Monthly archive for June 2014

Bitcoin your way to a double espresso

Bitcoin your way to a double espresso

18 June 2014 / CNN – By now we’re all familiar with the term Bitcoin, the notorious digital currency with dozens of copycats. But most of us would find it difficult to imagine actually using this crypto-currency or even picturing what it looks like. In fact, only

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BitPay to Sponsor St. Petersburg Bowl in First Major Bitcoin Sports Deal

BitPay to Sponsor St. Petersburg Bowl in First Major Bitcoin Sports Deal

18 June 2014 / Wall Street Journal – The annual postseason college football game played in St. Petersburg, Florida will for the next four years be known as the Bitcoin St. Petersburg Bowl as part of a sponsorship deal signed between bitcoin payment processor BitPay and ESPN

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First Island bitcoin ATM opens in downtown Victoria

First Island bitcoin ATM opens in downtown Victoria

17 June 2014 / Times Colonists – It may be a virtual currency, but bitcoin now has a very tangible presence in Victoria with the Island’s first bitcoin ATM installed at Hemp & Co. on Government Street. The bitcoin machine, which was installed over the weekend, is

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Global Ecommerce Provider Digital River Now Accepting Bitcoin

Global Ecommerce Provider Digital River Now Accepting Bitcoin

17 June 2014 / MINNEAPOLIS USINESS WIRE) — Digital River, Inc. (NASDAQ: DRIV ), a leading global provider of Commerce-as-a-Service solutions, today announced it has added bitcoin as a payment option for merchants that are selling online in the United States and using its small to mid-sized

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Bitcoin Security Firm BitGo Raises $12 Million

Bitcoin Security Firm BitGo Raises $12 Million

16 June 2014 / NY Times – The Bitcoin security platform BitGo announced on Monday that it had raised $12 million, the latest example of how investors see opportunity in a growing industry aimed at making virtual currency easier and safer to use. BitGo, which sells a

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Apple ‘stamp of approval’ for Bitcoin points away from Apple currency

Apple 'stamp of approval' for Bitcoin points away from Apple currency

16 June 2014 / CNet – Bitcoin has been given a big boost of Apple appeal as virtual currency apps return to the App Store. Industry observers describe the move as a “stamp of approval” for Bitcoin that plays down speculation Apple could be planning to mint

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First bitcoin ATMs coming to Los Angeles

First bitcoin ATMs coming to Los Angeles

14 June 2014 / LA Times – Bitcoin owners in Los Angeles will be able to exchange their virtual currency for cash at two bitcoin-to-cash ATMs set to open next week. The ATMs will be managed by Santa Monica bitcoin payment processor ExpressCoin, and will be housed

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King’s College in New York to Accept Bitcoin

King’s College in New York to Accept Bitcoin

14 June 2014 – New York Times – Bitcoin can already be used to purchase a plane ticket, donate to a political campaign and pay a satellite TV bill. Beginning this fall, it can also be used to pay for a college education. On Friday, King’s College,

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The Drum set to accept Bitcoin payment for magazine

The Drum set to accept Bitcoin payment for magazine

13 June 2014 / The Drum – The Drum is to become one of the first UK magazine titles to boast a BitCoin cover price – in an initiative which will take place as part of The Drum Live. This conference which will take place on July

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Yukon gold mine on sale for $2 million in bitcoin

Yukon gold mine on sale for $2 million in bitcoin

13 June 2014 / Toronto Sun – Gold, the hard asset long seen as the ultimate hedge against risk, has fallen so much out of favour in recent years that the owner of a mine in Canada’s historic Yukon gold belt wants to sell the property for

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