Barry Silbert’s Bitcoin Investment Trust (BIT) has doubled its initial public offering (IPO) amount to $1 bln.An amendment filed with the US Securities and Exchange Commission (SEC) on Thursday includes the new figure as the agency reconsiders its earlier verdict to reject the first-ever Bitcoin ETF.“By doubling the target to a whopping $1 billion, BIT managers are signaling their belief in widespread demand,” a commentary on the move in Axios adds.The SEC is currently reviewing its decision to deny the Bitcoin ETF market access in March after its would-be exchange BATS filed an appeal later that month.At the same time, an Ethereum-based ETF is currently before the regulator, while Silbert himself has launched a private fund based on Ethereum Classic.All three tokens have undergone a rapid growth in price over the last few weeks following the initial Bitcoin ETF decision.On Twitter, Silbert remained enthusiastic on the investment flowing into cryptocurrency while discussing his Bitcoin and Ethereum Classic funds’ umbrella company Digital Currency Group.

What is the @DCGco strategy?Aside from BTC, ETC, & ZEC, we're investing in people selling the picks and shovels (h/t @TuurDemeester) https://t.co/lrnZ4cskKj — Barry Silbert (@barrysilbert) May 4, 2017 Bitcoin is currently testing the $1,600 barrier meanwhile, sustaining record highs.A brief dip to $1,525 in the past 24 hours was swiftly countered, taking the virtual currency back over the $1,600 to trade at around $1,610 per coin as of press time.Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully.Confirmation email sent to email address provided.Email * Password *X Edit Favorites Enter up to 25 symbols separated by commas or spaces in the text box below.These symbols will be available during your session for use on applicable pages.X experience Background Color Selector Quote Search .If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

X Please confirm your selection: You have selected to change your default setting for the Quote Search.This will now be your default target page; unless you change your configuration again, or you delete your cookies.bitcoin miner for xboxAre you sure you want to change your settings?exchange bitcoin dogecoinAirbnb touts economic impact for middle class to local legislators Airbnb Ahead of its participation in the U.S.bitcoin atm united statesConference of Mayors' Summer Meeting in Florida, Airbnb emphasized once more its big sell to local governments in a new report: positive economic impact for the middle class.bitcoin como criarAccording to Airbnb, 60% of U.S.will litecoin price rise

hosts say it has helped them afford to stay in their homes, 51% say they rely on Airbnb income to make ends meet, and 44% of U.S.hosts earn $75,000 a year or less.Between the lines: Airbnb faces a lot of criticism for contributing to housing crises in cities like San Francisco, and for increasing housing prices, so the home-sharing company is constantly touting such data as a counterpoint, especially to local legislators.bitcoin rate pkrMore from this year's report (2016 data): Airbnb supported 730,000 jobs worldwide, including 130,000 in the U.S.$61 billion in estimated economic output from Airbnb worldwide, including $14 billion in U.S.cities.Airbnb has tax agreements with 310 jurisdictions globally, including more than 250 in the U.S.$300 million in hotel and tourist taxes remitted, including more than $270 million in the U.S.57% of U.S.hosts are in cities with tax agreements.DOJ asks Supreme Court to hear Microsoft email case Swayne B. Hall / AP The Justice Department is trying to take its drawn-out fight with Microsoft over law enforcement's access to emails stored on overseas servers to the Supreme Court.

Why it matters: Major tech companies are watching this case closely.If the Supreme Court takes the case, the outcome would have far-reaching effects on how tech firms store user data on foreign servers — and how law enforcement can access it.As more and more of our data is stored in the cloud by companies with data centers around the world, the question of how governments (both U.S.and abroad) can access the data is becoming increasingly complicated.At issue is whether the U.S.government can use a warrant to access messages from one of Microsoft's data centers overseas.An appeals court sided with Microsoft, saying a U.S.warrant wasn't sufficient to obtain those messages and that the DOJ would instead need to request the data through an international process.What's next: Tech companies including Microsoft are pushing for Congress to update the laws regarding law enforcement access to data centers to create a clear process for accessing data while also protecting privacy.Congress has held hearings on the topic but has not yet acted on legislation.

The tour company Otto Warmbier used isn't taking Americans anymore Jon Chol Jin / AP Young Pioneers Tours (YPT), the tour company that hosted Otto Warmbier on his trip through North Korea may have not been as responsible in keeping its tourists as safe as they should have been, according to fellow trip-goers, Politico Magazine reports "It seems partying was a bigger part of the job description than taking care of us," one person who used YPT told Politico, adding that "all of the tour guides were young people who get very drunk.It was sort of like there were few or no adults around."Why it matters: Following Warmbier's death, YPT announced it isn't taking American tourists on its trips anymore because "the assessment of risk for Americans visiting North Korea has become too high," which puts the blame onto Americans and leaves little room for a company role in the security of its tour group.But two incidents in the buildup to Warmbier's detainment raise questions about the security of tourists in YPT's care.

Incident 1: One British trip goer, Danny Gratton, found himself alone in the streets after wandering off with another trip-goer and a few North Koreans on New Years Eve, during what was reportedly a jovial celebration.Unguided tourism is not allowed in North Korea and the country tightly monitors Western tourists, usually by placing North Korean guides with Western guides on tours.Plus, the "disappearance roughly coincides with the time Warmbier allegedly tried to steal the propaganda poster from the hotel, raising questions about whether those two events are related," as Politico writes.Warmbier and Gratton roomed together during the trip.The morning after the alleged disappearance and Warmbier's alleged crime, the hotel "mysteriously and uncharacteristically missed their wake-up call," Gratton told The Washington Post (although he did not disclose his disappearance).Then, when Warmbier was detained by North Korean security services at the airport that day, Gratton said he was the only tour go-er to see it.

Gratton said the tour company and the U.S.government never contacted him about the detainment.Incident 2: When a friend of one of the Western tour guides hid one of the tourists' passport and North Korean soldiers took him to another area and interrogated him, the tour guide allegedly teased the man's wife instead of helping.One other note: The Daily Mail reports that a British lawyer who went on a separate tour with YPT in North Korea said one of her tour guides brought her to an off-limits floor in their hotel building, which is similar to the location of Warmbier's alleged crime.Uber board members had copies of key document in Waymo lawsuit AP In a new court document, Uber says that three then-board members—Benchmark's Bill Gurley, Arianna Huffington, and TPG Capital's David Bonderman—received copies of a due diligence report prepared as part of the company's 2016 acquisition of a self-driving truck startup.All obtained copies of the report through Uber's in-house lawyers, and Bonderman subsequently shredded his copy, according to court documents.

Gurley and Bonderman are no longer on Uber's board.Why it matters: The Uber-Waymo court saga has been overshadowed by the dramatic departure of Uber CEO Travis Kalanick after the board asked him to resign.Whoever ends up taking the helm of Uber will not only have to fix its broken culture, but will also have to deal with the fallout of Waymo's allegations over the use of proprietary self-driving technology, which is vital to Uber's future.Backstory: At the onset of the case, Anthony Levandowski, a former Waymo employee accused of stealing company secrets before founding and selling his company to Uber, attempted to keep the report from turning up in court by asserting his Fifth Amendment right.The report presumably contains evidence that Levandowski did download 14,000 proprietary files from Waymo prior to leaving the company.The court eventually denied his request to shield the document and ordered Uber and the forensics firm that prepared it to hand it over.Uber later parted ways with Levandowski.

The US photo of a close encounter with a Russian fighter jet Master Sgt Charles Larkin Snr / U.S.European Command via AP The U.S.has released a photo of when a Russian fighter jet flew within five feet of a U.S.Air Force reconnaissance plane earlier this week over the Baltic Sea in an unsafe maneuver.The move came just after Russia announced it would begin targeting the U.S.west of the Euphrates in an escalation of tensions in the Syrian conflict.Senate asks Lynch to disclose Clinton email conversations Elise Amendola / AP The Senate Judiciary committee has asked former AG Loretta Lynch to disclose conversations she has had with two people who were implicated in the "dubious" intel that then-FBI Director James Comey relied on before announcing the Clinton investigation was over.The Judiciary Committee is now probing into both Trump and Obama administrations.The details:The potentially fake report, which could be linked to Russia, alleged that then-DNC Chair Debbie Wasserman Schultz claimed in an email that Lynch told a Clinton staffer the FBI wouldn't probe too far into Clinton.