http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

Having monitored developments in the world of bitcoin for a year, the Bank of England has now delivered its verdict on a currency that was only created five years ago.

When I spoke exclusively to the Bank's Chief Cashier, Victoria Cleland, she was keen to say the Bank doesn't want to dismiss bitcoin. It is watching how it develops and wants to be seen to be taking it seriously.

http://www.cbronline.com/news/tech/software/e-commerce/paypal-uber-set-to-accept-bitcoin-for-purchases-4369533

The news had been rumoured earlier this year, as parent company eBay looked to expand its business in the face of increased competition, and now seems to have been confirmed by Braintree Payments, PayPal's mobile payment processing arm.

"We're announcing PayPal's first foray into Bitcoin," Bill Ready, the chief of EBay's Braintree unit, told the crowd at Techcrunch's Disrupt SF conference.

http://www.coindesk.com/overstock-launches-bitcoin-100-global-markets/

The announcement marks the first expansion of Overstock’s bitcoin payment service beyond the US, bringing the checkout option to major global markets such as Argentina, Brazil, Canada, China, France, Germany, Israel and Japan. The news comes roughly nine months after Overstock first began accepting bitcoin this January through a partnership with Coinbase.

http://www.cryptocoinsnews.com/analysis-bitcoin-price-advancing-target/

The Bitcoin price has advanced throughout both the Asian and European sessions today. Going into the US session price is still advancing with the first signs of divergence starting to show in RSI and MACD.

http://www.ft.com/cms/s/0/2e97012e-38f1-11e4-9526-00144feabdc0.html

One of the most ambitious US Bitcoin companies plans to launch a consumer service across a large part of the eurozone on Thursday, as use of the cyber-currency starts to spread.

Coinbase, which has raised $31m in venture capital, much of it from start-up investors Andreessen Horowitz, is among a group of Silicon Valley start-ups trying to bring Bitcoin into the mainstream.

http://time.com/3318853/google-user-logins-bitcoin/

The International Business Times reports that data for 4.93 million Google accounts of English-, Spanish- and Russian-speaking users was leaked and published on a Russian-language Bitcoin security online forum. The posters said about 60% of the accounts were active.

In a statement sent to TIME, Google said it had “no evidence that our systems have been compromised.”

http://www.coindesk.com/bitcoin-foundation-bitlicense-nydfs-disappointing/

The Bitcoin Foundation is reporting that certain information it requested from the New York Department of Financial Services (NYDFS) under the Freedom of Information Law will not be delivered as soon as originally suggested.

http://www.cryptocoinsnews.com/analysis-bitcoin-price-forecast-week-ahead/

Firstly, looking at the Exchange Volume by Currency diagram (courtesy Bitcoincharts.com) it is evident that the bulk of combined exchange orders are transacted in Chinese Yuan.

This is significant because, as circled on the daily BTC-China chart (below); a 2014 record daily volume of buy orders had been traded at BTC-China on 21 August. Whilst not conclusive evidence that another low is impossible, this surge in volume is a sign that bullish sentiment was capitulated from that August low.

http://www.riabiz.com/a/5036454241632256/how-bitcoin-is-penetrating-ria-portfolios-by-looking-riskier-to-ignore-than-embrace

Mind you, the president of Kingsbridge Wealth Management Inc., which manages $130 million of assets and is based in Las Vegas, was intrigued. He’d heard the hype. Then, last November, a venture capitalist that his firm invests with made a major investment in Ripple, a major Bitcoin payments company. That was the first time he thought there might actually be legitimate substance behind all the Bitcoin ballyhoo.

http://techcrunch.com/2014/09/08/paypal-braintree/

Bill Ready, who led the company through its sale, says that mobile conversion rates are still far off from where they are on the desktop web. That’s partially because it’s a lot more tedious to enter or re-enter credit card information on mobile devices. Ready says that more than half of e-commerce shopping experiences happen on mobile devices, but only 10 to 15 percent of purchases occur on smartphones.

http://www.wired.com/2014/09/satoshi/

The hacker, who told WIRED his name is “Jeffrey,” claims to have also obtained information on Nakamoto that could be used to unmask his identity. Jeffrey didn’t tell us much, but when we asked him how he managed to take control over the satoshin@gmx.com email address that Nakamoto had used for some of his correspondence, he wrote: “The fool used a primary gmx under his full name and had aliases set up underneath it. He’s also alive.”

http://www.nasdaq.com/article/bitcoin-falls-3-to-hit-3-week-low-as-technical-selling-weighs-cm387873

Bitcoin prices were likely to find support at $455.22, the low from August 19, and resistance at $497.00, the high from September 4.

Elsewhere, the price of a Bitcoin on Bulgaria-based BTC-e shed 2.51%, or $12.02, to trade at $466.89, the lowest since August 20.

http://www.coinbuzz.com/2014/09/04/cheapair-accepting-dogecoin-litecoin-whole-foods-customers-can-use-bitcoin/

Last year, CheapAir became the very first online travel agency to install bitcoin as a payment method option. It announced in July that it had generated more than $1.5 million in bitcoin sales. A lot of its sales have been for Amtrak fares, hotels, flights and much more. Indeed, CheapAir’s adoption of bitcoin has truly been a success story.

The Calabasas, California-based travel company confirmed Wednesday that it is now installing dogecoin and litecoin payment options. As its business continues to expand, it’s hoping to bring in additional clientele from the dogecoin and litecoin communities.

http://metronews.ca/news/calgary/1147529/calgary-charity-now-accepting-bitcoin-donations/

It makes a lot of sense because charities, much like small businesses, get hit with a lot of processing fees because they don’t really do huge volume like a major retailer does,” explained Dave Bradley, head of Bitcoin Brains, which is already responsible for the first brick-and-mortar crypto-currency store in the city as well as the first ATM.

Bradley said it costs a charity a few man-hours to set up the donation portal on their respective website, but added “it’s all upside from there, really.” He said he was aware of one other charity accepting Bitcoins, but believes the number involved will balloon over time.

http://techcrunch.com/2014/09/07/fantasy-bit-league-wants-you-to-bet-bitcoin-on-football/

As it turns out, betting on fantasy football is legal in every state in the U.S. Apparently it’s considered a game of skill, and not chance. Think of it as more like poker than blackjack, if you will.

The guys behind Fantasy Bit League are firm bitcoin believers, calling the cryptocurrency the “international currency.” The interface is still a bit rough, but given that they built the idea in a hackathon, that’s forgivable.

http://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/

Google the phrase “free bitcoin” and you won’t be disappointed with the number of results. What you will be disappointed with however is the nature of the sites claiming to offer “free” bitcoins. As the old saying goes: “Nothing in life is free.”

What these sites actually do is require you to perform time consuming tasks for a few measly satoshi (0.00000001 Bitcoin) which you will probably never see in any useable form as the sites have payout minimums that are impossible to reach. I decided to trawl through some of the top results for this search in an attempt to actually use them.

http://seattletimes.com/html/businesstechnology/2024435703_bitcoinatmxml.html

A cashless society is still a long way off, but automated machines that turn traditional money into virtual currency are cropping up across the globe. The trend has come to New York — Flat 128, a retailer that sells British jewelry and accessories in the West Village, is home to the first such machine in Manhattan and is becoming a destination for bitcoin enthusiasts.

http://www.ft.com/cms/s/0/384a349a-32a5-11e4-93c6-00144feabdc0.html

It doesn’t take a computer scientist to tell you that society requires an awful lot of energy. But what computer scientists are increasingly trying to tell us is that the next few decades could deliver some serious changes with regards to how smartly we consume and distribute that energy. This is what the transition to smart devices, smart grids and smart meters is all about.

http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/

Exchanges are the most popular way to dispose of bitcoin holdings for fiat currency, with thousands of coins being traded daily. However, when one cryptocurrency startup founder needed to cash in his bitcoin quickly, he didn’t log on to an exchange to do it.

http://www.coindesk.com/ripple-protocol-consensus-algorithm-digital-transactions/

Decentralized systems like digital currencies rely on consensus. This enables the network to agree that certain events – transactions, in the case of bitcoin – have taken place.

Miners are certainly needed to generate new bitcoins. Yet, their role is far more critical in confirming that bitcoins were actually sent from one place to another, thus maintaining an agreed-upon ‘truth’ in the network. This keeps the block chain reliable and, arguably, underpins its very existence.