Tags: Bitcoin
Amazon Virtual Money boost App Revenue
Purchase of apps using Amazon coins saw a 50% weekly boost in revenues. The USD5 worth of Amazon coins was a gift well spent by Kindle Fire consumers. This in turn was an excellent money-generating move for both Amazon and app developers, according to tech evangelist Peter Heinrich.
Owning Bitcoin Illegal?
Owning Bitcoin could become illegal if governments outlawed the digital currency due to unusual risks and decentralization.
IPO Planned For Bitcoin Headed by Winklevoss Twins
Winklevoss Twins offer IPO for Bitcoin. (Photo : Reuters)The image is the Bitcoin logo. Winklevoss Bitcoin Trust, which was designed to operate similarly to electronic exchange trading, is set to open its doors and make an initial offering of $20 million worth of shares.
Additional US$2M Raised in Seed Round for BitPay
BitPay Inc receives another US$2 million in seed money. Bitcoin's payment processor, BitPay Inc. , announced on Thursday that it was able to raise additional US$2 million from its initial capital growth financing round headed by the Founders Fund.
