Bitcoin News Jan 31, 2014

US Treasury confirms Bitcoin miners and investors won't be regulated

The Verge-

Bitcoin miners and investors will not be regulated by the US Treasury. The clarification came in a pair of rulings yesterday from the Financial ...

Bitcoin to be regulated in 10-20 years: Digital CEO

"Today it is clearly highly volatile," said Allaire. "Just to put it in perspective, the total volume of bitcoin that trades on any given day is 30,000 to 50,000 bitcoins — that is like a small cap stock. So when you have low volume, low liquidity and ...CNBC · ByKaty Barnato · 

Can Bitcoin Save the Postal Service?

The U.S. Postal Service Inspector General’s office is looking at disruptive technologies to bolster the finances of the nation’s ailing post offices. The latest idea? Jump on the Bitcoin bandwagon. Possibilities include putting Bitcoin ATMs ...Bloomberg.com · 

Vera John Accepts BitCoin, Playtech Partners Casino Technology

First up, approved online operator Vera John is the first regulate online casino to announce it will accept the BitCoin virtual currency from new and existing customers. “One of our key company values is innovation and …casinoscamreport.com ·


 

Bitcoin back: Major exchange resumes yuan trading

Virtual currency bitcoin received some good news on Friday with one of the most prominent exchanges in the world resuming trading after a clampdown by the People's Bank of China (PBoC) in December. BTC China is …CNBC · ByMatt Clinch · 

Bitcoin’s Fate Is in the Hands of Clueless Regulators
Wired News · New York County District Attorney Cyrus R. Vance Jr. (left) and Deputy District Attorney for the Southern District of New York Richard B. Zabel testify at a…

Analysis: To grow, Bitcoin may need to shed its world of intrigue

money laundering and computer hacking. Prosecutors accused Ulbricht of involvement in the anonymous Internet marketplace Silk Road, which they said sold drugs and criminal services in exchange for Bitcoins. Ulbricht …Reuters · ByEmily Flitter

Bitcoin ‘Ponzi’ Concern Sparks Warning From Estonia Bank

The central bank of Estonia, where Swedish banks dominate the lending ... This month Sweden’s biggest Bitcoin exchange, Kapiton, was reported to the police and the National Board for Consumer Disputes after a …Bloomberg · ByOtt Ummelas andMilda Seputyte

Financial Express

Analysis: To grow, Bitcoin may need to shed its world of intrigue

Reuters-

Shrem, who resigned as vice chairman of the Bitcoin Foundation after ... two days of testimony about Bitcoin regulation to a panel of financial ...

Mint integrates with Coinbase, so you can track Bitcoin with the rest ...

VentureBeat-

The wild ride of Bitcoin's value is slowing down, and we are beginning to see the effects of that stability. Personal finance app Mint is integrating ...
Washington Post (blog)

 

BITCOIN: How It Works, And Why It Could One Day Threaten Legacy ...

Business Insider-

Bitcoin is most often discussed as a volatile digital currency, beloved by some, derided by others. But where Bitcoin's real value lies is as a ...

CoinDesk

Visa's Earnings Call Sheds Light On EMV, Bitcoin And V.me

Business Insider-

Visa is paying attention to Bitcoin: "It's early days in terms of what Bitcoin is and what it will be. We're certainly paying attention to it ... There is ...

SmartMetric's Payment Card Can Help Bitcoin Surpass Top ...

MarketWatch-

The SmartMetric Biometric Bitcoin Card is the world's first biometric, fingerprint ... The card offers the benefits of bitcoins such as peer-to-peer...

You Can Now Pump Gas for Bitcoin in the Rocky Mountains

CoinDesk-

A gas station in the US now lets customers fill up with bitcoin, making it likely to be the first business that allows the purchase of fossil fuel using...

Mint personal finance tool embraces Bitcoin, but as an investment - not cash

Las Vegas may not be interested in letting gamblers use Bitcoin, but in yet another sign that the crypto currency is edging into the mainstream, Mint.com now lets you track your Bitcoin wallet. The new feature for the …PC World ·

 

Dogecoin Weakens Bitcoin Dependency as US Dollar Exchange ...

International Business Times UK-by David Gilbert-

From today users can buy or sell dogecoin for US or Canadian dollars, no longer having to first convert their money to bitcoin and then convert...

Estonian Central Bank Warns Bitcoin May be a ‘Ponzi Scheme’

With the statements, Estonia appears to be following its eastern neighbor Russia in taking a more skeptical approach to virtual currency. On 27th January, the Bank of Russia issued warnings suggesting bitcoin users …coindesk.com ·

Influential Bitcoin exchange BTC China begins accepting Renminbi deposits after 6-week block

BTC China, until recently the world’s largest Bitcoin exchange, has begun allowing users in China to make deposits in their local currency (Renminbi ... domestic currency deposits with enough time to take advantage.

Show me the money: HK in 'biggest ever' Bitcoin giveaway

Straits Times-

A promotional model distributes lai see packets filled with bitcoin coupons to pedestrians to mark the Chinese New Year in Hong Kong on Jan...

Bitcoin Goes Boom

In the last year, many companies -- including Overstock.com, Newegg, and, most recently, TigerDirect -- announced that they would start accepting bitcoins as payment. Wider adoption of Bitcoin could help put a dent …foreignaffairs.com ·

Shrouded in mystery, Bitcoin catches on in Las Vegas

Jalisco Cantina owner Ross Williams first let a customer pay with Bitcoin last year. He received two bitcoins for a $30 tab. "At the time, they were worth $15 apiece," Williams said. But he saw potential in this alternative …Fox 5 KVVU-TV · ByDoug Johnson · 

Bitcoin News Jan 29, 2014

Now Trade Bitcoins Between Exchanges with ForexMinute’s Educational Tools

ForexMinute, one of the world’s leading forex news portals is now offering education tools to traders to learn trading Bitcoins between exchanges. ForexMinute, one of the world’s leading forex news portals is now …northforkvue.com

Vera&John Becomes the First Licensed and Regulated Internet Casino to Accept Bitcoin

The online casino will not hold bitcoins and thus would not experience ... For more bitcoin news follow PFhub on Twitter or bookmark this page.pfhub.com

Bitcoin Is Experiencing Its Longest Stretch Of Price Stability In A While Business Insider- Bitcoin is experiencing its longest period of price stability in months, a trend that could help allay concerns that the digital currency is just too ...

Plus500 Review Makes Your Bitcoin Trading Easy | Forex Minute Blog‎

View shareYou may be curious how to make your Bitcoin trading experience easy and better,
the answer is that to look out for the Plus500 'Signup Bonus' ...

Holbrook Energy to accept Bitcoins for Oil and Gas Royalties

Jet Blue Van Lines, a new moving company in Chicago, IL, has recently unveiled a customer loyalty coupon that offers returning customers $100 off moving costs. ... Those in the market for a new home have always had …newswire.net ·

Everything You Need to Know About Today's New York Hearing on ... CoinDesk-by Emily Spaven- The New York Department of Financial Services is shortly to begin its hearing about bitcoin and other digital currencies. Taking place in the

Bitcoin and Money Laundering? We're Shocked.

Motley Fool-

On Monday it was announced that the U.S. Department of Justice had arrested Charlie Shrem, CEO of the Bitcoin company BitInstant, to charge ...

IRS continues to remain silent on Bitcoin tax liability Digital Trends-by Mike Flacy- Mentioned by the National Journal this week, anyone that's curious how to report Bitcoin earnings on their 2013 tax filing this year has yet to ...

New York ponders “BitLicense” for virtual currency

(gigaom.com) -- “Serious people — in the technological and investment community — are taking virtual currencies seriously.” Those were the words of a senior New York financial regulator, who spoke on Tuesday to investors and Bitcoin ...CNN Money · ByJeff John Roberts 

 

Land Rover of Redwood City, CA Sells First Land Rover with Bitcoin Using BitPay

ATLANTA--(BUSINESS WIRE)--BitPay Inc., the world leader in business solutions for virtual currencies, announces that Land Rover of Redwood City California is it’s most recent business to start accepting bitcoins …businesswire.com 



Bitcoin's Value Lies in What It Says About New Payment Forms

eWeek - The true value of Bitcoin can be found in what it says about payment and money in today's highly connected world, a Gartner analyst maintains.

DriveSavers Now Recovers Lost Money, Successfully Retrieves Bitcoins

Experts at DriveSavers Data Recovery have been recovering valuable data for more than 27 years. As such, DriveSavers sees new types of challenges nearly every day and is constantly evolving to keep pace with the ever-changing technology landscape.Boston.com 

The Bitcoin ATM Has a Dirty Secret: It Needs a Chaperone

Wired-by Robert McMillan-

Jackson Warren (left) and Mitchell Demeter cast their eyes over Robocoin, the world's first bitcoin ATM. Photo: David Ryder/WIRED.

Bitcoin: Anonymous Unregulated Image Seems a Clever Marketing Ruse

As for bitcoin being unregulated, that claim for now still appears to hold some water. Some structural issues were discussed withe the self regulation model, when it was shown that in theory, a monopoly on the mining …guardianlv.com 



New website lets you trade Starbucks gift cards for Bitcoin

Digital Trends (Andrew Couts) - A new Web service, dubbed Card for Coin, is doing its part to lower Bitcoin's barrier to entry by letting users trade in Starbucks gift cards for Bitcoin.

This map shows which countries are friendly to Bitcoin Washington Post (blog)-by Andrea Peterson- As public interest in Bitcoin rises, it can sometimes be hard to figure out exactly what local laws apply. Even in the United States, the regulatory ...

Bitcoin/USD: New York e-currency talkfest seeing unlikely alliances

iNVEZZ.com, Wednesday 29 January: Yesterday saw commencement of the New York Department of Financial Services hearing on virtual currencies, with bitcoin aficionados scrambling to distance themselves from

Bitcoin surges in popularity in North American

BEIJING, Jan. 28 (Xinhuanet) –The Miami Beach Convention Center in Florida was the chosen venue for the first-ever North American Bitcoin Conference, this past weekend. Savvy Startups trying to mint fortunes from …Xinhua News Agency

 

Bitcoin, Litecoin, Dogecoin and More All Report Heavy Losses in Wake of Shrem Arrest

Fedora suffered the heaviest 24-hour loss, tumbling almost 45%, while the world's most valuable crypto-coin, 42 Coin, fell by 16% to $258,486 per coin. This currency is an anomaly ... The widespread losses also come …smallbusiness.yahoo.com

Bitcoin poker gaining popularity among online casinos

Cryptocurrency has begun to take firm hold of the online casino scene in 2014 with an increasing number poker sites accepting Bitcoin (BTC) as a deposit method. January was a particularly interesting time in the …examiner.com 

Meet The 'Bitcoin Millionaire' Arrested For Allegedly Helping Silk Road Launder $1 Million

The Bitcoin community faces a major publicity crisis this week with the arrest of BitInstant CEO Charlie Shrem on charges of money laundering for users of the digital black market known as Silk Road. Shrem, though …Houston Chronicle

 

World Mobile (WMHI) Explores Applications with Bitcoin

World Mobile Holdings, Inc. (OTCBB: WMHI) is pleased to announce the following news: The company's engineering team, advisory by Dr. Thomas Lu, the senior research fellow at Jet Propulsion Lab of CIT, is exploring the application of its proprietary …StreetInsider 

Bitcoin News Jan 27, 2014

Rumors Fly about Google and Amazon Accepting Bitcoin JOSIC: News, Sports, Style, Culture & Technology- In the email, Ramaswamy wrote, “we are working in the payments team to figure out how to incorporate Bitcoin into our plans.” Malik got a huge ...

Google Chrome Add-On Turns Your Browser Into A Bitcoin Wallet

As more than 1,200 Bitcoin community members converged on Miami Beach for the first North American Bitcoin conference this past weekend, Andrew Toth, a software engineer from Toronto, Canada, decided to put together an add-on for the Google ...Forbes 

REPORT: CEO OF BITCOIN EXCHANGE ARRESTED

The CEO of BitInstant, a Bitcoin exchange, has been arrested at JFK airport for running an illegal wire service, the New York Post's Kaja Whitehouse reports. Charlie Shrem is also a vice chairman at the Bitcoin …The Business Insider

Plus500 Review Makes Your Bitcoin Trading Easy ForexMinute.com (blog)- You may be curious how to make your Bitcoin trading experience easy and better, the answer is that to look out for the Plus500 'Signup Bonus' ...

Washing virtual money

In Bitcoin and many similar systems, public-key cryptography underlies the secret that currency owners possess. Bitcoin users create addresses by using encryption software to create a public/private key pair which …The Economist 

Banks Remain Cautious, Washington Pot Entrepeneurs Turn To ...

KUOW News and Information-

In the meantime, Green said his medical marijuana dispensaries are going to accept the digital currency Bitcoin. He concluded that the novel ...

New York Duels California to Write Bitcoin Rules

California and New York, home to Silicon Valley and Wall Street, are preparing to write rules of the road for entrepreneurs driving a ... form a geographic hub for U.S. startups. “If a state becomes Bitcoin-friendly, it will …Bloomberg


Bitcoin Startups Seek Ways To Provide FDIC-Style Insurance

Welcome to our new Payments Insider newsletter, a morning email with the top news and analysis on the digital payments industry, produced by BI Intelligence. Click here to sign up for Payments Insider today, and …The Business Insider

Op-Ed: Why Bitcoin will go mainstream in 2014

Last week news emerged that two Las Vegas Casinos have become the first of their kind to accept Bitcoin as legal tender, marking another milestone for the crypto-currency. It’s an auspicious start to the year for the …Digital Journal


New Bitcoin billboards preach to the masses in San Francisco Bay Area

40 billboards like this have popped up around the San Francisco Bay Area in recent weeks. Cyrus Farivar OAKLAND, CALIFORNIA—For the last month, 40 mysterious billboards have popped up in seemingly random …Ars Technica 

Bitcoin Trends In 2014: Coinbase, Susquehanna Interview Highlights ValueWalk- Coinbase, the largest U.S. Bitcoin operator, and Susquehanna analysts James Friedman and Meghna Ladha got together last week for a ...

Five Weirdest Things I Learned at the North American Bitcoin ... New Times Broward-Palm Beach (blog)- I was officially inducted into 'Bitcoin Land' yesterday, and I'm not sure where the exit is. That's OK though, I might have to hang out in this ...

Out in the Open: Teenage Hacker Remakes Web in the Image of Bitcoin

Most people think of bitcoin as a form of money, if they think of bitcoin at all. But 19-year-old hacker Vitalik Buterin sees it as something more — much more. He sees it as a new way of building just about any internet …Wired News 


Bitcoin Seen as Save Haven in Brazil Boosts Online Trade

Brazil’s sinking real and quickening inflation are helping the country’s biggest bitcoin brokerage drum up buyers for the virtual currency. Rodrigo Batista, president of online brokerage Mercado Bitcoin, said trading volume climbed to 10.5 ...Bloomberg · ByBlake Schmidt

Bitcoin payments will face big challenges heading to brick-and-mortar (but it’ll get there)

The customer can be asked to make an initial deposit to a special account (similar ... which — as the creators claim — enables Worldcoin acceptance in the brick-and-mortar merchant environment without design …Venturebeat.com

Bitcoin: The Currency Of The Future?

Saturday January 25, marked the start of the Miami Bitcoin conference. When I first told my partners I planned to attend, one asked “Why go to a conference when you can read about it on Wikipedia?” There were two answers to that question.Forbes


Bitcoin could be crime-fighter against credit hacks

New York Post - Signs on window advertise a bitcoin ATM machine that has been installed in a Waves Coffee House in Vancouver, British Columbia. Photo: Reuters...

More Canadian businesses accepting Bitcoin CTV News- A small number of Canadian businesses now accept Bitcoin, the digital currency that made its debut five years ago, and has been gaining ...

 

NimbusMining and Butterfly Labs Take Bitcoin Mining to the Masses

PR Newswire (press release)-

Together they will provide cloud-based bitcoin mining services that are available for purchase today and running immediately on Butterfly Labs ...

Training Classes now Offered in India on Bitcoin JOSIC: News, Sports, Style, Culture & Technology- Koening Solutions, an IT training institution in India is now offering students a course on bitcoin. The course if a four-day program, and includes ...

Bitcoin targets payments business of giants Visa to JPMorgan

Hamilton Spectator-

WASHINGTON — Entrepreneurs from Silicon Valley to Wall Street say they don't care much for Bitcoin as a currency to supplant the U.S. dollar.

KryptoKit Partners With BitPay for Two-Click Shopping CoinDesk-by Jon Southurst- KryptoKit, the secure bitcoin wallet and encrypted message plugin for Chrome browsers, has partnered with BitPay to integrate a 'two-click' ...

The A,B,C of virtual currency Bitcoin gulfnews.com- Trading at less than five cents in 2010, the market value of one Bitcoin exceeded US$1,200 (Dh4,407) in November 2013. Currently, there are ...

Bitcoin ATM Lands In Toronto As Digital Currency Goes Mainstream

The best way to strike up a conversation ... That’s because this is the first meeting at Bitcoin Decentral, one of Canada’s first physical spaces dedicated to the currency that exists only as software — no bills or …The Huffington Post 

Presidential Candidate and Two Political Campaigns Accepting Bitcoin Contributions

Early last year, Darryl W. Perry became the first 2016 presidential candidate to announce that he will be accepting campaign contributions in precious metals, bitcoins (BTC) and litecoins. With two years away until the …pfhub.com 

Bitcoin's Spending Power Increases With Support From Naughty ...

Sacramento Bee-

27, 2014 -- /PRNewswire/ -- Adult entertainment company Naughty America, is now the latest company to adopt the digital currency, Bitcoin, ...