Category: News

Apple, Dish, and Amazon signal Bitcoin surge in 2014

In 2014 we have seen one of the biggest fortune 500 companies take action in regards to Bitcoin. This time, instead of analysts reading graphs and making patterns we have concrete actions made by huge corporates who seem to be in support of Bitcoin. Apple Apple started off as an anti-Bitcoin company when it banned the blockchain app and any other similar Bitcoin apps that fascilitated transactions from their App …
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Apple App Store guidelines update allows virtual currencies

Apple issued an update Apple issued an update to it’s App Store Review Guidelines. The update opens doors for Bitcoin related Apps to be added to the App Store. Since the ban of the Blockchain app from the App store, Apple has been known to be strictly against Bitcoin related Apps, however following the Worldwide Developer’s Conference (WWDC) Apple issued an update that can be reviewed here. Under the Purchasing …
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Avoid Coin.MX it is the next MtGox, here is why

In this blog we do not try to hurt the reputation of any companies or falsely accuse them, but this issue has to be brought to light before CoinMX becomes the next MtGox and causes another crash in Bitcoin. What is CoinMX CoinMX is a site that allows you to instantly buy and sell Bitcoins using your credit card. It is similar to coinbase and virwox in that it allows …
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Coinffeine – Decentralized Trading Algorithm

The Problem Bitcoin and other cryptocurrencies are well known to be decentralized technologies. That means that the processing power of the network is spread across multiple points which reduces the chance of failure, security breaches, and obviously centralization. However, in this sea of decentralization there are centralized services which are powered by the distributed cryptocurrencies. One of such are exchanges. They are in essence centralized islands in a sea of …
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