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  • October 21, 2014
  • Last updated: 5:51pm
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  1. News - World - CURRENCY

    Norwegian's forgotten US$25 bitcoins enough to buy luxury flat

    Posted Oct 30th 2013, 09:14pm by GUARDIAN

    ... The Guardian Norwegian's US$25 virtual currency purchase in 2009 becomes US$847,000 windfall; he cashes in part of it for an apartment in Oslo Forgotten bitcoins enough to buy a flat The meteoric rise in the bitcoin virtual currency has meant that within the space of four years, one Norwegian man's forgotten US$25 investment has turned into an US$847,000 windfall. Kristoffer ...

  2. Business - Banking & Finance

    Las Vegas casinos to accept bitcoin virtual currency

    Posted Jan 22nd 2014, 02:02pm by Reuters

    ... Reuters Customers will be able to use virtual currency to pay for hotel rooms and related purchases Las Vegas casinos to accept bitcoins Two Las Vegas casino hotels will become the first known US commercial gambling houses to allow the use of the unregulated digital payment system bitcoin, casino officials said on Tuesday. The Golden Gate Hotel and Casino and The D Las Vegas ...

  3. Comment - Blogs

    Bitcoin developers slam claims of security flaw

    Posted Feb 11th 2014, 02:43pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Bitcoin core developers Gavin Andresen and Jeff Garzik hit back at the embattled Mt Gox team after the Japanese company claimed a security flaw in the digital currency’s network was responsible for its trading troubles. Andresen and Garzik said it was a cynical attempt to shift blame to developers and Bitcoin itself. They said the Tokyo-based exchange’s ...

  4. 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, ...

  5. News - Hong Kong - IN THE SPOTLIGHT

    Value of virtual currency bitcoin skyrockets

    Posted Nov 24th 2013, 06:12am by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Value of the world's most recognised virtual currency quadrupled over the past 30 days Bitcoin goes mainstream as US indicates support The bitcoin bulls ... cash. A US Senate hearing put bitcoin firmly in the mainstream and triggered fresh support from countries that tend to fall in line with America's financial regulatory regime. In the past ...

  6. Business - Companies

    Firms profit from bitcoin equipment sales boom

    Posted Jan 04th 2014, 02:14am by BLOOM

    ... Bloomberg in Portland, Oregon Market for the mining machines grows with the value of the virtual currency Firms profit from bitcoin equipment sales boom Taiwan Semiconductor Manufacturing, Advanced Micro Devices and other companies saw more than US$200 million in sales last year for computing components used to create bitcoins, Wedbush Securities said. The virtual currency, which ...

  7. News - World - FINANCE

    US$28m of bitcoins from website Silk Road transferred to US government

    Posted Jan 17th 2014, 10:39pm by AP

    ... Associated Press in New York US$28m of bitcoins transferred to US A record US$28 million of bitcoins has been formally transferred to the US government several months after it was seized ... approved the forfeiture of the bitcoins and the website, and three months after San Francisco entrepreneur Ross Ulbricht was arrested on charges he operated an online marketplace for illegal drugs, ...

  8. News - China - FINANCE

    Savers boosting bitcoin demand in China, exchange says

    Posted Nov 15th 2013, 05:26pm by Agence France-Presse in Singapore

    ... Agence France-Presse in Singapore Bitcoins, the unofficial online currency units created as an investment instrument independant of banks, are booming on the mainland A co-founder of China’s biggest bitcoin exchange on Friday said there were “boundless opportunities” for the digital currency in the country because of the Chinese saving ethic. “The main reason why bitcoin has ...

  9. News - World - CURRENCY

    Apple accused of having unstated policy against bitcoin payments

    Posted Dec 11th 2013, 07:43pm by GDN

    ... The Guardian Industry players accuse the company of having an unstated policy against the internet currency Apple blocks bitcoin payments on message app Apple has forced a secure messaging app to remove the ability to send bitcoin payments or be booted off the iOS App Store. The move reinforces the belief of some industry players that the company has an unstated policy against ...

  10. Business - Banking & Finance - TRADING

    PBOC signals rattle Chinese bitcoin exchanges

    Posted May 07th 2014, 01:08am by BLOOM

    ... Bloomberg in Shanghai Leading operators including BTC China to skip global conference amid regulatory uncertainties PBOC signals rattle Chinese bitcoin exchanges Several of China's largest bitcoin exchanges pulled out of a global conference in Beijing this weekend after the central bank signalled further curbs on speculative trading of the virtual currency. BTC China said ...




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