News From The Crypto Currencies Scene

2014-10-09 07:09
Snapcard and Wix in Partnership
Snapcard, a cryptocurrency payments processing company, announced today that they have signed a partnership agreement with Wix.com, which is a easy-to-make-website website, where users can design their own sites with ease and get a free domain or pay a small fee to integrate the system to their own domain.…
2014-10-08 05:08
Blockchain Raises 30 Million in Financing
The world's leading online Bitcoin wallet system, Blockchain, announced late last night that they have received a massive $30 million in funding and financing from outside investors. The money has come in through Series A financing which was led by Lightspeed Venture Partners and Wicklow Capital group.…
2014-10-07 05:12
Bitcoin Tumbles Back Over 320 Level
The weekend was hard on the Bitcoin once again, as the Bitcoin reached record low levels of $275, which is the lowest in more than 1.5 years. The reason for decrease in value for the Bitcoin is uncertain and many of us are simply taking a guess when we try to speculate towards why it fell.…
2014-10-06 06:05
Russia Placing Permanent Ban on Use of Cryptocurrency
Speculations has been flying around lately, regarding Russia and its stance on cryptocurrencies and especially the Bitcoin. While some assumed that the major nation would not care so much about the use of cryptocurrencies, others feared that they would completely ban them, including using them, mining them or trading them.…
2014-10-05 04:58
Bitcoin Value Plummeting Again
Here we go again. The Bitcoin industry continues to provide new interesting ideas to the payments industry, the merchants are advertising the possibility to pay with Bitcoins and the news regarding Bitcoin is in general positive, but despite that, the Bitcoin value has plummeted down once again and is at the time of this article at a price level of $317.8.…
2014-10-03 05:31
247Exchange Integrates Sofort Banking to Their Payment Methods
The international cryptocurrency exchange site 247Exchange announced today that they have integrated a new payment method, which will provide them with the possibility to accept and send payments to more than 400 banks.…
2014-10-02 06:09
Georgia Tech Integrates Bitcoin Payments in Campus and Bobby Dodd Stadium
Cryptocurrency and especially the Bitcoin is becoming a very popular way of paying within the American colleges and universities and one of the latest schools to take advantage of that is Georgia Tech.…
2014-10-01 05:49
Reddit Receives 50 Million in Funding and Talks About Creating Cryptocurrency
The online community “Reddit” is seen as the front page of the internet and they are a very popular choice for people looking for funny articles, discuss serious issues or get more knowledge about a certain subject. Their popularity has done nothing but increase and their company has now been valued at $500 million and received a $50 million Series B venture financing from Sam Altman, Andreesen Horowitz and a few other investors.…
2014-09-29 05:12
Coin.mx Accepting Credit Cards for Bitcoin Trading
The online Bitcoin exchange site Coin.mx announced in a press release yesterday that they have started accepting credit cards for deposits and withdrawals within their Bitcoin exchange platform. This makes them one of the first Bitcoin exchanges in the world to utilize credit cards for purchasing and selling Bitcoins.…
2014-09-28 08:28
Bitcoin Value Under 400 Again
The Bitcoin value is more swingy than it has been for several months, as it continues to rise and fall within the $390-$450 spectrum. With the positive news coming from PayPal about allowing their subsidiary Braintree to offer Bitcoin payments, the value rose above $450 at one point, showing a massive positive trend.…
2014-09-26 06:28
No VAT Charge for Bitcoin Trading in Belgium for now
One of the first hurdles with the Bitcoin initially was if profits made by trading the currency should be taxed or not and most countries in the world has settled that matter during the course of this year. Now another issue arrived however and that is if the governments should charge VAT on Bitcoin trading or not, as it is not categorized properly with the European Court of Justice yet.…
2014-09-25 08:20
Cloudbet Launches Mobile Sportsbook for Bitcoin
Cloudbet.com is one of the fastest growing Bitcoin sportsbooks and casino sites in the year of 2014, having build up a good customer base taking only Bitcoins as payments. Now the site is ready for the next step, as they have launched a sportsbook for mobile devices, allowing the most common models of tablets and mobile phones to place bets.…
2014-09-24 06:01
PayPal Vendors Can Now Accept Bitcoin Payments and Save Fees
PayPal announced earlier this month that their subsidiary “Braintree” would begin to integrate Bitcoin payments into their payment system offerings. Yesterday PayPal could finally announce that their merchants would be able to accept Bitcoin payments through partnerships with GoCoin, Coinbase and BitPay.…
2014-09-23 05:47
Greenpeace Accepting Bitcoin Donations
Bitcoin is becoming the go-to currency to accept donations when you are a charity organization or similar, as the price in fees and setup costs is much lower than with normal payment methods. Combine this with the security of funds and the impossibility of fraud, it is an ideal match for any organization.…
2014-09-22 05:41
BitOcean Launching Two Way Bitcoin ATM's
A new player has entered the Bitcoin ATM market, as BitOcean announced yesterday in an official statement that they have made their very own two-way Bitcoin ATM. The ATM is made to compete with ATM's like Robocoin's and can comply with fraud and laundering laws.…
2014-09-21 03:53
Bitcoin Staying Under 400 Mark
The Bitcoin has had a rough week, despite overall good news from most angles. It has once again lost a massive 20% of its total value and people who are new to the whole cryptocurrency industry were not pleased with the extreme swings that the value has taken.…
2014-09-19 05:11
The Bitcoin Price is Plummeting Under 400 Now
We're at it again. There's no other way to say it at this point, as the Bitcoin has once again had one of its bigger price falls this year, reaching levels below $395 at the time of this article being written. The Bitcoin community have different theories towards why the Bitcoin cannot stabilize, but truth be told is that no one really knows.…
2014-09-18 04:36
HostDime Partnering up With BitPay to Accept Bitcoin Payments
The global data center provider HostDime announced today that they have started to accept Bitcoin payments for their services, in partnership with BitPay, the world's leading online Bitcoin payment system provider.…
2014-09-17 05:41
CNN Now Displaying Bitcoin Price Movements
While most people are aware of the fact that the Bitcoin has entered in the mainstream media's news cycle, as well as in the minds of many bigger companies and businesses, not many outsiders are aware of the fact that the Bitcoin is being traded massively on the Forex markets around the world.…
2014-09-16 00:05
United Way Accepting Bitcoin Donations Through Coinbase
United Way announced today that they will begin to accept Bitcoin donations through a partnership with the US-based Bitcoin exchange and payments company Coinbase. The partnership will allow United Way to receive donations from people all over the world, fast, simple and with almost no fees attached.…

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