By Michael Carney On June 10, 2013 Bitcoin has received heaps of attention recently from tech early adopters and the mainstream media alike. It’s been a wild last six months which has seen the value of the virtual currency grow more than tenfold and then fall half as much, as well as ...
Most recently, US-based bitcoin exchange startup CoinLab sued Mt. Gox for $75 million alledging breach of contract related to a partnership between the two companies. According to the lawsuit, CoinLab entered an agreement to license Mt. Gox’s technology, including “exclusive right to ...
If the promises of bitcoin could ever be unlocked – perhaps one of the biggest ifs in the tech world today – it’s about as big of a venture-style opportunity as you could imagine. Right now the value of the system is a headline-grabbing $1 billion. But if its potential to be a global,...
He finds the crypto-based virtual currency fascinating, and not just because he has the bona fides of a hard core programmer. Bitcoin has the potential to be usable and feasible mainstream mode of payment — or in his words, a “payment mechanism.” While some may view it as “a crazy Lib...
It does have all the characteristics. Since February 2009, when it was first introduced, bitcoin has overcome initial skepticism and gone from mere curiosity to a billion-dollar market. About 11 million bitcoin have been mined since the crypto-based currency was introduced, and at a p...
Bitcoin is legal, but mainstream adoption will mandate playing by the rules By Michael Carney On May 17, 2013 Earlier this week, the US government took its first action against the bitcoin ecosystem , freezing the US accounts of Mt. Gox, which is the largest bitcoin exchange in the wo...
Don’t worry: I have no idea what he’s talking about either. Nevertheless, even I can see that there’s nothing in his list of papers then or now that has anything to do with cryptography, exchange systems, software development, and the like. Mochizuki tends to develop his ideas over a ...
Bitcoin-related startups should have no problem raising money considering the amount of VC interest and dedicated funds cropping up: Union Square Ventures has made a big bet, Andreessen Horowitz is studying the sector closely, and Liberty City Ventures and Secondmarket’s Barry Silbert...
