Companies

Bitcoin platform company Gem Raises $2 Million in Funding

Bitcoin platform company Gem Raises $2 Million in Funding

Recently-launched bitcoin services company Gem hasn’t been around terribly long, and they are already doing some pretty impressive things. The Venice, California-based company announced on Wednesday that they have closed a $2 million seed round of funding. That money, the company says, will help faster grow Gem’s recently-launched full-stack API. That…

Bitcoin As Salary Yes Or Not

Bitcoin As Salary: Yes Or Not?

Converting paychecks into bitcoins through exchanges is tedious task for companies and employees, which is why employees are now accepting salaries directly in bitcoins. To make the task less tedious, a Canadian payroll software company, Wagepoint, is letting employers pay remuneration to their staff directly in bitcoins. The firm takes…

eBay going into Bitcoin with Braintree unit

eBay going into Bitcoin with Braintree unit

eBay Inc. is finally going to start experimenting with Bitcoin. On Monday, eBay announced that Braintree, the company’s payment processor subsidiary, would begin accepting the virtual currency in the “coming months.” According to Braintree CEO Bill Ready, who was speaking at San Francisco’s TechCrunch Disrupt conference, the company has partnered…