Bitcoin

Top 10 predictions for Bitcoin in 2014 - source

The value of the Bitcoin has soared in recent months, but can the technology also help make predictions? A research team from a venture capital firm lists top 10 predictions for the digital currency in 2014.

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Singapore spells out tax policies on Bitcoin transactions- report

While other governments have not provided regulations about the digital currency, Singapore has issued regulations about how merchants can manage Bitcoin taxation and related transactions.

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Utah's Overstock.com partners with Coinbase to become largest online store to accept bitcoins as payment

Utah-based online retailer Overstock.com struck a partnership with California-based bitcoin wallet Coinbase in a deal that made it the biggest online seller to embrace bitcoins as payment.

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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.

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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.

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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.

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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.

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Overstock.com plans to start accepting Bitcoin in six months

Should everything goes as planned, online discount retailer Overstock.com will be the first prominent retailer to accept Bitcoins as payment, The New York Times Bits reported.

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Virtual currency Dogecoin gets hacked at height of niche growth

Dogecoin, which grew from a satirical meme to Bitcoin to a pseudo-legitimate currency, experienced a big hack today after virtual wallet Dogewallet announced its shutdown of services due to hackers who stole around $12,000 worth of Dogecoins from the site.

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Is it the end of Bitcoin's venture funding run?

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.

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What do emerging markets think of the Bitcoin?

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.

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Bitcoin craze nears end as common sense sinks in- report

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.

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Bitcoin's price swings underscore sensitivity to govt's decisions

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.

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Argentina's Idea.me allows South America to crowdfund with bitcoins

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.

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Bitcoin's $1000 hit came from online sex industry - report

A report noted that speculators who are looking to acquire Bitcoins by selling sex through certain Reddit subsections are rising at an alarming rate.

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