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Chinese Bitcoin Exchange BTC China has once again begun taking in deposits using its corporate bank account, after the Chinese government shut down their operations back in December 2013. CEO of BTC China, Bobby Lee, acknowledged that his customers can purchase bitcoins by...

New York State top financial regulator Benjamin Lawsky says that for bitcoin to fit into the world, it needs to consist of stricter precautions and safer regulations which must come into effect. The news broke January 28th, day one of the two-day New York Department of Financial...

  CoinTerra has finally begun shipment of their 1st batch of bitcoin mining hardware known as the TerraMiner IV. The new hardware was intended to exceed hash speeds and limitations of what is available on the mining hardware market today. However, the product being shipped...

Yesterday, the Bank of Russia stated concerns that bitcoin users may unintentionally be breaking the law. This philosophy is reminiscent of that found in some Asian and European governments. The bank advises caution and tells the bitcoin community to avoid being prosecuted for...

Following a court appearance, Charlie Shrem has been released from jail. The 24-year old appeared before the US District Court in New York City, and was released soon after. The jail bond was set at $1 million. The BitInstant CEO was arrested on Monday at JFK International...

Users of Litecoin, the silver to Bitcoin’s gold in crypto currency standard, have been able to secure over 100 jobs for Madagascar. Online donations have raised over $10,000 in Litecoin. This money will be used to pay the Madagascans to plant more than 100,000 trees. The Litecoin...

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...

Is BitInstant Over? CEO of BitInstant Charlie Shrem has been arrested over his alleged involvement in a scheme to “sell and launder over $1 million in bitcoins.” This was done through the now infamous black market Silk Road government investigation. The Manhattan US...

KryptoKit Teaming With BitPay KryptoKit is a plugin on Google Chrome’s internet browser, and is a secure bitcoin wallet encrypted measure. They have recently teamed up with Atlanta-based payment processor Bitpay, so that they may implement a ‘two-click’ solution to pay...

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...