Brazillian Bitcoiner will attempt to place the BTC flag at the Everest summit; the 50th Bitcoin obituary has been recorded in the press; Koinify teams up with Clef for a new form of secure 2FA and other top stories for March 23.
Brazillian Bitcoiner to place Bitcoin flag at Everest
A Brazillian Bitcoin enthusiast getting ready to make an attempt on Everest will be carrying a Bitcoin flag to the mountain's basecamp at an elevation of 5,000 meters. Allex Ferreira has been paying for his trip expenses using a Bitcoin funded debit card.
“A member from the Bitcoin Brazilian Community is climbing Everest and, if he succeeds, will put a Bitcoin flag almost on the top of the Earth's highest mountain. The current news is that Allex Ferreira (the mentioned member of BR community) will arrive to the Everest Base Camp in about 4 days.”
Bitcoin Obituaries records 50th media death sentence for the cryptocurrency
Bitcoin Obituaries is dedicated to recording the times when media outlets and pundits have called time on Bitcoin, and predicted its demise. Now hitting number 50, the most recent “end of bitcoin” story revolves around the loss of US$ 12 million in the Evolution exit scam.
“‘I think they will start breaking toes’: Evolution Marketplace goes down in massive Bitcoin heist. Another multi-million dollar Bitcoin heist could be the nail in the coffin for the troubled cryptocurrency.”
Antonopolous launches new start-up, Third Key Solutions
Setting the rumor mill in motion, Bitcoin evangelist Andreas Antonopoulos has revealed the name of his new start-up through his Twitter account. Releasing no further details as of yet, Antonopoulos has instead simply issued a launch date of 31 March and the promise of more information about Third Key Solutions soon.
Director of the US Mint takes to Reddit for an AMA
Ed Moy the 38th Director of the US Mint, and self proclaimed Bitcoin Advocate, has taken to Reddit to complete an AMA session. During the question and answer session, Moy explains his support for Bitcoin as a free-market alternative to the state's control on money.
“[Bitcoin] is a free market alternative to the government monopoly on money. Bitcoin's value will go up or down based on whether the market thinks it's valuable, not because of government fiat. It is also relatively low right now and the number of transactions is increasing every day.”
BitReserve adds data visualization tool for their global flow of funds
BitReserve has launched a data visualization micro-site called ChangeMoney.org allowing users to drill into their fund holding and exchange data from around the world. The data reveals BitReserve holds over US$1.3 million user funds in BTC.
“Changemoney.org provides a clear visualization of where Bitreserve members are located, which bitcurrencies they’re holding and where our members are sending it. This real-time and historic tool to visualize digital money transfers is in line with what we believe to be the tenets of digital currency— inclusion, fairness and transparency.”
Koinify collaborate with Clef for secure 2FA
Crowd funding platform Koinify has teamed up with security specialists Clef to integrate the new form of two factor authentication into the Koinify website. Expanding Clef's interaction with the digital currency sector, the deal aims to bring greater security for Koinify users.
“I’ve personally gotten tired of having to type in a 6-digit random number, sometimes I would mess it up, etc. Clef provided a new and innovative way for users to securely verify their withdrawals, and our users’ feedback has been nothing but great. People seem to really like this new style of verification.”
One Hour Essays Accepting Bitcoin Payments
One Hour Essays has announced it will be accepting bitcoin for payments. The online service can write your essay up to 1,000 words for the price of US$100. It doesn’t even matter which topic it should be about, as they can cover pretty much anything you need. In fact, they even go as far as offering their customers a guaranteed B+ or else you get a 25% discount on the essay price.
One Hour Essays guarantees customers the work will be completed within one hour of receiving the payment – in Bitcoin or via Paypal. The team consists of multiple [read: eight] professional writers, who are instantly notified whenever a new job has been accepted. Whoever jumps on the task first will be given one hour to send the finalized version to the customer.
NewNote Financial acquires CoinTrader.net for US$1.2 million
CoinTrader, the second largest Canadian Bitcoin exchange by volume, has been purchased by NewNote Financial for US$1.2 million in a mix of cash and stock. CoinTrader also has Bitcoin ATMs in London and Tokyo which will also fall under NewNote's control.
“This transaction positions Newnote as the de-facto leader in the crypto-currency space in Canada. Cointrader.net, CoinZero and the ATM network offer our shareholders direct exposure to the primary revenue generators in the digital currency space; it is our mission to deliver on our promise to offer the most innovative products and services available.”
Tutanota an open source encrypted email service leaves beta
The Germany based open source encrypted email service Tutanota has announced it will be leaving its beta status behind this week. Following a year of development, the company now offers 1GB of free storage for users of the encrypted email service.
“We have put our systems through an extensive beta phase and we are confident that no security issues remain in the code. That’s why we have decided to leave our beta status exactly one year after our first release. We are backed by a thriving open source community, who have translated our service into 20 languages already.”
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