Middle East’s ‘First Bitcoin ATM’ to Launch in Tel Aviv

The Middle East region now has its first two-way capable bitcoin ATM after Wednesday evening’s launch of a new Robocoin machine, or ‘branch’, at a fashionable Tel Aviv Hotel.This gives Israeli residents and visitors a new option to enter the bitcoin economy, rather than going through one of the online exchanges, which meant bank transfers, or buying face to face.ATMs and bitcoin vending machines are also aimed at exchanging smaller amounts of fiat...

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Bitcoin Pay-Per-Character Publishing Platform Gathers Momentum

Bitcoin Megaphone, the world’s first Bitcoin-powered pay-per-character publishing platform, is poised to enter its third consecutive month with increased traffic and high user engagement.Bitcoin Megaphone was created as a side project by Mike Solomon in March of 2014. Mike Solomon lives in New York where he works as Digital Director for Glamour Magazine at Condé Nast Publications. Condé Nast Publications is in no way affiliated with Bitcoin Megaphone.Since...

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Bitcoin Coming to the Hester Street Fair

What was once the location of New York City’s largest pushcart market at the turn of the century has become one of the most popular street markets on the Lower East Side, known as the Hester Street Fair. In earlier times, the fair started out as a highly curated outdoor market and was the best place to get one-of-a-kind goods and specialty foods in all of New York City. Fast forward to today, and the Hester Street Fair offers everything from handmade...

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Bitcoin Mining Manufacturer HashFast Enters Chapter 11 Bankruptcy

Bitcoin mining hardware manufacturer HashFast has formally entered Chapter 11 bankruptcy following a court ruling.The US bankruptcy court granted the company’s request on 7th June after it filed for bankruptcy protection two days earlier.The move closes a turbulent chapter in HashFast’s history, nearly a month after laying off half of its workforce and publicly denying that it was filing for bankruptcy.According to a 10th June blog post, the company...

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Ripple Labs Joins Mainstream NACHA Financial Industry Alliance

Ripple Labs announced yesterday it has joined the NACHA Payments Innovation Alliance – a move it says will increase its influence within the financial and payments industry, as well as help promote new technologies in the space.NACHA, previously the National Automated Clearing House Association, is a not-for-profit industry body of financial institutions that serves as trustee for the Automated Clearing House (ACH) network, the backbone for electronic...

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Blockchain’s SharedCoin Users Can Be Identified, Says Security Expert

Bitcoin users in need of serious transaction privacy should avoid popular services like Blockchain.info’s SharedCoin and other CoinJoin implementations, according to a well-known security expert.Consultant Kristov Atlas, author of the book Anonymous Bitcoin, published a security advisory today saying weaknesses in SharedCoin offered privacy only from “unskilled examiners of the bitcoin blockchain” – and even then, only until more sophisticated analysis...

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