Blockchain Blog

Bitcoin News for the week of 2/23/15

Welcome to our weekly Bitcoin news recap, where we cover top headlines and stories in the world of Bitcoin each week. This week’s edition includes a mini coverage recap of the news reporting our exciting milestone of 3 million wallets, which continues to show the speed of Bitcoin’s growth. We are all very excited and can’t wait to see how the future unfolds. Check out this news and more, below.

Blockchain Hits 3 Million Wallets, Fueled By Developing World Demand

Demand for services from digital wallet provider Blockchain has surged over the past six months and much of it has come from the financially troubled parts of the developing world. London-based Blockchain announced Monday that it had passed the milestone of 3 million wallets, having crossed the 2 million mark back in August.

Blockchain hits 3M bitcoin wallets

Blockchain CEO Peter Smith discusses how his digital bitcoin wallet service works on Fox Business news.

Blockchain Reports 3 Millionth Bitcoin Wallet

Wallet software provider Blockchain has opened its three millionth bitcoin wallet, having doubled downloads in less than a year.

Blockchain.info has more than 3 million bitcoin wallets now

More than 3 million bitcoin wallets have been created on Blockchain.info at present, as the backers of the popular cryptocurrency continue to rely on the world’s largest bitcoin wallet provider.

Bitcoin To Take Center Stage At SXSW Festival March 16 In Austin, Texas

Bitcoin will take center stage at the 22nd SXSW Interactive Festival, March 13 to 17 in Austin, Texas, an annual showcase and brainstorming conference for emerging technology. Bitcoin at SXSW 2015 will present a full day of bitcoin-related content on March 16 as part of Startup Village and as an official SXSW event. Speakers at the event include Nicolas Cary, co-founder of Blockchain, Stephen Pair, CEO and co-founder of BitPay and Will O’Brien, CEO and co-founder of BitGo.

Bitcoin revolution could be the next internet, says Bank of England

The Bank of England has unveiled analysis of cryptocurrencies like Bitcoin that suggests electronic money could cause a tectonic shift in the payments industry. The arrival of electronic currencies could revolutionize the way Britons pay for goods and services, in much the same way as the internet shook up how we access information, the Bank of England has said.

T-Mobile Poland Trials Bitcoin Top-Ups for Mobile Customers

T-Mobile Poland customers can now purchase prepaid cellphone credit with bitcoin. The new service, which comes about via a partnership with local bitcoin payment processor InPay S.A., is being rolled out as a three-month trial that aims to see how popular bitcoin payments will be with prepaid telephone users.

Rakuten ‘Probably’ to Accept Bitcoin

Japanese e-commerce giant Rakuten is considering accepting the virtual currency bitcoin as payment, founder and Chief Executive Hiroshi Mikitani said. “We are thinking about it, and we probably will,” Mr. Mikitani said at the Rakuten Financial Conference in Tokyo.

For Bitcoin, Some Good Press, Finally

A consortium of bitcoin insiders, including the Bitcoin Foundation, BitFury, BitGo and Tally Capital, hired avante garde ad agency TheAudience to help build the currency’s reputation among the general public. The goal is pretty standard: highlight bitcoin’s positive aspects – its potential to help the “unbanked,” for instance – and get people to forget about Mt. Gox and Silk Road.

![ID Hack participants delighted about the prospect of cozying up with their Blockchain pillows for an overnight coding session.](http://blog.blockchain.com/content/images/2015/02/ID-Hack-2-1024x768.jpg)
ID Hack participants delighted about the prospect of cozying up with their Blockchain pillows for an overnight coding session.
[Our February Hackathon Roundup: #DevCore & IDHack 2015](http://blog.blockchain.com/2015/02/24/our-february-hackathon-roundup-devcore-idhack-2015/)

We had the chance to participate in two hackathons with themes surrounding international development goals and the challenges faced by Bitcoin Core developers.

Android-based Apple Pay Competitor Will Support Bitcoin

A new secure mobile payment solution for Android will be showcased at the Mobile World Congress, March 2 – 5 in Barcelona, Spain. The new payment app developed by Rivetz and other partners – an Android alternative to Apple Pay with Bitcoin support – will be available in the second quarter of 2015 and is compatible with over 350 million existing Android devices, including Samsung smartphones.

Blockchain API Profile: LibraTax

With tax season quickly approaching, we thought it would be a great idea to feature a relevant API Profile before that deadline slowly creeps up on us all. Jake Benson, CEO and Founder of LibraTax, joined me to talk about presenting Bitcoiners with less complicated options for tax prep.