Announcements

12 01, 2018

A turning point in Bitwala’s history

By |January 12th, 2018|Announcements|4 Comments

Over the last 2 weeks we’ve had the busiest time Bitwala has ever seen. Both our card and bank transfer services were suspended. We’ve been working around the clock to return customers’ money to them in the quickest and simplest way possible. We wanted to take this opportunity to explain how this impacts Bitwala and [...]

13 12, 2017

SegWit is now implemented in the Bitwala Wallet

By |December 13th, 2017|Announcements|0 Comments

We’re happy to announce that we have implemented SegWit into the Bitwala Wallet! SegWit is a technical improvement of the Bitcoin Blockchain that paves the way for cheaper transactions and enables scaling solutions on top of Bitcoin. It is now available for all of our 60000 users. Overview Segregated Witness was activated on the Bitcoin [...]

20 10, 2017

Why we (temporarily) stopped processing most SEPA currencies

By |October 20th, 2017|Announcements|2 Comments

Yesterday our exchange partner has experienced a sudden technical disruption which stopped their ability to process eight European SEPA currencies. Unfortunately for our customers, this means they can only exchange cryptocurrency into EUROs and GBP. Unfortunately, no other FIAT currencies can be exchanged until the problem is resolved. The currencies affected are CHF, CZK, DKK, [...]

30 08, 2017

Bitwala cards and currencies update

By |August 30th, 2017|Announcements|8 Comments

Dear Bitwala customers, As we operate in the intersection of the cryptoeconomy and traditional banking, we have to comply with constantly changing Anti Money Laundering rules and regulations that are so prevalent in this sector. And now there are two new updates that will be affecting our users world wide. Currency suspension Starting September 1st, [...]

22 08, 2017

Bitwala’s Statement on SegWit2x

By |August 22nd, 2017|Announcements|93 Comments

Disclosure: Barry Silbert’s DCG owns a minority stake of Bitwala. We have received an increasing number of inquiries regarding Bitwala’s support of the New York Agreement (short “NYA”). To reiterate, the NYA was based on the Hong Kong Agreement of 2016 (short “HKA”) in which miners and developers originally had agreed (or seemed to have [...]

26 07, 2017

Best Bitcoin Debit Card

By |July 26th, 2017|Announcements|4 Comments

As Bitcoin acceptance and user base grows, due to recent price spikes and its adoption as an official currency by many countries, users around the world have started looking for the best ways of spending it. The corresponding growing ubiquity of shops that accept Bitcoin makes it easy to send it directly from one's wallet to [...]

6 07, 2017

Top 10 places to spend Bitcoin in Berlin

By |July 6th, 2017|Announcements|1 Comment

What makes Berlin so great? The former Berlin Burgermeister himself, or Mayor, said it best, “Berlin is poor but sexy”. After the fall of the Berlin Wall, many West Berliners flooded into East Berlin (The Soviet-controlled part). The abandoned cheap flats and workspaces attracted artists, musicians and the likes from around the world. This resulted [...]