Bitcoin receives red carpet welcome in the Isle of Man June 10, 2014 Digital currencies have received a ringing endorsement from the government of the Isle of Man. The crown dependency has announced it will be taking specific measures to protect businesses and customers utilising digital currencies, such as Bitcoin. "Our stance is intended to welcome those who can meet the necessary standards while also preserving the Island’s good [...]
Bitcoin media coverage distracting from its true potential says Deloitte July 1, 2014 Overzealous media coverage of the controversial aspects of Bitcoin, such as criminal activity, price volatility and exchange collapses could be distracting governments and private businesses from the long-term potential of the cryptocurrency, according to a new report from Deloitte University Press. The report highlights the evolutionary nature of Bitcoin and its potential to be much [...]
Bitcoin Britain: Could London become the capital of cryptocurrencies? June 4, 2014 Prospects for Bitcoin in the UK have been boosted over the past week after the Financial Conduct Authority (FCA) launched a new fast-track initiative – Project Innovate. Speaking at the project's launch, FCA chief executive Martin Wheatley said, "positive developments" in financial innovation that improve the lives of consumers should be supported by the country's [...]
Bitcoin exchange lands $1.6m as ex-Goldman Sachs trader seeks to replace MtGox July 23, 2014 Following the disastrous collapse of the MtGox Bitcoin exchange, Japan is set to see a revival of the Bitcoin ecosystem. This comes after former Goldman Sachs employee, Yuzo Kano, raised $1.6m for the Japan-based bitFlyer exchange, according to Bloomberg Businessweek. The money was raised from a venture capital firm and is the country's largest Bitcoin [...]
Venture capitalist Tim Draper wins Silk Road $19m bitcoin auction July 2, 2014 Venture capitalist Tim Draper has been revealed as the winner of last Friday’s auction of 30,000 bitcoins, worth $19m (£11m), which were seized by US Marshals from the operators of the Silk Road, an online marketplace allegedly used for sales of illegal drugs and money-laundering. Reuters reported that Draper saw off 45 other bidders, who [...]
Capital One is looking for someone to help them understand Bitcoin June 9, 2014 One big player in financial services is taking Bitcoin more seriously. Capital One, the US bank holding company, is looking to hire a data scientist to help investigate the impact of the cryptocurrency. Capital One wants a recruit with a bachelor's degree in a quantitative discipline, at least a year of experience with a programming [...]
Julian Assange’s nuggets of gold: What you can say about the world in 1,500 days January 14, 2015 It's amazing how many of the world's problems you can solve from inside the Ecuadorian embassy. Julian Assange, Wikileaks founder and one of world's favourite critics of everything, has not let a major world event pass him by without a profound piece of commentary slipping from his lips. Since he arrived at the [...]
MtGox operator set to sell Bitcoin trademarks May 28, 2014 The holding company of the stricken Bitcoin exchange MtGox is hoping to sell the trademarked word Bitcoin, according to the Wall Street Journal. Tibanne is looking to raise around $1m from the sale, which would include the Bitcoin trademarks in Japan, the European Union and the Bitcoins.com domain name. The company's chief executive said they [...]
Bank of England deputy governor says Bitcoin is an “interesting” payment tech June 11, 2014 Bitcoin is an “interesting” technology, says newly appointed Bank of England deputy governor Ben Broadbent. Speaking before the Treasury Select Committee (TSC), Broadbent said that “the payment technology is interesting” but that the idea that it is a proper currency is “much less clear”. Now responsible for monetary policy, Broadbent said that the first lesson [...]
Bank of England deputy governor says Bitcoin is an “interesting” payment tech June 11, 2014 Bitcoin is an "interesting" technology, says newly appointed Bank of England deputy governor Ben Broadbent. Speaking before the Treasury Select Committee (TSC), Broadbent said that "the payment technology is interesting" but that the idea that it is a proper currency is "much less clear". Now responsible for monetary policy, Broadbent said that the first lesson [...]