techcrunch.com Archives - 02 September 2014, Tuesday

  • KKBOX announced that it has raised $104 million from Singapore GIC

    Taiwan-Based Streaming Music Service KKBOX Raises $104M To Expand Overseas

    techcrunch.com 28 Aug '14, 6pm

    KKBOX , a Taiwan-based company that has provided streaming music services in Asia since before Spotify was founded, announced (link in Chinese) that it has raised $104 million from Singapore GIC (formerly known as the Government of Singapore Investment Corporation). KKBOX co-founder a...

  • Korean Bitcoin Exchange Korbit Raises $3M Series A

    techcrunch.com 25 Aug '14, 9pm

    Korean bitcoin exchange Korbit has raised $3 million in Series A funding led by SoftBank Ventures Korea and Pantera Capital, with participation from BAM Ventures, and returning investors Bitcoin Opportunity Corp., Tim Draper, Pietro Dova, and Strong Ventures. The startup told TechCrun...

  • Korean Bitcoin Exchange Korbit Raises $3M Series A

    techcrunch.com 25 Aug '14, 9pm

    Korean bitcoin exchange Korbit has raised $3 million in Series A funding led by SoftBank Ventures Korea and Pantera Capital, with participation from BAM Ventures, and returning investors Bitcoin Opportunity Corp., Tim Draper, Pietro Dova, and Strong Ventures. The startup told TechCrun...

  • Korean Bitcoin Exchange Korbit Raises $3M Series A

    techcrunch.com 25 Aug '14, 9pm

    Korean bitcoin exchange Korbit has raised $3 million in Series A funding led by SoftBank Ventures Korea and Pantera Capital, with participation from BAM Ventures, and returning investors Bitcoin Opportunity Corp., Tim Draper, Pietro Dova, and Strong Ventures. The startup told TechCrun...

  • Gold Dealer Drops Credit Card Payments For Bitcoin

    techcrunch.com 25 Aug '14, 6pm

    The world of gold bullion sales is often peopled by the odd and interesting. Joseph Castillo is one of the latter. The owner of Agora Commodities , his company now only accepts Bitcoin for online sales, a move that has reduced fraud and improved his service. Castillo talked to Coindes...

  • Gold Dealer Drops Credit Card Payments For Bitcoin

    techcrunch.com 25 Aug '14, 6pm

    The world of gold bullion sales is often peopled by the odd and interesting. Joseph Castillo is one of the latter. The owner of Agora Commodities , his company now only accepts Bitcoin for online sales, a move that has reduced fraud and improved his service. Castillo talked to Coindes...

  • Gold Dealer Drops Credit Card Payments For Bitcoin

    techcrunch.com 25 Aug '14, 6pm

    The world of gold bullion sales is often peopled by the odd and interesting. Joseph Castillo is one of the latter. The owner of Agora Commodities , his company now only accepts Bitcoin for online sales, a move that has reduced fraud and improved his service. Castillo talked to Coindes...

  • LibraTax Looks To Solve Bitcoin Tax Accounting-Related Woes

    techcrunch.com 25 Aug '14, 9am

    With new IRS guidance on taxing crypto-currency trading, it can be a bit complicated for Bitcoin enthusiasts to figure out how much capital gains and income tax they owe. Losses and gains are subject to a capital gains tax, which means you have to remember Bitcoin’s valuation at the p...

  • LibraTax Looks To Solve Bitcoin Tax Accounting-Related Woes

    techcrunch.com 25 Aug '14, 9am

    With new IRS guidance on taxing crypto-currency trading, it can be a bit complicated for Bitcoin enthusiasts to figure out how much capital gains and income tax they owe. Losses and gains are subject to a capital gains tax, which means you have to remember Bitcoin’s valuation at the p...

  • San Francisco Open Exchange Aims To Be The E-Trade Of Bitcoin

    techcrunch.com 23 Aug '14, 3pm

    Y Combinator-backed startup San Francisco Open Exchange (SFOX) is an online trading platform that helps people find the best bitcoin prices at various exchanges. In other words, it would like to help you buy, sell and invest in bitcoin exchanges kinda like and investor buys and sells ...

  • San Francisco Open Exchange Aims To Be The E-Trade Of Bitcoin

    techcrunch.com 23 Aug '14, 3pm

    Y Combinator-backed startup San Francisco Open Exchange (SFOX) is an online trading platform that helps people find the best bitcoin prices at various exchanges. In other words, it would like to help you buy, sell and invest in bitcoin exchanges kinda like and investor buys and sells ...

  • San Francisco Open Exchange Aims To Be The E-Trade Of Bitcoin

    techcrunch.com 23 Aug '14, 3pm

    Y Combinator-backed startup San Francisco Open Exchange (SFOX) is an online trading platform that helps people find the best bitcoin prices at various exchanges. In other words, it would like to help you buy, sell and invest in bitcoin exchanges kinda like and investor buys and sells ...

  • There Is Now A Bitcoin ATM In Manhattan

    techcrunch.com 21 Aug '14, 3pm

    Bitcoin ATM producers Lamassu and operator PYC Bitcoin have announced the first BTM in Manhattan. The BTM, located in Flat 128 in the West Village is one of the first in the city. “It’s really exciting for all of us,” said Matt Russell of PYC Bitcoin. “As a team of bitcoiners we get t...

  • There Is Now A Bitcoin ATM In Manhattan

    techcrunch.com 21 Aug '14, 2pm

    Bitcoin ATM producers Lamassu and operator PYC Bitcoin have announced the first BTM in Manhattan. The BTM, located in Flat 128 in the West Village is one of the first in the city. “It’s really exciting for all of us,” said Matt Russell of PYC Bitcoin. “As a team of bitcoiners we get t...

  • There Is Now A Bitcoin ATM In Manhattan

    techcrunch.com 21 Aug '14, 2pm

    Bitcoin ATM producers Lamassu and operator PYC Bitcoin have announced the first BTM in Manhattan. The BTM, located in Flat 128 in the West Village is one of the first in the city. “It’s really exciting for all of us,” said Matt Russell of PYC Bitcoin. “As a team of bitcoiners we get t...

  • The Bitcoin-Litecoin Decoupling, Redux

    techcrunch.com 19 Aug '14, 12am

    The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio. That’s to say that bitcoin was always worth far more than litecoin, but the two coins saw their value rise and fall roughly ...

  • The Bitcoin-Litecoin Decoupling, Redux

    techcrunch.com 19 Aug '14, 12am

    The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio. That’s to say that bitcoin was always worth far more than litecoin, but the two coins saw their value rise and fall roughly ...

  • BlockTrail Secures Cash For Its Bitcoin Transactions Analysis Platform

    techcrunch.com 18 Aug '14, 2pm

    BlockTrail is a new platform for bitcoin analytics launched today by Amsterdam-based researchers BlockCorp . It’s secured €500,000 ($669,310) in funding from BlockCorp, which was set up by entrepreneur Boaz Bechar and VKontakte co-founder Lev Leviev. Competing with Blockchain.info and...

  • BlockTrail Secures Cash For Its Bitcoin Transactions Analysis Platform

    techcrunch.com 18 Aug '14, 2pm

    BlockTrail is a new platform for bitcoin analytics launched today by Amsterdam-based researchers BlockCorp . It’s secured €500,000 ($669,310) in funding from BlockCorp, which was set up by entrepreneur Boaz Bechar and VKontakte co-founder Lev Leviev. Competing with Blockchain.info and...

  • ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments

    techcrunch.com 18 Aug '14, 12pm

    ChangeTip is hoping to drive mass adoption of micropayments on the web by using Bitcoin plus existing social networks as the medium to deliver feeless micro donations to content creators. Which means part of its mission is “to spell the end of clickbait “. And that’s something anyone ...

  • ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments

    techcrunch.com 18 Aug '14, 12pm

    ChangeTip is hoping to drive mass adoption of micropayments on the web by using Bitcoin plus existing social networks as the medium to deliver feeless micro donations to content creators. Which means part of its mission is “to spell the end of clickbait “. And that’s something anyone ...

  • Bitcoin Falls Out Of Its Trading Range

    Bitcoin Falls Out Of Its Trading Range

    techcrunch.com 14 Aug '14, 6pm

    After doing large amounts of nothing for months, the price of bitcoin has found a new direction at last: Down. The recent narrative around bitcoin has been roughly zilch, as the cryptocurrency picked up a few new large vendors’ support , but otherwise settled into something approachin...

  • DISH TV Now Accepts Bitcoin Payments

    techcrunch.com 14 Aug '14, 4pm

    Another day, another major corporation accepting BTC . This time it’s DISH TV, a satellite TV provider that is working with Coinbase to accept bitcoin payments online. Why is this news? Well, considering Overstock is now accepting $15,000 a day in Bitcoin sales, there is clearly some ...

  • BitAccess is looking to build a network of automated Bitcoin banking machines available worldwide

    BitAccess Launches To Make Bitcoin ATMs Ubiquitous

    techcrunch.com 14 Aug '14, 1am

    Trying to make access to the world’s largest cryptocurrency automatic for the people, BitAccess is looking to build a network of automated Bitcoin banking machines available worldwide. The concept of a Bitcoin ATM isn’t new, with companies like Robocoin Technologies , GenesisCoin , La...

  • Silbert’s Bitcoin Opportunity Fund Drops $250K On India-Based Unocoin |

    techcrunch.com 11 Aug '14, 10pm

    Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors. Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin . The company, which...

  • Silbert’s Bitcoin Opportunity Fund Drops $250K On India-Based Unocoin |

    techcrunch.com 11 Aug '14, 10pm

    Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors. Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin . The company, which...

  • Silbert’s Bitcoin Opportunity Fund Drops $250K On India-Based Unocoin |

    techcrunch.com 11 Aug '14, 10pm

    Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors. Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin . The company, which...

  • Consumer Finance Protection Bureau Issues Bitcoin Warnings

    techcrunch.com 11 Aug '14, 6pm

    Remember bitcoin ? Today the Consumer Finance Protection Bureau (CFPB) issued a lengthy set of risks that the cryptocurrency poses to early adopters. The list is somewhat decent in its content, though I suspect the bitcoin faithful will find its tone to be overly negative. That same c...

  • Consumer Finance Protection Bureau Issues Bitcoin Warnings

    techcrunch.com 11 Aug '14, 6pm

    Remember bitcoin ? Today the Consumer Finance Protection Bureau (CFPB) issued a lengthy set of risks that the cryptocurrency poses to early adopters. The list is somewhat decent in its content, though I suspect the bitcoin faithful will find its tone to be overly negative. That same c...

  • From @TechCrunch When Payment Processing Becomes a Commodity #bitcoin

    When Payment Processing Becomes A Commodity

    techcrunch.com 09 Aug '14, 7am

    Editor’s note: Christoffer O. Hernæs is partner at Core Group, a Norwegian management consulting company. Christoffer is currently engaged by Sparebank1, one of Norway’s largest financial institutions; this analysis is based on public sources and is not connected to any client engagem...