Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day

It wasn’t just regular consumers who were able to benefit from the much-anticipated Amazon Prime Day. Purse.io, the escrow service that connects users with bitcoin to users with Amazon gift cards, saw a significant amount of growth leading up to the big day. “We had the highest number of new users in a single week,” Andrew Lee, CEO of Purse, said in an interview with Bitcoin Magazine. There were a total of 2,145 new users during the week. However, the people weren’t just signing up and then forgetting about the website. Instead, they were actively participating on the site, purchasing goods. What surprised the team, though, was that it wasn’t just prime purchases that people were making. “There was a […]

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Bitcoin’s Largest Publicly Traded Company Bridges Gaps to the Banking Industry

As Bitcoin usage grows worldwide and attracts the attention of more governments and regulators, the complexities of ensuring compliance across different jurisdictions become greater and greater. Many quickly growing Bitcoin startups struggle with this issue and lack the knowledge base to ensure that compliance is sufficient. Taking it a step further, even if local regulations in an area are relatively lax, operating a financial services business without a bank account can prove tremendously difficult. And due to the fact that Bitcoin businesses are considered high risk and banks operate very conservatively, obtaining a local banking partner can be very difficult. “If we look at what’s going on the U.K., the country is very laissez-faire with regulation, but the banks won’t […]

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London Mayoral Candidate Wants to Track £17 Billion City Budget in Real Time on the Blockchain

Felix Online, the student magazine of Imperial College London, has published an interview with the Respect Party candidate for mayor of London, George Galloway. The Respect Party is a left-wing U.K. political party founded in 2004 as an offspring of the Stop the War Coalition, opposing the Iraq War. The Party has been compared to “anti-establishment” political parties such as Syriza in Greece and Podemos in Spain. Galloway, a controversial politician who appeared in the Big Brother reality show in 2004, joined the Respect Party after having been expelled from the Labour Party. The Felix Online interview covers many topics of interest to London residents. Galloway is determined to “run Uber out of town” and formulates radical proposals for solving […]

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Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain

Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, director of technology and civic innovation at Microsoft. They led discussions on using the blockchain for fraud-free voting, storage of identities, response to natural disasters and a public ledger of properties such as land. Other speakers, including Chelsea Barabas, Ann Sim, Ryan Shea and Peter Kirby, focused on introducing the blockchain’s capability to decrease the amount of money spent annually on identity theft and records. Civic Infrastructure Sim, from international design and consulting firm IDEO, introduced the idea of frictionless transfer, […]

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The Faces of Health Care: Timothy S.

What has health reform meant to this country? That’s a question that millions of Americans answer every day. Timothy is one of them. Read more of their stories here.

“[The Affordable Care Act] literally saved my life.”

Before the Affordable Care Act (ACA), Timothy S. from Saint Paul, Minnesota was forced to drop his health insurance because it was too expensive — and “essentially worthless.”

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Bail-Ins at “Bad Bank” Unconstitutional Says Austrian Court

– Austrian decision to renege on guarantees made to junior bondholders overturned – Court does not overrule bail-ins per se – Bail-in legislation still in place across Europe – EU deadline to implement bail-in legislation by end of this month – Depositors – savers and capital of SMEs exposed to bail-ins An attempt by Austria […]

The post Bail-Ins at “Bad Bank” Unconstitutional Says Austrian Court appeared first on GoldCore Gold Bullion Dealer.


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James Taylor Endorses Marco Rubio for President

“I believe if you look seriously at the candidate with solid executable plans for the future of America, the choice is clear, it’s Marco Rubio. He is the leader that can carry us into the future and the future can be even brighter than the past with his leadership. I’m proud to endorse Senator Rubio and…

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