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The concept of a brainwallet has been around for a few years. The only thing you need is to remember your passphrase and make sure it’s not written down anywhere.For example wallets like Electrum, Armory and Mycelium create backup mnemonic words seeds. But you need a really strong passphrase. Your…
Greeks run towards Bitcoin as Banks Shut Down The banks have closed their doors on the Grecians as its fate is still stuck in a limbo. Following the potential ‘Grexit’, people are now looking frantically at digital currencies if it is better than Euro. The largest Bitcoin exchange has…
London becoming the Hub for Bitcoin Advancement London is quickly gaining traction in becoming a global hub for development digital currency users that includes premium financial institutions such as Bank of England, UBS, Barclays and Goldman Sachs. All these institutions are looking into using Bitcoins to expedite traditional financial processes.…
Bitcoin Now in the Music Industry Too Bitcoin is sure making a lot of headway recently. The final conviction of Ross Ulbricht, founder of Silk Road, potential exit of Greece from European Union and if Bitcoin is a legitimate currency or not! With so much happening around the digital currency,…
Partnership between Quinone and Econtext Brings Bitcoins to 20,000 Retailers in Japan An epic deal between Quinone, a bitcoin exchange and Econtext, payment network will enable bitcoin to be used as a payment option for 20,000 online and physical retailers in Japan. All the merchants using payment processing service of…
The latest partnership between Tango Card and bitcoin wallet SnapCard, the users will now be able acquire bitcoins through a loyalty program born out of their partnership. Traditional methods soon to be overpowered by the new ones The bitcoin enthusiasts earlier could only acquire bitcoins by either mining that is…
Barclays in conjunction with a start-up is working on how to use underlying technology of bitcoins, BlockChain, in their day to day banking activities. As per Finextra, the bank has joined hands with a Swedish company, Safello, that was also a part of Fintech accelerator program in London to understand…
Ex-secret service agent responsible for bringing Ross Ulbricht, Silk Road mastermind, will plead guilty for allegedly routing thousands of bitcoin dollars worth of money to his own accounts, as revealed by federal court documents. Shaun W. Bridges, cyber crime expert was a part of the team that was responsible for…
As we we covered a while ago how android casinos by bitcoins are on the rise, seems as the digital currency has been used by the gaming sector for some time now and it doesn’t seem as if something is going to stop it. If you are someone who is well acquainted with…
Bitcoin saw a surge of 7% in what one call the longest winning streak in an year and a half! As Greece on the verge of falling out of Euro zone, Greek depositors and speculators have turned their attention to the unregulated digital currency. Greece is being considered for an…
