This week in Bitcoin has proven to be another eventful week, with the new Blockchain Wallet being released to the App Store, our partner Gyft being acquired by First Data, and even famous rapper and tech investor Nas speaking highly of bitcoin.
The good news awaits!
It was a big week for Blockchain.info, as Apple reinstated the Blockchain Wallet this week, which is now available for downloads through the iOS App Store. The wallet comes full of new features and updates, which makes it a necessity for every iPhone carrying-bitcoiner out there.
Blockchain CEO Nic Cary explains to Bloomberg why the company was booted and then reinstated on Apple’s app store. He speaks with Trish Regan on “Street Smart.”
You can now distribute your press releases in the ZeroBlock news feed which has over 10,000 daily active users! ZeroBlock is a real time market data and news feed aggregator that has over 10,000 daily active users on iOS, Android, and web.
First Data, the global leader in payment technology and services solutions, has reached an agreement to acquire Gyft. This partnership will enable Gyft to power forward in the digital gifting space. For nearly twenty years, First Data has provided gift card programs to tens of thousands of merchants and you will soon reap the benefits of their innovation and expanded reach.
“[Bitcoin] will evolve into an industry as big, if not bigger, than the Internet. My man Ben Horowitz really opened my eyes to that point. This isn’t of the Internet age, bitcoin is its own age.” – Nas
Millions of people all over the world support the work of the Wikimedia Foundation through donations. Wikimedia is the nonprofit arm of Wikipedia, and this week, they just started accepting bitcoins for donations, which is yet another milestone in the history of Bitcoin.
On this edition of Coinsider This, Patrick speculates on what is causing the recent dip in bitcoin price. Other topics include BitLicense, the new proposed body of regulations in New York. Also, Blockchain.info has released its Android wallet app, and its iOS app has been restored to the App Store.
Seattle-based company CoinSafe says its new mobile and desktop apps can turn any local business into a ‘bitcoin ATM’, or face-to-face bitcoin exchange. The CoinSafe apps are free to use and allow businesses to trade bitcoins directly with walk-in customers.
When BitPay started in 2011, they saw an opportunity to finally give merchants around the world relief from interchange fees. Now BitPay is proud to announce a new free plan which offers basic payment processing free-of-charge, forever.
Overstock, which began taking bitcoin in January and posted $1 million in sales two months later, is so enamored with the currency that it plans to offer employee bonuses in bitcoin too.
Bitcoin prices slumped a bit last week, but this week have started to rise again reaching $600 USD for a brief moment. Although, the price appears to have stabilized at around $595 USD at the time of this writing. Next week, to the moon (we can dream!).
New York Department of Financial Services Chief Ben Lawsky recently released a draft proposal for a BitLicense that would have to be obtained by any New York firm that processing Bitcoin. Dana Syracuse, whom Selkis also addresses is DFS general counsel.
On the other end of the spectrum, Amir Taaki a skilled programmer and one of the leading minds behind Dark Wallet, took a moment to talk to CoinTelegraph about politics and bitcoin.
A female African blogger known to the Internet as the “Bitcoin Ambassador” to Botswana is using her blog to raise Bitcoin donations in support of a local charity that cares for orphaned and abandoned children.
Payments company PayPal, a subsidiary of auction site eBay, hosted a bitcoin event called PayPal TechXploration on 31st July. The ‘Town Hall’ space at the PayPal offices in San Jose, California, was packed with hundreds of people, many having to stand. The meetup page for the bitcoin event lists over 700 people that had indicated a desire to attend.