digital currency

digital currency

Off The Schneid

www.avc.com
The almost two year long slump is over. I've led a new venture investment for USV, which closed a few weeks ago and was announced last night. The company is Coinbase and my blog post announcing the investment is on the USV blog. This hiatus, which I've blogged about a...
Off The Schneid

PayPal Trumps Square's Deal With Starbucks by Partnering With Discover

allthingsd.com
Under a new partnership being announced with Discover, PayPal is super-sizing the number of merchant locations it will accepted at in the U.S. to more than seven million. “The whole industry has been looking for a landmark — that says that all of this is really happening,” said Don Kingsborough,...
PayPal Trumps Square's Deal With Starbucks by Partnering With Discover
Bitcoin me: Adam Draper's Boost VC makes a big bet on the virtual currency

Boot up: Java Bitcoin malware, Apple and Motorola slapped, Ballmer's big bet and more

www.guardian.co.uk
Plus Samsung half-billion goal, what emails does a dormant account receives in nine years?, iPad forecasts and moreA burst of 10 links for you to chew over, as picked by the Technology teamJava applet attack wipes out Bitcoin accounts on Mt.Gox >> TechCrunchJohn Biggs details a phishing site that grabs...
Boot up: Java Bitcoin malware, Apple and Motorola slapped, Ballmer's big bet and more

Online Casino Makes Over 500K, Skirting Laws With Legally 'Gray' Digital Currency, BitCoin

techcrunch.com
Online casinos are finding a second chance at life thanks to an alternative digital currency known as Bitcoin. Bitcoins are a completely digital currency managed through a decentralized network of exchanges, based off the research of mysterious computer scientist, Satoshi Nakamoto, who dreamt of developing a currency immune to politicians...
Online Casino Makes Over 500K, Skirting Laws With Legally 'Gray' Digital Currency, BitCoin
Facebook rolls out carrier billing for mobile purchases

Bitcoin exchange Mt. Gox suspends service following huge swing in trading price

www.computerworld.com
Mt. Gox, the largest exchange for buying and selling bitcoins, is temporarily shutting down after an uptick in activity on the site sparked by a massive drop in the digital currency's price....
Bitcoin exchange Mt. Gox suspends service following huge swing in trading price
Funding Daily: Kids these days, with their Walkmans & their Bitcoins

After 2 Years, Twitter, Zynga Investor Fred Wilson Finally Finds Another Startup Worth Investing In

www.businessinsider.com
Union Square Ventures principal Fred Wilson just led his first startup deal in nearly two years. Wilson led a $5 million round in Coinbase, a startup for buying, selling, and accepting Bitcoins. Bitcoins are a form of decentralized, digital currency. This year, Bitcoin's value has reached new heights. Today, Bitcoin is...
After 2 Years, Twitter, Zynga Investor Fred Wilson Finally Finds Another Startup Worth Investing In

Obama's Fmr. Chief Economic Advisor On Bitcoin's Usefulness: "Hahahaha. ROTFL"

techcrunch.com
Eighty-seven percent of the nation’s top economists think that the digital currency, Bitcoin, has “limited usefulness.” Given the growing popularity of the enigmatic currency, the University of Chicago conducted its famous Initiative on Global Markets (IGM) poll of 38 of the world’s top economists, to see how experts felt about its longterm...
Obama's Fmr. Chief Economic Advisor On Bitcoin's Usefulness: "Hahahaha. ROTFL"
WALL STREET CURRENCY ANALYST: One Hour Ago, I Had My First Client Ask About Bitcoin

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
Brave Businesses Buy Into Bitcoins: Is It A Bubble?

World's Largest Bitcoin Exchange Announces That Anyone Depositing Currency Will Need To Be Verified

www.businessinsider.com
The regulatory pressure continues to heat up on the world of Bitcoin. In the wake of the DOJ's big case against digital currency site Liberty Reserve (which has been accused of facilitating illegal transactions), Mt. Gox, the biggest site for Bitcoin trading, has just announced a requirement that anyone depositing...
World's Largest Bitcoin Exchange Announces That Anyone Depositing Currency Will Need To Be Verified

Major Bitcoin exchange slammed with denial of service attack as the currency surges

www.pcworld.com
Bitcoin exchange Mt. Gox faced a distributed denial-of-service attack late Thursday, at a time the digital currency is seeing an upward swing. The Japanese company, which is rated as the largest exchange for bitcoins, was hit by a DDoS attack that was "stronger than the average," the exchange's support...
Major Bitcoin exchange slammed with denial of service attack as the currency surges
That Is Just A Classic Crash Chart

Bitcoiners crave coders to cope with demand

www.computerworld.com
Bitcoin is not going away, the digital currency's developers say, and they're craving more technically savvy people to support its use....
Bitcoiners crave coders to cope with demand
78 percent of Bitcoin currency stashed under digital mattress, study finds
U.S. feds shut down Liberty Reserve, DoJ calls it 'bank of choice for the criminal underworld'
Hide your kids, hide your BTC: Bitcoin-stealing malware emerges

Meet the 10 companies that are TNW's picks from Y Combinator's Demo Day

thenextweb.com
You’re in the Computer History Museum in Mountain View, and you’re about to see 75 companies give it their best for two whole minutes. This might not sound like everyone’s cup of tea, but let me tell you, it’s pretty awesome. I’ve worked at a few startups, and preparing for...
Meet the 10 companies that are TNW's picks from Y Combinator's Demo Day

Should your business start accepting Bitcoins?

www.pcworld.com
Few phenomena have been so widely discussed yet remain so puzzling as the world of Bitcoins. Businesses galore are now asking themselves whether Bitcoin is something they need to take seriously... yet most have absolutely no idea what it is. First, a primer. Bitcoins are, in the words of...
Should your business start accepting Bitcoins?
Why Bitcoin Doesn't Have To Worry About The Fed Shutting It Down -- At Least Not Yet

Bitcoin: the Berlin streets where you can shop with vitual money

www.guardian.co.uk
The digital currency is rising in popularity among traders in the rebellious Kreuzberg area of Germany's capitalNadim Chebli remembers well the first of his customers who decided to pay for the records they bought with virtual currency rather than cash or credit cards."I'd only just agreed to accept Bitcoins," said...
Bitcoin: the Berlin streets where you can shop with vitual money

Here's The Problem That Made The New Alleged Bitcoin Inventor A Mathematical Rock Star

www.businessinsider.com
This weekend computer scientist Ted Nelson claimed that mathematician Shinichi Mochizuki was the man behind Bitcoin.  See, while the digital currency has moved markets and attracted major investors, nobody actually knows who came up with it. The paper describing the system was published under a pseudonym, Satoshi Nakamoto, and people are...
Here's The Problem That Made The New Alleged Bitcoin Inventor A Mathematical Rock Star

Here's Why The Feds Seized Assets From The World's Biggest Bitcoin Exchange

www.businessinsider.com
Ars Technica reports on the finer details of how the government was able to seize a bunch of cash from Mt. Gox, the world's largest Bitcoin exchange. Homeland Security says it had probable cause to believe that Mt. Gox is guilty of money transmitting without a license. Companies like PayPal...
Here's Why The Feds Seized Assets From The World's Biggest Bitcoin Exchange
Bitcoin Is Now Seeing Massive Hyperdeflation That Could Devastate Its Economy
Internet Archive starts accepting Bitcoin donations for employee pay

Bitcoin exchange halts trades of digital currency after drop in value

www.guardian.co.uk
Tokyo-based exchange behind most trades says it has been a 'victim of our own success' as promoter denies bubble is formingThe largest exchange for the digital currency Bitcoin halted trading Thursday, saying it needed to let the market "cool down" after a massive drop in value.Mt.Gox, a Tokyo-based exchange, blamed...
Bitcoin exchange halts trades of digital currency after drop in value

eBay’s got a PayPal problem

tech.fortune.cnn.com
As long as eBay has been struggling to right itself, Paypal has been surging. Now, it may be in jeopardy too. By Janet Morrissey, contributor FORTUNE — Through all eBay’s struggles, PayPal has always been a bright spot. The online payment system, acquired in 2002, provided eBay with growing profits...
eBay’s got a PayPal problem
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