Bloomberg/Businessweek.comm, just published a piece on the hip-hop artist known as Pitbull, one of our South Florida celebs and his business ventures outside of the music world. According to the article Pitbull's attorney is trying to get his client Pitbull to possibly invest in Bitcoin and are looking forward to a meeting none other than Merlin Kaufman, who in addition to being a world-class … [Read more...]
New York Looking to Regulate Bitcoin Businesses
New York Looking To Regulate Bitcoin There is news out today that New York is looking to regulate Bitcoin, there is a focus on protecting the consumer, while also making sure that cybersecurity is in place along with anti money laundering compliance. Mary Beth Quirk wrote on The Consumerist: New York has taken a step in the direction of keeping consumers’ safe with a proposed plan that sets … [Read more...]
Argentina and France Looking to Require Identity Verification for Bitcoin Users
There was an interesing article on Coin Buzz written by Andrew Moran, the article is about governments looking to find new ways and rules to regulate Bitcoin and other cryptocurrencies. Argentina and France will both be requiring identity verification. This may make an alt crypto currency like Dark Coin more desirable going forward. Dark Coin has stressed the need for an anonymous digital … [Read more...]
State of Bitcoin Q2 2014
Coin Desk put together a very nice presentation that took a look at the year over year growth of Bitcoin From the article: In April we announced that CoinDesk would be publishing State of Bitcoin updates on a quarterly basis. Given the positive response we have received since 2014’s first report, we are pleased to release our latest update. This State of Bitcoin Q2 report focuses on data … [Read more...]
Bitcoin Domain-Name Prices Defy Drop in Virtual Currency’s Value
Mike Robertson of Domain Guardians was quoted in an article out today on Bloomberg. The article written by Olga Kharif looks at the demand for Bitcoin related domains while the value of Bitcoins have actually declined substantially from their highs. The article quotes a number of sources involved with both crypto currencies and domain names, well worth the read. From the article: Bitcoin’s 46 … [Read more...]
Founder of Mt. Gox To Sell BitCoins.com In HA.com Domain Auction On July 24th
The URL Bitcoins.com will hit the auction block on July 24, 2014, as Part of Heritage Auctions’ Domain Names & Intellectual Property Auction. The domain name is being sold by Mark Karpeles, the controversial founder of the failed Bitcoin exchange Mt. Gox, and is expected to bring more than $750,000. "We are hoping, with the sale of Bitcoins.com, to provide some relief to the people … [Read more...]
Silicon Valley VC is the sole Winner of Government Bitcoin Auction
Last week the U.S. government held an auction for 30,000 bitcoins that were previously seized. Reuters is reporting that Tim Draper a well known Silicon Valley VC purchased the coins. In the article Draper noted that he saw the auction as a sign that Bitcoin had a real value to society, if not they would have just buried them. I am not sure that anyone can say if that is actually true, the … [Read more...]