New Hampshire residents are the most likely to pay for Overstock items in bitcoin, according to new data released by the e-commerce giant. Overstock indicates that the company has seen 131 bitcoin orders per million residents in the Northeastern US state. Utah and Washington, DC, placed second and third in the rankings, with 89 and […]
Overstock’s Top 10 US States for Bitcoin Spenders
Former US Treasury Secretary: Bitcoin Needs More Than Math to Succeed
Former US Department of Treasury Secretary and advisor to President Barack Obama Lawrence Summers has argued that, in order for bitcoin succeed, the technology and those who support it will need to embrace regulation. Summers’ latest comments came on 11th February at the Museum of American Finance (MOAF) during an event entitled “Bitcoin and the Future […]
Bitcoin Pitched to New Generation of Developers at DevCore Boston
Despite record snowfall in the region, a dedicated group of technology enthusiasts, business owners and cryptocurrency supporters gathered in Boston to pitch bitcoin to a new generation of developers this Wednesday. Hosted by the Bitcoin Foundation, the DevCore event series is intended to support the trade organisation’s now primary goal of fostering the open-source development of […]
Why Bitcoin’s Star is Rising in the Czech Republic
Bitcoin’s public image may have taken a beating recently, with its price dramatically falling at the beginning of the year and the recurring coverage of the Silk Road trial dominating the headlines. However, there is evidence to suggest that bitcoin’s popularity may be rising in the Czech Republic. Downloads of the free bitcoin-QT wallet in the […]
LazyCoins Launch Highlights Challenges for UK Bitcoin Businesses
A British startup has launched a cryptocurrency exchange and plans a merchant payment processor focused on businesses in London soon. Notably, the self-funded firm, called LazyCoins, is a registered Money Services Business (MSB) with the country’s tax authority. That is something no other British exchange can claim. “We’re trying to be as transparent as we can while waiting for the […]
