Earlier this month, a US Senate committee described virtual currencies as a “legitmate financial service” and since then the value of a single bitcoin has surpassed $1,000. In January, it was trading at $20.
The topic of Bitcoin is being discussed by several major news outlets and has piqued the interest of Wall Street and the finance community. Now, the Bitcoin community will be excited to learn that the team at Project Bitcoin has recently launched a campaign on Kickstarter to gain funds to support the creation of “Bitcoin: The Movie.” Detailed information about the campaign and movie can be found on Kickstarter.
In what the company billed as a minor update to its mobile apps, Path today veered into social discovery by beginning to generate QR codes that let users connect with one another in person using their smartphones.
On today’s social media edition of the Morning Media Menu, GalleyCat editor Jason Boog talked about how marketers are using geotagging on niche sites like Instagram and Foursquare.
If public ridicule memes suggest that the sun may soon set on a tech boom, it may be time to sell your stocks. A Tumblr called Jesus Christ, Silicon Valley, is gaining attention after appearing in late March to offer a scathing critique of the oft-attacked Dave Morin.
Facebook’s Partner Categories Enable Brands to Target Ads to Users Based on Activity Across Web (AllFacebook)
Facebook’s ad-targeting capabilities took a giant step forward with Wednesday’s launch of partner categories, which allow brands on the social network to show ads to users based not only on their Facebook activity, but their activity across the Web, via both desktop and mobile, and even their offline purchases and tendencies. Partner categories will be available to advertisers in the United States via power editor and the ads application-programming interface starting Wednesday.
With the all-digital currency bitcoin rising in value, hackers have redoubled their efforts to get at the money. Earlier this week, they hacked into a bitcoin bank. Today, Kaspersky Security reports that a malware scheme on Skype is taking over users’ machines to help them hunt for the currency online.
Users of WordPress’s premium services can now pay using digital-only currency Bitcoin, the company said today. WordPress users could previously pay with PayPal or a credit card, but each of those platforms comes with limitations. For example, PayPal blocks more than 60 countries according to WordPress.