launched

Posted on 4th June, 2014

Would-be bitcoin buyers in Poland now have a new option: The country’s first bitcoin ATM opened in Warsaw this week. According to a report on CoinDesk, the machine is housed at the recently opened Bitcoin Embassy Warsaw, and will be the first of a network of Lamassu-made machines across the country. Speaking with CoinDesk, Bitcoin […]

Report: Xapo bitcoin debit card may launch this month

Posted on 4th June, 2014

Speaking with payment industry trade publication PaymentsSource, Xapo founder Wences Casares said his company’s much anticipated bitcoin-backed debit card will debut later this month. First announced in late April, the debit card is tied directly to a Xapo-hosted hot wallet, with coins instantly sold and converted to local currency. Although other bitcoin services offer debit […]

Rapper 50 Cent partners with BitPay for new album release

Posted on 3rd June, 2014

It probably won’t surprise many people that the man behind Get Rich or Die Tryin’ has his eye on bitcoin. Best known in the mainstream as a Grammy-winning rapper with over 30 million album sales to his name, Curtis “50 Cent” Jackson is almost equally famous in the investment world for a series of shrewd […]

SEC settles charges against SatoshiDICE founder Erik Voorhees

Posted on 3rd June, 2014

Earlier this year, the U.S. Securities and Exchange Commission (SEC) began an investigation into popular bitcoin-backed gambling site SatoshiDICE and its founder Erik Voorhees. The charges stem from the initial public offering of SatoshiDICE and related startup FeedZeBirds, both of which took place in the U.S. without registering as securities with federal authorities. Given that […]

Citi report weighs in on bitcoin’s “disruptive” potential for credit cards

Posted on 3rd June, 2014

Like most major financial institutions, banking giant Citi publishes an in-house magazine to keep its customers and employees well versed in the major trends in finance and investment. The articles focus on the big topics likely to come up for investors over the next few quarters, and are written for a wide audience focused less […]

Apple’s new developer guidelines may allow bitcoin apps

Posted on 3rd June, 2014

Is Apple reversing its long-held blockade of bitcoin wallet apps? Earlier this year, the Cupertino, California-based technology behemoth effectively banned all cryptocurrency wallet apps, including those created by the most reputable companies in the bitcoin community. In most cases, Apple support simply cited a non-specific violation of its App Store guidelines. At yesterday’s Worldwide Developer’s […]

With “$10 per bitcoin” prediction deadline fast approaching, bitcoin skeptic Mark T. Williams sticking to his guns

Posted on 2nd June, 2014

In the bitcoin community, Boston University School of Management professor Mark T. Williams is often referred to by the sarcastic nickname “Professor Bitcorn.” He earned the nickname during some of his earliest anti-bitcoin presentations, occasionally mispronouncing bitcoin as “bitcorn” while demanding the virtual currency was wildly overvalued at the then-price of around $110. But that’s […]