Tag Archives: Bitcoin

Pineapple Fund’s $5 Million Bitcoin Donation

Cryptocurrency philanthropy is spreading. The Pineapple Fund, whose founders remain anonymous, has given $5 million worth of bitcoin to the Agoura Hills, Calif.-based Open Medicine Foundation (OMF) over two separate donations. The funds, which were deposited into the nonprofit’s BitPay account and which are reportedly being converted to US dollars, are being directed toward “accelerating much-needed research for myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) and related chronic complex diseases.”

Someone named Pine, from the Pineapple Fund, directed the first $1 million in bitcoin to OMF on Jan. 14. That gift was followed up by a separate $4 million bitcoin donation on Feb. 2. The gift will no doubt go a long way, just as the grateful response from the cryptocurrency community to the original bitcoin gift did.

Reference: https://www.ccn.com/pineapple-funds-5-mil-bitcoin-donation-boosts-medicine-foundation/

UPS to Accept Payment in Bitcoins?

Another shipping company has now joined the global blockchain revolution, this time it’s UPS. According to a filing with the U.S. Patent and Trademark Office (USPTO), the global shipping giant is considering setting up a system of locker banks so that it could take in Bitcoin as payment.

Here’s how it works: As outlined in the USPTO filing document, a seller can leave an item inside a locker (which can be rented) for the buyer to pick up later-on by entering the designated payment, thus completing the transaction.

Reference: https://cryptocurrencynews.com/daily-news/bitcoin-news/ups-payment-bitcoins-locker-banks/

Bitcoin Forums and Communities

BitcoinTalk is a like a noticeboard where people take part in the technical details and the development of Bitcoin software and discuss with each other. Though, people who’ve passion in Bitcoin mining, trading with Bitcoin, and in the budgetary of Bitcoins can participate in this forum.
Visit: https://bitcointalk.org/

Reddit Bitcoin Community
Reddit Bitcoin community is one of the famous social website. A person called Atlas founded this community in September 9th 2010. However, it is the reliable place among several Bitcoin communities in terms of news, community feedback, and updated information about various companies.
Visit: https://www.reddit.com/r/Bitcoin/

CryptoCompare
CryptoCompare is basically founded in November 2014 and released to the public in late July 2015. This platform also provide best information in showing the most accurate live prices, charting and market analysis from the top cryptoexchanges globally.
Visit: https://www.cryptocompare.com/

Cryptocurrency Talk
Another community is most popular which is Cryptocurrency Talk. The major perception is to provide sufficient knowledge with the news, information, and discussions about the cryptocurrencies.
Visit: https://cryptocurrencytalk.com/

Bitcoin to Get Severely Forked in 2018

The fear and build up towards Aug. 1, 2017, and the creation of Bitcoin Cash which forked off the original chain was monumental. However, it was a damp squib for the future of Bitcoin as it actually spiked in value.

Since then, forks on Bitcoin have become almost as common as ICOs, and in fact, forks on the Bitcoin chain look to be the latest trend for 2018 as new companies look to cash in on the familiar Bitcoin name.

Reference: https://cointelegraph.com/news/bitcoin-to-get-severely-forked-in-2018

Government Issued Cryptos to Challenge Bitcoin

Calls for cryptocurrency regulation were a resounding theme at the World Economic Forum in Davos last week.The world’s most prominent financial institutions remain wary of going all in on cryptocurrencies, amid fears of future regulation leading the market to tank.

Governments around the world have signaled their ongoing or imminent intent to legislate and regulate cryptocurrencies around the world, and it seems the largest banking and financial firms are waiting for more clarity before they forge ahead with plans to enter the market.

Reference: https://cointelegraph.com/news/regulated-government-issued-cryptos-to-challenge-bitcoin-in-2018