Bitcoin firm BitX, which focuses on bringing bitcoin services to emerging markets, has added Malaysia to its stable of exchanges. The new exchange, which has been operating live for two weeks now, allows Malaysians to link local bank accounts for both deposits and withdrawals in the local currency, the ringgit. In keeping with BitX’s goal to provide local services with local staff, customer support is … Continue reading Bitcoin News: A New Feature-Rich Bitcoin Exchange Opens Up in Malaysia

The bitcoin price continued its decline this week, deepening losses that began last week. However, fundamentals suggest there may be reason for optimism in the long-run. Bitcoin was trading at $352 at the start of the week, close to its high for the period. It dropped to a low of $320 on Saturday. It closed the week at $325, losing $27 over the seven days. … Continue reading BItcoin Market News: Price Slump Continues For Bitcoins

Bitcoin is not just a new form of payment, and it isn’t simply a store of value. It is, perhaps most importantly, a public ledger, and it is the part of bitcoin known as the block chain that many argue holds the true innovative potential of the technology. In essence, bitcoin is a new foundational technology built using the Internet, utilizing both the power of … Continue reading Bitcoin Review: Work Bitcoin Can Enable In The Future

Taxi passengers in the Malaysian cities of Kuala Lumpur and Johor Bahru can now pay for their rides in bitcoin, thanks to a booking service called Taximonger. Bitcoin Malaysia reported that it believes Taximonger offers the first opportunity for Asian taxi customers to use bitcoin, adding that for Malaysia it also represents the first cashless payment system for cabs, a long overdue addition. Taximonger offers … Continue reading Bitcoin News: Taxi Customers Can Now Pay In Bitcoins

A Spanish hotel chain that accepts payment in bitcoin celebrated the launch of a bitcoin ATM in one of its Madrid hotels last night. One Shot Hotels hosted a cocktail party at its Recoletos 04 venue, which was attended by more than 100 people. “It was packed. All the Spanish Bitcoin startups were there, along with a lot of bitcoin users and also a few … Continue reading Bitcoin News: A Spanish Hotel Launches Bitcoin ATM With A Bang

Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation’s large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken’s security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the … Continue reading Bitcoin News: Bitcoin Exchange Kraken Launches in Japan