Our Android users in Europe can now buy bitcoin

When we announced that iOS users in Europe could buy bitcoin, we promised that it wouldn’t be long before Android users would see the same features and functionalities.

Delivering on that promise, we’re happy to announce that Android users in Europe can now buy bitcoin from within their Blockchain wallets with the same Blockchain-Coinify integration available to web and iOS users.

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More Rocket Fuel: Announcing Our Series B with Lakestar and GV

Dark blue rocket taking off with Blockchain's logo stacked.When Blockchain started out as an open source project, we set out to build tools that would make it easy for anyone to use digital currencies. We still pursue this goal everyday.

I’m extremely proud and humbled by the progress we’ve made – millions of active users around the world, exchange partnerships in 34 countries, billions in monthly consumer volume, and an API platform used by some of the biggest companies in our field.

Today, I’m excited to announce that we’ve raised a Series B of $40 million with Lakestar and GV (formerly Google Ventures) with additional participation from Nokota Management and Digital Currency Group. Our existing investors – Lightspeed Venture Partners, Mosaic Ventures, Prudence Holdings, Virgin, and Sir Richard Branson (Virgin Group) – also participated in the round. Their continued support is an honor.

Our Series B represents the most substantial investment in the fintech space since Brexit and is the largest Series B raised by any digital currency company to date. This brings our total capital raised to over $70 million and we’re thrilled to welcome some of the most well-respected investors in the world to the Blockchain family.

Our mission “to create an open, accessible, and fair financial future for billions across the globe, one piece of software at a time” is a lofty one. This capital moves us one step closer to delivering on that mission and will ensure we can take a very long-term view.

As the market leader, you can expect us to make big, bold bets in research and development as well as further our expansion efforts globally. You can also expect new products aimed at allowing anyone to transact, save, or hedge digital assets with greater speed, efficiency and control.

Innovating, disrupting, revolutionizing a century old industry takes time. We’ve made significant strides, but we’re just getting started. Thank you for joining us on the very first part of our journey to the moon – rest assured we have the rocket fuel to get there!

Sincerely,
Peter & the Blockchain Team

Improving Our Fee Recommendations

At Blockchain, we strive to make digital currency safe and easy for everyone to use. Part of that goal is providing effective miners’ fee recommendations for every transaction our users make. Bitcoin has recently reached its peak capacity, with a consistent queue of tens of megabytes of transactions waiting to be confirmed. As bitcoin interest and activity continues to grow (and we can expect this trend to continue), we’ve made two important changes to our wallet:

  • The introduction of a new fee recommendation algorithm aimed at being more reactive to changing network conditions and providing a better, more consistent experience for our users.
  • A new ‘Priority’ option which aims to have your transaction included in a block within 60 minutes. This feature is currently available via our Web and Android wallets and will be included in our upcoming iOS release; available the week of June 19th.

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Celebrate bitcoin’s milestones on these holidays

Bitcoin has already begun to radically change how people transact. Wondering how we got to where we are today? Here are a list of bitcoin’s milestones to date that have helped define the ecosystem and build a new financial future for millions across the globe.

Multiple balloons tied to a suitcase. Each balloon has a symbol representing one of the bitcoin holidays covered in the post.

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Buying bitcoin is now available for Blockchain wallets on iOS

Late last year, we announced a partnership with Coinify that allowed our users in Europe to, for the first time ever, seamlessly and expediently buy bitcoin from within their Blockchain wallets without compromising user security or control. This partnership was aimed at making our wallet infinitely more user friendly and, ultimately, more accessible for the mass market. Today we take the next step in delivering greater accessibility.

Our team is excited to announce that iOS users in Europe are now able to buy bitcoin from within their Blockchain wallets using the same seamless and user friendly Blockchain-Coinify integration available to web users.

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Meet our Team: May 2017

Can you believe it’s nearly summer already? Between the rising trends for global adoption and all the stellar price movement, 2017 has been a record-setting year so far for bitcoin. Joining us on this epic journey are three new Blockchain team members that we can’t wait for you to meet!

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Bitcoin news roundup: May 7 2017

Thanks for joining us for this edition of our bitcoin news roundup, where we’ve got headlines on the bitcoin price’s record number of all-time highs, the SEC’s decision to reconsider the Winklevoss ETF, and lightning network developments from peer-to-peer content platform Yours. Read on to find out more!

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The recent phishing trend and wallet authorization basics

Recently, a phishing trend that’s attempting to mimic our wallet authorization emails has been making the rounds. To help users distinguish between what’s legitimate and what’s not, this post will serve as a primer on wallet login attempts, how the process works, and how to outsmart phishers.

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