
“The world’s best-funded bitcoin startup has revealed plans to market a line of chips to embed in consumer devices, allowing smartphones and other Internet-connected gadgets to continuously earn digital currency through the process known as ‘mining.’ The news from 21 Inc., which is also adding former Treasury Secretary Lawrence H. Summers to its advisory board and announcing that tech giant Cisco Systems Inc. and former AMR Holdings PLC chief strategy officer Mark Templeton are investing in the company, ends 18 months of intense speculation within the bitcoin community. In March, the company said it had stealthily amassed $116 million in fundraising– a record for the sector.”
Related posts:
Chief Greek Statistician Threatened with Jail For Revealing True Size of Deficit
Asian economies turn to yuan
State Department bureau spent $630,000 on Facebook 'likes'
Parents now face hard consequences for leaving kids in car
When 'Smart Homes' Get Hacked: I Haunted A Complete Stranger's House Via The Internet
The wheels are coming off the whole of southern Europe
Randomly generated bot tweet prompts investigation by Dutch police
China arrests nearly 1,000 doomsday ‘cult’ members of ‘Almighty God’
Marc Faber: I would own physical gold
Benghazi air space shut over security fears: Libya source
Angry bondholders storm Bank of Cyprus building, damage windows
As haze clears, are American opinions on marijuana reaching tipping point?
Spain considers timezone shift to combat ‘siesta-taking’, 'late-night partying'
Britain fights EU's 'Big Brother' bid to fit every car with speed limiter
$652 million project ‘GENIE’: U.S. conducted 231 ‘offensive cyberoperations’