Archive for the finance Category

13 May / CNet – A Scottish shop has traded in cash for Bitcoin. A branch of second-hand shop CeX has done away with British pounds entirely for the next three days in an experiment with the online currency. CeX buys your unwanted movies, games and gadgets,

12 May 2014 / SFGate – While Jamie Dimon and Warren Buffett express doubts about bitcoin, executives running the financial industry’s back offices are looking at mimicking the virtual currency’s methods of moving money quickly and cheaply. FIS, a provider of systems used by banks to handle payments,

11 May 2014 / Hamptonroads.com – Trevor Scribner, clad in T-shirt and shorts, looked like any other customer when he went to Doumar’s Cones and Barbecue last week and shook hands with Thad Doumar at the counter. He had come to persuade the general manager of one

09 May 2014 / Biz Journals – Games and social media marketing are nothing new. But Max Baptiste and Kevin Fullerton are mixing up the business model by offering prizes in Bitcoin, art and food to those who want to play a scavenger hunt game with local

09 May 2014 / New York Times – Despite cautions and hesitations among regulators about investing in virtual currency, the Winklevoss twins are inching closer to creating the first publicly traded Bitcoin fund. On Thursday, Cameron and Tyler Winklevoss, the brothers most widely known for their legal

08 May 2014 / Wall Street Journal – Avalara Inc., a cloud-based service that automatically calculates sales tax for businesses, is supporting bitcoin. Although the company isn’t yet seeing demand for transactions in the digital currency, according to Senior Director of Product Webb Stevens, customers should be