This is a guest post from Digital Currency Council Member Marty Zigman. Recently, I gave a webcast presentation to AICPA members to help accounting professionals understand Bitcoin and how to treat it on the general ledger. If you are an AICPA member, the webcast is available for your viewing. In this article, the key points from that presentation...
Tuesday, March 31, 2015
Sidekik: Decentralized Video Streaming and Storage
The Sidekik app, which is accepting bitcoin in its crowdfunding campaign, is intended to bring real-time accountability to law enforcement by streaming video and audio of encounters with police to Maidsafe.The goal is to protect the integrity of evidence.The app, which began its second stage of crowdfunding March 9, will do far more than...
CounterpartyChain.io and DogepartyChain.io Join the CoinTelegraph Media Group
CoinTelegraph is partnering with not one but two blockchain services by revered crypto 2.0 startup CoinDaddy. Together, these tools bring enhanced opportunities to both readers and advertisers alike...
DEC_TECH Toronto with Keynote Speaker Andreas Antonopoulos: This Week on Decentral.tv
All this week, decentral.tv will be airing segments from the first Decentralized Technology (DEC_TECH) event held at MaRS Discovery District in Toronto, presented by Decentral. Held on March 17, 2015, the event drew a crowd of over 300 digital currency enthusiasts.Monday’s segment begins with opening remarks from host Anthony Di Iorio of...
MAR 31 DIGEST: Former Feds Charged with Stealing Silk Road Bitcoins, 2/3 of All Bitcoins Have Been Mined
The task force DEA agent who worked on the Silk Road case allegedly extorted hundreds of thousands of dollars from Ulbricht, two-thirds of bitcoins have now been mined and more top stories for March...
US Secret Agents Charged with Silk Road Bitcoin Theft, Extortion of Dread Pirate Roberts
Following Ross Ulbricht's Silk Road conviction, extraordinary details have emerged about two of the investigating federal agents charged with extortion, fraud, and theft of bitcoins from the market...
Dept of Homeland Security Orders Reddit to Reveal Users Linked to ‘Evolution’ Scam
Popular social network Reddit, has been requested, by subpoena, to hand over personal data of five users linked to Evolution, a dark net marketplace that vanished with millions of dollars worth of ...
IBM to Invest US$3 billion in ‘Internet of Things Unit’
In its most concrete investigation into emerging technology so far, IBM has announced it will spend up to US$3 billion in a specialist unit revolving around the Internet of Thin...
ZapGo Uses Bitcoin To Allow South Africans To Spend Cash Online
ZapGo aims to revolutionize how young South Africans spend their cash online. The new mobile money start-up by South Africans Michail Brynard and Helghardt Avenant (currently halfway through the Bo...
Monday, March 30, 2015
Bitcoin Consumer Fair to be Held in Atlanta
FOR IMMEDIATE RELEASEBitcoin Consumer Fair to be Held in AtlantaAtlanta, GA (March 19, 2015) – The Loudermilk Conference Center in Atlanta is slated to host the 2015 Bitcoin Consumer Fair on the 18th of April. The event is geared toward both consumers and merchants who are interested in expanding the use of Bitcoin in the Atlanta area, as...
iNation Joins Forces with the IBREA to Put Deeds on the Blockchain
iNation and the International Bitcoin Real Estate Association (IBREA) are joining forces to allow real estate deeds to be copied to the blockchain in full for backup and stora...
Amid Double Taxation, Australia Govt Now Links Bitcoin to Corporate Tax Evasion
In the latest hurdle to beset the cryptocurrency sphere in Australia, a new government tax paper has listed Bitcoin among the methods which make it difficult for authorities to track tax avoidan...
MAR 30 DIGEST: SOCOM monitoring Bitcoin for Terrorism Funding, T-Mobile Poland gets own BTM
The United States SOCOM has outlined how it views Bitcoin, admitting to monitoring and tracking transactions. A proposal for a decentralized local dark market has been published aiming to use the b...
University Professor to Canada Senate: Bitcoin Users Must ‘Get Their Money Back’
Continuing its open ear policy towards digital currency, the Canadian Senate last week held an in-depth Q&A with an industry spokesperson on the topic of handling Bitcoin in the long-te...
Can La'Zooz Take Ridesharing to the Moon?
La'Zooz – a blockchain-based ridesharing app. Eitan Katchka is La'Zooz's Israel-based head developer, and has shared the project's most recent news with CoinTelegra...
Sunday, March 29, 2015
‘Bitcoin Should be Used as a Currency Tool, Rather Than a Currency Itself’
Cointelegraph SA recently attended the African Cards & Payments Conference in Sandton, Johannesburg, where local bitcoin payment processing company PayFast stood out as a technology company with a ...
Online Banking Fraud Up By 48 % While Bitcoin Could Reduce That
Online banking fraud rocketed 48 % to £60.4 million in 2014 compared with 2013, according to a report released by Financial Fraud Action UK (FFA U...
Everything is Set for the First Ever Bitcoin Conference in Africa
Bitcoin and Africa are often mentioned in the same sentence, particularly when talking about remittances and the unbank...
Weekend Roundup: Bitcoin Exchange Takes Tax Authority to Court, BIT Becomes World's First Public BTC Fund
Weekend Roundup from CoinTelegr...
ChangeTip Adds Disqus To Its Growing List of Support Networks
ChangeTip, the self-titled “love button of the Internet,” has been integrated into yet another social network – this time, with the comment service Disq...
Bitcoin and M-Pesa; What Stands between Them
Being a Kenyan, who uses both the mobile money service and bitcoin, it made me think about how the two technologies compa...
Saturday, March 28, 2015
Houston Bitcoin Embassy Opens
Houston, we have a problem. We need more cutting edge tech entrepreneurs.Luckily there’s a new space in Houston, Texas, built just for that, provided by Cryptospaces, which is backed by bitcoin consulting company, FinalHash. Located at 6907 Almeda Rd., the Houston Bitcoin Embassy is an incubator/ coworking space dedicated to tech startups....
Why You Need to Love Bitcoin to Love the Blockchain
Most people following developments in Bitcoin are familiar with the often repeated mantra proclaiming the blockchain an innovative technological breakthrough, but Bitcoin an unnecessary and superfl...
Bitcoin Embassy Amsterdam Founder Booted From Organization, Starts Second Embassy
Bitcoin Embassy Amsterdam "forks" into two versi...
Friday, March 27, 2015
Bitrefill and Celery Make Bitcoin Remittances Easy: A Conversation With CEO Sergej Kotliar
Bitcoin airtime merchant, Bitrefill, has partnered with New York-based Bitcoin exchange Celery to enable bitcoin remittances of phone minutes to more than 100 countries – without the sender ever having to touch the digital currency.“The integration uses all of the benefits of Bitcoin but hides the complexities from the user, just uses Bitcoin...
Do Cryptocurrencies Need a Better Unifying Identity?
With over 600 cryptocurrencies out there, each with their own branding and identity, do we need a better unifying brand to represent them a...
Warning! Kaspersky Alerts Users of Malware and 'Blockchain Abuse'
Could malware be injected into the blockchain and be used to steal user's private keys? Cyber security firm Kaspersky Labs seems to think ...
Blockchain Tech is the ‘Biggest Opportunity’ for Banks to Stay Relevant, Says New Report
Investment in financial-technology companies grew by 201% globally in 2014, according to a new report from Accenture. The consultancy firm named blockchain technology to be one of the keys that leg...
Paul Snow Rides 21 Miles on a Unicycle to Texas Bitcoin Conference
The second annual Texas Bitcoin Conference opened its doors in Austin on March 27 and will run through March 29, 2015. CoinTelegraph had the chance to speak with Paul Snow, the organizer of the ev...
Bitcoin Will Make 'Civil Asset Forfeiture' a Sad Joke (Op-Ed)
The Washington DC-based organization Cato recently announced some “good news:” that civil asset forfeiture – that is, state seizure of a person's home, car, and bank accounts – has been “abolished”...
MAR 27 DIGEST: Council on Foreign Relations Calls Bitcoin ‘Nuts’; PayPal fined $7.7 Million
The Bitcoin Investment Trust's parent company has launched their public investment platform Grayscale; PayPal fined US$7.7 million for allowing transactions to countries covered by the United Stat...
Barry Silbert Confirms Bitcoin Investment Trust Launch, World’s First Public BTC Fund
Barry Silbert’s Bitcoin Investment Trust, the eagerly awaited gateway to opening up Bitcoin investment to major markets, has gone live, beating out the Winklevoss twins’ Bitcoin E...
Bitcoin Shop Acquires Additional Equity in Coin Outlet; Interview with CEO, Charles Allen
On Thursday, March 26, 2014 Bitcoin Shop, Inc. announced that it has acquired an additional 2% equity ownership in Coin Outlet, reducing Coin Outlet CEO Eric Grill’s shares by 701,966 while increas...
7-Eleven Mexico Launches Virtual Currency 'Big Coins'
In a marketing effort, 7-Eleven Mexico announces the launch of its own virtual currency dubbed "Big Coins." The company is looking to retain customers and build its online presence by rewarding eng...
Thursday, March 26, 2015
Neteller Adds Bitcoin Funding to Prepaid Mastercards
In a surprise move, e-wallet provider and payment processor Neteller quietly started to accept bitcoin deposits at zero fees. Neteller customers will now be able to top up their accounts by exchanging Bitcoin into one of the currencies offered by Neteller.Neteller, owned and operated by publicly traded British global payments company Optimal...
Designers Compete to Create Global Cryptocurrency Brand
Many people know the symbol of Bitcoin. Many people might know the symbol of Litecoin. Even fewer know the symbol of a Dogecoin. There are hundreds of cryptocurrencies that have been developed, but what’s the symbol for “cryptocurrency?”Brand Me Crypto, a design contest sponsored by Vogogo and Cryptsy, is hoping that one concise brand can...
Europe Caps Payment Fees at 0.2% Undermining Bitcoin’s Appeal
The European Parliament has passed a deal to cap the fees at 0.2% that banks charge retailers to process payments in a move that could undermine one of bitcoin’s main competitive advantages in the ...
MAR 26 DIGEST: Italy Debates State Access to Private Data, 60% of Funds Stolen from Cryptoine Exchange
Italy is set to debate a powerful new amendment to its anti-terror laws, which would allow authorities to obtain any digital data from any computer system. Cryptoine digital exchange closes after a...
Britain and the US Compete to Foster New Payment Systems, Bitcoin
New regulation to be enacted in the UK could see Bitcoin exchanges and related services enjoy access to faster payments and considerably increase liquidity as the United States is also considering ...
NeuCoin Whitepaper Outlines the Math Needed for Proof-of-Stake to go Mainstream
NeuCoin, an extensively modified proof-of-stake cryptocurrency based on Peercoin, released its 39-page whitepaper Wednesday, following a year of developme...
Coinfest Africa Gathers Crypto Activists in Ghana with Tanzania and Botswana to Follow
A “successful” Coinfest event took place on March 20 in Kumasi, Ghana attracting crypto enthusiasts from all over the world. Similar events are also scheduled to be held in Tanzania and Botswana on...
Bitwage and Xapo Announce First International Bitcoin Payroll Debit Card
Announced March 25, Bitwage is partnering with Xapo to create the world’s first international bitcoin payroll debit card. This is a big step forward for bitcoin practicality in the workplace, and in...
Wednesday, March 25, 2015
Bet on Sports with Bitcoin and Get $10 in BetVIP-CoinTelegraph Giveaway
CoinTelegraph has teamed up with BetVIP to bring you a giveaway campaign where you will receive US$10 and a 100% bonus to your deposit just for taking pa...
Alibaba’s ‘Selfie’ Payments Vulnerable, May Work With Decentralized Security
E-commerce giant Alibaba Group and its affiliated online payment service AliPay, presented their prototype of using facial recognition instead of passwords for authenticati...
Swedish Tax Authority Taken to Court by Bitcoin Exchange over ‘Extremely Intrusive’ Data Request
Swedish bitcoin exchange BTCX, has been requested by the local Tax Authority to disclose transaction history of the company's 20,000 customers. The exchange is taking the Swedish Tax Authority to c...
Hong Kong Announces Bitcoin will Remain Deregulated
Secretary of the Financial Services of Hong Kong, Professor KC Chan announces no intention to specifically regulate cryptocurrenci...
MAR 25 DIGEST: NETELLER Adds Bitcoin Deposit Feature, Singaporean Bank Organizes Blockchain Hackathon
Dutch cryptocurrency brokerage Anycoin Direct partners with TrustPay to expand to an additional 14 countries in Europe, NETELLER changes its stand and adds bitcoin deposit feature, bitcoin exchange...
Darkcoin is Now Dash, and Not a Moment Too Soon
The last few months have demonstrated that Bitcoin is really, really not anonymous. Take, for example, Aleš Janda's website WalletExplorer. Janda's site claims to accurately identify not only indiv...
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