KnCMiner has become the latest bitcoin company to join the ecosystem’s ongoing debate over how bitcoin prices should be displayed. The Sweden-based bitcoin mining company announced on Twitter today that it will now allow users the option to view bitcoin prices in bits on its KnC Wallet app. The news plays into a growing debate…
Reaching the millions of unbanked consumers worldwide has long been a goal of the wider bitcoin industry, but to date, it has struggled to gain users outside of more developed countries. Crossing this awareness gap is the driving force behind Piiko, a prepaid mobile phone top-up service that currently serves consumers with select phone plans…
The BitGive Foundation announced today that it has become the first nonprofit bitcoin organization to achieve 501(c)(3) status, meaning the Internal Revenue Service (IRS) officially recognizes it as a charitable organisation in the US. This means that any gains made by the foundation will not be taxed, thus directing more money to its supported causes….
It may be cliché, but perhaps no single word sums up bitcoin quite as well as “disruptive”. Computer scientists have been trying to create secure and sustainable digital cash since the earliest days of the Internet, and until Satoshi Nakamoto’s white paper introducing bitcoin was published in 2008, their efforts were in vain. While the…
Given that the design of bitcoin’s peer-to-peer system was partly inspired by gold, it’s not a surprise that many bitcoin enthusiasts are also fans of the precious metal. Both gold and bitcoin are scarce commodities used as stores of value by those who might be distrustful of fiat currencies. The bitcoin community has long been…
BitPay executive chairman Tony Gallippi announced today that his company paid for its upcoming college football bowl game sponsorship in bitcoin. The surprise news came at a press conference held by BitPay and the St. Petersburg Chamber of Commerce to promote the upcoming Bitcoin St. Petersburg Bowl. There, Gallippi revealed that BitPay paid ESPN Events,…
