businessinsider.com Archives - 23 October 2014, Thursday

  • The Winklevoss Twins Have A New App 'WinkDex' That Lets You Monitor The Price Of Bitcoin In Real Time

    WinkDex

    businessinsider.com 16 Oct '14, 1pm

    Their investment firm Winklevoss Capital backs a number of bitcoin-related startups and exchanges, such as BitInstant. On Wednesday the brothers launched an app, WinkDex , that helps users monitor the average price of a bitcoin in real time. Users can also calculate Bitcoins to USD in...

  • Frank Gehry's New Paris Museum Looks Like A Glass Sailboat

    Fondation Louis Vuitton Designed By Frank Gehry

    businessinsider.com 13 Oct '14, 9pm

    Todd Eberle/ Courtesy of Louis Vuitton Foundation Prolific architect Frank Gehry is known for his impressive portfolio, and now he has added to it with a new museum in France. The cultural institute, Fondation Louis Vuitton , was commissioned by LVMH Group CEO Bernard Arnault and desi...

  • The Guy Who Newsweek Said Had Created Bitcoin Is Now Raising Money To Sue Them

    Dorian Nakamoto Is Accepting Donations To Sue Newsweek Over Allegations That He Created Bitcoin

    businessinsider.com 13 Oct '14, 9pm

    newsweeklied.com Screenshot of newsweeklied.com Dorian Nakamoto is trying to strike back at Newsweek. The California man is attempting to sue the magazine after it published a cover story by Leah McGrath Goodman alleging that Nakamoto was actually the Satoshi Nakamoto, creator of bitc...

  • Marc Andreessen Tweetstorm'd His Thoughts On Bitcoin And The Unbundling Of The Banking System

    Marc Andreessen Tweetstorm October 7

    businessinsider.com 07 Oct '14, 10pm

    REUTERS/Gene Blevins On Tuesday, Bloomberg published an interview with legendary venture capitalist Marc Andreessen in which Andreessen talked about Bitcoin and the financial industry. Andreessen told Bloomberg that if you started the financial industry today you'd build none of these...

  • Asia grapples with food safety as incomes rise: Singapore (AFP) - Every morning, food samples are laid out on

    Asia grapples with food safety as incomes rise

    businessinsider.com 06 Oct '14, 6am

    © AFP/File Mohd Fyrol A chemist at testing firm TUV SUD shows tests food samples for contaminants in Singapore on July 16, 2014 Singapore (AFP) - Every morning, food samples are laid out on a long table at a pristine laboratory run by a German firm in Singapore -- but they're not mean...

  • Bitcoin Has Been Getting Obliterated

    businessinsider.com 05 Oct '14, 10pm

    There's not much to say about it, except that it's doing TERRIBLY. Here's a chart going back to earlier this summer. Charts don't get uglier than this. Bitcoinwisdom Interestingly, the Bitcoin industry continues to be quite excited about the prospects for the digital currency, and the...

  • Here's The Winklevoss Twins' Big Presentation On Why Bitcoin Is The 'Internet Of Money'

    Winklevoss Capital Bitcoin slides

    businessinsider.com 24 Sep '14, 7pm

    "On the day of our presentation the price of Bitcoin was $132.27. Yesterday at 4pm EDT the price was $432.26. I generally don’t like to talk about price too much....Most days I don’t check it at all, but in the context of this presentation and using the granularity of a year, I think ...

  • PayPal Forms Partnership With BitPay

    businessinsider.com 23 Sep '14, 6pm

    Some news in the (relatively) quiet world of Bitcoin: Bitcoin startup BitPay has announced a partnership with payments company PayPal to integrate their services, possibly increasing Bitcion adoption

  • Bitcoin Not Apple Pay Helps Payments

    businessinsider.com 19 Sep '14, 2pm

    BII Apple's new payment system is igniting interest across the payment industry, but it's important to note that it doesn't represent a major change over the legacy payment process. Bitcoin, even as it suffers another price slump, is disruptive— particularly from the perspective of me...

  • Bitcoin Falls Below $400

    businessinsider.com 19 Sep '14, 1pm

    Bitcoin prices are getting smoked. The digital crypto-currency has fallen below $400, according to data compiled by CoinDesk . Bitcoin opened at $421.46. It hit a high of $426.65 before hitting a low of $380.75. Bitcoin prices were last trading around $386. Here's the chart of Bitcoin...

  • #bitcoin

    There's A Bitcoin Derivative You Can Trade

    businessinsider.com 12 Sep '14, 2pm

    Thomson Reuters A Bitcoin (virtual currency) paper wallet with QR codes and coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris. See Also This Bitcoin Startup Has Done $110 Million In Sales Less Than 2 Years Bitcoin Solves Two Of The Biggest Problems Merch...

  • The Bank Of England Just Said It Thinks Bitcoin Could Be Huge

    Bank Of England Report On Bitcoin

    businessinsider.com 11 Sep '14, 3pm

    Jim Edwards The Bank of England in London. The Bank of England has devoted two papers to the rise of digital currencies. It's another demonstration of Bitcoin's transformation from niche cyber-libertarian intrigue to a subject of mainstream interest. More significantly, the Bank sugge...

  • Hackers Are Threatening To Reveal The Real Identity Of The Creator Of Bitcoin

    Hackers Threaten To Reveal Identity Of Bitcoin Creator

    businessinsider.com 09 Sep '14, 9am

    It was initially speculated that the hacker had gained access to the email address by waiting for the account to expire, and then creating a new email account with the same address. This tactic is often used by hackers to take over accounts used by internet celebrities, with a notable...

  • After $110 million in sales, this Bitcoin computer company just sold a stake for $14 million

    Bitcoin PC Company Raises $14 Million

    businessinsider.com 07 Sep '14, 5pm

    KnCMiner Sam Cole and Marcus Erlandsson, cofounders of KnCMiner See Also Police Are Hunting For Two Former HP Employees Accused Of Ripping Off Customers New iOS 8 Apps Will Work 'Like Magic,' Software Tester Says Why Google Banned A Privacy Tool Called 'Disconnect Mobile' From The And...

  • Bitcoin Prices Have Fallen $100 In The Past Week

    Bitcoin Prices Have Fallen $100 In The Past Week

    businessinsider.com 17 Aug '14, 11pm

    Bitcoin prices have declined $100 in the past week, about 17%, to $488, according to CoinDesk. The news comes despite announcements last week that Overstock.com was now averaging $15,000 a day in Bitcoin sales, and that DISH Network had officially begun accepting the cryptocurrency. S...

  • PayPal is reportedly in talks with the bitcoin people

    WSJ: Ebay's Paypal Consides Bitcoin

    businessinsider.com 15 Aug '14, 7am

    Thomson Reuters An eBay logo is projected onto white boxes in this illustration picture taken in Warsaw SAN FRANCISCO (Reuters) - Ebay Inc's <ebay.o> PayPal is in talks with Coinbase Inc and other bitcoin transaction providers to integrate the virtual currency within its Braintree pay...

  • Overstock CEO: We're now averaging $15,000 a day in Bitcoin sales

    Overstock Patrick Byrne Talks Bitcoin Sales

    businessinsider.com 14 Aug '14, 12am

    Overstock Overstock.com CEO Patrick Byrne says Bitcoin holders have boosted his company's bottom line as a reward for his decision earlier this year to become the first major retailer to accept the digital currency. Reached by phone by Business Insider Tuesday, Byrne confirmed a repor...

  • economies

    bitcoin

    businessinsider.com 12 Aug '14, 8pm

    Likewise, the number of commits a github repo has, while on the face of it seems to measure developer activity, but it is unclear what the quality of these commits are or whether or not they are eventually removed. Or more importantly, whether or not the code is shipped and installed ...

  • Barry Silbert's Latest Investment Is More Evidence Bitcoin's Biggest Opportunities May Lie Outside The US

    Barry Silbert Invests In Indian Bitcoin Company

    businessinsider.com 11 Aug '14, 10pm

    REUTERS/Rupak De Chowdhuri A gas station attendant looks at an Indian rupee. American venture capital in Bitcoin continues to cross the ocean. On Monday, Barry Silbert's Bitcoin Opportunity Corp. announced it had invested $250,000 in Bangalore-based Unocoin. The firm is less than a ye...

  • Britain May Regulate Bitcoin As Currency

    businessinsider.com 10 Aug '14, 12am

    Britain’s interest in virtual currencies like Bitcoin is as strategic as it is forward thinking. Recall that since the end of WWII, the US dollar has long been the “anchor” or “reserve currency” used by most world governments for international trade. This global demand for dollars lea...

  • Bitcoin Solves Two Of The Biggest Problems Merchants Face When Accepting Card Payments

    Bitcoin Solves Big Payments Problems

    businessinsider.com 08 Aug '14, 3pm

    Bitcoin's greatest value is as a global payments network — not as a currency. In a nutshell, Bitcoin allows for the simple and secure transfer of value online. There are many players in the Bitcoin ecosystem that help to make this happen, including Bitcoin exchanges, Bitcoin wallets, ...

  • Lynn Tilton Is Getting A Huge Tennis Award That Comes With A Personalized Rolex

    Lynn Tilton ITA Tennis Award

    businessinsider.com 08 Aug '14, 2pm

    Private equity queen Lynn Tilton, who runs Patriarch Partners, will be receiving a huge tennis award next month. Tilton, an alumna of Yale and former women's varsity tennis player, will be awarded with the highest honor bestowed by the Intercollegiate Tennis Association–the 2014 ITA A...

  • Singapore's Amazing Airport Will Soon Be Even Better

    The Singapore Changi Airport Will Add Project Jewel

    businessinsider.com 04 Aug '14, 5pm

    Singapore's Changi Airport is already considered to be the world's best airport . Soon, it will be even better thanks to a "lifestyle destination" addition to connect all three terminals. Nicknamed Project Jewel , the addition will be a dome-shaped space that will house airport operat...

  • Arizona's Bitcoin ATM Struck By Lightening

    businessinsider.com 30 Jul '14, 10pm

    , the web site of The Arizona Republic newspaper, lightning hit the Booksmans Entertainment Exchange in Tucson last week, causing a power surge that fried some of the bitcoin ATM's electrical components. Owner-operator Brian Williams told a reporter that he'd started operating the $1,...

  • We Just Got A New Sign Apple Is Embracing Bitcoin

    We Just Got A New Sign Apple Is Embracing Bitcoin

    businessinsider.com 28 Jul '14, 1pm

    Apple has taken another step toward welcoming Bitcoin back into its universe: UK-based Blockchain has announced Apple has approved a new version of its Bitcoin wallet app. Earlier this year, Apple kicked off the last major Bitcoin wallet app , developed by UK-based Blockchain, the wor...

  • Barry Silbert plans to spin off SecondMarket's Bitcoin business

    Barry Silbert Is Planning To Spin Off SecondMarket's Bitcoin

    businessinsider.com 24 Jul '14, 8pm

    SecondMarket founder Barry Silbert is stepping down as SecondMarket CEO to focus exclusively on Bitcoin. He'll remain Chairman and CEO of SecondMarket Holdings, Inc., but now plans to spin off the firm's digital currency activities. Silbert has been a leading cryptocurrency evangelist...

  • The Most Hyped Digital Currency Since Bitcoin Has Officially Launched

    Ethereum Launches Ether

    businessinsider.com 23 Jul '14, 4pm

    Last night, a company called Ethereum began selling the first batch of its cryptocurrency, called ether. As of 10 a.m. Wednesday, investors had already bought $2.6 million worth. We're living in a time when an app that just says Yo is worth $10 million, so this shouldn't be too surpri...

  • Jeremy Allaire

    businessinsider.com 21 Jul '14, 9pm

    Jeremy Allaire Jeremy Allaire Jeremy Allaire is founder & CEO of Circle, a consumer finance company that leverages Bitcoin to make money transfers and payments cheaper, faster, more secure. Prior to Circle, Allaire was Founder, Chairman & CEO of Brightcove (NASDAQ: BCOV), a cloud soft...

  • via @sai

    NXT Cryptocurrency Won't Catch Up To Bitcoin Anytime Soon

    businessinsider.com 21 Jul '14, 8pm

    Despite suffering a massive hit in February, when the world’s largest Bitcoin exchange went bankrupt after losing half a billion dollars worth of the digital currency , Bitcoin is still the leading cryptocurrency with a market capitalization of roughly $8.1 billion. Bitcoin continues ...