Bitcoin Senate hearing; What interns are earning in the Valley; Virtual war memorials

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Dear StartupSmart reader, The G20 nations, including Australia, need to take the lead when it comes to producing a regulatory framework for bitcoin according to the US Chamber of Digital Commerce president. Silicon Valley interns are allegedly being paid anything from $US6000 ($A7000) to $US10,400, with additional stipends for housing costs. Melbourne social marketing startup Tiger Pistol has closed a $3.1 million funding round that will help accelerate its growth in Australia and the US. A South Australian startup is looking to bring together two unlikely companions: augmented reality and the humble gravestone. Melbourne-based startup JellyChip wants to “gamify social good”, and early next month it will be launching a closed beta for its market research platform. A new web series has launched with the aim of lifting the lid on Melbourne’s growing startup scene. Developing bespoke software is increasingly crucial to achieving business goals, but specifying software and managing programmers can be daunting and ripe with challenges. Here are five ways to manage a software build. The multimedia micro-blogging website Tumblr has overtaken Instagram as the fastest growing social platform, according to research released today by the Global Web Index. Bronwen Clune, Editor Melbourne startup Tiger Pistol closes $3.1 million funding round by Kye White Melbourne-based social marketing startup Tiger Pistol has closed a $3.1 million round of funding led by domain registration company Melbourne IT. VIEW ALL NEWS

Meet the Adelaide startup looking to bring augmented reality to cemeteries and war memorials by Broede Carmody A South Australian startup is looking to bring together two unlikely companions: augmented reality and the humble gravestone. Let bitcoin grow before you regulate: US expert tells Australian Senate inquiry by Kye White The G20 nations, including Australia, need to take the lead when it comes to producing a regulatory framework for bitcoin according to the US Chamber of Digital Commerce president. New web series to uncover the secrets of Melbourne’s successful startups by Broede Carmody A new web series has launched with the aim of lifting the lid on Melbourne’s growing startup scene. Silicon Valley interns reportedly earning up to $US10,000 a month by Broede Carmody Silicon Valley interns are allegedly being paid anything from $US6000 ($A7000) to $US10,400, with additional stipends for housing costs.

THE NEWS WRAP: Sony goes for style over tech with electronic paper watch by Kye White Sony is developing a watch made out of electronic paper for release as soon as next year in a trial of the company's new venture-style approach to creating products. READ MORE The next social network your business needs to think about: Tumblr overtakes Instagram and Facebook as fastest growing social site by Kirsten Robb The multimedia micro-blogging website Tumblr has overtaken Instagram as the fastest growing social platform, according to research released today by the Global Web Index. READ MORE Play games, earn rice for the poor: JellyChip’s plan to disrupt charity sector by Kye White Melbourne-based startup JellyChip wants to “gamify social good”, and early next month it will be launching a closed beta for its market research platform. READ MORE Five things you need to know about managing a software build by Peter Bell Developing bespoke software is increasingly crucial to achieving business goals, but specifying software and managing programmers can be daunting and ripe with challenges. READ MORE