We're sorry, the page you were looking for isn't found here.The link you followed may either be broken or no longer exists.Please try again, or take a look at our homepage for the latest news and market data.You may also be interested in these pages: U.S.News Markets Pre-markets Stocks Commodities Currencies Bonds Latest Video Investing Tech Make It Report a broken link | Help | Site mapEBay chief John Donahoe says he sees bitcoin and other digital currencies playing an "important role" in PayPal, the e-commerce giant's Internet payment platform."We're going to have to integrate digital currencies in our wallet," Donahoe said in an interview on CNBC's "Squawk Box."While refusing to say when, the eBay CEO talked broadly about the advantages of bitcoin and why he owns some."I'm not buying it as an investment.I'm buying it to understand how it can be used.""I think there are two sides of it, the investment side and the digital currency side," he continued in the interview, which aired Thursday.

"I'm more interested in the digital currency side about how you and I can exchange value seamlessly using technology."Read More3 reasons Wall Street can't stay away from bitcoin Andreessen on bitcoin Long-time bitcoin advocate Marc Andreessen, co-founder of Andreessen Horowitz, further explained bitcoin's dual-track.We're still in it.But we're a venture capital firm.We can take these kind of extreme bets," he said on CNBC."Is it guaranteed to work?If it works, is it important and very valuable?"The other part is bitcoin (is) a technology, completely independent of the currency," he added."The technology platform is incredibly valuable."And yes, Andreessen thinks Warren Buffett, who's criticized bitcoin, is still wrong.Read MoreApple, Google 'both winning': Andreessen Read MoreSnowden a 'traitor': Andreessen Bitcoin comeback Bitcoin has been on a major comeback recently—rising 80 percent from its spring lows, on news of wider acceptance—like the announcement last week from Dish Network that made it the largest company to accept the digital currency.

Read MoreBitcoin is back: Price quietly jumps 80% Payment processor Coinbase will handle the digital currency for Dish, instantly converting bitcoins into dollars to eliminate price volatility concerns for the satellite TV company.Bitcoin's biggest wallet service Coinbase co-founder Fred Ehrsam, appearing Thursday on "Squawk Box," predicted that "over the next three months, you'll see another couple billion-dollar retailers on board."Lord & Taylor and Overstock are already taking bitcoin.10 gh bitcoin minerOver time, Donahoe sees more and more merchants accepting bitcoin.litecoin price january 2013"I think you'll begin to see bitcoin used in different ... cases, whether it's a peer-to-peer use case, a cross-border transaction, someone's sending currency to someone else."most trustworthy bitcoin exchange

This week, Apple's new App Store Review Guidelines added a provision to allow software developers include virtual-currency transactions in their applications.Previously on Android devices only, Coinbase's app will now be available on Apple's iOS."It's only for sending and receiving bitcoin, not buying and selling [bitcoin] per their guidelines," Ehrsam said."It enables people to use bitcoin in a more easy way."Morning Squawk: Sign up to get Morning Squawk each weekday Job Industry Advertising/Marketing Automotive Communications/PR Construction/Manufacturing Education Finance/Banking/Insurance Legal Media/Entertainment Medical/Health Care Mining/Oil/Gas/Utilities Gov't/Non-Profit Real Estate Retail Technology/IT Transportation/Shipping Travel/Hospitality Other Get this delivered to your inbox, and more info about about our products and service.bitcoin bug bounty

eBay chief executive John Donahoe has confirmed the e-commerce giant is looking at ways to integrate bitcoins into its PayPal payments network."It’s a new disruptive technology, so, yeah, we’re looking at bitcoin closely," Donahoe said in an interview with the Wall Street Journal."There may be ways to enable it inside PayPal."eBay hasn't yet made any commitments to use the currency, Donahoe added, comparing the digital currency to early music sharing sites such as Napster.litecoin price api"Virtual currency is something that's here to stay," he said.bitcoin bcaLast week, PayPal president David Marcus said he was "fascinated" by bitcoin and that his company was considering the currency.litecoin price widget"For us it's a question of whether bitcoin will make its way to PayPal's funding instrument or not," Marcus told Bloomberg TV.ceo ebay bitcoin

"We’re thinking about it."While alternative currencies like bitcoin have the potential to be disruptive technologies, they are all still in the early stages of development, a spokesperson for PayPal has said."As the company that created the online payments category over a decade ago, PayPal knows how hard it can be to manage payments globally in a regulated environment," the spokesperson said."We're closely following this area and look forward to seeing how it develops."bitcoin johannesburgThe addition of bitcoin to the PayPal network would give the burgeoning digital currency some much-needed legitimacy.There has also been speculation that other money transfer services such as Western Union and Moneygram are looking at bitcoin.The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.Have breaking news or a story tip to send to our journalists?