• Vaurum, a startup that offers code that banks and other financial institutions can use to offer Bitcoins, raised a $4 million seed round of funding from venture investor Tim Draper, former AOL CEO Steve Case, Battery Ventures and others. The Palo Alto startup led by CEO Avish Bhama was picked as one of the best companies pitching at a Plug and Play Expo in December. Vaurum’s software helps financial institutions host their own Bitcoin exchanges. Bhama told me in

    Steve Case, Tim Draper back Bitcoin startup Vaurum in $4M seed funding

    | 2014/05/07 7:52 pm
  • Rapper Nas invests into bitcoin startup Coinbase “Nasir Bin Olu Dara Jones (born September 14, 1973), better known simply as Nas  is an American rapper, songwriter and actor. Nas has released eight consecutive platinum and multi-platinum albums and sold over 25 million records worldwide. Aside from rapping and acting, Nas is an entrepreneur through his own record label, retail sneaker store, and magazine publishing.” No surprise that he has been really interested in the crypto currency world along with his

    NAS invests into Bitcoin Startups

    | 2014/05/05 1:30 pm
  • On May 2, 2014, Cloudhashing announced a merger with HighBitCoin, LLC. HighBitCoin provides advanced hardware solutions for Bitcoin mining. The two now unite under the banner of PeerNova, and are committed to providing distributed financial applications and transaction processing technology. Together, we will deliver a suite of applications based on the blockchain and related technologies. “We truly believe in a future where financial transactions are enabled by mutual trust in secure and proven algorithms. The bitcoin

    Cloudhashing and HighBitcoin announce a merger!

    | 2014/05/02 10:59 pm
  • SEATTLE — The first Bitcoin ATM has arrived in the northwest. Seattle-based Coinme fired up the ATM for public use Thursday afternoon at the Spitfire Grill in Belltown. The ATM was built by Robocoin, the main distributor of nine other Bitcoin ATMs scattered around the world, including one in California and another in Texas. It’s not your typical ATM, because this one allows users to buy or exchange Bitcoins for cash and vis versa.  New

    First Bitcoin ATM arrives to Seattle

    | 2014/05/02 1:30 pm
  • Brawker, a proxy buying platform, recently launched with a trendy post that made it to the top of the Bitcoin subreddit. For the first time bitcoin users have the chance to buy anything on the web with their bitcoins. Brawker helps bitcoin users by letting them spend their bitcoins on virtually anything, giving them an 8% discount and making bitcoin more widely used. On the other end, Brawker also allows people to buy bitcoins with a credit card or

    Brawker.com review

    | 2014/04/13 10:36 am
  • The Winklevoss Bitcoin Trust, currently moving towards regulatory approval, could be approved by the end of 2014 and will be a Bitcoin exchange-traded fund (ETF), with each share representing an amount of bitcoin held by the Trust. Currently, such an investment vehicle is only available to wealthy investors, through funds like the Bitcoin Investment Trust.  The Winklevoss ETF will allow people with a brokerage account to invest in Bitcoin without having to worry about the challenges of buying, storing, and

    Why The Winklevoss Twins’ New Bitcoin ETF Matters

    | 2014/04/12 3:00 pm
  • Some enterprising minds and one of the world’s biggest insurance markets is opening a pretty futuristic bank vault in London. But it’s not futuristic for having fancy locks or laser trip wires. It’s futuristic because of what’s inside: Bitcoin. The idea of a bitcoin bank vault seems a little silly at first. Bitcoin is a virtual currency, so why would you need a vault? Well, the new company, Elliptic Vault, is actually billing this new

    There’s a “Deep Cold Storage” Vault for Bitcoin

    | 2014/01/14 12:32 pm
  • Kolkata, Jan 5: The attention of the Commerce Ministry and Tea Board has been drawn to a section of small and specialised tea growers and exporters opting for US-based online trading platforms to use digital currency Bitcoin as a means of expanding their international business, bypassing the normal banking channels and thus depriving the Exchequer of revenue. The price this kind of shipment fetches is fantastic, around $11 per 15 gm of tea. Any consignment

    Bitcoins use by tea trade brought to notice of Ministry

    | 2014/01/07 2:06 pm