3 May 2014

Announcing World’s First Bitcoin Job Fair

The world’s first ever Bitcoin job fair is set to launch in Silicon Valley on May 3, 2014, featuring numerous employers and sponsors, both eager to spread the word on the increasingly popular cryptocurrency.The event is scheduled from 1:00 p.m. – 5:00 p.m. (PST) at 440 N. Wolfe Rd. in Sunnyvale, Calif., and will provide an opportunity for job seekers to enter one of the most progressive fields of technology in the twenty-first century.Employers will...

2 May 2014

Money Spinners: New Bitcoin ATM Varieties Appearing

From full exchange machines to one-way dispensers, CoinDesk brings you the latest in bitcoin automated service news from around the world. The past week saw some new brands arriving on the scene, in another sign the bitcoin ATM space is beginning to diversify beyond just a few manufacturers.The ATMs, also known as kiosks or vending machines depending on the jurisdiction, are not only putting more bitcoins into more wallets and eliminating some of...

1 May 2014

Canadian Exchange CaVirtex to Launch Bitcoin ATMs Across Canada

Canadian digital currency exchange CaVirtex has announced plans to relaunch a balance deposit feature and establish a new network of branded ATMs.The company revealed the plans in a 1st May message to customers, outlining a number of future services improvements, which include a new trading API and merchant user interface.CoinDesk spoke with CaVirtex business development manager Reed Holmes, who framed the choice to relaunch the bill deposit option...

Robocoin to Rebrand Bitcoin ATMs as Online Bank Branches

Las Vegas, Nevada-based bitcoin ATM manufacturer Robocoin has announced it will soon launch Robocoin Bank, a new project that will find its physical bitcoin ATMs becoming Robocoin Bank branches that integrate online banking features.Robocoin indicates that Robocoin Bank will incorporate new features such as cryptographic provable reserves, instant bitcoin-to-cash withdrawals and the ability to send cash internationally as part of an effort to build...

30 April 2014

Menufy Integrates Bitcoin

by Tristan Winters on April 30, 2014 { } The site provides online ordering for restaurants across the US. Menufy has integrated with Coinbase. Users can now pay for delivery or takeout orders using Bitcoin.The site boasts close to 400 locations across the US and is constantly adding new locations.Menufy offers an online presence for websites and a platform to increase their takeout and delivery business. For users, Menufy boasts an unparalleled...

CoinMyne – Rethink the Way You Mine

When it comes to mining, most people tend to focus on the hardware: how fast it is and how long until it becomes obsolete. As mining operations get larger and difficulty increases with ever faster hash rates, the ability to manage your operation becomes a more difficult task. Small adjustments to hardware or the ability to quickly switch pools can make a huge difference in profitability. Enter CoinMyne, the creators of the popular CGRemote and CGWatcher...

Bloomberg Now Listing Bitcoin Prices on Financial Terminals

Bloomberg has started providing bitcoin pricing to more than 320,000 subscribers via its Bloomberg Professional service.The service will allow users to monitor and chart data from Coinbase and Kraken. It will also track digital currency news and relevant social media posts from more than 100,000 sources.All users need to do to access the new service is type VCCY<GO> on the Bloomberg Professional service.Bloomberg was rumoured to be working...

29 April 2014

Cyprus Primary School Now Accepts Bitcoin for Student Fees

The Lighthouse Progressive Primary School, located in Limassol, Cyprus, is now accepting bitcoin payments for student fees.Lighthouse offers a holistic educational experience, aimed at children between the ages of five and 12 years old. According to its Facebook profile, the school is “a progressive, bilingual, primary school created by a multidisciplinary team of professionals”.The news that the school would take bitcoin as a form of fee payment...

Mt. Gox Shouldn’t Stay Down…Or Should It?

Mt. Gox’s petition for bankruptcy protection during a proposed reorganization was rejected two weeks ago by a Japanese bankruptcy court. As a result, the beleaguered exchange has been ordered into liquidation. Unless or until CEO Mark Karpeles makes himself available in person to provide a deposition to courts in the United States, the same is likely to be the outcome for the bankruptcy filing by the company’s US subsidiary. In response, a group...

Paying with Bitcoin at the Gas Pump

Bitcoin may be coming to a gas station near you thanks to Andy Schroder’s Bitcoin Fluid Dispenser II. For commodities like oil and gas, this innovation could help streamline the end of the supply chain and in turn, increase the usability of cryptocurrencies. So far, there are a few companies at the forefront of Bitcoin technology in the oil and gas industry. Recently, Texas based oil and gas data company Oilfield Intel LLC announced in March that...

MIT Project to Distribute $500,000 in Bitcoin to Undergraduates

A couple of Massachusetts Institute of Technology (MIT) students have managed to raise $500,000 in bitcoin for a curious cryptocurrency project.The pair intend to distribute the money to every single MIT student this fall: each undergrad will receive $100 in the digital currency.The project was launched by Dan Elitzer, the founder and president of the MIT Bitcoin Club, and Jeremy Rubin, a sophomore studying computer science. Their goal is simple...

28 April 2014

Yelp Officially Announces New Feature for Bitcoin Merchants

San Francisco-based merchant directory provider Yelp has officially announced a new functionality that allows bitcoin-accepting merchants to advertise their acceptance via its platform.Though rumors have circulated since as far back as 10th April, this was the first time that the company confirmed the addition of the new feature.Wrote Yelp in its official blog post:“We’re constantly thinking about how to make our business attributes more useful...

27 April 2014

Ohio Bans Bitcoin for Alcohol Sales

The State of Ohio has effectively banned the use of bitcoin for alcohol sales, becoming the first government in the US to take such explicit action.The decision reportedly came in response to a local journalist’s query to the Ohio Department of Public Safety, after that reporter wrote about the Bitcoin Boulevard US project in Cleveland’s Cedar & Lee district.The query asked if accepting bitcoin could jeopardize local liquor licenses in any way....