Following are the major Bitcoin news of the day
PayPal Planning to Integrate Bitcoin
During a special appearance to Bloomberg’s TV show The Pulse, PayPal President David Marcus admitted to have been planning something special for Bitcoin — an integration, perhaps. Despite the uneven grounds of both Bitcoin and PayPal when it comes to remittance sector, Marcus thought the cryptocurrency to be a fascinating technology but at the same time displayed concerns over its security. You can read the full report here.
Coyno Makes Handling Bitcoin Transactions Easy
A Berlin-based status Conyo has launched an innovating Bitcoin service that lets users track their transactions throughout multiple wallets without breaking a sweat. According to the available beta results, over 150 active users were able to track their Bitcoin transactions through Coyno’s interactive graphs. You can read the full report here.
Ripple Labs Sidelines Bitcoin
During an official interaction with the California lawmakers, Ripple Labs reportedly sidelined Bitcoin as a viable currency option and instead lobbied its very own services. “We don’t think the world needs a new currency, we already have plenty,” the company’s CEO Chris Larson told the committee. “The real innovation here is the ability to move money around. […] It is important we address the needs of the banks to move money internationally and domestically.” You can read the full report here.