Bitpay announces sponsorship of college football bowl game

Bitpay announces sponsorship of college football bowl game

Jun 19, 2014

Merchant bitcoin payments processor BitPay has announced that it will sponsor the St. Petersburg Bowl, an annual college postseason football game sanctioned by the National Collegiate Athletic Association (NCAA), through 2016.     ESPN Events and the Bitcoin payment processor BitPay have reached an agreement for BitPay to sponsor the St. Petersburg...

Bitcoin price slumping again; ‘51% hash power’ threshold reached

Bitcoin price slumping again; ‘51% hash power’ threshold reached

Jun 16, 2014

After hitting a peak of exchange prices around $670 in recent weeks, Bitcoin value has begun to decline again. Experts and analysts are citing two primary reasons:   In January, there was worry in the bitcoin community regarding GHash, a mining pool. It controlled a rising share of the total bitcoin computational power used to mine the cryptocurrency —...

Apple hints it may start allowing Bitcoin apps

Apple tossed a bone to the world’s bitcoin services this week. But not all of them are reaching for it. At its Worldwide Developer Conference on Monday, Apple seemed to make nice with the world’s most popular digital currency, hinting that it may allow bitcoin wallet apps back onto the iPhone and the iPad, and several outfits say they plan on resubmitting their...

DISH becomes world’s largest company to accept Bitcoin

DISH becomes world’s largest company to accept Bitcoin

May 29, 2014

US satellite service provider DISH Network has announced that it will start accepting bitcoin payments later this year. The Colorado-based company is one of the biggest content providers in America, with more than 14 million pay-TV subscribers. DISH plans to start accepting bitcoin payments in the third quarter of 2014, but it has not yet revealed an exact...

Bitcoin a threat to payment processors, not overall banking system, U.S. Federal Advisory Council says

Bitcoin a threat to payment processors, not overall banking system, U.S. Federal Advisory Council says

May 19, 2014

The Federal Advisory Council, which consists of 12 representatives of the banking industry and advises the Board of Governors of the Federal Reserve System, has been talking about Bitcoin. The question “Does Bitcoin pose a threat to the banking system, economic activity, or financial stability?” was asked and the main concerns were mainly about banking,...

‘Bitcoin Decoded’ co-author featured on TV special report

‘Bitcoin Decoded’ co-author featured on TV special report

May 19, 2014

“Bitcoin Decoded” co-author Tom Mitsoff was recently featured on a special report on the evolution of Bitcoin by KYTX CBS 19 TV in Tyler, Texas. Mitsoff was interviewed for the two-part feature by Justin Earley, KYTX-TV news co-anchor. Here is part one of the report: And here is part...