30 January 2015

Bitcoin: Perhaps the Most Promising Investment Opportunity of Our Age

A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected marketplace in the world—money, banking, and finance—makes it perhaps the most promising investment opportunity of our age.Unlike our current increasingly unstable and unpredictable financial system, Bitcoin...

29 January 2015

Bitcoin Processor GoCoin Adds Fiat Payout Options

GoCoin has added three new fiat currencies as payout options for merchants – euros, pound sterling and Singapore dollars.The announcements come amid a string of new details about the company’s business progress. Since raising $550,000 in November 2013, GoCoin has arguably become a big-three payment processor alongside BitPay and Coinbase due to its agnostic approach to digital currencies, accepting litecoin and dogecoin alongside bitcoin.In statements,...

FTC Complaints Detail Troubled Past of Bankrupt Bitcoin Miner CoinTerra

“I feel like I [was] cheated.”The statement is just an excerpt from one of the 39 formal complaints filed with the US Federal Trade Commission (FTC) against now-bankrupt bitcoin mining company CoinTerra and revealed in a new Freedom of Information Act (FOIA) request.The 39 complaints are a far cry from nearly 300 complaints lodged against competitor Butterfly Labs before it was temporarily shut down by the FTC in September. However, the complaints...

CoinDesk's Regulation Sentiment Survey

Are you for it, or against it?It's no secret that the bitcoin community can be divided when it comes to the topic of regulation – some believe it's necessary to bring bitcoin to the mainstream and others believe that bitcoin was built specifically to circumvent regulation.To get a better idea of where the industry stands as a whole, CoinDesk wants to hear directly from our readers about how they view bitcoin regulation around the world.Please take...

27 January 2015

Spark Capital Leads $2.5 Million Investment in Colored Coins Startup Colu

Crypto 2.0 startup Colu has raised $2.5m as part of a seed funding round that will find it seeking to advance the development of the colored coins concept.Led by VC firms Aleph and Spark Capital, contributing investors also included VC Barry Silbert’s Bitcoin Opportunity Corp and boutique angel fund Box Group. Notably, Spark Capital’s past investments include now-famous tech startups such as Foursquare, Tumblr and Twitter, as well as fashion startup...

LazyCoins to Preview The Killer Bitcoin App LazyPay at BitcoinExpo 2015 London

London, January 24, 2015 — LazyCoins demoed their killer Bitcoin app LazyPay at the BitcoinExpo 2015 in London last weekend. The company has spent months carefully and quietly planning to take the app public. Including running the payment and merchant services app through testing with a security firm. And holding Q&As in order to perfect their software and get everything right before debuting to the world. The free conference ran from January...