
“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:
Bitcoin entrepreneurs want to put virtual coins in your wallet
Donations, lobbying by high-speed traders on the rise
U.S. ranked 32nd in press freedom index
Gold trade booms in war-torn Syria
Termites Feast On Woman's Life Savings
Term limits for Congressional ethics investigators removed
How Venezuelan Used ‘Scrape’ to Make Six Times Her Salary
Inside Hong Kong's biggest Bitcoin mine
Catholic Priest Allegedly Beheaded in Syria by Al-Qaeda-Linked Rebels Who Take Pictures and Cheer
German court rules that ECB's 2012 bond-buying plan is legal
Police officer fired for hitting fleeing suspect with car hired by neighboring county
German advisors push for 'wealth tax' on holiday homes to bail out Greece
Should a Woman Be Shackled While Giving Birth? Most States Think So
Senator: Contractor that vetted Snowden is under investigation
Second British man jailed for selling fake bomb detectors to governments