Bill Pay For Coins.com
"Our philosophy is simple. Make it possible to use Bitcoins for anything you ever could need to pay for." Continue reading →
Looking to spend those hard-earned Bitcoins? Victoria diner takes cybercurrency
"Cabin 12 is calling itself the first 'bricks and mortar' business in Victoria to accept cybercurrency Bitcoin as payment for meals. The restaurant has been accepting Bitcoin payments since February. And while co-owner Dan Del Villano says it's in the early stages and few have taken advantage of the option — four customers have used it and Cabin 12's Bitcoin wallet now has about $150 — he's optimistic it could become a more regular option for some customers as it garners mainstream attention." Continue reading →
New Zealand police ordered to return Dotcom material
"A New Zealand judge on Friday ordered police to return any digital material seized in an armed raid on Internet mogul Kim Dotcom’s mansion last year not directly related to the prosecution against him. The decision by High Court chief judge Helen Winkelmann follows a ruling last year that the January 2012 raid on Dotcom’s Auckland mansion was illegal because the search warrants used were too broad to be considered reasonable. Digital material such as computer hard drives were taken in the dawn swoop as part of a US probe into allegations of massive online piracy by Dotcom’s now-defunct Megaupload empire." Continue reading →
Bitcoin Grows Up
"According to the official count, 1200 enthusiasts, techie geeks, trendy investors, eccentric entrepreneurs, crypto hackers, small-government aficionados, and a few downright weirdos had descended on the Bay Area for America's first big bitcoin conference, which, for a $300 fee, promised participants a hard look at the not-so-hard future of money. In one way it was like a rich guy's LAN party, a chance to put a face to people who had known each other mainly through internet forums. But it also had the vibe of one of those night-long infomercials about the Next Big Thing." Continue reading →
New $15 Million Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills
"This month Liberty City Ventures launched the $15 million Digital Currency Fund, which seeks to invest in all types of firms in the Bitcoin ecosystem, including exchanges, banks, brokerages, investment services, insurance, infrastructure, and supporting products and services. It is the largest Bitcoin-related investment fund to date. Liberty City Ventures has been involved in the broader Bitcoin ecosystem through mining and currency investing for a number of years. The team is also very familiar with financial services and payment system startups, having recently retained former U.S. Treasury officials and regulators and computer engineers as advisors." Continue reading →
Need Some Bitcoin? Hit This ATM Machine
"The brothers are converts to the bitcoin story. They were running a guitar shop in Israel, Zach is a guitar player and was in a band, when their interest was piqued in the virtual currency. At first, their enthusiasm was limited to accepting bitcoin at the shop. Josh Harvey has a tech background, though, and together with a third partner, they dreamed up the idea of a bitcoin ATM. They built the first mock-up out of their house, but when they started showing it off at bitcoin conferences, the reception convinced them to build and sell the machine. They’ve got a manufacturer contracted and expect to start sales in the fall." Continue reading →
Microsoft alum promises to ‘mint millionaires’ with future U.S.-Mexico marijuana trade
"His company, Diego Pellicer, plans to produce, market and distribute a high-potency strain of marijuana and establish itself as the industry’s first true 'brand.' Shivley and his business partners were even featured on the local news the night Washington’s marijuana legalization law took effect, in video featuring Shivley ringing a bell to celebrate 'the beginning of the end of prohibition.' Since trying marijuana for the first time just last year, Shively says that he’s been fully converted by the controversial herb. 'I’ve just fallen in love with the plant. Especially in the medical realm I’ve gone from entrepreneur to advocate to activist, seriously.'" Continue reading →
Digital Currency Firms’ Sites Have Been Shut Down.
"One of the companies involved in digital currency transfers is Perfect Money. It just got a lot less perfect. The screws are tightening on digital money sites. Bottom line: the U.S. government reserves the right to shut down any website on earth, at any time — no appeal. Meaning: you can put your legal digital money into these sites. Then, without warning, these sites are defined by the U.S. government as money-laundering sites. They mysteriously go offline. Think of them as roach motels: your money goes in. It does not come out." Continue reading →
Google wants blimps to bring wifi access to sub-Saharan Africa
"Google is planning to develop high-speed wireless networks in sub-Saharan Africa with the help of high-altitude balloons that can transmit signals across hundreds of square miles. The internet search giant wants to connect one billion more people to the internet in emerging markets such as Africa and south-east Asia, and is ready to team up with telecoms firms and equipment providers to build networks that will improve speeds in cities and bring the internet to rural areas. Google is considering a mix of technologies, broadcasting signals from masts, satellites and even remote-controlled balloons known as blimps." Continue reading →
U.S. Government Seizes LibertyReserve.com, Arrests Founder
"The news comes four days after libertyreserve.com inexplicably went offline and newspapers in Costa Rica began reporting the arrest of the company’s founder Author Bodovsky, 39-year-old Ukrainian native who moved to Costa Rica to start the business. As noted by the BBC, many users — principally those outside the United States — simply viewed the currency as cheaper, more secure and flexible alternative to PayPal. But according to the Justice Department, Liberty Reserve enabled the use of its services for criminal activity by offering a shopping cart interface that merchant Web sites could use to accept Liberty Reserve as a form of payment." Continue reading →
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