Tags: Bitcoin

Report gives 5 lessons gleaned from the Bitcoin phenomenon

Reuters Breakingviews Economics Editor Edward Hadas said the Bitcoin is nearing its end. Before it becomes forgotten, he gives five lessons that can be learned from the Bitcoin mania.


Taiwan rejects Bitcoin ATMs

The government of Taiwan said no to American firm Robocoin's installation of Bitcoin ATMs in the country because it believes Bitcoins are not real currencies, according to a government officer.

American game maker Zynga embraces Bitcoin

US-based social games maker Zynga is testing Bitcoin payments for in-game purchases in some of its popular titles including FarmVille 2 and ChefVille, and has partnered with BitPay to handle the transactions.

Asia's richest man invests in US startup BitPay

Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.


Latest News

As the hype about the Bitcoin dies, a PCWorld report asks if the well for venture funding for the digital currency has come to an end.
A survey from Jana, a mobile platform that connects brands with consumers in the emerging markets, revealed that a good number of respondents from Asian countries know about the Bitcoin.
As common sense begins to sink in, it has become evident that there is no good reason to own Bitcoins, Edward Hadas of Reuters Breakingviews writes.
The Bitcoin's price instability is a reflection of the digital currency's vulnerability to the decisions of government officials, The New York Times The Dealbook reported.
Idea.me, a crowdfunding platform founded in Argentina, now allows people in seven Latin American countries to fund projects and startups using bitcoin in lieu of credit cards and PayPal.
A report noted that speculators who are looking to acquire Bitcoins by selling sex through certain Reddit subsections are rising at an alarming rate.
Some industry observers believed excess liquidity spurred by central banks' economic monetary policies could result to asset bubbles in niche markets by year 2014.
Jason O'Grady offers Bitcoin speculators a more cost-effective investment in Litecoin, a crypto-currency which is second to Bitcoin in terms of market capitalization.
Recent study about the unfamiliarity of Bitcoins in most of Americans deduced that unless the virtual currency actually collapses, speculators, especially early investors, could continue reap gains as the virtual currency continuously rises.
SecondMarket founder and chief executive Barry Silbert claimed in an article on Entrepreneur that Wall Street will soon invest their money in hundreds of millions into Bitcoin.
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