The National Bank of Ukraine is to consider the legal status and regulation of digital currencies such as Bitcoin by the end of August 2017. The Central Bank has issued a press release confirming that the issue of regulating digital currencies will be considered at the next meeting of its Financial Stability Board, to be held by the end of…
Mobile phone operator T-Mobile has begun accepting Bitcoin payments for pay-as-you-go phone top-ups in Poland. T-Mobile, one of Poland’s leading mobile phone operators, has begun a 3 month trial offering the virtual currency Bitcoin as an alternate payment option in partnership with Polish payments processor InPay. To help launch this new payment option, T-Mobile is…
The increasingly popular virtual currency can now be chosen by users to add funds to their Microsoft accounts to pay for services such as games and videos on XBox games consoles, Windows phone apps and services, or to purchase Microsoft’s software. Rather than making an official announcement, Microsoft added a page to its customer support…
Dell, the third largest PC seller in the world with an annual revenue of around $57 billion, has announced that it will accept Bitcoin payments. Users will now be able to pay for purchases made online from Dell.com, through a partnership with Bitcoin exchange company, Coinbase. Dell’s website advises: “Why is Dell accepting bitcoin? Bitcoin…
Expedia, one of the world’s largest online travel agencies, has announced that they will begin accepting Bitcoin payment transactions. It will limit the payments to hotel bookings initially and will only be available to those using the US version of their online store during its trial of the new payment service. Bitcoin payments are already…
A Bitcoin ATM has been opened in Israel. The ATM was opened on the 30 March at the “Bitcoin emBassy”, a non-profit group based in Tel Aviv. The new machine, operated by the Bits of Gold company, enables users to purchase Bitcoin credits in exchange for cash. “I am proud that the embassy has made…
Following the recent closure of bitcoin exchange Mt Gox, another bitcoin exchange company has been attacked by hackers. On March 3rd, Canada-based bitcoin exchange Flexcoin closed down after flaws in its software were discovered. A statement from Flexcoin’s website advises that the exchange was attached by hackers and 896 bitcoins were stolen, worth around US…
The troubled Bitcoin exchange MT Gox yesterday filed for bankruptcy. A statement issued by Mark Karpeles, Mt Gox’s Representative Director, confirms that the company’s total current liabilities value is almost double that of their assets. “As of now, the liabilities of MtGox Co., Ltd exceed its assets and its financial situation is as follows: Total…
Mt Gox, one of the biggest Bitcoin exchanges, has gone offline. It has reportedly suffered a cyber attack which led to Mt Gox stopping Bitcoin transfers to external addresses on 7 February 2014. A loophole was discovered by thieves enabling them to trick the transaction process into sending double the correct number of Bitcoins. It is…
BTCChina, China’s biggest Bitcoin exchange, has stopped accepting deposits in Chinese yuan. According to the company, the People’s Bank of China has spoken to a number of payment processors in China asking them to stop trading with Bitcoin exchanges by January 1, 2014. The BTCChina website posted the following note yesterday: “Dear BTC China users:…