Circle's Bitcoin App Receives Honourable Mention at Google I/O
Circle's bitcoin Android app has received an honourable mention at Google's I/O Conference. The two-day event, which showcases the tech giant's latest products, featured Circle's app in its best-in-class category, which recognises excellence in applying material design in the creation of engaging user experiences . As the only bitcoin or financial application showcased, Circle's offering was featured alongside notable applications including the New York Times - awarded for its elegant typography - and Tumblr, accoladed for its animation. The bitcoin company first gave a sneak peek of its....
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Boston-based Bitcoin wallet and provider Circle received an honorable mention at Google I/O. The company's Android wallet application was, in fact, the only finance app to make the "best in class" showcase, and the first-ever Bitcoin-related application to receive such an accolade. For perspective, Circle's wallet was listed alongside such visible brands as Evernote, Tumblr, the New York Times, and BuzzFeed. In essence, Google has encouraged Android users to try out a Bitcoin wallet, and there is only one way for that to be useful to those who do - to buy some Bitcoin. Circle's Bitcoin....
Coinbase aims to supplant payment processors like MasterCard and Visa, CEO Brian Armstrong told the Wall Street Journal. As Armstrong hints at in the interview, altering current payment processing methods would be a huge boon to bank consumers around the world. Armstrong claims that credit card processing fees amount to $500 billion. Bitcoin will slim that number down to $50 billion. I wasn't able to verify that number with Google, but the point is that many experts estimate that Bitcoin could cut transaction costs and other fees to about 10% of whatever it currently is. MasterCard and....
Circle released today the first native Circle apps for both iOS and Android. These apps are a critical companion to the Circle web service, allowing customers to use native apps to make payments, send and request money, and instantly deposit and convert money between dollars and Bitcoin. I am a user of the Circle web service since the closed beta before the public launch, and Circle is now an important part of my Bitcoin storage and transfer chain. I have always been impressed with the professional quality and immediateness of the user interface, and the responsiveness of the customer....
Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding. As reported by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations. A representative for Circle declined to comment. The move, if confirmed, would represent Circle's largest funding effort to date. Circle raised $17m in a Series B round last year, following an earlier $9m in Series A funding from 2013. The funding would raise Circle's total investment to $66m. Circle
Circle Internet Financial lifted the veil on its introductory product last week, providing CoinDesk with an extensive preview of what Circle.com will offer to the general market when it moves out of invite-only testing and past version one of its core offering. The company revealed the first hints about what was to become Circle.com in March and, since then, it has been gradually ramping up development of its product while slowly expanding its pool of invited users. First previewed at the Bitcoin2014 conference in Amsterdam this May, Circle largely delivers on its promise of providing a....