Daily Archives

February 4, 2015

Bitcoin Business

Turmoil at GAW Miners Spreads to Subsidiary Phone Service

Customers of GAW High Speed Internet, an Internet and phone services provider operated by the parent company of controversial bitcoin startup GAW Miners, are reporting service issues.The development is notable as GAW's phone customers aren't the only ones experiencing disruptions to their service. The news comes…
cinerama
February 4, 2015
Bitcoin Business

Webjet Now Accepting Bitcoin from Customers

In an announcement Webjet says that customers can now book holidays without opening their wallets as it has now started accepting Bitcoin in payment. Thus, the online travel agency became the first in Australia to accept Bitcoin . It says that now customers can purchase…
cinerama
February 4, 2015
Bitcoin Business

Lead Developers Leave Overstock’s Medici Project

Overstock has confirmed that Counterparty co-founders and developers Robby Dermody and Evan Wagner are no longer working on its decentralized stock market project Medici.The announcements come amid a shift in priorities for the high-profile crypto 2.0 project, first announced in October . At the time,…
cinerama
February 4, 2015
Bitcoin Business

Breaking Down New York’s Latest BitLicense Revision

The New York State Department of Financial Services (NYDFS) released the latest version of of its BitLicense proposal today, an event that sets off another 30-day comment period before the much-anticipated regulation can be finalized.The revised draft finds the state agency following through on a number…
cinerama
February 4, 2015
Bitcoin Business

A Friendly Dogecoin Price Reminder

Over the last 24 hours, Bitcoin price has dropped around 8% after failing to extend its previous upward momentum. The impact of this fall has subsequently been reflecting in altcoin charts as well. Though in this article, we will particularly focus on Dogecoin – an…
cinerama
February 4, 2015
Bitcoin Business

Recapping Week Three Of The Silk Road Trial

Editor’s Note: John Bush is the Editor in Chief of the Liberty Beat daily radio news service and host of the weekly Bitcoin podcast SovereignBTC. Cold winds and snow buffeted the walls of the Daniel Patrick Moynihan United States Courthouse last week as jurors heard more of…
cinerama
February 4, 2015
Bitcoin Business

Bitcoin now accepted by 100,000 merchants worldwide

More than 100,000 merchants now accept bitcoin, including Microsoft, Expedia and Twitch (Reuters) The number of retailers accepting the cryptocurrency bitcoin has passed 100,000, according to the latest industry figures.The widespread merchant adoption has come despite the price of bitcoin falling steadily over the last…
cinerama
February 4, 2015
Bitcoin Business

Levine on Wall Street: Mergers and McMuffins

Mergers. Staples is buying Office Depot for $11 a share  in cash and stock, completing a roll-up of indistinguishable (to me) office supply stores that began when Office Depot acquired OfficeMax in 2013. Activist hedge fund Starboard Value has been involved since the beginning, with stakes in both…
cinerama
February 4, 2015
Bitcoin Business

Austria Gets 600 merchants Selling Bitcoin Overnight

The operator of Austria’s first Bitcoin ATM, Coinfinity , has unveiled a voucher scheme enabling Bitcoin to be purchased from over 600 merchants nationwide.Bitcoinbon, German for ‘Bitcoin voucher,’ centers around small shops, which will offer a till-generated voucher in exchange for euro which customers can…
cinerama
February 4, 2015

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