“Bitcoin is gold for nerds. It is something that a whole new generation of people believe in. The online nature of their lives and their economy, and so bitcoin, resonates with them.” — Nicholas Colas, Convergex
Bitcoin entrepreneur Charlie Shrem was sentenced for two years in prison after being accused of illegal activities on Silk Road marketplace.
Canada-based bitcoin wallet provider Coinkite announced that its starter memebership will imply no charges and will be completely free.
The Russian rouble is doing very badly. The country’s Central Bank is trying to stem the damage with a huge interest-rate hike. And now the currency is performing worse than bitcoin.
Living Room of Satoshi has recently reopened for business after closing for two months due to introduced unfavourable tax laws.
Kenneth I. Chenault, American Express CEO, spoke on digital currency at the DealBook conference on Thursday.
Although bitcoin attracted a lot of attention last year, the cryptocurrency is in its stagnancy now.
Microsoft is now accepting Bitcoin as a payment option to buy apps, games, and other products for Windows, Windows Phone, and Xbox. Check the Coinspeaker’s list of 10 other large websites now accepting bitcoin, along with each company’s Alexa Global Rank, indicating their Web traffic ranking.
Next-generation Bitcoin exchange company BitReserve plans to present all-new Bitoil, a new form of money backed by oil.
Microsoft Inc. has just added bitcoin as a payment option for a variety of its content, including games and mobile content.
The hacker, who had stolen money from Blockchain.info, has returned all the funds back to the company, claiming the bitcoins were taken to protect the users.
Cryptonator releases an all-in-one online cryptocurrency wallet which supports Bitcoin and many altcoins and allows fast direct transactions and instant exchange between different cryptocurrencies in one personal account.
The U.S. Marshals Service has announced that a syndicate of investors organized by the trading division of SecondMarket and its Bitcoin Investment Trust won 48,000 of the 50,000 bitcoins recently auctioned by the service.
Bitcoin developers believe Sidechains that allows creating new currency within the bitcoin network could turn bitcoin in the main Internet reserve currency.
New startup, called ShitExpress, allows people to anonymously send horse poop for anyone in the world in exchange of digital currency.