BitCoin debit card to launch within next two months
Those of you who have been around the Bitcoin block a time or two have probably heard of, and even used, BitInstant. BitInstant is a service that provides the ability to transfer funds between Bitcoin...
View ArticleBitcoin Ponzi Scheme Collapses With a Loss of $5.6 Million
Remember pirateat40, the e-currency banker we speculated could be the Bernie Madoff of Bitcoin? Well, it looks like he owes a lot of people money. On August 17, pirateat40 announced the closure of...
View ArticleHacker steals $250k in Bitcoins from online exchange Bitfloor
The future of the up-and-coming Bitcoin exchange Bitfloor was thrown into question Tuesday when the company's founder reported that someone had compromised his servers and made off with about 24,000...
View ArticleBitcoin value spikes after hacker demands ransom in the currency
Sometimes a hack has unexpected outcomes. Today, a hacker who claims to have obtained Mitt Romney’s tax returns is demanding a ransom of $1 million in Bitcoins. The hacker probably didn’t expect to...
View ArticleBitfloor founder claims pilfered currency has not been touched
Cyberthieves who stole more than $250,000 (£158,000) in digital money are still sitting on the cash.The haul, in what is known as bitcoins, was stolen in a raid on the Bitfloor online currency exchange...
View ArticleBitcoin exchange Bitfloor attempts comeback after $250,000 heist
Bitfloor, a fast-growing Bitcoin exchange that was felled by a security breach earlier this month, has resumed operations. Founder Roman Shtylman announced the site's revival on Google Plus.The...
View Article78 percent of Bitcoin currency stashed under digital mattress, study finds
More than three-quarters of the digital coins in the Bitcoin digital currency scheme aren't circulating because they remain dormant in user accounts that have never participated in outgoing...
View ArticleAnalysis of How Bitcoin Is Actually Used
The Bitcoin scheme is a rare example of a large scale global payment system in which all the transactions are publicly accessible (but in an anonymous way). We downloaded the full history of this...
View ArticleTwo Hackers Build A Way To Pay For Your Pizza With Bitcoins
While the question remains whether or not you should be eating Domino’s pizza at all, a clever service now allows you to pay for your pie with Bitcoins. The service is far from an official Domino’s app...
View ArticleWorld's First Bitcoin ATM
Zach Harvey has an ambitious plan to accelerate adoption of the Internet's favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs that will let you buy...
View ArticleBitcoin virtual currency hits record high after exchange deal
Bitcoin has staged a dramatic comeback in the past two months, more than doubling its value against the dollar in that time and trading at record levels.The virtual currency was trading above $32 a...
View ArticleHackers Pull Off $12,000 Bitcoin Heist
A Bitcoin transaction services company says that hackers broke into one of its brokerage accounts last week, nabbing more than $12,000 worth of the digital currency.That attack knocked Bitinstant...
View ArticleMan offers to sell house for Bitcoins
An Alberta man is hoping to become the first person to sell a house for Bitcoins. He's asking $405,000 Canadian, or its equivalent in Bitcoins, for the 3.6 acre site."We are hoping to be the first...
View ArticleUS to regulate Bitcoin currency at its all-time high
Looks like Bitcoin has got too big to ignore. Virtual currencies are to be regulated by the US Treasury after the Financial Crimes Enforcement Network (FinCEN) moved to clarify their status under...
View ArticleBitcoin exchange faces DDoS, even as the digital currency surges
Bitcoin exchange Mt. Gox faced a distributed denial-of-service attack late Thursday, at a time the digital currency is seeing an upward swing.The Japanese company, which is rated as the largest...
View ArticleIn wake of Bitcoin spike, Instawallet halts service and Mt. Gox "eats" DDOS
Two days after Bitcoin blasted through its all-time price—shooting past $100 per BTC—Instawallet, one of the digital currency's easiest-to-use wallet sites, has shut down indefinitely. Bitcoin’s price...
View ArticleBitcoin-mining malware enslaves computers
Dumb-as-a-post Bitcoin-mining malware has appeared – bringing further proof that the virtual currency's hyperbolic trajectory is attracting the sort of late-to-the-party shady speculator that...
View ArticleSkype trojan forces Bitcoin mining, security firm warns
A trojan that can hijack a computer and force it into mining for Bitcoins - the virtual currency - has been spreading via Skype.Antivirus firm Kaspersky Labs said attackers sent messages in various...
View ArticleBitcoin Mining Has An Absurd Environmental Impact
Ah digital currency. It's all in our collective hive-mind right? Coming and going in bits and bytes. Nothing to see here. So why is a hacking process called "Bitcoin mining" using $150,000 worth of...
View ArticleDDOS strikes BitCoin exchange Mt.Gox
Bitcoin exchange Mt.Gox has been attacked and its servers briefly taken offline.The service confirmed the attack at 2:00 AM Japan time on April 22nd, posting a tweet to warn users of the outage.The...
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