“Here’s one of the more interesting S-1 filings of the year. In a filing with the SEC, the Winklevoss Bitcoin Trust, headed by Cameron and Tyler Winklevoss, said it will sell around $20 million worth of shares, which will each represent a fraction of a single bitcoin, the digital currency the twins have invested in. Bitcoin has become the best known virtual currencies since its release in 2009. The currency was created by a person or group known as Satoshi Nakamoto (whose true identity is unknown) and is primarily used by online merchants, though some mostly smaller brick-and-mortar retailers have recently begun to accept bitcoins for payment.”
Related posts:
Diet sodas linked to higher risk of Type-2 diabetes in women
Obama launches $100 million brain-mapping project
Guardian Reporter Glenn Greenwald: We Have List of NSA Targets
Cheap Oil Is Squeezing Property Owners in Energy Hubs
Mozilla plans '$25 smartphone' for emerging markets
Cashing in on the bitcoin boom
US blocks G20 crackdown on tax avoidance by net firms like Google and Amazon
Japan approves £73bn stimulus package
Business fined $4,000 over missing trashcan lid
Ten years after war, Iraq emerges as a major arms buyer
CIA chiefs face arrest over horrific evidence of bloody 'video-game' sorties by drone pilots
FED paper warns it might not be able to undo QE
Trump says 'tariffs are the greatest!' as Harley-Davidson offshores operations
Chicago ‘Safe Passage’ routes put to test amid more shootings
France Considers Scrapping Its 35-Hour Working Week