currency exchange

currency exchange

Beyond Ads: Monetizing Location-Based Services

www.readwriteweb.com
This week geo-crazy mavens were pleased to hear of location-based updates to Facebook, the launch of Foursquare analytics and of course yesterday's news of Gowalla's comment and picture functionality. So far the most common way to monetize these types of services is through sponsored leader boards and tips on nearby...
Beyond Ads: Monetizing Location-Based Services

Why I'm mad at everyone involved with Passbook

thenextweb.com
Ever since I made the switch to the smartphone three years (and four generations) ago, I’ve always carried around an iPhone. Granted, this doesn’t make me a special snowflake, but for all intents and purposes, I’ve been “that girl” with my phone. I don’t get every new upgrade or shell...
Why I'm mad at everyone involved with Passbook
Kurrenci Is Money For The Web… With A Twist
Nintendo reports FYQ1 operating loss of $132M as Wii sales drop off a cliff

Bitcoins join global bank network

www.bbc.co.uk
A currency exchange that specialises in the virtual currency known as bitcoins has won the right to operate as a bank....
Bitcoins join global bank network

Facebook on Track for $1 Billion Revenue This Year

www.readwriteweb.com
According to figures released today by the singularly focused blog Inside Facebook, the ubiquitous social network made upwards of $700 million in 2009 and is expected to reach a phenomenal $1 billion in revenues in 2010. Year over year, Facebook's revenues have typically doubled, from $150 million in 2007 to...
Facebook on Track for $1 Billion Revenue This Year

Google's NCAA bracket demonstrates how far it has strayed from its original promise

thenextweb.com
Once upon a time, Google was the best search engine in the land. It cut through all the other Web portal noise to just give you plain results. Along the way, Google realized that there are actually nice benefits, like money, that come from running a portal, so it started cluttering...
Google's NCAA bracket demonstrates how far it has strayed from its original promise

East London's 20 hottest tech startups

www.guardian.co.uk
There are more than 3,000 tech firms in east London, employing up to 50,000 people in the digital economy. Here are 20 companies to watch out forGECKOBOARD Data analysisWhat: A hosted, real-time visualisation tool-set that enables businesses to see all their data (web analytics, sales figures etc) in one place.Founder:...
East London's 20 hottest tech startups

TransferWise Adds Support For USD, Wants To Become Preferred Method Of Money Transfer For Startups

techcrunch.com
TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that its added support for the U.S. Dollar — a move that it believes, along with existing support for the British Pound, Euro, Swiss Franc, Polish Zloty, Swedish Kronor, Norwegian Kronor, and Danish...
TransferWise Adds Support For USD, Wants To Become Preferred Method Of Money Transfer For Startups
Bitcoin currency exchange BitFloor shuts down after hackers steal $250,000 in virtual coins
Bitcoin: How a Virtual Currency Became Real with a $5.6M Fraud

Liberty Reserve indicted for $6 billion in money laundering

www.pcworld.com
The U.S. Department of Justice has indicted online payment processor Liberty Reserve for laundering US$6 billion in a series of global transactions, which the agency charges may be the largest international money laundering prosecution in history."Liberty Reserve was intentionally created and structured to facilitate criminal activity. It was essentially...
Liberty Reserve indicted for $6 billion in money laundering

Why Bitcoin crashed, and how Ripple might avoid the same fate

gigaom.com
To the surprise of very few people, Bitcoin has crashed. That’s not to say it’s a goner, but even those who bought into it just before the craziness of the last two weeks are now looking at losses: from a U.S. dollar exchange rate high of $266 two days ago,...
Why Bitcoin crashed, and how Ripple might avoid the same fate

TranserWise To Pay It Forward With $100M In Free Money Transfers For European Startups

techcrunch.com
TransferWise, the online currency exchange, has been pitching itself as the preferred method of money transfer for European startups for a while now. And today, borne out of its co-founder Taavet Hinrikus‘s own experience, the company is putting its money where its mouth is by launching a campaign to wave...
TranserWise To Pay It Forward With $100M In Free Money Transfers For European Startups

Apple, Microsoft, Adobe Called By Lawmakers To Defend Higher Prices In Australia

techcrunch.com
Three American companies-Apple, Microsoft and Adobe-have been summoned by the Australian Parliament to explain why they charge higher prices Down Under than in other countries. The three companies were called by the House Committee On Infrastructure And Communications to appear as part of an ongoing probe regarding the disparity in tech...
Apple, Microsoft, Adobe Called By Lawmakers To Defend Higher Prices In Australia

The Fed Is Studying The Risks Of Bitcoin

www.businessinsider.com
The United States is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international conference on Monday. Some bankers have expressed worries that newer players in the online marketplace could have negative implications for the financial system. "We have...
The Fed Is Studying The Risks Of Bitcoin

Peter Thiel leads $6M funding round for TransferWise

news.cnet.com
Peer-to-peer online currency exchange, which seeks to use the Internet to make it easier to transfer funds among currencies, has transferred more than $195 million since its founding in 2011. [Read more]...
Peter Thiel leads $6M funding round for TransferWise

P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others

techcrunch.com
Here’s some encouraging news for the European startup scene, and London in particular. TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that it’s closed a $6 million series A round led by Peter Thiel’s Valar Ventures — the first investment in...
P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others

€10m Transferwise blows a raspberry at bankers

gigaom.com
London-based peer to peer currency exchange Transferwise has just reached a milestone: it’s broken through €10 million in transactions. That’s $13.4 million — perhaps not a vast amount in the grand scheme of things — but when you consider that means its customers have saved around €500,000 in bank charges,...
€10m Transferwise blows a raspberry at bankers

Google Ventures invests in OpenCoin, the firm behind Bitcoin exchange Ripple

gigaom.com
This virtual currency thing just got another piece of validation: in the wake of Bitcoin’s spectacular rise, fall and wary stabilization, Google Ventures has decided to invest in OpenCoin, the company behind the Ripple distributed currency exchange. Ripple, billed as “the world’s first open payment network”, may lack the rebel...
Google Ventures invests in OpenCoin, the firm behind Bitcoin exchange Ripple

Transferwise undercuts the banks with crowdsourced currency exchange

venturebeat.com
Do you live outside your native country? Need to transfer money home? Most banks will charge you not only for the currency exchange but also for the transfer itself. TransferWise today announced funding of $1.3m for its scheme to sidestep the banks using cheap, peer-to-peer currency exchange. Among the new...
Transferwise undercuts the banks with crowdsourced currency exchange

Theft forces Bitcoin firm offline

www.bbc.co.uk
The US's biggest Bitcoin currency exchange says it has halted operations after a thief stole $250,000 worth of funds....
Theft forces Bitcoin firm offline

Transferwise adds more currencies: dollar on the way?

gigaom.com
Currency exchange startup Transferwise has expanded into new territory, opening up beyond Euros and Sterling for the first time. After a quiet testing period, the London-based company — which uses a peer-to-peer engine that lets people transfer money between currencies and countries at radically cheaper rates than traditional banking —...
Transferwise adds more currencies: dollar on the way?

This iPhone app makes sure you don’t get ripped off by those airport exchange booths

thenextweb.com
Sometimes the beauty of an app is its ability to solve one simple problem. Sure, a geo-locating social group food photography app sounds fancy, but it’s not often enough that designers build something that actually solves a problem. This is where Dmitry Dragilev comes in, formerly a member of the awesome...
This iPhone app makes sure you don’t get ripped off by those airport exchange booths

How Notion will spend $100m on Euro cloud startups

gigaom.com
Good news for European cloud startups, as U.K.-based Notion Capital announced a $100 million fund for investing in software as a service companies across the continent. Started by Brits Stephen Chandler and Jos White, who sold their messaging security company Messagelabs to Symantec for around $700 million in 2008, Notion...
How Notion will spend $100m on Euro cloud startups

Currency exchange TransferWise nabs $6M in first European investment by Peter Thiel's Valar Ventures

thenextweb.com
TransferWise, a London-based startup that wants to make transferring money between currencies effortless and inexpensive, has closed a $6 million series A round led by Peter Thiel’s Valar Ventures. Additional participants include SV Angel, PayPal co-founder Max Levchin and Seedcamp. This investment marks a milestone for Thiel’s Valar Ventures: it’s the firm’s first European investment. And given...
Currency exchange TransferWise nabs $6M in first European investment by Peter Thiel's Valar Ventures
Conceptual artist builds money-powered currency exchange

Homeland Security seizes funds at main Bitcoin exchange -- report

gigaom.com
The US government has reportedly shut down a prime source of liquidity for Bitcoin, a popular cyber-currency, by seizing an account connecting a Japanese currency exchange, Mt. Gox, and payment services provider Dwolla. The action by Homeland Security, reported by Venture Beat, appears to be a symbolic shot across the...
Homeland Security seizes funds at main Bitcoin exchange -- report
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