Items tagged with bitcoin
The somewhat controversial cryptocurrency known as Bitcoin continues to show signs that it's here to stay, as opposed to a passing tech fad. More and more companies are starting to accept Bitcoin as payment for goods and services, and even Google is embracing it, or at least acknowledging that it's an important part of today's Internet culture....
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California fancies itself a fairly progressive state, so it wouldn't be all that shocking if Bitcoin ATMs littered the length of the location of the west coast within the next few years. For now, however, there are just two and they exist in the Los Angeles area. They're managed by ExpressCoin, a Bitcoin payment processor based out of Santa...
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The bumpy Silk Road saga is finally coming to an end after the U.S. Marshals Service auctioned away some 30,000 Bitcoins that were confiscated from the site. It was a 12-hour auction consisting of nine blocks of 3,000 Bitcoins and a single block of 2,657 Bitcoins. All combined, the confiscated cryptocurrency was worth...
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We all make mistakes, but as it turns out, some of them are more significant than others. As the Silk Road and Bitcoin saga continues, it appears that a list of bidders who were hoping to place bids for the ~$18 million in seized assets from Silk Road's closure have been made public. For a bit of background, around...
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Apple made a huge amount of announcements today as it pertains to OS X and iOS 8, but one theme managed to translate throughout: it's opening itself up a bit more than it has in the past. That means that third-party keyboard apps will now be supported throughout the OS, and third-party apps will have access to the Touch ID fingerprint sensor....
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We're not going to stand on our soap box and talk about how pirating games is wrong and how it robs publishers and developers of the fruits of their labor. We won't even bring up how piracy has led to increasingly intrusive and annoying DRM schemes. However, we will point out that there are other reasons why you...
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Depending on where you live and shop, you can buy a taco with Bitcoin, a form of virtual currency. You can also buy computer systems and even a Lamborghini with Bitcoin. Despite various shady activities and scandals associated with untraceable crypto-currencies like Bitcoin, the list of things you can buy with it keeps it growing. Heck, you...
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Security researchers at Trend Micro report finding a new Android malware family designed to mine crytocurrencies like Bitcoin, Litecoin, and Dogecoin. The malicious mining code is being repackaged in copies of popular apps like Football Manger Handheld and TuneIn Radio. To hide the code, malware writers modify the...
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A couple of months ago, iBUYPOWER got into the coin-mining craze by designing a PC series targeted squarely at it. Called Mine, the PCs feature only AMD Radeon graphics cards, since those currently give the best returns. In that post, I mentioned, "Given the incredible growth that cryptocurrencies have seen over the...
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2014 is quickly shaping up to be a paramount year for Bitcoin, with this month in particular kicking-off with some non-stop action. At the start of the month, we learned that popular Bitcoin exchange Mt. Gox had declared bankruptcy, causing many to suddenly see their coins turn to nothingness. At that time, that was...
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It's not as though crytocurrencies like Bitcoin are in need of any more bad publicity, though that being the case, it didn't stop MtGox from giving it to them. MtGox, formerly a popular Bitcoin exchange based in Tokyo, Japan, has filed for bankruptcy protection after admitting to having lost 850,000 Bitcoins worth...
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The wild and wonderful state of West Virginia isn't so wild about Bitcoin, Litecoin, and every other type of virtual currency that's hotter than a southern summer day. More specifically, West Virginia Senator Joe Manchin (Democrat) takes issue with crytpocurrencies and asked the U.S. to ban Bitcoin and any other...
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The Bitcoin craze is about to get a whole lot crazier once Robocoin starts installing ATMs in the U.S. that support the virtual currency. Robocoin said it's planning to install Bitcoin ATMs in Seattle, Washington and Austin, Texas. These kiosks will function like ordinary ATMs except they'll have scanners than can...
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Bitcoin digital currency is somewhat controversial as many people are just completely confused by it, but that hasn’t stopped Bitcoin from being used around the world--nor has it protected the currency from cybercriminals. SecureMac detailed the discovery of a Trojan called OSX/CoinThief.A that specifically...
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As more and more online retailers warm up to the idea of accepting Bitcoin currency, widespread acceptance is still a long way off. This is especially true of Russia, which just dropped the ban hammer on Bitcoins on the basis that it runs afoul of existing laws. Russia actually went one step further and called the...
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iBUYPOWER offers a handful of PC series that target different audiences, and with the world of cryptocurrency on fire, the company has now decided to target that audience as well. The biggest difference between iBUYPOWER's 'Mine' PCs and the others is that AMD's graphics cards come standard - something that won't...
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While the Chinese government wants nothing to do with Bitcoin, a Lamborghini dealership in Costa Mesa, California, has enough faith in the digital currency to begin accepting it as legal tender. That move would be impressive enough for a "regular" car dealer; for one that sells cars that average $200,000 USD, it's quite notable. The dealer,...
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Bitcoin, the virtual currency that's exploding in popularity on the web, isn't finding many fans among Chinese government officials, Just the opposite, really. China's central bank issued a warning to financial institutions that trading Bitcoins is risky business, and not long after, the country's government put in...
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Without any formal government regulation, Bitcoin prices have been surging and falling, and surging and falling. It's a roller coaster ride that only the bold can stomach, but those who are willing to invest in something like a new digital currency already have some wild stories to tell. Earlier this month, a...
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As crazy as this sounds, a single Bitcoin is worth almost as much as a single share of Apple. Bitcoin, a volatile virtual currency that's decentralized and uses cryptography to control transactions and prevent double-spending, has been steadily soaring for the past several months. It was viewed as a big deal when shares of Bitcoins went north...
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If you stop a random stranger on the street and ask that person what a Bitcoin is, you might get a confused stare. Try asking that same question a year from now and maybe every person you ask will say, "It's a digital currency that's decentralized and uses cryptography to use control transactions to prevent double-spending." Or they'll simply...
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Despite still being in its infancy and having a highly sporadic value, Bitcoin has quickly established itself as a real, respected currency. Now, thanks to Bitcoin trading service Bitcoiniacs, and ATM builder RoboCoin, Bitcoin's validity is set to become strengthened even further. Next week, Vancouver will welcome the...
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