Bitcoin News Mash-Up: The Bitcoin-Diamond Affair; Digital Charity; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

Diamond Jewelry Distributor Starts Accepting Bitcoins

iDIAMONDS, an internet-based diamond jewelry retailer, recently announced to integrate Bitcoin payments to its checkout process. The company therefore partnered with payment processor BitPay to avoid Bitcoin’s market volatility. According to a recent survey conducted on newly married couples, American weddings cost an average of over $30,000 – adding around $40 billion to the national economy. This might be one of the major reasons why iDIAMONDS decided to differentiate itself from competitors and start accepting the digital currency. You can read the whole report here.

Belgian NGO Starts Accepting Bitcoins as Well

Apopo, a Belgium-based NGO renowned to use mine-detecting ‘super rats’, recently partnered with BitPay to accept donations in Bitcoin without paying any processing fee. The donations will be used to finance projects in eight countries in Asia and Africa. The rodents, on which the money will be spent, are trained to detect landmines and tuberculosis using their extraordinary sense of smell. You can read the whole report here.

OKCoin Launches New Trading Interface

The Chinese exchange OKCoin yesterday launched its full screen trading interface. According to the company, it was designed to fit its new P2P loan service. For those of you who are not traders, tables, charts and order books might be a bit confusing because they contain too much information. However, for the experienced trader, they are very useful. Regarding P2P lending, operators can choose a loan at an interest rate for the time they choose. You can read the whole report here.