Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.
Chief Executive Officer Patrick Byrne of Overstock said they are recording $20,000 to $30,000 worth of Bitcoin transactions per day and growing, Business Insider reported.
Big Fish Games is collaborating with Coinbase so that it can accept Bitcoin as a form of payment for games and virtual goods in its gaming platform, VentureBeat reported.
iPhone fans aren't too happy that Apple has decided to remove a Bitcoin application called Blockchain from the app store, with some taking extreme action to show their displeasure to Apple, Bloomberg reported.
Tech giant Apple has cleared the App Store of all Bitcoin mobile wallet apps by pulling Blockchain from the store on Wednesday without a clear explanation for the move, but retained other non-wallet Bitcoin apps in the said store.
Mountain View, California-based personal finance app Mint is integrating with San Francisco-based bitcoin wallet service Coinbase to help clients track their bitcoins along with their other financial accounts.
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.
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.
Coinbase, a digital wallet services provider, raised $25 million in a Series B funding round participated by Andreessen Horowitz, Union Square Ventures and Ribbit Capital.
According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.