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ChangeTip extends bitcoin tipping system to Tumblr, YouTube and Google+
BybtxadmPopular bitcoin-tipping service ChangeTip is already well known by users of Reddit and Twitter, allowing users to easily send and receive small amounts of BTC for writing clever posts, answering questions or providing good advice. Last week, the service announced it had finished testing an expansion to bring the service to three of the most…
Zimbabwe's Central Bank Says Cryptocurrencies "Not Legal"
BybtxadmSpeaking to an audience at the Insurance Institute of Zimbabwe annual conference earlier this month, Reserve Bank of Zimbabwe Director Normal Mataruka said that cryptocurrencies and related investments are “not actually legal” in the country. As reported by NewsDay, Mataruka took a firm stance against cryptocurrency in the country, saying “In Southern Africa, what we…
Bitcoin Foundation hires lobbying firm to advocate for digital currency on Capitol Hill
BybtxadmIn a blog post on the Bitcoin Foundation website, Global Policy Counsel Jim Harper announced today that the organization has hired lobbying firm Thorsen French Advocacy to represent the bitcoin industry in D.C. Thorsen French is a relatively small lobbying firm, but it has a solid track record of representing its clients’ interests on Capital…
BlockScore raises $2 million in VC funding
BybtxadmIdentity-verification startup BlockScore announced today that it has raised $2 million in seed-round funding. Originally designed to provide a verification service for bitcoin ATM systems, wallet providers, miners and exchanges, BlockScore is one of the first startups to attempt to make the leap from the cryptocurrency market to the mainstream. The seed round investors include…
Report: 30 bitcoin ATMs to open in Vancouver
BybtxadmThe launch of a single bitcoin ATM is still relatively big news in the cryptocurrency world. At the moment, the machines are uncommon even on the streets of large cities, and practically unheard of in smaller ones. In Vancouver, Canada, a bitcoin startup called Quadriga CX has announced plans to make virtual currency ATMs as…
Is itBit's New York relocation an indicator of things to come?
BybtxadmIn a blog post published yesterday, Singapore-based bitcoin exchange itBit announced plans to relocate its main office halfway across the planet to New York City. The move appears to signal a growing sense that the safest setting for bitcoin-based trading is no longer the relatively permissive Southeast Asian city-state, but rather the soon-to-be regulated by…

