Archive for the finance Category

Bitcoin should not be seen as a currency, warns Ernst & Young

Bitcoin should not be seen as a currency, warns Ernst & Young

11 Dec 2013 / The Guardian – Bitcoin does not need to replace normal currency in order to have a future, according to an expert on digital currencies from professional services firm Ernst & Young. Speaking at an event in London, Roger Willis, who has been following

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PubNub, MtGox’s Price Streaming Partner, Now Offers Data To Other Bitcoin Exchanges

PubNub, MtGox’s Price Streaming Partner, Now Offers Data To Other Bitcoin Exchanges

11 Dec 2013 / Tech Crunch – PubNub has built a business around offering APIs that let developers stream different services such as messaging and other interactive services in their apps and websites. Today it’s adding a new module that focuses specifically on Bitcoin, the cryptocurrency du

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Bitcoin Mining Reaches New Level With $2,000-a-Day Neptune Rig

Bitcoin Mining Reaches New Level With $2,000-a-Day Neptune Rig

11 Dec 2013 / International Business Times – Billed as the ideal Christmas present for the bitcoin user in your life, the Neptune mining rig claims to produce 2.1 coins per day – meaning you’ll have $2,000 worth by Boxing Day. Sweden-based KnCMiner is offering the Neptune

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China bitcoin arbitrage ends as traders work around capital controls

China bitcoin arbitrage ends as traders work around capital controls

11 Dec 2013 / Reuters – The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China’s capital controls. Chinese bitcoin chat rooms buzzed last month as investors noticed that the digital

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Bitcoin reshaping future of money

Bitcoin reshaping future of money
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KryptoKit Lets You Pay In Bitcoin Instantly On Almost Any Webpage

KryptoKit Lets You Pay In Bitcoin Instantly On Almost Any Webpage

10 Dec 2013 / Tech Crunch – There have been a few Bitcoin wallets available for Chrome and other browsers but how about one that searches for Bitcoin addresses on the pages you visit and allows for one-click payment from your BTC stash? KryptoKit, launched today at

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Chase-ing Bitcoin: Is JPM Preparing To Unveil Its Own Electronic Currency?

 Chase-ing Bitcoin: Is JPM Preparing To Unveil Its Own Electronic Currency?

10 Dec 2013 / Zerohedge – If you can’t beat ’em, join ’em, copy ’em, and then beat ’em. While everyone’s attention has been glued to Bitcoin (and its various smaller and less viable for now alternative digital currencies), JPMorgan has submitted a patent which appears to

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Apple blocks bitcoin payments on secure messaging app Gliph

Apple blocks bitcoin payments on secure messaging app Gliph

10 Dec 2013 / The Guardian – Apple has forced a secure messaging app to remove the ability to send bitcoin payments or be booted off the the iOS App Store. The move reinforces belief that the company has an unstated policy against allowing bitcoin apps on

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PayPal president David Marcus: Bitcoin is good, NFC is bad

PayPal president David Marcus: Bitcoin is good, NFC is bad

10 Dec 2013 / CNET – PARIS — Online payments will look completely different in the next decade, and Bitcoin has a better chance at revolutionizing commerce than the NFC tap-to-pay technology, PayPal President David Marcus predicted Tuesday. “I really like Bitcoin. I own bitcoins,” Marcus said

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3 reasons bitcoins aren’t in your wallet yet

3 reasons bitcoins aren't in your wallet yet

10 Dec 2013 / PC World – As Bitcoin’s popularity grows, so does talk about its standing as legal tender, but there are lingering issues that need to be sorted out before people start using Bitcoin to buy everyday things, experts said on Monday. Bitcoin has been

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