Domain Guardians To Broker BTC.com - Domain Guardians put out a press release on the domain BTC.com going up for sale. In the currency markets USD of course stands for the U.S. Dollar, JPY, Japanese Yen, AUD Australian Dollar, etc… In cryptocurrency markets the symbol for Bitcoin is BTC. From the release: The term “BTC” is the commonly used abbreviation for the crypto-currency Bitcoin. As such, this rare domain asset provides an exceptional branding opportunity for new and existing companies within the Bitcoin space. “Whether ... read more ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...