Archive for the finance Category

15 Aug 2014 / Wall Street Journal – A German start-up is looking for funding to produce a new high-performance microchip that it says would make bitcoin mining much less energy intensive, and thus cheaper. This is important because ‘mining’ the cryptocurrency—essentially a process of solving complex

14 Aug 2014 / (Reuters) – Ebay Inc’s (EBAY.O) PayPal is in talks with Coinbase Inc and other bitcoin transaction providers to integrate the virtual currency within its Braintree payments system, The Wall Street Journal reported on Thursday. Executives at PayPal, which owns the service that handles

14 Aug 2014 / Market Watch – MOUNTAIN VIEW, Calif., Aug 14, 2014 (BUSINESS WIRE) — Bay Coins, LLC announced today it has released the first mobile marketplace app for buying and selling bitcoins with other users – Bitcoin BazaarLocal. The app is now available for iOS

13 Aug 2014 / Blockchain Blog – On Sunday, August 10, around 3PM ET we surpassed two million wallets for our bitcoin wallet service. This is a major milestone for us and the bitcoin community as whole – bitcoin adoption is growing, faster than ever before! It

13 Aug 2014 / Forbes – In another boost for Europe’s burgeoning bitcoin business sector, peer-to-peer bitcoin lending platform Bitbond has secured  its seed funding round, led by European early-stage VC Point Nine Capital CEO of BillPay Nelson Holzner also contributed to the €200,000 ($267,000) funding round as

12 Aug 2014 / TechInAsia – Rakuten Super Logistics U.S, a company that provides order fulfillment services for online retailers, has accepted bitcoin after requests from customers. The company has already begun accepting bitcoin payments via BitPay. “We are working to apply this new technology to the

08 Aug 2014 / WSJ – A Lake Tahoe property sold Thursday for $1.6 million—in bitcoins. The property is one of just a handful of residential real estate transactions in months that have used virtual currency—and potentially a record in terms of price. The price in bitcoins

07 Aug 2014 / Tech Crunch – In an effort to help widen bitcoin’s reach and create a simpler experience when dealing with the online currency, KryptoKit, makers of the bitcoin wallet browser extension, launched RushWallet, a new easy-to-use bitcoin wallet that works on all web browsers and

06 Aug 2014 / Mashable – If you’ve been following the news about Bitcoin, you’ve probably come away with the idea that the currency is unstable, potentially lucrative and more of a novelty than an actual payment method that people use on a daily basis. Retailers who