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Bloomberg.com

Bloomberg is a premier site for updated business news and financial information. It delivers international breaking news, stock market data and personal ...

  • #bitcoin

    Ex-Goldman Trader Who Bought Bitcoins Goes Mainstream

    bloomberg.com 30 Sep '14, 4am

    Why does anyone devote any time to checking transactions? Because programmers earn new bitcoins for the work -- if their computers also find, by trial and error, the solution to a complex equation that the bitcoin system automatically makes harder as more computing power goes to work ...

  • Bitcoin Is Growing Up: Now You Can Hedge Your Investments - Bloomberg

    Bitcoin Is Growing Up: Now You Can Hedge Your Investments

    bloomberg.com 30 Sep '14, 4am

    Christian Martin and Leonard Nuara go to a lot of bitcoin conferences, and, at 49 and 55, respectively, they invariably feel old. “Everyone else is 25 and good-looking,” Nuara says. The graybeards are trying to help bitcoin grow up. Their company, TeraExchange LLC , runs the first reg...

  • What's a Bitcoin Look Like? Popular Photograph Has Story - Bloomberg

    What’s a Bitcoin Look Like? The Story Behind This Popular Photograph -

    bloomberg.com 30 Sep '14, 5am

    Dollars, euros and pounds are easy to visualize: They’re physical objects. Being digital, bitcoins aren’t tangible -- which has become a boon for George Frey. “I’ve sort of cornered the market on bitcoin photos,” the Provo, Utah –based photographer says in the November issue of Bloomb...

  • Circle Debuts #Bitcoin Accounts for Mainstream Users via @olgakharif for @BloombergNews

    Circle Debuts Bitcoin Accounts for Mainstream Users

    bloomberg.com 29 Sep '14, 12pm

    Circle Internet Financial Ltd. introduced its online accounts for sending, receiving and storing bitcoins, seeking to make it easier for consumers to use the virtual currency. The Boston-based startup, which has raised $26 million in funding to date, has been testing the service for s...

  • IPO

    Singapore Spicy-Crab Restaurant Chain Jumbo Said to Prepare IPO

    bloomberg.com 24 Sep '14, 1am

    Jumbo Group, the Singapore restaurant chain known for its chili and black pepper crabs, plans to sell shares in an initial public offering next year, according to a person with knowledge of the matter. The company, controlled by the Ang family, plans to raise about S$30 million ($24 m...

  • Bitcoin Economy Widens as Parents Pay Digital Allowance via @BloombergNews

    Bitcoin Economy Widens as Parents Pay Digital Allowance

    bloomberg.com 25 Sep '14, 4am

    Three factors are attracting consumers to bitcoin. The currency is less volatile. New apps and digital wallets make using it easier. And mainstream companies -- more than 75,000, according to payment services Coinbase and BitPay -- accept the virtual currency. Consumers can use bitcoi...

  • Indonesia Bank Founder Sues Gallery Owner Over Botero Art

    bloomberg.com 25 Sep '14, 12am

    Tahir, the Indonesian tycoon who teamed with the Bill & Melinda Gates Foundation last year to fight polio, sued a Singapore art gallery owner over a Fernando Botero bronze sculpture. The founder of Indonesia’s PT Bank Mayapada Internasional (MAYA) is seeking S$1.6 million ($1.3 millio...

  • How to Buy Islands, Gold Mines and Villas With Bitcoin - Bloomberg

    How to Buy Islands, Gold Mines and Villas With Bitcoin

    bloomberg.com 18 Sep '14, 4am

    An island in Micronesia. A gold mine in Canada ’s Yukon Territory. Tickets to the 2014 Victoria’s Secret fashion show in London. Those are just a few of the assets on offer at BitPremier , a website targeting bitcoin holders looking to unload some of their digital hoard. The number of...

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