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Huobi’s new fixed-interest bitcoin investment product should have the hairs on your neck standing at attention

Beijing based bitcoin exchange Huobi has introduced what amounts to the first virtual currency certificate of deposit (aka, CD) in a fixed income investment product that it’s calling the Dig-VC. The company describes the financial product as “The World’s First Hashing Power Mortgage.” Under the terms of the 60-day investment program, which is offered through [...]

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Early bitcoin entrepreneur and accused Silk Road money launderer Charlie Shrem to enter plea deal this week

Eight months after his arrest at JFK International Airport on charges including conspiracy to commit money laundering, early bitcoin evangelist, BitInstant.com founder, and former Bitcoin Foundation Vice Chairman Charlie Shrem is set to accept a plea deal. His attorneys tell Reuters that the plea will be entered this Thursday, September 4th. Shrem’s trial is scheduled [...]

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Star Citizen: Free Trial

Cloud Imperium Games is offering everyone a chance to try Star Citizen‘s Hangar Mode and the competitive multiplayer modes for free. Just go to this page and enter dragonflight2k14 as a coupon code. Valid until 9/5 (Windows only). Hat Tip Link Link 2 Price: Free Continue Reading from the Source

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JustFab raises $85M at what sources say is a $1B valuation

JustFab has closed an $85 million round of funding, the company’s co-founder and co-CEO Adam Goldenberg confirmed to Pando today. The round was led by new investor Passport Special Opportunity Fund, and included participation from existing investors Shining Capital, Matrix Partners, and Technology Crossover Ventures. The latest funding, which was entirely primary capital, brings the [...]

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Coinbase surprises with news of a year-old deposit insurance program, but what of its cold storage?

Coinbase dropped a bombshell on the bitcoin world yesterday by revealing that not only are its bitcoin deposits insured, but they have been so for more than a year. This after months of competitors listing insurance as a differentiating feature. The company wrote in a blog post: We’re proud to publicly announce that Coinbase holds [...]

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Loyalty leader Belly expands its footprint by rolling out to 2,600 7-Eleven locations

Digital loyalty startup Belly is extending its already impressive market lead today with the announcement that 7-Eleven, one of the company’s strategic investors, will roll-out the iPad-based platform in 2,600 of its convenience stores by the end of the year. The roll-out will be spread across the Northeastern US as well as in Vancouver, British [...]

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Control Your Living Room with Your Phone, Three-Year Mouse [Deals]

Logitech Harmony remotes have always been among the best for wrangling massive home theater systems, but this particular version actually turns your smartphone into the remote. You’ll also get a basic universal remote with physical buttons for when your phone isn’t handy. [Logitech Harmony Smart Control, $91] Read more… Continue Reading from the Source

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PayPal reconsiders online gambling, enters talks to process payments for NJ virtual casinos

PayPal has been in the news of late for its possible spinout from Ebay and its ongoing search for a new CEO, but there’s another largely overlooked storyline that could have an equally big impact on its future. According to reports from across the casino world, PayPal is considering (re)entering the online gambling market and [...]

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