Tag Archives: Bitcoin

Sat 7th June 2014
Written by The Domains in EN and tagged
Dish Network Set to be a largest association in a universe that accepts Bitcoin - In a piece on Reason.com, Paul Best took a look at some recent news related to companies who are now embracing Bitcoin. From Apple to Facebook to Dish Networks. From the article: As government agencies have started assessing ways to regulate Bitcoin, big companies nationwide have begun to warm up to the decentralized, cryptographic currency. Facebook can now be used to send or receive Bitcoin payments with friends through QuickCoin, which launched on May 21. All a user has to do is log in through ... read more ...
Mon 2nd June 2014
Written by The Domains in EN and tagged
One Scottish Company Wants to Redo The Internet - Business Insider covered MaidSafe a company out of Scotland that is looking to redo the Internet. The goal seems to build a decentralized Internet, kind of like a Bitcoin model. They want to do away with the need for servers and data centers and use the unused resources of every computer in the network. From the article: The founders of a Scottish company called MaidSafe had a wild idea. What if you were to give the internet a makeover, changing it so that it’s absolutely safe from hackers and ... read more ...
Thu 29th May 2014
Written by The Domains in EN and tagged
Mt.Gox looking to sell Bitcoin Trademark, Can anyone indeed use it ? - The parent company of bankrupt Mt.Gox is looking to sell the trademark and bitcoins.com to raise some funds to repay creditors of Mt. Gox. Several publications covered the story, we looked at three. The interesting part that Coin Desk covered was whether or not a trademark could actually hold up. The Telegraph reported on the story The company overseeing bankruptcy proceedings for the collapsed exchange Mt. Gox hopes to sell the “Bitcoin” trademark and the bitcoins.com domain name in a bundle ... read more ...
Mon 26th May 2014
Written by The Domains in EN and tagged
Bitcoin Set to Overtake Paypal - The IB Times did a piece on Bitcoin surpassing Paypal in terms of USD transactions. From the article: Popular digital currency bitcoin is expected to overtake e-commerce giant eBay’s payment processor PayPal in terms of US dollar transactions in the near future. California-based hedge fund Laureate Trust says that bitcoin is fast establishing itself as the currency to use globally and instantly to make purchases or payments over the internet recording nearly $300m (£178m, €220m) daily in transactions. “Whenever ... read more ...
Thu 22nd May 2014
Written by The Domains in EN and tagged
Bitcoin Bigger Than Facebook ? Bitcoin Integration with Paypal ? - There have a few interesting Bitcoin related stories over the last couple days. These include,  The Winklevoss Twins telling the Guardian that Bitcoin has the potential to be bigger than Facebook, talk of Paypal accepting Bitcoin as a payment option and a number of resignations at the Bitcoin Foundation. William Channer did a piece on The Guardian that took a look at how the Winklevoss came to get involved with Bitcoin and what they see as the future for the most popular crypto currency on the ... read more ...
Fri 16th May 2014
Written by The Domains in EN and tagged
Circle Looks To Bring Bitcoin Mainstream - Circle is getting ready to bring Bitcoin to the mainstream according to an article out today on Tech Crunch. The company was founded by the same entrepreneur that founded Bright Cove, the online video service. From the article: Circle, the bitcoin-based financial services company, is emerging from stealth with a suite of products and services aimed to take bitcoin’s blockchain to mainstream consumers. Since its launch in 2013, Boston-based Circle has been very quiet about its planned offerings ... read more ...
Thu 15th May 2014
Written by The Domains in EN and tagged
BitPay Raises $30 Million in Largest Financing Round for a BitCoin Company - CoinDesk reported that BitPay completed a $30 million financing round, this is the largest ever financing round for a bitcoin related company. The round was led by Index Ventures, and included Yahoo founder Jerry Yang’s AME Cloud Ventures, Felicis Ventures, PayPal founder Peter Thiel’s Founders Fund, Horizons Ventures, RRE Ventures, Virgin Galactic’s Sir Richard Branson and TTV Capital. As part of the deal, Index Ventures’ Jan Hammer and noted bitcoin ecosystem investor Jimmy Furland will ... read more ...
Sat 10th May 2014
Written by The Domains in EN and tagged
China Censoring The Conversation Around Global Bitcoin Summit - Back in December the central bank of China put a stop to all Bitcoin transactions. This caused certain exchanges to shut down and created a stir among many crypto currency enthusiasts in the country. The IB Times is now reporting that China has told the media they cannot write about a Global Bitcoin summit that is coming up in Beijing. From the article: The Chinese authorities have ordered local media not to cover the upcoming Global Bitcoin Summit in Beijing and not to promote the digital currency, ... read more ...
Tue 29th April 2014
Written by The Domains in EN and tagged
U.S. Government Looking to Cash In Seized Silk Road Bitcoins - As a decentralized currency Bitcoin has proven itself to function well with the “If the majority feels a change should be made” then it can, and promptly like with the double spend bug a few years ago that required miners to adopt a new fork. This is an excellent advantage as it can be adaptable but not easily manipulated. I believe we, the Community, Miners, and Dev’s should use the power again, this time to remove the seized coins as they represent a huge threat. Investors all over the world ... read more ...
Sat 26th April 2014
Written by The Domains in EN and tagged
Xapo Looks To Bring Bitcoin Debit Card to Market - Robert MCMillan of Wired wrote an article on the upcoming Bitcoin debit card from Xapo. The article points out that there are some other prepaid Bitcoin cards out there, the author noted they feel rather “fly by night”. Xapo has actually raised $20 million in VC and is looking to comply with U.S. law. From the article: Bitcoin may be the future of digital money, but it has a big problem here in the United States: why use it to buy anything when millions of merchants already accept debit and ... read more ...
Fri 18th April 2014
Written by The Domains in EN and tagged
Tokyo Court Rejects Bankruptcy Protection for Mt.Gox - Yuri Kagema a writer for the AP,  reported that Mt. Gox will not received bankruptcy protection in Japan and will be liquidated.   The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would not be able to resurrect itself under a business rehabilitation process filed for in February. An ... read more ...
Thu 17th April 2014
Written by The Domains in EN and tagged
Blockchain Acquires 5 Year Lease for Bitcoin.com - Paul Vigna reported on The Wall StreetJournal that Blockchain has acquired a five year lease for the domain name Bitcoin.com.  as of today, essentially that’s Blockchain. The online wallet company acquired a five-year lease to this rather fancy piece of digital real estate for an undisclosed amount. The first thing you can’t help but notice on the new site is the word “Bitcoin” in large letters right at the top. The company’s name is only at the bottom in very small type. It’s all ... read more ...
Wed 9th April 2014
Written by The Domains in EN and tagged
BitCoin Mining Maybe Slowing Down and a First BitCoin ATM Comes To Capitol Hill - According to an article on Business Insider, BitCoin mining is slowing down. From the article: Dan Murtha, co-founder of MinerSource.net, a bulk buyer and distributor of mining hardware, KnC’s announcement is a sign Bitcoin mining rig power may be plateauing. But for Murtha, it’s clear there’s not much more room to go in terms of engineering ultra-small — and therefore ultra-powerful — computer chips, despite the incredible leaps Bitcoin mining engineers have made to this point. It’s ... read more ...
 
Written by DomainNameWire in EN and tagged
How domain registrars and merchants accept Bitcoin but banking risk - Several companies make it easier to accept digital currencies with reduced risk. I’ve always wondered how companies like Overstock.com and NameCheap.com accept bitcoin payments while avoiding the risk of an exchange dying (e.g. Mt. Gox) and currency fluctuations. I got the answer last week when I ran in to Jessica Besseling at DomainFest. Besseling formerly worked for DomainSponsor and DDC.com, and now she’s Sr. Director of Business Development for GoCoin. GoCoin ... read more ...
Sat 5th April 2014
Written by The Domains in EN and tagged
Ebay to Create A Place For Virtual Currencies - Ebay has created a new category for Virtual Currency. People will be able to list crpyto currencies for sale along with mining related activities. It looks like the listings for actual currencies must be done as a classified ad. CoinDesk wrote: eBay’s main US site has introduced a category for ‘Virtual Currency’, with listings for dozens of bitcoin and altcoin-related activities – including shares in mining operations. Although eBay is still not accepting bitcoin as an official payment, ... read more ...
Thu 3rd April 2014
Written by The Domains in EN and tagged
Mark Karpeles Ordered to come to a US to plead Mt. Gox Bankruptcy - Reuters reported that the Mark Karpeles has to come to the US to discuss the Mt.Gox Chapter 15 bankruptcy. The company filed bankruptcy in Japan but are also dealing with a class action filed in Chicago. Last month, Karpeles asked a Dallas court to grant Mt. Gox Chapter 15 bankruptcy protection, in part to put a stop to a class action that had been filed by U.S. customers in Chicago federal court. The chief executive of Japan’s Mt. Gox, once the world’s leading bitcoin exchange, was ordered ... read more ...
Wed 26th March 2014
Written by DomainNameWire in EN and tagged
Why domain investors and Bitcoin click - Domain investors find a lot to love in bitcoin. Despite some massive setbacks, bitcoin is still a hot topic right now. I think domain investors are drawn to bitcoin at a higher rate than the general population for a handful of reasons. Having talked to several bitcoin owners, I think there are four key reasons for this. 1. You have to learn a little to get into the club. It takes a bit of knowledge and research to start using bitcoin. It’s much like the knowledge ... read more ...
Mon 24th March 2014
Written by The Domains in EN and tagged
Another Bitcoin Exchange on a Verge of Bankruptcy Halts Withdrawals - Following on the heels of the Mt.Gox bankruptcy another Bitcoin exchange is on the verge of bankruptcy. Vicurex is based out of China and they are putting a freeze on all their customer accounts. Electronista covered the story, Another Bitcoin exchange has run into financial problems following in the wake of other recent turmoil surrounding the currency after the collapse of Mt. Gox. Vircurex, based in Beijing, is faced with insolvency causing the company to immediately halt withdrawals. Starting ... read more ...
Fri 21st March 2014
Written by The Domains in EN and tagged
Mt. Gox May Have Found 200,000 Bitcoins - There was a report out last night that bankrupt Bicoin exchange Mt. Gox may have found 200,000 Bitcoins in a forgotten wallet. Pete Rizzo of Coindesk wrote: A new report suggests that Mt. Gox, the now-bankrupt Japan-based exchange said to have lost 850,000 BTC in customer funds may actually still be in possession of 200,000 BTC ($118m at press time). The news, published by Yahoo Japan, allegedly comes from the exchange’s bankruptcy lawyer who suggests the bitcoins were found on 7th March in a ... read more ...
Sat 15th March 2014
Written by The Domains in EN and tagged
The Bitcoin Vault - It only made sense with all the hacking and theft that alternative ideas in the world of crpyto currency would come to light. A new start up Xapo has just raised $20 million. Dan Primack wrote on Fortune: It’s the brainchild of Wences Casares, former CEO of digital wallet company Lemon (acquired by Lifelock last December). His new company is called Xapo, and has raised $20 million in first-round funding led by Benchmark. Other investors include Fortress Investment Group (FIG) and payment-focused ... read more ...
Sun 9th March 2014
Written by The Domains in EN and tagged
Hackers Claim to Publish Evidence of Fraud during BitCoin Exchange Mt.Gox - Andy Greenberg just did a piece on Forbes with regards to hackers claiming to have hacked the Mt.Gox servers. The recent bankruptcy of the Bitcoin exchange has many up in arms and some are deciding to get answers on their own. Some of the data released and posted on Reddit has already been taken down. Greenberg reached out to disgraced Mt.Gox C.E.O. Mark Karpeles but has yet to get a reply back. From the article: The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange ... read more ...
 
Written by The Domains in EN and tagged
Are Crypto-Currencies Here To Stay ? Google’s Director of Ideas Says Yes - Gregory Ferenstein wrote a post on Tech Crunch  about the director of ideas from Google and his belief that crypto currencies are going to be a mainstay as we move forward. Google Director of Ideas and former technology advisor to former Secretary of State Hillary Clinton, Jared Cohen, says that digital “crypto-currencies” like Bitcoin are here to stay. “I think it’s very obvious to all of us that crypto-currencies are inevitable,” he told the audience at SXSW, in conversation with Chairman ... read more ...
Fri 7th March 2014
Written by The Domains in EN and tagged
Will a Real Satoshi Nakamoto Please Stand Up - It has been quite a day in the world of Bitcoin as there have been more stories than I can count on Satoshi Nakomoto. The day started early this morning when one of our readers, Tony Lam sent me a piece by Coindesk. Their headline was, “Bitcoin Inventor Satoshi Nakamoto ‘Found’ in California” Nermin Hajdarbegovic covered the story and discussed that Newsweek had tracked down the creator of Bitcoin. From the article: Newsweek scoop Newsweek magazine is reviving its print edition this week ... read more ...
Wed 5th March 2014
Written by The Domains in EN and tagged
Overstock Exceeds $1million in Bitcoin Sales and Projects adult to $20 million by a finish of a year. - Overstock has topped over $1million in Bitcoin sales in two months. Coinbase.com sat down with Patrick Byrne, CEO of Overstock. The initial projections for sales processed with bitcoin on Overstock.com this year was set at $3-5m, but this figure has since increased dramatically, according to Byrne. The CEO now predicts that Overstock will see a total of $10-15m in bitcoin sales this year, and suggested that this number could reach as high as $20m if bitcoin sales maintain their current growth rate. New ... read more ...
Tue 4th March 2014
Written by The Domains in EN and tagged
Flexcoin The Bitcoin Bank Shuts Down After Losing 896 Bitcoins - Another Bitcoin site has gone bust, Flexcoin which called itself the Bitcoin bank is out of business. They posted this on their website: Flexcoin is shutting down. On March 2nd 2014 Flexcoin was attacked and robbed of all coins in the hot wallet. The attacker made off with 896 BTC, dividing them into these two addresses: 1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu 1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6 As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our ... read more ...