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BitPay: "When We Say Big Things, We Mean Big Things"

Could there be some big excitement on the horizon for bitcoin enthusiasts? We probably should not speculate, but a tweet from digital currency payments processor BitPay has us nothing short of intrigued. When we say big things, we mean big things #bitcoin#tothemoon. - BitPay (@BitPay) May 10, 2014. Curious? We are too. And we can't help but to wonder whether or not the Atlanta-based company has an announcement of epic proportions to make. But let's not get too excited here. Over the past few months, we've had a number of these "big" announcements made, most famously from Blockchain.info.....


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BitPay Signs on to Participate at TigerDirect Tech Bash

In a Wednesday morning announcement, electronics retail outfit TigerDirect announced that bitcoin payments processor BitPay has signed on to participate at the TigerDirect Tech Bash along with the TigerDirect IT Conference & Expo dubbed Innovation. The event takes place at the Miami Marlins Park on November 7th from 8am-5pm. Wrote TigerDirect in their announcement: TigerDirect and BitPay are taking things to the next level and changing the way consumers use technology to shop. Marlins Park will be a hub for all things tech, with companies utilizing the attention to announce new products,....

BitPay Beefs Up San Francisco Office With Former Jumio, PayPal, VISA Employees

Atlanta, Georgia-based BitPay has beefed up their presence in their San Francisco office with some new key hires that hope to bring the company into future financial success. The company has picked up Sonny Singh previously worked for Jumio, a payments company. Singh will be serving as BitPay's chief commercial officer. Gregg Zigler, who was previously with PayPal, will be working as a senior developer at BitPay. And if you thought the hires from big financial companies were over, you're well mistaken. https://www.youtube.com/watch?v=JP_I9zNRpEo. BitPay has also picked up Steve Pratt from....

BitPay Explains How They Handle It When Exchanges Go Down Like Bitstamp's Recent Outage

Bitstamp recently came out that their hot wallet was hacked causing them to lose ~18,866 BTC (~$5 MILLION USD). This incident is bad for the exchange as well as for Bitcoin. What many do not think about is how it can cause issues for other companies. One company that reacted quickly to the situation is BitPay, the largest Bitcoin merchant processor now sponsoring the Bitcoin Bowl. As a company that processes a large volume of Bitcoin transactions for clients, they need timely and accurate exchange rate info. BitPay CFO Bryan Krohn posted on BitPay's blog reporting how they get their....

The IBM and Samsung ADEPT BlockChain of Things: 'BoT' - Not Internet of Things

IBM and Samsung have partnered to put the Blockchain Technology to good use. The partnership points us towards their vision to pioneer in the soon-to-dawn era of Internet of Things. There has been lots of murmur in the tech sphere ever since news about ADEPT was released. Especially among those who understand and anticipate the Internet of Things. What is ADEPT? ADEPT stands for Autonomous Decentralised Peer-to-Peer Telemetry. IBM & Samsung's ADEPT aims to be the technology for ledgers, record-keeping of the gazillions of data points that the Internet of Things will start to generate the....

Blockchain Technology and Internet of Things

Bitcoin and Internet of Things (IoT) are the two buzz words in the tech sphere at the moment. Bitcoin is something which we always keep talking about on this site. Internet of Things, not so much. But with the introduction of Bitcoin 2.0 and other upcoming alternatives like Ethereum, we will be forced to discuss about IoT soon. After all, the IoT will be made possible by Bitcoin technology in the coming days. What is Internet of Things? Internet of Things (IoT) is a concept where the objects and equipment area embedded with electronic sensors to create a network. These "smart" equipment....