UPDATE (6th April 14:03 BST): Comment added from Garrick Hileman, an economic historian at the London School of Economics. US bitcoin marketplace Buttercoin is shutting its doors, despite launching with at least $1.3m in investor backing just four months ago. In a farewell post to customers today, the Buttercoin team announced the service will go offline this Friday […]
Archives for April 2015
RIMS 2015- FOR003- Bitcoins: The Next Cyberinsurance?
Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]
BitQuick Bids to Capture US Cash-to-Bitcoin Market
For all the ecosystem’s advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while positioning itself as more secure and convenient than competitors. […]
BitQuick Uses Bitgo’s Insurance Policy to help Capture US Cash-to-Bitcoin Market
For all the ecosystem’s advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. Building on the foundation of Bitgo’s $250,000 insurance policy, BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while […]
Bitcoin Alternative LEOCoin Linked to Suspected Pyramid Scheme
The latest bitcoin alternative to garner media attention, LEOCoin has so far trumpeted the more than 130,000 merchants that have allegedly signed on to accept it as payment. This claim, the headlines assert, suggests that LEOCoin is quickly gathering interest from an international community. However, representatives of the project have for more than a week been unwilling […]
