Latest Bitcoin News by Category: Bitcoin Tech

New Y Combinator-backed bitcoin debit card testing in San Francisco

Posted on 12th August, 2014

If San Francisco-based bitcoin startup Shift Payments has its way, Xapo’s newly launched debit card system may soon have some serious competition. The Y Combinator-backed company announced that it was currently testing a new debit card system enabling users to pay with existing bitcoin and Ripple wallets. If successful, the system would expand to allow […]

Indian bitcoin startup Unocoin raises $250,000 in new fundraising round

Posted on 11th August, 2014

Thus far, India has been a tough market for bitcoin to break into. With an estimated 41% of India’s population “unbanked” (and well over 60% in rural areas) and a massive $70 billion remittance market, it’s also a country where bitcoin could have a huge impact. With that in mind, Bangalore-based startup Unocoin has been […]

ChangeTip extends bitcoin tipping system to Tumblr, YouTube and Google+

Posted on 11th August, 2014

Popular bitcoin-tipping service ChangeTip is already well known by users of Reddit and Twitter, allowing users to easily send and receive small amounts of BTC for writing clever posts, answering questions or providing good advice. Last week, the service announced it had finished testing an expansion to bring the service to three of the most […]

Chinese cryptocurrency exchange Huobi buys Quickwallet and Qukuai

Posted on 8th August, 2014

Chinese bitcoin and litecoin exchange Huobi announced this week that it has acquired two significant cryptocurrency properties: Multi-signature wallet provider Quickwallet and blockchain explorer system Qukuai. The new services will dramatically expand Huobi’s commercial offerings, and may well represent an attempt to grow the company beyond its current niche as one of the “big three” […]

Digital signature startup BlockSign banking on the bitcoin blockchain

Posted on 6th August, 2014

Almost from the very start, the Bitcoin project’s core developers have insisted that the key innovation isn’t its application as a form of money. Sure, bitcoin the currency is a near-frictionless, user-empowering, completely disruptive force that is already changing how we think about, use and regulate money, but that’s just one use of the real […]

Following debit-card controversy, Xapo says it will refund fees

Posted on 5th August, 2014

After days of silence, Xapo has responded to customer concerns about the recently updated fee schedule for their recently released, bitcoin-backed debit card. The Palo Alto-based bitcoin wallet and “vault” service had promised a service with no additional customer costs beyond a one-time $15 activation fee and standard credit card interchange fees, but a revision […]

Report: Visa CEO says company could process bitcoin payments

Posted on 4th August, 2014

In a story published by The Australian Financial Review (AFR), Visa’s CEO Charles Scharf said that the payment company could handle bitcoin-based payments in the future, although it currently had no plans to integrate such payments. Scharf’s was speaking at the opening of Visa Labs in San Francisco, and the comments were prompted by a […]

Report: PayPal showcases bitcoin at TechXploration

Posted on 1st August, 2014

In an event held yesterday, eBay’s payment subsidiary PayPal hosted a packed presentation about the future of bitcoin payments called “PayPal TechXploration.” The event, covered in depth by CoinDesk, took place at the Town Hall space of PayPal’s office in San Jose, California. According to the report, demand for the conference was huge, with hundreds […]

Report: Overstock CEO Patrick Byrne says company exploring digital stock offering

Posted on 31st July, 2014

On Tuesday, bitcoin-accepting online marketplace Overstock.com quietly updated its website to include an open-source wiki page entitled “How to issue a cryptosecurity.” Not surprisingly, rumors began to spread that the Utah-based retailer might be considering issuing a digital security of its own, something that CEO Patrick Byrne has hinted at before. Through such a system, […]

First Data acquires bitcoin-friendly digital gift certificate provider Gyft

Posted on 30th July, 2014

For many bitcoiners, Gyft provides a hugely important link between their BTC holdings and the brick-and-mortar world. By allowing gift cards to some of the world’s largest retailers to be purchased with bitcoin, often at a significant discount, Gyft is also one of the first companies to embrace the power of cryptocurrency in a real-world […]