‘Bitcoin 2013: the Future of Payments’: May 17 – 19
When more than 500 bitcoin experts and entrepreneurs gather in San Jose, California, on May 17 - 19, 2013, for Bitcoin 2013, CoinDesk will be there.
When more than 500 bitcoin experts and entrepreneurs gather in San Jose, California, on May 17 - 19, 2013, for Bitcoin 2013, CoinDesk will be there.
Forbes tech writer Kashmir Hill tries going for a week living on nothing but bitcoins.
Backed by funding from his brother Barry, Alan Silbert launches BitPremier, a high-end marketplace for bitcoin's wealthy.
Amazon is launching its own currency later this month. Amazon Coins will only be exchangeable for Kindle applications and games and initially US only.
eBay CEO John Donohoe says the company's PayPal division is weighing the possibility of accepting bitcoin payments.
A new service is offering people bitcoins for old smartphones. Traade will pay for phones in the Ecoin and will then recycle them.
Every day, more businesses add bitcoin as an option for payment. Here are profiles of 10 businesses, online and off, that have adopted bitcoin for payments.
A group of US filmmakers is using bitcoin to crowdfund its documentary on the rise of the virtual currency. “The Rise and Rise of Bitcoin,” about a computer programmer obsessed with the virtual currency, explores the competitive mining market and the startups involved in the bitcoin community. The movie is being produced by 44th Floor […]
The president of PayPal says he’s intrigued by bitcoin and is thinking about adding the digital currency as a funding instrument for the popular online payments processor. “I’ve been spending a lot of time looking at it (bitcoin), and it’s truly fascinating the way the currency has been designed … ,” David Marcus said in […]
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 money from a bank account, it […]
Investing in bitcoins can be risky. So it’s probably not surprising that starting a bitcoin currency exchange is risky too. Online bitcoin exchanges have a failure rate of 45 percent, with customer balances often wiped out, a new study has found. “Bitcoin is expressly designed to be completely decentralized with no single points of control,” […]
Bitcoin isn’t the only alternative currency enjoying some momentum and buzz these days. BizX, an 11-year-old company that provides a trading mechanism for its BizX dollars, just scored $700,000 in Series A funding from angel investors … its first outside investment ever. Based in Bellevue, Washington, the company is different from bitcoin in that its […]
Mark Karpeles gives a great explanation of how we’re only just at the foot of the Bitcoin mountain. And there’s a long way to go yet. Read more Mt. Gox news on CoinDesk
Alternative bitcoin exchange Bitfloor shocked users last week by announcing it was shutting its doors. The exchange said that its US bank account was closing, and it wouldn’t be able to handle the same volumes as it was used to. “Unfortunately, our US bank account is scheduled to be closed and we can no longer […]
Open-source software projects are starting to use bitcoins as a way to pay programmers for their work. Open-source software is developed under a license that enables anyone to view and modify its source code. Many commercial projects use open-source code, and popular software such as Linux is based on it. Although most open-source developers volunteer, […]
Q1 2013 is practically ancient history for bitcoin, given its severe price movements this month, but it’s worth a look back to see just how far the digital currency has come since the beginning of the year. Just a few months ago, “bitcoin was a $100 million ‘idea’ with growing interest from a niche community,” […]
A 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 than 0.1% of the almost […]
As bitcoin continues to gather steam, the burgeoning conference circuit surrounding it continues to grow. This year sees at least two important conferences scheduled, each on either side of the Atlantic. The Bitcoin Foundation is to run a conference from May 17-19 in San Jose, California. Scheduled sessions at Bitcoin 2013 will cover subjects including using […]
A 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 help the Boston Medical […]
Bitcoins might seem new to much of the “mainstream” economy, but some businesses outside that realm have already found good reasons to try out the digital currency. In particular, the perception of greater privacy in bitcoin transactions is appealing to online businesses that deal in erotica, porn and other “adult” forms of paid entertainment. For […]
What is the fastest way to mine bitcoins? It depends what type of architecture you’re using, but graphics cards are losing the battle to faster devices. Graphical processing units (GPUs) have traditionally been used for mathematically intensive operations. They are designed to handle floating point numbers, which are used in the calculations necessary to display […]
Want a pizza delivered? Hungry for some Chinese takeout? Restaurant delivery service Foodler is now accepting bitcoins from customers placing online orders for food. Foodler handles online ordering for takeout and delivery services from more than 12,000 restaurants across the US. Customers with Foodler accounts can now choose a bitcoin payment option on their account […]
IG Index, a UK-based company that offers spread betting on financial markets, has begun offering binary betting on the bitcoin market. The limited risk binary offering enables clients to take a position on the value of bitcoins, where bets are expressed as odds that an event will or won’t occur. IG’s offering lets people bet […]
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 the Treasury’s guidance on parameters for […]
New 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 Opportunity Fund. Tribeca Venture Partners, a venture capital […]