BayPay Members Blogs

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Video: Roundup of This Week’s Bitcoin News 23rd May 2014

  After almost a month, the price of bitcoin is back up to $500. Are you doing a little happy dance? So are we! (Don’t worry: it doesn’t appear in the...
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500 Developers Already Signed Up for MaidSafe Project

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The MaidSafe project announced today it has 500 developers signed up to build applications for its decentralized Internet platform. This follows the project’s successful crowd sale that raised $6m in its...
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Coinbase Adds Bitcoin Payment Protocol For Safer Transactions

Bitcoin and code
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Bitcoin payments processor Coinbase has added support for the bitcoin payment protocol.Called BIP 70, the protocol allows communication between a merchant and its customers when transactions are made, and was designed...
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Spanish Government: Bitcoin is Considered Cash for Tax Purposes

Spanish Congress
The Spanish tax authority, the Agencia Estatal de Administración Tributaria (AEAT), is “monitoring” digital currencies to ensure they are not used for illicit purposes such as money laundering and tax avoidance, the country’s...
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HashFast is Just One Hearing Away From Involuntary Bankruptcy

bankruptcy
Hashfast miner
Bitcoin mining hardware manufacturer HashFast is just one hearing away from being forced into involuntary Chapter 7 bankruptcy.The company is currently entangled in a number of disputes with customers demanding shipment...
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Hacker Surrenders After Roger Ver Offers 37.6 BTC Arrest Bounty

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roger-ver
A hacker targeting Roger Ver has given up his attempts to access the angel investor’s accounts after a 37.6 BTC bounty was issued for his arrest.In a Facebook post earlier this...
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Stolen eBay Database On Sale for Bitcoin is Fake

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ebay, sign, logo, ebay headquarters, ebay california
Earlier this week it was revealed that e-commerce giant eBay fell victim to a sophisticated cyber attack and that its use database had been breached.In the days following the attack a...
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Ireland’s Bitfin 2014 Will Bring Together Worlds of Bitcoin and Finance

Dublin
Royal Dublin Society
Organizers of July’s Bitcoin Finance 2014 Conference and Expo, to be held in Dublin, Ireland, have announced an expanded lineup of over 20 speakers and a provisional outline of the schedule.Bitfin...
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Price of Ripple Plummets as Co-Founder Plans 9 Billion XRP Selloff

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Source: Ripplecharts
One year XRP prices on Bitstamp. Source: Ripplecharts
Ripple Labs co-founder Jed McCaleb has announced his intention to sell his sizable stake in the company’s native digital currency.Known as ripples, or XRP, the currency was created as a unit of account...
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Czech Bitcoin ATM Maker General Bytes Ready to Ship Worldwide

General Bytes BATMTwo

Bitcoin2014
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brmlab BATMTwo
Fresh from its product unveiling at Bitcoin2014 in Amsterdam, Czech bitcoin ATM company General Bytes is ready to begin shipping eye-catching orange bitcoin ‘BATMTwo’ machines across Europe and internationally.The company has...
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Forbes’ Kashmir Hill on How Industry Can Improve Bitcoin

Kashmir hill
Forbes technology and privacy writer Kashmir Hill has become one of the more well-known reporters in the bitcoin community due in part to her viral “Living on Bitcoin” experiments, extensive serieses...
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Bitcoin Pizza Day: Celebrating the Pizza Bought for 10,000 BTC

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pizza
Today, bitcoiners the world over will celebrate the anniversary of the world’s most expensive pizza.Bought on 22nd May 2010 by Laszlo Hanyecz, the programmer paid a fellow Bitcoin Talk forum user 10,000...
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Canadian Lawyer Plans World’s First Book on Bitcoin Law

Christine Duhaime
Christine DuhaimeA Canadian lawyer is planning to write the world’s first law book covering bitcoin and other digital currencies.To help in the complex task, Christine Duhaime has already prepared a team of...
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Chain’s API Takes the Hard Work Out of Bitcoin App Development

Chain team
bitcoin
Developing for bitcoin can be a bit of a slog. The protocol was designed with transactions, not applications, in mind, and getting to grips with the technology can be intimidating, not...
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The First In-Casino Bitcoin ATM Launches in Las Vegas

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Stevens and Robocin's Kelley next to the bitcoin ATM at the D.
Tourists visiting the gambling and entertainment mecca of the US can now get their cryptocurrency at The D Las Vegas Casino Hotel.The D has partnered with Robocoin , a fellow Las Vegas-based...
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Estonian Bitcoin Week a Success Despite Tough Regulatory Environment

Tallinn, Estonia
Silver Meikar
With the cryptocurrency becoming increasingly popular in Estonia, a bitcoin focus week has kicked off in the country’s capital, Tallinn.The event was organized to boost popularity of the digital currency in...
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Charlie Shrem No Longer Under 24-Hour House Arrest

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charlie shrem Curfew doc
Charlie Shrem, a bitcoin entrepreneur facing federal money laundering charges, is no longer under 24-hour house arrest. Shrem still has restrictions related to his legal situation that include a curfew and limits...
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Bitcoin Buoyant as Price Surges Past $500

Coindesk bpi chart
Bitcoin price charted over three months
Bitcoin passed the $500 mark for the first time in weeks this morning. At press time, the price stood at $513.93 – down from a peak of $518.22 a short time earlier.The Bitcoin...
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Japanese Politicians Take Interest in Growing Bitcoin Ecosystem

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Nikkei-bitcoin_small
At least two members of parliament from Japan’s governing party have shown a keen interest in bitcoin, holding discussions with local advocates and even attending gatherings of Tokyo’s regular Meetup group.One...
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Bitcoin’s Newest Merchant Peter Schiff: Gold Still Better Than BTC

peter schiff
Euro Pacific Precious Metals, one the world’s largest gold and silver dealers by volume, announced today that it is accepting bitcoin through merchant bitcoin processor BitPay.Founded by famed financial personality Peter Schiff...
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