Tag: bitcoin

  • Chasing stolen Bitcoins isn’t easy

    One of the benefits (and concerns, depending on which side of the fence you’re on) about Bitcoin is the level of anonymity that you get, along with the ease of moving money between Bitcoin wallets. With that in mind, you can understand when a stash of at least 5,400 Bitcoins were stolen, it caused a […]

  • China bans its banks from dealing in Bitcoin

    As Bitcoin is still very new, it’s no surprise that lawmakers around the world are scrambling to figure out how to deal with it. One country that has decided on a stance towards Bitcoin is China. The country has already banned its banks from handling Bitcoin trade. According to the Chinese government, Bitcoins are a […]

  • You should have invested in technology stocks in 2013

    Bitcoin isn’t the only thing that you should be tracking Bitcoin, Schmitcoin — Tech Stocks Also on a Frothy Run LinkedIn, up more that 95 percent; Facebook, up over 76.5 percent; Yahoo, up 83 percent; Amazon, up 57 percent; Google, up close to 50 percent; and even perpetually stagnant Microsoft, up close to 43 percent. […]

  • nio Card wants to be your Bitcoin debit card

    Is this Kickstarter project how we’ll be spending our Bitcoins in the future? nio Card – The world’s first Bitcoin payment smartcard The headline feature of the Nio Card is its ability to transfer Bitcoin payments using NFC. A tap of the card against an NFC-enabled smartphone is enough to send or receive BitCoins, and […]

  • $7.5 million worth of Bitcoins discarded in landfill

    If you’re storing some Bitcoins around, it’s best to ensure that they’re stored properly. Those 7,500 Bitcoins would translate to about $7,500,000 when the crytocurrency reached $1,000 recently. Missing: hard drive containing Bitcoins worth £4m in Newport landfill site “You know when you put something in the bin, and in your head, say to yourself […]

  • China, and the soaring price of Bitcoin

    Tyler Cowen writes about the link between China and Bitcoin. Capital controls in China are strict. It’s easy to bring money into the country, but getting it out (to invest or spend) is more difficult. That means there are are plenty of wealthy Chinese citizens and residents looking to move their money around the world […]

  • Bitcoin value reaches $1,000

    When Bitcoin reached $700 recently, everybody thought it was crazy, now we’re looking at $1,000. The next question is: Will it continue to rise? Bitcoin Crosses The $1,000 Mark On The Mt.Gox Exchange Bitcoin just traded past the $1,000 per coin mark on Mt.Gox, one of its largest exchanges – as we write this, it’s […]

  • Sir Richard Branson believes in Bitcoin

    Many people are still skeptical about Bitcoin at this point, but the recent high of $900 has certainly increased interest in the cryptocurrency. Now Bitcoin has a new supporter, none other than the maverick Sir Richard Branson himself. Whether you’re planning to invest in it; mine it; or ignore it, it’s probably a good idea […]

  • Gaming company fined for turning gaming machines into Bitcoin drones

    With Bitcoin’s value fluctuating wildly, not to mention hitting some incredible highs, it’s not surprising that some engineers will decide that illegitimately mined Bitcoins are the way to go. Gaming Company Fined $1M for Turning Customers Into Secret Bitcoin Army E-Sports Entertainment Association (ESEA) — which lets serious CounterStrike players face each other down in […]