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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...

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...

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...

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...

Marc Andreessen, at today’s Coinsummit, was quoted comparing Warren Buffett to “old white men crapping on new technology they don’t understand.” Andreessen feels that if Buffett does not understand the concept of bitcoin, maybe he shouldn’t be so...

IRS: Bitcoin is Property Bitcoin has been ruled to be treated as a property, rather than a currency by the Internal Revenue Service. Bitcoin expert Tyson Cross claims that this will burden bitcoin enthusiasts significantly. The new ruling will enforce that all bitcoin...

Exton Firm WPCS Last year, Exton made an effort to join the digital currency ecosystem. Known for their bitcoin trading platform, Exton recently announced its expansion to an online-based BTX Trader application. Exton firm is based out of WPCS International Inc. Previously, the...

European Union Bitcoin Warning On Monday, the head of the European Union’s police agency issued a warning that digital currencies are being used for money laundering purposes. Police were given authority to identify Internet criminal suspects. Warnings have previously been...

Coinarch Bitcoin startup Coinarch has announced that it will allow for bets of up to 8 times to be placed on the digital currency. The trading platform’s pricing will be based off of the Bitstamp bitcoin exchange. Coinarch’s beta testing phase will begin next week....

Australian Bitcoin ATM Race An Australian bitcoin ATM will soon be installed down under, as two firms race to be the first company to do so. Firms Australian Bitcoin ATMs and Krypto Currency Solutions confirmed that they each look to install their machine at Sydney’...