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  • September 17, 2014
  • Last updated: 8:07pm
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  1. News - World - BRITAIN

    British IT worker accidentally throws out HK$50m worth of bitcoin treasure

    Posted Nov 28th 2013, 09:16pm by GDN

    ... The Guardian in London IT worker created the virtual currency when it was almost worthless, then he accidentally threw away hard drive when cleaning up HK$50m bitcoin buried in dump Buried ... of virtual currency holding 7,500 bitcoins. He had created them for almost nothing in 2009 and the value of bitcoins has since soared. This week, the price rose above US$1,000. It has been rising ...

  2. Business - Banking & Finance - VIRTUAL CURRENCY

    Hong Kong entrepreneurs could win a slice of the bitcoin pie

    Posted Nov 17th 2013, 05:03am by DANNY LEE

    ... on bitcoins puts HK in frame An influential digital currency evangelist says Hong Kong can grab a huge slice of the controversial multibillion-dollar bitcoin industry as US hostility towards virtual money increases. Roger Ver, 34, a bitcoin millionaire, told the South China Morning Post that efforts to disrupt the digital currency money market would be futile. "It's not stoppable. ...

  3. Business - Banking & Finance

    Bitcoin users can buy and sell them at new ATM

    Posted Oct 30th 2013, 11:11am by Reuters

    ... launch a new era for the digital currency bitcoin, offering an almost instant way to exchange the world’s leading virtual money for cash. The value of a bitcoin soared from US$13 in January to a high of US$266 in April as more businesses and consumers used it to buy and sell online. Some investors are also treating bitcoins like gold, using them to hedge against currency fluctuations ...

  4. Business - Banking & Finance

    US government auction of bitcoins attests to virtual currency's appeal

    Posted Jun 26th 2014, 01:08am by BLOOM

    ... Bloomberg in Washington Despite the plunge in the virtual currency's value, investors are lining up for US sale Auction attests to bitcoin's appeal Buyers from Wall Street to Silicon Valley are lining up to bid on a cache of bitcoins worth US$17.4 million, underscoring the interest in the digital currency even after its boom and bust. Pantera Capital Management, a San ...

  5. Lifestyle - Technology - DIGITAL MONEY

    Bitcoin miners find it increasingly hard to make money

    Posted Nov 10th 2013, 03:26am by Reuters

    ... Reuters It's becoming increasingly tough to earn money from making bitcoins; it's the makers of souped-up computer equipment that are minting it The wild, wild west of Bitcoin ... prospector looking for bitcoins. Since discovering the digital currency a few months ago, Jackson-Wilde has paid about US$2,000 for his "rigs", which are powered by specialised computer ...

  6. News - China - CURRENCY

    Baidu stops accepting bitcoin payment after government ban

    Posted Dec 08th 2013, 06:27am by BLOOM

    ... Bloomberg Search engine follows central bank's lead in barring currency, causing price plunge Baidu stops bitcoin payment after ban Baidu, China's biggest internet search engine, has stopped accepting bitcoins after the central bank barred financial institutions from handling transactions, triggering a drop in the virtual currency. Bitcoin fell more than 20 per cent ...

  7. Comment - Blogs

    Panic selling grips Bitcoin markets after trading platform suspends withdrawals indefinitely

    Posted Feb 10th 2014, 09:35pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Japan-based Mt Gox suspends Bitcoin withdrawals over software flaw that could allow users to defraud exchanges Panic selling gripped Bitcoin markets after one of the world’s top trading platforms suspended Bitcoin withdrawals indefinitely, citing a software flaw that could allow users to defraud exchanges. The price per Bitcoin dropped some 20 per cent ...

  8. News - World - CURRENCY

    Mt Gox finds 200,000 ‘forgotten’ bitcoins after bankruptcy filing

    Posted Mar 21st 2014, 10:46pm by Reuters

    ... Reuters in Tokyo Exchange finds 200,000 of virtual currency worth US$117m a week after filing for protection Bankrupt Mt Gox finds'forgotten' bitcoin stash Mt Gox said yesterday that it found 200,000 "forgotten" bitcoins on March 7, a week after the Tokyo-based digital currency exchange filed for bankruptcy protection saying it lost nearly all the 850,000 bitcoins ...

  9. News - Hong Kong - E-COMMERCE

    Hong Kong-based entrepreneur planning Asia's first bitcoin conference

    Posted Nov 09th 2013, 04:37am by Angela Meng, DANNY LEE

    ... Angela Meng and Danny Lee As digital currency hits record high, HK-based entrepreneur is organising the first Asian conference dedicated to the virtual system Betting on the bitcoin as value escalates Hong Kong-based entrepreneur Eddy Travia will host the first Asian conference on bitcoin next week, in Singapore, with the digital currency hitting a record price of US$315 ...

  10. Lifestyle - Technology - SHORT SCIENCE

    Short Science, September 14, 2014

    Posted Sep 14th 2014, 04:18am by AGENCIES

    ... Paypal to take bitcoin payments Paypal will start accepting bitcoin payments through its subsidiary, Braintree, the company says. The firm is partnering with bitcoin payment platform Coinbase, one of the largest bitcoin companies, which handles payments for clients including Overstock and Reddit. "This is PayPal making a move to embrace bitcoin," Bill Ready, ...




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