-
+18 +4
EBay’s Braintree Unit Said to Be in Talks to Use Bitcoin
EBay Inc. Braintree unit, one of its electronic-payments businesses, is exploring ways to support bitcoin payments, a person with knowledge of the discussions said. Braintree, which works with online and mobile-only startups so that people can easily pay for goods and services, has held discussions with bitcoin payment-service provider Coinbase Inc., said the person, who asked not to be identified because talks are ongoing and an agreement hasn’t been signed.
-
+18 +3
The US says it finally busted the gang behind the most convincing counterfeit dollars in the world
Last week's indictment of the alleged ringleaders of one of the most successful counterfeiting operations in US history offers a rare window into the US Secret Service's far-reaching efforts to combat counterfeit currency. The case centers around a counterfeit $100 bill that's legendary in law enforcement circles. Known to agents as...
-
+22 +2
Hacker Steals $83,000 Worth Of Bitcoin From Mining Pools
Research team from the Dell SecureWorks Counter Threat Unit (CTU) revealed yesterday that it has found a way to steal the crytocurrency from the mining pools. According to them, at least one hacker has been able to take advantage of the flaw in the system. The hacker established two malicious pools; one of which was used to send miners to a second pool.
-
+16 +2
Hacker Redirects Traffic From 19 Internet Providers to Steal Bitcoins
Among all the scams and thievery in the bitcoin economy, one recent hack sets a new bar for brazenness: Stealing an entire chunk of raw internet traffic from more than a dozen internet service providers, then shaking it down for as many bitcoins as possible. Researchers at Dell’s SecureWorks security division say they’ve uncovered a…
-
+22 +4
A New Digital Currency Whose Value Is Based on Your Reputation
Bitcoin turned money into something completely virtual. Using a worldwide network of machines and the power of pure mathematics, it put currency in the hands of computer programmers, free from the rules and regulations of big government and big banks. But J. Chris Anderson wants to do something even more radical.
-
+33 +3
Dell becomes largest company to accept bitcoin
Computer giant Dell announced that it will begin accepting bitcoin as payment, making the Texas-based company the largest business to accept the virtual currency.
-
+27 +5
Bitcoin is no longer banned in Russia
Speaking at a banking conference in St. Petersburg on Wednesday, Georgy Luntovsky, first deputy chairman for the Bank of Russia, said the country will take a wait-and-see approach to regulating Bitcoin, Reuters reports. For now, Russians should feel free to explore the increasingly popular digital currency.
-
+16 +2
Venture Capitalist Tim Draper Wins Bitcoin Auction
The venture capitalist Tim Draper was the sole winning bidder of the nearly 30,000 Bitcoins auctioned on Friday by the United States Marshals Service, several people close to the auction said on Wednesday.
-
+22 +3
Newegg, 1-800-Flowers jump on the Bitcoin payment train
Bitcoin has found two more partners in online commerce. Following in the digital footsteps of Overstock.com and Expedia, electronics retailer Newegg announced on Tuesday that customers can now pay using the popular cryptocurrency.
-
+19 +5
People Are Sending Pizzerias Around the Country Extortion Letters Demanding Bitcoin
Some shadowy organization is threatening to bring down the entire slice economy by damaging the reputation of individual pizzerias. "Your business," the group's delightfully anachronistic snail-mail missives instruct, "has been targeted for extortion.
-
+19 +5
California removes ban on Bitcoin, Dogecoin, and other alternative currencies
A new California law removes a ban on using currencies other than the U.S. dollar, which is intended to accommodate the growing use of alternative payment methods such as bitcoin.
-
+1 +1
Russia is striking out at economic sanctions, and is taking it out on the US dollar
Russia is making a concerted attack on the status of the America's greenback dollar as a global reserve currency and is in the process of abandoning the ‘petro-dollar’ as its trading unit for oil and gas. Russian energy companies have been told to ditch the dollar and sign contracts in rubles and the currencies of partner-countries.
-
+13 +6
U.S. launches sale of $17.2 million bitcoins seized in raid
Digital currency was seized by the FBI and the U.S. Marshall Service when it raided an online seller of contraband. The federal government is accepting bids Friday for nearly $17.2 million worth of bitcoin booty.
-
+14 +3
US Marshals Accidentally Replies All To Anonymous Bitcoin Auction Bidders In Email Fiasco
In a magnificent show of technical ineptitude, today the U.S. Marshals revealed the identities of many anonymous bidders in its $18 million seized Silk Road Bitcoin auction by CC’ing them on an email thread. When one asked a question, the response was sent to 40 of the bidders, many whose names were attached or easily identifiable from their addresses, negating the whole point of the auction being anonymous. Smooth, government.
-
+11 +2
Bitcoin security guarantee shattered by anonymous miner with 51% network power
For the first time in Bitcoin's five-year history, a single entity has repeatedly provided more than half of the total computational power required to mine new digital coins, in some cases for sustained periods of time. It's an event that, if it persists, signals the end of crypto currency's decentralized structure.
-
+16 +3
Feds to hold a Bitcoin auction for seized Silk Road money
The US Marshals Service could net nearly $2 million in an auction it's holding to sell the roughly 30,000 bitcoins it seized from the online drug bazaar's servers.
-
+14 +3
Expedia Starts Accepting Bitcoin for Hotel Bookings
Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website, becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well.
-
+26 +5
Venezuelan Prostitutes Earn More Selling Dollars Than Sex
The arrival of a Liberian-flagged freighter with Ukrainian, Arab and Filipino sailors spells one thing for Elena -- dollars. And greenbacks are king in Venezuela, the 32-year-old prostitute says.
-
+16 +2
Bitcoin: The Future of Currency? [infographic]
Top bank industry executives are all talking about Bitcoin’s threat to legacy payments systems, once they understand how it works. Will Bitcoin be the future of currency?
-
+17 +3
Darkcoin, the Shadowy Cousin of Bitcoin, Is Booming
In only a month, the little-known bitcoin alternative known as Darkcoin has rocketed nearly tenfold in value - from around 75 cents a coin to almost seven dollars. Its selling point: Darkcoin offers far greater anonymity than bitcoin.
Submit a link
Start a discussion