Bitcoin News Mar 20, 2014

Moneynews-
Fortune noted Bitcoin is intended to protect investors against some of the same threats as gold, such as war, economic disaster or intrusive...



The minimum deposit in the Bitcoin Investment Trust (BIT), launched last September, is $25,000. SecondMarket currently has $54 million in assets under management, but capital may really start to flow into the BIT …


 

Bitcoin in a bit of bother

The London Economic-
Things have not been going well for the bitcoin experiment recently. There have been accusations of money laundering, enabling the global ...



 

Bitcoin Exchange Blames Data Center Provider for $100000 Theft

Data Center Knowledge-by Rich Miller-
A Bitcoin exchange is blaming its colocation provider for a security breach that left to the theft of about $100,000 in virtual currency.



 

2 Philippine daily dealsites to accept Bitcoin payments via Coins.ph

Tech in Asia-
Coins.ph launched in the Philippines last year offering a Bitcoin trading platform in the country. Following this, it is now set to provide a Bitcoin ...



 

The colossal arrogance of Newsweek's Bitcoin “scoop”

Ars Technica-by Joe Mullin-
Writer Leah McGrath Goodman said she had discovered the elusive creator of Bitcoin, hiding in plain sight. "Not even his family knew," she ...



 

$500000 in Bitcoin Just Bought Someone a Villa in Bali


CNBC.com-NBCNews.com-
A brand-new villa on the southern coast of Bali has just changed hands — for somewhere above 800 bitcoins. In what appears to be the largest ...



 

3 Celebs Jumping on the Bitcoin Bandwagon (and One Who Says ...


Entrepreneur-
Bitcoin isn't just for crypto nerds anymore. Legendary Hollywood stars, A-List rappers and pro athletes are jumping aboard the BTC buzz ...



 

In Hong Kong, Placing Their Bets on Bitcoin

New York Times-
Distributing envelopes to promote Bitcoin for the ANX exchange. Philippe Lopez/Agence France-Presse — Getty Images Distributing envelopes ...







Bitcoin Trading Exchange Spurns Thirsty SEC
Who doesn't love a romantic comedy about a staid conservative chasing a wild free sprit? Even when the uptight one is a major regulatory institution and the the free spirit is an online exchange for a digital currency?Gawker


Construction took place in July 2012, whereas Robocoin and Lamassu didn’t launch until the following year. If there aren’t any other contenders, maybe Albrecht should get the title.Coin Desk


MOUNTAIN VIEW (CBS SF) – The arrival of Silicon Valley’s first Bitcoin ATM in Mountain View may not herald the dawn of a virtual currency for the masses. The machine to be unveiled Thursday at an e-commerce …Sanfrancisco cbslocal


Robert Wagner, who bills himself as an independent analyst, noted in a report on the Seeking Alpha website last week titled "PayPal Could Be EBay's Alibaba" the similarity to how Yahoo's value is underpinned by its 24% holding in China e-commerce …Seeking Alpha


Yes, as with anything speculative, it is risky. However, blaming illegal transactions on Bitcoin, which much of the mainstream media seems to do (with notable exception of The New York Times and Forbes), is like …iMedia Connection


What’s one of the biggest things in the market today that angel investors are pouring their money into? Bitcoin startups, an industry that received $117 million to this date in investments from venture capitalists …Personal Finance Hub


A Bitcoin exchange is blaming its colocation provider for a security breach that left to the theft of about $100,000 in virtual currency. Ottawa-based Canadian Bitcoins says that staff at the Rogers Data Center failed to …

Here's How to File Bitcoin Income on Your Tax Return

Slate Magazine (blog)-
The question of whether bitcoins are taxable is really not much of a question at all if you look at the way income is defined, and the way courts ...




SecondMarket Seeks to Open Bitcoin Fund to Ordinary Investors

Business Insider-Wall Street Journal-by Paul Vigna-
SecondMarket, which launched the Bitcoin Investment Trust last September to cater to wealthy investors, has started lining up lawyers and ...
 

Facebook Security Director, Amazon BD Director Join Bitcoin ...

Venture Capital Post-TechCrunch-by Alex Wilhelm-
After the world's former leading Bitcoin exchange Mt. Gox filed for bankruptcy, the entire Bitcoin ecosystem has entered yet another period of ...
 



 

Bitcoin's software gets security fixes, new features

Australian Techworld-PCWorld-by Jeremy Kirk-
The software driving Bitcoin's network was upgraded Wednesday, with security fixes addressing a problem that defunct bitcoin exchange Mt.
 




 

Susan Tompor: What's the value of bitcoin? Heading for $10 or ...

CNBC.com-Detroit Free Press-
Honestly, who doesn't look twice when you hear that the value of the virtual currency bitcoin was just around $20 early last year but shot up to ...



 

Fortress, Benchmark and Ribbit Buy Stake in Pantera Bitcoin

New York Times-
Several prominent investment firms are joining forces to buy stakes in one of the biggest Bitcoin operations in the world. The publicly traded ...







Bitcoin firms explore U.S. rules for derivative exchanges
Regulators have stepped up their efforts to rein in bitcoin after incidents such as the collapse of Mt. Gox, a Tokyo-based exchange that filed for bankruptcy after losing an estimated $650 million worth of customer …Thomson Reuters · ByDouwe Miedema


Both assets attract a certain type of investor, but which will protect you against the worst? FORTUNE -- Call it a battle of the doomsayers. In some corners of the Internet -- where topics such as the collapse of the …CNN Money


Even as the buzz about bitcoin continues, regulators and financial advisors have begun cautioning consumers that the virtual currency may not have a place in their portfolios. Both the Financial Industry Regulatory …CNBC


FORTUNE -- Last December, I wrote that Fortress Investment Group was preparing to launch a fund that ... RELATED: Is Bitcoin Silicon Valley's new version of real estate? "About a year ago I put all of my professional …CNN Money · ByDan Primack 

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