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‘Bitcoin’ becoming a bit too big; regulators scramble for norms

On December 1, 2013 / companies, exchange, finance, politics

01 Dec 2013 / Economic Times – NEW DELHI: As Bitcoin becomes more popular day by day, regulators are getting worried about potential money laundering risks associated with this digital currency and its possible misuse by fraudsters to lure gullible investors into ‘e-ponzi’ schemes. Adding to the

Vicco to consider paying police chief in Bitcoin

On November 30, 2013 / companies, exchange, finance, politics

30 Nov 2013 / Logan Banner – VICCO – The city commission in Vicco is set to consider whether to begin paying the police chief’s salary in the virtual currency Bitcoin. Chief Tony Vaughn made the request during the commission’s regular meeting last week, explaining under his

Bitcoin campaign donations have regulators scratching heads

On November 30, 2013 / companies, exchange, finance, politics

30 Nov 2013 / LA Times – WASHINGTON — On the website for Jim Fulner’s U.S. Senate campaign, 34 letters and numbers appear in a string above the “Donate Now!” button. They are the code for his campaign’s bitcoin wallet, where holders of the so-called digital currency

Bitcoin payments with a simple tap? Multi-purpose nio Card gets added functionality

On November 29, 2013 / companies, exchange, finance

Nov 29 2013 / GigaOM – Bitcoin may be riding high, but spending it is still hardly an intuitive process. A new device called the nio Card, currently in Kickstarter mode, may provide an answer by allowing contactless Bitcoin payments — and because it has built-in NFC,

Bitcoin bubbles but will it burst?

On November 29, 2013 / companies, exchange, finance, mining

Nov 29 2013 / RT – After more than quadrupling in one month, many question whether bubble trouble is looming for bitcoin. Like it or loathe it, bitcoin is an entity of extremes. Not merely its value oscillations but also the vehemence with which its acolytes support

‘Cryptocurrency’ on the rise: Bitcoin tops $1K

On November 29, 2013 / companies, exchange, finance, mining, politics

29 Nov 2013 / USA Today – The value of the so-called cryptocurrency surged above $1,000 as it becomes easier to use as a way to pay and easier to access for investors looking for an alternative to gold. One Bitcoin was briefly worth $1,073 on Wednesday,

Bitcoin under pressure

On November 29, 2013 / companies, exchange, finance, mining, politics

29 Nov 2013 / Economist – Virtual currency: It is mathematically elegant, increasingly popular and highly controversial. Bitcoin’s success is putting it under growing strain. ALL currencies involve some measure of consensual hallucination, but Bitcoin, a virtual monetary system, involves more than most. It is a peer-to-peer

Bitcoin, you have a China problem

On November 28, 2013 / companies, exchange, finance, mining, politics

27 Nov 2013 / PandoDaily – By all metrics and accounts, bitcoin’s popularity is exploding across the People’s Republic of China. It now boasts the world’s most active bitcoin exchange, BTC China, the greatest number of bitcoin mining nodes, the highest number of bitcoin wallet downloads, and

Ask Dr. Bitcoin: How to avoid scams, a basic guide

On November 27, 2013 / companies, exchange, finance

27 Nov 2013 / SiliconANGLE – We at SiliconANGLE have been following the Bitcoin market and community for a while now and with each jump in valuation and press cycle comes new blood rushing in like a tide. As a result of new people entering the scene

Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

On November 27, 2013 / companies, exchange, mining

27 Nov 2013 / The Guardian – Buried somewhere under four feet of mud and rubbish, in the Docksway landfill site near Newport, Wales, in a space about the size of a football pitch is a computer hard drive worth more than £4m. It belonged to James

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