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Bitcoiniacs Vancouver ATM Following up on our article, World’s First Bitcoin ATM Faces Trouble in Vancouver, Coinreport interviewed Bitcoiniacs’ Co-founder Mitchell Demeter to fully understand what the problem with Bitstamp was. Currently, the ATM in Vancouver is operating...

Vancouver Canada’s first Bitcoin ATM that was installed in Waves Coffee Shop has shut down the buying option. Due to the fact that there has been an extensive delay in processing the bitcoins at Bitstamp, Bitconiac had to close the buying feature. Bitcoiniac had installed the...

Bitcoin politics may sound like an oxymoron since Bitcoin is a decentralized form of currency with no governmental involvement. However, politicians in the U.S may prove that if used wisely, Bitcoin can benefit any political campaign. In the 23rd state of America, Maine, two...

Microsoft has approved a recent update to Kraken app on the Windows 8 phone that allows the app to have bitcoin trading. This is an unofficial app of Kraken which is a digital currency exchange based in the United States of America. Initially, the app only had the option of...

What is Bitcoin? Bitcoin is a digital peer-to-peer currency that can be used in various electronic transactions. The main concept behind Bitcoin is not that difficult to understand, however, it can be challenging to explain what Bitcoin really is. I want you to close your eyes...

Have a couple of bitcoins on hand and looking for a lovely vacation spot? Look no further. You can now own luxurious apartments in Northern Cyprus by paying in bitcoins. Property developer, Kensington Development Group, is the one who is starting this project. Bitcoin Resort is...

To reject, or not to reject. That seems to be the question on everyone’s mind as of late. About what? Bitcoin of course! Its demand and popularity is only on the rise since it was first introduced in 2009. As such, Scandinavian governments are beginning to decide on what to do...

It has been announced that European city Prague will be installing RoboCoin ATMs. The unique thing about this ATM is that unlike other Bitcoin operators, this allows one to sell bitcoins and also purchase them. This is pretty useful if you have a couple of coins on hand and wish...

In an interview with a CNBC’s news reporter, Jamie Dimon, the CEO of JP Morgan believes that the Bitcoin frenzy will eventually die out. Due to the fact that bitcoin does not have government involvement, Dimon does not see it lasting. He says, “It doesn’t have the...

A Bitcoin focused investment fund, CoinSeed, has purchased the biggest single sale in Bitcoin mining hardware. The hardware known as, Bitfury 55nm Asic, was purchasedfor $5 million. It is a step in making a large mining network. Merlin Kauffman, Harvard Business School graduate...