Bitcoin Micropayments, a New Enabling Technology

By Ugene CheungNews

The two big pieces of Bitcoin are the currency and the network. The Bitcoin network enables electronic payments, not such a big deal really, there are lots of payment systems. However the Bitcoin network lets you transfer money (bitcoins) in an incredibly efficient manner, and one which is not dependent on any central control or…

April 30, 2014

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CoinMyne – Rethink the Way You Mine

By Ugene CheungNews

When it comes to mining, most people tend to focus on the hardware: how fast it is and how long until it becomes obsolete. As mining operations get larger and difficulty increases with ever faster hash rates, the ability to manage your operation becomes a more difficult task. Small adjustments to hardware or the ability…

April 30, 2014

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Mexico is loving Bitcoin: Fundación Satoshi Nakamoto and new exchange arise

By Ugene CheungNews

A new cryptocurrency exchange and the opening of the Fundación Satoshi Nakamoto, the newest affiliate of the Bitcoin Foundation, have officially turned Mexico into a (even more) Bitcoin-friendly country. “While governments around the world are trying to understand Bitcoin, Mexicans are using Bitcoin to purchase everyday necessities like food, clothing, and even healthcare”, the Bitcoin Foundation announced…

April 30, 2014

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MIT Bitcoin Project hands out $100 in cryptocurrency to more than 4,500 undergraduates

By Ugene CheungNews

An innovative project promoted by two students who have managed to raise half a million dollars is going to offer $100 in Bitcoin to every undergraduate at MIT, the famous Massachusetts Institute of Technology.  The revolutionary initiative will target over 4,500 students in order to establish “an ecosystem for digital currencies” at the university located…

April 30, 2014

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CryptoCon – Sydney & Singapore Bitcoin Expo – July

By Ugene CheungNews

Austral-Asia Bitcoin Expo The Asia-Pacific is about to be served up a slice of crypto heaven. Enthusiasts in Europe and the Americas can take their pick of exciting events. For those on the other side of the world, well, it’s slim pickings. This July CryptoCon aims to bridge the gap. Broadly the event will focus on…

April 30, 2014

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Madison’s MobCraft Combines Crowdsourced Craft Beer and Bitcoin

By Ugene CheungNews

Wisconsinites love their beer, and several craft breweries call Madison home. Among them is MobCraft, a brewing concern quickly earning a reputation not only for stunning original beers, but also for a truly distinctive business model. For starters, MobCraft’s brews are crowdsourced. The team monitors the “social popularity of each beer recipe through different channels of social…

April 30, 2014

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Mt. Gox Shouldn’t Stay Down…Or Should It?

By Ugene CheungNews

Mt. Gox’s petition for bankruptcy protection during a proposed reorganization was rejected two weeks ago by a Japanese bankruptcy court. As a result, the beleaguered exchange has been ordered into liquidation. Unless or until CEO Mark Karpeles makes himself available in person to provide a deposition to courts in the United States, the same is…

April 30, 2014

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CoinPip brings SMS Bitcoin Wallets to Asia

By Ugene CheungNews

Singapore-based Payment Solutions Provider CoinPip has teamed up with 37Coins to  bring an SMS wallet to the region. CoinPip is excited to offer the opportunity for consumers to pay in bitcoin from absolutely any mobile device with SMS functionality. The company has gained attention with their BOOST events, promoting Bitcoin throughout the region in an…

April 30, 2014

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Paying with Bitcoin at the Gas Pump

By Ugene CheungNews

Bitcoin may be coming to a gas station near you thanks to Andy Schroder’s Bitcoin Fluid Dispenser II. For commodities like oil and gas, this innovation could help streamline the end of the supply chain and in turn, increase the usability of cryptocurrencies. So far, there are a few companies at the forefront of Bitcoin…

April 30, 2014

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Bitcoin’s Place in a Planetary Culture

By Ugene CheungNews

You can hate globalization or love it. But you cannot deny that, today, we are living in the most interconnected global society the world has ever known. For the first time in human history, almost everyone in the world has reasonable access to near-instant communication with the rest of the planet. Pondering the consequences of…

April 29, 2014

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