Over the past month, we have reported that some nations would be getting Bitcoin (BTC) ATMs, otherwise known as BTMs. New York, Vancouver, Hong Kong and others have installed these machines or on the verge of doing so. Australia plans to outdo them all. According to local news and … [Read more...]
CFSA Poll: 80% of Payday Loan Borrowers Say Debt is Easy to Repay
Whether it’s a media exaggeration or the government trying to find a problem, a recent poll found that payday loan borrowers are quite satisfied with the terms of the lender. Many respondents also felt that using a payday loan establishment should be their choice and not the federal, … [Read more...]
Apple Inc. (AAPL) Touchscreen “Smart Bezel” Patent Revealed
Apple Inc.'s (NASDAQ: AAPL) application for a patent to protect its new "smart bezel" design, a technology which would add new input capabilities to touchscreens, was published yesterday by the U.S. Patent & Trademark Office. The bezel is the border around the edge of a touchscreen, … [Read more...]
Dogecoin Value on the Rise: Much Coin – Such Profit – So Wow
Everyone may be talking about bitcoin and litecoin, two of the most valuable digital currencies in the cryptocurrency industry, but one new virtual currency, which is based on an Internet meme, is gaining traction. Dogecoin, established seven weeks ago, is now the fifth most … [Read more...]
Apple Inc. (AAPL) Sued By Hilltop Technology in “Patent Trolling” Case
Apple Inc. (NASDAQ: AAPL) was targeted yesterday by a lawsuit filed in Marshall, Texas by Hilltop Technology, a firm claiming intellectual property rights over capacitive type touch panels. These panels are well known to consumers as the touchscreens used on iPhones and iPads, … [Read more...]
Estonia Central Bank Warns Bitcoin Could Act as a Ponzi Scheme
The central bank of Estonia stated this week that it believes Bitcoin (BTC) could act more like a Ponzi scheme than a virtual currency or an electronic payment system. This has led the Estonian central bank to urge consumers to completely avoid the digital currency altogether because … [Read more...]
PayPal Shows Increasing Interest in Apple’s (AAPL) Mobile Payment System
Rumors that Apple Inc. (NASDAQ: AAPL) is planning the release of a mobile payment system for the iPhone in the near future received a powerful shot in the arm today thanks to PayPal's expression of nearly unconditional interest in the project. Reading between the lines of the offer, … [Read more...]
Apple’s (AAPL) Q-10 Report Reveals Acquisition Spending Surged to $525 Million
Apple Inc. (NASDAQ: AAPL) filed its Q-10 report with the Securities and Exchange Commission (SEC) yesterday, a 68 page document that reveals a panoply of statistics about the technology giant's operations during the quarter ending on December 28th, 2013. One item in particular … [Read more...]
Visa CEO Dismisses Bitcoin, Supports Traditional Payment Systems
To professional bitcoiners, the digital currency can be utilized as both a currency and an electronic payment system. Although finance experts and technology entrepreneurs in Silicon Valley aren't very interested in virtual currency, they do see it as a fierce payment technology … [Read more...]
Jamie Dimon doesn’t understand bitcoin: Patrick Murck, Bitcoin Foundation Lawyer
Last week, Jamie Dimon, CEO of JPMorgan, spoke with CNBC and made a statement that would anger thousands of bitcoiners around the world: bitcoin (BTC) is “a terrible store of value” and that its classification as a currency will eventually come to an end. One of the most powerful … [Read more...]
Apple Inc. (AAPL) Patent Reveals Steve Jobs’ Vision for iPen Stylus
Among a bundle of 30 patents granted to Apple Inc. (NASDAQ: AAPL) on Tuesday, there is one item that marks a break with the past in both technical and symbolic terms. This is the patent for the iPen stylus, an interface tool whose patent application was originally filed in 2012. … [Read more...]
Solar-Powered MacBook Patent Granted to Apple Inc. (AAPL)
Innovation has been one of Apple Inc.'s (NASDAQ: AAPL) characteristic traits since the days of Steve Jobs, and the solar-powered MacBook patent granted to the company on Tuesday may mark the continuation of that trend. Not yet market-ready, the concept's initial patent filing occurred … [Read more...]
DriveSavers Data Recovery Successfully Recovers Lost Bitcoins
We reported in the past of a new company that has established an insurance model for bitcoins. It is believed that if you lose your bitcoins (BTC) then you cannot retrieve them again and that money is lost forever. In a press release Wednesday, DriveSavers Data Recovery announced … [Read more...]
Vera&John Becomes the First Licensed and Regulated Internet Casino to Accept Bitcoin
One of the largest online casinos in the world, Vera&John, has become the first licensed and regulated Internet casino to accept bitcoin (BTC) deposits. The initiative was part of a two-month bitcoin project. The website made the announcement Wednesday and deposits would … [Read more...]
YouTube Video Gives First Look at Apple Inc.’s (AAPL) iOS in the Car
A designer from Apple Inc. (NASDAQ: AAPL) has uploaded a video to YouTube which appears to give a first look at the actual functioning of the company's upcoming iOS in the Car software. Steven Troughton-Smith's posting to the popular video sharing site shows the software running … [Read more...]
Carl Icahn Puts His Money Where His Mouth Is and Buys an Additional $500 Million Apple Inc. (AAPL) Shares Despite Disappointing Earnings Report
Putting his money where his mouth is to the tune of $1 billion during the final week of January 2014, Carl Icahn bought $500 million of Apple Inc. (NASDAQ: AAPL) shares today despite December's unfavorable earnings report. At a moment when the technology giant's unstoppable image … [Read more...]
Apple Inc. (AAPL) Taps Into Valentine’s Day Sales With Holiday Gift Promotions
Apple Inc. (NASDAQ:AAPL) has issued a special app and taken other steps to encourage Valentine's Day sales, endeavoring to boost revenues at a time of year when retail sales are often weak following the major purchases made during the Christmas season. As part of this promotional … [Read more...]
Bank of Russia Says Bitcoin Users Could be Unintentionally Breaking the Law
It appears the Bank of Russia has followed the same line of thinking on bitcoin (BTC) as other Asian and European governments and central banks. It issued a statement on the popular digital currency Monday in which it listed its concerns and urged users to move ahead with caution to … [Read more...]
Taxpayer Advocate Service on Bitcoin, “IRS is aware of the potential tax-compliance risks”
If you’re one of the many who made a large sum of money this past year by investing in bitcoins (BTC) and litecoins then that profit could very well be subjected to tax. Many countries in the past few months have classified bitcoin and other digital currencies as commodities and will … [Read more...]
Apple Inc. (AAPL) Strikes a Deal With Russia’s Megafon Allowing Sale of iPhone
Megafon and Apple Inc. (NASDAQ:AAPL) reached a new accord today which once again permits the major Russian mobile phone carrier to sell iPhones, according to Megafon company representatives. Mobile phones and smartphones are ubiquitous throughout the former Soviet Union, making it … [Read more...]
