Fearing return to drachma, some Greeks use bitcoin to dodge capital controls

Fearing return to drachma, some Greeks use bitcoin to dodge capital controls

finance.yahoo.com 03 Jul '15, 5pm

LONDON (Reuters) - There is at least one legal way to get your euros out of Greece these days, to guard against the prospect that they might be devalued into drachmas: convert them into bitcoin. Although absolute figures are hard to come by, Greek interest has surged in the online "cryptocurrency", which is out of the reach of monetary authorities and can be transferred at the touch of a smartp...

ReTw

ibtimes.co.uk 01 Jul '15, 8am
ReTw

Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conduct...

The Risks of Starting a Bitcoin-Based Business

entrepreneur.com 02 Jul '15, 3pm

Bitcoin entrepreneurs are predictably quick to puff up the virtual currency’s benefits – zero-to-low transaction costs, no chargebacks and th...

How Ascribe Uses Bitcoin Tech to Help Underserved Artists

How Ascribe Uses Bitcoin Tech to Help Underserved Artists

coindesk.com 02 Jul '15, 9pm

“The creators of the Internet are getting a raw deal.” So says Trent McConaghy, CTO for Ascribe, a startup that is using the bitcoin blockchain to timestamp intellectual property and create a sustainable ownership structure for artwork and other digital media. In a new interview with CoinDesk, McConaghy, co-author of a recently published white paper “Towards An Ownership Layer For The Internet”...

Plex hacker demands Bitcoin ransom for return of data

pcworld.com 03 Jul '15, 12am

Video streaming service Plex has reset user passwords after it was breached by a hacker who t...

Venture capitalist Reid Hoffman talks unicorns, valuations, and bitcoin

fortune.com 02 Jul '15, 5pm

If there was a godfather of social networking, Reid Hoffman’s name would be near the top of t...

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