To avoid his staff from “cringing at him when reddcoin explodes in value.”, business owner bravenewcoin on reddit today announced that he is paying his staff entirely in Reddcoin for one week. To do so, the owner purchased 8.5 BTC of the cryptocurrency. They all did their research and agreed they can afford it/risk it. As owner of a mining farm and cryptocurrency tracking ...
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BitPay hires former Visa exec, Tim Byun
Bitcoin payment processor BitPay is growing fast, now with over 40 employees worldwide. The latest to join their team is Tim Byun, who comes from a rather big name in the world of making payments, Visa Inc. Byun has formerly held a position at the Federal Reserve Bank of San Francisco, as well as holding the role as Visa’s head of ...
Read More »Honorcoin announces Anonymity Airdrop, mixing system based on CoinJoin
The team behind Honorcoin has announced via Reddit their plan to deliver anonymity once and for all. The project is titled Anonymity Airdrop, and promises to be a major change for all cryptocurrencies. We have developed a thin wallet that connects to Nodes using a mixing system based in CoinJoin. This system will be entirely open source and we will publish a guide on how to ...
Read More »Myriadcoin announce Multi-Algo Merged Mining Auto-Exchanging Multi-Pool
After a recent string of news such as the release of an Electrum based wallet and upcoming SMS wallets, Myriadcoin have announced the upcoming release of a merged mining multi-pool. The official name ‘Multi-Algo Merged Mining Auto-Exchanging Multi-Pool’ (abbreviated to MAMM[AE]MP) is quite a mouthful but if you look a little closer you will understand how cool the idea actually ...
Read More »Myriadcoin announce SMS wallet is working in closed beta testing
Myriadcoin have tonight taken to Reddit to show off a screenshot of a new SMS-based wallet for the coin. This news comes soon after they announced an Electrum-based desktop wallet earlier this week. The implications for an SMS-based wallet are rather huge, as it means anybody who is capable of sending a text message on their phone will be able ...
Read More »CryptoAltex Exchange is closing down
Online coin exchange website CryptoAltex has today announced it will be closing down completely in the near future. A lack of volume appears to be the main reasoning behind the decision. Earlier today, CryptoAltex team member ‘Chiznitz’, wrote on the site: CryptoALTeX will be shutting down soon. The volume and interest has not been enough to justify the time spent ...
Read More »Several of NYC’s Hester Street Fair vendors now accepting BitCoin with BitPay
It has been announced today that many of the vendors at the Hester Street Fair on New York City are now accepting Bitcoin using BitPay’s payment system. Based in the Lower East Side of New York City, the outdoor marketplace now allows you to buy a range of items with BTC; from ice cream and sandwiches, to notebooks and jewellery. ...
Read More »Myriadcoin gets an Electrum-based wallet
The Myriadcoin team has announced the availability of a beta wallet release for Myriadcoin based upon the Electrum Bitcoin wallet. This new wallet is great for speed and ease-of-use, as it syncs immediately by not having to download any blockchain information (much like a MultiBit-based wallet). It also has a rather cool “lite” option, which hides everything except the most ...
Read More »Groestlcoin: Moving to PoW + PoS, anonymous GroestlSend feature and… a topless model
Groestlcoin (GRS) has announced that after many requests from their community, the coin will be changed to run on a hybrid Proof-of-Work (PoW) and Proof-of-Stake(PoS) from early July. This will be a split of 70% mining on PoW with the other 30% coming from PoS. The total coins ever to be released will remain at the same level, but a ...
Read More »Cinni announce encrypted messaging system
Cinni have announced that they will be releasing an update in ten to fourteen days that implements an encrypted messaging system within the wallet. Anonymity is a hot topic right now in the cryptocurrency world and the announcement is set to create a lot of buzz. Included in this release are essential tools to conduct secure encrypted point of sale ...
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