Exchange Gold for Cash

The New York Times technology and finance reporter Nathaniel Popper’s new book “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” has been praised as one of the best Bitcoin books to date. Popper tells the story of Bitcoin from its geeky, libertarian early days to the beginnings of the current phase marked by significant venture capital investments and growing adoption by the financial community. Popper’s book contributes to the ongoing Bitcoin vs. blockchain debate. Once a bitcoin-like crypto-currency is adopted banks and governments, will it still be recognizable as bitcoin, or rather become a sanitized blockchain controlled by central banks, with all the troublesome features of bitcoin removed? “A company like Goldman […]

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Gold payment startup BitGold acquired the operations and intellectual property of the leading consumer gold storage company GoldMoney.com. The acquisition of the company will be in exchange for 1,169,794 common shares in BitGold, a public company trading on the Toronto Stock Exchange. GoldMoney, since its founding in 2001, has amassed 20,000 customers, 135,000 user sign ups and manages more than $1 billion in assets. In a BitGold press release, the startup said the acquisition will lower its operating cost and give them a ready-made vault storage operation for the company’s in-beta gold payment system. BitGold is currently developing and testing a payment service that will use blockchain technology to facilitate digital gold payments. As part of the acquisition, GoldMoney founder […]

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Amsterdam-based Bitcoin payment gateway Coinzone, which now positions itself as a full-stack Bitcoin solution with a focus on Europe, announced that it will launch its wallet – the core of its upcoming platform – in early summer. “Our goal is to assist Europe with all that Bitcoin has to offer the world of commerce,” says the Coinzone website. According to the company, the Coinzone Wallet will make Bitcoin simple for a growing community of European consumers. The fully-featured personal wallet will support country-specific local currencies for bank deposits and withdrawals, transfers and instant payments. “Growing European demand for Bitcoin means more and more consumers want a simple and secure way to transact,” says co-founder and CEO Manuel Heilmann. “We’ve developed […]

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Bitfury’s Allied Control, a company that uses two-phase immersion thermal management for high-performance computing and data centers, received the Green Innovations Award for its potential in saving electricity and “billions of gallons of water” in the future. Allied Control was recognized by the head of the Hong Kong government for its energy-efficient two-phase immersion cooling system, which submerges electronic components in dielectric heat transfer liquids (better heat conductors than air, water or oil). The liquids vaporized from the chips are condensed and reused. According to a report, the U.S National Security Agency’s major data center in Utah “consumes up to 6.6 million gallons of water a month.” Apart from the water used to cool the data center, it also embeds […]

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BitQuick is the latest Bitcoin company to integrate Clef’s passwordless two-factor authentication to make logins safe and easy for a big audience. Oakland, CA – May 26, 2015 — BitQuick, the fastest way to buy Bitcoin, announced an integration with Clef today to protect the accounts on their platform. Clef is becoming increasingly popular for Bitcoin companies who are interested in growing their audience, especially companies on the rise like BitQuick. BitQuick has rapidly grown their volume by circumventing some of the traditional requirements for buying Bitcoin and making the process take hours instead of days. In an industry where every millisecond is tracked to help increase sales, speed is a huge asset both for the company and for the entire […]

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