DigitalBTC Buys $10.1M in Bitcoin While Running Loss of $1.2M

In this year’s second quarterly report, Australian firm DigitalBTC says that it has put up $1.2 million in losses, bringing the total losses for the year to $2,744,000. Despite this, the company has purchased a total of over $29.6 million in bitcoins this year, with $10,116,000 of that being in this quarter. The bitcoins are […]

Bitcoin On The March: BNP Paribas Tests Bitcoin On a Currency Fund

Bitcoin continues to push deeper into mainstream currency trading with BNP Paribas, France’s largest bank. The bank is testing bitcoin for one of its currency funds, according to International Business Times UK. A source at BNP Paribas told IBTimes UK the bank has been “beta testing” crypotocurrency with one of the bank’s currency funds in […]

Top Bitcoin Gambling Brands Get Extra Boost from CoinPoint’s Expertise

Top and emerging brands rely on CoinPoint’s expertise in the Bitcoin gambling niche to help them reach their target goals on the cryptocurrency gambling market. The premier Bitcoin media and marketing agency is the answer to the concerns and dilemmas of Bitcoin casinos and gambling sites aiming to be ahead of the competition. With enough […]

Time For Plan Bitcoin? Barclays to Close Certain Cypriot and Greek Accounts

British bank Barclays has confirmed they will be implementing new requirements for account holders living in certain other parts of Europe, particularly Cyprus and Greece, which have both experienced significant economic turmoil in recent times. The bank’s new requirement is a minimum balance of €100,000 for account holders residing in these zones, or else they’ll […]

New York Court Rejects Facebook Bid to Stop Search Warrants

As it stands now, it is crystal clear that Facebook Inc. has failed in its bid to stop the biggest search warrant ever received by the company. This came to fruition as a result of a court ruling in New York. The ruling has the potential of mitigating the volume of information social media sites […]

12 Types Of Currency Throughout History You Could Eat, Drink or Smoke

Earlier this month a regional court in Moscow ruled that farmer Mikhail Shlyapnikov could not print or use his own currency. Shlyapnikov plans to appeal the ruling. The farmer introduced his own type of exchange unit, kolions, to insulate his village from economic turmoil. The currency name comes from his village, Kolionovo, and was pegged to […]

itBit Announces Launch of Global OTC Agency Trading Desk

Today, New York-based bitcoin exchange itBit announced that it had launched its Global OTC Agency Trading Desk. This agency offers over-the-counter trades between large investors and is targeted toward clients who are interested in transactions over 100 bitcoin. This service is similar to brokerage services offered by Binary Financial or Barry Silbert’s Genesis Trading. By […]