New York City May Soon Have Its First Bitcoin ATM

William Ling of Brooklyn has invested in a new high-tech Bitcoin ATM, which he plans to have installed in a bubble tea shop in Manhattan’s East Village. This ATM will allow users to view their financial information, as well as withdraw funds. However, unlike traditional ATMs, this one doesn’t actually dispense anything. Instead, it allows users to add and subtract…

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Alibaba Bans Bitcoin Sales via Taobao

Taobao is China’s largest consumer-to-consumers online shopping platform. Similarly to Ebay in the US, consumers are given a great deal of leeway, however, there are strict guidelines in place regarding what can and can not be sold. As of January 14, the sale of bitcoins will be banned on Taobao. Taobao will no longer allow users to post sales for…

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Coinbase Introduces New Merchant Apps

Coinbase is already established as a Bitcoin wallet provider. They recently expanded their services by launching a new merchant app. Their new app will allow merchants to accept Bitcoin payments in-person through their mobile device. This will expand the capabilities of merchants interested in accepting bitcoins in lieu of standard monetary payments. Coinbase is headquartered in San Francisco, and has…

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Bitcoin Further Legitimized by Wall Street

A hedge fund firm in San Francisco has posted a job ad to hire a “junior trader to assist with bitcoin trading, general fund operations, and reporting.” Although this is the first job posting specifically for bitcoins, there are likely to be many more. Wall Street to recognizing crypto-currencies gives them serious legitimacy as an asset. They aren’t viewed as…

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Tippercoin: Bitcoin Tips via Twitter

Tippercoin is a free service that allows Twitter users to send a Bitcoin tip to another Twitter user. Tippercoin accomplishes this safely by verifying your identity via your Twitter profile using Twitter’s API. While this service isn’t exactly new, it is fairly recent. The transfer of bitcoins happens seamlessly. When the transfer is completed you, as well as the recipient…

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Bitcoin ATM’s Coming to Asia

Robocoin is the first bitcoin ATM. It was first introduced in Vancouver back in October when the company first launched. Robocoin machines will be introduced in Hong Kong and Taiwan in January. According to Jordan Kelley, the CEO of Robocoin, “Bitcoin demand in Asia is amazing, we have many Asian countries seeking to enhance consumer capability to buy and sell…

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