Buying bitcoin from exchanges can involve lots of hoop-jumping, as customers navigate complex and tedious registration and transaction processes. Some people are now cutting through the whole tangled mess, and having their employers pay them in bitcoin directly. Wagepoint, a startup based in Waterloo and Nova Scotia, Canada, offers Canadian and US companies an easy…
Transaction fees on the bitcoin network are often forgotten about. Yet in bitcoin they are more important than on other payment networks. Fees currently serve as protection against the network being flooded with arbitrary transactions. Eventually, they will also be required to incentivise bitcoin miners to continue providing security to the network. Contrary to other…
The card companies, banks and payment processors cooperate together to charge a good chunk of fees both to cover the cost of fraud and to protect against it. But can bitcoin offer better, or at the very least lower-cost, fraud protection for merchants and consumers? It’s almost essential today for merchants to accept credit or…
Safello is now allowing users to request invitations to its newly launched bitcoin wallet service. For the release, the Sweden-based bitcoin services company will leverage Blockchain’s API, though its wallet service will build upon Blockchain‘s basic offering, adding an additional social layer that will allow users to easily search for other users with whom they’ve…
Two top-ranked US universities, New York University and Duke University, are offering courses on cryptocurrencies for the first time. Professor Geoffrey Miller taught the first class of NYU’s new course, The Law and Business of Bitcoin and Other Cryptocurrencies, yesterday. 35 students attended the session – the first in a series of 14 – which…
Gambling is big business, and online gambling represents a significant and growing proportion of that business – about 8% currently. Research company H2 Gambling Capital, which values the online gambling market in terms of gross winnings, put the global market value at €21.73bn ($28.54bn) in 2012. Furthermore, the firm expects a 9.13% compound annual growth…
