Bitcoin News for the week of 2/1/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. This was an exciting week for us here at Blockchain, as we released a major update to our wallet that will help make bitcoin accessible and easier to use for everyone. Also this week, we saw a lot of great information on new changes coming down the road in bitcoin, from technical innovations all the way to new investments and capital. Get all this news and more, in this week’s Blockchain recap.

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Merchant Spotlight – Bitcoin Coffee at Paralelní Polis

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Have you ever paid for your coffee with bitcoin?  
Bitcoin Coffee of Paralelní Polis is a bitcoin-only coffee laboratory serving superior tasting coffee that reflects on the flavor profile and unique character of every variety and the influence of the environment in which the coffee grew.

Blockchain’s initial exposure to Bitcoin Coffee and Paralelní Polis was last October, when our Security Engineer, Kristov Atlas, visited the space to give a presentation on currencies and fungibility.  For Kristov, it was really interesting to see bitcoin so vibrantly in action, and he described the building to be filled with “a very technologically sophisticated and artistic group of people.”

Continue reading for our interview with Jakub Sabata of Paralelní Polis.

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Announcing the New Blockchain Wallet!

The world’s most popular bitcoin wallet is now more secure and easier to use than ever. Starting today, we will begin the process of rolling out a major update to our flagship consumer product.

The New Blockchain Wallet

We’ve been focused on three things to make this the best wallet for you:

#1. A simplified wallet recovery and backup feature to keep users firmly in control of their funds
#2. A new security center to help users take the necessary steps to secure their wallet
#3. The friendliest and simplest user experience of any bitcoin wallet

What happens now?

As an existing user, you can choose the old version, or log into the new wallet at which point you can upgrade. Right now this is voluntary, but eventually everyone will need to switch. All your funds will be safe and sound when you choose to update, and you’ll get a lot of new features including:

  • Custom funds management
  • Dashboard with balance overview
  • Did You Know tips for new users
  • New Activity log
  • Improved transaction feed

For the bitcoin pros out there, our new wallet utilizes a hierarchical deterministic architecture (HD). This is a term used to describe the way a certain type of bitcoin wallet works. In an HD wallet, a single master wallet seed allows for a simplified recovery process. It also improves privacy by generating a new address for every payment request the user makes, all from the same original seed.

While our software does hundreds of thousands of transactions a week, we believe we’re just getting started on our mission. Our goal is to build the bitcoin wallet that people all over the world recommend to their friends and family. Secure, simple, and easy to use.

We will continue to launch additional features that make this product even better. And stay tuned – we’ll be featuring the wallet in future blog posts over the next few weeks!

Bitcoin News for the week of 1/25/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. It’s been another exciting week in bitcoin! This week CoinDesk released their annual State of Bitcoin report, which has some valuable insights into bitcoin and blockchain that we touch on below. We also saw some work toward boosting bitcoin in different ways, and merchant and user adoption shows no signs of slowing, as unique use-cases for bitcoin are ongoing in various regions of the world.

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Merchant Spotlight – 5 Diamond Delicacies

Making a career out of something you love doing may sound like a pipe dream to some — or, at the very least, the exception to the rule.  But whoever coined the phrase “do what you love and the money will follow” may have been on to something.  There’s nothing we enjoy more than sharing stories about our users.  That’s true all year ’round.  But as Valentine’s Day approaches, it seems especially present in our minds.  So, for the next couple weeks, we’ll be sharing stories from users about the people, places, pets, hobbies, and careers they love.

To kick things off, meet Blake Bowdish.  As a young entrepreneur, he’s sharing what makes his career so special and the story behind his passion for truffles, Truffles, and bitcoin.

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Bitcoin News for the week of 1/18/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. We have a special treat this week, as Blockchain co-founder Nic Cary was featured by Ukraine’s largest private bank for a live interview, where he discusses bitcoin and blockchain tech. In other big news, China announced that they want to create their own bitcoin-like digital currency, and yes, bitcoin is still alive and chugging. Read all this news and more, in this week’s Blockchain recap.

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Meet Our Team: Leora, George, and Pedro

Bitcoin adoption continues to surpass expectations. The predictions for 2016 suggest a continuation of positive developments, and startups are building some of the most dynamic, outstanding teams prepared to scale and tackle challenges along the way. This post introduces you to some of our latest team members who are determined to help show the world that bitcoin is nothing short of extraordinary.

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Bitcoin News for the week of 1/11/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. We started the week off right with exciting news from CoinDesk, PayPal, and even some encouraging words from Netflix. Trends continue to show bitcoin adoption worldwide and that bitcoin and blockchain tech are being used by people whom you may least expect. In other news, global markets were down this week including bitcoin, which hopefully should rebound in due time. Read all about this news and more, in our weekly Blockchain recap.

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Bitcoin News for the week of 1/4/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. We started 2016 with a bang, and pundits have been discussing bitcoin and the blockchain and how it has been showing signs of continued growth while the rest of the world markets haven’t started the year out as well. There are a few upcoming events happening this year to get excited about as well, as bitcoin and the blockchain is always evolving. Learn about all this and more in this week’s Blockchain recap below.

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