Sir Richard Branson Wants a Transparent Cryptocurrency, But Will Customers?

By Ugene CheungNews

The Endorsements Billionaire entrepreneur Sir Richard Branson, whose Virgin Galactic airlines was the first to accept bitcoins for space flight, recently described bitcoin as “the pioneer of a global currency” in an interview in the April issue of Delta’s SKY Magazine. Branson clearly believes in bitcoin. Not only is he accepting it, but he’s invested…

April 22, 2014

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French Bitcoiners plan to create La Maison du Bitcoin

By Ugene CheungNews

There is a new Bitcoin-related project set to be developed in France that is creating a buzz in the cryptocurrency ecosystem. The first European physical Bitcoin Center might be a reality soon. La Maison du Bitcoin, which means “The House of Bitcoin”, is scheduled to open in the heart of Paris on May 13th. The…

April 21, 2014

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Weekly Round Up: new ATMs in Korea and China, BTC-e attacked and Mt. Gox’s change of plans

By Ugene CheungNews

Here is Bitcoin Examiner’s latest weekly round up! New Bitcoin ATM pops up in South Korea A new Bitcoin ATM that allows the users to buy and sell cryptocurrency has recently been installed in Seoul, South Korea. The machine was developed by the exchange Coinplug within a partnership with the well-known company Nautilus Hyosung, an international brand dedicated to…

April 21, 2014

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Her World on a String, Spotlight on a Bitcoin Business

By Ugene CheungNews

If you seek artisan made goods, Central Texas is the place to be. Some attribute it to the magical waters flowing from springs into the river, some attribute it to the weather, others to the people. No matter the reason, one cannot deny that Central Texas is home to a thriving entrepreneurial/artisan movement – a…

April 21, 2014

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Local politician is the first in Ireland to accept Bitcoin donations

By Ugene CheungNews

Ossian Smyth is the name of Ireland’s first Bitcoin-friendly politician. The candidate is running for Dun Laoghaire, a suburban seaside town in the Dublin county, during the next local elections scheduled for May. Smyth, a member of the Green Party, says the world’s most famous digital coin has the potential to bring more transparency to politics in…

April 20, 2014

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BTC China installs the country’s first Bitcoin ATM in Shanghai

By Ugene CheungNews

The creation of a new online app that can turn devices like a smartphone into a Bitcoin vending machine has allowed the exchange BTC China to install China’s first cryptocurrency ATM in Shanghai. The machine can be found at a coffee shop located in the Zhangjiang Hi-Tech Park.  Zhangjiang Hi-Tech Park Despite all the problems Bitcoin…

April 19, 2014

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Betting on the Blockchain: Sports Gambling and Bitcoin

By Ugene CheungNews

Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal…

April 19, 2014

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Mt. Gox To Be Liquidated

By Ugene CheungNews

A Japanese bankruptcy court declared this week that collapsed Bitcoin exchange Mt. Gox will not be permitted to reorganize and therefore must enter liquidation. The court rejected Mt. Gox’s petition (similar to a Chapter 7 filing in the United States) on the grounds that the plan of reorganization submitted by Mt. Gox is unlikely to…

April 19, 2014

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Bitcorati: A Hub For the Bitcoin Community

By Ugene CheungNews

  A major problem with adapting Bitcoin as one’s main currency is the difficulty in making trust-less transactions. Don’t get me wrong; the technology and network behind Bitcoin aren’t the problem. It’s the disconnect between the network of people that two parties may share that can create concern. There is still an issue with making…

April 19, 2014

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Everything is Starting to fall in place for Bitcoin

By Ugene CheungNews

Written by Ivan Raszl,GM of MediaBistro, blogger at Bitcoin Owl and associate at Inside Bitcoins Conference. Originally posted at http://bitcoinowl.com/everything-starting-fall-place-bitcoin Bitcoin is a fairly new phenomena. Nobody at this stage can be sure if it will survive its infancy. But, if we look at the major issues and opportunities surrounding this new technology the signs…

April 18, 2014

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