thenextweb.com Archives - 17 April 2014, Thursday

  • Zopim Exit Boosts Singapore, Highlights B2B Opportunity

    thenextweb.com 11 Apr '14, 8am

    Singapore is celebrating one of its most notable tech exits to date after Zopim , a company that provides live chat support services for websites, was sold to customer service software firm Zendesk in a deal that could be worth as much as $30 million. There have been bigger acquisitio...

  • Zopim Exit Boosts Singapore, Highlights B2B Opportunity

    thenextweb.com 11 Apr '14, 8am

    Singapore is celebrating one of its most notable tech exits to date after Zopim , a company that provides live chat support services for websites, was sold to customer service software firm Zendesk in a deal that could be worth as much as $30 million. There have been bigger acquisitio...

  • Singapore Carrier Starhub Launches Crowdfunding Platform

    thenextweb.com 09 Apr '14, 6am

    Singapore carrier StarHub announced the beta launch of a crowdfunding platform for Asia-based entrepreneurs today, called Crowdtivate . Touted as the world’s only telco-backed crowdfunding site, Crowdtivate also seems to act as an extension of Starhub’s interests — the carrier intends...

  • Singapore Carrier Starhub Launches Crowdfunding Platform

    thenextweb.com 09 Apr '14, 6am

    Singapore carrier StarHub announced the beta launch of a crowdfunding platform for Asia-based entrepreneurs today, called Crowdtivate . Touted as the world’s only telco-backed crowdfunding site, Crowdtivate also seems to act as an extension of Starhub’s interests — the carrier intends...

  • Square Market Now Accepts Bitcoin

    thenextweb.com 31 Mar '14, 7pm

    Square today announced it has added support for paying with Bitcoin. As a result, buyers can now use the digital currency to purchase goods and services on Square Market, which allows sellers to create an online storefront with online payment processing. The mobile payment company pro...

  • Square Market Now Accepts Bitcoin

    thenextweb.com 31 Mar '14, 7pm

    Square today announced it has added support for paying with Bitcoin. As a result, buyers can now use the digital currency to purchase goods and services on Square Market, which allows sellers to create an online storefront with online payment processing. The mobile payment company pro...

  • Square Market Now Accepts Bitcoin

    thenextweb.com 31 Mar '14, 7pm

    Square today announced it has added support for paying with Bitcoin. As a result, buyers can now use the digital currency to purchase goods and services on Square Market, which allows sellers to create an online storefront with online payment processing. The mobile payment company pro...

  • What Does the Future of Bitcoin Look Like for E-Commerce?

    thenextweb.com 28 Mar '14, 2pm

    Garrett Heath is a technology storyteller with Rackspace . The meteoric rise of Bitcoin’s value—from a low of $13 to upwards of $1000 in 2013—caused the general public to take notice of this cryptocurrency . Once relegated to tech circles, last year saw major economists discussing the...

  • Stripe Announces Support for Bitcoin

    thenextweb.com 28 Mar '14, 3am

    There’s good news for the Bitcoin community and retailers with an interest in the virtual currency, after payments firm Stripe announced that it would add support for Bitcoin payments. Stripe — which is one of the largest companies of its kind, having raised over $120 million in fundi...

  • IRS Says Bitcoin Is Property, Not Currency

    thenextweb.com 25 Mar '14, 7pm

    The US Internal Revenue Service has clarified its position on convertible virtual currencies, including Bitcoin. The agency noted that Bitcoin will be treated as property, rather than currency, for tax purposes. While the IRS acknowledged that some virtual currencies operate similar t...

  • Bitcoin Exchange Vircurex Battles Insolvency

    thenextweb.com 23 Mar '14, 6pm

    Jon Russell 23 March '14, 07:08pm Follow The implosion of Mt. Gox has been widely heralded as a sign of a new era of Bitcoin companies, but there are still examples of the unpredictable and shady side of the cryptocurrency world, as developments at Vircurex demonstrate. The Beijing-ba...

  • Bitcoin Exchange Vircurex Battles Insolvency

    thenextweb.com 23 Mar '14, 6pm

    Jon Russell 23 March '14, 07:08pm Follow The implosion of Mt. Gox has been widely heralded as a sign of a new era of Bitcoin companies, but there are still examples of the unpredictable and shady side of the cryptocurrency world, as developments at Vircurex demonstrate. The Beijing-ba...

  • Mt. Gox Finds $115M in Lost Bitcoins

    thenextweb.com 21 Mar '14, 3am

    Mt. Gox, the fallen Bitcoin exchange, has chanced upon a significant discovery after it found 200,000 ‘lost’ Bitcoin (worth around $115 million on today’s rates) in an unused account, Endgaget reports . The Tokyo-based company has misplaced around 850,000 Bitcoins , owned by both its ...

  • Mt. Gox Lets Users Log In To Check Their Balances

    thenextweb.com 18 Mar '14, 3am

    Troubled Bitcoin exchange Mt. Gox disappeared from the Internet last month and subsequently filed for bankruptcy protection in Tokyo, causing panic among users who feared that they had lost all their Bitcoins – but now Mt. Gox is finally letting users log in to check their wallet bala...

  • Mt. Gox Lets Users Log In To Check Their Balances

    thenextweb.com 18 Mar '14, 3am

    Troubled Bitcoin exchange Mt. Gox disappeared from the Internet last month and subsequently filed for bankruptcy protection in Tokyo, causing panic among users who feared that they had lost all their Bitcoins – but now Mt. Gox is finally letting users log in to check their wallet bala...

  • Dorian Nakamoto Denies That He Invented Bitcoin

    thenextweb.com 17 Mar '14, 8am

    A Newsweek article earlier this month claimed to have found the mystery man behind the crypto-currency Bitcoin. However, that very man, Dorian Nakamoto, has now hired a lawyer to unconditionally deny that he’s involved in Bitcoin. In a statement sent to Reuters blogger Felix Salmon vi...

  • Dorian Nakamoto Denies That He Invented Bitcoin

    thenextweb.com 17 Mar '14, 8am

    A Newsweek article earlier this month claimed to have found the mystery man behind the crypto-currency Bitcoin. However, that very man, Dorian Nakamoto, has now hired a lawyer to unconditionally deny that he’s involved in Bitcoin. In a statement sent to Reuters blogger Felix Salmon vi...

  • Singapore To Regulate Bitcoin Exchanges

    thenextweb.com 13 Mar '14, 12pm

    Singapore’s central bank announced today (via BBC ) that it will regulate virtual currency intermediaries which operate within the country, including Bitcoin exchanges. This is to address the issue of digital currencies being used potentially for money laundering and terrorist financi...

  • Singapore To Regulate Bitcoin Exchanges

    thenextweb.com 13 Mar '14, 11am

    Singapore’s central bank announced today (via BBC ) that it will regulate virtual currency intermediaries which operate within the country, including Bitcoin exchanges. This is to address the issue of digital currencies being used potentially for money laundering and terrorist financi...

  • Mt. Gox Confirms Loss of 750,000 Bitcoins

    thenextweb.com 03 Mar '14, 8am

    Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. Today, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt. Gox had disappeared in February...

  • Mt. Gox Confirms Loss of 750,000 Bitcoins

    thenextweb.com 03 Mar '14, 8am

    Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. Today, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt. Gox had disappeared in February...

  • The UK Reportedly Plans To Scrap Value Added Tax on Bitcoin Trades

    thenextweb.com 03 Mar '14, 4am

    Bitcoin was dealt a heavy blow last week after troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection in Tokyo. The UK government, however, is reportedly taking steps to welcome the virtual currency. In a meeting with a group of UK traders, Br...

  • Bitcoin vs. Coin: Which Will Have Most Success in 2014?

    thenextweb.com 01 Mar '14, 12pm

    Joe Polverari is the General Manager of Yodlee Interactive , which powers global financial innovation happening outside of banks. The recent attention given to Bitcoin and Coin - the two newest stars in the financial technology world – vividly illustrates that there exists a major dem...

  • Bitcoin vs. Coin: Which Will Have Most Success in 2014?

    thenextweb.com 01 Mar '14, 12pm

    Joe Polverari is the General Manager of Yodlee Interactive , which powers global financial innovation happening outside of banks. The recent attention given to Bitcoin and Coin - the two newest stars in the financial technology world – vividly illustrates that there exists a major dem...

  • Vietnam Rules That Bitcoin Isn't A Legal Currency

    thenextweb.com 28 Feb '14, 7am

    Vietnam has become the latest government to rule that Bitcoin is not a legal currency and therefore isn’t lawfully recognized or protected, warning its citizens not to use or invest in the virtual currency, the Associated Press reports . In a statement , Vietnam’s central bank notes t...

  • Vietnam Rules That Bitcoin Isn't A Legal Currency

    thenextweb.com 28 Feb '14, 7am

    Vietnam has become the latest government to rule that Bitcoin is not a legal currency and therefore isn’t lawfully recognized or protected, warning its citizens not to use or invest in the virtual currency, the Associated Press reports . In a statement , Vietnam’s central bank notes t...

  • Bitcoin exchange Mt. Gox goes offline as insolvency rumors swirl

    Mt. Gox Goes Offline as Insolvency Rumors Swirl

    thenextweb.com 25 Feb '14, 3am

    Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, has disappeared from the Internet after its website went offline following rumors that it is battling insolvency . Here’s what we’re seeing when we visit mtgox.com: nothing but white space. There is clearly something ser...

  • Bitcoin valuation takes another hit as Mt. Gox CEO steps down from the Bitcoin Foundation

    Mt. Gox CEO Steps Down From Bitcoin Foundation

    thenextweb.com 24 Feb '14, 4am

    Bitcoin is going through another significant dip after the CEO of Mt. Gox , a controversial Bitcoin currency exchange service, stepped down from the Bitcoin Foundation, the committee that oversees management of the virtual currency. A blog post from the foundation – noted by Coinbase ...

  • Balanced Teams With Coinbase To Help Marketplaces Process Bitcoin Payments

    thenextweb.com 20 Feb '14, 5pm

    Balanced , a payments API service for marketplaces, has partnered with Coinbase in a move that enables more than 450 marketplaces to now accept payments via Bitcoin. Primarily a payment service that helps companies process credit card transactions, Balanced is now adding Bitcoin to it...

  • Bitcoin Exchange Mt. Gox Will Resume Withdrawals 'Soon'

    thenextweb.com 17 Feb '14, 12pm

    Bitcoin exchange Mt. Gox hopes to resume withdrawals “soon” after developing a fix for a vulnerability that allowed users to alter transaction details and make it seem like a payment was never completed. Mt. Gox suspended withdrawals on February 7 , before explaining the “transaction ...