Day: July 29, 2014

ZipZap Logo LG WD

ZipZap Reportedly Raises $1.1 Million in Funding No Comments

Financial services company ZipZap has apparently raised $1.1 million worth of funding that will partially be used to grow the company's cash-to-bitcoin service into an even bigger product, CoinDesk reports. The funding was apparently closed back in June, with Brock Pierce;s AngelList syndicate and Blumberg Capital taking part in the investment round. Wells Fargo investment advisory representati...


Canadian Flag LG WD

Old Canadian Finance Dept. Memo Warns of Criminal Attraction to Bitcoin No Comments

A newly-released memorandum dating back to May 2013 (and obtained via the Canadian Access to Intermation Act) originating at the Canadian Finance Department suggests that bitcoin and digital currencies could serve as "an attractive payment method for criminals," The Canadian Press reports. The internal memo was said to have been prepared for now-deceased finance minister Mr. Jim Flaherty, and wh...


Jared Polis TEDx CC

Jared Polis Co-Hosts Bitcoin Demo on Capitol Hill to Educate Lawmakers No Comments

Congressman Jared Polis is no stranger to bitcoin. The democratic Representative from the Second District of Colorado has long stood up for the idea of bitcoin and digital currency, even going to far as to welcoming Robocoin to the nation's capital to show off their bitcoin ATM. Now, Polis is co-hosting an event on Capitol Hill designed to demonstrate the machinations of bitcoin to the country's ...


XBTeller Store Facade Sign

XBTeller Launching Bitcoin ATM and Educational Kiosks in Colorado 1 Comment

There's a new bitcoin-related start-up in Colorado, and they're hoping to start a bitcoin ATM network in America's 38th state, beginning with a location in Aurora, a Tuesday announcement stated. The idea: allow residents of Colorado to easily get bitcoin through the intuitive interface available on the Lamassu units XBTeller is making use of. And if they were just curious about digital currency, ...


CheapAir Logo LG WD

CheapAir.com Announces Winner of 'Free Trip to London' Contest No Comments

CheapAir.com, the online travel agency that began accepting bitcoin before it was the cool thing to do (that's a joke, put your pitch fork away), has made an announcement this morning regarding a recently-held contest. The company recently announced they have exceeded $1.5 million USD worth of sales paid for using bitcoin -- sales which include hotel, Amtrak and airline bookings. The company be...


CAVIRTEX BitAccess ATMs

Canadian Bitcoin Exchange CAVIRTEX Teases Bitcoin ATMs No Comments

See update below. Canadian bitcoin exchange CAVIRTEX took to social media on Tuesday to tease a little something our Canadian bitcoin friends might find exciting. The company is apparently planning to deploy a small network of bitcoin ATMs in Canada. With little other information, the company posted two images on their official Twitter account. The first image depicted a lone unit branded with ...


European Union Flaf LG WD

European Commission Sets Their Sights on Bitcoin Regulation No Comments

It is being reported that the European Commission will be trying to implement strict bitcoin regulatory policies in the near feature, following a recent European Banking Authority warning that aimed to prevent financial institutions in the European Union from dealing directing with bitcoin, either by buying or selling the digital currency until firm regulation is in place. Chantal Hughes, spokes...


ANX Intl Logo Red

ANX Vault App For iOS Enables Send/Receive Functionality No Comments

Now that Apple has taken a softer approach with bitcoin wallet apps on their App Store, cryptocurrency companies are beginning to come forward and get their apps approved. One such app is ANX Vault, by ANX (these are the folks that recently shipped out a batch of bitcoin debit cards). The company says that they have launched sending and receiving functionality on the app -- a feature that's been ...


Joes Store Coinsafe App

Turning a Phone into a Bitcoin ATM? CoinSafe Says They've Got the Solution No Comments

One of the well-recognized downfalls of acquiring bitcoin is, well, it can be difficult. First you must decide how you'll get your hands on it. Bitcoin ATM? Exchange? Brokerage service? In-person? But a new start-up based in Seattle is hoping to change things by allowing business owners to utilize their mobile devices to act as bitcoin ATMs of sorts. Dubbed CoinSafe, the service makes use of a...


Zurich Street lG WD

Bitcoin Suisse AG Becomes VQF, FINMA Member For Operation of Bitcoin ATMs No Comments

Swiss bitcoin services company Bitcoin Suisse AG has announced that they have received membership into recognized Swiss regulatory organizations, giving them the green light to establish a network of bitcoin ATMs, in addition to operate as a licenses financial intermediary and asset manager. The company has become the youngest member of Switzerland's lead and perhaps most well-known self-regulato...


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