Bitcoin and Virtual Currencies
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Lawsky Says New York Will Adapt Money Transfer Rules for Bitcoin

Lawsky Says New York Will Adapt Money Transfer Rules for Bitcoin | Bitcoin and Virtual Currencies | Scoop.it
New York state will adapt existing rules on money transmission to license digital currency firms, financial services Superintendent Benjamin Lawsky said in remarks prepared for a conference in Washington today.
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The Bitcoin Bad News Round-up

The Bitcoin Bad News Round-up | Bitcoin and Virtual Currencies | Scoop.it
The biggest problem Bitcoin faces this week comes from what was once its largest exchange: Tokyo-based Mt. Gox.
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Transaction Malleability: MtGox's Latest Woes - Bitcoin Magazine

Transaction Malleability: MtGox's Latest Woes - Bitcoin Magazine | Bitcoin and Virtual Currencies | Scoop.it
MtGox, a Bitcoin exchange that used to have over 90% market share in the industry and still remains one of the top three Bitcoin exchanges today, announced on Friday that they would be halting BTC withdrawals as a result of unspecified internal technical issues, and promised that they would have an update by Monday. The Bitcoin price dropped 10% partly as a result of the news, and conspiracy theories abounded about what was going on inside. One Bitcoin user travelled from Australia to hold a protest in front of the MtGox offices, and even had a conversation with MtGox CEO Mark Karpeles – a conversation the details of which he published in his post on Reddit. Today, MtGox announced that …
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The CoinDesk Mining Round-Up: Alydian, Dogecoin and Cloud Mining

The globe's most important mining news, featuring: bad news for Alydian, dogecoin gets inflation, and new ways to mine.
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Reserve Bank of India Pressed for Clarification on Virtual Currency

Reserve Bank of India Pressed for Clarification on Virtual Currency | Bitcoin and Virtual Currencies | Scoop.it
An Indian bitcoin enthusiast has pressed the RBI for clarification after it issued a virtual currency warning in December.
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'CoinThief' Mac Malware Steals Bitcoins From Your Wallet

'CoinThief' Mac Malware Steals Bitcoins From Your Wallet | Bitcoin and Virtual Currencies | Scoop.it
Malware hidden in a private wallet app is reportedly stealing large amounts of bitcoin from Mac OS X users.
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Despite Russian Ties, Lithuania Looks to Europe for Bitcoin Regulation Lead

Despite Russian Ties, Lithuania Looks to Europe for Bitcoin Regulation Lead | Bitcoin and Virtual Currencies | Scoop.it
Lithuania is monitoring global bitcoin regulation, but suggests Europe's moves may have biggest impact.
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57% of Brits Are Aware of Bitcoin

More than half of Brits are aware of bitcoin, a new survey has revealed.
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The Promise of Bitcoin Micropayments: Corporations, Incentives and Altcoins

Micropayments could help provide a future for cryptocurrencies, but there are many factors yet to be ironed out.
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Israeli startups dream of a Bitcoin world

Israeli startups dream of a Bitcoin world | Bitcoin and Virtual Currencies | Scoop.it
TEL AVIV (Reuters) - Welcome to the new economy, boasts a sign at the entrance of the self-styled Bitcoin Embassy in the heart of Tel Aviv.The sparely furnished property opened a few months ago to support
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Bitcoin Faces Credibility Crisis as Major Exchange Struggles - MainStreet

Bitcoin Faces Credibility Crisis as Major Exchange Struggles - MainStreet | Bitcoin and Virtual Currencies | Scoop.it
Mt. Gox, one of the first and largest bitcoin exchanges, faces mounting issues.
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Is Bitcoin the technology of the future? "Over the next 5 years I think digital money will catch on", Bill Gates

Is Bitcoin the technology of the future? "Over the next 5 years I think digital money will catch on", Bill Gates | Bitcoin and Virtual Currencies | Scoop.it
After the weekend’s 20 percent plunge and Monday’s flash crash, columnists and pundits discussed the idea that this is the end of bitcoin (BTC) and the cry
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J.P. Morgan Weighs In on Bitcoin - MoneyBeat - WSJ

J.P. Morgan Weighs In on Bitcoin - MoneyBeat - WSJ | Bitcoin and Virtual Currencies | Scoop.it
There's been some scary talk about Bitcoin so far this week.Now J.P. Morgan's head of foreign exchange strategy, John Normand, has written a research note outlining his thoughts on the virtual currency, and they're not altogether supportive.
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Bitcoin Exchange Bitstamp Halts Withdrawals

Bitcoin Exchange Bitstamp Halts Withdrawals | Bitcoin and Virtual Currencies | Scoop.it
Bitstamp, one of the biggest online Bitcoin exchanges, has suspended withdrawals, the latest setback for the virtual currency following a service disruption at a Tokyo-based exchange last week.
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Of Bitcoin and EBITDA and Micropayments, oh my! - Bitcoin Magazine

Of Bitcoin and EBITDA and Micropayments, oh my! - Bitcoin Magazine | Bitcoin and Virtual Currencies | Scoop.it
  EBITDA? Micropayments? Bitcoin? What? EBITDA [i] is simply the Earnings that a company has Before Interest, Taxes, Depreciation, Amortization. It is in essence a true representation of a company’s earnings power. How much money did the company make if we only include the products of the company and not any extraneous factors? The SEC doesn’t recognize EBITDA as an official metric, so in this case we’ll use “net income” as a substitute. So, in Amazon’s case for the 3 months ending 2013/12/31 net income was $510 million on Gross Sales of $25,587 million. If we assume that they pay the industry standard 2% of their sales for merchant services, or in other words, the ability to actually take credit …
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Triple Entry Bookkeeping With Bitcoin - Bitcoin Magazine

Triple Entry Bookkeeping With Bitcoin - Bitcoin Magazine | Bitcoin and Virtual Currencies | Scoop.it
Triple entry accounting is an enhancement to the traditional double entry system in which all entries are cryptographically sealed by a third entry.
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Too Good To Be True? Bitsavings Evokes Memories of Trendon T. Shavers

Too Good To Be True? Bitsavings Evokes Memories of Trendon T. Shavers | Bitcoin and Virtual Currencies | Scoop.it
A company says it will guarantee returns of 5%/month for bitcoin depositors, raising eyebrows as scheme uses similar promises to an old bitcoin ponzi scam.
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Money2020 'Bitcoin World' Brings Bitcoin and Finance Leaders Together

Money2020 'Bitcoin World' Brings Bitcoin and Finance Leaders Together | Bitcoin and Virtual Currencies | Scoop.it
Over 5,000 people from 2,000 companies will have the opportunity to engage with bitcoin at the 2014 summit.
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Australia Will Set Official Tax Guidelines on Bitcoin This Year

Australia Will Set Official Tax Guidelines on Bitcoin This Year | Bitcoin and Virtual Currencies | Scoop.it
The Australian Taxation Office will issue formal guidelines on taxing bitcoin business by the end of June.
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New York Hedge Fund Has Already Taken $5.4m in Bitcoin Deposits

New York Hedge Fund Has Already Taken $5.4m in Bitcoin Deposits | Bitcoin and Virtual Currencies | Scoop.it
Investment provider NYSO HEDGE now accepts bitcoin and says BTC is far more secure than credit cards.
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Fiverr Teams Up With Coinbase to Pay for Services in Bitcoin

Fiverr Teams Up With Coinbase to Pay for Services in Bitcoin | Bitcoin and Virtual Currencies | Scoop.it
Freelancers and microtaskers selling services on Fiverr can now get paid in bitcoin, thanks to a partnership with Coinbase.
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Bitcoin Wins Best Technology Achievement But Satoshi Doesn’t Show | TechCrunch

Bitcoin Wins Best Technology Achievement But Satoshi Doesn’t Show | TechCrunch | Bitcoin and Virtual Currencies | Scoop.it
Eyewitnesses at the Crunchies tonight reported seeing a shadowy figure hiding in the eaves of the opera hall, watching the proceedings with a gimlet eye...
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Like an Emerging Currency, Bitcoin is ‘Vastly Inferior’ to Fiat Money - Focus on Funds - Barrons.com

Like an Emerging Currency, Bitcoin is ‘Vastly Inferior’ to Fiat Money - Focus on Funds - Barrons.com | Bitcoin and Virtual Currencies | Scoop.it
Unlike the Bitcoin bulls at Bank of America Merrill Lynch, J.P. Morgan Securities foreign-exchange strategist John Normand sees something less than a future of widespread digital currency. Think of Bitcoin topping out at something like Mauritanian stocks or the Argentine peso, or maybe at best superceding gold and its heavily traded SPDR Gold Trust (GLD) as a kind of [...]
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Microsoft adds Bitcoin to Bing's currency converter

Microsoft adds Bitcoin to Bing's currency converter | Bitcoin and Virtual Currencies | Scoop.it
Crypto-currency's value against more than 50 other currencies can now be found with a simple search query. Read this article by Steven Musil on CNET News.
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Scary Bitcoin Glitch Revealed but Does It Go Beyond Mt. Gox? - MoneyBeat - WSJ

Scary Bitcoin Glitch Revealed but Does It Go Beyond Mt. Gox? - MoneyBeat - WSJ | Bitcoin and Virtual Currencies | Scoop.it
The talk of the bitcoin community Monday was something called “transaction malleability,” an unintended feature of bitcoin’s underlying software that Tokyo-based exchange Mt. Gox blamed for the problems that led it to halt customer withdrawals on Friday.
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