Initial Coin Offerings (ICOs) – Weekly Overview
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Bitcoins.com domain name to be auctioned off, proceeds split with Mt.Gox creditors
BybtxadmLater this month, the Bitcoins.com domain name will go onto the auction block. U.S.-based auction house Heritage Auctions will be selling off the domain to the highest bidder at a special event called Domain Names Signature Auction on July 24 in Dallas. Owned by Mt.Gox CEO Mark Karpeles through Mt.Gox’s parent company, Tibanne K.K., the…
MEVU debuts proof-of-concept wearable bitcoin wallet
BybtxadmMuch like how cryptocurrencies are reshaping the definition of money, wearable technologies are rethinking how the real and digital worlds interact. Startup wearable tech company MEVU recently unveiled a new, proof-of-concept bracelet that tracks wrist movements. It’s first real-world application is to serve as a bitcoin wallet that can approve purchases with little more than…
Dogecoin and alt-coin tipping apps approved on Facebook
BybtxadmCryptocurrency culture has made more progress into the realm of social networking thanks to two new tipping apps recently approved by Facebook. The Doge Tipping App and the Multicoin Tipping App provide simple tipping functionality much like that seen on Reddit and Twitter. Late last month, QuickCoin introduced a tipping-friendly bitcoin wallet for Facebook. The…
Report: Bulgaria officially recognizes bitcoin as currency
BybtxadmAccording to Cointelegraph, Bulgaria has become the first European Union member state to officially recognize bitcoin as a currency. The decision from Bulgaria’s equivalent of the IRS, the National Revenue Agency, was published yesterday on the agency’s website in a post titled “Revenue from Bitcoin Transactions are to be Declared and Taxed.” (Google translation here.)…
Updated Blockchain.info shows greater range of mining pools
BybtxadmLast week, a single mining pool, GHash.io, briefly gained over 51% of the hashing power of the entire network. Although several core developers have claimed that a true 51% attack is extremely unlikely, and that the centralization of mining power isn’t the huge problem it has been presented as, this did little to slow the…
Trucoin announces new partnership, expanding service to 38 U.S. states
BybtxadmEarlier this month, long-simmering digital currency-exchange platform Trucoin launched an 8-state beta test of an instant bitcoin-purchasing system. By simply logging in via an existing social media profile and entering credit card information, users could purchase bitcoin in a matter of moments, rather than the days-long payment verification process currently used by brokers like Coinbase….