The Bitcoin Investment Trust’s GBTC Begins Trading on Public Markets

It has been a long time coming, but as of this morning, the publicly traded shares of the Bitcoin Investment Trust have officially started trading under the ticker GBTC. For the first time in bitcoin’s history, bitcoin can now be bought and sold on the public markets. For the past few weeks, there have been multiple bids placed for shares of GBTC, including one by Maxim Capital for 50,000 shares at $35.00/share. However, there hadn’t been any asks, or offers to sell shares. KGA Americas was the first to place a $44.00 ask for 298 shares of GBTC, which is the equivalent to 29.8 bitcoin at around $440.00 per coin. I might have been first to purchase $GBTC, here’s my […]

The post The Bitcoin Investment Trust’s GBTC Begins Trading on Public Markets appeared first on Bitcoin Magazine.


Continue reading…

 

New Mining Chip Developed by SFARDS Becomes Most Efficient Chip Produced

A new digital currency mining chip is being released next week that the manufacturer believes will severely decrease the amount of electricity needed to mine bitcoin, an important factor for miners. According to Marshall Long, the CTO of FinalHash, a mining consulting firm, “these new chips will allow hobbyists to get back in the game. Power to the miners.” The new chip is being manufactured by SFARDS, a new company formed from the merger of two other Bitcoin mining companies, Gridseed and WiiBox. Gridseed was a mining chip and hardware manufacturer, while WiiBox developed software and hardware for controlling mining rigs. According to Long, Frank Li is leading the team that is bringing this chip to market. “This chip outperforms […]

The post New Mining Chip Developed by SFARDS Becomes Most Efficient Chip Produced appeared first on Bitcoin Magazine.


Continue reading…

 

Bitcoin Job Fair Highlights Payroll Trends in Fintech

Accenture’s recent report projects investment in the financial tech sector to more than double in five years, from $3 billion in 2013 to more than $8 billion in 2018. With the rise of investments comes the rise of demands for employees. The first quarter of 2015 shows a 54 percent increase of venture capital funding for Bitcoin companies, with the total sum growing from $133 million to $229 million with notable investments in both Coinbase and 21inc. At the Bitcoin Job Fair last week hosted by the Plug and Play Tech Center, the 30 companies represented were focused on attracting and keeping the best talent. The 350 attendees were passionate about Bitcoin, and many of the job seekers were interested […]

The post Bitcoin Job Fair Highlights Payroll Trends in Fintech appeared first on Bitcoin Magazine.


Continue reading…

 

Join the #ProofOfWork 30-day Health and Fitness Challenge Powered by Bitcoin

Bitcoin is mined based on the concept of proof of work. The difficulty of proof of work and the computing power required make bitcoin special and very rare and therefore very valuable. This concept of proof of work is integral not only to bitcoin but also applies to many facets of life. Anything worth having or accomplishing takes work, as the old saying goes. Health and fitness is no exception to this rule. Consistent habits can create an amazing body and health. The proof of your workout is clear when you have great biceps. The only way you get those biceps is through a dedication to your goal and by holding yourself accountable. BitPay, Bitcoin Magazine, ChangeTip and the Chamber of […]

The post Join the #ProofOfWork 30-day Health and Fitness Challenge Powered by Bitcoin appeared first on Bitcoin Magazine.


Continue reading…

 

Expanding Opportunity Works

Ed. note: This is cross-posted on The Huffington Post.

Today, I will join President Obama as he travels to Lehman College in the Bronx, NY to speak about the importance of expanding opportunity and to applaud a new private-sector entity — the My Brother’s Keeper Alliance.

A group of private-sector leaders and other prominent private citizens, led by Joe Echevarria (the former CEO of Deloitte LLP) have come together to form this new, independent non-profit. Joined by a diverse range of philanthropic, community, and private-sector partners, leaders of the Alliance are pledging to work to expand opportunity for youth, strengthen the American workforce, and fortify the economic stability of communities across America.

The Alliance will join other private-sector organizations all across America to focus on expanding opportunity and tearing down barriers facing our youth so that we can truly say the American Dream is available to all.

Meanwhile, at the White House, the work of the President’s My Brother’s Keeper (MBK) Task Force, which it is my honor to chair, will continue to move forward on the work the President has charged us with. We will continue — with great urgency — to disseminate best practices, strengthen federal policy, and implement strategies to support communities in their efforts to expand opportunity for all youth.

read more


Continue reading…

 

SpectroCoin Integrates WoraPay’s Payment Network for Merchants in Eastern Europe

Through an integration of the European payment network, WoraPay, users of the London-based Bitcoin mobile wallet SpectroCoin now can spend bitcoin at numerous Eastern European merchants. Paying merchants with bitcoin is done indirectly, however. Users’ fund their WoraPay accounts with bitcoin sent from their SpectroCoin wallets, and then pay the merchant with euros through their phone. Though WoraPay has its own mobile wallet, the company also opened its payment network to third-party wallets. This gives other mobile wallets access to a growing number of merchants across Europe that accept WoraPay. The payment network is especially popular in Eastern Europe and only recently has got traction in Western Europe. “[The] key requirement for currency is its liquidity. And, differently from most […]

The post SpectroCoin Integrates WoraPay’s Payment Network for Merchants in Eastern Europe appeared first on Bitcoin Magazine.


Continue reading…

 

Scarlett Johansson stars in fake ‘Black Widow’ movie trailer for ‘SNL’

NEW YORK, May 3 (UPI) — Scarlett Johansson sent up her {i:Avengers} film franchise by appearing in a {i:Saturday Night Live} trailer for a faux standalone Marvel movie focused on her character Black Widow. “Does Marvel not know how to

The post Scarlett Johansson stars in fake ‘Black Widow’ movie trailer for ‘SNL’ appeared first on Breitbart.


Continue reading…