Bitcoin merchant processing service BitPagos announced a successful seed funding raise of $600,000 dollars today, from investors including Pantera Capital, venture capitalist Tim Draper, SecondMarket CEO Barry Silbert and the Boost Bitcoin Fund. The company hopes to use this funding boost to expand its business in Argentina and across Latin America, where CEO Sebastian Serrano says there is opportunity to be "one of the few companies trying to do fiat-to-bitcoin payments, and... specialize in processing US dollar payments and paying in bitcoin... a currency that is more stable than the Argentinian peso."
TigerDirect Canada also announced today that they have begun accepting Bitcoin payments, following the example of their US counterpart, which began accepting Bitcoin in January and has already made over $1 million US dollars worth of bitcoin sales. Now, Canadians can also make online purchases with bitcoin through BitPay for TigerDirect's over 300,000 products.
Several Bitcoin businesses in Singapore have joined forces to form the Association of Crypto-Currency Enterprises and Startups, or ACCESS, which publicly launched on Monday. The Association includes Bitcoin exchanges, merchant transaction services, vending machines and miners, with a collective mission to "promote the development, dissemination and adoption of best-practices by Singaporean digital currency businesses and other industry participants, and to counter illegitimate use of the technology."
Italy's first cryptocurrency consultancy agency, CoinCapital, has partnered with manufacturer Bit-Wallet to create a more compact, competitive two-way bitcoin ATM. The Bit-Wallet ATM weighs less than 45 pounds, offers internet connectivity, and can be programmed to accept any paper currency. Pre-orders are now available, which the company is prepared to ship anywhere in the world, provided there aren't any prohibitive local regulations.
Australian bitcoin company DigitalBTC made history Sunday as the first cryptocurrency company to trade on a major stock exchange, as it was listed on the Australian Securities Exchange under the name Digital CC Limited. The company is confident that its new listing will help build trust in the community, and attract a wider range of more risk-averse investors, since the legal requirements for listing have made them "the most transparent bitcoin company around".
And the Winklevoss' bitcoin price index, the 'WinkDex', has been added to Bloomberg under the ticker WINKBTCO, offering the community a "blended bitcoin price index", meaning that it calculates a volume-weighted moving average price based on the top three Bitcoin exchanges. This is an important step forward for the brothers, as they work towards the approval and launch of their bitcoin exchange-traded fund, the Winklevoss Bitcoin Trust.
Singapore-based Coin Congress will be coming to San Francisco for its first conference on July 23rd to 24th. According to Coin Congress advisor and Bitcoin entrepreneur Brock Pierce, the event will bring "together the industry's top thought leaders to share their insights on the overall state of digital currencies, and provides attendees with actionable takeaways for their businesses."
Meanwhile in Washington DC, the Bitcoin In The Beltway conference will take place this coming weekend on June 20th to 22nd. The conference is co-chaired by Sean's Outpost founder Jason King and the Bitcoin Foundation's Elizabeth Ploshay, who saw the need to bring the digital currency conversation right to the heart of government regulation.