FastCoin Crypto News Archive 1
CoinTap is a Canadian startup which is seeking to make it easy for members of the public to get hold of bitcoins. CoinTap will sell bitcoin gift cards around the world that will allow recipients to claim bitcoins by using the redemption code on the card. We spoke to CoinTap’s Ashley Fulks who told us that the company is “working with a large card distribution company to get the cards distributed through convenience stores”. The gift cards are sold based on their fiat value, for example, $20. As for how many bitcoins recipients will be able to redeem, we were told that people will be able to “redeem their card for bitcoins at a competitive rate”.
An American banking regulator has issued subpoenas to several companies involved in the trade of Bitcoin, as part of an investigation into the practices behind the virtual currency. Cameron and Tyler Winklevoss are high-profile investors in the online currency. The New York Department of Financial Services is seeking information on the companies’ anti-money-laundering programmes, consumer protection measures and investment strategies, according to a Wall Street Journal report. Coinbase Inc, BitInstand and Coinsetter have reportedly received the subpoenas.
Much has been written over the past year about the new digital currency Bitcoin – especially after its price skyrocketed 15x in just a few months, followed by a blow-off correction of over 50%. But what exactly is it? How does it work? How secure is it? What are its advantages (and disadvantages) to sovereign fiat currencies? To precious metals?
A source inside Bloomberg has privately confirmed that the company is testing a bitcoin ticker among its internal staff.
The news, which should be officially confirmed by Monday, first surfaced on BTCGeek yesterday. The side said that someone overheard an employee of the financial giant at a Satoshi Square meeting mentioning that the currency was now available on the terminal, and that subsequent checks confirmed it.
“Bloomberg employees can see the Bitcoin ticker under {XBT Crncy<GO>} on their Bloomberg terminal and look up it’s [sic] pricing,” said the site.
The news, which should be officially confirmed by Monday, first surfaced on BTCGeek yesterday. The side said that someone overheard an employee of the financial giant at a Satoshi Square meeting mentioning that the currency was now available on the terminal, and that subsequent checks confirmed it.
“Bloomberg employees can see the Bitcoin ticker under {XBT Crncy<GO>} on their Bloomberg terminal and look up it’s [sic] pricing,” said the site.
We’ve all got at least a passing understanding of Bitcoin, that digital crypto-currency that can’t be regulated by any bank or government (at least for now). But here’s a trickier question: what’s a bitcoin actually worth?
It is most safe to sell products using Bitcoins than to buy them
GLOBAL LOOTING: The new EU bailin law was passed 8 days ago...did you notice?
Bitcoin Is a Real Coin! Federal Judge Rules Virtual Currency Is Valid
Spend Bitcoin on Everything, Everywhere with All4BTC- Automatically Purchase from eBay, Amzaon and Anywhere Else Online
Berlin, Germany -- (SBWIRE) -- 08/09/2013 -- Based in Berlin, Germany, https://all4btc.com/ was launched in April 2013: a Bitcoin service allowing consumers to purchase anything from eBay, Amazon, and anywhere else online with Bitcoin, without needing to convert coins to fiat first. Originally conceived due to the lack of spending options available for Bitcoiners in Europe, https://all4btc.com/ has rapidly grown into one of the largest Bitcoin proxy purchasing services available online: now processing over 400 orders every month from customers worldwide. Differentiating itself from similar services, All4BTC is the first Bitcoin proxy buying service to utilize a fully automated system for processing customers' Amazon and eBay orders.