Monthly Archives: July 2014

CAVIRTEX unveils new bitcoin ATMs for Canadian network

Posted on 29th July, 2014

The Canadian Virtual Exchange, better known as CAVIRTEX, is nearing the launch of its long-anticipated bitcoin ATM network. The Calgary-based exchange posted an image to Twitter today showing eight custom-designed, Canada-themed machines. According to a post from the official CAVIRTEX account on Reddit, there are ten ATMs launching across Canada next month. The company has […]

Atlas ATS expands into Europe

Posted on 29th July, 2014

Bitcoin-exchange platform provider Atlas ATS has announced new plans to expand its services into the rapidly growing European bitcoin community. In a press release published yesterday, the New York-based trading company said it will be partnering with Spanish bitcoin company Recol to launch Atlas ATS Europe. European users may know Recol as the operators of […]

What’s driving bitcoin’s price dive?

Posted on 28th July, 2014

After nearly a month of relative price stability, bitcoin prices took a nosedive late last week. While a drop of $30 over the course of a few days is hardly unusual in the bitcoin world, such movements generally seem to follow major news or some specific trend. This time, however, many explanation-seeking bitcoiners have been […]

Blockchain app returns to iOS

Posted on 28th July, 2014

As one of the biggest hosted wallet services in the world, Blockchain’s absence on iOS devices has not gone without notice. The company’s old app, which was at one time the most popular iOS bitcoin wallet, was removed earlier this year during Apple’s short-lived policy of removing all bitcoin-related apps from the iTunes store. With […]

Report: Bitcoin gains ground in Romania

Posted on 28th July, 2014

Could the formerly communist economy in Romania prove to become one of Europe’s bitcoin strongholds? Reuters reports today that there has been a decidedly high level of interest in a newly launched bitcoin ATM in downtown Bucharest. The ATM may be new, but bitcoin’s appeal in the country isn’t. As one of the handful of […]

Report: Mining hardware maker CoinTerra buys developer Bits of Proof

Posted on 28th July, 2014

Is bitcoin hardware maker CoinTerra looking to expand beyond the mining game? According to a new report published today by CoinDesk, the Austin, TX-based company has acquired Hungarian bitcoin software maker Bits of Proof (BOP) for an undisclosed sum. BOP CEO Tamás Blummer will join CoinTerra as Vice President of Enterprise Software, bringing the developer’s […]

Report: BTC Guild may close due to NY’s BitLicense restrictions

Posted on 27th July, 2014

Could the New York Department of Financial Services (NYDFS) BitLicense shutter long-running mining pool BTC Guild? Recent discussions about the impact of the disclosure rules in the proposed regulations may result in the closure of the mining collective. In a statement published on July 19, BTC Guild’s operator said that compliance with the new rules […]

BitPay announces FEC-compliant bitcoin donation processing in advance of mid-term elections

Posted on 25th July, 2014

In a blog post published yesterday, Atlanta-based bitcoin payment processor BitPay announced a new initiative to help make cryptocurrency a meaningful force in the upcoming mid-term elections. The post noted that many politically focused organizations would like to accept bitcoin following the Federal Election Commission approving it for in-kind donations earlier this year, but said […]

Trucoin announces new partnership, expanding service to 38 U.S. states

Posted on 25th July, 2014

Earlier this month, long-simmering digital currency-exchange platform Trucoin launched an 8-state beta test of an instant bitcoin-purchasing system. By simply logging in via an existing social media profile and entering credit card information, users could purchase bitcoin in a matter of moments, rather than the days-long payment verification process currently used by brokers like Coinbase. […]