Monthly archive for May 2014

Bitcoin Startup Vaurum Gets $4M in Seed Funding From Battery Ventures

Bitcoin Startup Vaurum Gets $4M in Seed Funding From Battery Ventures

07 May 2014 / Wall Street Journal – Investors are still bullish on bitcoin, with Battery Ventures, Tim Draper, Steve Case and other individuals seeding Vaurum with $4 million. The support comes the day after the Future Capital Bitcoin Fund launched and a week after Bloomberg announced

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Coinbase Acquires YC-Backed Kippt To Beef Up Its Product, Design Talent

Coinbase Acquires YC-Backed Kippt To Beef Up Its Product, Design Talent

07 May 2014 / Tech Crunch – Coinbase, one of the biggest Bitcoin consumer wallets and merchant processing platforms in the world, just acquired Kippt, a two-person YC-backed startup that had been working on a platform to share and store content. Both companies, which came out of

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Bitcoin Is Not Just A Volatile Bubble

Bitcoin Is Not Just A Volatile Bubble

06 May 2014 / Benzinga – Robert Wagner, a research analyst at Seeking Alpha, has recently argued that bitcoin is a bubble in the process of popping due to its volatility. That may not be the case, however. Bitcoin Is A Bubble Bitcoin is not a bubble.

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5 Bitcoin Projects That Could Make Payments Far More Anonymous

5 Bitcoin Projects That Could Make Payments Far More Anonymous

06 May 2014 / Wired – Some believe that bitcoin’s anonymous properties are a bug, not a feature. This past January, New York financial regulator Benjamin Lawsky called for a crackdown on software that anonymizes transactions in the online digital currency, saying it will merely help criminals

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Investor Mike Novogratz Bullish On Bitcoin

Investor Mike Novogratz Bullish On Bitcoin

06 May 2014 / Business Insider – Former Goldman Sachs partner and current Fortress Investment Group CIO Michael Novogratz says the smartest guys in the room have all turned their attention to Bitcoin. In an interview Monday with Bloomberg Television’s Stephanie Ruhle at the 2014 Sohn investing

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Bitcoins may soon become a national currency, replacing others

Bitcoins may soon become a national currency, replacing others

06 May 2014 / RT – Bitcoin is the world’s most popular virtual currency, and brings with it a new breed of digital multi-millionaires. A few dollars several years ago could have made you millions in present-day – but when bitcoin exchange Mt. Gox virtually disappeared, many

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3 ways Bitcoin can change how the Arab region uses money

3 ways Bitcoin can change how the Arab region uses money

04 May 2014 / Wamda – Over the course of two days last month, self-described social media utilization agency The Online Project (TOP) held Cointalks Dubai, an event to discuss the prospect for digital currencies in the region. It aimed to “educate people, raise awareness, and maybe build a

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Saskatchewan’s first bitcoin ATM opens in Saskatoon

Saskatchewan's first bitcoin ATM opens in Saskatoon

04 May 2014 / CBCNews – One year ago, Adam O’Brien started reading and researching the digital currency bitcoin. Now, the 21-year-old is the founder of Bitcoin Solutions, an Edmonton-based company that recently brought Saskatchewan’s first bitcoin ATM to Saskatoon.

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Early local boosters embrace Bitcoin

Early local boosters embrace Bitcoin

04 May 2014 / The Tampa Tribune – OLDSMAR — Flamestone Grill restaurant founder Nick Pappas loves gadgets and technology. “It’s my passion, other than the restaurant business,” he says. So when he heard last year about the digital currency known as Bitcoin, he investigated and decided

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Ask Dr. Bitcoin: Summer is here; How do I keep my mining rigs cool?

Ask Dr. Bitcoin: Summer is here; How do I keep my mining rigs cool?

02 May 2014 / SiliconANGLE – There are seven ways you can get Bitcoins: (1) buy them; (2) sell something and get paid in Bitcoins; (3) someone you know graciously donates Bitcoins to you; (4) beg people to donate Bitcoins to you because you really, really want

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