Coin News

Gaming PC specialist Alienware, an independent company owned by Dell, is now officially accepting bitcoin.

Earlier in July, the popular Bitcoin exchange, wallet, and payments processor – Coinbase, announced Coinbase Vault, a free, optional service for safer long-term Bitcoin storage. The Vault wasn’t immediately available to all users, and was instead gradually rolled out. General availability was targeted for July 16th, and although Coinbase seems to have missed their target by […]

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CoinDesk provides a visual recap of The North American Bitcoin Conference, held last weekend in Chicago.

SecondMarket founder and CEO Barry Silbert is stepping aside from running the firm's private shares business to focus on Bitcoin.

He'll remain Chairman and CEO of SecondMarket Holdings, Inc., but now plans to spin off the firm's digital currency activities. Silbert has been a leading cryptocurrency evangelist, and is currently planning on launching the first U.S. Bitcoin exchange network. He's also invested hundreds of millions of dollars through a venture capital fund.

"My passion for Bitcoin is no secret and I feel it is the right time to make this transition," he said in a statement. "Our intention is to formally separate the two business lines at the appropriate point in time. " 

Bill Siegel has been appointed interim SecondMarket CEO.

In previous years, SecondMarket was known as a market for buying and selling shares of fast-growing private companies like Facebook, Twitter and Zynga.

Here's Silbert's full statement:

Believe it or not, it was ten years ago that I founded the company that would later be renamed SecondMarket.  Over the past decade, SecondMarket has gained tremendous experience breaking open new markets such as private company stock, auction rate securities, bankruptcy claims, community bank stock and, most recently, bitcoin.  The competencies and lessons learned opening these markets has been invaluable.

As with all startups, we have had some fantastic successes and some clear failures.  But along the way, SecondMarket successfully transitioned from a telephone-based broker of illiquid assets into a highly scalable, product-focused organization that has redefined how private companies and funds raise capital and facilitate liquidity for their stakeholders.  We have product market fit, a fantastic team, a record number of private company/fund customers and are very well positioned for long term success.  The future for SecondMarket has never been brighter. 

While I have never been more excited about SecondMarket, I have chosen to move on from day-to-day management of the private company/fund business so that I can focus 100% of my energy on our digital currency business.  My passion for bitcoin is no secret and I feel it is the right time to make this transition.  Our intention is to formally separate the two business lines at the appropriate point in time.  In the meantime, I will remain Chairman and CEO of our parent holding company.

Bill Siegel, who has been instrumental in the development and refocusing of our private issuer products, has been appointed Interim CEO of that business line.  Our clients are in great hands with Bill at the helm, and we are running a formal search for a permanent CEO for our private company business, in which Bill is a candidate. 

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Big news should cause big price moves for bitcoin, right? Apparently not, as the stable BTC price continues to confound traders.

NASCAR fans might get even more, perhaps unwanted, exposure to digital currency this year. Only months ago, Josh Wise was racing under the Dogecoin name. Now, rookie driver Alex Bowman and the BK racing team are embracing Bitcoin and are putting their support behind Bitcoin crowdfunding effort ‘Bitcoin23‘ (Alex Bowman’s number is 23) to raise $100,000 […]

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NASCAR fans might get even more, perhaps unwanted, exposure to digital currency this year. Only months ago, Josh Wise was racing under the Dogecoin name. Now, rookie driver Alex Bowman and the BK racing team are embracing Bitcoin and are putting their support behind Bitcoin crowdfunding effort ‘Bitcoin23‘ (Alex Bowman’s number is 23) to raise $100,000 […]

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New York-based bitcoin exchange Coinsetter has lowered fees to 0.10% following its official launch.

Contrary to some statements, bitcoin's fate will not be decided by lawmakers and regulators in the next 18 months

It’s time for the Bitcoin community to sponsor a NASCAR Sprint Cup Driver. The bitcoin crowdfunding campaign called Bitcoin23 just launched this morning via popular funding platform Crowdtilt. The campaign will support rookie Sprint Cup driver Alex Bowman and his team, BK Racing, with the goal of fully wrapping the #23 car in a Bitcoin livery for the Labor Day weekend race at Atlanta Motor Speedway. The new campaign is focused on increasing awareness and driving the future growth of Bitcoin. The time is now for the Bitcoin community to get a chance to see a Bitcoin themed car zoom by at 200mph on one of racing’s largest stages. The driver will be Rookie of the Year contender Alex Bowman. […]

The post Bitcoin Crowdfunding Campaign Sets Goal of Bringing Bitcoin to NASCAR appeared first on Bitcoin Magazine.

Rookie driver, Alex Bowman, is embracing the use of Bitcoin in what is the first chance to bring Bitcoin to the NASCAR stage. A press release from the team was released this morning.   BITCOIN AND NASCAR COME TOGETHER IN THE FIRST CROWDFUNDING EFFORT FOR A SPRINT CUP DRIVER Alex Bowman, rookie driver for BK Racing, embraces the use of Bitcoin and emerging payment technologies. STATESVILLE, NC — JULY 24 — Today, NASCAR driver Alex Bowman and his team, BK Racing, announce their support of a Bitcoin crowdfunding effort, named Bitcoin23, to bring a Bitcoin themed car to the NASCAR Sprint Cup Series. The campaign starts today and runs until August 20, and will be instrumental in the continued growth […]

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Rookie driver Alex Bowman has joined a crowdfunding campaign to bring a bitcoin-themed car to the Sprint Cup series.

The Bitcoin price has dropped more than 2.8 % (16+ US Dollars) today from a start of 620 USD per Bitcoin to now hovering around 603 USD. What do you think is happening with the Bitcoin price? Are there any events that are causing this drop? Or is it simply some Bitcoin whales that wants […]

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The Australian bitcoin firm has reported its first quarterly earnings since it was re-listed on the ASX.

Welcome to the first article on Bitcoin Research Papers or, as we will call them here, BitPapers. As you may recall, Gavin Andresen recently resigned from the Lead Developer post, stating that: “Today, I find it harder and harder to keep up with all of the great Computer Science or Economics papers related to bitcoin […]

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Ben McLannahan, writing in today’s Financial Times, is reporting that Mt Gox creditors in Tokyo have demanded payments to them  be paid in the form of bitcoins rather than cash. Mt Gox was once the largest online exchange but went offline in February of this year and revealed, or more accurately claimed that it had […]

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The first day of Coin Congress consisted of opinions on the NYDFS framework and an interesting BTC trading presentation.

Dem BitPay-Mitgründer Tony Gallippi sind Innovationen nicht fremd. Er half die Firma BitPay, den ersten Bitcoin-Zahlungs-Abwickler, im Jahre 2011 zu gründen. Sie bereitete den Weg um Verbraucher und Händler zu verbinden, und tut dies auch heute noch. Bei der diesjährigen North American Bitcoin Conference in Chicago berichtete Gallippi begeistert über BitPays neuestes Projekt und eine […]

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The Chamber of Digital Commerce, located in Washington D.C., has been one of the major organizations spear-heading the BitLicense opposition. Chamber of Digital Commerce Founding President Perianne Boring has been vocally active against Ben Lawsky’s proposed BitLicense regulation recently at the North American Bitcoin Conference in Chicago. The Chamber of Digital Commerce then held a […]

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The US District Court of Seattle has ordered Tibanne KK to stop the auction after CoinLab protested domain name sale.