A group of angel investors including SecondMarket founder Barry Silbert has invested $510,000 in BitPay, a firm that processes payments for merchants in the digital currency Bitcoin. BitPay says it plans to use the new capital to move its headquarters to Atlanta from Orlando and to hi...
Chris Larsen, who disrupted consumer finance in the 1990s and 2000s with E-Loan and Prosper, is seeking to shake up the industry again with Ripple, a peer-to-peer payment and lending system. Ripple looks to improve on Bitcoin, the decentralized virtual currency and payment system that...
Bitcoin and Beyond: Digital Money in 2012 It's been a rocky year for digital currencies. Facebook began phasing out its Facebook Credits while Bitcoin continues to suffer a bad reputation. However, there are some promising developments on the horizon, with experienced payments provide...
Twitter's immense popularity has caught the attention of many established payment companies and entrepreneurs. Several have attempted to turn the microblogging service into a payment channel, but so far there are few success stories.
Chris Larsen, who disrupted consumer finance in the 1990s and 2000s with E-Loan and Prosper, is seeking to shake up the industry again with Ripple, a peer-to-peer payment and lending system. Ripple looks to improve on Bitcoin, the decentralized virtual currency and payment system that...
Bitcoin-Central, a French digital currency exchange that handles the largely unregulated Bitcoin currency, now operates under French regulation after parent-company Paymium partnered with payment services provider Aqoba. Bitcoin was created as a digital alternative to cash. It has man...
There is no single definition of a mobile wallet. Each product differs vastly in its choice of technology, audience and the basic type of payment upon which it was built but most fit into a few simple categories.
The first considerable change for the Bitcoin market nears the date when rewards for 'mining' the digital currency drop from 50 to 25 bitcoins per block generated.