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Bitcoin Magazine | May 25, 2013

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Business Archives - Bitcoin Magazine

Business
Statue_of_Liberty_from_ferry

Liberty Reserve Shut Down For Money Laundering

May 25, 2013 | | 4 Comments
Liberty Reserve, one of the more popular alternative payment processors for the USD and Euro, has been shut down and its owner, Arthur Budovsky, arrested in Spain as part of a joint money laundering investigation by... Read More ...
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Business
Founders Fund

BitPay Raises $2 Million Led by Founders Fund

May 16, 2013 |
Just this morning, BitPay’s press office released an announcement that the lead payment processor for bitcoin has raised an additional $2M in seed round financing led by Founder’s Fund. Founders fun includes thr... Read More ...
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Business
BitPay Hires Jeff Garzik

BitPay Hires Jeff Garzik

May 15, 2013 | | One Comment
Yesterday, BitPay Inc, the world’s leading payment processor for Bitcoin announced an expansion to now 10 full time employees. BitPay, founded in 2011 by Tony Gallippi and Stephen Pair, has continued to expand in ... Read More ...
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Business
investors_boost_bitcoin_50k

Investors Join Forces With Boost VC to Benefit Bitcoin Businesses

May 14, 2013 |
The next round of the Boost VC accelerator program keeps getting more rewarding for Bitcoin entrepreneurs as the June 1 deadline to apply steadily approaches.  Today, Boost is very excited to announce a deal that ... Read More ...
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Business
Coinbase Final Image

Bitcoin Magazine Congratulates Coinbase on a Series A Round of Funding

May 9, 2013 |
On Tuesday, Coinbase announced receipt of $5M in investment funding led by Union Square Ventures with additional support from Ribbit Capital, SV Angel, and Funders Club.  Coinbase’s Series A funding followed a Se... Read More ...
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Business
BitPay:Gyft Partnership

Bitcoin Magazine Congratulates Gyft’s Opening of 50,000 Locations to Bitcoin via BitPay, Inc

May 9, 2013 | | 2 Comments
Just this morning, BitPay, Inc announced it’s newest merchant, Gyft. Gyft, a mobile gift card platform, added support for Bitcoin purchases of gift cards on the Android platform, through its partnership with BitPa... Read More ...
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Business
Bitcoin PayPal

PayPal President Considers Bitcoin

April 24, 2013 | | 2 Comments
After reaching $20 Billion in mobile transactions, PayPal President appeared on Bloomberg TV’s “The Pulse,” with Guy Johnson to discuss mobile security and share his thoughts on the Bitcoin currency. This morn... Read More ...
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Business
bf

BitFloor Shuts Down

April 19, 2013 | | 3 Comments
The fourth largest Bitcoin exchange in the world, BitFloor, has announced that it is closing its doors, and will soon be refunding deposits to customers. The announcement has nothing to do with recent technical prob... Read More ...
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Business
goldcoin

Interview with Amagi Metals’ Stephen Macaskill

April 10, 2013 | | 6 Comments
Initially, Amagi Metals had joined the Bitcoin community with little fanfare. When four-year-old company first started accepting payments in Bitcoin in December 2012, it made no attempt to advertise the fact; indeed... Read More ...
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Business
Trace Mayer interviewed on FOX Business about Bitcoin.

Trace Mayer on FOX Business – Why Bitcoin Is Just Getting Started

April 7, 2013 | | 6 Comments
Trace Mayer recently appeared on FOX Business and was asked the question by host Melissa Francis: ”Bitcoin is just insane and it has really taken off. People are paying attention to it. But is it for real?... Read More ...
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