finance | Get To Know Bitcoin

The First Fully American Bitcoin Exchange Network Is Now In The Works

On February 25, 2014 / companies, exchange, finance

25 Feb 2014 / Business Insider – The first U.S.-based Bitcoin exchange network is now in the works, hours after MtGox, once the world's largest Bitcoin exchange, vanished. SecondMarket, the alternative asset management firm currently overseeing the world's largest Bitcion investment vehicle, plans to spin off its

Bitcoin Declared Lawful Money in California Assembly [Video]

On February 24, 2014 / companies, finance, politics

24 Feb 2014 – Liberty Voice – The California State Assembly has unanimously passed measure AB 129 declaring Bitcoin and other cryptocurrencies as “lawful money.” Bitcoin and other cryptocurrencies like Dogecoin, Ripple, and Peercoin have gained popularity over the past year. To be clear, “lawful money” is

Mt. Gox’s CEO resigns from Bitcoin Foundation

On February 24, 2014 / companies, exchange, finance

24 Feb 2014 / Reuters – Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, in the latest blow to the digital currency. Jinyoung Lee Englund, a spokesperson for the Bitcoin Foundation – a

Apple Takes a Bite Out of Bitcoin

On February 24, 2014 / companies, finance

24 Feb 2014 / e-commerce Times – Apple earlier this month dropped the Bitcoin app Blockchain from its mobile marketplace without giving any explanation. Bitcoin holders obviously were upset with this development. In fact, I recently saw a Web video in which a Bitcoin holder actually shot

Bitcoin transitioning from obscurity to commonplace

On February 23, 2014 / companies, exchange, finance

23 Feb 2014 / Pioneer Press – David Duccini makes money — literally. The St. Paul tech entrepreneur has set up a state-of-the-art assembly line to make currency that he can spend on the Web or at Twin Cities businesses. His moolah factory, operating 24/7, exists separately

Hong Kong’s first bitcoin shop to open this week in Sai Ying Pun

On February 23, 2014 / companies, exchange, finance

23 Feb 2014 / South China Morning Post – Hong Kong’s first retail outlet for the virtual currency bitcoin will open on Friday. The 400 sq ft shop in Sai Ying Pun, in Hong Kong

Bitcoin Beauties promotes use of currency by women

On February 22, 2014 / companies, finance

22 Feb 2014 / SFgate – At the inaugural Bitcoin Fair, an evening of bitcoin evangelizing held this month in a packed-to-capacity Japantown ramen joint in San Francisco, the absence of one thing stood out. “I invited lots of women,” bemoaned the event host, QuickCoin co-founder Nathan Lands. They

Charlotte entrepreneurs bringing Bitcoin to the parking meter

On February 22, 2014 / companies, finance

22 Feb 2014 / Charlotte Observer – Charlotte-based PassportParking Inc. is bringing a new form of currency to the parking meter: Bitcoin. The South-End-based company offers a one-stop, cloud-based command center for cities, universities and private operators to oversee parking, ticketing enforcement and event management. Passport has

Bitcoin Basics For The ’76 Percenters’ Who Don’t Have A Clue What It Is

On February 22, 2014 / companies, exchange, finance, mining

22 Feb 2014 / Forbes – Bitcoin technology was unleashed on the World Wide Web about five years ago, but 2013 marked a time of unprecedented growth for the digital currency. As the price of a bitcoin increased over 6000 percent in 2013, more developers, entrepreneurs, and

Asian trends provide impetus for creation of PHL bitcoin company

On February 21, 2014 / companies, exchange, finance

21 Feb 2014 / GMA Network – Bitcoin trading is a new industry, with commercial use of the digital currency still small worldwide and speculation making it very volatile. Why then would two enterprising Filipinas risk investment in this business?

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