It is not often we can take the time to educate people on some of the core Bitcoin terminologies, but some misconceptions need to be addressed sooner rather than later. The recent issues affecting the Blockchain.info wallet and website are causing many people to believe there is something wrong with the Bitcoin blockchain, although they are two different matters entirely.
Multiple companies are focusing their efforts on bringing mobile Bitcoin payments to the masses. Not only established developers but also aspiring Bitcoin enthusiasts are putting their time into creating these solutions. Bitholla is a direct result of this desire to make Bitcoin a global form of currency, especially now that mobile payments are on the rise.
Every once in a while, the Bitcoin ecosystem is faced with a major curveball that no one saw coming. One of the most popular Bitcoin wallet solutions, called Hive Wallet is no longer being developed or maintained. To be more precise, there hasn’t been much growth going on over the past year or so, according to the developer. All Hive Wallet users are advised to do, is to move over funds to a different Bitcoin wallet solution, such as Mycelium or Breadwallet.
A large part of the Bitcoin community is relying on blockchain services provided by popular platforms. Regardless of whether they are consumers or developers, blockchain technology is meant to be accessible to anyone, at any time, on any device. Blockchain.info is one of the most popular resources for their API and wallet service, but recent downtime issues have many Bitcoin enthusiasts looking for viable alternatives.
Despite most of the recent Bitcoin news being primarily dominated by BitLicense regulatory woes and tribulations, there is some other news to report as well. Unfortunately, not all of that news is positive, as online Bitcoin wallet provider 37Coins has shut its doors for good. Traditional issues, such as funding and overseas issues, are the alleged causes for this decision.
37Coins: Text Messaging To Transfer Funds Not As Lucrative As Expected
Making a third-party Bitcoin wallet service stand out among all of the other options is not an easy feat these days. Most Bitcoin users will stick to a select circle of preferred applications, whether it is on mobile or on computer. 37Coins had a great solution to tackle this problem head-on though: a hybrid system of text messaging and Bitcoin transfers.
More and more Bitcoin wallet providers are starting to explore the possibilities of launching mobile buy-and-sell functionality within their application. In the case of Bitcoin wallet provider Airbitz, the customer is not necessarily tied to using one specific Bitcoin exchange for buying and selling goods. For the time being, this feature will only be available to US customers, but the company hopes to expand the service on an international scale relatively soon.
Bitcoin wallets for mobile devices are easy to come by these days, due to the vast catalog of available options. And more and more developers and companies are releasing their own mobile Bitcoin wallets on a regular basis. But there are only a handful of truly popular mobile Bitcoin wallets, and AirBitz is one of them. With a recent cash injection worth US$450,000; the future’s looking bright for AirBitz.
Making Bitcoin more usable for the everyday consumer is a difficult hurdle to overcome. Not just because it is hard to get Bitcoin into the hands of people in a convenient way, but also because there are not enough “real life” use cases at this time. BitMD is looking to change that, by allowing clinics to accept Bitcoin payments.
BitMD – POS Terminals, Bitcoin Wallet Software, and Teller Machines
The name BitMD is relatively unknown in the world of Bitcoin and digital currency. However, that may not be the case for much longer, as the company has unveiled their ambitious plans to allow for patient payments in Bitcoin at clinics. In order to do so, BitMD will be combining all of their services to bring over-the-counter Bitcoin payments to medical payments.
The world of Bitcoin and digital currency has been plagued by scams, hacks, and more recently, malware and ransomware. Malicious individuals have managed to create a piece of ransomware which encrypts all of your files, and will only decrypt after paying with Bitcoin. Thankfully, those days are gradually moving behind us. That being said, there is a new piece of malware hitting the streets, which will go after any and all digital currency wallet(s) you have running on your computer.
Popular iOS Game SaruTobi has had a colored history ever since its inception a few years ago. By letting players earn “Bitcoin” while playing the game, there has been quite some controversy surrounding this mobile game. In fact, it had even been pulled from Apple’s App Store not that long ago. Once the game was restored, the SaruTobi developers have been working hard on making necessary changes to the game.