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Niche Bitcoin Providers Take On the First Movers
As the Bitcoin industry matures, narrowly-focused companies are working to take market share from the companies that came first to the digital currency ecosystem.
Adam Ludwin, co-founder of Chain
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Bill Ready, CEO of Braintree
Braintree, a payment technology business owned by eBay and PayPal, has opened up Bitcoin acceptance to its merchant clients, including airbnb, GitHub, Uber and LivingSocial. more »
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Bitcoin wallet and merchant services provider Coinbase has insured the bitcoins it holds against theft and loss. more »
Josh Rossi
Josh Rossi is best known for starting the first Satoshi Square, a gathering of Bitcoin enthusiasts who trade the virtual currency for cash in New York City's Union Square, in 2013. He has since brought his ideas to new companies and new parts of the world. more »
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Online electronics retailer Newegg is now accepting bitcoin payments from Canadian customers. more »
A Lamassu Bitcoin ATM
Lamassu Bitcoin Ventures is sending its Bitcoin ATMs to areas that may not be completely welcoming to digital currency, with its newest machine touching down today in the West Village of New York City, the birthplace of the "BitLicense" regulatory concept. more »
Image: Bloomberg News
Jesse Powell, founder of Kraken
Jesse Powell knew Mt. Gox was not long for this world more than two years before the once-dominant bitcoin exchange went bankrupt in February. Powell founded a competitor, Kraken, which is now in talks to offer services in Japan more »
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Braintree a payment technology business owned by eBay, is reportedly looking at accepting the popular and controversial digital currency, Bitcoin, as a form of payment. more »
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Pockio, a U.K.-based company that re-sells gift cards for cryptocurrency, has expanded the number of brands it offers from 30 to 160 in only a couple of months. more »
Nick Sullivan, founder and CEO of ChangeCoin.
Social media sites, including Twitter and Facebook, have been enticing but sometimes hostile environments for payments innovation. Some startups are pushing past the platform providers to appeal directly to their users. more »
Image: Bloomberg News
Jerry Brito, a senior research fellow at the Mercatus Center at George Mason University.
The Consumer Financial Protection Bureau issued a warning to consumers about the danger of digital currencies, sparking questions about whether the agency could soon seek to write new rules in that area. more »
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The Consumer Financial Protection Bureau weighed into the debate about the future of digital currencies like Bitcoin, issuing a warning Aug. 11 that they pose significant risks to consumers. more »
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BitPay's recent decision to eliminate its fees for small merchants sacrifices some of the company's revenue to boost the larger Bitcoin economy. more »

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