Archive for the finance Category

Bitcoin nabob: Yes, there’s life after Mt. Gox (Q&A)

Bitcoin nabob: Yes, there’s life after Mt. Gox (Q&A)

25 Mar 2014 / CNet – Bitcoin’s been very much in the news of late for all the wrong reasons. In February the Bitcoin exchange Mt. Gox declared bankruptcy after some $400 million in bitcoins got stolen. Bitcoin bank Flexcoin shut down earlier this month after robbers

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What’s In Your Virtual Wallet? Durham Bakery Accepts ‘Bitcoin’

What's In Your Virtual Wallet? Durham Bakery Accepts 'Bitcoin'

24 Mar 2014 / WUNC.org – If you have never heard of a “Bitcoin,” you are not alone.  Even though the digital currency continues to get a lot of attention around the world, it’s been slow to catch on in most pockets of the US, including North

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Why Marc Andreessen is betting big on bitcoin

Why Marc Andreessen is betting big on bitcoin

24 Mar 2014 / Yahoo – Bitcoin is trading about 55% below its record high and Its biggest exchange is now bankrupt following a multimillion-dollar loss. Does the popular virtual currency have a future? Marc Andreessen, the founder of Netscape, thinks so. The co-founder and partner of

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New Derivative Guards Against Bitcoin’s Price Swings

New Derivative Guards Against Bitcoin’s Price Swings

24 Mar 2014 / Wall Street Journal – If you thought trading bitcoin was a shot in the dark, how about bitcoin derivatives? A start-up derivatives exchange is working on what it claims will be the first bitcoin swap, allowing financial institutions to bet on the value

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Enter The Blockchain: How Bitcoin Can Turn The Cloud Inside Out

Enter The Blockchain: How Bitcoin Can Turn The Cloud Inside Out

22 Mar 2014 / Tech Crunch – Drop whatever what you’re doing and go read Maciej Cegłowski’s absolutely magnificent essay Our Comrade The Electron, an astonishing history of the amazing Russian engineer Lev Sergeyevich Termen. Make sure you read right down to its punchline, “the most badass

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CyberPowerPC joins Bitcoin craze with Mega Miner desktop series

CyberPowerPC joins Bitcoin craze with Mega Miner desktop series

22 Mar 2014 / ZDNet – What’s good enough for boutique PC builder iBuyPower is usually good enough for CyberPowerPC — and vice versa. So it shouldn’t come as a surprise that a few weeks after the iBuyPower CoinMine desktops, designed for Bitcoin mining, were released, CyberPower has

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Gene Marks: The Fate of Bitcoin Is In The Hands of Jeff Bezos

Gene Marks: The Fate of Bitcoin Is In The Hands of Jeff Bezos

21 Mar 2014 / Small Business Trends – There’s a great deal of talk around the bitcoin virtual currency – both good and bad talk. Gene Marks, a small business expert and writer for outlets like Inc., Forbes, the New York Times and others, recently wrote about

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Bitcoin Isn’t Really Banned in China—and It’s Quickly Gaining Ground

Bitcoin Isn't Really Banned in China—and It's Quickly Gaining Ground

21 Mar 2014 / Businessweek – Bobby Lee, the founder of China’s biggest Bitcoin exchange, BTC China, went on Bloomberg TV yesterday to knock down the false notion that virtual currency had been banned in his country. In December, China’s central bank issued guidance that bars financial institutions

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Bitcoin: a financial revolution the web’s been waiting for?

Bitcoin: a financial revolution the web's been waiting for?

21 Mar 2014 / Irish Times – Bitcoin may not be the messiah of a new currency its hardcore fans yearn for, but it may herald the deeper financial revolution the internet has been waiting for. While computers and smartphones have brought the web to more than

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Bitcoin’s software gets security fixes, new features

Bitcoin's software gets security fixes, new features

20 Mar 2014 / PC World – The software driving Bitcoin’s network was upgraded Wednesday, with security fixes addressing a problem that defunct bitcoin exchange Mt. Gox blamed for losing nearly half a billion dollars worth of bitcoins. The open-source software, known as Bitcoin-QT, has also been

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