Funding

PayPal

PayPal Change of Terms to Spur Bitcoin Payments

Just recently PayPal made an announcement about modifying their terms of service in July this year which is likely to stimulate bitcoin payments and transactions. PayPal will make changes to their User Agreement where they indicate that the company will hold rights to the content published by the publishers via…

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…

BitFury Capital Invests in Bitcoin Security Specialist BitGo

BitFury Capital Invests in Bitcoin Security Specialist BitGo

BitFury Capital, the investment arm of bitcoin mining infrastructure provider BitFury, has announced an undisclosed investment in BitGo. The news marks the venture capital firm’s second investment in recent weeks, following confirmation that it had invested in an anonymous bitcoin wallet provider. Speaking to CoinDesk, BitGo CEO Will O’Brien elaborated on the significance of the…