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A month after American Senator Joe Manchin called Bitcoin “disruptive to our economy,” the senator has turned over a new leaf. Joe Manchin Changes His Mind About Bitcoin In an interview with the Washington Post, Manchin said that the recent efforts made by the IRS to tax Bitcoin...

The Bitcoin Foundation has acknowledged and responded to the decision set forth by the IRS bitcoin ruling. With bitcoin being looked at by the Internal Revenue Service, bitcoin gains more legitimacy in the eyes of the government and the public. However, though the foundation...

The rise in popularity of bitcoin, a peer to peer based digital currency and payment system, is well known and documented. At the same time it appears that even though many have become familiar with the name of bitcoin, from amongst them not many seem to understand what the...

GoCoin Payment Platform Virtual currency eCommerce marketplace Bitcoin Shop Inc. has announced its plans to invest in the GoCoin digital currency payment platform. The $1.5 million equity fund was lead by Bitcoin Shop’s CEO Charles Allen, COO Michael Handerhan, former...

In an interview with Bloomberg,“Bloomberg Surveillance,” Howard Ward, the Gamco CIO (Chief Investment Officer) of Growth Equities, discussed his stance on Bitcoin. Ward thinks Bitcoin is worthless, odd, and like a digital furby doll. Ward Says Bitcoin is Worthless When asked...

Circle Bitcoin Today, the Circle bitcoin team announced that the company has closed its Series B round of financing. Circle’s existing investors include Breyer Capital, Accel Partners, General Catalyst Partners, and Oak Investment Partners. The company’s second round...

Kraken a virtual currency exchange managed to rake in $5 million from Hummingbird Ventures in a Series A round of funding. Kraken appears to wish to be as big as MtGox, but better than the former ex-Bitcoin exchange ever was. According to CNET, the founder and CEO of Kraken,...

After Auroracoin began its distribution of AUR at midnight on March 25th via the Airdrop, the digital currency has seen nearly 50% fall in value. Auroracoin is Iceland’s first attempt at a national virtual currency. What Exactly Happened? At the first day of the Airdrop,...

Vault of Satoshi According to a Reddit post, Canada’s Vault of Satoshi announced that it had gained a full Money Service Business license. The company finally obtained the license after being in a probation period. Vault of Satoshi’s Director of Marketing Adam Cochran...