29 April 2013

Headlines Canadian banks tell BTC exchanges, ‘Take off’A number of Canadian bitcoin exchanges are running into regulatory challenges, as the country’s big banks move to close their accounts, in many cases without explanation. Earlier this month, the Royal Bank of Canada closed the accounts of Calgary-based VirtEx as well as Canadian Bitcoins, an Ottawa-based bitcoin […]

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26 April 2013

Headlines Would web sales tax bring bitcoin ‘bump’?If the Cyprus bank “haircuts” are inspiring savers to take a new interest in bitcoin, the Marketplace Fairness Act could do the same for online retailers. The proposal, currently working its way through the US Senate, would require web-based businesses to collect sales taxes from online customers based […]

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25 April 2013

Headlines Could bitcoin ATMs take currency mainstream?If a Canadian entrepreneur has his way, we could soon see the bitcoin equivalent of a cash machine gracing our shopping malls. Jeff Berwick plans to install a bitcoin ATM in San Diego early next month. The machine will be similar to a regular ATM, but instead of simply dispensing […]

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24 April 2013

Headlines Volatile bitcoin has limited usefulness, profs sayBitcoin’s value is likely to remain volatile, which will limit the digital currency’s usefulness, according to a select group of economics professors across the US. The IGM Economic Experts Panel — 38 academics from Harvard, Yale, Stanford, Princeton, the University of Chicago, the University of California-Berkeley and the […]

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23 April 2013

Headlines From ‘Cokehead currency’ to Robin Hood heroics?Wall Street analyst says VCs could help boost bitcoin’s legitimacy and protect it from over-regulation by urging its use by charitable organizations. Security guru confesses, ‘I couldn’t hack bitcoin’Bitcoin may have been through some hard times lately, what with DDoS attacks, exchanges closing down and massive price fluctuations. […]

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22 April 2013

Headlines Argentina trades $50k of bitcoinsA record $50,000 of bitcoins were traded in Argentina during the second week of April. Bitcoin’s sixfold price increase this year is enticing to Argentines whose savings have been taking a hit from 25% annual inflation. Local agent Rodolfo Andragnes said that while local trading of bitcoin still equals less […]

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19 April 2013

Headlines Bitcoins for Boston launchesA Kansas resident has started a bitcoin fundraising campaign to raise money for a Boston hospital, in response to the Boston bombing. Trey Copeland registered bitcoinsforboston.com on April 16, the day after the bombings in Boston, which struck at 2:50pm eastern time. The site asks for people to donate bitcoins to […]

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18 April 2013

Headlines Pay that parking ticket with bitcoins?E-Gov Link, a hosted application provider for government agencies, says it is integrating bitcoin payments into its suite of products, paving the way for local governments to let citizens pay their bills with the digital currency. E-Gov Link said it made the decision following the recent US Department of […]

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17 April 2013

Headlines $500k in funding paves way for bitcoin tradingNew York City-based bitcoin startup Coinsetter has taken its first outside investment by closing a seed round of funding totaling $500,000. The round was led by Barry Silbert, the CEO and founder of SecondMarket, and tech entrepreneur Jimmy Furland. Silbert invested in the company through his Bitcoin […]

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16 April 2013

Headlines OpenCoin aims to build a better digital currencyDigital currency promises to solve some problems of the “real money” world, among them the difficulty of making quick, secure global payments without having to pay a middleman steep fees to exchange one currency for another. While bitcoins have proven they can do the trick, the currency […]

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15 April 2013

Headlines ‘Zerocoin’ widget promises Bitcoin privacyResearchers at Johns Hopkins University are proposing a cryptographic extension to bitcoin that could enable fully anonymous transactions on the network. The extension, called Zerocoin, works – as NewScientist explains it – by “allowing bitcoin users to leave their coins floating on the network for someone else to redeem, on […]

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13 April 2013

Headlines A week is a long time in Bitcoin worldThis week the price of a Bitcoin soared to more than $260 – albeit for a short period of time. This was helped by a surge in media interest. This week has seen the number of articles on Bitcoin and virtual currency explode to an all […]

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1 April 2013

Headlines What is the price of a bitcoin?What determines the value of a bitcoin? You might as well ask, “What determines the value of a dollar?” (Or a euro or a yen … or even gold.) The basic economics of supply and demand helps to account for much of the value of anything: if more […]

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