Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Mt. Gox files for bankruptcy. Yellen says Fed has no authority to regulate #bitcoin

Mt. Gox files for bankruptcy. Yellen says Fed has no authority to regulate #bitcoin | Payments 2.0 | Scoop.it
Mt. Gox has filed for bankruptcy protection, a lawyer for the beleaguered bitcoin exchange told a news conference today. Meanwhile, new Federal Reserve chair Janet Yellen has said that the central bank has no authority to regulate the crypto-currency.
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Mt.Gox Launches Bitcoins.com To Explain What The Heck A Bitcoin Is

Mt.Gox Launches Bitcoins.com To Explain What The Heck A Bitcoin Is | Payments 2.0 | Scoop.it

It's Thanksgiving! And, judging by the fact that you read tech blogs, you're probably at least a bit of a geek. Know what that means? Today's the day you get..

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Bitcoin on the way to standard compliance? Exchange MT. Gox introduces account verification

Bitcoin on the way to standard compliance? Exchange MT. Gox introduces account verification | Payments 2.0 | Scoop.it
With regulatory scrutiny of virtual currencies intensifying, the world's largest bitcoin exchange, MT. Gox, is rolling out a new identification system for users.
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Unfazed By Bitcoin’s issues, Silicon Valley VCs are keen to fund alternative digital currencies [An overview]

Unfazed By Bitcoin’s issues, Silicon Valley VCs are keen to fund alternative digital currencies [An overview] | Payments 2.0 | Scoop.it
Bitcoin's record highs and the ensuring surge in hacking attempts and thefts may be grabbing headlines. However, beneath the chaos, Silicon Valley's best-known venture firms are finally starting to make real bets around the crypto-currency...
Therese Torris's insight:

Relatively balanced overview of the Bitcoin business, its believers and its risks.

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Technical glitch at Mt Gox sparks bitcoin sell-off

Technical glitch at Mt Gox sparks bitcoin sell-off | Payments 2.0 | Scoop.it
Having seen its value soar in recent weeks, digital currency bitcoin plummeted today after a technical glitch sparked a sell off and exchange MT. Gox suspended deposits.
Therese Torris's insight:

Wasn't the bitcoin bubble waiting to burst anyway?

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Theft at Mt. Gox Shakes #Bitcoin World. Withdrawals blocked. Site could go down.

Theft at Mt. Gox Shakes #Bitcoin World. Withdrawals blocked. Site could go down. | Payments 2.0 | Scoop.it
The prominent Bitcoin exchange was said to be on the verge of total collapse following a major theft, even as another company announced plans for a high-profile virtual currency market.
Therese Torris's insight:

Major issue with largest bitcoin exchange. Price on Mt. Gox heading down towards $100. Lower than $500 on other exchanges

Other sources :

http://news.cnet.com/8301-1023_3-57619465-93/bitcoin-exchange-mt-gox-offline-amid-insolvency-charges/

http://money.cnn.com/2014/02/24/technology/security/mtgox-bitcoin/

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Mt. Gox boosts security with one-time password card

Mt. Gox boosts security with one-time password card | Payments 2.0 | Scoop.it

Bitcoin exchange Mt. Gox has moved to address security concerns by introducing a physical one-time password (OTP) generating card for users.

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US Bitcoin exchange CoinLab sues Japanese leading Bitcoin trading exchange Mt. Gox over failed partnership

US Bitcoin exchange CoinLab sues Japanese  leading Bitcoin trading exchange Mt. Gox over failed partnership | Payments 2.0 | Scoop.it
CoinLab files lawsuit against key Bitcoin exchange Mt. Gox alleging breach of contract in deal to manage North America operations. Read this article by Steven Musil on CNET News.
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Bitcoin Mike's curator insight, May 5, 2013 2:33 PM

I will be interested to see if the market for exchanges consolidates or fragments over the coming months. Clearly it is worth the cost of the lawsuit for Gox to breach the contract and maintain control over North American trades, but the dominance of one exchange platform will come with an increase in transaction fees. 

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As key exchange MtGox reopens, Bitcoin falls to $74, down 72% from its former heights

Quick heads up for all you watching the Bitcoin saga: the largest exchange of the currency, MtGox, has reopened following a self-instated halt in trading. The exchange cited an overactive ...
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Bitcoin Exchange deal repatriates assets into the US banking system

Bitcoin Exchange deal repatriates assets into the US banking system | Payments 2.0 | Scoop.it
Although the deal for Mt. Gox bitcoin exchange and CoinLab to partner on U.S. customer business was brokered by Seattle-based CoinLab, it would not have been possible without a solid and willing financial institution in the United States.
Therese Torris's insight:

Direct link to the announcement of the deal: Mt.Gox & Coinlab Announce Strategic Partnership to Bolster American Presence, Celebrate $1/2 Billion per Year in Annualized Trades

https://mtgox.com/press_release_20130228.html

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