30 November 2013

Headlines Roger Ver, ‘Bitcoin Jesus’, Makes Largest Ever Bitcoin Donation of $1 MillionGlobetrotting bitcoin entrepreneur Roger Ver just made a $1 million charitable bitcoin donation after ‘losing’ a bet. British Island Wants to Make Physical Bitcoins with UK Royal Mint DealA tiny island in the English Channel, Alderney, wants to become a bitcoin financial services […]

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29 November 2013

Headlines One Bitcoin Was Worth MORE Than an Ounce of Gold TodayBitcoin has just exceeded the price of gold, which bitcoin advocates say is symbolic for the virtual currency. China’s Third-Largest Mobile Network Now Accepts BitcoinConsumers in China can now purchase smartphones with bitcoin from major carrier China Telecom. No Hiding Place in Bitcoin, Real […]

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28 November 2013

Headlines Litecoin Price Surges Almost 400% in 3 Days to $48Over the past three days, the price of cryptocurrency litecoin has skyrocketed, rising almost 400%. ZeroBlock Bitcoin App Expands Onto AndroidSince bitcoin’s recent surge in popularity, ZeroBlock has decided to expand its app onto the Android platform. Bitcoin Exchange Mt. Gox Adds ‘Extra Security’ With […]

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27 November 2013

Headlines Shopify’s Bitcoin Function is Out of Beta!Check out Shopify’s blog post about accepting Bitcoins here. Shopify lists these benefits of Bitcoin: Customers from around the world can check out with digital currency. The currency works just like cash. Transactions cannot be reversed by the buyer (unlike credit cards or PayPal). You can choose to […]

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26 November 2013

Headlines US Senate Homeland Security and Governmental Affairs Committee Hearing on Virtual Currencies Highlights (video)For those of you that were not able to view the US Senate hearings on Virtual Currencies [read: Bitcoin] do check out these highlights. Youtube user hromlery has been kind enough to highlight prominent US officials talking about Bitcoin.  Even one year […]

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25 November 2013

Headlines Exante’s Bitcoin Fund Reports YTD Performance of 4,847%The 2013 YTD performance statistics for The Bitcoin Fund released by Exante reveal a 4,847% return. Bitcoin Derivatives Platform BTC.sx Surpasses $13.5 Million in TradesBTC.sx predicted the market’s need for bitcoin derivatives. The platform now has over 2,000 registered traders. Bitcoin Payment Processor BIPS Attacked, Over $1 […]

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23 November 2013

Headlines 194,993 BTC transaction worth $147 Million sparks mystery and speculationBitcoin internet hangouts were buzzing today after noticing someone had shifted 194,993 BTC in one transaction. Korean Startup Coinplug Raises $400k, Half in Bitcoin, Half in FiatKorean wallet startup Coinplug takes bitcoin for half its $400,000 seed round investment. Sweden and Norway to add Bitcoin […]

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22 November 2013

Headlines Bitcoin Black Friday Entices Merchants to Accept Bitcoin for Holiday DealsBitcoin Black Friday is looking for merchants to sign on and accept BTC for the holiday shopping bonanza. China Central Bank Official: People Should be Free to Use Bitcoin ExchangesPeople should be able to use bitcoin exchanges without interference from banks, according to a […]

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21 November 2013

Headlines Associated Press “Jumps the Gun” with Misleading Headline about FEC DecisionA recent article out of Washington on www.abcnews.com, Yahoo! Finance, HuffPost, among others by Jack Gillum of the Associated Press is really pushing the limits on journalistic leeway in the context of eye-catching title fabrication. FEC: Donors Can’t Use Bitcoins for Contributions Read the […]

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20 November 2013

Headlines Bitcoin Faces Regulatory Push in Senate Banking Committee HearingYesterday’s banking subcommittee hearing in the Senate included many suggestions that bitcoin should be regulated. Over $1 Million Raised for Bail of Alleged Silk Road Owner Ross UlbrichtFriends and family of Ross Ulbricht have raised more than $1m bail money for the alleged Silk Road owner. […]

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19 November 2013

Headlines Senate Bitcoin Hearing Discusses Legitimacy and Challenges of Virtual CurrenciesDon’t bother running from regulation, said an agency director – because in the long term, there’s nowhere to hide. Sinister New Site ‘Assassination Market’ Enables Users to Contribute Bitcoins for Murder of US OfficialsAn anonymous Assassination Market has recently launched with six targets submitted, with […]

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18 November 2013

Headlines Why China is Leading the Global Rise of BitcoinInsiders offer a view of bitcoin in China: world’s largest exchange, rampant mining, and a population ready to invest. MatrixVision Wants to Make Bitcoin ‘Cleaner Than Cash’MatrixVision wants to make bitcoin “cleaner than cash”, helping related businesses to operate in the mainstream financial world. Bitcoin Foundation […]

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16 November 2013

Headlines US has Already Ceded Dominance in Bitcoin TradingLess than 2% of worldwide bitcoin trading and real-time market making occurs within US jurisdiction. Federal Agency Responses Reveal US Government Attitudes to BitcoinThe US Senate committee has revealed the responses it received to its previous requests for information on virtual currencies.

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15 November 2013

Headlines What Exactly Does the US Government Really Think of Bitcoin? Here’s the Story so FarWe look at some of the more significant events in bitcoin’s short but colorful legal history. Tens of Millions in the UK May Be Targeted by CryptoLocker Bitcoin RansomwareThe UK’s crime agency alerted people today after bitcoin ransomware scourge Cryptolocker […]

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14 November 2013

Headlines FinCEN, US Secret Service and Bitcoin Foundation among witnesses to speak at major hearing on bitcoinPatrick Murck, Jeremy Allaire and Jerry Brito are to speak at the US Senate hearing on bitcoin on Monday. Canadian mining company pays wages in bitcoin and plans new cryptocurrency exchangeMining company Alix Resources is paying contractors with bitcoin […]

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13 November 2013

Headlines FEC proposes rule allowing political campaigns to receive bitcoin donationsThe US Federal Elections Commission is proposing a measure that would allow election campaigns to accept bitcoin donations. Bitcoin’s cruel world: scams, thefts and the FBI’s influenceWe look at the recent scams and hacks that have caused people to lose a lot of bitcoins.

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12 November 2013

Headlines Czech bitcoin exchange Bitcash.cz hacked and up to 4,000 user wallets emptiedCzech Republic-based bitcoin exchange Bitcash.cz has been hacked and up to 4,000 customers’ wallets have been emptied. Online payment network Ripple Labs receives $3.5 Million in new fundingDecentralised online payment network Ripple Labs has received a further $3.5m in funding. Winklevoss twins: bitcoin […]

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11 November 2013

Headlines itBit raises $3.25 Million to build finance-grade bitcoin trading platformThe new virtual currency exchange has raised $3.25m, bringing its total funding to-date to $5.5m. $4.1 Million goes missing as Chinese bitcoin trading platform GBL vanishesChinese investors taste the darker side of bitcoin as a trading platform shuts down and $4.1m goes missing. Bitcoin exchange […]

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10 November 2013

Headlines Babberly uses its own virtual currency plus bitcoin to boost local search and shoppingBabberly has its own virtual currency called babberCRED. And bitcoin is being used as a complement to that. Bitcoin exchange CoinX is tackling the US market, state by stateCoinX is taking a step-by-step approach to US compliance, while also tackling European […]

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9 November 2013

Headlines Shopify officially integrates bitcoin as a payment option for its 70,000+ merchantsPopular e-commerce platform Shopify announced earlier today it would add a bitcoin payment option for its sellers. Canada Revenue Agency says tax rules apply to bitcoinThe Canada Revenue Agency has issued an official release on how to treat bitcoin for taxation purposes.

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8 November 2013

Headlines US man arrested for selling guns on Black Market ReloadedAs online black marketplaces proliferate a US man is arrested for selling guns on the Black Market Reloaded site. Judge orders bitcoin incubator CoinLab to hand over $2.4 Million in bitcoinsCoinLab has been ordered to cough up $2.36m to Bitvestment over breach of contract. Around […]

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7 November 2013

Headlines Subway sandwich shop in Russia now accepting bitcoin paymentsIn Russia and fancy a Subway? You can now use bitcoin to pay for it, and get 10% off. Federal Reserve economist says bitcoin is a remarkable technical achievementA member of the United States Federal Reserve banking system has written a very positive analysis of bitcoin. […]

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6 November 2013

Headlines Bitcoin Price Soars Over $266 and Hits a New All-Time HighThe bitcoin price just hit $300 on Mt. Gox. This is the highest it’s ever been. Florida cosmetic surgery center becomes first to accept bitcoinA Miami-based cosmetic surgery clinic specializing in plastic and reconstructive treatments now accepts bitcoin for surgical procedures. Brazilian magazine creates […]

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5 November 2013

Headlines Australian car company Tomcar now sells off-road vehicles for bitcoinsCar manufacturer Tomcar Australia claims to be the first automobile vendor to accept bitcoin. Bitcoin mining network vulnerability ‘not a big deal’A paper released yesterday suggested a major bitcoin vulnerability, but has been quick to draw dismissal from developers. High-profile investors reveal just how bullish […]

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4 November 2013

Headlines Farmers help bitcoin grow organically in ArgentinaOrganic farmers in Argentina are finding bitcoin to be a compelling solution when selling their produce. eBay president John Donahoe: PayPal may accept bitcoin in the futureThe president of eBay has revealed his company is preparing to expand the range of digital currencies it accepts. BTC China beats […]

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1 November 2013

Headlines Western Union: bitcoin isn’t ready for international money transfer yetBitcoin isn’t ready for primetime yet, says Western Union. But when it is, what will it look like? Big names’ big bitcoin bet, bugs bite bright idea, and forgetful fjord fellow finds fameCircle receives $9m, a major flaw is detected in Namecoin and a forgetful […]

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