News Bits 17.11.2014
Bitcoin in India. The community in India is working seriously on bitcoin adoption and education. Bitcoin has the perfect potential to take India by storm because of the following factors:40% of Indians, approximately 480 million people, have little to NO access to any financial institutions. Families still retain hard assets, such as gold. About 181 million families in India, hold an average of 64 grammes of fine gold. Besides, a 100 Billion of value comes from transfers from abroad. This value is made possible the fact, that 900 million people have access to mobile phones. All these....
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Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related news with the second-largest audience in the Russian-speaking space, has managed to win the cancellation of its blacklisting by Russia’s Federal Service for Supervision of Communications, Information....
Welcome to the last Bitcoinist news bits of 2014. This time, we’ll make a special edition, a summary, to point out the most significant stories of this year. Bitcoin 2014 Year in Review. We made a monthly disposition, so lets start with January 2014: Overstock‘s announcement of Bitcoin acceptance caused the price to increase before correcting and settling down at $853 by the end of the month. In February, After the collapse of Mt.Gox and the loss of an estimated 744,000 Bitcoins valued at $400 million, Bitcoin’s future was heavily debated. In Marc, Flexcoin, the Canada-based Bitcoin bank,....
Bits.media, a leading news outlet in Russia’s crypto space, has been blocked by Russia’s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure.
Roskomnadzor Denies Russians Access to Bits.media
Crypto news website Bits.media became unavailable to most of its readers in Russia this week and its team found that the Russian media censor Roskomnadzor is to blame. The government agency has added an unspecified number of its pages to a....
KnCMiner has become the latest bitcoin company to join the ecosystem's ongoing debate over how bitcoin prices should be displayed. The Sweden-based bitcoin mining company announced on Twitter today that it will now allow users the option to view bitcoin prices in bits on its KnC Wallet app. Added denomination "bit" in mobile #Bitcoin wallet. Switch 2 bits & feel richer automagically: http://t.co/aXIL2Vp9fG pic.twitter.com/r3V834D3VK. - KNC Miner (@kncminer) August 26, 2014. The news plays into a growing debate on how bitcoin's value should be expressed in order to best appeal to mainstream....
In this weeks News Bits: – E-commerce giant Rakuten will Accept Bitcoin. – BIT to be the first publicly traded bitcoin fund. – Bitcoin nano satellites up space in 2016.