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BTC Messaging Startup GetGems Bags $400k From Israel’s Magma VC

Bitcoin-driven social messaging startup GetGems has secured US$400,000 is seed funding from Israel's Magma Venture Partners. GetGems is a social messenger service that includes a secure Bitcoin wallet and further rewards users of the messaging service with GEMZ – a cryptocurrency on top of the Bitcoin blockchain. GetGems offers encrypted...
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CES 2015 Showcase of Top Bitcoin Firms – A Bitcoin Milestone

The organizers of the Consumer Electronics Show (CES) 2015 announced recently that bitcoin payment solution provider BitPay and nine other bitcoin companies will be showcased at the January event in Las Vegas. The showcasing of prominent bitcoin brands at CES is another major milestone of acceptance for bitcoin technology. CES is an internationally renowned electronics and...
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Safello CTO Jumps Ship to Join WizSec in Japan

The co-founder and CTO Swedish bitcoin exchange Safello, Emil Oldenburg, has jumped ship to move to Japan and join Bitcoin security specialists WizSec, according to a CoinDesk report. WizSec gained media attention earlier this year when it announced that it had found leads into what happened to the 850,000 missing...
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Online Diamond Retailer Accepts Bitcoin Payment Through BitPay

Online diamond retailer IDiamonds.com will now permit purchase of diamonds and diamond jewelry using Bitcoin in partnership with Bitcoin payment gateway BitPay. .According to IDiamonds CEO Dan Gildoni, exchanging Bitcoin for diamonds is an excellent choice for Bitcoin investors. Gildoni notes, First, as the famous quote says: “Diamonds Are Forever .” They...
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Russians Flock to Bitcoin as Ruble Collapses

Russia is the latest victim of fiat currency collapse. Current Russian fiat to bitcoin value transfer is reminiscent of the Cyprus March 2013 12-day lockdown on money movement - when bitcoin was used to funnel funds out of Cyprus. Similar BTC payments have been flowing out of Russia this week....
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Singapore Inside Bitcoins Conference Scheduled for January 29-30, 2015

MecklerMedia Corporation announced yesterday that its Inside Bitcoins Conference and Expo will be taking place at the Suntec Singapore Convention and Exhibition Centre on January 29-30, 2015. The Singapore Inside Bitcoins event will feature two days of conference sessions, keynotes, and an exhibit hall featuring international cryptocurrency and technology organizations. The conference...
Bitcoin

ESET Cracks TorrentLocker Malware That Ransoms Bitcoin

Internet security firm ESET has analyzed a major ransomware known as TorrentLocker that demands bitcoin from its victims. A ransomware is a malware that restricts access to a computer system and files, and demands a ransom paid to the malware's creators. Originally surfacing in early 2014, the latest variant of the malware...
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Seven Day Bitcoin Market Report as of December 12, 2014

@BTCChina New Seven Day Market Leader All Currencies All Exchanges http://data.bitcoinity.org/markets/volume/7d?c=e&t=a&volume_unit=btc (Sponsored by @OKCoinBTC) The significant data out of data.bitcoinity.org this past week has been the emergence of @BTCChina as the new all currencies all exchanges market leader. With over 38% of the total world bitcoin market @BTCChina not only surpasses...
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Exgate, Bitreserve, CAUFEX Jointly Develop Clearing Service Across Forex, Derivative, Crypto Trading

Exgate, a startup providing digital currency trading systems to the brokerage industry, has partnered with "proof of solvency" bitcoin clearing service Bitreserve and commodities and derivatives exchange JSC Caufex to offer a real-time clearing and settling service. The three companies are partnering to expand their combined technologies and clearing capabilities...
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