PayPal files patent application for modular payment device that accepts digital currencies
May 31, 2016 13:06 pm UTC| Digital Currency
PayPal Inc. has filed a patent application with the U.S. Patent Trademark Office for a modular payment device that accepts digital currencies. The applications abstract clearly describes the modular payment method. It...
The DAO’s market cap makes it to top five cryptocurrencies
May 31, 2016 12:59 pm UTC| Digital Currency
The month end has turned out to be quite exciting for the cryptocurrency ecosystem. While Bitcoin still continues to rule the list of blockchain assets, Ethereum is hovering around the $1 billion mark. Of particular...
Bitmain unveils Antminer S9 device, the most power efficient 16nm bitcoin miner
May 31, 2016 12:00 pm UTC| Digital Currency
Bitmain which is one of the market leaders in the Bitcoin mining hardware manufacturer space unveiled their S9 model, the worlds first Bitcoin miner using 16nm chips. Bitcoin enthusiasts have been looking forward to the...
Three individuals call for a moratorium to prevent losses to the Ethereum DAO
May 31, 2016 11:17 am UTC| Digital Currency
Three Ethereum DAO critics have called for a moratorium on proposals to prevent losses to the Distributed Autonomous Organization (DAO) which is a smart contract on the Ethereum blockchain. Dino Mark, Vlad Zamfir and...
Indonesian ecommerce portal KinerjaPay to allow bitcoin transactions
May 31, 2016 09:17 am UTC| Digital Currency
KinerjaPay Corp., an Indonesian digital payment and ecommerce platform, has entered into a partnership with Bitcoin Indonesia an online platform allowing buying and selling Bitcoin with Indonesian Rupiah to accept...
Bitcoin could not be considered money under Florida law, says Barry University professor
May 31, 2016 08:59 am UTC| Digital Currency
Michell Espinozas defense team member professorCharles Evansat a money laundering trial in Miami, Florida said that bitcoin could not be considered money under Florida law as it was more similar to poker chips. Michell...
Bitstamp allows bitcoin payments via credit cards in 28 EU countries; launches EUR/USD trading
May 31, 2016 08:34 am UTC| Digital Currency
Bitstamp, a Europe-based cryptocurrency exchange, has announced the expansion of its services to all 28 European Union countries and is going to launchEUR/USD trading. Bitcoin Purchase With Credit Card Bitstamp, in...