Archive for the finance Category

Russian-Jewish Billionaire Yuri Milner Loves Bitcoin

Russian-Jewish Billionaire Yuri Milner Loves Bitcoin

11 July 2014 / Jewish Business News – Russian Billionaire investor and the founder of Digital Sky Technologies (DST) Global and co-owner of Mail.ru Group Yuri Milner, has made a strong statement of support in the virtual currency known as Bitcoin. He has reportedly invested an undisclosed

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Bitcoin Venture Capital Investments Soar 28% on Increased Optimism

Bitcoin Venture Capital Investments Soar 28% on Increased Optimism

11 July 2014 / International Business Times – Venture capital investment in bitcoin increased 28% sequentially in the second quarter, signalling investors’ increased enthusiasm and confidence in crypto-currencies. CoinDesk’s State of Bitcoin report for the second quarter showed venture capital investments in the digital currency totalled $73m (£42.6m,

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Bitcoin value set to surge according to experts

Bitcoin value set to surge according to experts

11 July 2014 / The Drum – Online currency Bitcoin has been touted to surge in value from $615 a share to $1,200, a 226 per cent increase on current estimates – according to a venture capitalist. Bitcoins, which are earned by volunteering computing power to process the firm’s

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Jersey approves first regulated Bitcoin fund

Jersey approves first regulated Bitcoin fund

10 July 2014 / BBC – The Global Advisors Bitcoin Investment Fund (GABI) has been certified by the Jersey Financial Services Commission to run from 1 August. Daniel Masters said Jersey’s regulatory system meant major investors, such as pension and insurance companies, could invest in Bitcoin for

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High Density, Low Budget: Massive Bitcoin Mines Spring Up in Warehouses

High Density, Low Budget: Massive Bitcoin Mines Spring Up in Warehouses

10 July 2014 / Data Center Knowledge – The Bitcoin mining craze is driving the creation of a new breed of computing facilities featuring high-density hardware, low-reliability electrical infrastructure and off-the-shelf enclosures. These “hashing centers” often are built in old warehouses and house servers on shelving from

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Newly Built Villas in Nairobi Available for Bitcoin through BitPremier

Newly Built Villas in Nairobi Available for Bitcoin through BitPremier

09 July 2014 / ForexMinute – Villas in the Loresho Ridge area of Nairobi are now available for Bitcoin through the online Bitcoin market place BitPremier. According to the advertisement on BitPremier the villas on sale i.e. Fahari Villas are situated on a cul-de-sac on the highest

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Switzerland’s FINMA grants first Bitcoin Trader license to SBEX

Switzerland’s FINMA grants first Bitcoin Trader license to SBEX

09 July 2014 / Leap Rate – Switzerland, the land of traditional and extremely safe banking institutions, heralded by high net worth investors worldwide as a safe haven for untold wealth, has taken a somewhat unorthodox step toward the acceptance of virtual currencies as a means of

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UCLA’s John Villasenor takes you inside the world of cryptocurrencies (think bitcoin)

UCLA's John Villasenor takes you inside the world of cryptocurrencies (think bitcoin)

09 July 2014 / LA Times – You can donate to a PAC, buy a Tesla or order a Domino’s pizza using bitcoin. California just repealed a ban on such cryptocurrencies, so the question is not only “Now what?” but “What?,” period. Any currency that’s not tied

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BitPay execs in St. Pete this week to begin bitcoin push

BitPay execs in St. Pete this week to begin bitcoin push

09 July 2014 / Tampa Bay Business Journal – BitPay executives are in Tampa Bay this week to begin the process of getting St. Petersburg bitcoin ready. The payment processor is sponsoring the Bitcoin St. Petersburg Bowl for the next three years in an attempt to raise

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Facebook Ready To Enter Digital Payments – Via Bitcoin?

Facebook Ready To Enter Digital Payments - Via Bitcoin?

08 July 2014 / Seeking Alpha – Summary In April reports surfaced that Facebook was seeking approval from the Central Bank of Ireland to start a service to allow users to send/store money on its platform. Facebook recently hired PayPal President David Marcus to lead its Messaging

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