PayPal
PayPal said today that a subset of North American merchants that accept payments online using PayPal can now accept bitcoin as a payment method, too. Bitcoin acceptance will be limited to those merchants that use Paypal to sell digital goods, such as ringtones, games and media. These sellers will have to sign up with one Continue Reading →
Square
Over the past year, it’s become a lot easier to buy bitcoin, thanks to services such as Coinbase. And thanks to retailers such as Overstock.com and TigerDirect, it’s now a lot easier to to spend them online. But there’s still one big pothole in bitcoin’s bumpy road to mainstream adoption: Your local coffee shop. That’s Continue Reading →
Bitcoin
  Bill Ready, who led the company through its sale, says that mobile conversion rates are still far off from where they are on the desktop web. That’s partially because it’s a lot more tedious to enter or re-enter credit card information on mobile devices. Ready says that more than half of e-commerce shopping experiences Continue Reading →
eBay
eBay’s PayPal is in talks with Coinbase and other bitcoin transaction providers to integrate the virtual currency within its Braintree payments system, The Wall Street Journal reported on Thursday. Executives at PayPal, which owns the service that handles payments for startups from room-bookings network AirBnB to car-on-demand service Uber, have not struck any agreements, the Continue Reading →
Bitcoin
An authoritative-looking report has appeared that suggests bitcoin‘s meteoric rise late last year — from $200 to $1,200 in one month — may have at least partly been the work of bots, possibly associated with those running the melted-down MtGox online exchange. The so-called Willy Report emerged on Sunday, claiming to demonstrate fraudulent activity at Continue Reading →
Circle
The implosion and subsequent liquidation of bitcoin exchange Mt. Gox last month played to the worst fears about digital currencies. Confusing to use and volatile as a store of value, bitcoin has also been the frequent target of hackers, thieves, and incompetent businessmen. Despite bitcoin’s appeal to venture capitalists eager to profit from a new Continue Reading →
Bitcoin
The U.S. Federal Election Committee said on Thursday that the virtual currency, bitcoin, could be used for donations to political action committees under certain conditions. In a unanimous vote, the FEC, which enforces U.S. campaign finance laws, said a political committee could accept donations in bitcoins up to an individual limit of $100 for each Continue Reading →
Bitcoin
Consumer protection agencies are getting worried about cryptocurrencies. The US Securities and Exchange Commission (SEC) issued an investor alert today warning about the risks of investing in bitcoin and other virtual currencies such as Peercoin, Dogecoin, and Minacoin. This is actually the SEC’s second cryptocurrency-related alert. The first was issued last summer after the agency Continue Reading →