Bitcoin News Apr 10, 2014

PR Web (press release)-
Toronto makes a fitting location for the Bitcoin Expo on April 11-13, as it has recently emerged as a global hub for Bitcoin with the installation of ...



“Chinese businesses began receiving official deposit shutdown notices from banks, confirming recent suspicions of an impending crackdown,” Jon Southurst wrote at CoinDesk, an online bitcoin news site. The notices …Wall Street Journal · ByPaul Vigna


Exchanges will stop account recharging via bank accounts between now and 15th April. Even though the news has been anticipated for over a week now, bitcoin prices internationally sank to under $410 after companies …Coin Desk


The mixed news and reviews of Bitcoin leave the public to wonder: Is Bitcoin on its last legs, or will it become a part of the mainstream payments infrastructure? What problems does this new currency solve compared …Retail Customer Experience 

How much would you pay for this painting of 200 Bitcoins?

SFGate-seattlepi.com (blog)-
Now German artist Kuno Goda has given bitcoin the same treatment, with his work “200 Bitcoins.” The work, which was priced at 199 BTC ...


 

How I created my own bitcoin-like currency

CNBC.com-
When I first heard of bitcoin, I thought it was a scam — maybe even a scheme — and definitely the mother of all bubbles. In fact, you can even ...



 
 
 
NOT so long ago, China looked to be the promised land for crypto-currencies. Bitcoin and its rivals were traded freely and online exchanges proliferated. On one estimate, China accounted for more than half of the …The Economist online

 
Dissatisfied customers of a Haverford company that builds and sells Bitcoin “miners” claim in a federal civil suit that they have been damaged by slow delivery times in the extremely competitive world of online currency generation.Delaware County News Network


The drop has been mirrored across almost all major cryptocurrencies, causing a market-wide crash. News earlier today that bitcoin exchanges in China had announced the suspension of bank transfers from customers …International Business Times


Local clients have published letters received by the National Australian Bank (NAB) in which it warns that it’ll be shutting down accounts associated with bitcoin. CoinDesk was the first outlet to break the news after …Personal Finance Hub


iNVEZZ.com, Thursday, April 10: The National Australia Bank (NAB) is severing ties with companies whose primary business is trading in bitcoin and other cryptocurrencies after assessing that they pose too much risk …Invezz 

Beyond Bitcoin: Crypto-Ownership Companies Hope You're Ready ...

Forbes-by Kashmir Hill-
It's a concept that's been around for years as readers of sci-fi authors like Neal Stephenson know, but now that Bitcoin has managed to ...


 

Behold JuggaloCoin, a Bitcoin-like currency just for Juggalos

The Guardian-CNET-
Insane Clown Posse fans take heed: now there's a new way to buy black-and-white face makeup, Faygo, and HatchetGear. by Dara Kerr.


 

Here's What Happens When a Bitcoin ATM Comes to Congress

Wall Street Journal (blog)-National Journal-
 
He was almost 30 minutes into a news conference Tuesday called to show off Robocoin, the "world's first bitcoin ATM." But the Colorado ...

Bitcoin Mining May Be Hitting A Wall

Business Insider-
Today, Stockholm-based KnCMiner, among the most successful Bitcoin mining rig manufacturers in the world, announced it was starting up a ...


 

Bitcoin players knock on Washington doors

CNN - Canada-
Bitcoin companies are hiring lobbyists, visiting lawmakers on Capitol Hill and writing to agencies about how they should write rules that will ...


 

Bitcoin firms dumped by National Australia Bank as 'too risky'



The Guardian-
bitcoin The National Australia Bank is bursting bitcoin's bubble by cutting ties to digital currencies. Photograph: Lucas Jackson/Reuters.




Winklevoss Interview: Bitcoin Payment System Worth $400 Billion

The Guardian (blog)-Investopedia-
The bull case for Bitcoin is often expressed as an estimate of the future value of all Bitcoin in circulation once it reaches its potential. The most ...






The IRS Takes A Position on Bitcoin
For those hoping to profit directly from bitcoin’s fluctuations in value, this is good news, as the rules for capital gains and losses are relatively favorable to taxpayers. This characterization also upholds the way some …Wall Street Pit · ByLarry M. Elkin 




What Bitcoin Users Need To Know About Heartbleed
In short, update everything that touches your bitcoin and don’t trust exchanges that haven’t explicitly explained their position on the exploit. Want more bad news? You should assume that all your usernames and …TechCrunch · ByJohn Biggs


WASHINGTON (Reuters) - The Justice Department will have to be creative in order to make sure criminals do not use virtual currencies such as Bitcoin to secretly move funds, Attorney General Eric Holder said on …Yahoo News · ByAruna Viswanatha · 1 day ago




Bitcoin Weekly 2014 April 9: The Heartbleed bug edition
to make certain users, APIs, and web services affected had been fixed. In the more staid news, the San Jose Quakes plan to accept bitcoins at their new stadium; and ad agency Joystick Interactive is giving a 20% …Silicon Angle 




Fla. bitcoin case tests money laundering limits
But instead of briefcases stuffed with a drug dealer's cash, this exchange involved an undercover officer with supposedly stolen credit cards and the virtual currency bitcoin. The February arrests of Pascal Reid and Michell …Yahoo News · ByCurt Anderson 




Bitcoin Believers Say It’s Poised for Rebound Once Dust Settles
Bitcoin’s price peaked at $1,147.25 on Dec. 4, according to an index provided by news provider Coindesk, but has since fallen to $450.61 due to the demands of the U.S. taxman and a string of negative news. “These …Wall Street Journal 

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