CoinText now supporting Bitcoin Cash wallet in Hong Kong, Israel, Palestine

CoinText.io, an SMS cryptocurrency platform, recently launched support for its Bitcoin Cash wallet in Hong Kong, Israel and Palestine, according to a press release. Users can send cryptocurrency directly via SMS messages, without using Wi-Fi, apps or other accounts. Customers...

Alibaba files blockchain patent

Alibaba, a Chinese e-commerce company, has recently filed a patent application for administrative access of a blockchain system. The company is seeking this patent specifically to stop illegal transactions in smart contracts, according to the patent application. The patent points...

CoinText.io expands mobile bitcoin cash service to 6 European countries

CoinText.io, a mobile cryptocurrency transfer service provider, has expanded its bitcoin cash service to Austria, the Czech Republic, Estonia, France, Germany and Portugal. Anyone with a mobile phone number or BCH address can send the cryptocurrency over short messaging service,...

Crypto mining firm targets bitcoin ATM industry

GD Entertainment and Technology, a specialist in cryptocurrency mining and mining services, has announced plans for its "aggressive" entrance into the cryptocurrency ATM sector. According to a press release, the company has retained BitAML, a provider of compliance advisory services,...

Ripple expands network worldwide for easier transfers

Ripple's network RippleNet is now live in over 40 countries across six continents, according to a press release. The company hit the milestone Wednesday as new payment corridors opened up in North America, Asia, Africa, Europe and South America. Ripple...

Crypto firm eyes mobile payments for cannabis dispensaries

Virtual Crypto Technologies Inc. has announced plans to develop a cryptocurrency payment product for cannabis dispensaries.

Alipay, WeChat crack down on crypto purchases

Ant Financial and Tencent are taking measures to monitor cryptocurrency transactions on their popular mobile wallet platforms in light of the Chinese government's recent crackdown on cryptocurrency-related fundraising and trading activities. Tencent last week released a statement highlighting the measures...

Nuggets partners with Credits to develop e-commerce

Nuggets, a blockchain e-commerce payments and ID company, has partnered with Credits, the blockchain platform for fast and scalable dApps, to develop a better e-commerce experience for customers and businesses. The two companies have signed a global agreement that will...

Bitcoin ATM operator Coinsource blows past 200 locations

Bitcoin ATM operator Coinsource has added 17 new machines in Florida, lifting the company past the 200-machine mark and expanding the company's presence in the state from its current footprint of five machines in Jacksonville. A company press release said...

Study: Blockchain deployments to save banks more than $27B annually by 2030

A new study from Juniper Research has found that blockchain deployments will enable banks to realize savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs by more than 11 percent per on-chain...

Aliant Payment Systems launches domestic crypto payment product

Aliant Payment Systems, a U.S.-based provider of merchant services and payment processing, is developing a new domestic crypto payment product that offers merchants next day payouts, according to a press release. The product, which was designed in-house, processes crypto payments...

Skrill wallet users can now instantly buy and sell cryptocurrencies

Skrill, a digital wallet provider and part of the Paysafe Group, is now offering customers the opportunity to instantly buy and sell cryptocurrencies, including bitcoin, bitcoin cash, Ether and Litecoin, using any one of the 40-plus fiat currencies available in...

RockItCoin deploys 100th bitcoin ATM in Las Vegas

Chicago-based bitcoin ATM operator RockItCoin recently announced the placement of its 100th machine in the United States with the installation of two units in Las Vegas. "We are strategically expanding our network to meet demand," RockItCoin founder and CEO Michael...

BitPay secures New York crypto license

BitPay announced the company has received its Virtual Currency License from the New York Department of Financial Services, which governs rules for virtual currency business activity in New York. The license enables BitPay to transact business with companies and consumers...

TransCrypt launches payments messaging app

Cryptocurrency company TransCrypt has officially unveiled its beta payments platform to the public. Consumers can download and use the TransCrypt Android app from the Google Play Store to send and receive payments in cryptocurrency via popular messaging platform Telegram, according...

Rewards.com users can earn, redeem Dash digital currency with retailers

Dash, a company that frames itself as an alternative to bitcoin, has announced a partnership with Rewards.com, a loyalty rewards website incentivizing purchases through its unique cashback program. The partnership means Dash will be the first digital currency payments method...

Bayside Corp. to deploy crypto ATMs in Florida

Bayside Corp., a provider of cryptocurrency infrastructure, has announced that the first of the 24 cryptoasset ATMs the company purchased in an exclusive distributor agreement with Chain Bytes LLC are being prepped for installation in retail, dining and entertainment venues...

Nuggets testing blockchain-based e-commerce mobile app

Nuggets, an e-commerce payments and ID platform, has opened up its mobile app Alpha to iOS users. Nuggets uses blockchain technology to enable consumers to make e-commerce payments, log in to services, and verify their identities without having to share...

MovoCash launches service that converts bitcoin to cash in minutes

MovoCash, the creator of the mobile-payments platform and app Movo, has launched MovoChain, a web-based service that enables owners of bitcoin and bitcoin cash to easily convert those cryptocurrencies to ready-to-spend cash in an FDIC-insured prepaid account, according to a...

BitPay closes extended $40M Series B Round

BitPay has closed a $40 million extended Series B funding round, which brings its total raised capital to over $70 million, according to a press release. New investors in BitPay include Menlo Ventures, Capital Nine, G Squared, Nimble Ventures (an...

Newegg opens bitcoin payments to Canadian shoppers

Newegg has announced Canadian consumers now have the option of paying with bitcoin on its site, according to a press release.  The company first offered a bitcoin payment option to its U.S. customers in August 2014 as one of the first major retailers to do so.

Fit Pay intros unique spin on bitcoin retail payments

Fit Pay Inc., a wholly owned subsidiary of NXT-ID Inc., is now accepting preorders for Flip, a new contactless payment device that enables cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations,...

Shakepay launches private beta of cryptocurrency mobile wallet for Canadian market

Shakepay, a Montreal-based fintech startup connecting users with their digital money, has announced the beta launch of its latest platform, a multi-currency, peer-to-peer mobile wallet that enables Canadians to buy and sell bitcoin and other cryptocurrencies, according to a press...

Coinsource expands bitcoin ATM network in New England

Bitcoin ATM network Coinsource has expanded into New England with 10 new machines in Massachusetts (5), New Hampshire (3) and Rhode Island (2). The machines will provide a convenient option for users who want to buy and sell bitcoin, a...

BitPesa acquires online remittance company TransferZero

BitPesa, a blockchain payments platform for Africa and Europe, has announced their acquisition of TransferZero, an international online money transfer platform that specializes in sending money to consumers and companies in 200 countries using over 50 different currencies, according to...

Aliant Payment Systems gives merchants chance to accept Litecoin

Aliant Payment Systems, a U.S.-based provider of merchant services and credit card processing, is now offering its merchants the ability to accept Litecoin payments, according to a company press release. "Our merchants look to us for innovative ways to transfer...

Singapore Airlines works on blockchain-based mobile loyalty app

Singapore Airlines announced Monday that it's working on what it calls the world's first blockchain-based airline loyalty digital wallet that will help unlock the value of frequent flyer miles to enable everyday spending at retail partners. "Innovation has been a...

BofA, Citi ban cryptocurrency purchases via credit cards

The two largest U.S. banks, JPMorgan Chase and Bank of America, have announced that they will no longer allow cryptocurrency purchases on credit cards they have issued. The ban went into effect on Saturday and includes personal and business credit cards, according to multiple media reports.

Square officially opens bitcoin trading on Cash app

Square has expanded bitcoin trading in its Cash person-to-person payments app after running a brief trial with select users, according to a tweet from CEO Jack Dorsey. Dorsey, who is also Twitter's CEO, tweeted the news Thursday and included a...

Australian company strikes deal with Brisbane Airport merchants to accept cryptocurrencies

As some retailers and payments processors begin to shift away from bitcoin acceptance because of continuing volatility and higher transaction fees, a company in Australia is not shying away from those issues and has struck a deal with Brisbane Airport...

Stripe will no longer process bitcoin transactions come April

As cryptocurrencies continue to show volatility in the market, transaction processor Stripe has decided to stop supporting bitcoin payments for small businesses on April 23. Stripe's Tom Karlo made the announcement in a blog post earlier this week. "Over the...

MoneyGram partners with Ripple to increase payment speeds

Ripple, a provider of the enterprise blockchain product for payments, has partnered with MoneyGram to pilot XRP in their payment flows. As part of this agreement, both companies will also explore MoneyGram's integration into Ripple's ecosystem through xVia. MoneyGram will...

Payza adds 'buy altcoin' feature to e-wallet service

Payza, a U.K.-based e-wallet platform, has added a new feature that enables users to buy the most popular cryptocurrency alternatives to bitcoin using funds in their Payza account, either fiat currency or bitcoin, according to a press release. The initiative...

Bitcoin kiosk arrives in Fort Wayne, Indiana

RockItCoin, which operates a bitcoin kiosk network, recently expanded into Fort Wayne, Indiana, placing a kiosk in the BP gas station at 909 Coliseum Blvd. E., according to The Journal Gazette. The bitcoin kiosk operates as an automated teller, exchanging bitcoins into U.S.

Square jumps on the bitcoin bandwagon

Square is dipping its toe into the bitcoin waters and testing support by enabling some Cash app users to buy and sell the cryptocurrency, according to multiple media reports. "We believe cryptocurrency can greatly impact the ability of individuals to...

Bitcoin's value nosedives as Chinese regulators apply pressure

BTCChina, a major Chinese bitcoin exchange has announced that it will stop all new user registration and trading on Sept. 30 due to increasing regulatory pressure from the Chinese government. The result of this announcement, in conjunction with the Chinese...

Australian companies to provide 2-way bitcoin transactions at traditional ATMs

DigitalX Ltd., and Stargroup Ltd. have inked joint venture agreement to provide a two-way ATM solution for buying and selling bitcoin. DigitalX is a Perth, Australia-based blockchain technology and advisory company providing services to facilitate the launch of new financial...

Bitcoin value drops on news of Chinese exchange shutdown

Between Thursday and Friday last week, Bitcoin value dropped 7.3 percent following reports that Chinese regulators were forcing the shutdown of that nation's virtual currency exchanges. By noon Friday, the currency had rallied somewhat, making up about 3 percent of...

Bitcoin price surges past $4K

The bitcoin price surged past $4,000 on Aug. 13 and as of Aug.

Coinbase reaches unicorn status in latest funding round

Coinbase has officially become the first bitcoin "unicorn" as the wallet provider has raised $100 million in Series D funding to reach a valuation of $1.6 billion. "Coinbase experienced unprecedented growth over the last year, and we have now exchanged...

Study: Nearly 6 in 10 large corporations considering blockchain deployment

Nearly six in 10 (57 percent) large corporations are either actively considering, or are in the process of deploying, blockchain technology, according to a new study by Juniper Research. Almost 400 company founders, executives, managers and IT professionals responded to...

Large retailers tune out bitcoin acceptance

Bitcoin is now accepted at only three of the top 500 online merchants, down from five from last year, according to a report by Bloomberg. Retailers might be turning down bitcoin due to scaling challenges and slow and costly transactions;...

Former Mt. Gox CEO to face trial in Japan

Mark Karpeles, former CEO of the defunct bitcoin exchange Mt. Gox, will face trial this week in Tokyo on charges related to the loss of $480 million in bitcoin from the exchange.

First Bitcoin Capital Corp. to install automated check-cashing and bitcoin ATMs in California

First Bitcoin Capital Corp., a developer of digital currencies and blockchain technology, has teamed with Simple Automated Money Inc., a provider of automated check cashing kiosks, to provide automated check-cashing kiosks at locations in northern California, according to a press...

Payza unveils new e-wallet bitcoin options

London-based Payza has become the first e-wallet provider to treat bitcoin like any fiat currency allowing users to hold bitcoins directly in their Payza e-wallet, according to a press release. Payza members also can instantly send and receive bitcoin to...

Dutch POS provider brings bitcoin payments to retailers

Countr POS, a Dutch provider of a tablet-based point-of-sale software for small to medium-size businesses, has announced a strategic partnership with Coinify, a European blockchain payment and trading service provider. This partnership enables Countr POS to offer retailers a wider...

Ripple gains 10 customers in financial industry

Ripple, a blockchain payments provider, has gained 10 customers in the financial industry: MUFG; BBVA; SEB; Akbank; Axis Bank; Yes Bank; SBI Remit; Cambridge Global Payments; Star One Credit Union; and eZforex.com. Several of the banks have been using Ripple's...

Mobile Payments Today seeks editorial contributors, bloggers

Mobile Payments Today is seeking editorial content in 2017 from industry thought leaders in the form of contributed articles and blog posts. We're looking for high-level thought leadership pieces that are free of a marketing pitch. Submissions should be between...

New Zealand bitcoin exchange to close, cites uncooperative banks

A New Zealand bitcoin exchange, BItNZ, has announced on its website it will close Apr. 15 since banks in that country will not allow accounts to trade bitcoins.

Mobile Payments Today publishes new mobile app guide

One of the bigger trends to emerge in 2016 was how payments became a larger focus for retailers as they attempt to keep customers within their app for the entire shopping experience. To that end, Mobile Payments Today is proud...

Daimler Financial Services to acquire PayCash Europe

Daimler Financial Services AG announced it will acquire the electronic payment services provider PayCash Europe SA, an e-payment company which offers solutions for cryptocurrencies, according to a press release. By gaining a foothold in the e-payment business, Daimler AG will...

Bitcoin’s price gains pull along other virtual currencies

Bitcoin's recent price surge has pulled along other cryptocurrencies with it, according to figures from CryptoCompare, reported MarketWatch. Ark Invest, an investment management firm with virtual currency holdings, and Ethereum, a virtual currency, have been among the winners. Chris Burniske,...

Bitcoin on the rise again

Bitcoin's price topped $1,000 on Monday for the first time since 2013, marking a comeback that could see it gaining further acceptance, according to CBS News.  The price of a bitcoin rose to $1,008, short of the $1,125 peak hit in late 2013, but a vigorous rebound from its three-year low of $210 in January 2015.

Bitcoin wallet lets users transfer value to Starbucks mobile app

iPayYou.io, a bitcoin wallet, announced the launch of Bitcoin Direct to Starbucks, a new way for coffee lovers to use bitcoin. iPayYou's newest feature enables users to easily transfer bitcoin from their existing iPayYou wallet to their Starbucks mobile app,...

Philippines mobile payment firm secures $5 million, will provide bitcoin to the financially underserved

A Philippines mobile payment startup called Coins received a $5 million investment from global investors to reach unbanked people in Souheast Asia, according to JD Supra Advisor. The Series A round led by Accion Frontier Inclusion Fund will enable Coins...

BitPay integrates Copay bitcoin wallet with Intel hardware security

BitPay has announced the first bitcoin wallet with Intel hardware security integration, assuring users their data is protected even if their application code or associated computer is compromised. The Intel Software Guard extensions integration provides hardware-level protection for the wallet’s...

Unocoin raises $1.5M in funding round

Unocoin, a bitcoin company based in Bangalore, India, has raised $1.5 million in its pre Series-A round. Blume Ventures, Mumbai Angels, Digital Currency Group and others were some of the Indian companies that invested in Unocoin, according to a press release. Unocoin is attempting to serve the underbanked in India by providing bitcoin services.

Study: Blockchain adoption moving rapidly in banking, financial markets

Companies in the banking and financial markets are rapidly adopting commercial blockchain products, and faster than initially expected, according to two new IBM studies. Fifteen percent of banks and 14 percent of financial market institutions interviewed by IBM intend to...

Major banks launch global payments steering group

Ripple, a provider of financial settlement solutions, has announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard...

Ripple acquires $55 million in bank investments

Ripple, a blockchain startup backed by Google, has acquired $55 million in investments from some big banks. Banks such as Santander Innventures, SCB Digital Ventures and Accenture Ventures contributed to the investments, according to a report by CNBC. Ripple has raised $93 million in total since it began its investments push.

Study: Venture capital blockchain investment through June approached $300M

A new study from Juniper Research has found that the total value of venture capital investment into blockchain technologies and Bitcoin companies totaled $290 million in the first six months of the year with more than 30 startups receiving funding...

Mobile Payments Today releases new Mobile Wallet Comparison Guide

Choosing the right mobile wallet can be tricky and time consuming, but we've done the research for you! The 2016 Mobile Wallet Comparison Guide gathers in one spot a compendium of the industry's top mobile wallets, compiling their differing capabilities...

Plutus raises more than $1M for contactless bitcoin payments

Plutus Tap & Pay has officially raised more than $1 million in a crowdfunding campaign for bitcoin and Ethereum contactless payments. The company plans to launch an Android app that will make these NFC payments a reality, according to a...

Bitcoin wallet enables payments via Twitter

The bitcoin wallet iPayYou has launched its "Pay-by-Twitter" feature. With this tool, users can make peer-to-peer payments on Twitter, according to a press release. The company already enables users to send bitcoin through email.

North Carolina passes bitcoin bill

North Carolina Governor Pat McCrory recently signed into law a new bill that expands the Money Transmitters Act to include virtual currency. The law defines virtual currency as a "medium of exchange," but not as currency, according to a report by Econo Times. The legislation, H.B.

Brexit leads to bitcoin surge

Bitcoin's value hit $650 this weekend in the aftermath of the U.K.'s decision to leave the EU, known as Brexit. Following the decision, the pound plummeted in value, and many Brits turned to bitcoin, according to numerous news reports. Bitcoin...

Coinbase founder declares Ethereum more advanced than bitcoin

Coinbase co-founder Fred Ehrsam recently declared that the virtual currency Ethereum is ahead of bitcoin and represents the future of virtual currency. On his blog, he argued, "There is nothing that bitcoin can do which Ethereum can't." Ehrsam listed several reasons why he believes Ethereum is outperforming bitcoin.

Mt. Gox lawsuit dismissed by Canadian court

A class-action lawsuit against the defunct bitcoin exchange Mt. Gox has been dismissed in the Ontario Superior Court of Justice.

Blockchain and bitcoin conference coming to Prague

At the conference, experts will share their knowledge on the current state of blockchain and bitcoin in a variety of industries.

UK grants electronic money license to bitcoin company

Boston-based bitcoin company Circle has officially received an electronic money license from Britain. With this license, Circle will be able to work with big banks on money transfers.

Microsoft will accept bitcoin, correcting earlier reports

Earlier, Microsoft released a statement on its website that it would not accept bitcoin. It has now corrected that statement and claims it will continue to accept the virtual currency.

Japan considers making bitcoin legal currency

Japan's Liberal Democratic party is considering changing the laws to define virtual currency as legal currency. With this change, bitcoin and other virtual currencies could be regulated and taxed more closely.

Global payments hub goes boldly into blockchain territory

DH says it is the first industry provider to offer a secure, closed-loop distributed ledger system to connect bank networks, move money in real-time, and improve access to liquidity.

JPMorgan tests blockchain for loan streamlining

The banking giant has begun to experiment with the blockchain. It plans to utilize the technology for loan settlements.

Mobile Payments Today report shows consumers not ready to embrace change

This year's state-of-the-Industry report contains 50-plus pages of charts, comparison data and actionable advice.

Netflix executive considers bitcoin for payments

Recently, Netflix launched its streaming service to more than 130 new countries; however payments remain a challenge. During a Q&A session, Netflix CFO David Wells brought up bitcoin as a possible solution to this problem

London startup develops NFC-enabled bitcoin mobile app

Plutus has announced the development of a new app that will enable users to send bitcoin payments to more than 32 million merchants worldwide.

Mobile Payments Today seeks editorial contributors, bloggers

We're looking for high-level thought leadership pieces that are free of a marketing pitch.

Uphold adds more P2P funding options

This is the second phase of the company's global rollout, following the recent rollout of similar functionality in Europe announced in October.

Microsoft working on faster blockchain

Microsoft is launching its own version of the blockchain, which reports indicate is almost 40 times faster than the bitcoin blockchain.

Bitcoin founder nominated for Nobel Prize in Economics

A ULCA professor nominated the anonymous bitcoin founder known only as Satoshi Nakamoto and has offered to accept the prize on his behalf if he does not show up to claim it.

Bitcoin to be sixth largest reserve currency, research says

By 2030, bitcoin will be the sixth largest global reserve currency, according to new research. Developing economies and blockchain investment will be the primary drivers of growth.

Blockchain Alliance forms to tackle bitcoin crime

The Chamber of Digital Commerce and Coin Center recently announced the formation of a public-private forum for the bitcoin community, the Blockchain Alliance, which plans to tackle the issue of bitcoin crime and open dialogue with law enforcement.

Winklevoss twins' bitcoin exchange receives BitLicense

The Winklevoss twins' new bitcoin exchange, Gemini, has become one of the first to be approved for a BitLicense from the NYDFS.

First BitLicense application approved by NYDFS

Payments company Circle Internet Financial has become the first company to receive an approved BitLicense.

US bitcoin company expands to Singapore retailers

U.S. based bitcoin company Coinbase has expanded to Singapore retailers to offer buy and sell operations.

Major UK bank to accept bitcoin

Barclays plans to begin accepting bitcoin later this year for charitable donations.

Survey participants wanted for 2016 Mobile Payments State of the Industry Report

Mobile Payments Today has released its latest survey for the upcoming 2016 Mobile Payments State of the Industry Report.

Greece to receive 1,000 bitcoin ATMs

BTCGreece and virtual currency provider Cubits are planning to deploy 1,000 bitcoin ATMs in Greece, in the wake of economic malaise.

Detroit businesses adopt bitcoin payments

Several businesses in Detroit are beginning to accept bitcoin as a payment option.

New Jersey smoke shop welcomes state's first bitcoin ATM

The deployer, Kointron, plans to expand to additional locations in New Jersey and New York.

Bitcoin companies offer services to Greek citizens

Since the Greek debt crisis began, there have been a number of reports on whether Greek residents were making use of bitcoin. However, several companies are now beginning to offer services specifically to Greek residents.

Minecraft teaches children how to use bitcoin

Popular video game Minecraft has revealed a new server that lets children learn how to use and spend bitcoin on in-game items.

FBI issues ransomware warning, offers tips for prevention

The FBI's Internet Crime Complaint Center says that ransomware continues to spread, posing a threat to individuals and businesses alike.

'Dope' movie to accept bitcoin for tickets

An indie film with a bitcoin-based plot, will be the first movie to accept bitcoin as payment.

GoGoin, Ziftr announce merger plans to compete with bitcoin processors

The companies plan to integrate to provide a platform that offers incentives for buyers to use virtual currency.

MasterCard goes to war against virtual currencies

MasterCard is on the warpath, petitioning the U.K. to impose stricter regulations on bitcoin and other virtual currencies.

Final BitLicense rules released

New York has released the final version of BitLicense, solidifying the regulatory framework in the state.

Blockchain mobile wallet app error leads to users sharing a single wallet

Bitcoin mobile wallet app Blockchain is currently dealing with an error that led to several Android users sharing a single wallet, leading to a loss of funds.

FinCEN fines Ripple Labs $700K for multiple violations

FinCEN said Ripple Labs willfully violated several requirements of the Bank Secrecy Act by acting as a money services business and selling its virtual currency, known as XRP, without registering with FinCEN.

Bitcoin mobile wallet provider selects Intercede for security

Intercede said by securing the wallets with the secure Trusted Execution Environment already present on many leading devices, the app, along with data and transactions made by it, is protected against threats that may be present on the handset.

Robocoin rolls out Romit cash remittance app

The company will exit the Bitcoin ATM business in order to focus on implementation of Romit software, which enables ATMs, kiosks and human cashiers to send money around the globe

Coinzone debuts in Czech Republic

Merchants are able to accept bitcoin mobile payments through Android and iOS apps, and the Coinzone platform features easy-to-install plugins for dozens of popular e-commerce platforms.

Bitcoin ATM rollout pending for Canadian exchange

Starting in June, the QuadrigaCX bitcoin exchange will begin an installation push in major Canadian cities, with units to be brought online in batches of five.

BitSpark secures funding, announces partnership with Bitgo

The cryptofinancial services provider says it has completed an external funding round and launched 100 percent multisignature reserves for the Bitspark Exchange platform.

Bitnet powers Rakuten's bitcoin acceptance

Bitnet said that benefits to merchants include guaranteed payment, instant global reach with no cross-border fees, no price volatility, and no fraud risk or chargebacks.

PayStand debuts mPOS product with bitcoin acceptance

The PayStand mobile app is a being offered as an extension of its payments-as-a-service platform.

Japanese ISP Rakuten adds bitcoin acceptance

The company will integrate Bitnet's payment processing platform on a number of its marketplaces.

Report: Bitcoin users to hit almost 5 million by 2019

Juniper Research has found that the number of active bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3 million last year.

Bitcoin ATM-maker Coin Outlet buys LibertyX network

Additionally, the company announced a new backend system that will allow any ATM — traditional or bitcoin — to transact on the Coin Outlet platform.

Bitcoin exchange gains access to M-Pesa through acquisition

The bitcoin exchange, named igot, buys TagPesa crypto exchange and remittance gateway.

Firms seek to secure bitcoin wallets, e-commerce apps on Android

Intercede and Rivetz partner to enable software developers to integrate a security product into their apps.

Bitrated launches reputation management system for virtual currency payments

According to the company, Bitrated gives every user a bitrating score based on their online presence on sites such as Facebook, Twitter and Reddit. The number is influenced by a "trust relationship with friends" based on past transactions.

GoCoin co-founder and CEO to keynote Virtual Currency Today Summit, April 29 in Boston

Steve Beauregard, co-founder and CEO of payment platform GoCoin, will keynote VCTS on the 'the next disruptor in payments.'

Utah wants to become a 'key player in promoting the use of bitcoin'

A bill introduced this week in the Utah House of Representatives is seeking to explore ways the state can put bitcoin to use.

Apple Pay, bitcoin take to the skies

JetBlue becomes the first major domestic carrier in the U.S. to accept Apple's mobile wallet. UATP forms a partnership with BitNet to enable airlines to accept bitcoin.

Adyen adds bitcoin support through BitPay partnership

Jagex, the UK-based developer behind the highly popular MMORPG RuneScape, is the first merchant to accept bitcoin payments through Adyen's platform.

'Bit-what?' Most Americans clueless about cryptocurrency, study finds

A 'first of its kind' survey indicates that bitcoin proponents have their work cut out if they aim to educate Americans about bitcoin and its usefulness.

Coinbase launches first US-based bitcoin exchange

The company has regulatory approval from 23 states and the Commonwealth of Puerto Rico.

Bitcoin wallet provider Coinbase lands $75M in funding from FIs

The cash infusion is the largest ever for a bitcoin company, Coinbase said.

Execs from Overstock.com, Mass. Div. of Banks headline speaker lineup for Virtual Currency Today Summit

The Virtual Currency Today Summit takes place April 29 at the Hilton Boston Back Bay.

BitPay launches open source bitcoin mobile wallet for Windows phone

The company is encouraging developers to review and build upon its software.

CES 2015 will feature virtual-currency showcase

The World of Bitcoin will expose CES attendees to virtual-currency technology.

NYC issues RFI for mobile parking ticket payments

Document mentions Apple Pay, bitcoin and PayPal as payment options.

Funds sent via bitcoin app can be retrieved at the ATM

Funds sent from the user's bitoin account can be withdrawn in fiat currency at any Security Bank ATM in the Philippines.

Bitcoin Brands, Midwest BTC partner on ATM placements

Under the new agreement, the partners expect to deploy at least 10 new bitcoin ATMs during the first quarter of 2015.

Microsoft adds bitcoin as payment option

Microsoft adds bitcoin as payment option

Customers can now buy apps, games, videos from online stores.

BitStraat providing free tablets to Amsterdam retailers

Goal is "to make Amsterdam the bitcoin capital."

RewardsPay allows its online shoppers to pay using bitcoin

Partners with Coinbase to provide customers with additional payment option.

Networld Media Group to launch Virtual Currency Summit in Boston, April 2015

Renowned economic strategist Bruce Fenton, Managing Director of Atlantic Financial, has been confirmed as a featured Summit speaker.

NCR Silver POS adds bitcoin compatibility

Bitcoin support, which will be integrated with NCR Silver by the end of 2014, will be free to merchants.

Givex's Vexilor POS now accepts bitcoin

Company announces partnership with Bitpay.

Bitpay intros NFC-based merchant POS app

Bitcoin Checkout is available today and can sit alongside existing systems.

Former SEC chairman Arthur Levitt named advisor to Bitpay and Vaurum

"With his advice, we hope to better navigate the financial industry and build a successful business," said BitPay's Gallippi.

BitFury Capital makes strategic investment in GoCoin

This is the third such investment for the group.

Bitnet secures $14.5 million in funding

Announcement comes as company launches its platform and builds teams for sales, marketing and customer support.

Kickstarter campaign to feature three-tier Bitcoin wallet product

BitStash generates three tiers of BIP32 crypto currency wallets: a mobile wallet, a device wallet and a cold storage wallet.

Blockchain nabs $30 million in funding round

Sir Richard Branson was one of several investors to contribute funds to the digital wallet provider's coffers.

Acromobile partners with Bitnet for merchant bitcoin acceptance

Acromobile Payments with bitcoin acceptance is available to any merchant as a fully integrated Order-to-Bitcoin-to-Cash solution with integration to leading CRM and ERP systems.

Bitcoin Shop to expand kiosk network

Bitcoin Shop Inc. announced an investment in Coin Outlet Inc. as part of a plan to distribute a global bitcoin kiosk network.

Russia's Ministry of Finance establishes penalties for virtual currency

Russia develops a bill establishing penalties for use and generation of virtual currency such as Bitcoin.

Georgia Tech, BitPay announce Bitcoin integration

POS devices will be located in student section at Bobby Dodd Stadium.

The new Bitcoin ATM: No cash in, no cash out

The machine by Australian company Diamond Circle dispenses a prepaid Bitcoin debit card, which is loaded using a traditional credit card.

Circle opens access to bitcoin digital wallet

Boston-based company intends to make buying and spending the cryptocurrency an easier experience for consumers.

PayPal enters agreements with major bitcoin processors

BitPay, Coinbase and GoCoin to enable North American digital goods merchants working with PayPal to accept the cryptocurrency.

Square plans to add bitcoin, Apple Pay acceptance

Square CEO Jack Dorsey recently said the company's register service will eventually accept all forms of payment, including bitcoin and Apple Pay.

Bangladesh promises jail time for cryptocurrency use

Government cites the country's strict anti-money-laundering laws in order to take extreme measures.

United Way Worldwide partners with Coinbase to accept bitcoin donations

Donors can support nonprofit's Innovation Fund with virtual currency.

Coinbase expands outside the US

Consumers in 13 European consumers can now use the bitcoin digital wallet.

Bank of England addresses digital currencies

Institution does not believe Bitcoin poses a risk to financial stability in the UK.

Braintree adds bitcoin acceptance

PayPal-owned company partners with digital wallet provider Coinbase.

ATMIA publishes global position paper on Bitcoin ATMs

The paper maintains that regulators might see Bitcoin in a more positive light if it were to align itself with an established global industry organization such as ATMIA.

MIT COOP now accepts Bitcoin

BitPay will process bitcoin transactions at the school's bookstore.

GoCoin to process digital currency transactions for Apriva

Strategic technology partnership allows Apriva resellers to offer merchants Bitcoin, Litecoin and Dogecoin acceptance.

Big Apple, Big D get Bitcoin ATMs

Manhattan got its first Bitcoin ATM this week, as did Dallas. But surprisingly, neither of these mega metro areas is the first in its state to stick a pin in a United States Bitcoin ATM locator map.

GoCoin enables SMS billing

Virtual currency company helps merchants accept bitcoin and alternative coing such as litecoin and dogecoin.

Braintree might accept bitcoin transactions soon

The Wall Street Journal reported eBay executives are in discussion with companies such as Coinbase to enable cryptocurrency acceptance.

Changecoin expands digital tipping across social media products

ChangeTip is now available for YouTube, Google Plus and Tumblr as a bitcoin tipping product.

Dish Network officially accepts its first Bitcoin payment

Austin and Beccy Craig, who star in a new documentary about Bitcoin, were the first customers to pay with the digital currency.

Canada claims Bitcoin throne

Canada can claim first place for number of Bitcoin ATMs, or BTMs, according to BTM provider CAVIRTEX, which launched six new machines in Toronto and has plans for four more in Vancouver, Niagara, Ottawa and Halifax. Canada now has more...

CFPB issues advisory on digital currency risk, invites consumer complaints

The CFPB has previously shown an inclination toward rule-making in response to consumer complaints; now it has Bitcoin and other digital currencies in its sights.

Bitcoin Foundation puts New York on the spot over BitLicense proposal

The foundation proposes an exhaustive cycle of drafts, comment periods, re-drafts, and more comment periods in order to thoroughly vet the proposed regulations.

Global Payments to offer bitcoin acceptance

Payment solution provider Global Payments Inc. announced that it has signed a referral agreement with BitPay that will allow Global Payments to incorporate cryptocurrency into its product suite and to offer bitcoin payment acceptance to its worldwide merchants.

Coveted Bitcoin domain sold for $1.1 million

The owner of a cryptocurrency mining equipment seller has purchased the coveted domain BTC.com, according to multiple reports. Josh Garza, CEO of Conn.-based GAWMiners, bought the domain for $1.1 million from Domain Guardians, which advertises itself as a boutique domain...

BitPay offers merchants free, basic payment processing

Bitcoin processor BitPay this week announced it is offering merchants free, basic payment processing, the company wrote in its blog. "Our free processing allows merchants to use any plugin, API or app from BitPay's library and grants them access to...

German Bitcoin ATM-maker will go big in the US with 1,000 deployments

By bringing its product into the U.S. market, BitXatm hopes to demonstrate stability of the Bitcoin system and stimulate mass adoption of cryptocurrency.

Risk management company expands coverage of AML product for cryptocurrencies

IdentityMind Global, a provider of risk management and payments products, announced today in a press release the international expansion of its anti-money laundering solution for Bitcoin and altcoins, including their low-cost Ignite program for Bitcoin startup companies. With its newly...

BritCoin the latest virtual currency to make its debut

There's a new virtual currency on the market and it's called BritCoin. William Thomas, who is BritCoin's creator, told the International Business Times in an interview that this new virtual currency is meant to correct some inherent flaws with Bitcoin...

Coinbase makes it easier to refill bitcoin wallet

Bitcoin digital wallet provider Coinbase over the weekend introduced a way for users to refill their account after a purchase, according to a blog post on the company's website. Users can immediately restock their bitcoin wallet from the checkout page when they click the "Repurchase" button after completing an order.

Dell to test bitcoin acceptance

Yet another computer hardware provider is accepting bitcoin as payment. Dell Friday announced on its community blog that it has partnered with Coinbase to accept the virutal currency on its website for both consumer and business purchases. Dell calls this...

New York releases proposed BitLicense regulatory framework for virtual currency firms

Benjamin M. Lawsky, superintendent of financial services, today announced that the New York State Department of Financial Services has issued for public comment a proposed "BitLicense" regulatory framework for New York virtual currency businesses.

French regulators to limit Bitcoin anonymity

French regulators will enforce rules that require entities distributing the popular crypto-currency to confirm the identity of accountholders.

EBA warns banks to stay away from virtual currencies for now

European financial institutions should avoid dealing with virtual currencies such as bitcoin until there are proper regulations in place, the European Banking Authority warned in a document it released on July 4. The authority did admit in the document virutal currencies have their benefits, but the risks involved far outweigh them.

Venture capitalist wins Silk Road Bitcoin auction

Venture capitalist Tim Draper revealed Wednesday that he won last week's US Marshalls auction of some 30,000 bitcoins the agency seized after it shut down Silk Road, an undergroud online marketplace that was notorious for selling illegal drugs. Vaurum, a...

Newegg, 1-800-FLOWERS add bitcoin acceptance

Newegg and 1-800-FLOWERS today revealed in seperate announcements that they now accept bitcoin as a payment option. Newegg, a popular online computer hardware and software retailer, partnered with BitPay to enable bitcoin acceptance.

GAO recommends CFPB examine Bitcoin

The U.S. Government Accountability Office wants the Consumer Financial Protection Bureau to keep a keen eye on Bitcoin and other virtual currencies as their use by consumers continues to grow. The GAO is most concerned about the risks involved with...

BitPay to sponsor college football bowl

College football postseason bowls often carry unusual retailer sponsorships, but the St. Petersburg Bowl just got itself a unique partner that will have many viewers scratching their heads: Bitcoin. BitPay and ESPN Events today announced the bitcoin processor will sponsor...

Digital River's online merchants now can accept bitcoin

Digital River Inc., a global provider of commerce-as-a-service solutions, today announced it has added bitcoin as a payment option for merchants that are selling online in the United States and using its small to mid-sized commerce solution. Bitcoin will now...

Social gifting company eGifter announces new product suite for merchants

Social gifting company eGifter announced today the release of a new digital gift card platform geared specifically for small and medium businesses that works as a hosted solution for both online and brick-and-mortar retailers, according to a press release. The...

Travelers can pay for hotels on Expedia using bitcoin

Add Expedia to the growing list of large online shopping outlets that are now accepting bitcoin to pay for goods and services. The travel site Tuesday announced users can use bitcoin to pay for hotel reservations, according to several published...

BitPay helps Hester Street Fair accept Bitcoin

Digital currency solution provider BitPay has announced a partnership with Hester Street Fair, an outdoor marketplace in New York City. According to the company, many of the fair’s vendors are accepting Bitcoin in hopes of catering to the younger demographic...

Bitcoin turns Japanese, turns around losing streak

Tokyo, once home to the world’s largest Bitcoin exchange — the now-defunct Mt. Gox — is now finally home to a Bitcoin ATM. A Robocoin machine was installed last week at The Pink Cow, which Tech in Asia describes as...

Expect Bitcoin to have an impact going forward

Payments markets should expect Bitcoin-related technologies to cause long-term disruption, two analysts with Wedbush Securities concluded in a research note. Gil Luria and Aaron Turner wrote in the note they expect Bitcoin disruption will take longer than expected to have...

DISH Network to accept bitcoin payments later this year

DISH Network today announced it will become the largest company to accept bitcoin. As the first subscription model pay-TV provider to make this move, DISH will begin accepting bitcoin payments from customers starting in the third quarter, according to a...

Pheeva Bitcoin wallet gets Gyft gift card access

Pheeva Bitcoin wallet users now have access to more than 200 retail gift cards thanks to an integration with Gyft, according to multiple reports. Gyft is a mobile gift card company that accepts bitcoin for payment. Pheeva's integration is part...

Africa to get first Bitcoin ATM this month

This week, South Africa’s Za Bitcoin ATM announced that it will install the continent’s first Bitcoin ATM sometime toward the end of May. From the company’s post on the BitcoinTalk bulletin board: Our company ordered a Lamassu Inc Bitcoin ATM/vending machine around mid Feb this year.

ECB says the euro is far superior to cryptocurrencies

The European Central Bank does not believe cryptocurrencies such as bitcoin are a threat to the euro. Yves Mersch, an executive board member at the bank, made the comments during a speech earlier this week at Cash Symposium 2014 in...

Bitcoin ATM companies roll out new products prior to Amsterdam meet-up

In advance of the Bitcoin Foundation-organized Bitcoin 2014 conference May 15–17 in Amsterdam, several of the world's proliferating Bitcoin ATM providers announced new product rollouts this week. BitXatm A new Bitcoin ATM by German provider BitXatm lets the deployer decide...

CEO of eBay considers adding Bitcoin integration to PayPal

Bitcoin integration soon might happen on eBay. The company's CEO this past week told shareholders at an annual meeting that it is "actively considering" integrating the digital currency with PayPal, eBay's payment arm. "Exactly how that plays out, and how...

BitPay raises $30 million in funding from Branson and Yahoo co-founder

Bitcoin processor Bitpay has raised $30 million in funding from a group of investors that includes Sir Richard Branson and Yahoo co-founder Jerry Yang, according to a report in the Wall Street Journal. Bitpay CEO Tony Gallippi told the newspaper it will use the funding to expand internationally.

The Bitcoin ATM makes a Congressional appearance

It's up for debate whether U.S. legislators will buy into the concept behind Bitcoin — the digital currency that the government is still trying to wrap its head (and regulations) around.

Research: Can Bitcoin succeed?

The mixed news and reviews of Bitcoin leave the public to wonder: Is Bitcoin on its last legs, or will it become a part of the mainstream payments infrastructure? What problems does this new currency solve compared with those that...

A prepaid card for Bitcoin believers

Prepaid Bitcoin last week announced the official launch of a prepaid Bitcoin card. In a news release, Prepaid Bitcoin founder and CEO Josh Agho said the attraction of his product is that, "Our prepaid cards put Bitcoin within reach of...

Canadian Mint wants to sell digital currency creation

The Royal Canadian Mint has decided to end its experiment with digital currency and wants to sell the technology it developed to a private company, according to multiple media reports. The MintChip cryptocurrency is linked to the Canadian dollar and...

PayStand ends beta, raises $1 million in seed funding

PayStand, which calls itself a next-generation online payment solution, today launched its service enabling organizations to accept multiple payment options online without transaction fees to the merchant. The company said in its press release it is the first and only...

Square adds bitcoin acceptance to online marketplace

Square recently announced that merchants selling goods and services on its online marketplace, Square Market, can now accept bitcoin for payment, the mobile provider said via its engineering blog. "For sellers, the experience won't feel any different. Whether selling services...

Jumio creates Bitcoin security network

Jumio Inc., a credentials management tech company, today announced the formation of the Bitcoin Identity Security Open Network. Initial members of the network include eight Bitcoin exchanges, wallets and ATM providers worldwide: BitAccess; SnapSwap; CoinMkt; Digital Currency Exchange of Texas;...

IRS rules virtual currencies are property

The Internal Revenue Service Tuesday issued a notice that virtual currency is treated as property for U.S. federal tax purposes. In some environments, virtual currency operates like "real" currency — i.e., the coin and paper money of the United States...

ECB says virtual currencies can't be ignored

Virtual currency schemes should not be ignored or dismissed as they continue to become more popular worldwide, a member of the European Central Bank's executive board said in a speech Monday at the ECB/Banca d'Italia Workshop on Interchange Fees. "In...

Virtual currency exchange Vircurex suspends withdrawals

Beijing-based virtual currency exchange Vircurex suspended withdrawals Monday as it claimed it did not have the necessary reserves to fulfill customer requests, the company said over the weekend in a statement on its website. Vicurex said the balance freeze is...

Mt. Gox finds some missing bitcoins

Mt. Gox, the Japan-based Bitcoin exchange that filed for bankruptcy last month, said in a statement late Thursday it found some 200,000 bitcoins worth about $114 million in an old digital storage file. The company's discovery represents about 24 percent of the bitcoins Mt.

Revel Systems POS platform adds Bitcoin integration

Revel Systems, an iPad POS provider, has added Bitcoin integration to its platform. Now, users of the Revel POS can accept bitcoins as payment, giving their customers even more ways to pay. According to a news release, Revel is currently...

Mint integrates Bitcoin wallet into personal finance app

Bitcoin wallet provider Coinbase and Mint, Intuit's personal finance app, have partnered to allow users to view their Bitcoin transactions processed by Coinbase alongside their traditional financial accounts. U.S.-based Coinbase supports 840,000 Bitcoin wallets, while Mint links to 20,000 banks,...

Germany's Coino enters crypto-currency marketplace

A new digital currency called Coino entered the crypto-currency market on Jan. 18. According to a press release, Coino was conceived in part by a German online marketing agency with revenues of Euro 8 million ($10.9 million) per year.

KryptoKit releases Bitcoin merchant directory

Bitcoin online wallet provider KryptoKit is providing a shopping directory of e-commerce websites that accept Bitcoin for payment. Toronto-based KryptoKit specializes in encryption and digital currencies. KrypoKit announced its Bitcoin shopping directory at the first North American Bitcoin Conference in Miami on Jan.

NBA's Sacramento Kings accepting Bitcoin

The Sacramento Kings, a U.S. professional basketball team, said it has become the first professional sports franchise to accept Bitcoin.

South Korean Bitcoin exchange receives $400k Silicon Valley investment

The South Korean Bitcoin exchange Korbit has raised $400,000 from a number of well-known Silicon Valley angel investors. According to beSUCCESS, the list is: DFJ's Tim Draper, AngelList's Naval Ravikant, SV Angel's David Lee, Pietro Dova of XG Ventures, Michael...

Wells Fargo launches Bitcoin consultative group

Wells Fargo has set up a group of experts to discuss rules of engagement with Bitcoin, according to the Financial Times. The group is made up of finance executives, virtual currency experts and representatives of the U.S.

Bitcoin payroll API released by Bitpay

Bitcoin processor Bitpay has released the beta version of its Bitcoin payroll API (application programming interface) for employers that enables employees to receive a portion of their net pay in Bitcoin. Atlanta-based BitPay enables merchants to accept Bitcoins as a...

Overstock.com partners with Coinbase for Bitcoin acceptance

The online discount retailer Overstock.com has partnered with Bitcoin wallet provider Coinbase to add Bitcoins to the range of payment options available on its website. Coinbase, which said it has 19,000 business customers, allows merchants to accept customers' Bitcoins as...

Alibaba, Bundesbank add to Bitcoin setbacks

Taobao, a subsidiary of Chinese online marketplace Alibaba, has banned Bitcoin as well as Bitcoin mining software and related material, citing new government regulations, according to the South China Morning Post. The ban takes effect on Jan.

Bitcoin price spikes on Zynga test

Bitcoin prices passed $1,000 on Monday, Jan.

Coinbase releases new wallet and merchant apps

Bitcoin wallet provider Coinbase has released a point-of-sale app enabling merchants to accept Bitcoin payments in-person on a mobile device, along with an updated Android 2.0 consumer app. The San Francisco-based company has so far raised $31 million in investment,...

Indian Bitcoin exchange closes amid regulatory warnings and tax inspections

India's largest Bitcoin trading platform, BuySellBitCo.in, closed on Dec. 26 as a result of regulatory warnings from the Reserve Bank of India, according to The Hindu. On Dec.

With virtual gift token patent, eBay signals PayPal currency plans

A patent for gift tokens filed by eBay at the U.S. Patent & Trademark Office could signal the creation of an alternative to Bitcoin for use with PayPal, according to PandoDaily. "Systems and methods are disclosed for giving gifts in the form of secure tokens," reads eBay's patent, which was published on Dec.

European Banking Authority issues virtual currency warning

The European Banking Authority has issued a warning about the unregulated nature of virtual currencies such as Bitcoin, and the risk to consumers of buying, holding or trading these currencies. The EBA, a regulatory agency of the European Union, said...

Coinbase passes 650,000 user threshold

U.S. Bitcoin wallet Coinbase said it now has more than 650,000 users.

Bitcoin price tumbles after China processing ban

This month has been neither merry nor bright for Bitcoin. Since Dec.

Bitcoin firm Coinbase raises $25 million

Bitcoin wallet and platform provider Coinbase has raised $25 million in Series B funding. The San Francisco-based company said it now has 600,000 consumer users of its Bitcoin wallet along with 16,000 merchants, and is averaging 10,000 new customer sign-ups...

JPMorgan patent application looks a lot like Bitcoin

Is Bitcoin vulnerable to similar products? JPMorgan Chase & Co. apparently thinks so. ValueWalk, citing a story in the Financial Times (which requires a subscription), reports that the banking giant has filed a patent for a system that sounds quite similar to Bitcoin.

Chinese Central Bank bans banks from Bitcoin transactions

The People's Bank of China has ruled that Bitcoin is not a proper currency and has barred Chinese banks from handling it, Finextra reports. According to the site, the People's Bank of China said Bitcoin is a virtual good, not...

China Telecom launches mobile wallet

China Telecom, the country's third largest mobile operator, has launched a mobile wallet in partnership with more than 10 Chinese banks. The partners for its "E-Surfing Mobile Wallet" include Bank of China, The Agricultural Bank of China, China Construction Bank...

Dutch police say phishers used Bitcoin to launder stolen funds

Cybercrime police in the Netherlands have arrested four men for allegedly stealing $1.4 million from banking customers and then using Bitcoin in an attempt to launder the funds. According to Information Week, the men are accused of employing the banking...

Norwegian man reaps Bitcoin bonanza

A young man man in Norway who bought Bitcoins as part of a research project is smiling after learning the investment could be worth up to $1 million. According to The Guardian, Kristoffer Koch spent about $27 for 5,000 Bitcoins...

Showing (161 - 180) of 224

Get the latest news & insights


News

Resources

Trending

Features

Mobile Payments Today: September's top 5 reads