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…
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…
Trucoin has announced it will expand its bitcoin buying service to consumers in 32 US states over the next few weeks. The news follows three months of inactivity for the company, and what it called its successful eight-state beta test earlier this year. Customers in states served by the company will be able to purchase…
Bitcoin price resilience finally crumbled this week after two weeks of strength following the so-called ‘BearWhale’ slaying. The price opened the week at $386, holding steady until mid-week, when it began a steep decline. It closed at $346, shedding $40 over the last seven days. The bitcoin price deterioration follows a strong rally from $295…
Poland-based bitcoin payment solutions provider InPay S.A. has launched an equity crowdfunding campaign that makes it possible to buy company stock with bitcoin. The company claims to have secured the approval of Poland’s Financial Supervision Authority (KNF), the country’s equivalent of the US Securities and Exchange Commission (SEC), which makes it a unique project in…
A Florida law firm is pressing charges against digital currency exchange Cryptsy, accusing the company of fraudulent business practices and negligent security measures. In court documents filed in the 15th Judicial Court of Florida yesterday, Silver Law Firm stated that Cryptsy violated the state’s Deceptive and Unfair Trade Practices Act by failing to provide critical…
