It seems like Circle has cryptocurrency all figured out. The point of Bitcoin isn’t just to use Bitcoin, despite what anarchists might think — it’s about using the digital currency to enable smoother, easier financial transactions. Circle has always gotten this, and that’s why it is moving from success to success inRead More
Post Tagged with: "Coinbase"
A lot has happened in the bitcoin multiverse this week, some seemingly positive for the embattled cryptocurrency, some decidedly negative. Starting with Microsoft dropping online bitcoin support for obscure, possibly bureaucratic reasons to the same announcement’s heavy backlash from disgruntled users wondering what in the computerized world is the ostensible motivationRead More
Where is Circle going? Last week, consumer bitcoin app Circle revealed it was the first company to be granted a BitLicense by New York State (license number BL 000001), and also noted that it will enable peer-to-peer transactions in dollars, without involving bitcoins in any way. This amounts to investing a largeRead More
It is called “cool” on Reddit, but the new bitcoin email transfer service called MoneyPacket.org just adds complexity to the movement of cryptocurrency, rather than eliminating it. MoneyPacket.org’s founder, known on Reddit as loveforyouandme, explained that he launched the service last weekend to help newbies to bitcoin: I see this beingRead More
Warning: speculative futurology alert. An IPO today is more of a branding event run by the CMO than a funding event run by the CFO. If your venture has a lot of market traction and you want $100m, get your CFO to call a couple of funds. If you wantRead More
There are many Accelerators but Y Combinator seems to lead the pack. So when one of their Fintech graduates moves into the big time, it is big news in the little corner of the world that we call Fintech. No strike that, Fintech is pretty big and getting bigger. Financial Services is up there with […]
In a landmark piece of legislation, the Canadian government passed a bill last Thursday regulating bitcoins and other forms of virtual currency. The bill, titled “An Act to Implement Certain Provisions of the Budget Tabled in Parliament on February 11, 2014 and Other Measures (Bill C-31),” is the first piece ofRead More
Financial technology startups are taking over, and people are starting to notice. 12 fintech companies made it to CNBC’s Disruptor 50, the second year that the business network signed out companies upending traditional industries.
It looks like Apple is opening the door to Bitcoin. According to the new iOS App Store guidelines, Apple has lifted its ban on apps that facilitate transactions in bitcoins and other virtual currencies. Google’s Android platform has long been noted as being more bitcoin-friendly. On Twitter today, Andreessen HorowitzRead More
Financial technology startups have been raising lots of capital recently. Add Bitcoin mining manufacturer BitFury to the club of startups that have scored a +$20 million funding round. The company, which creates powerful machines, processors, and chips to mine for Bitcoin, closed a massive round of financing earlier today, ledRead More