Search Results for: BITCOIN
Gold for bitcoin could be the new trend
July 28th, 2014
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...
More companies everyday begin accepting Bitcoin payments
July 23rd, 2014
More and more companies everyday announce that they will begin accepting Bitcoin payments. Recently, Beepi, a peer-to-peer used auto marketplace based in California, announced that it will begin accepting Bitcoin payments through a partnership with Bitpay. OneStopBrokers
The Real Reason Banks Don’t Like Bitcoin
July 22nd, 2014
Banks are reluctant to work with bitcoin, that fact has been well known in the community for some time. Until now, though, few concrete reasons have been given as to why. New statements from a senior banking practitioner in ...
Sweden Calls For EU Ruling On Bitcoin Taxation
July 22nd, 2014
Sweden has asked the European Union to provide definitive rules on the Value Added Tax treatment of cryptocurrencies, such as Bitcoin, after concerns raised by the nation about the UK’s revised position, issued in March. On June 2, 2014, ...
BitXatm to Launch 1,000 Bitcoin ATMs in US
July 21st, 2014
Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network. For ...
Bitcoins Can’t Shake Bubble Image in Poll After 45% Drop
July 18th, 2014
Bitcoins, which lost 45 percent of their value after skyrocketing to more than $1,100 last year, are poised to tumble further, according to the latest Bloomberg Global Poll of financial professionals. Fifty-five percent of those surveyed said the virtual ...
World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi
July 17th, 2014
A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi schemes, as some bitcoin critics have claimed. Kaushik Basu, World ...
Bitcoin Protected, VeriCoin Stolen in Latest Exchange Breach
July 15th, 2014
Digital currency exchange platform MintPal has suffered a successful hack attack that resulted in the loss millions of vericoins from its hot wallet. The 13th July attack targeted a vulnerability in the site’s withdrawal system. The hacker, according to ...
Netagio Launches Exchange for Gold, Sterling and Bitcoin Traders
July 11th, 2014
Bitcoin storage firm Netagio has today launched an exchange that allows users to trade bitcoin, pounds sterling and gold. The exchange offers users three order-books, allowing trades between bitcoin and gold, bitcoin and sterling, and gold and sterling. “ ...
Ex-CS commodities head turns to bitcoin
July 10th, 2014
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency. Adam Knight, who has been an angel investor in London since leaving ...
