March 6, 2012 by Danny Schreiber
San Francisco A rocky relationship that we wrote about July has reemerged today with news that TradeHill, a former online Bitcoin exchange based in San Francisco and Chile, on Monday filed a federal lawsuit against Dwolla, an online cash transfer startup based in Des Moines. The lawsuit lists nine complaints, including false advertising, breach of contract and defamation, and seeks, according to Betabeat's … read more
July 27, 2011 by Danny Schreiber
Des Moines As of Tuesday, Bitcoin exchange platform TradeHill is no longer accepting Dwolla, citing the occurrence of chargebacks as the reason for its decision. Since TradeHill's launch in early June, it had been accepting Dwolla as a way for its users to fund their accounts in order to purchase Bitcoins, a virtual, peer-to-peer currency, on its exchange. According … read more
June 21, 2011 by Danny Schreiber
Des Moines In a guest post on this site addressing the recent attention given to Dwolla because of Bitcoin, Dwolla founder and CEO Ben Milne wrote: "I can’t go a day without talking about it or being asked about it. Whether it's the CEO of a billion-dollar company, a friend in passing, a reporter or someone in the financial institution space … apparently, I’m the guy to ask." Up until today, Milne hasn't publicly commented on Bitcoin. In fact, he's done the complete opposite. "I’ve been working very hard to keep … read more
June 21, 2011 by Guest Contributor
Des Moines Our PR guy asked me if the second sentence is necessary. I personally believe it is. Why? Because if you think about it… It's more likely your going to buy a banana than a bitcoin and yet… Even reading this you’re probably spending time trying to wrap your head around what the heck cryptocurrency is and the extension of what it means to our economy, banking system, and trade… Is that is kind of… Mind blowing… And when minds are blown… You get hype… "OMG what is happening. Is virtual … read more