Bitcoin Stories February 5

US & UK banks ban Bitcoin credit card purchases, fearing it could all end in tears

Update: Bitcoin has fallen a further 10% in just one day. It is now trading at $7,289 against a peak of almost $20,000.

A growing number of banks in the USA and UK are banning the use of credit cards to purchase Bitcoin over fears that this could end in trouble for customers and banks alike …

Bitcoin Stories January 31

If you’re curious about the Bitcoin craze but haven’t jumped in yet, Square Cash has made it super simple to buy and sell Bitcoin from your iPhone. Square CEO Jack Dorsey says Cash added Bitcoin trading because the company sees Bitcoin “as a long-term path towards greater financial access for all.”

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Bitcoin Stories December 21, 2017

When you think of a cryptocurrency mining rig, it’s easy to associate it with large rigs featuring multiple GPUs in some type of air-cooled room. While that may be true, not every cryptocurrency needs hulking GPUs and rigs designed specifically with mining in mind. In fact, thanks to a handy app called MobileMiner, it’s even possible to mine certain cryptocurrency from a device as diminutive as the iPhone in your pocket. expand full story

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Bitcoin Stories December 7, 2017

Bitcoin has been surging at an unprecedented pace over the last few days, starting the week at just under $10,000 and rocketing to over $18,000 for a brief period today. Now, in conjunction with the crytpocurrency’s rise, popular Bitcoin wallet Coinbase has become the most dowloaded app in the United States…

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Bitcoin Stories June 16, 2014

Bitcoin wallet apps returning to the App Store after Apple relaxes rules on virtual currency

After an App Store guideline change earlier this month, it seems that Bitcoin wallet apps are once again welcome on the platform, as noticed by Coindesk. The updated rules said that Apple would allow virtual currency apps if they do not violate any federal laws. Apps like eGift and are now available for download in the App Store.

Albeit merely a wrapper around a web app, Coin Pocket does indeed enable the exchange of Bitcoin from within the app itself. This would have not passed Apple approval just a few weeks prior, as Apple’s previous stance did not allow any app that allowed transfers to take place.

Bitcoin Stories February 6, 2014

Blockchain, the most popular Bitcoin wallet app, has become the latest casualty of Apple’s apparent crackdown on Bitcoin apps. The app was removed from the App Store yesterday without explanation.

Apple had previously removed BitPak and Coinbase, leaving Blockchain the only remaining Bitcoin wallet app. Blockchain had been in the store since April 2012, and has around 120,000 users, and developer Nicolas Cary is accusing Apple of having an ulterior motive for its removal …  expand full story

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