Many speculates why Microsoft stops accepting Bitcoin as a mode of payment for purchasing apps in its Windows Store. Users became alarmed since they can no longer add Bitcoins to their account and existing balance can no longer be refunded. A Microsoft spokesperson apologized for the incorrect information and said that it will be taken care of.
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A bitcoin startup Digital Asset Holdings has received funding from major banks. It will work closely with investors on research and commercialization of bitcoin technology applications. Digital Asset said that it has raised over $50 million funding from 13 investors. The list of investors includes JPMorgan Chase & Com, Citigroup Inc, BNP Paribas SA, CME Group Inc and Accenture Plc.