BitPay, the startup with ambitions to become the PayPal of the bitcoin world, is today announcing that it has raised another $2 million. And in what is a kind of poetic justice, the round is led by none other than the Founders Fund, the VC started by what’s commonly called the PayPal Mafia. → Read More
If you’re sitting on a bunch of bitcoins that are burning a hole in your digital wallet, you now have another way to spend them. Today, mobile gift card company Gyft has partnered with BitPay to start accepting bitcoin within its app. → Read More
Bitcoin, a heavily underground peer-to-peer payment solution, is starting to peek its head above ground. Today, a payment solutions company called BitPay has announced $510K in investment, led by Shakil Khan, Barry Silbert, Jimmy Furland and Roger Ver. Put simply, BitPay feels like it is positioned to become the equivalent to PayPal for the virtual currency payment processor rival, Bitcoin. I… → Read More
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