Elena

29 Flips | 3 Magazines | 1 Like | 2 Followers | @Elysavcheva | Keep up with Elena on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Elena”

Regulations Are The Next Step For Bitcoin -- Montreal Economic Institute

<b>(Kitco News) –</b> The fact that Bitcoin was able to survive the bankruptcy of MtGox, the world’s biggest Bitcoin exchange, demonstrates the virtual currency is resilient; however, more needs to be done if the sector is going to become a mainstream financial product, said a Montreal economic think-tank.<p>…

Video: Roundup of This Week's Bitcoin News 30th May 2014

The big news today is that price of bitcoin is back up above $600 – the first time since March that the Bitcoin Price Index has been this high.<p>Let's …

Cryptocurrency

Apple policy update could allow bitcoin payments

Apple has raised the possibility of using iPhones and iPads to perform transactions in bitcoin and other cryptocurrencies, after a change in the rules by which it approves software for its app store.<p>Until now, the company had gained a reputation for rejecting apps which enabled cryptocurrency …

UPDATE 2-Bitcoin entrepreneur settles SEC charges over stock sales

(Adds Voorhees statement)<p>By Jonathan Stempel<p>June 3 (Reuters) - A well-known proponent of bitcoin, the electronic currency, agreed to pay nearly $51,000 to settle U.S. Securities and Exchange Commission civil charges he publicly offered unregistered shares in two Internet ventures, the regulator …

Ben Horowitz Explains Why Silicon Valley Is Banking On Bitcoin

Bitcoin is an untraceable, all-digital form of money with no government regulation, probably best known as the crypto-currency used to buy illegal drugs on the underground website Silk Road. But it’s inching its way toward legitimacy, with major retailers and services like Overstock and Dish …

SEC smacks down two more Bitcoin sites

The U.S. Securities and Exchange Commission (SEC) brought charges against the owner of two Bitcoin sites for selling unregistered shares in two websites.<p>The agency charged Erik Voorhees (no relation to Jason Vorhees) with selling shares in the Bitcoin betting site SatoshiDICE and in the Bitcoin …

The CEO Of Ebay Said Something That's Making Andrew Ross Sorkin Change His Mind About Bitcoin

We discussed some of the factors for the melt-up last week, but the surge has managed to occur in the absence of any of the biggest "Web 2.0" guys accepting the digital currency.<p>That may change sometime in the near future: Appearing on CNBC, eBay President John Donahoe told Andrew Ross Sorkin that …

5 Reasons Entrepreneurs Should Learn to Code

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In the typical startup environment, small teams with a broad and complementary skill set come together to build a company. There are dozens of skills an entrepreneur must possess -- from accounting and managing a profit and loss statement …

Entrepreneurship

CoinDesk State of Bitcoin Q1 2014

'500 Startups' to Launch Bitcoin and FinTech Investor Syndicate

California-based incubator 500 Startups is launching an investor syndicate that will focus on bitcoin and financial technologies. The goal is to find …

Living On Bitcoin A Year Later: Will It Be Easier?

<b>Day 1.</b><p>One year ago, I tried living on Bitcoin for a week. The tl;dr version: I lost 5 pounds and had to move out of my house, but I survived. Bitcoin was in the $90 to $130 range back then. Since then, Bitcoin has boomed, both in its value — surging to $1100 in November — and in the attention paid …

'Bitcoin outperforms gold, silver, US stock market' - entrepreneur

Everything You Need To Know About Bitcoin In One Interactive Mind Map

Bitcoin is a digital currency used to pay for a variety of goods and services. In recent years, the currency’s value has fluctuated wildly and …

Living On Bitcoin A Year Later: The Cryptocurrency's Youngest Miner?

<b>Day 2</b><p>So the biggest lesson on my second day of living on Bitcoin (a year after my first go-round) is not to believe everything I read on Reddit. Bad advice there led me astray twice on Tuesday and could have left me stranded on the side of a road in Silicon Valley.<p>I skipped breakfast and coffee …

New ransom demand: Pay us in bitcoins

High-tech kidnappers don’t bother taking your loved ones hostage. They hold your data for ransom instead.<p>Malware attacks that hijack your computer …

Why you should care about Bitcoin: digital currency is here to stay

No, you can’t open a Bitcoin bank account at JP Morgan Chase just yet.<p>And you certainly can’t pay your IRS tax bill in bitcoins: the taxman views the fledgling cyber-currency as an asset, not a means of exchange.<p>We can’t hold it in our hands, use it to fill up our cars with gas, or do much but grab …

SoftTech\’s Jeff Clavier: Why I\’m not investing in bitcoin

Bitcoin: The new gold rush infographic

The Bitcoin frenzy seems to have reached new heights lately, spurred by a growing user base, price volatility, and the rapidly evolving network of Bitcoin-related companies.1<p>Reports of big investments in "mining" equipment and the expanding ecosystem supporting the protocol remind us in many ways …

Bitcoin Millionaire Charlie Shrem Under House Arrest Following Federal Indictment

Scruffy-faced New York City Bitcoin playboy Charlie Shrem is in some seriously hot water and deep, too. Perhaps as deep as the known partier might have been into Silk Road, where he allegedly scored drugs and poured money into the underground drug trade.<p>The outspoken 24-year-old former vice …

Silk Road

Ex-NFL Star Chad 'Ochocinco' Johnson Scores a Touchdown for Bitcoin Awareness on Twitter

Charlie Shrem may be on house arrest, but Bitcoin has another new celeb champion, and his record is cleaner than “Bitcoin Bill” Congressman Steve Stockman. Well, somewhat.<p>If you guessed Chad ‘Ochocinco’ Johnson, you’re right. Yeah, we didn’t see this one coming either.<p>The former NFL bad-boy wide …

Amazon Says It Won't Accept Bitcoin

America’s largest online retailer has no plans to hop on the Bitcoin bandwagon. Amazon’s head of payments told Re/Code that the company has no …

The Hunt For The Creator Of Bitcoin Keeps Coming Back To One Guy — And He May Be Hiding In Plain Sight

This morning, students at Aston University in Birmingham, England, claimed they'd narrowed down the identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, to a writer named Nick Szabo.<p>Forty forensic linguistics majors looked at similarities in language used by Satoshi in his original …

Bitcoin

What Is A Bitcoin and Might They Be Useful For Travelers?

<i>TPG Assistant Editor Melanie Wynne takes us through a quick history of the bitcoin and analyzes the future of this digital currency and whether</i> …

Who the Heck Is Nick Szabo and Is He the Real Father of Bitcoin?

If only Bitcoin could be paternity tested. Then we would know for sure if Dorian Satoshi Nakamoto really is its father. Or if it’s Three Men and a Bitcoin, a.k.a. Vladimir Oksman, Charles Bry and Neil King. Or the government. Or whomever.<p>Or, now, if it’s Nick Szabo, the newest alleged founder …

Bitcoin

In Less Than A Month These Guys Raked In $12 Million Thanks To Bitcoin Alternatives

That's because KnCMiner makes special computers that "mine" these coins. That's the process that creates the cyber-money.<p>There are even bitcoin alternatives. In less than a month, KnCMiner sold $12 million worth of a new special computer, called the Titan, which mines bitcoin alternatives that are …

Investors attempt to save MtGox bitcoin exchange

MtGox, formerly the world's biggest bitcoin exchange, is the subject of a rescue attempt from a group of investors who want to save it from liquidation.<p>Tokyo-based MtGox dealt a severe blow to bitcoin's reputation when it fell victim to an apparent digital heist in February in which $480m (£286m) …