Archive for the finance Category

Bitcoin start-up nabs Goldman board member

Bitcoin start-up nabs Goldman board member

28 Dec 2013 – CNN FORTUNE — The Bitcoin economy just got another vote of confidence. M. Michele Burns, a finance industry veteran who sits on the board of Goldman Sachs is joining the board of Circle Internet Financial, a Boston start-up that is building a payment

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Do you really know bitcoin? Here are 11 myths

Do you really know bitcoin? Here are 11 myths

27 Dec 2013 / CNBC – While there were plenty of other big surprises in 2013, no business story likely was more unique than bitcoin, the online simulated currency that threatened to shake up the global monetary system. Debate raged over bitcoin’s legitimacy: Was it just a

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Bitcoins proving popular in Slovakia

Bitcoins proving popular in Slovakia

27 Dec 2013 / Prague Post – The installation of the first ATM machine dispensing digital currency bitcoin in the Slovak capital of Bratislava about one month ago has met with great interest among Slovaks, although the possibility to pay with the currency is still very limited

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Opportunities and Challenges in Indian BitCoin Space – Thoughts by Early Adopters

Opportunities and Challenges in Indian BitCoin Space – Thoughts by Early Adopters

27 Dec 2013 / The Tech Panda – There has been a lot of buzz around Bitcoins of late with the new-age currency gradually gaining popularity across the world. For those who haven’t heard of this new-age currency, a Bitcoin is an all-digital, cryptographically-made currency. Bitcoins are

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Bitcoin operators shut shop in India amid RBI warning

Bitcoin operators shut shop in India amid RBI warning

27 Dec 2013 / Economic Times – NEW DELHI: A number of bitcoin operators in India have begun suspending their business following RBI’s warning against use of such virtual currencies due to potential money laundering and cyber security risks. While RBI is yet to come out with

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Bitcoin service firms best investment, not virtual currency itself: economist

Bitcoin service firms best investment, not virtual currency itself: economist

26 Dec 2013 / scmp.com – Investors looking for a way to make money from the global bitcoin bonanza should steer clear of the pseudo currency itself and instead follow Li Ka-shing’s lead: buy in to the firms providing the services that bitcoin holders use. That’s according

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Bitcoin currency fuels unique program to help Escambia’s needy

Bitcoin currency fuels unique program to help Escambia's needy

26 Dec 2013 / pnj.com – While many parents spend their weekday mornings getting their children on the school bus and heading off to work, 34-year-old Jason King uses the hours before noon to prepare more than 100 sack lunches. The lunches aren’t for the former network

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Bitcoin paradise

Bitcoin paradise

26 Dec 2013 / Economists – A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt’s Gulch, a community in Chile inspired by Ayn Rand’s “Atlas Shrugged”—and with an economy based entirely on Bitcoin. Or that’s the goal,

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Chinese Bitcoin Exchanges BTCChina & Okcoin Accept BTCC Voucher

Chinese Bitcoin Exchanges BTCChina & Okcoin Accept BTCC Voucher

26 Dec 2013 / bitcoinboard.net – The 2 biggest Bitcoin exchanges in China, BTCChina and Okcoin have started to accept the BTCC voucher, as a way to add balance to your account. The voucher can be bought on a few websites, using your bank account. The balance

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Bitcoin prices rise 5% to trade at USD740 in post-Christmas trade

Bitcoin prices rise 5% to trade at USD740 in post-Christmas trade

26 Dec 2013 / Investing.com – Bitcoin prices rose more than 5% on Thursday to hit a one-week high, as demand for the virtual currency remained supported amid ongoing speculation an increasing number of online retailers will begin accepting Bitcoin payments in the year ahead.Bitcoin prices hits

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