TIME: Top 10 Exciting Startups

“2. Coinbase:  The digital currency bitcoin was thrust into the mainstream this year thanks to massive spikes in valuation ($265 in April, then $900 in November) and an FBI seizure of $ 28.5 million worth of bitcoins from the illicit drug website Silk Road. A cottage industry has emerged to help people put the virtual currency to legal use. Coinbase, headquartered in San Francisco, has become one of the most prominent businesses, allowing people to buy and store bitcoins and developing deals with merchants to help them carry out bitcoin transactions. The startup has attracted $6 million in venture funding, the most of any bitcoin company, and has signed up 13,000 merchants to use its service.”

http://business.time.com/2013/12/04/business/slide/top-10-exciting-startups/

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