Germany-based new digital currency NoFiatCoin (XNF) is backed by gold and silver bullion to give digital currency the added security of the value of precious metals, in case the everything goes down.
Industry
NZ court rules Megaupload warrant legal, dealing blow to Dotcom
A New Zealand court on Wednesday ruled that the search warrant used in the arrest of Megaupload founder Kim Dotcom on U.S. online piracy charges was legal, dealing a blow to the internet entrepreneur's fight against extradition to the United States.
First U.S. bitcoin ATMs to open soon in Seattle, Austin
Some of Bitcoin enthusiast Mike Caldwell's coins are pictured at his office in this photo illustration in Sandy, Utah, January 31, 2014.
Financing the Venture Capital Ecosystem—Day #1 in Lima, Peru
Entrepreneurs and investors speak about the need and urgency to increase investment and Scale Up start-up communities in their countries. Yet when it's time to invest capital, the culture of risk impedes the flow of money from the wallets of local investors into the pockets of entrepreneurs.
Companies seeking legal action against BitTorrent users and illegal movie downloaders face steep battle: report
An investigative report published by independent news organization Mother Jones said most federal judges are not keen to consider piracy claims based on computer Internet Protocol (IP) addresses, which are often used as proof to identify potential thefts.
Latest News
The Obama administration has unveiled new guidelines that will encourage lenders to do transactions with state-licensed cannabis shops that are now constrained to doing business only in cash, Reuters reported.
Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.
With Bitcoin encountering a series of problems lately, including withdrawal halting of exchanges, a $2.7 million heist, and a flaw in the Bitcoin protocol, speculations abound that the Bitcoin is coming to an end soon.
Biotech companies are in a rush to go public partly due to the sky-high valuations now experienced by many biotech firms that have gone public in the past few years, the Venture Capital Dispatch reported.
The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
Retail sales fell unexpectedly in January and the number of Americans filing new claims for unemployment benefits rose last week, in the latest signs of slowing economic growth early in the first quarter.
The Boston College Venture Competition or BCVC hosted the second year of the Startup Career Fair this week with over 30 tech startups taking part of the event, The Heights reported.
White House officials finally rolled out the Cybersecurity Framework aimed at improving the cybersecurity of public and private critical infrastructure providers so they can better fight against cyber threats, TechCrunch reported.
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
