The bitcoin community is coming to terms with regulation, but are fighting it from snuffing out the nascent technology. Read more »
Could you have a “pay with bitcoin” button for your Uber sometime soon? The WSJ reported today that eBay’s payment unit Braintree is considering accepting bitcoin. Apparently the PayPal subsidiary has spoken to several companies including Coinbase about it, although there is no deal or timeline for implementation yet. The deal is allegedly limited only to Braintree — whose clients include Uber and Airbnb — and would not include eBay or PayPal yet. Braintree wouldn’t be the first business of its kind though to embrace the virtual currency; companies like Stripe and Shopify have already jumped on the bitcoin bandwagon.
Part of the original “PayPal Mafia” and also formerly of Slide, Max Levchin has made a return to financial services startups with his newest venture, Affirm. Read more »
What’s moving the market? One research paper points to Google searches as a predictor of a boom — and bust — of the bitcoin market. Read more »
Had the T-Mobile/Sprint merger gone through, we would’ve found ourselves with three wireless companies, each with more than 100 million customers. Read more »
BitPay killed off its transaction fees on its starter plan, making bitcoin payment processing free for merchants. Coinbase then followed suit for nonprofits. Read more »
Gyft, a mobile gift card company, announced Wednesday that it has been acquired by First Data, an Atlanta-based payments giant. The acquisition terms were not disclosed, as first reported by Pando Daily. While it’s not technically a major acquisition of a bitcoin company, Gyft has been a long-time favorite of bitcoin users because it was one of the easiest ways to exchange the cryptocurrency for digital gift cards to use at everyday businesses. Although First Data may be bitcoin shy itself, Gyft’s CEO Vinny Lingham said in the release that it will continue to accept all kinds of payment for its mobile gift cards.
The Atlanta-based payment processor plans to announce today that it’s dropped the 1 percent transaction fee on all starter plans. Read more »
The Yahoo-owned website has moved beyond a photo repository to an image licensing marketplace. Read more »
The company’s bitcoin wallet app is back in the App Store after Apple removed cryptocurrency apps earlier this year. Read more »
The SecondMarket CEO announced his resignation from the position as he focuses on building out a bitcoin business. Read more »
Coinbase helped Dell install bitcoin payments in just two weeks. Read more »
Yes, the BitLicense rules are strict, but is this the reputational boost bitcoin needs? Read more »
The ecommerce platform had already supported BitPay since November, but announced today that its users could start accepting bitcoin via Coinbase, pitting the two payment processors against each other. Read more »
If you’re trying to clean up your newsfeed or cut down on your Twitter noise, here’s how to do it while keeping your (virtual) friendships intact. Read more »
A report from CoinDesk shows increased quarterly investment from venture capitalists — and that’s not including this week’s $20 million announcement from Xapo. Read more »
Mark Karpeles plans to split the proceeds with the failed exchange’s creditors. Read more »
A company’s application to trademark the word “Doge” has the meme’s fandom rushing to its defense. Read more »
No winners have come forward yet, but the rumors are making the bitcoin price rocket higher. Read more »
A new interview with MtGox’s CEO and the federal auction of seized bitcoins brings some unwanted attention to the cryptocurrency. Read more »
Pay-by-bitcoin will be a new payment option for invoices, thanks to a free service from Intuit announced today. Small businesses who use QuickBooks Online can register for a wallet with Coinbase and link it to their account. Intuit’s new PayByCoin service then allows customers to pay with bitcoin (in addition to all the normal ways) and the business records the transaction as usual. How many people will use the service? It will depend on how many existing customers already have quantities of bitcoin laying around to spend, but it’s still a move that makes it just a little bit easier for businesses to accept the cryptocurrency.
Last Friday, bitcoin mining pool GHash reached 51% of the network mining power. This could have had devastating consequences if misused, but a week later, it may have caused more good than bad. Read more »
Dogecoin has Nascar, but now bitcoin has college football. ESPN Events is expected to announce today that the cryptocurrency will star in the new Bitcoin St. Petersburg Bowl, thanks to a three-year sponsorship from payment services provider BitPay. Bitcoin holders can use the currency to purchase tickets and concessions at the game. The bowl, formerly known as the Beef O’Brady’s Bowl, will also have new conference affiliations, featuring one team from the Atlantic Coast Conference (ACC) and one from the American Athletic Conference. Tickets for the Dec. 26 game in St. Petersburg, Florida will be available through Ticketmaster or can be paid for with bitcoin through the bowl’s site.
It’s officially named the reversed hand with middle finger extending, according to the Emojipedia, and it’s coming to your mobile phone. Unicode, the standard for consistent text presentation across platforms, announced an update today that introduces 250 new emojis, inspired by Wingdings and Webdings. It’s not a guaranteed lock they’ll end up on your phone though — it’s up to Unicode’s member platforms, which include iOS and Android, to add the update. Emojipedia is keeping a list of the icons coming in the update, so other than giving your friends the middle finger, you can send a #tbt of a black hard shell floppy disk, a man in a business suit levitating or even the derelict house building. Now where’s our taco emoji?
Bitcoin price dips as low as $565 with news of the U.S. Marshals Service auctioning off the seized Silk Road bitcoins. Read more »
AstroPay launches a new, licensed money service business based on the Ripple protocol. Read more »
Although bitcoin is a speculative market, a new research report suggests that its price may be tied to standard market movements. Read more »
Apple’s iCloud price drop puts it in play for one of the cheapest storage options around — if you have an iPhone, that is. Read more »
The rise and rise of bitcoin price last year could be blamed on two bots, dubbed Willy and Markus. Read more »
You can add paying your TV provider to the list of things you can do with bitcoin. Satellite-TV service Dish announced today that it will begin accepting bitcoin later this year. With 14 million subscribers, Dish claims it is now the largest company to accept the cryptocurrency — joining a club of companies like Overstock.com and Virgin Galactic. The TV giant is negating some of the risk that comes with accepting bitcoin by using Coinbase’s Instant Exchange feature to immediately transfer bitcoin into USD. Still, the ability to pay a big company’s monthly bill marks another real world application for bitcoin.
In the never-ending quest to make using and sending bitcoin easier, Coinbase unveiled today a new feature: payment pages, which let users create a custom web address (like Marc Andreessen’s coinbase.com/pmarca) to receive payments. The pages provide a QR code and bitcoin address that let anyone, not just Coinbase users, send bitcoins. While this will help make it easier for individuals to send money to each other, it could also be good for nonprofits (like Code.org shown above) who can give the URL out easier than handing out QR codes everywhere. To prove that point, rapper Nas, Andreesen and Code.org are donating all money received through their payment pages to charity until June 6th — a move that Coinbase will match up to $50,000 in combined donations.